BLACKHAWK FLIGHT FOUNDATION INC

EIN: 010876757 501(c)(3) Education

MANDEVILLE, LA

Total Revenue
$405,786
Total Expenses
$303,812
Total Assets
$107,743
Net Assets
$64,404
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
LA
Principal Officer
BILLY J PERRETT
Phone
9857892746
Tax Period
2023-01-01 to 2023-12-31

BLACKHAWK FLIGHT FOUNDATION INC, founded in 2006, is a small nonprofit in the Education sector that reported $406K in total revenue in fiscal year 2023. Revenue surged 2978% from the prior year, signaling strong growth momentum. The organization ran a surplus of $102K, a strong 25% operating margin.

Mission

TO PROVIDE SCHOLARSHIPS FOR CHILDREN OF AMERICAN MILITARY, LAW ENFORCEMENT, & FIRST RESPONDER PERSONNEL WHO HAVE BEEN KILLED OR DISABLED IN THE LINE OF DUTY, AND TO ASSIST THESE CHILDREN IN OBTAINING A DEGREE TO PURSUE A PROFESSIONAL CAREER IN THE AERONAUTICAL SCIENCES INDUSTRY. THE ORGANIZATION UTILIZES AN AVIATION-THEMED TUTORING PROGRAM TO PROMOTE THE STUDY AND MASTERY OF BASIC MATHEMATICS, SCIENCE, AND ENGLISH LANGUAGE SKILLS. THE ORGANIZATION SUPPORTS THE VISIONS OF OTHER ORGANIZATIONS WITH PARALLEL MISSIONS AND GOALS. BY PROMOTING THE POSITIVE ROLE MODELS WHO BUILD THE AMERICAN AVIATION INDUSTRY AND THE OPPORTUNITIES AFFORDED TO THEM AS AMERICANS, WE PROVIDE EXAMPLES OF WHAT YOUNG AMERICANS CAN DO WHEN THEY DIRECT THEIR TALENTS, INTELLIGENCE, KNOWLEDGE, AND PERSEVERANCE TO A GOAL REGARDLESS OF THEIR SOCIAL OR FINANCIAL CIRCUMSTANCES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $405,786
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $405,786

Expense Breakdown

Grants Paid $12,000
Salaries & Benefits $0
Fundraising Expenses $1,650
Program Expenses $287,098
Other Expenses $291,812
TOTAL EXPENSES $303,812

Year-over-Year Comparison

2023 2022 Change
Revenue $405,786 $13,184 +29.8%
Expenses $303,812 $12,698 +22.9%
Net Income $101,974 $486 +208.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BJ PERRETT EXECUTIVE DIRECTOR 40.00
Director
$0 $0 $0
VICTOR SCHILLECI IV DIRECTOR 4.00
Director
$0 $0 $0
DARRYL CHRISTEN DIRECTOR 2.00
Director
$0 $0 $0
WALTER GAMARD DIRECTOR 2.00
Director
$0 $0 $0
JERRY GONSOULIN DIRECTOR 2.00
Director
$0 $0 $0
AMANDA L KELLER DIRECTOR 2.00
Director
$0 $0 $0
JENNIFER P GALIOURAS DIRECTOR 2.00
Director
$0 $0 $0
JAMES D OLSON DIRECTOR 2.00
Director
$0 $0 $0
CARL M ALLEY DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $405,786 $303,812 $107,743 $101,974
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