Mercy Flight SE Inc dba Angel Flight Southeast (EIN 592697223) - 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

1986

Legal Domicile

Principal Officer

Steve Purello

Phone

3523260761

Tax Period

2024-01-01 to 2024-12-31

Mercy Flight SE Inc dba Angel Flight Southeast, founded in 1986, is a community nonprofit in the Health Care sector that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 124% from the prior year, signaling strong growth momentum. The organization ran a surplus of $929K, a strong 35% operating margin.

Mission

PROVIDE ACCESS FOR PEOPLE IN NEED SEEKING FREE AIR TRANSPORTATION TO SPECIALIZED HEALTH CARE FACILITIES OR DISTANT DESTINATIONS DUE TO FAMILY,COMMUNITY OR NATIONAL CRISIS

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,570,151

Program Service Revenue $0

Investment Income $0

Other Revenue $80,149

TOTAL REVENUE $2,650,300

Expense Breakdown

Grants Paid $0

Salaries & Benefits $192,622

Fundraising Expenses $92,774

Program Expenses $1,552,271

Other Expenses $1,529,010

TOTAL EXPENSES $1,721,632

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,650,300	$1,182,583	+1.2%
Expenses	$1,721,632	$1,222,037	+0.4%
Net Income	$928,668	$-39,454	-24.5%

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

1702

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

$94,900

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve Purello	Executive Dir.	40.00	Officer	$94,900	$0	$94,900
Johnny Pineyro	Director	8.00	Director	$0	$0	$0
Andrew Howell	Director	8.00	Director	$0	$0	$0
Keith Evans	Director	8.00	Director	$0	$0	$0
Barbara Matthews	Director	8.00	Director	$0	$0	$0
Dr Kenneth Stahl	Director	8.00	Director	$0	$0	$0
Dr James Plettner	Director	8.00	Director	$0	$0	$0
Alan Hoffberg	Treasurer	8.00	Officer	$0	$0	$0
Steve King	Chairman	8.00	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	$2,650,300	$1,721,632	$1,225,659	$928,668
2023	$1,182,583	$1,222,037	$711,113	$-39,454
2022	$281,279	$326,609	$744,258	$-45,330
2022	$1,513,837	$1,559,167	$744,258	$-45,330
2021	$688,311	$275,497	$829,130	$412,814
2020	$530,493	$509,367	$426,606	$21,126

Mercy Flight SE Inc dba Angel Flight Southeast