Totals
- Total revenue
- $3,970,958
- Total expenses
- $3,976,731
- Contributions and grants received
- $131,778
- Grants paid
- $0
- Program service revenue
- $3,841,193
- Investment income
- -$7,661
- Other revenue
- $5,648
- Total assets, end of year
- $3,740,392
- Total liabilities, end of year
- $1,370,592
- Net assets or fund balances, end of year
- $2,369,800
- Program services expenses (Part IX)
- $2,997,249
- Management and general expenses
- $979,482
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,997,249
Program services were 75.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$110,587
-
1f · All other contributions, gifts and grants
$21,191
-
2a · Program service revenue: COMMERCIAL CONTRACTS
total $1,722,766 · related or exempt $1,722,766
-
2b · Program service revenue: MEMBER DUES
total $1,452,487 · related or exempt $1,452,487
-
2c · Program service revenue: SEMINAR FEES
total $665,940 · related or exempt $665,940
-
3 · Investment income
total $42,237 · excluded $42,237
-
5 · Royalties
total $5,347 · excluded $5,347
-
7a · Gross sales of assets other than inventory
securities $200,000 · other assets $3,500
-
7b · Less cost or other basis and sales expenses
securities $253,398 · other assets $0
-
7c · Gain or loss
securities -$53,398 · other assets $3,500
-
7d · Net gain or loss
total -$49,898 · excluded -$49,898
-
11d · All other revenue
total $301 · excluded $301
-
11e · Other revenue, total
$301
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $397,002 · program services $286,088 · management and general $110,914
-
7 · Other salaries and wages
total $1,462,843 · program services $1,054,157 · management and general $408,686
-
8 · Pension plan contributions
total $80,176 · program services $57,777 · management and general $22,399
-
9 · Other employee benefits
total $232,574 · program services $167,599 · management and general $64,975
-
10 · Payroll taxes
total $119,592 · program services $86,181 · management and general $33,411
-
11b · Fees: legal
total $12,378 · program services $10,086 · management and general $2,292
-
11c · Fees: accounting
total $65,128 · program services $53,071 · management and general $12,057
-
11g · Fees: other
total $646,945 · program services $527,173 · management and general $119,772
-
12 · Advertising and promotion
total $11,278 · program services $9,190 · management and general $2,088
-
13 · Office expenses
total $83,159 · program services $59,999 · management and general $23,160
-
14 · Information technology
total $101,838 · program services $63,530 · management and general $38,308
-
16 · Occupancy
total $57,745 · program services $20,538 · management and general $37,207
-
17 · Travel
total $73,259 · program services $23,647 · management and general $49,612
-
19 · Conferences, conventions and meetings
total $563,654 · program services $550,608 · management and general $13,046
-
22 · Depreciation, depletion and amortization
total $6,227 · program services $4,487 · management and general $1,740
-
23 · Insurance
total $34,379 · program services $12,227 · management and general $22,152
-
24a · Other expenses: AWARDS EXPENSE
total $15,242 · program services $5,813 · management and general $9,429
-
24b · Other expenses: PROFESSIONAL DEVELOPMEN
total $5,415 · program services $2,065 · management and general $3,350
-
24c · Other expenses: LICENSES AND PERMITS
total $1,691 · program services $645 · management and general $1,046
-
24e · All other expenses
total $6,206 · program services $2,368 · management and general $3,838
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $384,164 · end of year $389,767
-
2 · Savings and temporary cash investments
beginning of year $142,850 · end of year $287,411
-
4 · Accounts receivable
beginning of year $183,372 · end of year $369,658
-
9 · Prepaid expenses and deferred charges
beginning of year $43,263 · end of year $25,922
-
10a · Land, buildings and equipment: cost or other basis
$146,671
-
10b · Land, buildings and equipment: accumulated depreciation
$105,487
-
10c · Land, buildings and equipment, net
beginning of year $11,845 · end of year $41,184
-
11 · Investments: publicly traded securities
beginning of year $2,081,237 · end of year $2,274,026
-
15 · Other assets
beginning of year $103,801 · end of year $352,424
-
17 · Accounts payable and accrued expenses
beginning of year $379,307 · end of year $522,527
-
19 · Deferred revenue
beginning of year $748,815 · end of year $736,921
-
25 · Other liabilities
beginning of year $0 · end of year $111,144
-
27 · Net assets without donor restrictions
beginning of year $1,772,892 · end of year $2,310,282
-
28 · Net assets with donor restrictions
beginning of year $49,518 · end of year $59,518
Mission and programs · 2023
Mission
1. PROMOTE AND FACILITATE THE GLOBAL APPLICATION OF LEADING AVIATION SAFETY ASSESSMENTS, STANDARDS AND PRACTICES.2. DEVELOP GLOBAL SOLUTIONS TO KEY AVIATION SAFETY CHALLENGES.
