Civic Intelligence

Schaumburg Flying Club Nfp

EIN 01-0746249 • 501(c)7 • Palatine, IL

Profile

To provide safe aircraft for recreational flying

PO Box 1156Palatine, IL 60078

www.schaumburgflyingclub.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.56x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

0.85x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

51st percentile

2.6%

Higher net margin than 51% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

44th percentile

-1.6%

Faster asset growth than 44% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

-13%

Faster revenue growth than 27% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$209,895

Down $3,403 (-1.6%) from 2023

Liabilities

Down

$116,714

Down $7,003 (-5.7%) from 2023

Net Assets

Up

$93,181

Up $3,600 (+4.0%) from 2023

Operations
Liabilities / Revenue94th percentileNet Margin51st percentile

Revenue

Down

$137,358

Down $20,134 (-13%) from 2023

Expenses

Up

$133,758

Up $24,103 (+22%) from 2023

Net Income

Down

$3,600

Down $44,237 (-92%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth44th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0-$100K-$200KAssets 2010: $83,970Liabilities 2010: $164,860Net Assets 2010: -$80,8902010Assets 2011: $62,196Liabilities 2011: $168,046Net Assets 2011: -$105,8502011Assets 2012: $44,855Liabilities 2012: $147,313Net Assets 2012: -$102,4582012Assets 2013: $25,811Liabilities 2013: $139,000Net Assets 2013: -$113,1892013Assets 2014: $27,693Liabilities 2014: $132,777Net Assets 2014: -$105,0842014Assets 2015: $26,799Liabilities 2015: $121,908Net Assets 2015: -$95,1092015Assets 2016: $16,922Liabilities 2016: $114,572Net Assets 2016: -$97,6502016Assets 2017: $43,953Liabilities 2017: $106,734Net Assets 2017: -$62,7812017Assets 2018: $67,006Liabilities 2018: $131,015Net Assets 2018: -$64,0092018Assets 2019: $69,270Liabilities 2019: $121,567Net Assets 2019: -$52,2972019Assets 2020: $116,876Liabilities 2020: $151,562Net Assets 2020: -$34,6862020Assets 2021: $132,771Liabilities 2021: $141,109Net Assets 2021: -$8,3382021Assets 2022: $171,376Liabilities 2022: $129,632Net Assets 2022: $41,7442022Assets 2023: $213,298Liabilities 2023: $123,717Net Assets 2023: $89,5812023Assets 2024: $209,895Liabilities 2024: $116,714Net Assets 2024: $93,1812024

Highlighted filing

2024

Assets$209,895
Liabilities$116,714
Net Assets$93,181
Open 2024 Filing

Operations Trend

Revenue Growth27th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2010: $76,392Expenses 2010: $88,255Net Income 2010: -$11,8632010Revenue 2011: $57,622Expenses 2011: $68,582Net Income 2011: -$10,9602011Revenue 2012: $80,825Expenses 2012: $77,433Net Income 2012: $3,3922012Revenue 2013: $67,295Expenses 2013: $78,026Net Income 2013: -$10,7312013Revenue 2014: $65,583Expenses 2014: $58,730Net Income 2014: $6,8532014Revenue 2015: $68,208Expenses 2015: $64,693Net Income 2015: $3,5152015Revenue 2016: $67,368Expenses 2016: $72,200Net Income 2016: -$4,8322016Revenue 2017: $103,417Expenses 2017: $66,101Net Income 2017: $37,3162017Revenue 2018: $86,739Expenses 2018: $80,513Net Income 2018: $6,2262018Revenue 2019: $93,470Expenses 2019: $76,049Net Income 2019: $17,4212019Revenue 2020: $90,544Expenses 2020: $72,933Net Income 2020: $17,6112020Revenue 2021: $108,031Expenses 2021: $81,683Net Income 2021: $26,3482021Revenue 2022: $143,435Expenses 2022: $93,353Net Income 2022: $50,0822022Revenue 2023: $157,492Expenses 2023: $109,655Net Income 2023: $47,8372023Revenue 2024: $137,358Expenses 2024: $133,758Net Income 2024: $3,6002024

