Wings Of Hope Incorporated
- Assets
- $15.8m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 20
- Location
- St Louis, MO
- Founding
- 01/1969
- Data as of
- 12/2022
- EIN
- 43-0909606
Organization Overview
Wings Of Hope Incorporated is located in St Louis, MO. The organization was established in 1969. According to its NTEE Classification (Q19) the organization is classified as: Support N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Wings Of Hope Incorporated employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wings Of Hope Incorporated 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 12/2022, Wings Of Hope Incorporated generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WINGS OF HOPE CHANGES AND SAVES LIVES THROUGH THE POWER OF AVIATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL AIR TRANSPORT: IN THE UNITED STATES, WINGS OF HOPE PROVIDES FREE TRANSPORTATION SERVICES TO FAMILIES SEEKING SPECIALIZED CARE NOT AVAILABLE IN THEIR COMMUNITIES. VOLUNTEER PILOTS AND MEDICS FLY INDIVIDUALS AND THEIR CAREGIVERS TO HOSPITALS IN 29 STATES WITHIN A 850-MILE RADIUS OF THE ORGANIZATION'S ST. LOUIS-BASED HEADQUARTERS.IN 2022 WE PROVIDED 219 PATIENT FLIGHTS ACCOMMODATING PATIENTS AND THEIR CAREGIVERS.
GLOBAL HUMANITARIAN NETWORK: WINGS OF HOPE SUPPORTS IN-COUNTRY PARTNER ORGANIZATIONS IN 10 COUNTRIES TO UNDERSERVED INDIVIDUALS LIVING IN REMOTE AREAS. MORE THAN 40,000 INDIVIDUALS BENEFIT FROM ACCESS TO RESOURCES FOR A BETTER LIFE THROUGH THESE PARTNERSHIPS.
SOAR INTO STEM: WINGS OF HOPE ENCOURAGES THE NEXT GENERATION OF HUMANITARIANS AND AEROSPACE PROFESSIONALS BY OFFERING A FOUR-WEEK, HANDS-ON CURRICULUM TO HIGH SCHOOL STUDENTS CONSIDERING CAREER PATHWAYS. STUDENTS BUILD KNOWLEDGE IN THE USE OF DRONES, AIR TRAFFIC CONTROL, AIRCRAFT MAINTENANCE AND PILOTING AIRCRAFT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Meyland-Smith Chairman | OfficerTrustee | 10 | $0 |
David Agee Director | Trustee | 1 | $0 |
Bryan Krueger Vice Chairman | OfficerTrustee | 2.5 | $0 |
Cameron Conway Director | Trustee | 1 | $0 |
Kelli Fabick Secretary | Trustee | 2.5 | $0 |
James D Moffat Director | Trustee | 1 | $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 | $1,423,016 |
| Noncash contributions included in lines 1a–1f | $602,300 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,423,016 |
| Total Program Service Revenue | $19,508 |
| Investment income | $303,375 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $320,737 |
| Net Income from Gaming Activities | $687,458 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,867,897 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $215,149 |
| Grants and other assistance to Foreign Orgs/Individuals | $189,496 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $265,764 |
| Compensation of current officers, directors, key employees. | $58,468 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,304,300 |
| 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 | $46,767 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $57,865 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,140 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $241,038 |
| Insurance | $119,513 |
| All other expenses | $246,933 |
| Total functional expenses | $3,366,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,729,583 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $987,017 |
| Accounts receivable, net | $69,684 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $14,311 |
| Inventories for sale or use | $654,236 |
| Prepaid expenses and deferred charges | $28,210 |
| Net Land, buildings, and equipment | $3,021,581 |
| Investments—publicly traded securities | $9,344,526 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,849,148 |
| Accounts payable and accrued expenses | $83,209 |
| 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 | $578,783 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $378,695 |
| Total liabilities | $1,040,687 |
| Net assets without donor restrictions | $12,659,411 |
| Net assets with donor restrictions | $2,149,050 |
| 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 | $15,849,148 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wings Of Hope Incorporated St Louis, MO | $15,849,148 | $2,867,897 |
International Corrugated Packaging Foundation Itasca, IL | $18,094,803 | $810,761 |
Mission Safety International Inc Elizabethton, TN | $199,556 | $381,594 |
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Crosspoint Of India Inc Bartlett, TN | $352,189 | $253,130 |
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Canaan Ministry Of Africa Buffalo Grove, IL | $2,405 | $103,424 |
American Friends Of The National Institute For Psychobiology Israel Chicago, IL | $5,337 | $45,899 |
Missionaire International Winchester, TN | $0 | $0 |
Nickels For Nepal Hixson, TN | $9,979 | $0 |
Kurnool Medical College Alumni Of North America Burr Ridge, IL | $36,000 | $0 |