Stars And Stripes Honor Flight Inc is located in Menomonee Falls, WI. The organization was established in 2009. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stars And Stripes Honor Flight 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, Stars And Stripes Honor Flight Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 2.8% per year over the past 9 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
STARS AND STRIPES HONOR FLIGHT, INC. HONORS VETERANS WITH A LIFE-CHANGING TRIP TO WASHINGTON, D.C. TO VISIT THE MEMORIALS AND EXPERIENCE A DAY OF HONOR AND THANKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STARS AND STRIPES HONOR FLIGHT, INC. HONORS VETERANS WITH A LIFE-CHANGING TRIP TO WASHINGTON, D.C. TO VISIT THE MEMORIALS AND EXPERIENCE A DAY OF HONOR AND THANKS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karyn Roelke President | OfficerTrustee | 5 | $0 |
Paula Nelson Past President | OfficerTrustee | 5 | $0 |
Christy Julius Vice President | OfficerTrustee | 5 | $0 |
Dr Ed Fernandez Vice President - Medical | OfficerTrustee | 5 | $0 |
Sarah Ellis Vice President - Compliance | OfficerTrustee | 5 | $0 |
Jim Kliese Vice President Logistics | OfficerTrustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $200,709 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,461,860 |
Noncash contributions included in lines 1a–1f | $21,149 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,662,569 |
Total Program Service Revenue | $0 |
Investment income | $115,247 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $9,277 |
Net Income from Fundraising Events | -$51,529 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $13,386 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,748,950 |
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 | $15,066 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $13,242 |
Fees for services: Other | $0 |
Advertising and promotion | $553 |
Office expenses | $20,467 |
Information technology | $4,050 |
Royalties | $0 |
Occupancy | $303 |
Travel | $1,150,315 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $316 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,335 |
Insurance | $6,180 |
All other expenses | $0 |
Total functional expenses | $1,573,387 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $908,160 |
Savings and temporary cash investments | $470,133 |
Pledges and grants receivable | $24,725 |
Accounts receivable, net | $14,370 |
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 | $14,585 |
Net Land, buildings, and equipment | $11,349 |
Investments—publicly traded securities | $3,650,930 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,094,252 |
Accounts payable and accrued expenses | $96,641 |
Grants payable | $0 |
Deferred revenue | $51,425 |
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 | $148,066 |
Net assets without donor restrictions | $4,942,208 |
Net assets with donor restrictions | $3,978 |
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 | $5,094,252 |