Freedom Flight Inc

Nonprofit profile at a glance

EIN
411617166
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
St Cloud, MN, USA
Phone
3202329554
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$102,556
Expenses
$96,876
Assets
$90,790
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • LUKE CESNIK (PRESIDENT)
  • GERALD LANG (VICE PRESIDENT)

People named in this filing

  • LUKE CESNIK (PRESIDENT)
  • GERALD LANG (VICE PRESIDENT)
  • LINDA VINK (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Freedom flight is a nonprofit 501(c)(3) organization that flies hot air balloons to support the prisoner of war / missing in action issues. We are privately funded by random donors , like you. We are all volunteers! Our volunteers manage all aspects of our operation. Everything from the pilots, the crew, the artwork, the website, the events are all developed by volunteers.

What it reported doing in 2024

Participation in the extensive and varying festivals and fairs are geographically conducted across the united states, from coast to coast . Festivals are community established, private, non-profit, non-political foundations whose missions are to celebrate, teach, honor, and strengthen the traditional american values of faith, family, freedom, and country, especially honoring our prisoners of war and those still missing in action from all wars. Freedom flight is a nonprofit 501(c)(3) organization that flies hot air balloons to support the prisoner of war / missing in action issues. We are privately funded by random donors, many individuals like you. Ffi is an all-volunteer non-profit. Our volunteers manage all aspects of our operation. Everyone and everything, from the pilots, the crew, the artwork, the website, as well as the events are all developed by volunteers.

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 82
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.2%; rating input score 74
  • Program expense ratio: 78.6%; rating input score 79

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5.5%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.94; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 0.3% per year; rating input score 100; 31st percentile among comparable filings
  • Revenue growth: 4.4% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 3.4% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 74.2% of revenue deployed · 78.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $76K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 49/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.