Fredericksburg, VA
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Sign In — Free (10 views/day)LANGLEY FLIGHT FOUNDATION, founded in 2021, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $54K in total revenue in fiscal year 2024. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $382K exceeded revenue, resulting in a 605% operating deficit.
The Foundations mission is to i. Commemorate the life and accomplishments of Professor Samuel Pierpont Langley, with a major emphasis on his heavier than air sustained mechanical flights in Stafford County, Virginia., ii. Exhibit an exact replica of Langley's New Flying Machine, Aerodrome No. 5, the first aircraft to achieve heavier than air sustained mechanical flight, and original items from Langley's Smithsonian workshop, and conduct research, produce educational documentaries and sponsor outreach activities that will serve not only students of aviation history, but all audiences, and iii. inspire people to foster an appreciation for the importance of flight to humanity through the creation of programs, events, and exhibitions to better engage and educate the public.
Construction of reproduction of Samuel Pierpont Langley's Aerodrome No. 5 aircraft was completed in May 2024. Final payments to reproduction contractor and interpretive programming contractor were...
Construction of reproduction of Samuel Pierpont Langley's Aerodrome No. 5 aircraft was completed in May 2024. Final payments to reproduction contractor and interpretive programming contractor were made in 2024. Display is housed at the Stafford Regional Airport and is free to the public to the public to inspire pursuit of STEM education careers.
Educational programs for Stafford County Schools, including construction of steam engine models, principles of flight classroom lessons, rocket kits, etc. 500+ students participated in activities in...
Educational programs for Stafford County Schools, including construction of steam engine models, principles of flight classroom lessons, rocket kits, etc. 500+ students participated in activities in 2024.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $54,160 | $225,373 | -0.8% |
| Expenses | $382,094 | $113,100 | +2.4% |
| Net Income | $-327,934 | $112,273 | -3.9% |
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Philip Christopher Hornung | President | 10 |
Officer
|
$0 | $0 | $0 |
| Philip Edward Hornung | Vice President | 10 |
Officer
|
$0 | $0 | $0 |
| Susan C Henderson | Secretary | 10 |
Officer
|
$0 | $0 | $0 |
| Scott Alan Mayausky | Treasurer | 10 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $54,160 | $382,094 | $331,052 | $-327,934 |
| 2023 | $225,373 | $113,100 | $315,174 | $112,273 |
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