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Nonprofit · EIN 16-1628557

FREEDOM FLIGHT

Tax-exempt · SOUTHLAKE, TX 76092

Financials

$5K$45K2023
Revenue Expenses · by fiscal year end
Financials of FREEDOM FLIGHT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$5,124$45,052-$39,928$262,589$69,249$193,340
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$5,124
of which government grants
$5,124
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$925
Occupancy
$27,842
Travel
$822
Depreciation
$678
Program services (functional)
$41,494
Management and general (functional)
$3,558

Balance sheet and other

Total assets, start of year
$328,222
Total assets, end of year
$262,589
Total liabilities, end of year
$69,249
Net assets, end of year
$193,340
Land, buildings and equipment
$75,282
Gross receipts
$5,124
Employees
0
Year formed
2002
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
DAVID TATUMPRESIDENT
Officer
–$0
SIERRA PARSONVICE PRESIDE
Officer
–$0
JANET TATUMSECRETARY/ T
Officer
–$0

Address and contacts

Address (IRS master file)
401 NORTH CARROLL AVE STE 197, SOUTHLAKE, TX 76092-6407
In care of
% DAVID TATUM
Mailing address (990-N for 2024)
401 North Carroll Ave Ste 197, Southlake TX 76092
Principal officer (990 for 2023)
DAVID TATUM, 401 N CARROLL AVE SUITE 197, SOUTHLAKE, TX 76092
Principal officer (990-N for 2024)
David Tatum, 401 N Carroll Ave Ste 197, Southlake TX 76092
Signed the 990
DAVID TATUM, PRESIDENT
Phone
(817) 966-2020
Return prepared by
JOHN R JOHNSON PC

Mission

INSPIRE & EDUCATE THE NEXT GENERATION OF PILOTS THROUGH UNIQUE LEARNING OPPORTUNITIES.

990 for the year ended December 31, 2023

Program accomplishments

  • INTRODUCTORY PROGRAM FOR PIOLT TRAINING COMLPETED FOR 2023.
  • OPPERATION OF PROGRAM
    Expenses $41,494

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
16-1628557
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P80)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: David Tatum
December 31, 2024≤ $50,000 receipts––e-Postcard
990December 2023$5,124$45,052$262,589XML
990December 2022$0$98,184$328,222IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1628557).

Questions about FREEDOM FLIGHT

What is the EIN of FREEDOM FLIGHT?
The employer identification number (EIN) of FREEDOM FLIGHT is 16-1628557.
Is FREEDOM FLIGHT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to FREEDOM FLIGHT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FREEDOM FLIGHT file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of FREEDOM FLIGHT due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FREEDOM FLIGHT last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of FREEDOM FLIGHT?
The 990 for the year ended December 31, 2023 names DAVID TATUM.
Who are the officers and directors of FREEDOM FLIGHT?
The 990 for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
How much revenue does FREEDOM FLIGHT have?
On its 990 for the year ended December 31, 2023 it reported revenue of $5,124, expenses of $45,052 and total assets of $262,589 at year end.

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