CHILDREN'S FLIGHT OF HOPE

EIN: 561762824 501(c)(3) Health Care

RALEIGH, NC

Total Revenue
$4,302,914
Total Expenses
$4,137,447
Total Assets
$3,397,049
Net Assets
$2,890,227
🔒

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
1991
Legal Domicile
NC
Principal Officer
PATRICE NELLI
Phone
9194668593
Tax Period
2024-01-01 to 2024-12-31

CHILDREN'S FLIGHT OF HOPE, founded in 1991, is a community nonprofit in the Health Care sector that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $4.1M left a modest 4% surplus.

Mission

CHILDREN'S FLIGHT OF HOPE (CFOH) PROVIDES FLIGHTS TO ESSENTIAL, LIFE-CHANGING, AND LIFE-SAVING MEDICAL CARE FOR CHILDREN IN NEED. TOGETHER WITH OUR DONORS, PARTNERS, AND CHAMPIONS, WE HELP EASE THE EMOTIONAL AND FINANCIAL BURDEN ON FAMILIES, WITH FLIGHTS FOR CHILDREN AND CAREGIVERS EVERY TIME THEY TRAVEL FOR SPECIALIZED CARENO MATTER HOW FAR, NO MATTER HOW OFTEN. CFOH EXISTS TO ELIMINATE TRANSPORTATION AS A BARRIER TO ACCESSING HEALTH CARE, ESPECIALLY FOR CHILDREN FACING RARE OR COMPLEX MEDICAL CONDITIONS THAT REQUIRE TREATMENT FROM PEDIATRIC SPECIALISTS LOCATED FAR FROM HOME. OUR MISSION ADDRESSES KEY SOCIAL DETERMINANTS OF HEALTH BY IMPROVING ACCESS TO CARE, REDUCING FINANCIAL TOXICITY ASSOCIATED WITH LONG-DISTANCE TRAVEL, AND SUPPORTING FAMILIES NAVIGATING SERIOUS CHILDHOOD ILLNESS. MANY OF THE CHILDREN WE SERVE ARE LIVING WITH RARE DISEASES, CHRONIC ILLNESSES, OR MEDICALLY COMPLEX DIAGNOSES THAT DEMAND REPEATED AND SPECIALIZED INTERVENTIONS. WITHOUT OUR SERVICES, FAMILIES WOULD BE FORCED TO POSTPONE CARE, ENDURE LONG AND COSTLY TRAVEL, OR FORGO TREATMENT ENTIRELY. CFOH ENSURES EQUITABLE ACCESS TO CARE REGARDLESS OF GEOGRAPHY, FINANCIAL STATUS, OR DIAGNOSIS. OUR COMMITMENT TO HEALTH EQUITY IS REFLECTED IN OUR WRAPAROUND SUPPORTEACH FLIGHT COORDINATED BY CFOH REPRESENTS A TANGIBLE STEP TOWARD REDUCING DISPARITIES IN PEDIATRIC CARE. WE PARTNER WITH HOSPITALS, SOCIAL WORKERS, AND OTHER REFERRAL NETWORKS TO IDENTIFY FAMILIES MOST AT RISK OF CARE DISRUPTION DUE TO DISTANCE OR COST.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $3,982,010
Program Service Revenue $0
Investment Income $83,150
Other Revenue $237,754
TOTAL REVENUE $4,302,914

Expense Breakdown

Grants Paid $2,910,788
Salaries & Benefits $701,263
Fundraising Expenses $351,389
Program Expenses $3,265,417
Other Expenses $525,396
TOTAL EXPENSES $4,137,447

Year-over-Year Comparison

2024 2023 Change
Revenue $4,302,914 $3,116,322 +0.4%
Expenses $4,137,447 $2,809,442 +0.5%
Net Income $165,467 $306,880 -0.5%
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
12
Independent Members
12
Employees
8
Volunteers
394

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
5
$157,549
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE DILLON BOARD CHAIR 4.00
Officer Director
$0 $0 $0
JASON SANDNER TREASURER 4.00
Officer Director
$0 $0 $0
DEBORAH NUNN SECRETARY 4.00
Officer Director
$0 $0 $0
JENNIFER WADE IMMEDIATE PAST CHAIR 2.00
Officer Director
$0 $0 $0
JENNIFER ALLEN BOARD MEMBER 1.00
Director
$0 $0 $0
MATT CALLAHAN BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF CAUSEY BOARD MEMBER 1.00
Director
$0 $0 $0
GILL COOPER BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL DALY BOARD MEMBER 1.00
Director
$0 $0 $0
JESSIE DOLAN BOARD MEMBER 1.00
Director
$0 $0 $0
RICK GARDNER BOARD MEMBER 1.00
Director
$0 $0 $0
BEN GRIFFITH BOARD MEMBER 1.00
Director
$0 $0 $0
THANOS MAROGLOU BOARD MEMBER 1.00
Director
$0 $0 $0
DEBRA PERRY BOARD MEMBER 1.00
Director
$0 $0 $0
RIC RICHARDS BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF STOCKS BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH TUREK MD PHD MBA BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW WINZENZ BOARD MEMBER 1.00
Director
$0 $0 $0
JON ZWINSKI BOARD MEMBER 1.00
Director
$0 $0 $0
PAT NELLI PRESIDENT AND CEO 50.00
Officer
$155,387 $2,162 $157,549
LEIGH LONGINO COO 40.00
Highest
$119,823 $1,486 $121,309
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 $4,302,914 $4,137,447 $3,397,049 $165,467
2024 $4,302,914 $4,137,447 $3,397,049 $165,467
2023 $3,116,322 $2,809,442 $2,746,780 $306,880
2022 $3,246,917 $2,248,771 $2,418,814 $998,146
2021 $2,294,345 $1,551,552 $1,495,898 $742,793
2020 $1,261,858 $921,917 $738,132 $339,941
2019 $2,127,428 $2,082,306 $425,023 $45,122
2018 $1,786,225 $1,649,997 $371,234 $136,228
2018 $1,786,225 $1,649,997 $371,234 $136,228
2017 $1,312,003 $1,445,092 $228,080 $-133,089
2017 $1,312,003 $1,445,092 $228,080 $-133,089
2016 $807,291 $961,988 $365,003 $-154,697
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CHILDREN'S FLIGHT OF HOPE with other nonprofits in North Carolina and across the country.