HONOR FLIGHT NEVADA INC

EIN: 454472272 501(c)(3) Human Services

WASHOE VALLEY, NV

Total Revenue
$756,161
Total Expenses
$307,324
Total Assets
$1,009,135
Net Assets
$895,140
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NV
Principal Officer
JONATHAN YUSPA
Phone
7753239955
Tax Period
2024-01-01 to 2024-12-31

HONOR FLIGHT NEVADA INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $756K in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $449K, a strong 59% operating margin.

Mission

PROVIDE AIRFARE, HOTELS, MEALS FOR VETERANS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $726,762
Program Service Revenue $0
Investment Income $29,399
Other Revenue $0
TOTAL REVENUE $756,161

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $294,414
Other Expenses $307,324
TOTAL EXPENSES $307,324

Year-over-Year Comparison

2024 2023 Change
Revenue $756,161 $433,664 +0.7%
Expenses $307,324 $236,427 +0.3%
Net Income $448,837 $197,237 +1.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
12

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JON YUSPA PRESIDENT 20
Officer
$0 $0 $0
JAMES FORBUS TREASURER 5
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $756,161 $307,324 $1,009,135 $448,837
2023 $433,664 $236,427 $563,176 $197,237
2022 $235,246 $415,579 $400,868 $-180,333
2021 $323,922 $138,535 $478,972 $185,387
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