Quick charity verification for Flight Safety Foundation Inc (EIN: 135656187)
Verdict: Flight Safety Foundation Inc appears trustworthy
90/100Mission Score
$5.3MRevenue
$4.8MAssets
1Red Flags
5Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which may obscure actual compensation structures.
Strengths
Consistent IRS 990 filing history (13 filings) demonstrates strong regulatory compliance and transparency.
Positive trend in net assets, growing from $1,822,410 in 202212 to $2,369,800 in 202312, indicating financial health.
Revenue growth from $2,476,876 in 202012 to $3,970,958 in 202312 suggests increasing support and operational capacity.
Assets consistently exceed liabilities, indicating a strong balance sheet and financial stability.
Expenses are closely aligned with revenue in recent periods, such as $3,976,731 expenses vs. $3,970,958 revenue in 202312, suggesting prudent financial management.
Spending Breakdown
How Flight Safety Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Flight Safety Foundation Inc
Is Flight Safety Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Flight Safety Foundation Inc (EIN: 135656187) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Flight Safety Foundation Inc a good charity to donate to?
Flight Safety Foundation Inc has a Mission Score of 90/100. Revenue: $5.3M. Assets: $4.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Flight Safety Foundation Inc?
The Employer Identification Number (EIN) for Flight Safety Foundation Inc is 135656187. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Flight Safety Foundation Inc spend its money?
Flight Safety Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Flight Safety Foundation Inc's tax-exempt status?
You can verify Flight Safety Foundation Inc's tax-exempt status using EIN 135656187 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Flight Safety Foundation Inc demonstrates a generally stable financial position, with assets consistently exceeding liabilities across the reviewed periods. While revenue and expenses have fluctuated, the organization has largely maintained a balanced budget, as seen in the 202312 period where expenses ($3,976,731) were very close to revenue ($3,970,958). The absence of reported officer compensation in all available filings suggests a strong commitment to directing funds towards its mission, enhancing its transparency and public trust. The organization's NTEE code M40Z (Safety Education) aligns with its mission, and the consistent filing of IRS 990s over 13 periods indicates good regulatory compliance.
The organization's financial health appears sound, with assets growing from $2,950,532 in 202212 to $3,740,392 in 202312, indicating a healthy accumulation of resources. The spending efficiency, while not fully detailed in the provided data, can be inferred as reasonable given the balanced revenue and expense figures. The consistent reporting of zero officer compensation is a significant positive indicator of efficient resource allocation and transparency, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation on the 990, which would require further investigation for full clarity.
Overall, Flight Safety Foundation Inc appears to be a well-managed nonprofit with a solid financial foundation and a clear commitment to its mission, as evidenced by its financial stability and transparency in reporting. The consistent growth in assets and the balanced budget in recent years suggest prudent financial management.