Honor Flight Of The Quad Cities Inc
- Assets
- $1.7m
- Revenue
- $510.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Davenport, IA
- Founding
- 02/2009
- Data as of
- 12/2023
- EIN
- 26-2958726
Organization Overview
Honor Flight Of The Quad Cities Inc is located in Davenport, IA. The organization was established in 2009. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Honor Flight Of The Quad Cities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Honor Flight Of The Quad Cities Inc generated $510.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $402.6k during the year ending 12/2023. While expenses have increased by 2.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO ARRANGE AND PROVIDE NO COST TRANSPORTATION OF WORLD WAR II, KOREAN WAR, AND VIETNAM VETERANS TO WASHINGTON, D.C. TO VISIT THEIR MEMORIALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 2008 HONOR FLIGHT OF THE QUAD CITIES (HFQC) HAS SUCCESSFULLY COMPLETED 58 FLIGHTS FOR WORLD WAR II, KOREAN AND VIETNAM VETERANS TO VISIT WASHINGTON D.C. AT NO COST TO THE VETERANS. THE PURPOSE OF HFQC IS TO GET VETERANS TO VIEW THE MEMORIALS THAT HAVE BEEN BUILT AS TRIBUTES TO THEM AND THEIR SERVICE TO OUR COUNTRY. MANY OF THESE VETERANS NEED ASSISTANCE SO WE HAVE GUARDIANS ACCOMPANY THEM THROUGHOUT THE TRIP. GUARDIANS ARE VOLUNTEERS AND THEREFORE NOT PAID FOR THEIR SERVICES. HFQC USUALLY COMPLETES 3 TO 4 FLIGHTS PER YEAR. WE'VE HAD APPROXIMATELY 5,500 VETERANS IN TOTAL AND 3,300 GUARDIANS (VOLUNTEERS) IN TOTAL ON THE FIRST 58 FLIGHTS. WE ANTICIPATE CONTINUING TO HONOR OUR VETERANS FROM WW II, KOREA, AND VIETNAM IN FUTURE YEARS. AS LONG AS WE ARE ABLE TO RAISE THE FUNDS NECESSARY, WE WILL CONTINUE THIS SERVICE TO OUR VETERANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Garrington Hub Director | OfficerTrustee | 20 | $0 |
David L Woods Director | Trustee | 5 | $0 |
Michael Haney Deputy Asst. | OfficerTrustee | 5 | $0 |
Kevin Johnson Director | Trustee | 5 | $0 |
Phil Corwin Secretary | OfficerTrustee | 5 | $0 |
Lori Petersen-Spavin Director | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $468,523 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $468,523 |
| Total Program Service Revenue | $0 |
| Investment income | $42,363 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $510,886 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $950 |
| Advertising and promotion | $615 |
| Office expenses | $144 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,152 |
| All other expenses | $20,786 |
| Total functional expenses | $402,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $612,845 |
| Savings and temporary cash investments | $1,066,086 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,678,931 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,678,931 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,678,931 |