Activities or mission (Part I)
BE THE LEADING INDEPENDENT AND IMPARTIAL VOICE OF SAFETY FOR THE GLOBAL AEROSPACE/AVIATION COMMUNITY.
-
TECHNICAL, RESEARCH, LIBRARY, AND OTHER: FSF'S TECHNICAL DEPARTMENT ENGAGES WITH INTERNATIONAL ORGANIZATIONS AND WORK GROUPS AND FOCUSES ITS EFFORTS ON SAFETY-RELATED RESEARCH VIA FUNDED PROGRAMS. THIS ALSO INCLUDES THE AUSTRALIA SUBSIDIARY, WHICH PROVIDES AVIATION SAFETY TRAINING AND THE SINGAPORE BRANCH, ESTABLISHED IN 2023, WHICH OPERATES THE FLIGHT SAFETY FOUNDATION ASIA PACIFIC CENTRE FOR AVIATION SAFETY (AP-CAS) PRINCIPALLY TO CARRY OUT RESEARCH AND ANALYSIS OF AVIATION SAFETY ISSUES IN THE ASIA PACIFIC REGION. SOME OF THE FUNDED PROGRAMS ARE DETAILED IN THE NEXT FEW BULLET POINTS:- SKYBRARY: FSF PROVIDES CONTENT REVIEW AND EDITORIAL SUPPORT THAT ENHANCES THE CONTENT AND ACCURACY OF SAFETY INFORMATION.- INNOVATIONS IN TECHNOLOGY AND PROCESSES FOR CAST/ASIAS TRANSFORMATION: FSF IS PERFORMING RESEARCH ON COLLABORATIVE SAFETY PROCESSES AND TOOLS, INCLUDING THOSE EMPLOYING ADVANCED COMPUTING. - ADVANCED AVIATION SAFETY MANAGEMENT SYSTEM: THIS WORK FOCUSES ON IDENTIFYING THE RESEARCH NEEDED TO IMPLEMENT STATE-OF-THE-ART TECHNIQUES, CAPABILITIES, AND POLICIES FOR ENHANCING AVIATION SAFETY WORLD-WIDE AND FOR ENABLING INNOVATION IN AVIATION TECHNOLOGIES AND OPERATIONS. - INTEGRATED SAFETY ASSURANCE RESEARCH STRATEGY ALIGNMENT: FSF ASSESSED AVIATION COMMUNITY PRIORITIES THAT CAN INFORM RESEARCH EFFORTS ENABLING THE SKY FOR ALL CONCEPT, INCLUDING THE ASSESSMENT OF THE ALIGNMENT BETWEEN THE CURRENT SKY FOR ALL ROADMAP AND THE ROADMAP FOR THE IN-TIME AVIATION SAFETY MANAGEMENT SYSTEM.- ASSESSMENT OF AVIATION STAKEHOLDER PRIORITIES AND NEEDS FOR THE EVOLUTION TO IN-TIME AVIATION SAFETY MANAGEMENT: FSF EXPLORED THE POTENTIAL OPERATOR BENEFITS POOL ASSOCIATED WITH IMPLEMENTATION OF THE IN-TIME AVIATION SAFETY MANAGEMENT SYSTEM (IASMS) AND ASSESS KEY DEPENDENCIES ASSOCIATED WITH IMPLEMENTATION OF IASMS.- DEVELOPMENT OF A CONCEPT AND PATH FORWARD FOR FUTURE AVIATION OPERATIONS: THIS PROJECT PROVIDES SUPPORT FOR THE DEVELOPMENT OF SKY FOR ALL, A CONCEPT FOR THE FUTURE OPERATION OF THE NATIONAL AIRSPACE SYSTEM.