HUDSON VALLEY HONOR FLIGHT INC (EIN 463341239) - 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

CAROL SMITH

Phone

8453910076

Tax Period

2023-01-01 to 2023-12-31

HUDSON VALLEY HONOR FLIGHT INC, founded in 2013, is a small nonprofit in the Human Services sector that reported $596K in total revenue in fiscal year 2023. Expenses of $566K left a modest 5% surplus.

Mission

HUDSON VALLEY HONOR FLIGHT (HVHF) HONORS VETERANS FOR ALL THEIR SACRIFICES. WE TRANSPORT THESE HEROES, AT NO COST TO THEM, TO WASHINGTON, D.C. TO VISIT THE MEMORIALS BUILT IN THEIR HONOR.

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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 $600,431

Program Service Revenue $1,050

Investment Income $4,523

Other Revenue $-10,296

TOTAL REVENUE $595,708

Expense Breakdown

Grants Paid $0

Salaries & Benefits $76,292

Fundraising Expenses $1,387

Program Expenses $545,007

Other Expenses $489,506

TOTAL EXPENSES $565,798

Year-over-Year Comparison

	2023	2022	Change
Revenue	$595,708	$590,316	+0.0%
Expenses	$565,798	$676,887	-0.2%
Net Income	$29,910	$-86,571	-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

Governance

Voting Members

Independent Members

Employees

Volunteers

150

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

$68,656

Total Directors

$68,656

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER DEFRANCESCO	EXECUTIVE DI	40.00	Officer Director	$68,656	$0	$68,656
HEATHER BELL	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET BROCCOLI	DIRECTOR	1.00	Director	$0	$0	$0
MARTIN BUTCHER	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD CALBO	DIRECTOR	1.00	Director	$0	$0	$0
EVERETT COLLIE	DIRECTOR	1.00	Director	$0	$0	$0
CHESTER EDWARDS	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN GREEN	DIRECTOR	1.00	Director	$0	$0	$0
LOUIS INGRASSIA	DIRECTOR	1.00	Director	$0	$0	$0
FRANK KIMLER	CHAIRMAN - U	5.00	Officer Director	$0	$0	$0
PATRICIA MAHER	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA MAHER	SECRETARY	5.00	Officer Director	$0	$0	$0
MARIANNE SCHMIDT	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM SESTROM	DIRECTOR	1.00	Director	$0	$0	$0
CAROL SMITH	ACTING CHAIR	5.00	Officer Director	$0	$0	$0
MICHAEL SNYDER	DIRECTOR	1.00	Director	$0	$0	$0
MONICA WAITE	TREASURER	5.00	Officer Director	$0	$0	$0
THOMAS WALRAVEN	DIRECTOR	1.00	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
2023	$595,708	$565,798	$864,178	$29,910
2022	$590,316	$676,887	$834,268	$-86,571
2021	$244,628	$97,439	$920,839	$147,189
2020	$136,366	$102,034	$773,650	$34,332
2019	$642,295	$468,771	$739,318	$173,524
2018	$604,517	$433,071	$567,505	$171,446

HUDSON VALLEY HONOR FLIGHT INC