Queen City Honor Flight Inc
Nonprofit profile at a glance
- EIN
- 822107277
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2017
- Location
- Weddington, NC, USA
- Phone
- 8773377243
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Military, Veterans' Organizations
Reported finances
- Revenue
- $99,623
- Expenses
- $87,535
- Assets
- $10,403
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- NICO IANNELLI (PRESIDENT)
- LYNDSEY BOWLUS (VICE PRESIDENT)
- SHANA HALAJIAN (VICE PRESIDENT)
People named in this filing
- NICO IANNELLI (PRESIDENT)
- LYNDSEY BOWLUS (VICE PRESIDENT)
- SHANA HALAJIAN (VICE PRESIDENT)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See Schedule O
What it reported doing in 2025
Provide local veterans with a one-of-a kind journey to Washington dc to visit war memorials
Operating model
- Revenue model
- Donor-supported. 84% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 82
- Sustainability: 48
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.2%; rating input score 78
- Program expense ratio: 89%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 12.1%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 9% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 14.1% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: -20.9% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 78.2% of revenue deployed · 89% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $78K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.