Form 990 for tax year 2025
Filed by CITATION JET PILOTS SAFETY AND EDUCATION FOUNDATION INC.
Totals
- Total revenue
- $186,529
- Total expenses
- $291,433
- Contributions and grants received
- $756,133
- Grants paid
- $125,568
- Program service revenue
- $0
- Investment income
- $7,798
- Other revenue
- -$577,402
- Total assets, end of year
- $407,191
- Total liabilities, end of year
- $2,748
- Net assets or fund balances, end of year
- $404,443
- Program services expenses (Part IX)
- $268,153
- Management and general expenses
- $21,013
- Fundraising expenses
- $2,267
- Program service expenses (Part III)
- $268,153
Program services were 92.0% 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.
-
1c · Fundraising events
$715,033
-
1f · All other contributions, gifts and grants
$41,100
-
3 · Investment income
total $7,798 · excluded $7,798
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$715,033
-
8b · Fundraising events: direct expenses
$577,402
-
8c · Net income from fundraising events
total -$577,402 · excluded -$577,402
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $125,568 · program services $125,568
-
5 · Compensation of officers, directors and key employees
total $53,418 · program services $53,418
-
11b · Fees: legal
total $611 · management and general $611
-
11c · Fees: accounting
total $19,182 · management and general $19,182
-
11g · Fees: other
total $14,100 · program services $14,100
-
13 · Office expenses
total $233 · management and general $195 · fundraising $38
-
14 · Information technology
total $612 · program services $612
-
17 · Travel
total $3,783 · program services $2,768 · management and general $346 · fundraising $669
-
19 · Conferences, conventions and meetings
total $72,271 · program services $71,562 · management and general $364 · fundraising $345
-
24a · Other expenses: MERCHANT AND THIRD PART
total $1,655 · program services $125 · management and general $315 · fundraising $1,215
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $244,130 · end of year $402,172
-
2 · Savings and temporary cash investments
beginning of year $265,217 · end of year $5,019
-
25 · Other liabilities
beginning of year $0 · end of year $2,748
-
27 · Net assets without donor restrictions
beginning of year $509,347 · end of year $404,443
Mission and programs · 2025
Mission
THE FOUNDATION IS ORGANIZED AND SHALL OPERATE EXCLUSIVELY FOR EDUCATIONAL, CHARITABLE, SCIENTIFIC OR LITERARY PURPOSES, OR ANY COMBINATION OF THE FOREGOING, INCLUDING WITHOUT LIMITATION: 1. TO PROMOTE FLIGHT SAFETY FOR PILOTS OF TURBOFAN POWERED AIRCRAFT BEARING THE TEXTRON AVIATION (INCLUDING ANY SUCCESSOR THERETO) BRAND "CITATION". 2. TO ORGANIZE AND SUPPORT CITATION OWNER, PILOT AND CREW SAFETY SEMINARS. 3. TO HOST OR SPONSOR AN ANNUAL CITATION JET PILOT SAFETY STAND DOWN AND DISTRIBUTE CITATION SAFETY CONTENT THROUGH THE CITATION JET PILOT QUARTERLY PUBLICATION CJP RIGHT SEAT, OR OTHER SIMILAR PUBLICATIONS, AND AT EVENTS THROUGHOUT THE YEAR. 4. TO RESEARCH THE HISTORY OF AND ONGOING SAFETY ISSUES AFFECTING CITATION OPERATIONS AND DEVELOP AND PROMOTE RECOMMENDED SOLUTIONS.
-
PROMOTING FLIGHT SAFETY FOR PILOTS OF TURBOFAN POWERED AIRCRAFT BEARING THE TEXTRON AVIATION (INCLUDING ANY SUCCESSOR THERETO) BRAND "CITATION", AS WELL AS GOLD STANDARD AWARD PROGRAM - RECOGNIZING CITATION PILOTS WHO HAVE TAKEN INITIATIVE TO TRAIN BEYOND THE REQUIRED STANDARD.
Expenses $268,153 · Grants $125,568
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Charlie PrecourtCHARLIE PRECOURT
CHAIR
- Total calculated
- $53,418
- From this org
- $53,418
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8
-
Stephen ElopSTEPHEN ELOP
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
R Blake CurdR BLAKE CURD
CHAIR EMERITUS DIRECTOR
- Total calculated
- $0
- Hours/week
- 8
-
Alexander DichterALEXANDER DICHTER
TREASURER
- Total calculated
- $0
- Hours/week
- 6
-
Stuart FredSTUART FRED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Randy BroilesRANDY BROILES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Tom AboodTOM ABOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Brian MooreBRIAN MOORE
INDUSTRY DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rosa Lee ArgotsingerROSA LEE ARGOTSINGER
INDUSTRY DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jonathan BaileyJONATHAN BAILEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
John OlstaJOHN OLSTA
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
Rob BalzanoROB BALZANO
CHIEF EXECUTIVE OFFICER
- Total calculated
- $0
- Hours/week
- 10
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.
Grants on this return
-
$125,568
AUCTION EVENT
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 4 August 2026
- IRS schema version
- 2025v4.2
- Source object
- 202612179349301271
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.