HONOR FLIGHT INC

Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$6,042,329
Cash & Equivalents
79%
Other Assets
20%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$74,352
Deferred Revenue
90%
Payables & Accruals
10%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,373,640
$4,785,423
+42%
Receivables (Non-Related)
$0
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,560
$23,597
+563%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$1,338,089
$1,233,309
-8%
Total Assets
$4,715,289
$6,042,329
+28%
Liabilities
2023
2024
Change
Payables & Accruals
$13,396
$7,333
-45%
Grants Payable
-
-
-
Deferred Revenue
$38,042
$67,019
+76%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$51,438
$74,352
+45%
Net assets
2023
2024
Change
Restricted Net Assets
$1,338,088
$1,333,309
0%
Unrestricted Net Assets
$3,325,763
$4,634,668
+39%
Net assets
2023
2024
Change
Net assets
+$4,663,851
+$5,967,977
+28%
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