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American Bonanza Society Air Safety Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232117806 ✦ Wichita, KS ✦ Designated as a 501(c)(3)

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Overview

What is American Bonanza Society Air Safety Foundation Inc?

American Bonanza Society Air Safety Foundation Inc is a nonprofit organization situated in Wichita, Kansas, specifically at 3595 N WEBB ROAD SUITE 200. Their primary focus is promoting aviation safety and enhancing the flying experience. They achieve this by conducting service clinics, offering instruction on proper aircraft maintenance techniques, and sharing educational resources and safety information among the owners and operators of Bonanzas, Barons, Debonairs, and Travel Airs worldwide. The foundation's mission is to foster aviation safety and enjoyment through knowledge exchange and collaboration among its global community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Stars

The American Bonanza Society Air Safety Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and financial health. The score of 80% is primarily derived from their accountability and finance metrics, indicating that the organization demonstrates solid governance practices and transparency in its financial dealings.

Strengths of the organization include a fully independent board with nine members, which supports effective oversight and decision-making. The foundation has also shown no material diversion of assets and adheres to a conflict of interest policy, ensuring ethical management. Additionally, a high program expense ratio of 90.04% confirms that a significant portion of their resources is directed toward their programs rather than administrative costs.

While the charity shows considerable strengths in governance and financial management, the Three-Star rating suggests there may be room for improvement in areas not detailed in the provided metrics. Potential donors should consider these factors when evaluating their contributions to the organization.


This AI summary has been generated from information found on Charity Navigator.

Is American Bonanza Society Air Safety Foundation Inc legitimate?

American Bonanza Society Air Safety Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Bonanza Society Air 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of American Bonanza Society Air Safety Foundation Inc?

The American Bonanza Society Air Safety Foundation Inc is committed to enhancing aviation safety and fostering flying enjoyment among the global community of Bonanza, Baron, Debonair, and Travel Air owners and operators. They achieve this goal through educational initiatives and the sharing of information, promoting the proper maintenance techniques for aircraft and providing safety and aircraft equipment education programs.

Who is the CEO of American Bonanza Society Air Safety Foundation Inc?

Thomas Turner is the Executive Di of American Bonanza Society Air Safety Foundation Inc.

What is the revenue of American Bonanza Society Air Safety Foundation Inc?

American Bonanza Society Air Safety Foundation Inc's revenue in 2022 was $488,414.

Who are the executives of American Bonanza Society Air Safety Foundation Inc and what are their salaries?

There 9 volunteers at American Bonanza Society Air Safety Foundation Inc.


Here are 10 key members and their salaries:


Thomas Turner (Executive Di)
  • Compensation: $0
  • Related: $172,312
  • Other: $21,386
Bill Cannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Delgado (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Hammers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Williams Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chester Jurskis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
C K Lee (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Van Lent (Direrctor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Madigan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Schmidt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Bonanza Society Air Safety Foundation Inc?

American Bonanza Society Air Safety Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Bonanza Society Air Safety Foundation Inc

The American Bonanza Society Air Safety Foundation Inc plays a significant role in promoting aviation safety and enhancing flying enjoyment among owners and operators of Bonanzas, Barons, Debonairs, and Travel Airs worldwide. To achieve this mission, the organization focuses on education and information sharing. By organizing service clinics and offering training on proper maintenance techniques for aircraft, the American Bonanza Society Air Safety Foundation Inc empowers its members with the necessary skills to ensure the safety of their aircraft. Furthermore, the nonprofit provides educational programs on safety and aircraft equipment, fostering a culture of vigilance and knowledge among its members. This proactive approach to aviation safety and enjoyment has positioned the American Bonanza Society Air Safety Foundation Inc as a valuable resource for Bonanza, Baron, Debonair, and Travel Air owners and operators worldwide.

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Impact




July, 2024

American Bonanza Society Air Safety Foundation Inc's impact is evident in its promotion of aviation safety and flying enjoyment through education and information sharing among owners and operators of Bonanzas, Barons, Debonairs, and Travel Airs worldwide. By conducting service clinics and providing instruction on proper maintenance techniques for aircraft, as well as offering education programs on safety and aircraft equipment, the organization plays a crucial role in enhancing public safety within the aviation community. Through their efforts in disseminating important knowledge and fostering a culture of safety, they contribute significantly to the overall well-being of individuals involved in aviation activities.




This information is meant to be a general summary of American Bonanza Society Air 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.

Revenue
$488,414 (2022)
Expenses
$585,646 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $91,205
  • Program Service Revenue: $187,652
  • Gross Receipts: $491,309

Assets and Liabilities:

  • Total Assets: $3,897,267
  • Total Liabilities: $133,512
  • Net Assets: $3,763,755

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PILOT PROFICIENCY PROGRAM

Revenue

$114,250

SERVICE CLINICS

Revenue

$73,402

Organization Details

Founding Year

1967

Principal Officer

Thomas Turner

Main Address

3595 N WEBB ROAD SUITE 200, WICHITA, KS, 67226

NTEE Category

Code: M40 - Public safety

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