Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Figure 1 Foundation
990EZ • Fiscal year 2022 • EIN 81-1644762
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.17x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
61st percentile
Faster revenue growth than 61% of similar nonprofits.
Balance Sheet
Assets
Up$175,363
Up $33,703 (+24%) from 2021
Net Assets
Up$145,030
Up $33,703 (+30%) from 2021
Liabilities
Flat$30,333
Flat from 2021
Revenue And Expenses
Revenue
Up$80,541
Up $15,181 (+23%) from 2021
Expenses
Up$46,838
Up $6,598 (+16%) from 2021
Net Income
Up$33,703
Up $8,583 (+34%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Oct 30, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $80,541
Mission and Program Overview
Mission
Sponsorship of aviation licensing.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| AWARDS SCHOLARSHIPS TO SUPPORT APPLICANTS SEEKING PILOT'S LICENSES, TAIL WHEEL PILOT'S LICENSES, FAA SPIN ENDORSEMENTS, AND AEROBATIC JUDGE CERTIFICATION. | $0 | $11,306 |
| SPONSORSHIP OF AVIATION LICENSING. | $0 | $11,305 |
| AWARDS SCHOLARSHIPS TO SUPPORT APPLICANTS SEEKING AVIATION CERTIFICATION. | $0 | $11,305 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROBERT OLMSTED | Director/President | PT | $0 | - | - |
| AJ WILDER | Director/Treasurer | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Figure 1 Foundation
- EIN
- 81-1644762
- Phone
- 3102042290
- Address
- 5550 TOPANGA CANYON BLVD 155, WOODLAND HILLS, CA 91367
Signing Officer
- Name
- Aj Wilder
- Title
- President
- Phone
- 3102042290
- Signed
- 2023-10-30
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Leitner Zander & Co Llp
- Address
- 5550 TOPANGA CANYON BLVD SUITE 155, WOODLAND HILLS, CA 91367
- Preparer
- Howard D Leitner
- Phone
- 3108201601
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 13,944.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank charges. Amount: 1,760. Description: training. Amount: 10,280. Description: advertising. Amount: 10,035. Description: dues. Amount: 650. Description: fees. Amount: 50. Description: supplies. Amount: 3,401. Description: website maintenance. Amount: 216. Description: repairs. Amount: 6,502. Total to form 990-ez, line 16: 32,894.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: other depreciable assets. Beg. Of year amount: 40,896. End of year amount: 26,952.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: deposits. Beg. Of year amount: 30,333. End of year amount: 30,333.”
Raw XML Appendix162 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | FIGURE I FOUNDATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3102042290 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3859 CARDIFF AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CULVER CITY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90230 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 100764 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 148411 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 80541 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 33703 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 141660 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 175363 |
| IRS990EZ/GrossReceiptsAmt | 0 | 80541 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 111327 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 145030 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 111327 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 145030 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 13944 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 15.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROBERT OLMSTED |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | AJ WILDER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR/PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR/TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 40896 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 26952 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 32894 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SPONSORSHIP OF AVIATION LICENSING. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SPONSORSHIP OF AVIATION LICENSING. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | AWARDS SCHOLARSHIPS TO SUPPORT APPLICANTS SEEKING AVIATION CERTIFICATION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | AWARDS SCHOLARSHIPS TO SUPPORT APPLICANTS SEEKING PILOT'S LICENSES, TAIL WHEEL PILOT'S LICENSES, FAA SPIN ENDORSEMENTS, AND AEROBATIC JUDGE CERTIFICATION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 11305 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 11305 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 11306 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 30333 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 30333 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 46838 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 33916 |
| IRS990EZ/TotalRevenueAmt | 0 | 80541 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | FIGURE1FOUNDATION.COM |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 80541 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 65360 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 19857 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 96050 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 74460 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 336268 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 336268 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 80541 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 65360 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 19857 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 96050 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 74460 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 336268 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 80541 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 65360 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 19857 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 96050 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 74460 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 336268 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DEPRECIATION. AMOUNT: 13,944. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: BANK CHARGES. AMOUNT: 1,760. DESCRIPTION: TRAINING. AMOUNT: 10,280. DESCRIPTION: ADVERTISING. AMOUNT: 10,035. DESCRIPTION: DUES. AMOUNT: 650. DESCRIPTION: FEES. AMOUNT: 50. DESCRIPTION: SUPPLIES. AMOUNT: 3,401. DESCRIPTION: WEBSITE MAINTENANCE. AMOUNT: 216. DESCRIPTION: REPAIRS. AMOUNT: 6,502. TOTAL TO FORM 990-EZ, LINE 16: 32,894. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 40,896. END OF YEAR AMOUNT: 26,952. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: DEPOSITS. BEG. OF YEAR AMOUNT: 30,333. END OF YEAR AMOUNT: 30,333. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | AJ WILDER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3102042290 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-10-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FIGURE 1 FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FIGU |
| ReturnHeader/Filer/EIN | 0 | 811644762 |
| ReturnHeader/Filer/PhoneNum | 0 | 3102042290 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 5550 TOPANGA CANYON BLVD 155 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WOODLAND HILLS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 91367 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 954213059 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LEITNER ZANDER & CO LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5550 TOPANGA CANYON BLVD SUITE 155 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WOODLAND HILLS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 91367 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3108201601 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-10-28 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | HOWARD D LEITNER |
| ReturnHeader/ReturnTs | 0 | 2023-11-08T16:31:31-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | AJ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | WILDER |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $175,363
- Liabilities
- $30,333
- Net assets
- $145,030
- Revenue
- $80,541
- Expenses
- $46,838
- Net income
- $33,703