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Virginia · Nonprofit

FLIGHT SAFETY FOUNDATION INC

FLIGHT SAFETY FOUNDATION INC (Virginia) receives grants from 4 organizations whose IRS filings report $65,326 to it, the largest being FRIENDSHIP FUND INC ($30,000). 3 of them have funded it in more than one year.

Revenue FY2024
$5.1M
Funders on record
4
Grants received
$65k
Net assets
$3.3M
3/4 repeat funderspeak grant-dependency 1%
01What it does

What Flight Safety Foundation Inc does

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.

As stated on its FY2024 Form 990.

Programs

  1. 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. - 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…

    $1,868,512 spent$2,623,062 earned by the program
    49% of program spending
  2. Flight safety foundation hosted five events in 2024: ap sas in china, bass in austin, texas, safety forum, in brussels, belgium, the networking dinner in washington dc, and iass in brazil. 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.

    $1,136,308 spent$551,133 earned by the program
    30% of program spending
  3. 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.

    $406,881 spent
    11% of program spending
  4. 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.

    $390,669 spent$1,695,876 earned by the program
    10% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,802,370.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.6M) Expenses 100 ($3.7M) Net assets 100 ($1.6M)2018 Revenue 95 ($3.4M) Expenses 97 ($3.5M) Net assets 87 ($1.4M)2019 Revenue 78 ($2.8M) Expenses 88 ($3.2M) Net assets 66 ($1.1M)2020 Revenue 68 ($2.5M) Expenses 63 ($2.3M) Net assets 79 ($1.3M)2021 Revenue 87 ($3.2M) Expenses 70 ($2.6M) Net assets 126 ($2.0M)2022 Revenue 103 ($3.7M) Expenses 91 ($3.3M) Net assets 114 ($1.8M)2023 Revenue 110 ($4.0M) Expenses 109 ($4.0M) Net assets 148 ($2.4M)2024 Revenue 139 ($5.1M) Expenses 129 ($4.7M) Net assets 205 ($3.3M)
'17'18'19'20'21'22'23'24
Revenue (139)Expenses (129)Net assets (205)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $3.7M to $4.8M (+28%).

$2.9M
$2.4M
$2.0M
$2.5M
$3.5M
$3.0M
$3.7M
$4.8M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 34% · 2018 22% · 2021 7% · 2022 8% · 2023 3%. Grants only. Government contracts and fees sit inside program revenue.

0% of FLIGHT SAFETY FOUNDATION INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (69% for the typical peer).

This organization
Typical peer · 852 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$36k
’17
−$104k
’18
−$411k
’19
$184k
’20
$578k
’21
$390k
’22
−$6k
’23
$334k
’24
1.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Hassan Shahidi

President/CEO

Board chair

Gilberto Lopez-Meyer

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed3131313033333230
Joined·+2+3+4+4+8+3+3
No longer listed·2351845
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $10k → $36k.

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FLIGHT SAFETY FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FLIGHT SAFETY FOUNDATION INC leans on a few funders — its largest provides 46% of grant income and the top three 100%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

54% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FLIGHT SAFETY FOUNDATION INC.

46%
largest funder
100%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2020 100% · 2021 100% · 2022 100% · 2023 44% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

FLIGHT SAFETY FOUNDATION INC draws 61% of its grant income from funders outside Virginia, across 2 states in all.

MA
VA

In-state vs out-of-state, by year

’17
’23
Virginia out of state home

Funder states come from each funder’s own filing. $16k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FLIGHT SAFETY FOUNDATION INC's funding base is broadening — from 1 funders to 4 as grant income climbed.

Operating margin7% · below the median
Months of reserve1.5mo · bottom quartile
Revenue growth (annualized)5% · bottom quartile

this organization peer median middle 50% of peers· 804 public safety & disaster nonprofits $1M–$10M, FY2024

Government funding FLIGHT SAFETY FOUNDATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.7M on record.

Federal$4.7M
grants $4.5Mcontracts $162k
17
20
21
22
23
24
25
Top agencies
  • National Aeronautics and Space Administration$3.8M
  • Department of Transportation$900k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like FLIGHT SAFETY FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 19%Fundraising 0%

Governance

20
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Flight Safety Foundation Ltd · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FLIGHT SAFETY FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FLIGHT SAFETY FOUNDATION INC?
FLIGHT SAFETY FOUNDATION INC (Virginia) receives grants from 4 organizations whose IRS filings report $65,326 to it, the largest being FRIENDSHIP FUND INC ($30,000). 3 of them have funded it in more than one year.
How many funders does FLIGHT SAFETY FOUNDATION INC have?
IRS filings report 4 organizations giving $65,326 in grants to FLIGHT SAFETY FOUNDATION INC, 3 of which have funded it in more than one year.
Who is the largest funder of FLIGHT SAFETY FOUNDATION INC?
FRIENDSHIP FUND INC is the largest funder on record, with $30,000 in grants. The full list of funders is on this page.
How can an organization like FLIGHT SAFETY FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Flight Safety →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing