WASHINGTON, DC
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)THE FOUNDATION FOR AVIATION SAFETY, founded in 2024, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2024. The organization ran a surplus of $1.5M, a strong 99% operating margin.
THE FOUNDATION'S MISSION IS TO IMPROVE PUBLIC SAFETY BY CLOSELY MONITORING THE AVIATION INDUSTRY AND THE GOVERNMENT AGENCIES RESPONSIBLE FOR REGULATING THE INDUSTRY. WE ARE PROUD TO SERVE AS THE LEADING AVIATION WATCHDOG AND WILL CONTINUE TO REPORT ON ILLEGAL ACTIVITIES AND OTHER PROBLEMS IMPACTING SAFETY INCLUDING INEFFECTIVE GOVERNMENT. WE SERVE THE INDIVIDUALS THAT FLY AND THEIR LOVED ONES.
IN 2024, THE FOUNDATION FOR AVIATION SAFETY CONCENTRATED MAINLY ON THE ONGOING INVESTIGATIONS INTO THE TWO MAX AIRPLANE TRAGEDIES FROM 2018 AND 2019, THE AFTERMATH OF THE JANUARY 2023 ALASKA AIRLINES...
IN 2024, THE FOUNDATION FOR AVIATION SAFETY CONCENTRATED MAINLY ON THE ONGOING INVESTIGATIONS INTO THE TWO MAX AIRPLANE TRAGEDIES FROM 2018 AND 2019, THE AFTERMATH OF THE JANUARY 2023 ALASKA AIRLINES FLIGHT 1282 ACCIDENT, MANUFACTURING DEFECTS IN BOEING'S 737 MAX AIRCRAFT, AND SYSTEM FAILURES AND EMERGENCIES INVOLVING MAX PLANES. THE FOUNDATION ALSO HIGHLIGHTED THE ACTIONS AND INACTIONS OF THE FEDERAL AVIATION ADMINISTRATION (FAA), THE DEPARTMENT OF TRANSPORTATION (DOT), AND THE NATIONAL TRANSPORTATION SAFETY BOARD (NTSB).
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,472,030 | N/A | N/A |
| Expenses | $12,984 | N/A | N/A |
| Net Income | $1,459,046 | $0 | N/A |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| EDWARD PIERSON | PRESIDENT / EXECUTIVE DIRECTOR | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHELLE PIERSON | SECRETARY / TREASURER | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOE JACOBSEN | BOARD MEMBER | 40.00 |
Director
|
$0 | $0 | $0 |
| BRUCE DAVIS | BOARD MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,472,030 | $12,984 | $1,459,145 | $1,459,046 |
Compare THE FOUNDATION FOR AVIATION SAFETY with other nonprofits in District of Columbia and across the country.