Overview
What is Naval Aviation Museum Foundation Inc?
Naval Aviation Museum Foundation Inc, established in Pensacola, Florida, is a self-sustaining nonprofit organization with a mission to inspire young individuals to delve into scientific, technological, engineering, mathematical, and aviation fields. Through its activities, the foundation supports and promotes the National Naval Aviation Museum Experience, fostering an interest in naval aviation and aviation-inspired educational programs. With a team of 167 dedicated individuals, the foundation's goal is to engage and educate the public, striving to be the best in the field.
Official website here: www.navalaviationfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)
The Naval Aviation Museum Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting exceptional performance in accountability and finance. With an impressive score of 100% in this category, the organization demonstrates strong transparency, independence among its board members, and effective oversight of financial operations. Its fiscal responsibility is further emphasized by a program expense ratio of nearly 80%, indicating that a significant portion of its funds is directed toward its programs.
The foundation has made notable contributions through its STEM program, positively impacting approximately 1,300 beneficiaries during a recent evaluation period. The program's effectiveness is backed by cost-effectiveness benchmarks, showcasing the organization's commitment to delivering tangible results in education. The charity adheres to comprehensive governance practices, ensuring the integrity and reliability of its operations.
No user reviews from GreatNonprofits were found, which limits insights into the community's personal experiences with the foundation. Nonetheless, the high rating from Charity Navigator underscores the foundation's strengths in financial stewardship and program impact.
This AI summary has been generated from information found on Charity Navigator.
Is Naval Aviation Museum Foundation Inc legitimate?
Naval Aviation Museum Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Naval Aviation Museum 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: $498,220
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.navalaviationfoundation.org
What is the mission statement of Naval Aviation Museum Foundation Inc?
The Naval Aviation Museum Foundation Inc's mission is to strive to be the best in its field, operating as a self-sustaining entity. Its primary goal is to engage and educate the public, achieving this by supporting and promoting the National Naval Aviation Museum Experience, naval aviation, and aviation-inspired educational programs. This foundation utilizes naval aviation experiences and concepts to motivate young individuals to pursue studies in STEM (Science, Technology, Engineering, Mathematics) and aviation, ultimately aiming for careers in technical fields.
Official website here: www.navalaviationfoundation.org
Who is the CEO of Naval Aviation Museum Foundation Inc?
Rear Admiral Kyle Cozad is the Principal Officer of Naval Aviation Museum Foundation Inc. The CEO's salary of Naval Aviation Museum Foundation Inc is $236,806 and their total compensation is $236,806.
Official website here: www.navalaviationfoundation.org
What is the revenue of Naval Aviation Museum Foundation Inc?
Naval Aviation Museum Foundation Inc's revenue in 2022 was $9,704,993.
Official website here: www.navalaviationfoundation.org
Who are the executives of Naval Aviation Museum Foundation Inc and what are their salaries?
The average compensation at Naval Aviation Museum Foundation Inc during 2022 was $2,983. There are 167 employees at Naval Aviation Museum Foundation Inc.
Here are 14 key members and their salaries (Naval Aviation Museum Foundation Inc's CEO's salary is $236,806 and their total compensation is $236,806):
- Compensation: $236,806
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- Compensation: $176,040
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- Compensation: $85,374
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- Compensation: $142,854
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- Other: $0
Official website here: www.navalaviationfoundation.org
Where can I find the form 990 for Naval Aviation Museum Foundation Inc?
Naval Aviation Museum Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.navalaviationfoundation.org
Learn more at the official website: www.navalaviationfoundation.org
Mission Statement of Naval Aviation Museum Foundation Inc
Naval Aviation Museum Foundation Inc strives to be an exceptional organization, self-sustaining in its mission to engage and educate the public. This is achieved by supporting and promoting the National Naval Aviation Museum Experience and aviation-inspired educational programs. The foundation aims to be the best in its field, fostering an interest in naval aviation and encouraging young individuals to explore careers in scientific, technological, engineering, mathematical, and aviation fields.
To accomplish this, the foundation utilizes the experiences and concepts of naval aviation through the National Flight Academy. This program aims to motivate young people, inspiring them to pursue further studies in STEM subjects and aviation, ultimately leading to careers in technical fields. By engaging young minds and fostering a passion for aviation, Naval Aviation Museum Foundation Inc plays a significant role in shaping the next generation of innovators and leaders in the field.
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Impact
July, 2024
The Naval Aviation Museum Foundation Inc aims to be the best in the world in engaging and educating the public by supporting and promoting the National Naval Aviation Museum experience, naval aviation, and aviation-inspired educational programs. Through initiatives like the National Flight Academy, they utilize naval aviation experiences and concepts to inspire young people to pursue studies in science, technology, engineering, mathematics, and aviation, encouraging them to consider careers in technical fields. By doing so, the foundation is making a significant impact on education and the future workforce in these critical areas.
This information is meant to be a general summary of Naval Aviation Museum 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: $607,019
- Program Service Revenue: $2,348,486
- Gross Receipts: $26,394,913
Assets and Liabilities:
- Total Assets: $29,041,926
- Total Liabilities: $1,163,409
- Net Assets: $27,878,517
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FLIGHT ACADEMY
Revenue
$2,157,690
SIMULATORS AND THEATERS
Revenue
$190,796
Organization Details
Founding Year
1966
Phone
(850) 453-2389Principal Officer
Rear Admiral Kyle Cozad
Main Address
POST OFFICE BOX 33104, PENSACOLA, FL, 32508
NTEE Category
Code: A50 - Arts
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