FLIGHT SAFETY FOUNDATION INC

EIN: 135656187 501(c)(3) Public Safety

ALEXANDRIA, VA

Total Revenue
$3,970,958
Total Expenses
$3,976,731
Total Assets
$3,740,392
Net Assets
$2,369,800
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
NY
Principal Officer
DR HASSAN SHAHIDI
Phone
7037396700
Tax Period
2023-01-01 to 2023-12-31

FLIGHT SAFETY FOUNDATION INC, founded in 1945, is a community nonprofit in the Public Safety sector that reported $3.4M in total revenue in fiscal year 2018. Revenue decreased 5% compared to the prior year.

Mission

BE THE LEADING INDEPENDENT AND IMPARTIAL VOICE OF SAFETY FOR THE GLOBAL AEROSPACE/AVIATION COMMUNITY.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $131,778
Program Service Revenue $3,841,193
Investment Income $-7,661
Other Revenue $5,648
TOTAL REVENUE $3,970,958

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,292,187
Fundraising Expenses $0
Program Expenses $2,997,249
Other Expenses $1,684,544
TOTAL EXPENSES $3,976,731

Year-over-Year Comparison

2023 2022 Change
Revenue $3,970,958 $3,730,138 +0.1%
Expenses $3,976,731 $3,340,101 +0.2%
Net Income $-5,773 $390,037 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
26
Independent Members
25
Employees
19
Volunteers
26

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
5
$397,004
Total Directors
27
$397,004
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HASSAN SHAHIDI PRESIDENT/CEO 40.00
Officer Director
$336,423 $60,581 $397,004
BOBBI WELLS CHAIRMAN 2.00
Officer Director
$0 $0 $0
CONOR NOLAN PAST CHAIRMAN 2.00
Officer Director
$0 $0 $0
KENNETH P QUINN ESQ GEN COUNSEL/SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN WATRET TREASURER 1.00
Officer Director
$0 $0 $0
MARK BURTONWOOD DIRECTOR 1.00
Director
$0 $0 $0
DAVID CARBON DIRECTOR 1.00
Director
$0 $0 $0
WARREN CHRISTIE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL GAMLIN DIRECTOR 1.00
Director
$0 $0 $0
SHAI GILL DIRECTOR 1.00
Director
$0 $0 $0
PEGGY GILLIGAN DIRECTOR 1.00
Director
$0 $0 $0
TAY TIANG GUAN DIRECTOR 1.00
Director
$0 $0 $0
GRETCHEN HASKINS DIRECTOR 1.00
Director
$0 $0 $0
DANNY C HO DIRECTOR 1.00
Director
$0 $0 $0
CRAIG HOSKINS DIRECTOR 1.00
Director
$0 $0 $0
SASHA JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
DAVID LOFFING DIRECTOR 1.00
Director
$0 $0 $0
GILBERTO LOPEZ-MEYER DIRECTOR 1.00
Director
$0 $0 $0
YANNICK MALINGE DIRECTOR 1.00
Director
$0 $0 $0
HOUSTON MILLS DIRECTOR 1.00
Director
$0 $0 $0
IRENE MUTUNGI DIRECTOR 1.00
Director
$0 $0 $0
ALINA NASSAR DIRECTOR 1.00
Director
$0 $0 $0
HOLGER PAULMANN DIRECTOR 1.00
Director
$0 $0 $0
CAMERON ROSS DIRECTOR 1.00
Director
$0 $0 $0
MARIO SIBRIAN DIRECTOR 1.00
Director
$0 $0 $0
PETER STEIN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL WHITAKER DIRECTOR (TO OCT '23) 1.00
Director
$0 $0 $0
FRANCIS JACKMAN VP COMMUNICATIONS 40.00
Highest
$160,232 $50,611 $210,843
BRIAN HOLGUIN PROGRAM DIRECTOR 40.00
Highest
$138,067 $40,613 $178,680
HARRISON WOLF PROGRAM DIRECTOR, ADVANCED AVIATION 40.00
Highest
$115,824 $23,467 $139,291
SOPHIA GHEZEI PROGRAM DIRECTOR (TO SEP'23) 40.00
Highest
$106,577 $19,921 $126,498
CLAUDIA JOHNSON CONTROLLER 40.00
Highest
$106,352 $21,415 $127,767
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 $3,970,958 $3,976,731 $3,740,392 $-5,773
2022 $3,730,138 $3,340,101 $2,950,532 $390,037
2021 $3,156,585 $2,578,484 $3,531,593 $578,101
2020 $2,476,876 $2,293,333 $2,510,881 $183,543
2019 $2,816,973 $3,227,753 $1,963,090 $-410,780
2018 $3,441,480 $3,545,688 $2,421,574 $-104,208
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FLIGHT SAFETY FOUNDATION INC with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.