Civic Intelligence

Gace Flying Club Inc

990EZ • Fiscal year 2016 • EIN 11-2394585

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 01, 2017

Organization ProfileWWW.GACEFLYINGCLUB.COM
2099 Smithtown AvenueRonkonkoma, NY 11779-7357

(631) 737-6879

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

2016 filings • NTEE N50 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.06x

Higher debt load relative to revenue than 75% of similar nonprofits.

2016 filings • NTEE N50 • <$500k nonprofits • Source year 2016

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

2016 filings • NTEE N50 • <$500k nonprofits • Source year 2016

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2016 filings • NTEE N50 • <$500k nonprofits • Source year 2016

Asset Growth

76th percentile

12%

Faster asset growth than 76% of similar nonprofits.

2016 filings • NTEE N50 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

82nd percentile

24%

Faster revenue growth than 82% of similar nonprofits.

2016 filings • NTEE N50 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$184,453

Up $19,559 (+12%) from 2015

Net Assets

Up

$178,167

Up $17,633 (+11%) from 2015

Liabilities

Up

$6,286

Up $1,926 (+44%) from 2015

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin74th percentile

Revenue

Up

$98,754

Up $18,831 (+24%) from 2015

Expenses

Up

$81,166

Up $15,835 (+24%) from 2015

Net Income

Up

$17,588

Up $2,996 (+21%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2011: $112,126Liabilities 2011: $02011Assets 2012: $139,148Net Assets 2012: $139,1482012Assets 2013: $153,369Liabilities 2013: $710Net Assets 2013: $152,6592013Assets 2014: $148,225Liabilities 2014: $2,283Net Assets 2014: $145,9422014Assets 2015: $164,894Liabilities 2015: $4,360Net Assets 2015: $160,5342015Assets 2016: $184,453Liabilities 2016: $6,286Net Assets 2016: $178,1672016Assets 2017: $155,786Liabilities 2017: $9,173Net Assets 2017: $146,6132017Assets 2018: $156,847Liabilities 2018: $10,763Net Assets 2018: $146,0842018Assets 2019: $202,779Liabilities 2019: $13,752Net Assets 2019: $189,0272019Assets 2020: $224,501Liabilities 2020: $14,999Net Assets 2020: $209,5022020Assets 2021: $237,409Liabilities 2021: $32,263Net Assets 2021: $205,1462021Assets 2022: $257,745Liabilities 2022: $32,227Net Assets 2022: $225,5182022Assets 2023: $256,629Liabilities 2023: $31,274Net Assets 2023: $225,3552023Assets 2024: $275,394Liabilities 2024: $26,231Net Assets 2024: $249,1632024Assets 2025: $256,127Liabilities 2025: $26,229Net Assets 2025: $229,8982025

Highlighted filing

2016

Assets$184,453
Liabilities$6,286
Net Assets$178,167
Open 2016 Filing

Operations Trend

Revenue Growth82nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $82,318Expenses 2011: $66,287Net Income 2011: $16,0312011Revenue 2012: $105,621Expenses 2012: $78,599Net Income 2012: $27,0222012Revenue 2013: $84,781Expenses 2013: $71,270Net Income 2013: $13,5112013Revenue 2014: $68,058Expenses 2014: $74,775Net Income 2014: -$6,7172014Revenue 2015: $79,923Expenses 2015: $65,331Net Income 2015: $14,5922015Revenue 2016: $98,754Expenses 2016: $81,166Net Income 2016: $17,5882016Revenue 2017: $99,246Expenses 2017: $130,800Net Income 2017: -$31,5542017Revenue 2018: $130,098Expenses 2018: $130,627Net Income 2018: -$5292018Revenue 2019: $131,681Expenses 2019: $88,738Net Income 2019: $42,9432019Revenue 2020: $114,329Expenses 2020: $92,435Net Income 2020: $21,8942020Revenue 2021: $114,076Expenses 2021: $118,432Net Income 2021: -$4,3562021Revenue 2022: $122,124Expenses 2022: $101,752Net Income 2022: $20,3722022Revenue 2023: $96,367Expenses 2023: $96,531Net Income 2023: -$1642023Revenue 2024: $123,204Expenses 2024: $99,396Net Income 2024: $23,8082024Revenue 2025: $88,862Expenses 2025: $108,129Net Income 2025: -$19,2672025

