2025-11-11T11:44:47-06:00 2024-12-31 521446779 JOHNSON LAMBERT LLP 4242 SIX FORKS ROAD SUITE 1500 RALEIGH NC 27609 990 2024-01-01 135656187 FLIGHT SAFETY FOUNDATION INC FLIG 7037396700 1920 BALLENGER AVE 4TH FLOOR ALEXANDRIA VA 22314 DR HASSAN SHAHIDI PRESIDENT & CEO 7037396700 2025-11-11 1 1 J CALVIN MARKS P01226973 9197196400 2024 2025-03-06 01:10:19Z DR HASSAN SHAHIDI 1920 BALLENGER AVE 4TH FLOOR ALEXANDRIA VA 22314 5347983 0 X WWW.FLIGHTSAFETY.ORG X 1945 NY BE THE LEADING INDEPENDENT AND IMPARTIAL VOICE OF SAFETY FOR THE GLOBAL AEROSPACE/AVIATION COMMUNITY. 20 19 20 24 0 0 131778 20750 3841193 4870071 -7661 153044 5648 11957 3970958 5055822 0 0 0 0 2292187 2890753 0 0 0 1684544 1831200 3976731 4721953 -5773 333869 3740392 4770739 1370592 1487729 2369800 3283010 X 1. PROMOTE AND FACILITATE THE GLOBAL APPLICATION OF LEADING AVIATION SAFETY ASSESSMENTS, STANDARDS AND PRACTICES.2. DEVELOP GLOBAL SOLUTIONS TO KEY AVIATION SAFETY CHALLENGES. 0 0 1868512 2623062 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 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.- UNIVERSAL SAFETY OVERSIGHT AUDIT PROGRAM: FSF IS COLLABORATING WITH SELECTED CIVIL AVIATION AUTHORITIES TO DELIVER TRAINING THAT PREPARES THEM FOR AUDITS UNDER ICAO'S USOAP. 1136308 551133 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. 406881 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. 390669 1695876 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. 390669 1695876 3802370 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 21 0 1 20 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X DR HASSAN SHAHIDI PRESIDENT & CEO 7037396700 1920 BALLENGER AVE 4TH FLOOR ALEXANDRIA VA 22314 HASSAN SHAHIDI PRESIDENT/CEO 40.00 X X 358968 0 69469 GILBERTO LOPEZ-MEYER CHAIRMAN 2.00 X X 0 0 0 BOBBI WELLS PAST CHAIRMAN 2.00 X X 0 0 0 AMNA ARSHAD GEN COUNSEL/SECRETARY (FROM 2024) 2.00 X X 0 0 0 KENNETH P QUINN ESQ GEN COUNSEL/SECRETARY (TO 2024) 1.00 X X 0 0 0 JOHN WATRET TREASURER 1.00 X X 0 0 0 MARK BURTONWOOD DIRECTOR 1.00 X 0 0 0 DAVID CARBON DIRECTOR 1.00 X 0 0 0 WARREN CHRISTIE DIRECTOR (TO 2024) 1.00 X 0 0 0 MICHAEL GAMLIN DIRECTOR (TO 2024) 1.00 X 0 0 0 SHAI GILL DIRECTOR 1.00 X 0 0 0 PEGGY GILLIGAN DIRECTOR 1.00 X 0 0 0 TAY TIANG GUAN DIRECTOR 1.00 X 0 0 0 GRETCHEN HASKINS DIRECTOR (TO 2024) 1.00 X 0 0 0 DANNY C HO DIRECTOR 1.00 X 0 0 0 SASHA JOHNSON DIRECTOR 1.00 X 0 0 0 DAVID LOFFING DIRECTOR 1.00 X 0 0 0 YANNICK MALINGE DIRECTOR 1.00 X 0 0 0 HOUSTON MILLS DIRECTOR 1.00 X 0 0 0 IRENE MUTUNGI DIRECTOR 1.00 X 0 0 0 ALINA NASSAR DIRECTOR 1.00 X 0 0 0 HOLGER PAULMANN DIRECTOR 1.00 X 0 0 0 CAMERON ROSS DIRECTOR 1.00 X 0 0 0 MARIO SIBRIAN DIRECTOR 1.00 X 0 0 0 PETER STEIN DIRECTOR (TO 2024) 1.00 X 0 0 0 