Liabilities / Assets
66th percentile
Higher debt load relative to assets than 66% of similar nonprofits.
Gace Flying Club Inc
990EZ • Fiscal year 2015 • EIN 11-2394585
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.03x
Liabilities / Revenue
70th percentile
Higher debt load relative to revenue than 70% of similar nonprofits.
Net Margin
77th percentile
Higher net margin than 77% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
71st percentile
Faster asset growth than 71% of similar nonprofits.
Revenue Growth
73rd percentile
Faster revenue growth than 73% of similar nonprofits.
Balance Sheet
Assets
Up$164,894
Up $16,669 (+11%) from 2014
Net Assets
Up$160,534
Up $14,592 (+10.0%) from 2014
Liabilities
Up$4,360
Up $2,077 (+91%) from 2014
Revenue And Expenses
Revenue
Up$79,923
Up $11,865 (+17%) from 2014
Expenses
Down$65,331
Down $9,444 (-13%) from 2014
Net Income
Up$14,592
Up $21,309 (+317%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- May 2, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $79,923
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 | - | $65,331 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JEFFREY 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
- Filer Name
- Gace Flying Club
- EIN
- 11-2394585
- Address
- 2099 SMITHTOWN AVENUE, RONKONKOMA, NY 11779-7357
Signing Officer
- Name
- Jeffrey Mcarthur
- Title
- President
- Signed
- 2016-05-02
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Carol a Fiederlein CPA
- Address
- 1011 TALON LN, GREENVILLE, DE 19807-1650
- Preparer
- Carol Fiederlein CPA
- Phone
- 3025213424
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses office expense & supplies 650 insurance 11,609 aircraft fuel and oil 20,802 repairs and maintenance 9,455 aircraft parts 7,867 internet fees 1,427 utilities 812 shop tools & supplies 250 automobile expense 189 meeting expense 243 landing fees 12 dues and subscriptions 72 miscellaneous expense 116 total 53,504”
Form 990-ez, Part II, Line 24
“Accounts receivable 1,835 3,035 total 1,835 3,035”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 173 0 deferred revenue 2,110 4,360”
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 Appendix109 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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JONATHAN FUSS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6317376879 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 33 NIEWOOD DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | RIDGE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11961 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 146390 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 161859 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 14592 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 750 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 148225 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 164894 |
| IRS990EZ/GrossReceiptsAmt | 0 | 79923 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 732 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 145942 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 160534 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 145942 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 160534 |
| 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 | JEFFREY 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/BOYAmt | 0 | 1835 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3035 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 53504 |
| 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 | 485 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 79191 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | COST SHARING OF AIRCRAFT EXPENSES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 65331 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2283 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 4360 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 65331 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 65331 |
| IRS990EZ/TotalRevenueAmt | 0 | 79923 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.GACEFLYINGCLUB.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE EXPENSE & SUPPLIES 650 INSURANCE 11,609 AIRCRAFT FUEL AND OIL 20,802 REPAIRS AND MAINTENANCE 9,455 AIRCRAFT PARTS 7,867 INTERNET FEES 1,427 UTILITIES 812 SHOP TOOLS & SUPPLIES 250 AUTOMOBILE EXPENSE 189 MEETING EXPENSE 243 LANDING FEES 12 DUES AND SUBSCRIPTIONS 72 MISCELLANEOUS EXPENSE 116 TOTAL 53,504 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 1,835 3,035 TOTAL 1,835 3,035 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 173 0 DEFERRED REVENUE 2,110 4,360 |
| 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 | 2016-09-27 15:27:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JEFFREY MCARTHUR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-05-02 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GACE FLYING CLUB |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GACE |
| ReturnHeader/Filer/EIN | 0 | 112394585 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2099 SMITHTOWN AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RONKONKOMA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 117797357 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 113288047 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CAROL A FIEDERLEIN CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1011 TALON LN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GREENVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | DE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 198071650 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3025213424 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-05-02 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CAROL FIEDERLEIN CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2016-05-02T13:43:44-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $164,894
- Liabilities
- $4,360
- Net assets
- $160,534
- Revenue
- $79,923
- Expenses
- $65,331
- Net income
- $14,592