CSCharityScored
67

First Flight Venture Center Inc

Community Development · Durham, North Carolina

2 Davis Dr, Durham, NC 27709-0003

EIN: 561752731· Founded: Apr 1993· 33 years active· Filing Year: 2023

Annual Revenue

$1.5M

Total Expenses

$1.3M

Total Assets

$2.1M

Program Spending

62%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$177K

14.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$320K

Total Payroll

$497K

39% of total expenses

Where the Money Goes

62%
Programs: 62%
Payroll: 39%
Other overhead: 38%
Program Revenue$777K (51%)
Total Expenses$1.3M (82%)
Payroll$497K (39%)
Overhead (non-program)38%

Trust Score Breakdown

Program Spending Ratio

62% of expenses go to programs

40%

Revenue & Stability

$1.5M annual revenue

15%

Executive Compensation

$177K total officer comp (14.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$2.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.