Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Gace Flying Club Inc
990EZ • Fiscal year 2013 • EIN 11-2394585
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
59th percentile
Higher debt load relative to revenue than 59% of similar nonprofits.
Net Margin
68th percentile
Higher net margin than 68% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
13th percentile
Faster revenue growth than 13% of similar nonprofits.
Balance Sheet
Assets
Up$153,369
Up $14,221 (+10%) from 2012
Net Assets
Up$152,659
Up $13,511 (+9.7%) from 2012
Liabilities
$710
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$84,781
Down $20,840 (-20%) from 2012
Expenses
Down$71,270
Down $7,329 (-9.3%) from 2012
Net Income
Down$13,511
Down $13,511 (-50%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Apr 28, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $84,781
Mission and Program Overview
Mission
Purpose: to advance, encourage, and promote the safe and economical use of aircraft. The club owns and operates several aircraft for the shared use of its members.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| COST SHARING OF AIRCRAFT EXPENSES | - | $71,270 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JEFF MCARTHUR | President | PT | $0 | - | - |
| JONATHAN FUSS | Treasurer | PT | $0 | - | - |
| ROBERT VAN SISE | Vice Preside | PT | $0 | - | - |
| THOMAS KELLER | Secretary | PT | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 11-2394585
Signing Officer
- Name
- Jonathan Fuss
- Title
- Treasurer
- Signed
- 2014-04-28
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- Carol Fiederlein CPA
- Phone
- 3025213424
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses aircraft fuel and oil 20,995 aircraft insurance 10,014 repairs and maintenance 17,856 aircraft parts 6,268 internet fees 1,269 utilities 887 shop tools & supplies 638 office expense 502 landing fees 28 miscellaneous expense 474 total 58,931”
Form 990-ez, Part II, Line 24
“Accounts receivable 0 733 aircraft 104,020 104,020 less accumulated depreciation 104,020 104,020 total 0 733”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 210 deferred revenue 0 500”
Form 990-ez, Part III
“Purpose: to advance, encourage, and promote the safe and economical use of aircraft. The club owns and operates several aircraft for the shared use of its members.”
Raw XML Appendix110 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 |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | JEFF MCARTHUR |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | JONATHAN FUSS |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | ROBERT VAN SISE |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 3 | THOMAS KELLER |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JONATHAN FUSS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6317376879 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 33 NIEWOOD DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | RIDGE |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 11961 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 139148 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 152636 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 13511 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 725 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 139148 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 153369 |
| IRS990EZ/GrossReceiptsAmt | 0 | 84781 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 839 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 139148 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 152659 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 139148 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 152659 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 10592 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JEFF MCARTHUR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JONATHAN FUSS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ROBERT VAN SISE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | THOMAS KELLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 733 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 58931 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PURPOSE: TO ADVANCE, ENCOURAGE, AND PROMOTE THE SAFE AND ECONOMICAL USE OF AIRCRAFT. THE CLUB OWNS AND OPERATES SEVERAL AIRCRAFT FOR THE SHARED USE OF ITS MEMBERS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1022 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 83942 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | COST SHARING OF AIRCRAFT EXPENSES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 71270 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 710 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 71270 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 71270 |
| IRS990EZ/TotalRevenueAmt | 0 | 84781 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.GACEFLYINGCLUB.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES AIRCRAFT FUEL AND OIL 20,995 AIRCRAFT INSURANCE 10,014 REPAIRS AND MAINTENANCE 17,856 AIRCRAFT PARTS 6,268 INTERNET FEES 1,269 UTILITIES 887 SHOP TOOLS & SUPPLIES 638 OFFICE EXPENSE 502 LANDING FEES 28 MISCELLANEOUS EXPENSE 474 TOTAL 58,931 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 0 733 AIRCRAFT 104,020 104,020 LESS ACCUMULATED DEPRECIATION 104,020 104,020 TOTAL 0 733 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 210 DEFERRED REVENUE 0 500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PURPOSE: TO ADVANCE, ENCOURAGE, AND PROMOTE THE SAFE AND ECONOMICAL USE OF AIRCRAFT. THE CLUB OWNS AND OPERATES SEVERAL AIRCRAFT FOR THE SHARED USE OF ITS MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JONATHAN FUSS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-04-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | GACE FLYING CLUB |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GACE |
| ReturnHeader/Filer/EIN | 0 | 112394585 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 2099 SMITHTOWN AVENUE |
| ReturnHeader/Filer/USAddress/City | 0 | RONKONKOMA |
| ReturnHeader/Filer/USAddress/State | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 117797357 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | CAROL A FIEDERLEIN CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 1011 TALON LN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | GREENVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | DE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 198071650 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3025213424 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-04-28 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CAROL FIEDERLEIN CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2014-04-28T18:53:59-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $153,369
- Liabilities
- $710
- Net assets
- $152,659
- Revenue
- $84,781
- Expenses
- $71,270
- Net income
- $13,511