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Navy Legacy Flight Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262884264 ✦ Jackson, WY ✦ Designated as a 501(c)(3)

Overview

What is Navy Legacy Flight Foundation Inc?

Navy Legacy Flight Foundation Inc is a nonprofit organization based in Jackson, Wyoming. Established in 2019, it entered into a five-year contract with the United States Navy to participate in Navy airshows across various locations in the U.S. The foundation leverages civilian-owned vintage military aircraft, for which it receives reimbursement from the Navy, and in turn, compensates the aircraft owners for related operating costs. The primary purpose of this program is to bolster Navy recruitment efforts and foster public interest in naval aviation. By providing vintage military aircraft and civilian pilots at Navy-led airshows, the foundation aims to support Navy recruitment and maintain and grow public interest in the Navy's aviation program.


Is Navy Legacy Flight Foundation Inc legitimate?

Navy Legacy Flight Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Navy Legacy Flight Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Navy Legacy Flight Foundation Inc?
Who is the CEO of Navy Legacy Flight Foundation Inc?
What is the revenue of Navy Legacy Flight Foundation Inc?
Who are the executives of Navy Legacy Flight Foundation Inc and what are their salaries?
Where can I find the form 990 for Navy Legacy Flight Foundation Inc?

Mission Statement of Navy Legacy Flight Foundation Inc

Navy Legacy Flight Foundation, a nonprofit organization, is committed to supporting the United States Navy recruiting program and fostering public interest in the Navy's aviation program. They achieve this by providing vintage military aircraft and civilian pilots for United States Navy lead airshows across the nation. The foundation's mission is twofold: firstly, to aid the Navy in its recruitment efforts, and secondly, to stimulate public interest in naval aviation.

In May 2019, Navy Legacy Flight Foundation entered into a five-year contract with the United States Navy. Under this agreement, the foundation provides civilian-owned and operated vintage military aircraft to participate in Navy airshows at various locations within the U.S. The Navy reimburses the foundation for these costs, and the foundation in turn compensates the civilian aircraft owners for their expenses related to the Navy lead airshows. This program serves to enhance Navy recruiting efforts and boost public interest in naval aviation.

Impact

This information is meant to be a general summary of Navy Legacy Flight Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Navy Legacy Flight Foundation Inc's impact lies in supporting the United States Navy recruiting program and fostering the public's interest in the Navy's aviation program. By providing vintage military aircraft and civilian pilots at Navy-led airshows across the country, the foundation enhances naval recruiting efforts and boosts awareness of naval aviation. Through its partnership with the US Navy, the foundation plays a vital role in showcasing historical aircraft and honoring the legacy of naval aviation, ultimately contributing to the promotion of naval service and aviation heritage.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $732,769
  • Gross Receipts: $732,770

    • Assets and Liabilities:
  • Total Assets: $281,614
  • Total Liabilities: $0
  • Net Assets: $281,614
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    US NAVY Air Show Reven

    Revenue

    $653,968

    US NAVYAirshowTrainRei

    Revenue

    $71,988

    US NAVYProgramMktgReim

    Revenue

    $6,813

    Organization Details

    Founding Year

    2008

    Principal Officer

    Paul Wood

    Main Address

    PO BOX 489, JACKSON, WY, 83001

    NTEE Category

    Code: A80 - Arts

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