Freedom Flight Inc
- Assets
- $112.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Cloud, MN
- Founding
- 11/1989
- Data as of
- 06/2022
- EIN
- 41-1617166
Organization Overview
Freedom Flight Inc is located in St Cloud, MN. The organization was established in 1989. 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. Freedom 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 06/2022, Freedom Flight Inc generated $56.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $96.5k during the year ending 06/2022. While expenses have increased by 10.7% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FLYING HOT AIR BALLOONS THROUGH THE UNITED STATES AT VARIOUS EVENTS TO PROMOTE AND EDUCATE THE PUBLIC REGARDING OUR POW/MIA SERVICEMEN. APPROXIMATELY 45-50 EVENTS DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luke Cesnik President | 0.5 | $0 | |
Gerald Lang Vice President | 0.5 | $0 | |
Charles Parins Treasurer | 0.5 | $0 | |
Dennis Anderson Board Member | 0.5 | $0 | |
John Pearson Board Member | 0.5 | $0 | |
Linda Vink Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,853 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,414 |
| Other Revenue | $0 |
| Total Revenue | $56,849 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $3,805 |
| Printing, publications, postage, and shipping | $1,111 |
| Other expenses | $90,846 |
| Total expenses | $96,512 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,872 |
| Other assets | $0 |
| Total assets | $112,242 |
| Total liabilities | $3,627 |
| Net assets or fund balances | $108,615 |