Nonprofit · EIN 52-1297129
VAI FOUNDATION INC
Tax-exempt · ALEXANDRIA, VA 22314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990-EZ | $24,150 | $268 | $23,882 | $11,264 | $0 | $11,264 |
| June 30, 2023 | 990 | $607,742 | $390 | $607,352 | $42,932 | $55,550 | -$12,618 |
Financial details: 990-EZ for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $24,150
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $268
- Program services (functional)
- $268
Balance sheet and other
- Total assets, start of year
- $42,932
- Total assets, end of year
- $11,264
- Total liabilities, end of year
- $0
- Net assets, end of year
- $11,264
- Cash, savings and investments
- $11,264
- Gross receipts
- $24,150
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-EZ for the year ended June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James Viola | President and CEO | 1 | $0 |
| Sarah Arnold | Corporate Secretary | 1 | $0 |
| Nicole Battjes | Chair | 1 | $0 |
| Mark Schlaefli | Vice Chair | 1 | $0 |
| Rick Kenin | Treasurer | 1 | $0 |
| Brian Jorgenson | Assistant Treasurer | 1 | $0 |
| Paul Gottwig | Director | 1 | $0 |
| Randal Rowles | Director | 1 | $0 |
| Stacy Sheard | Director | 1 | $0 |
| Robert Stallings | Director | 1 | $0 |
| David McColl | Director | 1 | $0 |
| H Bryan Brewer III | Legal Advisor | 1 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES VIOLA | PRESIDENT AND CEO Officer | 40 | $0 | $698,861 | $18,525 |
| ROXANNE FOX | CHIEF OF STAFF (UNTIL 6/2023) Officer | 40 | $0 | $218,191 | $31,168 |
| JEFFREY SMITH | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| B ADAM HAMMOND | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| NICOLE BATTJES | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARK SCHLAEFLI | ASST TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRIAN JORGENSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RICK KENIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RANDAL ROWLES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STACY SHEARD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| R MILLER STALLINGS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| H BRYAN BREWER III | LEGAL ADVISOR Trustee or director | 1 | $0 | $0 | $0 |
| JONATHAN DANIELS | SPECIAL ADVISOR Trustee or director | 1 | $0 | $0 | $0 |
| FRANCOIS LASSALE | SPECIAL ADVISOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1920 BALLENGER AVE 4TH FL, ALEXANDRIA, VA 22314-6913
- Mailing address (990-N for 2025)
- 1920 BALLENGER AVE 4TH FL, ALEXANDRIA VA 223146913
- Principal officer (990-N for 2025)
- FRANCOIS LASSALE, 1920 BALLENGER AVE 4TH FL, ALEXANDRIA VA 223146913
- Signed the 990-EZ
- Mike Hertzendorf, COO
- Phone
- (703) 683-4646
- Return prepared by
- Aprio Advisory Group LLC
Mission
The VAI Foundation, Inc. (the Foundation) is organized to promote helicopter safety and education, and to preserve historical data relating to the history and development of the helicopter.
Program accomplishments
- Scholarships: The Foundation offers an array of scholarships to answer the need for both qualified helicopter pilots and maintenance technicians, and to provide further training for safety managers and other professionals in the safety field.Expenses $268
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990-N on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990-N on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 52-1297129
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1983
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: FRANCOIS LASSALE | June 30, 2026 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2024 Officer: FRANCOIS LASSALE | June 30, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | June 2024 | $24,150 | $268 | $11,264 | IRS |
| 990 | June 2023 | $607,742 | $390 | $42,932 | XML |
| 990 | June 2022 | $44,400 | $21,531 | $17,992 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 52-1297129).
Questions about VAI FOUNDATION INC
- What is the EIN of VAI FOUNDATION INC?
- The employer identification number (EIN) of VAI FOUNDATION INC is 52-1297129.
- Is VAI FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to VAI FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VAI FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of VAI FOUNDATION INC due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VAI FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended June 30, 2026.
- Who is the principal officer of VAI FOUNDATION INC?
- The 990-N for 2025 names FRANCOIS LASSALE.
- Who are the officers and directors of VAI FOUNDATION INC?
- The 990-EZ for the year ended June 30, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does VAI FOUNDATION INC have?
- On its 990-EZ for the year ended June 30, 2024 it reported revenue of $24,150, expenses of $268 and total assets of $11,264 at year end.
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