FRANCIS JACKMAN VP COMMUNICATIONS 40.00 X 165482 0 56145 HARRISON WOLF PROGRAM DIRECTOR, ADVANCED 40.00 X 154888 0 44610 MARK MILLAM PROGRAM DIRECTOR, SAFETY 40.00 X 124866 0 31889 CLAUDIA JOHNSON CONTROLLER 40.00 X 117576 0 24603 KERRY BENIK DIRECTOR, MARKETING & EVENTS 40.00 X 118587 0 29296 1040367 0 256012 8 0 1 0 MITCHELL FOX 60 AIRPT BLVD CHANGI AIRPT TERM 2 SN CONSULTING SERVICES 226837 HENRY GOURDJI 303A BEACONSFILED BLVD BEACONSFIELD QUEBEC CA H9W2L9 CONSULTING SERVICES 158619 SULLIVAN AVIATION SERVICES LLC 881 ABBOTTSTOWN PIKE HANOVER PA 17331 CONSULTING SERVICES 125772 3 20750 20750 COMMERCIAL CONTRACTS 900099 2623062 2623062 MEMBER DUES 900099 1695876 1695876 SEMINAR FEES 900099 551133 551133 4870071 41222 41222 10703 10703 400000 3983 288578 3583 111422 400 111822 111822 1254 1254 1254 5055822 4870071 0 165001 X 405437 322303 83134 1927329 1532134 395195 116746 92807 23939 283046 225008 58038 158195 125757 32438 3384 2857 527 93376 78843 14533 841850 710822 131028 12213 10312 1901 71049 49529 21520 116585 82235 34350 63716 27267 36449 77217 30431 46786 479574 475809 3765 7231 5748 1483 32494 13906 18588 AWARDS EXPENSE 23607 12055 11552 PROFESSIONAL DEVELOPMEN 6537 3338 3199 LICENSES AND PERMITS 1179 602 577 1188 607 581 4721953 3802370 919583 0 389767 352475 287411 255914 369658 324076 25922 30528 144219 109614 41184 34605 2274026 3187507 352424 585634 3740392 4770739 522527 626580 736921 799928 111144 61221 1370592 1487729 X 2310282 3218992 59518 64018 2369800 3283010 3740392 4770739 333869 579341 0 X 0 1 X 1 1 1 X 1489175 1561634 1777342 1584265 1716626 8129042 971556 1508616 1916239 2388706 3174195 9959312 2460731 3070250 3693581 3972971 4890821 18088354 4060 8496 360 17240 18080 48236 0 4060 8496 360 17240 18080 48236 18040118 16145 26213 35852 47584 51925 177719 16145 26213 35852 47584 51925 177719 599 705 301 1254 2859 2476876 3097062 3730138 4020856 4944000 18268932 0.98750 0.98710 0.00970 0.00970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32500 32500 32500 32500 32500 32500 32500 32500 32500 32500 1.00000 0 0 117851 109614 8237 26368 26368 34605 457(F) PLAN 191214 SECURITY DEPOSITS 185397 457(B) PLAN 147802 ROU LEASE ASSET 61221 585634 ROU LEASE LIABILITY 61221 61221 X PART V, LINE 4: THE EARNINGS ON THE PERMANENT FUNDS ARE TO BE USED FOR AVIATION SAFETY RESEARCH. PART X, LINE 2: MANAGEMENT HAS CONCLUDED THAT THE FOUNDATION HAS PROPERLY MAINTAINED ITS EXEMPT STATUS AND THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024. EAST ASIA AND THE PACIFIC 1 1 PROGRAM SERVICES TRAVEL; CONFERENCES, WOMEN IN AVIATION SCHOLARSHIP INITIATIVE 357000 SOUTH AMERICA 0 0 PROGRAM SERVICES CONFERENCES 270000 NORTH AMERICA 0 0 PROGRAM SERVICES CONSULTING FEES; WOMEN