MID MICHIGAN HONOR FLIGHT 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

2015

Legal Domicile

Principal Officer

ROBERT GREEN

Phone

2318034255

Tax Period

2023-01-01 to 2023-12-31

MID MICHIGAN HONOR FLIGHT INC, founded in 2015, is a small nonprofit in the Public & Societal Benefit sector that reported $328K in total revenue in fiscal year 2023. Expenses of $432K exceeded revenue, resulting in a 32% operating deficit.

Mission

TO PROVIDE AMERICA'S VETERANS FREE TRANSPORTATION TO WASHINGTON, DC FOR A MEMORABLE, SAFE AND REWARDING TOUR OF HONOR THAT INCLUDES VISITING THOSE MEMORIALS DEDICATED TO HONOR THEIR SACRIFICES.

Program Service Accomplishments

Program 1

Expenses: $415,422

TO PROVIDE AMERICA'S VETERANS FREE TRANSPORTATION TO WASHINGTON, DC FOR A MEMORABLE, SAFE AND REWARDING TOUR OF HONOR THAT INCLUDES VISITING THOSE MEMORIALS DEDICATED TO HONOR THEIR SACRIFICES.

Program 2

Expenses: $103

TO PROVIDE VETERANS UNABLE TO BE PHYSICALLY TRANSPORTED TO WASHINGTON, DC DUE TO MEDICAL CONDITIONS, A CHANCE TO EXPERIENCE THE TRIP VIA PHOTOS, VIDEOS AND VETERANS' RECOUNTING OF THEIR PERSONAL...

TO PROVIDE VETERANS UNABLE TO BE PHYSICALLY TRANSPORTED TO WASHINGTON, DC DUE TO MEDICAL CONDITIONS, A CHANCE TO EXPERIENCE THE TRIP VIA PHOTOS, VIDEOS AND VETERANS' RECOUNTING OF THEIR PERSONAL EXPERIENCE(S). EDUCATING THE LOCAL COMMUNITY AND POTENTIAL VOLUNTEERS ON THE IMPORTANCE OF HONOR FLIGHTS AND THE KEY ROLE THESE TRIPS PLAN IN VERTERANS' LIVES.

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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 $248,602

Program Service Revenue $0

Investment Income $1,670

Other Revenue $78,075

TOTAL REVENUE $328,347

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,047

Program Expenses $415,525

Other Expenses $432,371

TOTAL EXPENSES $432,371

Year-over-Year Comparison

	2023	2022	Change
Revenue	$328,347	$340,362	0.0%
Expenses	$432,371	$319,522	+0.4%
Net Income	$-104,024	$20,840	-6.0%

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
KATHY BARNES	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
HEATHER GREEN	BOARD MEMBER	N/A	Director	$0	$0	$0
ROBERT GREEN	PRESIDENT	N/A	Officer Director	$0	$0	$0
ERIC HOFFMAN	BOARD MEMBER	N/A	Director	$0	$0	$0
KELLI JOHANSEN	SECRETARY	N/A	Director	$0	$0	$0
COSME MONSIVAIS JR	BOARD MEMBER	N/A	Director	$0	$0	$0
JOHN P JURY	BOARD MEMBER	N/A	Director	$0	$0	$0
BRENDA KING-GIBSON	FINANCIAL SE	N/A	Officer Director	$0	$0	$0
KENNETH RIZZO	GRANT WRITER	N/A	Director	$0	$0	$0
ALLEN SUTHERBY	BOARD MEMBER	N/A	Director	$0	$0	$0
LORI THUEME	TREASURER	N/A	Officer Director	$0	$0	$0
GARY WENDLOWSKY	BOARD MEMBER	N/A	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	$328,347	$432,371	$158,232	$-104,024
2022	$340,362	$319,522	$262,256	$20,840
2021	$119,178	$25,576	$241,416	$93,602
2020	$112,900	$30,801	$147,814	$82,099
2019	$218,109	$239,641	$65,715	$-21,532
2018	$237,044	$247,653	$87,247	$-10,609