Flight Safety Foundation INC
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Advocates for global aerospace safety, providing an independent and impartial voice. For fiscal year 2024 it reported $5.1M in revenue, $4.7M in expenses, and $3.3M in net assets.Pt I
Summary of the Filing
Where the work happens
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…
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.
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…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Hassan Shahidi’s $359K as President/CEO is at the 99th percentile of top reported officer pay among 433 $1–10M public safety & disaster nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Hassan Shahidi | $358,968 | $336,423 | $337,554 | $353,688 | $276,406 |
| Mark Millam | $124,866 | — | $179,560 | $177,140 | $162,557 |
| Francis Jackman | $165,482 | $160,232 | $167,075 | $153,349 | — |
| Harrison Wolf | $154,888 | $115,824 | — | — | — |
| Brian Holguin | — | $138,067 | — | — | — |
| Louise Martin | — | — | — | $123,716 | $118,716 |
| Kerry Benik | $118,587 | — | — | — | — |
| Claudia Johnson | $117,576 | $106,352 | $108,660 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 81% | — | — |
| Overhead ratio | 19% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 27% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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