Overview
What is Flight Safety Foundation Inc?
Flight Safety Foundation Inc, headquartered in Alexandria, Virginia, serves as a prominent nonprofit organization dedicated to promoting and facilitating global aviation safety assessments, standards, and practices. With a team of 15 employees, they organize events worldwide to gather aviation professionals responsible for safety in design, manufacturing, development, training, maintenance, and operations. In 2022, they hosted four seminars in Savannah, Georgia, Brussels, Belgium, Washington D.C., and Atlanta, Georgia. Flight Safety Foundation Inc aims to be the leading independent and impartial voice of safety for the global aerospace/aviation community, working towards developing global solutions to key aviation safety challenges.
Official website here: www.flightsafety.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)
Flight Safety Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and finance management. The organization scores 92% overall, with its rating based solely on its accountability and finance metrics. This strong rating indicates that the foundation effectively manages its resources and adheres to best practices in financial oversight.
The organization exhibits a robust governance structure, with 96% of its board members being independent, ensuring unbiased decision-making. Additionally, it scores full marks in several critical areas, including its financial statements audit, the absence of material diversion of assets, and the implementation of policies such as conflict of interest and whistleblower protections. These attributes contribute positively to the foundation's reputation for transparency and ethical governance.
While the financial health of the organization appears strong, with a program expense ratio of 74.27%, there are no noted limitations or concerns in the data provided. Overall, Flight Safety Foundation Inc demonstrates a commitment to accountability and effective resource management, making it a trustworthy organization for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Flight Safety Foundation Inc legitimate?
Flight Safety Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flight Safety Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $368,151
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,328,874
For more financial information, click here
Official website here: www.flightsafety.org
What is the mission statement of Flight Safety Foundation Inc?
Flight Safety Foundation Inc aims to serve as the leading independent and impartial voice of safety within the global aerospace and aviation community. Their mission involves promoting and facilitating the global application of advanced aviation safety assessments, standards, and practices. Additionally, the organization strives to develop global solutions to critical aviation safety challenges. Flight Safety Foundation Inc accomplishes these goals through seminars and events, which bring together aviation professionals responsible for safety in design, manufacturing, development, training, maintenance, and operations. At these gatherings, leading aviation specialists exchange information and offer guidance for further risk reduction.
Official website here: www.flightsafety.org
Who is the CEO of Flight Safety Foundation Inc?
Dr Hassan Shahidi is the President/Ceo of Flight Safety Foundation Inc. The CEO's salary of Flight Safety Foundation Inc is $337,554 and their total compensation is $395,151.
Official website here: www.flightsafety.org
What is the revenue of Flight Safety Foundation Inc?
Flight Safety Foundation Inc's revenue in 2022 was $3,730,138.
Official website here: www.flightsafety.org
Who are the executives of Flight Safety Foundation Inc and what are their salaries?
The average compensation at Flight Safety Foundation Inc during 2022 was $113,135. There are 15 employees and 28 volunteers at Flight Safety Foundation Inc.
Here are 33 key members and their salaries (Flight Safety Foundation Inc's CEO's salary is $337,554 and their total compensation is $395,151):
- Compensation: $337,554
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- Other: $57,597
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- Compensation: $179,560
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- Other: $45,286
- Compensation: $167,075
- Related: $0
- Other: $41,976
- Compensation: $108,660
- Related: $0
- Other: $22,980
- Compensation: $105,704
- Related: $0
- Other: $0
Official website here: www.flightsafety.org
Where can I find the form 990 for Flight Safety Foundation Inc?
Flight Safety Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.flightsafety.org
Learn more at the official website: www.flightsafety.org
Mission Statement of Flight Safety Foundation Inc
Flight Safety Foundation Inc, a renowned and impartial organization within the global aerospace/aviation community, is dedicated to promoting and facilitating the worldwide implementation of leading aviation safety assessments, standards, and practices. Their mission is twofold: firstly, they aim to develop global solutions to significant aviation safety challenges. Secondly, they strive to promote and facilitate the global application of these essential safety assessments, standards, and practices.
To achieve these objectives, Flight Safety Foundation Inc organizes seminars that bring together aviation professionals. These events, held in various locations such as Savannah, Georgia, Brussels, Belgium, and Atlanta, Georgia, are specifically designed for individuals with responsibility in safety-related fields, including design, manufacturing, development, training, maintenance, and operations. At these gatherings, leading aviation specialists exchange information and provide guidance for further risk reduction, contributing to the enhancement of aviation safety globally.
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Impact
October, 2024
Flight Safety Foundation Inc serves as a crucial, independent voice for safety within the global aerospace and aviation community. By organizing seminars and events, such as those held in Savannah, Brussels, Washington D.C., and Atlanta in 2022, the foundation creates opportunities for aviation professionals to gather, share knowledge, and cultivate best practices.
These events focus on the responsibilities tied to safety in various domains, including design, manufacturing, training, maintenance, and operations. Through discussions led by leading specialists, participants are able to exchange crucial information and gain insights that drive further risk reduction within the industry. The foundation's commitment to promoting and facilitating the adoption of leading safety assessments, standards, and practices directly contributes to enhanced aviation safety worldwide. Furthermore, its efforts in developing global solutions to key safety challenges position it as a pivotal force in addressing and mitigating risks in aviation.
This information is meant to be a general summary of Flight Safety Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $29,887
- Program Service Revenue: $3,362,525
- Gross Receipts: $3,730,138
Assets and Liabilities:
- Total Assets: $2,950,532
- Total Liabilities: $1,128,122
- Net Assets: $1,822,410
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES
Revenue
$1,446,286
COMMERCIAL CONTRACTS
Revenue
$1,327,152
SEMINAR FEES
Revenue
$589,087
Organization Details
Founding Year
1945
Phone
(703) 739-6700Principal Officer
Dr Hassan Shahidi
Main Address
1920 BALLENGER AVE 4TH FLOOR, ALEXANDRIA, VA, 22314
Website
www.flightsafety.orgNTEE Category
Code: M40Z - Public safety
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