TALONS OUT HONOR FLIGHT INC (EIN 462520196) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

LINDA M LANGEVIN

Phone

2692177649

Tax Period

2023-01-01 to 2023-12-31

TALONS OUT HONOR FLIGHT INC, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $219K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $47K, a strong 21% operating margin.

Mission

TO FLY VETERANS AT NO CHARGE TO WASHINGTON DC TO VISIT THE MEMORIALS THAT ARE DEDICATED TO THOSE THAT HONOR THEIR SACRIFICES. CURRENTLY TALONS OUT HONOR FLIGHT IS FLYING WWII, KOREAN, AND TERMINALLY ILL VETERANS FROM OTHER CONFLICTS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $219,365

Program Service Revenue $0

Investment Income $14

Other Revenue $0

TOTAL REVENUE $219,379

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $12,375

Program Expenses $144,755

Other Expenses $172,834

TOTAL EXPENSES $172,834

Year-over-Year Comparison

	2023	2022	Change
Revenue	$219,379	$315,590	-0.3%
Expenses	$172,834	$396,110	-0.6%
Net Income	$46,545	$-80,520	-1.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

300

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TODD KOWALSKI	PRESIDENT	5.00	Officer Director	$0	$0	$0
TAMARA BIRD	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
LINDA M LANGEVIN	TREASURER	5.00	Officer Director	$0	$0	$0
SANDY ALDRICH	SECRETARY	5.00	Officer Director	$0	$0	$0
DAN KALLEWARD	MEMBER	2.00	Director	$0	$0	$0
BRITTANY GERVAIS	MEMBER	2.00	Director	$0	$0	$0
BARRY KEELY	MEMBER	2.00	Director	$0	$0	$0
BRUCE REMINGA	MEMBER	2.00	Director	$0	$0	$0
TYLER HORTON	MEMBER	2.00	Director	$0	$0	$0
JERRY GERVAIS	MEMBER	2.00	Director	$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	No data	No data	No data	No data
2023	$219,379	$172,834	$207,473	$46,545
2022	$315,590	$396,110	$158,582	$-80,520
2021	$269,929	$250,236	$238,894	$19,693
2020	$179,908	$34,251	$221,130	$145,657
2019	$365,049	$400,431	$73,200	$-35,382
2018	$320,638	$359,569	$108,582	$-38,931

TALONS OUT HONOR FLIGHT INC