Agape Flights Inc
- Assets
- $4.2m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 14
- Location
- Venice, FL
- Founding
- 08/1981
- Data as of
- 12/2021
- EIN
- 59-2057436
Organization Overview
Agape Flights Inc is located in Venice, FL. The organization was established in 1981. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Agape Flights Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agape Flights 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 12/2021, Agape Flights Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 11.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A CHRISTIAN AVIATION MINISTRY TRANSPORTING CONTINUOUS AND CRITICAL SUPPLIES TO SUPPORT MISSIONARIES, THEIR FAMILIES AND THEIR UNIQUE MISSIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AGAPE FLIGHTS WAS FOUNDED BY KEITH AND CLARA STARKEY ON OCTOBER 24, 1980. IN THE WORDS OF CLARA STARKEY, "GOD LAID IT ON OUR HEARTS TO BUY AN AIRCRAFT TO FLY SUPPLIES INTO HAITI." THEY CHOSE THE GREEK WORD FOR LOVE, AGAPE (THE UNCONDITIONAL LOVE HE HAS FOR EACH OF US) TO DESCRIBE THEIR MISSION AND THEIR MINISTRY. ON NOVEMBER 15, 1980, AGAPE'S INAUGURAL FLIGHT LEFT THE SARASOTA-BRADENTON AIRPORT, BOUND FOR CAP HAITIEN, HAITI. THE SMALL CESSNA 411 WAS LOADED WITH DONATED EMERGENCY SUPPLIES AND MAIL FOR ABOUT 25 MISSIONARY FAMILIES.TODAY, NEARLY THIRTEEN MILLION PEOPLE LIVE IN THE AREAS REGULARLY REACHED BY AGAPE'S FLIGHTS. MISSION FLIGHTS REGULARLY LAND IN THE FOLLOWING AIRPORT LOCATIONS: ELEUTHERA, BAHAMAS, CAP HAITIAN, PORT-AU-PRINCE AND LES CAYES, IN HAITI, SANTO DOMINGO AND SANTIAGO IN THE DOMINCAN REUBLIC. THE CRITICAL SUPPLIES TRANSPORTED TO OVER 300 MISSIONARIES, THEIR FAMILIES, AND THEIR MISSIONS ARE USDED TO CHANGE LIVES, ONE PERSON AT A TIME. EACH YEAR, AGAPE FLIGHTS TOUCHES THE LIVES OF OVER ONE MILLION MEN, WOMEN, AND CHILDREN THROUGH ITS AFFILIATED MISSIONARIES WHO PROVIDE CLEAN WATER, COMMUNITY HEALTH, EDUCATION, EVANGELISM, MEDICAL SERVICES, MICRO ENTERPRISE, ORPHAN CARE, AND VOCATIONAL TRAINING.THE FAIR MARKET VALUE OF DONATED SERVICES FOR THE YEAR ARE VALUED ON THE AUDITED FINANCIAL STATEMENTS AT $127,253 AND INCLUDE SERVICES FOR FINANCE, ADMINISTRATION, AIRCRAFT REPAIR AND MAINTENANCE AND PILOTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Speer CEO | Officer | 40 | $124,477 |
Charles Thompson Treasurer | OfficerTrustee | 2 | $0 |
Rebecca Mcquillen Secretary | OfficerTrustee | 1 | $0 |
David Yohn Vice Chair | OfficerTrustee | 1 | $0 |
Adrienne Mccutcheon Chair | OfficerTrustee | 2 | $0 |
Ed Loomis Director | Trustee | 2 | $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 | $2,312,556 |
| Noncash contributions included in lines 1a–1f | $512,151 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,312,556 |
| Total Program Service Revenue | $318,772 |
| Investment income | $25,184 |
| 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 | $2,694,837 |
| 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. | $124,477 |
| Compensation of current officers, directors, key employees. | $12,448 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $491,219 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $82,013 |
| Payroll taxes | $36,165 |
| 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 | $26,095 |
| Advertising and promotion | $0 |
| Office expenses | $22,528 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,309 |
| 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 | $119,954 |
| Insurance | $57,310 |
| All other expenses | $54,667 |
| Total functional expenses | $2,217,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $787,689 |
| Savings and temporary cash investments | $350,912 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,530 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $114,232 |
| Prepaid expenses and deferred charges | $67,799 |
| Net Land, buildings, and equipment | $1,178,040 |
| Investments—publicly traded securities | $1,662,022 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,827 |
| Total assets | $4,213,051 |
| Accounts payable and accrued expenses | $69,645 |
| 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 | $13,174 |
| Total liabilities | $82,819 |
| Net assets without donor restrictions | $3,161,614 |
| Net assets with donor restrictions | $968,618 |
| 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 | $4,213,051 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Agape Flights Inc has recieved totaling $13,000.
| Awarding Organization | Amount |
|---|---|
Christian Fellowship Radio Inc Bradenton, FL PURPOSE: FLYING MISSION NEEDY/MISSIONARIES | $8,000 |
Robert E Dods Family Foundation Longboat Key, FL PURPOSE: GENERAL OPERATIONS | $5,000 |
Endowment Analysis
| Beg. Balance | $1,457,310 |
| Earnings | $214,016 |
| Admin Expense | $9,304 |
| Ending Balance | $1,662,022 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advocates For World Health Inc Largo, FL | $1,849,097 | $14,932,639 |
Kids Alive International Inc Alpharetta, GA | $13,632,036 | $14,142,637 |
Compassion Heritage Foundation Inc Jacksonville, FL | $2,359,960 | $11,606,072 |
African Mission Healthcare Foundation DeLand, FL | $29,885,359 | $23,989,461 |
Amigos For Christ Buford, GA | $4,217,846 | $8,607,219 |
Insulin For Life Usa Inc Gainesville, FL | $7,217,189 | $8,108,896 |
Watoto Child Care Ministry Inc Tampa, FL | $4,552,352 | $8,144,856 |
Favor International Inc Bradenton, FL | $3,030,494 | $5,819,335 |
The Yonkofa Project Inc Peachtree City, GA | $245,141 | $5,183,771 |
Comfort Aid International Lake Mary, FL | $6,410,038 | $6,736,637 |
Bravo Family Foundation Miami Beach, FL | $45,795,409 | $2,825,703 |
Doulos Partners Birmingham, AL | $182,413 | $4,426,226 |