- INITIAL SAFETY ASSESSMENT FOR DIGITAL FLIGHT: THIS PROJECT INVOLVES 1) A QUALITATIVE ASSESSMENT OF THE SAFETY RISKS/BENEFITS OF A DIGITAL FLIGHT AND 2) A QUALITATIVE ASSESSMENT OF HOW DIGITAL FLIGHT RELATES TO THE IN-TIME AVIATION SAFETY MANAGEMENT SYSTEM CONCEPT AND ROADMAP.- DUAL REGISTRATION STUDY: FSF STUDIED THE IMPACT OF INTERNATIONAL AVIATION SANCTIONS ON THE ABILITY TO SUSTAIN AND VERIFY THE SAFETY OF WESTERN-BUILT AIRCRAFT OPERATED BY AIR OPERATORS FROM COUNTRIES AFFECTED BY SANCTIONS. A SERIES OF REPORTS WERE PRODUCED THAT ADDRESSED REGULATORY NONCOMPLIANCE MATTERS AND PROVIDED EXPERT ASSESSMENT OF SAFETY CONCERNS.- SAFETY 2: FSF DEVELOPED A NEW FRAMEWORK TO LEVERAGE OPERATIONAL INFORMATION TO ENHANCE SAFETY THROUGH APPLYING BEST PRACTICES FROM POSITIVE OUTCOMES IN NORMAL OPERATIONS.- ASIA PACIFIC SAFETY DATA SHARING DEMONSTRATION PROJECT: FSF, IN COLLABORATION WITH MITRE AND SEVERAL PARTICIPATING CIVIL AVIATION AUTHORITIES IN ASIA PACIFIC IDENTIFIED SAFETY HAZARDS AND RISKS IN AIR SAFETY AND PROVIDED LISTS OF POTENTIAL MITIGATION APPROACHES.- ASIA PACIFIC CENTRE FOR AVIATION SAFETY: THE FSF ASIA PACIFIC CENTRE FOR AVIATION SAFETY CONDUCTS STUDIES ON REGIONAL SAFETY ISSUES THAT INCLUDE RECOMMENDATIONS TO STRENGTHEN SAFETY AND ASSISTS REGULATORS AND INDUSTRY TO IMPLEMENT THE RECOMMENDATIONS.
Expenses $1,369,469 · Revenue $1,722,766
-
SEMINARS: FLIGHT SAFETY FOUNDATION HOSTED FIVE EVENTS IN 2023: AP SAS IN SINGAPORE, BASS IN NEW ORLEANS, LOUISIANA, SAFETY FORUM, IN BRUSSELS, BELGIUM, THE NETWORKING DINNER IN WASHINGTON DC, AND IASS IN PARIS, FRANCE. FSF'S EVENTS ARE GATHERINGS OF AVIATION PROFESSIONALS, DESIGNED FOR PEOPLE WITH RESPONSIBILITY FOR SAFETY IN DESIGN, MANUFACTURING, DEVELOPMENT, TRAINING, MAINTENANCE, AND OPERATIONS. LEADING AVIATION SPECIALISTS EXCHANGE INFORMATION AND OFFER DIRECTIONS FOR FURTHER RISK REDUCTION.
Expenses $1,041,927 · Revenue $665,940
-
COMMUNICATIONS: THE FSF COMMUNICATIONS DEPARTMENT DISSEMINATES INFORMATION ABOUT AVIATION SAFETY, INCLUDING THE SAFETY INITIATIVES DEVELOPED BY THE FOUNDATION AT ITS MAIN OFFICE IN ALEXANDRIA, VIRGINIA, AND A REGIONAL OFFICE IN MELBOURNE, AUSTRALIA. THE DEPARTMENT PRODUCES AEROSAFETY WORLD, THE FOUNDATION'S ONLINE MAGAZINE, AND IS RESPONSIBLE FOR OTHER ELEMENTS OF THE FOUNDATION'S WEBSITE, SPECIAL REPORTS, NEWS RELEASES, AND SOCIAL MEDIA.
