Charity Search / FIRST FLIGHT FOUNDATION
Arts, Culture & Humanities (A800) 990 on File

FIRST FLIGHT FOUNDATION

EIN: 56-1937133 · KITTY HAWK, NC 27949-1858 · United States · FY 2023 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 97/100
Reliability (20%) 55/100
Effectiveness (25%) 41/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2023
$14K
Total Revenue
$67K
Total Expenses
$1.2M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 73.8%
Fundraising Efficiency N/A
Operating Reserve 217.68x
Liability-to-Asset 0.1%
Revenue Diversification 34.0%
Executive Compensation $50K
Compared with Peers
FY 2023
Compared with 16,412 similar organizations (United States, Arts, Culture & Humanities, under $100K in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
73.8% 82.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
217.7 mo 18.4 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.1% 0.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
34.0% 90.6%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
20.5% 3.8%
P10P90
Expense growth
Year over year expense growth
0.8% 4.9%
P10P90
Surplus margin
Surplus as a share of revenue
-368.7% 9.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $14K $67K $1.2M 73.8%
2022 $12K $66K $1.3M 72.0%
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Organization Details
EIN
56-1937133
State
NC
City
KITTY HAWK
ZIP
27949-1858
Classification
A800
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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