Honor Flight Buffalo Inc

Nonprofit profile at a glance

EIN
272358118
IRS 990 coverage
2013–2014
Forms available
Form 990 2014
Location
Buffalo, NY, USA
Phone
7168760304
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Commemorative Events

Official website

Reported finances

Revenue
$92,231
Expenses
$116,602
Assets
$95,198
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Lisa A Wylie (President)
  • Jo-Anne Wylie (Vice-President)

People named in this filing

  • Dorothy Keough (Board Member)
  • Deborah Watkins (Board Member)
  • James Watkins (Board Member)

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

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Honor Flight Buffalo's mission is to fly American's Veterans at no charge to Washington, DC to visit those memorials dedicated to honor their sacrifices. Currently, Honor Flight Buffalo is flying World War II Veterans.

What it reported doing in 2014

Honor Flight Buffalo escorted Western New York and Erie, Pennsylvania World War II Veterans to Washington, DC free of charge on two separate flight trips. The flights were May 30,2015 and October 24, 2015. For the May 30, 2015 flight, we chartered an airplane from Southwest Airlines which increased travel costs for better scheduling of departure and arrival. An additional bus was also added. For the Veterans traveling from Pennsylvania we paid for their expenses to depart from Buffalo. Due to the number of participants on our May 30, 2015 the flight dinner was held at a local hotel banquet room increasing meal costs.

Operating model

Revenue model
Donor-supported. 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 38
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -26.4%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.82; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: 35.6% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: -15.4% per year; rating input score 0; 33rd percentile among comparable filings
  • Asset growth: -22.7% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $117K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2013 to 2014
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Growth: Asset growth scored 0/100.