First Flight Inc
- Assets
- $153.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sumter, SC
- Founding
- 06/1999
- Data as of
- 06/2023
- EIN
- 57-1078451
Organization Overview
First Flight Inc is located in Sumter, SC. The organization was established in 1999. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Flight 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 06/2023, First Flight Inc generated $70.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $71.4k during the year ending 06/2023. While expenses have increased by 0.2% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
OPERATE AND MAINTAIN TWO FOUR-BED RESIDENCES FOR MENTALLY AND/OR PHYSICALLY DISABLED PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Watkins Chairperson | 0.25 | $0 | |
Ad Allbritton Jr Member | 0.25 | $0 | |
Bessie Sanders-Gordon Member | 0.25 | $0 | |
John Hitchman Executive Dir. | 10 | $0 | |
Robin Hickman Finance Dir | 10 | $0 | |
Tamra Smith Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $52,096 |
| Membership dues | $0 |
| Investment income | $65 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $17,823 |
| Total Revenue | $69,984 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,964 |
| Professional fees and other payments to independent contractors | $5,692 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,784 |
| Total expenses | $71,440 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,918 |
| Other assets | $0 |
| Total assets | $153,267 |
| Total liabilities | $535,401 |
| Net assets or fund balances | -$382,134 |