Highlighted filing

2024

Revenue$137,358
Expenses$133,758
Net Income$3,600
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$209,895
Liabilities
$116,714
Net assets
$93,181
Revenue
$137,358
Expenses
$133,758
Net income
$3,600
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.10$1.17$0.93$1.37$1.34$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.13$1.24$0.90$1.57$1.10$0.48
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$1.30$0.42$1.43$0.93$0.50
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$1.41$0.08$1.08$0.82$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$1.52$0.35$0.91$0.73$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$1.22$0.52$0.93$0.76$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$1.31$0.64$0.87$0.81$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.44$1.07$0.63$1.03$0.66$0.37
2016Detailed filing. Detailed filing data is available for this year.$0.17$1.15$0.98$0.67$0.72$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.27$1.22$0.95$0.68$0.65$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.28$1.33$1.05$0.66$0.59$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.26$1.39$1.13$0.67$0.78$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$1.47$1.02$0.81$0.77$0.03
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$1.68$1.06$0.58$0.69$0.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$1.65$0.81$0.76$0.88$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.1
Gross Receipts
$137,358
Mission and Program Overview

Mission

Provide safe aircraft for recreation

Program Services

DescriptionGrantsExpenses
Two airplanes were maintained and available for 20 members of the organization for recreational flying.-$0
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ken JanoschPresident-$0--
Gene WoodsTreasurer-$0--
Jeff PuglielliMaintenance Officier-$0--
Kevin FletcherVice President-$0--
Steven FumaroloSecretary-$0--
Sean LindgrenDirector-$0--
Terry McKennaDirector-$0--
Filing and Contact Details

Filer

Filer Name
Schaumburg Flying Club NFP
EIN
01-0746249
In Care Of
% Gene Woods
Address
PO Box 1156, Palatine, IL 60078

Signing Officer

Name
Gene Woods
Title
Treasurer
Phone
8153421023
Signed
2025-05-08
Discuss with paid preparer
No

Preparer

Firm
Waterford Accounting & Tax LLC
Address
202B S Randall Road Suite 6015, Elgin, IL 60121
Preparer
Jennifer a Foley
Phone
8474099722
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountDepreciation from 4562 6,590Interest Expense 4,946Insurance 15,833Maintenance 36,394Fuel 44,738Tie Down 2,100Repairs 2,239Office Expense 3,508Bank Fees 36Supplies 167Travel 86Upgrades 161Insurance Adjustment PY 15,000Misc 1,194”

Description of other assets Part II line 24

“Category Beginning of Year End of YearEquipment - Engine 105,197 105,197Dues Receivable 11,671 16,106Prepaid Insurance/Escrow 37,500 22,500”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearLoans Payable 106,397 92,804Accumulated Depreciation 17,320 23,910”

Raw XML Appendix132 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Gene Woods
IRS990EZ/BooksInCareOfDetail/PhoneNum08153421023
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01472 Blue Heron Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Crystal Lake
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060014
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt058930
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt066092
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03600
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0550
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0213298
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0209895
IRS990EZ/GrossReceiptsAmt0137358
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt05000
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt089581
IRS990EZ/NetAssetsOrFundBalancesEOYAmt093181
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt089581
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt093181
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Ken Janosch
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Gene Woods
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jeff Puglielli
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kevin Fletcher
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Steven Fumarolo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Sean Lindgren
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Terry McKenna
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Maintenance Officier
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0154368
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0143803
IRS990EZ/OtherExpensesTotalAmt0132992
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide safe aircraft for recreation
IRS990EZ/PrintingPublicationsPostageAmt0216
IRS990EZ/ProgramServiceRevenueAmt0132358
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Two airplanes were maintained and available for 20 members of the organization for recreational flying.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0123717
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0116714
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0133758
IRS990EZ/TotalRevenueAmt0137358
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 6,590Interest Expense 4,946Insurance 15,833Maintenance 36,394Fuel 44,738Tie Down 2,100Repairs 2,239Office Expense 3,508Bank Fees 36Supplies 167Travel 86Upgrades 161Insurance Adjustment PY 15,000Misc 1,194
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearEquipment - Engine 105,197 105,197Dues Receivable 11,671 16,106Prepaid Insurance/Escrow 37,500 22,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearLoans Payable 106,397 92,804Accumulated Depreciation 17,320 23,910
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0GENE WOODS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08153421023
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Schaumburg Flying Club NFP
ReturnHeader/Filer/BusinessNameControlTxt0SCHA
ReturnHeader/Filer/EIN0010746249
ReturnHeader/Filer/InCareOfNm0% Gene Woods
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1156
ReturnHeader/Filer/USAddress/CityNm0Palatine
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060078
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0853188536
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Waterford Accounting & Tax LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0202B S Randall Road Suite 6015
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Elgin
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060121
ReturnHeader/PreparerPersonGrp/PhoneNum08474099722
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNIFER A FOLEY
ReturnHeader/ReturnTs02025-05-12T15:23:49-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.