Bravo369 Flight Foundation
- Assets
- $38.9k
- Revenue
- $50.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Ferndale, WA
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 26-2207652
Organization Overview
Bravo369 Flight Foundation is located in Ferndale, WA. The organization was established in 2009. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bravo369 Flight Foundation 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, Bravo369 Flight Foundation generated $50.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $11.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (25.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION DEDICATED TO EDUCATION AVIATION HISTORY AND PRESERVATION OF HISTORIC AIRCRAFT THE MAIN OBJECTIVE IS TO OFFER UNIQUE EDUCATIONAL OPPORTUNITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Geer Chairman | 10 | $0 | |
Matt Booty Director | 2 | $0 | |
August Schaefer Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,245 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,245 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,356 |
| Total operating and administrative expenses | $11,356 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $11,356 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,889 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $38,889 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bravo369 Flight Foundation has awarded $3,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF ARIZONA - SCHOLORSHIP PURPOSE: SCHOLORSHIP AWARDED | $1,000 |
Seattle, WA PURPOSE: FURTHERANCE OF NON-PROFIT PURPOSE | $1,000 |
UNIVERSITY OF WASHINGTON - SCHOLARS PURPOSE: SCHOLORSHIP AWARDED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goosefoot Community Fund A Not For Profit Corporation Langley, WA | $15,049,797 | $1,759,976 |
Gary E Milgard Family Foundation-Sunshine Tacoma, WA | $39,754,398 | $1,591,645 |
Living Computer Museum Seattle, WA | $173,675 | $23 |
Oregon Washington Health Network Pendleton, OR | $1,858,367 | $1,332,897 |
Daves Killer Bread Foundation Milwaukie, OR | $69,125 | $259,670 |
Foundation So Rogue River, OR | $2,133,625 | $1,199,629 |
Angela J Bowen Conservancy Foundation Olympia, WA | $45,832,663 | $49,138,134 |
Young Family Foundation Brush Prairie, WA | $0 | $12,804 |
Friends Of Astoria Column Inc Astoria, OR | $2,767,399 | $634,329 |
Beeks Family Legacy Foundation Seattle, WA | $2,343,924 | $104,974 |
Peter R Marsh Foundation Camas, WA | $6,890,319 | $2,479,002 |
David And Minnie Meyerson Monroe, WA | $1,249,533 | -$4,101 |