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Nonprofit · EIN 52-1297129

VAI FOUNDATION INC

Tax-exempt · ALEXANDRIA, VA 22314

Financials

$608K$3902022$24K$2682023
Revenue Expenses · by fiscal year end
Financials of VAI FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990-EZ$24,150$268$23,882$11,264$0$11,264
June 30, 2023990$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.

NameTitleHours / weekCompensation
James ViolaPresident and CEO1$0
Sarah ArnoldCorporate Secretary1$0
Nicole BattjesChair1$0
Mark SchlaefliVice Chair1$0
Rick KeninTreasurer1$0
Brian JorgensonAssistant Treasurer1$0
Paul GottwigDirector1$0
Randal RowlesDirector1$0
Stacy SheardDirector1$0
Robert StallingsDirector1$0
David McCollDirector1$0
H Bryan Brewer IIILegal Advisor1$0
990 for the year ended June 30, 2023: 14 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JAMES VIOLAPRESIDENT AND CEO
Officer
40$0$698,861$18,525
ROXANNE FOXCHIEF OF STAFF (UNTIL 6/2023)
Officer
40$0$218,191$31,168
JEFFREY SMITHCHAIR
Trustee or director, Officer
1$0$0$0
B ADAM HAMMONDVICE CHAIR
Trustee or director, Officer
1$0$0$0
NICOLE BATTJESTREASURER
Trustee or director, Officer
1$0$0$0
MARK SCHLAEFLIASST TREASURER
Trustee or director, Officer
1$0$0$0
BRIAN JORGENSONDIRECTOR
Trustee or director
1$0$0$0
RICK KENINDIRECTOR
Trustee or director
1$0$0$0
RANDAL ROWLESDIRECTOR
Trustee or director
1$0$0$0
STACY SHEARDDIRECTOR
Trustee or director
1$0$0$0
R MILLER STALLINGSDIRECTOR
Trustee or director
1$0$0$0
H BRYAN BREWER IIILEGAL ADVISOR
Trustee or director
1$0$0$0
JONATHAN DANIELSSPECIAL ADVISOR
Trustee or director
1$0$0$0
FRANCOIS LASSALESPECIAL 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.

990-EZ for the year ended June 30, 2024

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026990-N on file
2024June 30, 2025November 17, 2025990-N on file
2023June 30, 2024November 15, 2024990-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

FormYear endedRevenueExpensesAssetsReturn
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-EZJune 2024$24,150$268$11,264IRS
990June 2023$607,742$390$42,932XML
990June 2022$44,400$21,531$17,992IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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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