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Nonprofit · EIN 88-3224467

FUTURE AVIATORS CHARITABLE FOUNDATION INC

Tax-exempt · CARMEL, IN 46032

Financials

$513K$34K2023$207K$3K2024$51K$38K2025
Revenue Expenses · by fiscal year end
Financials of FUTURE AVIATORS CHARITABLE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$50,831$37,567$13,264$696,363$0$696,363
December 31, 2024990$206,952$2,658$204,294$683,099$0$683,099
December 31, 2023990$512,607$33,802$478,805$478,805$0$478,805
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$43,800
Program service revenue
$0
Investment income
$7,031
Other revenue
$0

Expenses

Grants and similar amounts paid
$35,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$35,000
Management and general (functional)
$2,567

Balance sheet and other

Total assets, start of year
$683,099
Total assets, end of year
$696,363
Total liabilities, end of year
$0
Net assets, end of year
$696,363
Net assets without donor restrictions
$509,723
Net assets with donor restrictions
$186,640
Gross receipts
$50,831
Employees
0
Volunteers
5
Year formed
2022
State of legal domicile
IN

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOSEPH ALLMANVICE PRESIDENT
Trustee or director, Officer
2$0
CHAD PULLEYPRESIDENT
Trustee or director, Officer
2$0
TERESA GRIFFINSECRETARY
Trustee or director, Officer
2$0
SCOTT HORNBACKTREASURER
Trustee or director, Officer
2$0
ELIZABETH MOTTLEYDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
JOSEPH ALLMANVICE PRESIDENT
Trustee or director, Officer
2$0
CHAD PULLEYPRESIDENT
Trustee or director, Officer
2$0
TERESA GRIFFINSECRETARY
Trustee or director, Officer
2$0
SCOTT HORNBACKTREASURER
Trustee or director, Officer
2$0
ELIZABETH MOTTLEYDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JOSEPH ALLMANVICE PRESIDENT
Trustee or director, Officer
2$0
CHAD PULLEYPRESIDENT
Trustee or director, Officer
2$0
TERESA GRIFFINSECRETARY
Trustee or director, Officer
2$0
SCOTT HORNBACKTREASURER
Trustee or director, Officer
2$0
ELIZABETH MOTTLEYDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
2 BRICKYARD LN, CARMEL, IN 46032-0059
In care of
% TARA KAMM
Principal officer (990 for 2025)
SCOTT HORNBACK, 2 BRICKYARD LANE, CARMEL, IN 46032
Signed the 990
SCOTT HORNBACK, TREASURER
Phone
(317) 484-6023
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

OUR MISSION IS TWOFOLD: GIVE THOSE IN NEED AN OPPORTUNITY TO BEGIN A CAREER AS A COMMERCIAL AIRLINE PILOT AND EDUCATE YOUNG ADULTS ON THE MANY OPPORTUNITIES THE FIELD OF AVIATION HAS TO OFFER. ACCORDING TO THE BOEING PILOT AND TECHNICIAN OUTLOOK, 763,000 PILOTS AND TECHNICIANS ARE NEEDED BY THE YEAR 2039 TO FLY AND MAINTAIN THE GLOBAL FLEET. FACF IS HOPING TO SHOW THAT AVIATION CAN BE FOR ALL, NOT JUST A FEW, AND THAT WE CAN EXPAND THE POOL OF TALENTED AVIATION PROFESSIONALS IN OUR INDUSTRY. WE'RE LOOKING FOR DONORS WITH KIND HEARTS AND A LOVE OF FLYING.

990 for the year ended December 31, 2025

Program accomplishments

  • THE FUTURE AVIATORS CHARITABLE FOUNDATION WANTS AVIATION IN THE MINDS OF MORE PEOPLE. OUR GOAL IS TO HELP THOSE WHO DREAM OF BECOMING COMMERCIAL AIRLINE PILOTS REACH THE SKY. FOR THOSE WHO DON'T KNOW WHERE TO BEGIN OR DON'T HAVE THE MEANS, WE CAN HELP PUT YOU ON THE ROAD TO AN AVIATION CAREER IN THE FLIGHT DECKS OF SOME OF THE WORLD'S MOST PRESTIGIOUS AIRLINES. WE OFFER SCHOLARSHIPS TO FLIGHT SCHOOLS AND PROVIDE FUNDING FOR COMMUNITY OUTREACH PROGRAMS, GIVING UNDERSERVED AND UNDERREPRESENTED COMMUNITIES THE POWER TO TAKE THE LEAP AND GET INTO THE WORLD OF AVIATION. THE SCHOLARSHIP PORTION OF THE FOUNDATION IS THE PRIMARY FOCUS OF THE FUTURE AVIATORS CHARITABLE FOUNDATION (FACF). IT PROVIDES SCHOLARSHIPS TO UNDERSERVED AND UNDERREPRESENTED GROUPS AND COMMUNITIES FOR THE PRIMARY PURPOSE OF BRINGING A MORE DIVERSE GROUP OF HIGHLY QUALIFIED PILOTS INTO THE COMMERCIAL AVIATION ARENA. THE SCHOLARSHIPS ARE AWARDED TO HIGH-POTENTIAL INDIVIDUALS WHO DESIRE TO BECOME COMMERCIAL AIRLINE PILOTS AND WHO MEET SPECIFIC ELIGIBILITY REQUIREMENTS. THE SCHOLARSHIPS MUST BE USED AT A PART 141 FLIGHT SCHOOL/ACADEMY WHICH HAS A DIRECT PATHWAY TO A COMMERCIAL AIRLINE.
    Expenses $35,000 · grants $35,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
88-3224467
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$696,363
Income (IRS master file)
$50,831

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$50,831$37,567$696,363XML
990December 2024$206,952$2,658$683,099XML
990December 2023$512,607$33,802$478,805XML

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 88-3224467).

Questions about FUTURE AVIATORS CHARITABLE FOUNDATION INC

What is the EIN of FUTURE AVIATORS CHARITABLE FOUNDATION INC?
The employer identification number (EIN) of FUTURE AVIATORS CHARITABLE FOUNDATION INC is 88-3224467.
Is FUTURE AVIATORS CHARITABLE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to FUTURE AVIATORS CHARITABLE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FUTURE AVIATORS CHARITABLE FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FUTURE AVIATORS CHARITABLE FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FUTURE AVIATORS CHARITABLE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FUTURE AVIATORS CHARITABLE FOUNDATION INC?
The 990 for the year ended December 31, 2025 names SCOTT HORNBACK.
Who are the officers and directors of FUTURE AVIATORS CHARITABLE FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does FUTURE AVIATORS CHARITABLE FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $50,831, expenses of $37,567 and total assets of $696,363 at year end.

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