Permian Basin Honor Flight Inc
- Assets
- $450.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Odessa, TX
- Founding
- 11/2015
- Data as of
- 12/2021
- EIN
- 47-2215544
Organization Overview
Permian Basin Honor Flight Inc is located in Odessa, TX. The organization was established in 2015. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Permian Basin 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 12/2021, Permian Basin Honor Flight Inc generated $164.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.0%) each year. All expenses for the organization totaled $89.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.5%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
PERMIAN BASIN HONOR FLIGHT IS COMMITED TO SENDING WWII, KOREAN AND VIETNAM VETERANS TO THE WAR MEMORIALS IN WASHINGTON TO HONOR THEIR COMRADS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cassie Gerety President | 5 | $0 | |
Wesley Smith Board Meber | 5 | $0 | |
Kathy Swindler Secretary | 5 | $0 | |
Teresa Galloway Flight Chairman | 5 | $0 | |
Clay Prickett Treasurer | 5 | $0 | |
Mark Webb Board Of Dir. | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $151,185 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $116 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,424 |
| Other Revenue | $0 |
| Total Revenue | $164,725 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $46,967 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $760 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $978 |
| Other expenses | $40,622 |
| Total expenses | $89,327 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $450,693 |
| Other assets | $0 |
| Total assets | $450,693 |
| Total liabilities | $0 |
| Net assets or fund balances | $450,693 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Permian Basin Honor Flight Inc has recieved totaling $100,071.
| Awarding Organization | Amount |
|---|---|
Dora Roberts Foundation Chicago, IL PURPOSE: GENERAL | $100,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $71 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Corn Heritage Village Of Corn Inc Corn, OK | $5,772,212 | $6,524,606 |
The Glass-Glen Burnie Foundation San Antonio, TX | $57,955,575 | $7,795,930 |
Logan County Historical Society Inc Guthrie, OK | $4,494,727 | $3,890,411 |
Glenwood Cemetery Historic Preservation Foundation Houston, TX | $14,327,561 | $1,485,128 |
Restland Memorial Park Assn Houston, TX | $24,470,404 | $2,045,999 |
Fort Worth South Inc Fort Worth, TX | $860,900 | $1,913,143 |
Air Legends Foundation San Antonio, TX | $20,115,931 | $3,195,000 |
Deep Ellum Foundation Dallas, TX | $1,616,864 | $1,817,112 |
Amistad Research Center New Orleans, LA | $6,399,873 | $1,567,988 |
Society Of Martha Washington Laredo, TX | $723,643 | $1,002,745 |
Cornerstones Community Partnerships Santa Fe, NM | $842,708 | $898,386 |
Louisiana Naval War Memorial Commission Baton Rouge, LA | $2,059,836 | $846,137 |