Citation Jet Pilots Safety And Education Foundation Inc
- Assets
- $314.5k
- Revenue
- $637.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Enterprise, FL
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 82-2883816
Organization Overview
Citation Jet Pilots Safety And Education Foundation Inc is located in Enterprise, FL. The organization was established in 2018. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Citation Jet Pilots Safety And Education Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CONTRIBUTE TO THE POSITIVE FUTURE OF AVIATION THROUGH SELECTED EDUCATIONAL SCHOLARSHIPS, INCLUDING SPECIFICALLY AVIATION EDUCATION SCHOLARSHIPS FOR STUDENTS SEEKING AN AVIATION DEGREE.
PROMOTING FLIGHT SAFETY FOR PILOTS OF TURBOFAN POWERED AIRCRAFT BEARING THE TEXTRON AVIATION (INCLUDING ANY SUCCESSOR THERETO) BRAND "CITATION".
GOLD STANDARD AWARD PROGRAM - RECOGNIZING CITATION PILOTS WHO HAVE TAKEN INITIATIVE TO TRAIN BEYOND THE REQUIRED STANDARD.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlie Precourt Director | Trustee | 3 | $60,000 |
Tom Abood Chair | OfficerTrustee | 4 | $0 |
Randy Broiles Vice Chair | OfficerTrustee | 3 | $0 |
Chick Gregg Secretary And Treasurer | OfficerTrustee | 3 | $0 |
Andrew H Broom Former CEO Until July 2021 | Officer | 10 | $0 |
Chris Provencio Industry Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $637,068 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $637,068 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $637,068 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $179,140 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,004 |
| Fees for services: Accounting | $4,532 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,008 |
| Advertising and promotion | $2,000 |
| Office expenses | $7,098 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,654 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $584,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $314,548 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $314,548 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $314,548 |
| Total liabilities and net assets/fund balances | $314,548 |
Grants Awarded
Over the last fiscal year, Citation Jet Pilots Safety And Education Foundation Inc has awarded $174,445 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Daytona Beach, FL PURPOSE: SCHOLARSHIPS | $89,711 |
Dallas, TX PURPOSE: SCHOLARSHIPS | $29,500 |
EPIC AVIATION EDUCATION AND SAFTEY FOUNDATION INC PURPOSE: SCHOLARSHIPS | $16,734 |
Santa Monica, CA PURPOSE: SCHOLARSHIPS | $10,000 |
Minneapolis, MN PURPOSE: SCHOLARSHIPS | $10,000 |
Melbourne, FL PURPOSE: SCHOLARSHIPS | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Citation Jet Pilots Safety And Education Foundation Inc has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
The American Center For Philanthropy Inc Northfield, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $50,000 |
Community Foundation Of The Quincy Area Quincy, IL PURPOSE: CJP FOUNDATION GENER | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bay Haven Charter Academy Inc Panama City, FL | $72,477,162 | $30,327,754 |
Circus Arts Conservatory Inc Sarasota, FL | $8,250,938 | $3,678,261 |
Youth Automotive Training Center Of Broward Inc Deerfield Beach, FL | $53,993,495 | $5,483,147 |
Edventure Charter School Inc Hypoluxo, FL | $1,173,630 | $2,133,014 |
Believers Academy Inc West Palm Beach, FL | $1,332,397 | $2,105,906 |
Central Florida Leadership Academy Orlando, FL | $907,146 | $949,448 |
Donna J Beasley Tri-County Apprenticeship Academy Inc Fort Myers, FL | $2,484,680 | $1,196,685 |
Georgia Association For Career & Technical Education Inc Marietta, GA | $923,695 | $850,463 |
Suncoast Developers Guild Inc Saint Petersburg, FL | $243,974 | $739,389 |
Citation Jet Pilots Safety And Education Foundation Inc Enterprise, FL | $314,548 | $637,068 |
Florida School Of Traditional Midwifery Inc Gainesville, FL | $713,081 | $663,052 |
Florida Association For Career And Technical Education Inc Tallahassee, FL | $536,597 | $623,685 |