2020-09-25T15:45:37-05:00 2019-12-31 521446779 JOHNSON LAMBERT LLP 4242 SIX FORKS ROAD SUITE 1500 RALEIGH NC 27609 990 2019-01-01 135656187 FLIGHT SAFETY FOUNDATION INC FLIG 7037396700 701 N FAIRFAX STREET NO 250 ALEXANDRIA VA 223142058 DR HASSAN SHAHIDI PRESIDENT & CEO 7037396700 2020-09-25 1 J CALVIN MARKS P01226973 9197196400 34.206.232.202 2020-09-25 15:45:32 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 75F1779BA68A735F9CB0B3115F257B873EEC838E 2019 2021-01-29 14:40:06Z DR HASSAN SHAHIDI 701 N FAIRFAX STREET NO 250 ALEXANDRIA VA 223142058 2854023 0 X WWW.FLIGHTSAFETY.ORG X 1945 NY BE THE LEADING INDEPENDENT AND IMPARTIAL VOICE OF SAFETY FOR THE GLOBAL AEROSPACE/AVIATION COMMUNITY. 25 25 12 28 9442 -1000 827466 72208 2589157 2720508 27605 24030 -2748 227 3441480 2816973 0 0 0 0 1811277 1750118 0 0 0 1734411 1477635 3545688 3227753 -104208 -410780 2421574 1963090 1032797 902931 1388777 1060159 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 795523 659119 SEMINARS - FSF HOSTS FOUR SAFETY SEMINARS A YEAR (SASS IN SINGAPORE, BASS IN THE US, NETWORKING DINNER IN WASHINGTON DC, AND IASS USUALLY AT AN INTERNATIONAL LOCATION, IN 2019, IT WAS IN TAIPEI). 639977 385839 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. SOME OF THE FUNDED PROGRAMS ARE DETAILED IN THE NEXT FEW BULLET POINTS:-ASIA PACIFIC SAFETY DATA SHARING DEMONSTRATION PROJECT-SKYBRARY: FSF PROVIDES CONTENT REVIEW AND EDITORIAL SUPPORT THAT DIRECTLY BENEFITS EUROCONTROL.-FSF PRODUCED AND PUBLISHED A PAPER FOR AIREON DESCRIBING THE APPLICATION OF SPACE-BASED SURVEILLANCE IN DEVELOPING SPIS AND AVIATION SAFETY INTELLIGENCE TO ENHANCE GLOBAL AVIATION SAFETY. 548960 9442 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. 363079 1666108 MEMBERSHIP SERVICES 363079 1666108 2347539 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 15 0 1 12 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 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 701 N FAIRFAX ST STE 250 ALEXANDRIA VA 223142058 HASSAN SHAHIDI PRESIDENT/CEO (FROM JAN '19) 40.00 X 289808 0 16556 FRANCIS L JACKMAN VP COMMUNICATIONS (TO DEC '19) 40.00 X 165309 0 42017 MARK MILLAM VP TECHNICAL 40.00 X 164088 0 31374 JON BEATTY PRESIDENT/CEO (TO JAN '19) 40.00 X 158613 0 4129 LOUISE MARTIN DIRECTOR OF MEMBERSHIP 40.00 X 114618 0 18251 BRETT EASTHAM VP BUSINESS DEV/CFO (TO JUL '19) 40.00 X 111826 0 11550 CONOR NOLAN CHAIRMAN 2.00 X X 0 0 0 JOHN HAMILTON PAST CHAIRMAN 2.00 X X 0 0 0 KENNETH P QUINN ESQ GEN COUNSEL/SECRETARY 1.00 X X 0 0 0 JOHN WATRET TREASURER (FROM JUL '19) 1.00 X X 0 0 0 CAESAR ARROYO DIRECTOR 1.00 X 0 0 0 WARREN CHRISTIE DIRECTOR 1.00 X 0 0 0 HAROLD O DEMUREN DIRECTOR 1.00 X 0 0 0 HENRY DONOHOE DIRECTOR 1.00 X 0 0 0 CARL ESPOSITO DIRECTOR 1.00 X 0 0 0 MICHAEL GAMLIN DIRECTOR 1.00 X 0 0 0 SHAI GILL DIRECTOR 1.00 X 0 0 0 PEGGY GILLIGAN DIRECTOR (FROM JUL '19) 1.00 X 0 0 0 MARCO TULIO GRASSI DIRECTOR (FROM NOV '19) 1.00 X 0 0 0 TAY TIANG GUAN DIRECTOR 1.00 X 0 0 0 GRETCHEN HASKINS DIRECTOR 1.00 X 0 0 0 DANNY C HO DIRECTOR 1.00 X 0 0 0 CRAIG HOSKINS DIRECTOR 1.00 X 0 0 0 TIM JENKINS DIRECTOR 1.00 X 0 0 0 YANNICK MALINGE DIRECTOR 1.00 X 0 0 0 TERRY L MCVENES DIRECTOR 1.00 X 0 0 0 HOLGER PAULMANN DIRECTOR 1.00 X 0 0 0 MICHAEL QUIELLO DIRECTOR 1.00 X 0 0 0 CAMERON ROSS DIRECTOR 1.00 X 0 0 0 PETER STEIN DIRECTOR 1.00 X 0 0 0 HAYDAR YALCIN DIRECTOR 1.00 X 0 0 0 1004262 0 123877 6 0 1 0 KAI TAI FUNG INTERNATIONAL CO LTD 158 DUNHUA N RD TAIPEI TW 10548 IASS HOTEL 225177 MITRE CORPORATION 7515 COLSHIRE DR MCLEAN VA 22102 AP SHARE WORK 187500 2 68434 3774 72208 MEMBER DUES 900099 1666108 1666108 SEMINAR FEES 900099 659119 659119 COMMERCIAL CONTRACTS 900099 385839 385839 PUBLICATIONS/SUBSCRIPT 541800 9442 9442 2720508 24030 24030 7223 7223 28329 68434 37050 -8721 -8721 1725 1725 1725 2816973 2711066 9442 24257 X 592482 426967 165515 765488 551642 213846 49331 35550 13781 239308 172455 66853 103509 74593 28916 413 303 110 56915 41689 15226 7924 7924 394174 288724 105450 4449 3259 1190 80837 46940 33897 71757 43156 28601 201024 114110 86914 90229 24046 66183 478851 471769 7082 432 271 161 51164 32342 18822 19378 11000 8378 PROFESSIONAL DEVELOPMEN 7019 3048 3971 LICENSES AND PERMITS 6292 2732 3560 AWARDS EXPENSE 4093 1777 2316 2684 1166 1518 3227753 2347539 880214 0 758146 728809 246220 59005 74911 90396 54548 9241 56718 30850 279180 200160 127129 79020 926620 731355 132193 279503 2421574 1963090 207834 87771 797719 546075 27244 269085 1032797 902931 X 1330397 1001659 58380 58500 1388777 1060159 2421574 1963090 X -410780 102553 -20391 X 0 1 X 1 0 X 4016249 3775019 2923754 2436951 1738316 14890289 640527 747571 684408 999713 1073287 4145506 4656776 4522590 3608162 3436664 2811603 19035795 74912 75474 11244 18250 179880 0 74912 75474 11244 18250 179880 18855915 27188 20581 22491 36008 31253 137521 27188 20581 22491 36008 31253 137521 297542 91280 13675 1627 1725 405849 4981506 4634451 3644328 3474299 2844581 19579165 0.96310 0.95430 0.00700 0.00650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32500 32500 32500 32500 32500 32500 32500 32500 32500 32500 1.00000 0 0 47420 36882 10538 231760 163278 68482 79020 RIGHT OF USE ASSET 225979 SECURITY DEPOSITS 53524 279503 CAPITAL LEASE OBLIGATION 269085 269085 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, 2019. EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES SASS, GSIP, IASS 325000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES GSIP, ASAA, AND IASS 21000 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES GSIP 6000 SOUTH AMERICA 0 0 PROGRAM SERVICES GSIP 2000 0 0 0 0 0 0 354000 0 354000 0 0 0 0 0 0 PART III ACCOUNTING METHOD: BENEFIT DINNER 96763 68434 28329 34596 540 1914 96763 68434 28329 34596 540 1914 37050 -8721 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 HASSAN SHAHIDI PRESIDENT/CEO (FROM JAN '19) 289808 0 0 0 0 0 14490 0 2066 0 306364 0 0 0 FRANCIS L JACKMAN VP COMMUNICATIONS (TO DEC '19) 165309 0 0 0 0 0 7733 0 34284 0 207326 0 0 0 MARK MILLAM VP TECHNICAL 164088 0 0 0 0 0 7695 0 23679 0 195462 0 0 0 JON BEATTY PRESIDENT/CEO (TO JAN '19) 58613 0 100000 0 0 0 1313 0 2816 0 162742 0 0 0 PART I, LINE 1A THE CHAIRMAN WAS ELIGIBLE FOR AND RECEIVED FIRST CLASS TRAVEL. IT WAS NOT INCLUDED IN TAXABLE INCOME. 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 CFO 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 23,521. MANAGEMENT AND GENERAL EXPENSES 8,590. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,111. OTHER CONSULTING: PROGRAM SERVICE EXPENSES 263,264. MANAGEMENT AND GENERAL EXPENSES 96,152. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 359,416. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 1,939. MANAGEMENT AND GENERAL EXPENSES 708. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,647. FORM 990, PART XI, LINE 9: IMPACT OF ASC 842 ADOPTION -20,391. 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