Overview
What is Freedom Flight Inc?
Freedom Flight Inc, based in Southlake, Texas at 401 N Carroll Ave STE 197, is a nonprofit organization with a mission to inspire and educate the next generation of pilots. They offer unique learning opportunities to achieve this goal. The organization completed an introductory program for pilot training in 2021, demonstrating their commitment to this mission. Although specific details about the scope of their reach or additional programs are not provided in the information, it is clear that Freedom Flight Inc focuses on nurturing and preparing aspiring pilots.
Official website here: www.freedomflight.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Freedom Flight Inc received a rating of 76%, which translates to a Three-Star designation, indicating a generally positive assessment of its accountability and financial management. This score is derived solely from the Accountability & Finance beacon, reflecting the organization's commitment to transparency and responsible governance.
The organization boasts a fully independent board, with 100% of its members being independent, and has scored highly in areas such as the absence of material diversions of assets and a favorable liabilities to assets ratio of 29.13%. Additionally, Freedom Flight Inc has maintained a strong program expense ratio of 73.68%, suggesting that a significant portion of its resources is directed towards its mission.
However, there are notable limitations in the organization's governance practices, as it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These gaps indicate areas where Freedom Flight Inc could improve its operational protocols to enhance overall accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Freedom Flight Inc legitimate?
Freedom Flight Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freedom Flight 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.freedomflight.com
What is the mission statement of Freedom Flight Inc?
Freedom Flight Inc's mission is centered around inspiring and educating the next generation of pilots. They achieve this goal by providing unique learning opportunities. The organization's primary objective is to prepare future pilots, ensuring a continuous flow of skilled aviators. Currently, they have completed an introductory program for pilot training in 2021.
Official website here: www.freedomflight.com
What is the revenue of Freedom Flight Inc?
Freedom Flight Inc's revenue in 2023 was $5,124.
Official website here: www.freedomflight.com
Who are the executives of Freedom Flight Inc and what are their salaries?
There 5 volunteers at Freedom Flight Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.freedomflight.com
Where can I find the form 990 for Freedom Flight Inc?
Freedom Flight Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.freedomflight.com
Learn more at the official website: www.freedomflight.com
Mission Statement of Freedom Flight Inc
Freedom Flight Inc, as stated in its mission, aims to inspire and educate the upcoming generation of pilots. They achieve this goal through unique learning opportunities. The organization's main objective is to equip the future aviators with the necessary skills and knowledge. By providing an introductory program for pilot training in 2021, Freedom Flight Inc is actively contributing to this mission. The nonprofit's efforts are geared towards nurturing the talent of aspiring pilots, ensuring a robust pipeline for the aviation industry.
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Impact
October, 2024
Freedom Flight Inc has a profound impact by inspiring and educating the next generation of pilots through innovative learning opportunities. By offering introductory pilot training programs, the organization ignites interest in aviation among youth, allowing them to explore potential career paths in a field that often remains inaccessible without early exposure. Based in Southlake, TX, Freedom Flight Inc creates unique experiences that not only equip young individuals with foundational aviation knowledge but also foster a sense of community and mentorship within aspiring aviators. Their mission to engage and empower the future of flight contributes significantly to the broader landscape of human services, nurturing a skilled and passionate future workforce in aviation.
This information is meant to be a general summary of Freedom Flight 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 2023.
- Gross Receipts: $5,124
Assets and Liabilities:
- Total Assets: $328,222
- Total Liabilities: $95,632
- Net Assets: $232,590
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Organization Details
Founding Year
2002
Principal Officer
David Tatum
Website
www.freedomflight.comNTEE Category
Code: P80 - Human services
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