FIRST FLIGHT VENTURE CENTER INC

Nonpartisan civic infrastructure

First Flight Venture Center INC

Public charity

Community Development · DURHAM, NC · EIN 56-1752731

About

To propel early-stage science companies through the delivery of comprehensive resources, and to empower innovators to transform good ideas into great success.

Donations are tax-deductible

Financial Snapshot

FY ending 2023-12-31

Revenue

$1.5M

Expenses

$1.3M

Assets

$2.1M

Liabilities

$242K

Financial history

$1.5M$767K$0

2223

RevenueExpenses

Latest FY2023: $1.5M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending

—

Lobbying

$48K

Grants Given

—

FIRST FLIGHT VENTURE CENTER INC

Your actions

Address

2 Davis DR

Durham, NC, 27709-000

Governance

Voting board members8

Independent members8

Conflict-of-interest policyNo

Whistleblower policyYes

Doc-retention policyYes

990 reviewed by boardNo

Compensation practices

Severance paymentsNo

Equity-based compNo

Supplemental retirement planNo

Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes

Gross fundraising receipts$66K

Net to org$48K

Retained by contractors$18K

Public records

ProPublica Nonprofit Explorer ↗

Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.

IRS Tax Exempt Organization Search ↗

IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.

These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.