Honor Flight South Florida Inc

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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

Bobbi Reidy

Phone

8553591838

Tax Period

2023-01-01 to 2023-12-31

Honor Flight South Florida Inc, founded in 2013, is a small nonprofit in the Public & Societal Benefit sector that reported $251K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

To transport Veterans to Washington,D.C. to see the memorials dedicated to their service in WW II.

Program Service Accomplishments

Program 1

Expenses: $268,612

To transport Veterans to Washington, D.C. to see the memorials dedicated to their service in WW II.

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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 $250,790

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $250,790

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $268,612

Other Expenses $268,612

TOTAL EXPENSES $268,612

Year-over-Year Comparison

	2023	2022	Change
Revenue	$250,790	$347,259	-0.3%
Expenses	$268,612	$251,967	+0.1%
Net Income	$-17,822	$95,292	-1.2%

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

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
Annette Claudio	Director	10.00	Director	$0	$0	$0
Ryan Paton	Director	5.00	Director	$0	$0	$0
Ashton Adler	Director	1.50	Director	$0	$0	$0
Elaine Martin	Director	30.00	Director	$0	$0	$0
John McCrory	Director	2.00	Director	$0	$0	$0
Jessica Easterling	Vice President	10.00	Director	$0	$0	$0
Mike Miskew	Chairman	20.00	Officer	$0	$0	$0
Bobbi Reidy	Treasurer	4.00	Officer	$0	$0	$0
Thomas Christensen	Secretary	10.00	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	No data	No data	No data	No data
2023	$250,790	$268,612	$399,505	$-17,822
2022	$347,259	$251,967	$417,329	$95,292
2021	$169,732	$158,029	$322,035	$11,703
2020	$73,195	$28,415	$310,330	$44,780
2019	$351,339	$228,055	$265,550	$123,284
2018	$294,295	$321,855	$142,266	$-27,560