Sr-71 Blackbird Foundation
- Assets
- $0.0
- Revenue
- -$8.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Pacific Palisades, CA
- Founding
- 04/2019
- Data as of
- 08/2023
- EIN
- 83-1464109
Organization Overview
Sr-71 Blackbird Foundation is located in Pacific Palisades, CA. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sr-71 Blackbird Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAD A HEAVY EMPHASIS ON EVALUATING THE STRUCTURAL SOUNDNESS OF THE WORKING REPORDUCTION OF THE SR-71 BLACKBIRD AIRCRAFT. THE FOUNDATION WAS NOT ABLE TO VERIFY ORGUARANTEE THE SAFETY OR THE STRUCTURAL SOUNDNESS OF THE AIRCRAFT WITHOUT A HUGE COST INCREASE TO THE PROJECT. THE DECISION WAS MADE TO ABANDON THE PROJECT AND CLOSE THE FOUNDATION.THE FOUNDATION WAS ALSO IN THE PROCESS OF COMPILING PHOTOS, WRITTEN AND ORAL HISTORIES TO DOCUMENT THE HISTORY OF THIS UNIQUE AIRCRAFT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis A Tito President/director | 2.5 | $0 | |
Julie Bennett Treasurer | 1 | $0 | |
Morgan Sandercock Director | 5 | $0 | |
Krystyna Abba Secretary | 2.5 | $0 | |
Christopher Bennett Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sierra Technical Services | 12/30/22 | $975,425 |
Desert Aerospace | 12/30/22 | $585,028 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,747,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,868,550 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$8,121,550 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,689 |
| Contributions, gifts, grants paid | $4 |
| Total expenses and disbursements | $1,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |