First Flight Venture Center Inc
TO PROPEL EARLY-STAGE SCIENCE COMPANIES THROUGH THE DELIVERY OF COMPREHENSIVE RESOURCES, AND TO EMPOWER INNOVATORS TO TRANSFORM GOOD IDEAS INTO GREAT SUCCESSES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.8M
+498.5% YoY
Revenue
$12.1M
+690.7% YoY
Net Investment Income
$251K
+10163.9% YoY
Expenses
$1.6M
+23.7% YoY
About First Flight Venture Center Inc
Based on IRS filings
First Flight Venture Center Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in RESEARCH TRIANGLE PARK, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.8M in total assets. Net investment income was $251K.
Focus Areas
Ready to take the next step with First Flight Venture Center Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,834,460 | $2,144,263 | $2,004,439 |
| Revenue | $12,132,561 | $1,534,311 | $1,426,319 |
| Expenses | $1,561,799 | $1,262,131 | $1,425,952 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $250,543 | $2,441 | $496 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY MUSACCHIA | BOARD CHAIR | 1 | — |
| KENNETH TINDALL | SECRETARY | 1 | — |
| LEBONE MOSES | TREASURER | 1 | — |
| JEAN DAVIS | DIRECTOR | 1 | — |
| PAULA HENDERSON | DIRECTOR | 1 | — |
| JAMES NICHOLS | DIRECTOR | 1 | — |
| MARY BETH THOMAS | DIRECTOR | 1 | — |
| DAN O'KORN | DIRECTOR | 1 | — |
| KRISTA COVEY | PRESIDENT | 40 | $179,000 |
| EMIL RUNGE IV | PROGRAM MANAGER | 40 | $105,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is First Flight Venture Center Inc?
First Flight Venture Center Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in RESEARCH TRIANGLE PARK, NC. It holds $12.8M in total assets as of 2024.
How large is First Flight Venture Center Inc?
As of 2024, First Flight Venture Center Inc holds $12.8M in total assets with $12.1M in annual revenue.
Where does First Flight Venture Center Inc operate?
First Flight Venture Center Inc has awarded grants in North Carolina.
What is First Flight Venture Center Inc's EIN?
First Flight Venture Center Inc's EIN (Employer Identification Number) is 56-1752731. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in First Flight Venture Center Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Hillbrook Gkp Iii Foundation Inc
GREENSBORO, NC
Assets
$32K
Grants
1
Total Given
$2K
Rotary Club of Salisbury Charities
SALISBURY, NC
Assets
$39K
Grants
1
Total Given
$50K
Ihope Foundation
GREENSBORO, NC
Assets
$10K
Grants
1
Total Given
$20K
Flow Foundation Inc
WINSTONSALEM, NC
Assets
$395K
Grants
53
Total Given
$1.5M
Orange County Partnership for Young
HILLSBOROUGH, NC
Assets
$477K
Grants
18
Total Given
$2.1M
North Carolina Baptist Hospital
WINSTONSALEM, NC
Assets
$2.8B
Grants
17
Total Given
$634K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with First Flight Venture Center Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching First Flight Venture Center Inc to a real strategy.