Texas Panhandle Honor Flight

EIN: 474241214 501(c)(3)

Amarillo, TX

Total Revenue
$155,463
Total Expenses
$235,316
Total Assets
$108,735
Net Assets
$108,735
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TX
Principal Officer
Sheila Ricks
Phone
8066813596
Tax Period
2018-01-01 to 2018-12-31

Texas Panhandle Honor Flight, founded in 2015, is a small nonprofit that reported $155K in total revenue in fiscal year 2018. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $235K exceeded revenue, resulting in a 51% operating deficit.

Mission

To increase public awareness and support of the men and women who are currently serving or have served our country in the military and to provide support services for their families.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $79,381
Program Service Revenue $69,297
Investment Income $134
Other Revenue $6,651
TOTAL REVENUE $155,463

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $6,849
Program Expenses $221,856
Other Expenses $235,316
TOTAL EXPENSES $235,316

Year-over-Year Comparison

2018 2017 Change
Revenue $155,463 $102,319 +0.5%
Expenses $235,316 $32,189 +6.3%
Net Income $-79,853 $70,130 -2.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
60

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Don Ricks President 0.00
Officer Director
$0 $0 $0
Sheila Ricks Treasurer 0.00
Officer Director
$0 $0 $0
Ron Clark Board Member 0.00
Director
$0 $0 $0
Hal Finnecy Board Member 0.00
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
2018 $155,463 $235,316 $108,735 $-79,853
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Texas Panhandle Honor Flight with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.