Overview
What is Texas Youth Flight Experience Foundation?
The Texas Youth Flight Experience Foundation is a nonprofit organization that generously funds the flight expenses and instructors for deserving young individuals, enabling them to pursue both introductory and advanced flight training. Scholarship recipients contribute to the foundation's work by performing various tasks, participating in what is known as work scholarships. Furthermore, the foundation has embarked on a construction project in San Antonio, Texas, building a hangar. This new facility will generate additional revenue through rental space, all of which will be channeled towards expanding flight scholarship opportunities. In essence, the Texas Youth Flight Experience Foundation empowers young people in aviation by providing them with the necessary resources and experiences.
Is Texas Youth Flight Experience Foundation legitimate?
Texas Youth Flight Experience Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Youth Flight Experience Foundation submitted a form 990EZ, 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.
What is the mission statement of Texas Youth Flight Experience Foundation?
The Texas Youth Flight Experience Foundation's mission is centered around providing financial aid for flight training to deserving youth. They offer scholarships that cover both initial and advanced training, with the scholarship recipients contributing through work scholarships. The foundation also aims to increase its revenue by constructing a hangar, which will be rented out for additional income. All proceeds generated from this venture will be allocated towards funding more flight scholarships.
Who is the CEO of Texas Youth Flight Experience Foundation?
James Romano is the Executive Director of Texas Youth Flight Experience Foundation.
What is the revenue of Texas Youth Flight Experience Foundation?
Texas Youth Flight Experience Foundation's revenue in 2022 was $171,250.
Who are the executives of Texas Youth Flight Experience Foundation and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Texas Youth Flight Experience Foundation?
Texas Youth Flight Experience Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Texas Youth Flight Experience Foundation
The Texas Youth Flight Experience Foundation is dedicated to empowering deserving youth by funding their flight training costs and instructors. This nonprofit organization offers flight scholarships for both initial and advanced training, encouraging young individuals to participate and contribute to the foundation's operations through work scholarships. Furthermore, the Texas Youth Flight Experience Foundation is currently constructing a hangar in San Antonio, Texas. The purpose of this facility is to generate additional revenue through space rental, which will be exclusively utilized for providing more flight scholarships to eligible youth.
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Impact
October, 2024
The Texas Youth Flight Experience Foundation significantly impacts youth by providing flight scholarships that cover both initial and advanced training costs. By funding flight costs and instructors, it opens the door for deserving youth to pursue aviation careers, thereby promoting their personal and professional development.
Scholarship recipients are engaged actively through work scholarships, allowing them to contribute to the foundation while gaining practical experience in the aviation field. This hands-on involvement not only enhances their skills but also instills a sense of responsibility and community engagement.
Additionally, the construction of a hangar in San Antonio represents a strategic investment that will generate increased revenue through space rental, ensuring the sustainability of flight scholarships moving forward. This dual approach of supporting youth development while creating a self-sustaining funding model amplifies the foundation's impact, cultivating a new generation of aviators. Overall, the foundation fosters opportunities, builds skills, and nurtures the aspirations of young individuals interested in aviation.
This information is meant to be a general summary of Texas Youth Flight Experience Foundation. 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.
- Gross Receipts: $171,250
Assets and Liabilities:
- Total Assets: $376,828
- Total Liabilities: $0
- Net Assets: $376,828
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Organization Details
Phone
(210) 601-4360Principal Officer
James Romano
Main Address
2203 Bears Notch, San antonio, TX, 78258
NTEE Category
Code: O50 - Youth development
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