Flight Safety Foundation Inc is located in Alexandria, VA. The organization was established in 1949. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2021, Flight Safety Foundation Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flight Safety Foundation 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, Flight Safety Foundation Inc generated $3.2m 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 (6.3%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 7 years. 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
BE THE LEADING INDEPENDENT AND IMPARTIAL VOICE OF SAFETY FOR THE GLOBAL AEROSPACE/AVIATION COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNICAL, RESEARCH, LIBRARY, AND OTHER: FSF'S TECHNICAL DEPARTMENT ENGAGES WITH INTERNATIONAL ORGANIZATIONS AND WORK GROUPS AND FOCUSES ITS EFFORTS ON SAFETY-RELATED RESEARCH VIA FUNDED PROGRAMS. THIS ALSO INCLUDES THE AUSTRALIA SUBSIDIARY WHICH PROVIDES AVIATION SAFETY TRAINING. SOME OF THE FUNDED PROGRAMS ARE DETAILED IN THE NEXT FEW BULLET POINTS:- SKYBRARY: FSF PROVIDES CONTENT REVIEW AND EDITORIAL SUPPORT THAT DIRECTLY BENEFITS EUROCONTROL.- THE REGIONAL SAFETY STUDY, THE FOCUS IS ON SAFETY ASSESSMENTS IN 4 REGIONS: LATIN AMERICA, AFRICA, MIDDLE EAST, AND ASIA. - EMERGENCY RESPONSE AND HUMANITARIAN DRONE APPLICATIONS, THE DISASTER MANAGEMENT AND FIRST RESPONDER WORK EXAMINES HOW THE IN-TIME AVIATION SAFETY MANAGEMENT SYSTEM (IASMS) AND ITS ENVISIONED SUITE OF SERVICES, FUNCTIONS, AND CAPABILITIES (SFCS) WOULD FUNCTION TO ENSURE AVIATION SAFETY IN FUTURE EMERGENCY RESPONSE OPERATIONS USING BOTH LEGACY AND UNCREWED AIR VEHICLES. FSF DEVELOPED SEVERAL DISASTER SCENARIOS AND WORKED WITH AVIATION INDUSTRY STAKEHOLDERS TO VALIDATE THE SCENARIOS AND ANALYZE HOW THE IASMS SFCS WOULD SUPPORT AVIATION SAFETY FOR THESE FUTURE USE CASES.- ADVANCED AVIATION SAFETY MANAGEMENT SYSTEM, THIS WORK FOCUSES ON IDENTIFYING STATE-OF-THE-ART TECHNIQUES AND CAPABILITIES FOR ENHANCING AVIATION SAFETY WORLD-WIDE. THIS WORK 1) IDENTIFIES THE CRITICAL RESEARCH AND SUPPORTING ACTIVITIES NEEDED TO ENABLE FUTURE INNOVATIONS IN AVIATION SAFETY; 2) PROVIDES A METHODOLOGY TO USE RELEVANT DATA FROM NOMINAL OPERATIONS TO INFORM SAFETY MANAGEMENT SYSTEMS AND IMPROVE RESILIENCE; AND 3) EXAMINES AIRLINE POST-PANDEMIC RESPONSES AND DEVELOPS RECOMMENDATIONS TO MINIMIZE AVIATION SAFETY IMPACTSOF FUTURE GLOBAL DISRUPTIVE EVENTS.- CONFLICT ZONE STUDY, THE MOST COMPREHENSIVE DATABASE AND ANALYSIS OF CONFLICT ZONE INCIDENTS AND AIRSPACE MANAGEMENT PRACTICES. THE FOCUS IS ON THE CIRCUMSTANCES AROUND AIRCRAFT MH17 WITHIN THE BROADER REGIONAL AND GLOBAL CONTEXT- ASIA PACIFIC SAFETY DATA SHARING DEMONSTRATION PROJECT, FSF, IN COLLABORATION WITH MITRE AND SEVERAL PARTICIPATING CIVIL AVIATION AUTHORITIES IN ASIA PACIFIC, IDENTIFIED SAFETY HAZARDS AND RISKS IN AIR SAFETY AND PROVIDED LISTS OF POTENTIAL MITIGATION APPROACHES.
COMMUNICATIONS: THE FSF COMMUNICATIONS DEPARTMENT DISSEMINATES INFORMATION ABOUT AVIATION SAFETY, INCLUDING THE SAFETY INITIATIVES DEVELOPED BY THE FOUNDATION AT ITS MAIN OFFICE IN ALEXANDRIA, VIRGINIA, AND A REGIONAL OFFICE IN MELBOURNE, AUSTRALIA. THE DEPARTMENT PRODUCES AEROSAFETY WORLD, THE FOUNDATION'S ONLINE MAGAZINE, AND IS RESPONSIBLE FOR OTHER ELEMENTS OF THE FOUNDATION'S WEBSITE, SPECIAL REPORTS, NEWS RELEASES, AND SOCIAL MEDIA.
