First Flight Society Incorporated
Nonprofit profile at a glance
- EIN
- 237365923
- IRS 990-EZ coverage
- 2013–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Kitty Hawk, NC, USA
- Phone
- 2524411903
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $33,438
- Expenses
- $30,883
- Assets
- $118,718
- Liabilities
- $26,887
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- PAUL WRIGHT JAMESON (PRESIDENT)
- LYNN TADLOCK (VICE PRESIDENT)
- MICHAEL FONSECA (PAST PRESIDENT)
People named in this filing
- PAUL WRIGHT JAMESON (PRESIDENT)
- LYNN TADLOCK (VICE PRESIDENT)
- WILLIAM DOUGLAS (CHAIR NATIONAL ADVISORY COMMITTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See attached schedule o
What it reported doing in 2025
National aviation day
Operating model
- Revenue model
- Donor-supported. 60% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 33
- Transparency & Controls: 82
- Sustainability: 52
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 32.3%; rating input score 32
- Program expense ratio: 35%; rating input score 35
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7.6%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 3.84; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 17.8%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: -11.6% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: -1.9% per year; rating input score 0; 43rd percentile among comparable filings
- Asset growth: 3.7% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 32.3% of revenue deployed · 35% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $11K in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2013 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
- Moderate — Financial Efficiency: Program expense ratio scored 35/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.