Expenses $318,698
-
MEMBERSHIP SERVICES: FLIGHT SAFETY FOUNDATION IS THE LEADING VOICE OF SAFETY FOR THE GLOBAL AVIATION COMMUNITY. WE ACCOMPLISH THIS BY DEVELOPING GLOBAL SOLUTIONS TO KEY AVIATION SAFETY CHALLENGES, BEING THE CONSTANT AND FORCEFUL "JUST CULTURE" ADVOCATE FOR ALL GLOBAL AVIATION COMMUNITY MEMBERS AND PROVIDING OPPORTUNITIES FOR THE MEMBERS OF THE GLOBAL COMMUNITY TO COME TOGETHER, INTERACT AND LEARN FROM EACH OTHER. THESE EFFORTS ARE CARRIED OUT THROUGH SEVERAL SIGNATURE PROGRAMS INCLUDING OUR BASIC AVIATION RISK STANDARD (BARS) PROGRAM, OUR PREMIER MEMBERS-ONLY DIGITAL MAGAZINE, AEROSAFETY WORLD, AND OUR AVIATION SAFETY EVENTS WHICH ARE HELD WORLDWIDE.
Expenses $267,155 · Revenue $1,452,487
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Hassan ShahidiHASSAN SHAHIDI
PRESIDENT/CEO
- Total calculated
- $397,004
- From this org
- $336,423
- From related orgs
- $0
- Other
- $60,581
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $276,423
- Bonus
- $0
- Other
- $60,000
- Deferred
- $27,200
- Nontaxable benefits
- $33,381
- Filer's total
- $397,004
-
Bobbi WellsBOBBI WELLS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Conor NolanCONOR NOLAN
PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Kenneth P Quinn EsqKENNETH P QUINN ESQ
GEN COUNSEL/SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
John WatretJOHN WATRET
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Mark BurtonwoodMARK BURTONWOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David CarbonDAVID CARBON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Warren ChristieWARREN CHRISTIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael GamlinMICHAEL GAMLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shai GillSHAI GILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peggy GilliganPEGGY GILLIGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tay Tiang GuanTAY TIANG GUAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gretchen HaskinsGRETCHEN HASKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Danny C HoDANNY C HO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Craig HoskinsCRAIG HOSKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sasha JohnsonSASHA JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David LoffingDAVID LOFFING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gilberto Lopez-MeyerGILBERTO LOPEZ-MEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Yannick MalingeYANNICK MALINGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Houston MillsHOUSTON MILLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Irene MutungiIRENE MUTUNGI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alina NassarALINA NASSAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Holger PaulmannHOLGER PAULMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cameron RossCAMERON ROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mario SibrianMARIO SIBRIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter SteinPETER STEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael WhitakerMICHAEL WHITAKER
DIRECTOR (TO OCT '23)
- Total calculated
- $0
- Hours/week
- 1
-
Francis JackmanFRANCIS JACKMAN
VP COMMUNICATIONS
- Total calculated
- $210,843
- From this org
- $160,232
- From related orgs
- $0
- Other
- $50,611
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $160,232
- Bonus
- $0
- Other
- $0
- Deferred
- $13,200
- Nontaxable benefits
- $37,411
- Filer's total
- $210,843
-
Brian HolguinBRIAN HOLGUIN
PROGRAM DIRECTOR
- Total calculated
- $178,680
- From this org
- $138,067
- From related orgs
- $0
- Other
- $40,613
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $138,067
- Bonus
- $0
- Other
- $0
- Deferred
- $10,200
- Nontaxable benefits
- $30,413
- Filer's total
- $178,680
-
Harrison WolfHARRISON WOLF
PROGRAM DIRECTOR, ADVANCED AVIATION
- Total calculated
- $139,291
- From this org
- $115,824
- From related orgs
- $0
- Other
- $23,467
- Hours/week
- 40
-
Sophia GhezeiSOPHIA GHEZEI
PROGRAM DIRECTOR (TO SEP'23)
- Total calculated
- $126,498
- From this org
- $106,577
- From related orgs
- $0
- Other
- $19,921
- Hours/week
- 40
-
Claudia JohnsonCLAUDIA JOHNSON
CONTROLLER
- Total calculated
- $127,767
- From this org
- $106,352
- From related orgs
- $0
- Other
- $21,415
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4B
- 457(F) CONTRIBUTIONS: DR. HASSAN SHAHIDI - $37,500
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
FLIGHT SAFETY FOUNDATION LTD
HOLDING COMPANY · AS
Directly controlled by FSF
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 30 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413049349302901
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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