CENTRAL IOWA HONOR FLIGHT (EIN 812827359) - 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

2016

Legal Domicile

Principal Officer

JEFFREY BALLENGER

Phone

7123226638

Tax Period

2019-01-01 to 2019-12-31

CENTRAL IOWA HONOR FLIGHT, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $136K in total revenue in fiscal year 2019. Revenue surged 344% from the prior year, signaling strong growth momentum. Expenses of $270K exceeded revenue, resulting in a 99% operating deficit.

Mission

THE CENTRAL AND WESTERN IOWA HONOR FLIGHT TRANSPORTS OUR WWII, KOREAN WAR AND VIETNAM WAR HERO'S TO WASHINGTON, DC TO VIEW THEIR MEMORIALS AND OTHER MONUMENTS AT NO COST TO OUR VETERANS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $135,846

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $135,846

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $257,807

Other Expenses $270,266

TOTAL EXPENSES $270,266

Year-over-Year Comparison

	2019	2018	Change
Revenue	$135,846	$30,587	+3.4%
Expenses	$270,266	$20,875	+11.9%
Net Income	$-134,420	$9,712	-14.8%

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

100

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
JEFFREY BALLENGER	PRESIDENT	2.00	Officer	$0	$0	$0
VICKY VERMAT	SECRETARY	2.00	Officer	$0	$0	$0
MIKE ALFORD	TREASURER	2.00	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
2019	$135,846	$270,266	$24,078	$-134,420

CENTRAL IOWA HONOR FLIGHT