IN AVIATION SCHOLARSHIP INITIATIVE 165000 EUROPE 0 0 PROGRAM SERVICES CONFERENCES; CONSULTING FEES 42000 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES CONFERENCES; WOMEN IN AVIATION SCHOLARSHIP INITIATIVE 4000 1 1 0 0 1 1 838000 0 838000 0 0 0 0 0 0 1 X X X X 0 1 0 0 0 0 0 0 0 HASSAN SHAHIDI PRESIDENT/CEO 335968 0 0 0 23000 0 27200 0 42269 0 428437 0 0 0 FRANCIS JACKMAN VP COMMUNICATIONS 165482 0 0 0 0 0 13600 0 42545 0 221627 0 0 0 HARRISON WOLF PROGRAM DIRECTOR, ADVANCED 154888 0 0 0 0 0 13200 0 31410 0 199498 0 0 0 MARK MILLAM PROGRAM DIRECTOR, SAFETY 124866 0 0 0 0 0 9350 0 22539 0 156755 0 0 0 PART I, LINE 4B AMOUNTS REPORTED ON FORM 990 INCLUDE DEFERRED COMPENSATION ACCRUED UNDER A 457(F) PLAN THAT REMAINS SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE AND IS NOT YET TAXABLE TO THE EMPLOYEE. 457(F) CONTRIBUTIONS: DR. HASSAN SHAHIDI - $67,000 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE WITH THE CONTROLLER AND CEO AS WELL AS BEING REVIEWED BY THE CONTROLLER WITH THE TAX PREPARERS BEFORE BEING FILED. THE FINANCE COMMITTEE REPORTS ITS FINDINGS TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY WILL BE REVIEWED ANNUALLY AT THE FIRST BOARD OF GOVERNORS MEETING OF EACH YEAR AND SIGNED BY EACH DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 THE CEO/PRESIDENT'S COMPENSATION PACKAGE IS REVIEWED BY A COMMITTEE OF INDEPENDENT OFFICERS AND LEGAL COUNSEL WHO HAVE ACCESS TO DATA AND PROVIDE A WRITTEN THREE-YEAR CONTRACT TO THAT INDIVIDUAL. ALL OTHER EMPLOYEE SALARIES ARE REVIEWED WHEN ADJUSTMENTS ARE APPROPRIATE USING DATA OBTAINED FROM NONPROFIT SALARY AND BENEFIT SURVEYS. THIS DATA IS COMPILED BY THE CONTROLLER FOR REVIEW BY THE CEO/PRESIDENT WHO THEN APPROVES ANY INCREASES, BONUSES, AND SALARY/COMPENSATION ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 19 ANY REQUEST FOR ACCESS TO REVIEW THE DOCUMENTS WILL BE PROMPTLY PROVIDED DURING REGULAR BUSINESS HOURS AT THE FLIGHT SAFETY FOUNDATION OFFICE IN ALEXANDRIA, VA. ANY REQUESTS FOR COPIES OF SUCH INFORMATION WILL BE PROVIDED PROMPTLY UPON PAYMENT OF A REASONABLE PRICE PER PAGES COPIED. FORM 990, PART IX, LINE 11G AUTHORS FEES: PROGRAM SERVICE EXPENSES 20,796. MANAGEMENT AND GENERAL EXPENSES 3,834. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,630. CONSULTANTS: PROGRAM SERVICE EXPENSES 684,874. MANAGEMENT AND GENERAL EXPENSES 126,244. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 811,118. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 5,152. MANAGEMENT AND GENERAL EXPENSES 950. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,102. FLIGHT SAFETY FOUNDATION LTD PO BOX 3026 MELBOURNE AS 3001 HOLDING COMPANY AS FSF 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0