MEMBERSHIP SERVICES: FLIGHT SAFETY FOUNDATION IS THE LEADING VOICE OF SAFETY FOR THE GLOBAL AVIATION COMMUNITY. WE ACCOMPLISH THIS BY DEVELOPING GLOBAL SOLUTIONS TO KEY AVIATION SAFETY CHALLENGES, BEING THE CONSTANT AND FORCEFUL "JUST CULTURE" ADVOCATE FOR ALL GLOBAL AVIATION COMMUNITY MEMBERS AND PROVIDING OPPORTUNITIES FOR THE MEMBERS OF THE GLOBAL COMMUNITY TO COME TOGETHER, INTERACT AND LEARN FROM EACH OTHER. THESE EFFORTS ARE CARRIED OUT THROUGH SEVERAL SIGNATURE PROGRAMS INCLUDING OUR BASIC AVIATION RISK STANDARD (BARS) PROGRAM, OUR PREMIER MEMBERS-ONLY DIGITAL MAGAZINE, AEROSAFETY WORLD, AND OUR AVIATION SAFETY EVENTS WHICH ARE HELD WORLDWIDE.
SEMINARS: FLIGHT SAFETY FOUNDATION HOSTED FOUR EVENTS IN 2021: SAFETY FORUM, SASS, BASS, AND IASS. EACH EVENT WAS HELD VIRTUALLY BECAUSE OF THE PANDEMIC. FSF'S EVENTS ARE GATHERINGS OF AVIATION PROFESSIONALS, DESIGNED FOR PEOPLE WITH RESPONSIBILITY FOR SAFETY IN DESIGN, MANUFACTURING, DEVELOPMENT, TRAINING, MAINTENANCE, AND OPERATIONS. LEADING AVIATION SPECIALISTS EXCHANGE INFORMATION AND OFFER DIRECTIONS FOR FURTHER RISK REDUCTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hassan Shahidi President/ceo | Officer | 40 | $353,688 |
Mark Millam VP Technical | 40 | $177,140 | |
Francis Jackman VP Communications | 40 | $153,349 | |
Louise Martin Director Of Membership | 40 | $123,716 | |
Conor Nolan Chairman | OfficerTrustee | 2 | $0 |
John Hamilton Past Chairman | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Kai Tai Fung International Co Ltd Iass Hotel | 12/30/19 | $225,177 |
Mitre Corporation Ap Share Work | 12/30/19 | $187,500 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $221,600 |
All other contributions, gifts, grants, and similar amounts not included above | $17,314 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $238,914 |
Total Program Service Revenue | $2,831,336 |
Investment income | $21,457 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $4,756 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $59,523 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,156,585 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $700 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $10,000 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $407,931 |
Compensation of current officers, directors, key employees. | $78,650 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,150,252 |
Pension plan accruals and contributions | $54,397 |
Other employee benefits | $125,905 |
Payroll taxes | $110,278 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,002 |
Fees for services: Accounting | $55,613 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5 |
Fees for services: Other | $371,883 |
Advertising and promotion | $5,603 |
Office expenses | $50,239 |
Information technology | $50,121 |
Royalties | $0 |
Occupancy | $57,045 |
Travel | $14,037 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $26,742 |
Interest | $60 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $28,901 |
Insurance | $31,037 |
All other expenses | $1,307 |
Total functional expenses | $2,578,484 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $903,573 |
Savings and temporary cash investments | $142,850 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $190,813 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $36,590 |
Net Land, buildings, and equipment | $5,180 |
Investments—publicly traded securities | $2,138,459 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $114,128 |
Total assets | $3,531,593 |
Accounts payable and accrued expenses | $336,024 |
Grants payable | $0 |
Deferred revenue | $877,470 |
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 | $298,628 |
Other liabilities | $0 |
Total liabilities | $1,512,122 |
Net assets without donor restrictions | $1,945,142 |
Net assets with donor restrictions | $74,329 |
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 | $3,531,593 |
Over the last fiscal year, we have identified 1 grants that Flight Safety Foundation Inc has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Beg. Balance | $32,500 |
Ending Balance | $32,500 |
Organization Name | Assets | Revenue |
---|---|---|
Recreational Boating And Fishing Foundation Alexandria, VA | $1,596,637 | $14,302,457 |
Aopa Foundation Frederick, MD | $41,979,653 | $10,384,598 |
Safety Equipment Institute Mclean, VA | $3,866,631 | $5,093,632 |
Chesapeake Region Safety Council Inc Windsor Mill, MD | $1,688,026 | $5,136,301 |
Americans For Carbon Dividends Inc Washington, DC | $5,055,754 | $2,851,324 |
Boat Us Foundation Annapolis, MD | $2,787,236 | $3,240,469 |
Flight Safety Foundation Inc Alexandria, VA | $3,531,593 | $3,156,585 |
National Center For Healthy Housing Inc Columbia, MD | $1,040,188 | $2,049,917 |
Danville Area Training Center Inc Danville, VA | $966,057 | $2,354,656 |
International Safety Equipment Association Arlington, VA | $3,445,033 | $2,156,842 |
Institute Of Makers Of Explosives Washington, DC | $1,377,958 | $1,262,584 |
Drive Smart Virginia Inc Richmond, VA | $858,048 | $938,768 |