Overview
What is Flight Club 502?
Flight Club 502 is a nonprofit organization situated in Louisville, Kentucky, with a mission to inspire and educate children about aviation. They provide practical and flight training to both members and non-members, charging market prices, and offer financial assistance to youth who cannot afford the full cost. The organization promotes the empowerment of young people by integrating STEM (Science, Technology, Engineering, and Math) lessons with real-life applications and teaching values such as responsibility, entrepreneurship, creative thinking, and patriotism. Flight Club 502 also introduces aviation to younger students through summer camps and after-school programs, furthering their commitment to youth development. The organization employs a small team of two individuals.
Official website here: www.flightclub502.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, Two-Star out of Four Stars
Flight Club 502 has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The rating is based entirely on its Accountability & Finance score, which stands at 64%. This score reflects the integrity of the organization in terms of financial management and transparency practices.
The organization demonstrates several strengths, including a majority of independent board members (91%) and no material diversion of assets, both of which are positive indicators of governance. Additionally, Flight Club 502 has a solid program expense ratio of 66.34%, suggesting that a significant portion of its expenditures is directed toward its charitable programs.
However, the charity has notable weaknesses, particularly in governance policies, as it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. The absence of these policies may raise concerns regarding the organization's operational transparency and risk management practices. Overall, while there are positive aspects to Flight Club 502's financial practices, the missing governance policies highlight areas for improvement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Flight Club 502?
Flight Club 502 has received positive feedback from an initial group of reviewers on Facebook, highlighting their summer camp program. One parent shared their child’s enthusiasm about the camp, emphasizing the quality of instruction provided by Mathew, Gus Boden, and Mrs. Laura Jones.
Overall, the sentiment surrounding Flight Club 502 appears optimistic, particularly regarding their summer camp for children. The experience mentioned by the reviewer reflects a well-organized and enjoyable program that resonates with participants. It seems that Flight Club 502 is off to a promising start, with a focus on delivering fun and engaging activities for kids.
This AI summary has been generated from reviews found on Facebook.
Is Flight Club 502 legitimate?
Flight Club 502 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flight Club 502 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: $16,437
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,690
For more financial information, click here
Official website here: www.flightclub502.org
What is the mission statement of Flight Club 502?
Flight Club 502's mission is centered around inspiring children to learn about aviation. The organization fosters the empowerment of youth by integrating STEM (science, technology, engineering, and math) lessons with practical life skills. It encourages responsibility, entrepreneurship, creative thinking, and instills patriotic values. The unique approach to learning involves teaching children to fly, introducing aviation to younger students through summer camps and after-school programs.
Official website here: www.flightclub502.org
Who is the CEO of Flight Club 502?
Michael Jones is the President of Flight Club 502.
Official website here: www.flightclub502.org
What is the revenue of Flight Club 502?
Flight Club 502's revenue in 2022 was $943,952.
Official website here: www.flightclub502.org
Who are the executives of Flight Club 502 and what are their salaries?
The average compensation at Flight Club 502 during 2022 was $9,564. There are 2 employees at Flight Club 502.
Here are 14 key members and their salaries:
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Official website here: www.flightclub502.org
Where can I find the form 990 for Flight Club 502?
Flight Club 502's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.flightclub502.org
Learn more at the official website: www.flightclub502.org
Mission Statement of Flight Club 502
Flight Club 502 is an organization dedicated to inspiring children about aviation. Their mission is centered around the empowerment of youth, as they aim to correlate STEM (Science, Technology, Engineering, and Mathematics) concepts with practical living lessons. By teaching responsibility, entrepreneurship, creative thinking, and incorporating patriotic values into their learning to fly programs, Flight Club 502 strives to engage younger students in the field of aviation. Furthermore, they introduce aviation to children through summer flight camps and after-school programs, providing a unique and engaging learning experience.
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Impact
July, 2024
Flight Club 502's impact is profound in inspiring kids to learn about aviation and empowering youth through STEM education and practical living lessons. By teaching responsibility, entrepreneurship, creative thinking, and incorporating patriotic values with learning to fly, Flight Club 502 is shaping the future of young minds. Additionally, the organization provides financial assistance to youth who are unable to afford flight training, ensuring that all children have access to these valuable learning opportunities. Through summer flight camps, after-school programs, and flight training, Flight Club 502 is making a positive impact on youth development in Louisville, KY.
This information is meant to be a general summary of Flight Club 502. 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: $309
- Program Service Revenue: $214,236
- Gross Receipts: $1,217,410
Assets and Liabilities:
- Total Assets: $1,055,018
- Total Liabilities: $138,742
- Net Assets: $916,276
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FLIGHT FEES
Revenue
$181,036
INTRO TO AVIATION
Revenue
$18,494
SUMMER CAMP
Revenue
$14,706
Organization Details
Founding Year
2017
Phone
(502) 777-2700Principal Officer
Michael Jones
Main Address
2911 TAYLORSVILLE RD, LOUISVILLE, KY, 40205
Website
www.flightclub502.orgNTEE Category
Code: O50 - Youth development
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