Midwest Honor Flight - Ia & Sd is a 501(c)(3) organization based in Sioux Center, Iowa, registered in 2017, with $1,852,299 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$1.9M
▲ 17.2% vs prior year
Arts & Culture median: $159K
Expenses (FY2025)
$1.3M
Net assets
$2.1M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Midwest Honor Flight - Ia & Sd— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Midwest Honor Flight - Ia & Sd: 19 mo reserves · +30% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Midwest Honor Flight - Ia & Sd— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Midwest Honor Flight - Ia & Sd: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $177K (FY2017) to $1.9M (FY2025) across 9 reported years.
Financial snapshot
Operating margin
30.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$1,500
Net assets
$2.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $1,852,299▲17.2% | $1,292,419▼5.1% | $2,095,842▲37.0% | $2,097,342▲36.6% | 990 |
| 2024 | $1,580,218▲10.8% | $1,361,366▲56.9% | $1,529,630▲18.7% | $1,535,909▲19.2% | 990 |
| 2023 | $1,426,363▲78.5% | $867,452▼1.0% | $1,288,540▲76.6% | $1,288,540▲76.6% | 990 |
| 2022 | $799,145▼13.2% | $876,129▲155% | $729,629▼9.5% | $729,629▼9.5% | 990 |
| 2021 | $920,250▲409% | $343,756▲160% | $806,613▲251% | $806,613▲251% | 990 |
| 2020 | $180,775▼70.6% | $132,359▼72.9% | $230,119▲26.6% | $230,119▲26.6% | 990 |
| 2019 | $614,603▲65.8% | $488,744▲37.8% | $181,703▲225% | $181,703▲225% | 990 |
| 2018 | $370,599▲109% | $354,804▲159% | $55,844▲39.4% | $55,844▲39.4% | 990 |
| 2017 | $177,237 | $137,188 | $40,049 | $40,049 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
8 grants to Midwest Honor Flight - Ia & Sd totaling $142K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| South Dakota Community Foundation | Community welfare and betterment | 2024 | $87,500 |
| Paypal Charitable Giving Fund | General support | 2024 | $5,769 |
| Paypal Charitable Giving Fund | — | 2023 | $5,106 |
| Paypal Charitable Giving Fund | General support | 2021 | $6,133 |
| Paypal Charitable Giving Fund | — | 2019 | $7,716 |
| Paypal Charitable Giving Fund | General support | 2018 | $19,206 |
| South Dakota Community Foundation | Community welfare and betterment | 2018 | $5,500 |
| Sioux Falls Area Community Foundation Inc | For mission 2 | 2017 | $5,000 |
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Data for Midwest Honor Flight - Ia & Sd (EIN 82-0995083) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.