Overview
What is Vermont Flight Academy Inc?
Vermont Flight Academy Inc, located at 355 Valley Road, South Burlington, VT 05403, is a nonprofit organization dedicated to fostering general aviation. With a mission to offer high-quality flight training at an affordable price, the academy welcomed 339 new students in the 2020/21 period, enrolling in individual flight instruction, discovery flight lessons, and ground training. The academy continues its collaboration with Vermont Technical College for the eighth consecutive year, providing opportunities for students to obtain their private, instrument, and commercial licenses/endorsements. In total, 39 students were enrolled through the Vermont Tech program during this period. Vermont Flight Academy manages a fleet of 13 aircraft and simulators, with 10 being directly owned by the academy and the remaining three being leased under a contractual agreement. The organization employs a team of 53 individuals.
Official website here: www.flyvfa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars
Vermont Flight Academy Inc has received a "Needs Improvement" rating from Charity Navigator, with a score of 73%. The organization demonstrates strengths in governance, featuring a fully independent board and no reported diversion of assets. Additionally, the high program expense ratio indicates a strong commitment to its mission-related activities.
However, the organization faces criticism for several governance shortcomings. It lacks a whistleblower policy and a document retention policy, which are essential for operational transparency and accountability. Furthermore, the absence of the tax form on its website is a significant miss that may affect stakeholder confidence.
While the organization performs well in financial management and board independence, addressing the noted governance issues would enhance its overall rating and public trust. Continuous improvement in these areas is necessary for Vermont Flight Academy Inc to strengthen its standing as a reputable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Vermont Flight Academy Inc?
98% of 14 reviewers on Facebook recommend Vermont Flight Academy Inc. Here is a summary of their reviews:
The overall sentiment towards Vermont Flight Academy is extremely positive. Many users highlight the exceptional quality of the staff, praising their commitment to student success and the personalized attention they receive throughout their flight training. The instructors are frequently described as being top-notch, providing comprehensive support that enhances the learning experience.
Additionally, reviewers express satisfaction with the academy's fleet of aircraft, noting that despite a variety of ages, the planes are well-maintained and in excellent condition. This reinforces confidence in both safety and training quality. Prospective students feel enthusiastic about their choice to train at Vermont Flight Academy, often recommending it for both novices and those seeking to refine their skills.
This AI summary has been generated from reviews found on Facebook.
Is Vermont Flight Academy Inc legitimate?
Vermont Flight Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Flight Academy 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $744,515
For more financial information, click here
Official website here: www.flyvfa.org
What is the mission statement of Vermont Flight Academy Inc?
Vermont Flight Academy Inc was established with a mission to foster general aviation by providing high-quality flight training at an affordable cost. The academy attracts numerous individuals, signing up for individual flight instruction, discovery flight lessons, and ground training annually. In its ongoing collaboration with Vermont Technical College, students work towards earning their private, instrumental, and commercial licenses or endorsements. Vermont Flight Academy operates a fleet of 13 aircraft and simulators, some of which are leased for business purposes under a leaseback arrangement.
Official website here: www.flyvfa.org
Who is the CEO of Vermont Flight Academy Inc?
Thomas D'Urso is the Executive Di of Vermont Flight Academy Inc.
Official website here: www.flyvfa.org
What is the revenue of Vermont Flight Academy Inc?
Vermont Flight Academy Inc's revenue in 2022 was $2,174,599.
Official website here: www.flyvfa.org
Who are the executives of Vermont Flight Academy Inc and what are their salaries?
The average compensation at Vermont Flight Academy Inc during 2022 was $15,934. There are 53 employees at Vermont Flight Academy Inc.
Here are 9 key members and their salaries:
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Official website here: www.flyvfa.org
Where can I find the form 990 for Vermont Flight Academy Inc?
Vermont Flight Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.flyvfa.org
Learn more at the official website: www.flyvfa.org
Mission Statement of Vermont Flight Academy Inc
Vermont Flight Academy Inc was established with the mission to foster general aviation through an effective program of high-quality flight training at a reasonable cost. This nonprofit organization aims to promote aviation by providing individuals with the necessary skills and certifications, such as obtaining their private, instrument, and commercial licenses/endorsements. To achieve this, Vermont Flight Academy Inc offers a variety of training options, including individual flight instruction, discovery flight lessons, and ground training.
The academy maintains a fleet of 13 aircraft and simulators, with ten of them directly owned by the organization. The remaining three are operated under a leaseback arrangement for business purposes. Additionally, Vermont Flight Academy Inc has a long-standing partnership with Vermont Technical College, which allows students to enroll in the program and earn their certifications. This collaboration has been ongoing for eight consecutive years, demonstrating the academy's commitment to providing quality education and training in the field of aviation.
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Impact
October, 2024
Vermont Flight Academy Inc has significantly impacted the field of aviation education in the region. In 2020/21, the academy welcomed 339 new students who engaged in various flight training activities, including individual instruction, discovery flights, and ground training. This influx of students demonstrates the academy's successful outreach and ability to attract individuals interested in pursuing aviation.
The partnership with Vermont Technical College, now in its eighth year, further enhances the impact of VFA by providing students with structured pathways to acquire essential licenses and endorsements, including private, instrument, and commercial certifications. With 39 students enrolled in the Vermont Tech program this year, the academy plays a crucial role in nurturing the next generation of pilots.
Additionally, VFA operates a diverse fleet of 13 aircraft and simulators, with 10 owned directly by the academy. This operational capacity allows for comprehensive training experiences, giving students hands-on access to various flight environments and equipment, essential for their development.
Overall, Vermont Flight Academy Inc not only fosters a passion for aviation but also contributes to the local economy by providing valuable education and training, ensuring that the future of general aviation remains robust and accessible at a competitive cost.
This information is meant to be a general summary of Vermont Flight Academy 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: $1,397
- Program Service Revenue: $1,997,463
- Gross Receipts: $2,174,599
Assets and Liabilities:
- Total Assets: $2,185,756
- Total Liabilities: $422,303
- Net Assets: $1,763,453
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FLIGHT INSTRUCTION INCOME
Revenue
$1,997,463
Organization Details
Founding Year
2010
Phone
(802) 863-5988Principal Officer
Thomas D'Urso
Main Address
355 VALLEY ROAD, SOUTH BURLINGTON, VT, 05403
Website
www.flyvfa.orgNTEE Category
Code: B99 - Education
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