Overview
What is Figure 1 Foundation?
The Figure 1 Foundation, situated in Woodland Hills, California, is a nonprofit organization that extends its support to aspiring aviators. Their primary mission is to sponsor aviation licensing and provide scholarships for individuals pursuing various aviation certifications, such as pilot's licenses, tail wheel pilot's licenses, FAA Spin endorsements, and aerobatic judge certification. The foundation's initiatives are geared towards empowering individuals in this field, thereby fostering growth and development within the aviation community.
Official website here: www.figure1foundation.com
Is Figure 1 Foundation legitimate?
Figure 1 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Figure 1 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.
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.figure1foundation.com
What is the mission statement of Figure 1 Foundation?
The Figure 1 Foundation's mission is centered around supporting individuals who aspire to pursue aviation careers. They achieve this by sponsoring scholarships for various aviation certifications, including pilot's licenses, tail wheel pilot's licenses, FAA Spin endorsements, and aerobatic judge certification. The foundation's primary activity is to empower these individuals by providing financial assistance for their aviation education.
Official website here: www.figure1foundation.com
Who is the CEO of Figure 1 Foundation?
Robert Olmsted is the CEO of Figure 1 Foundation The CEO's salary of Figure 1 Foundation is $0 and their total compensation is $0.
Official website here: www.figure1foundation.com
What is the revenue of Figure 1 Foundation?
Figure 1 Foundation's revenue in 2023 was $50,140.
Official website here: www.figure1foundation.com
Who are the executives of Figure 1 Foundation and what are their salaries?
Here are 2 key members and their salaries (Figure 1 Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.figure1foundation.com
Where can I find the form 990EZ for Figure 1 Foundation?
Figure 1 Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.figure1foundation.com
Learn more at the official website: www.figure1foundation.com
Mission Statement of Figure 1 Foundation
The Figure 1 Foundation is dedicated to supporting individuals pursuing aviation careers. This nonprofit organization offers scholarships to aid individuals in obtaining pilot's licenses, tail wheel pilot's licenses, FAA Spin endorsements, and aerobatic judge certification. By sponsoring these programs, the Figure 1 Foundation seeks to foster growth in the aviation industry and enable aspiring pilots to achieve their goals.
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Impact
October, 2024
Figure 1 Foundation has a significant impact in the aviation community by sponsoring aviation licensing and providing scholarships to individuals pursuing various pilot certifications. Through its initiatives, the foundation supports individuals in obtaining pilot's licenses, tail wheel pilot's licenses, FAA Spin endorsements, and aerobatic judge certification. By facilitating access to education and training in aviation, it empowers aspiring pilots and enhances the skills of those already in the field. This commitment to fostering aviation expertise not only contributes to individual career growth but also enriches the industry as a whole, promoting safety and excellence in aviation practices.
This information is meant to be a general summary of Figure 1 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 2023.
- Gross Receipts: $50,140
Assets and Liabilities:
- Total Assets: $175,363
- Total Liabilities: $30,333
- Net Assets: $145,030
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Organization Details
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