Flight Foundation
- Assets
- $88.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Unicoi, TN
- Founding
- 03/1999
- Data as of
- 06/2022
- EIN
- 31-1619111
Organization Overview
Flight Foundation is located in Unicoi, TN. The organization was established in 1999. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 06/2022, Flight Foundation generated $175.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $173.6k during the year ending 06/2022. While expenses have increased by 5.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
21 SOLOS, 6 PRIVATE PILOTS, AND 698 STUDENTS FLOWN OF ORIENTATION FLIGHTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herbert W Powley President | 35 | $0 | |
Fain H Bennett Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,070 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $102 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $175,172 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $172,471 |
| Total expenses | $173,621 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,854 |
| Other assets | $0 |
| Total assets | $88,854 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,854 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Flight Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Ray Foundation Inc Naples, FL PURPOSE: FLIGHT SCHOLARSHIP FUNDING | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chattanooga C A R E S Inc Chattanooga, TN | $10,951,449 | $26,744,749 |
Ums-Wright Corporation Mobile, AL | $47,143,779 | $23,485,444 |
Maryhurst Inc Louisville, KY | $15,797,492 | $20,397,392 |
Nc United Methodist Camp & Retreat Ministries Inc Garner, NC | $10,710,131 | $6,862,775 |
Boys & Girls Club Of Lanier Inc Gainesville, GA | $11,561,419 | $9,878,152 |
Bridges Usa Inc Memphis, TN | $7,961,140 | $3,313,515 |
Kidz Of Joy Learning Foundation Hazelwood, MO | $4,719,790 | $7,439,729 |
Progressive Agriculture Foundation Birmingham, AL | $1,602,954 | $2,339,463 |
Bingham Child Guidance Clinic Inc Louisville, KY | $1,140,180 | $564,382 |
Concerned Citizens For Our Youth Inc Jasper, AL | $2,606,099 | $944,991 |
Children 1st Community Development Services Atlanta, GA | $152,854 | $873,207 |
Jhett Micheal Scholars Foundation Inc Atlanta, GA | $37,855 | $825,305 |