Highlighted filing

2016

Revenue$98,754
Expenses$81,166
Net Income$17,588
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 1, 2017
Return Version
2016v3.0
Gross Receipts
$98,754
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

DescriptionGrantsExpenses
COST SHARING OF AIRCRAFT EXPENSES-$81,166
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFFREY MCARTHURPresidentPT$0--
KEVIN DOOLITTLEVice PresidePT$0--
ROBERT SCOTTOTreasurerPT$0--
THOMAS KELLERSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Gace Flying Club
EIN
11-2394585
Phone
6317376879
Address
2099 SMITHTOWN AVENUE, RONKONKOMA, NY 11779-7357

Signing Officer

Name
Robert Scotto
Title
Treasurer
Phone
6317376879
Signed
2017-04-01
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 2,593 insurance 10,864 aircraft fuel and oil 27,907 repairs and maintenance 2,757 aircraft parts 15,009 labor 8,420 internet fees 462 utilities 892 shop tools & supplies 191 automobile expense 171 meeting expense 162 landing fees -170 dues and subscriptions 127 miscellaneous expense 41 total 69,426”

Form 990-ez, Part I, Line 20

“Miscellaneous adjustment 46”

Form 990-ez, Part II, Line 24

“Accounts receivable 3,035 5,648 total 3,035 5,648”

Form 990-ez, Part II, Line 26

“Deferred revenue 4,360 6,286”

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 Appendix116 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/PersonNm0ROBERT SCOTTO
IRS990EZ/BooksInCareOfDetail/PhoneNum06317376879
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02 DOROTHEA ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PLAINVIEW
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011803
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0161858
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0178805
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt017588
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0775
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0164893
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0184453
IRS990EZ/GrossReceiptsAmt098754
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0826
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0160533
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0178167
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0160533
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0178167
IRS990EZ/OccupancyRentUtltsAndMaintAmt010592
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEFFREY MCARTHUR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KEVIN DOOLITTLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT SCOTTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3THOMAS KELLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03035
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05648
IRS990EZ/OtherChangesInNetAssetsAmt046
IRS990EZ/OtherExpensesTotalAmt069426
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PURPOSE: 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/PrintingPublicationsPostageAmt0373
IRS990EZ/ProgramServiceRevenueAmt097928
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0COST SHARING OF AIRCRAFT EXPENSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt081166
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04360
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt06286
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt081166
IRS990EZ/TotalProgramServiceExpensesAmt081166
IRS990EZ/TotalRevenueAmt098754
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GACEFLYINGCLUB.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE & SUPPLIES 2,593 INSURANCE 10,864 AIRCRAFT FUEL AND OIL 27,907 REPAIRS AND MAINTENANCE 2,757 AIRCRAFT PARTS 15,009 LABOR 8,420 INTERNET FEES 462 UTILITIES 892 SHOP TOOLS & SUPPLIES 191 AUTOMOBILE EXPENSE 171 MEETING EXPENSE 162 LANDING FEES -170 DUES AND SUBSCRIPTIONS 127 MISCELLANEOUS EXPENSE 41 TOTAL 69,426
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MISCELLANEOUS ADJUSTMENT 46
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 3,035 5,648 TOTAL 3,035 5,648
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEFERRED REVENUE 4,360 6,286
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PURPOSE: 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/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT SCOTTO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06317376879
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GACE FLYING CLUB
ReturnHeader/Filer/BusinessNameControlTxt0GACE
ReturnHeader/Filer/EIN0112394585
ReturnHeader/Filer/PhoneNum06317376879
ReturnHeader/Filer/USAddress/AddressLine1Txt02099 SMITHTOWN AVENUE
ReturnHeader/Filer/USAddress/CityNm0RONKONKOMA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0117797357
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AC9BDA384F1CF45008A6B9BCE2728C775DC8012F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AC9BDA384F1CF45008A6B9BCE2728C775DC8012F
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113288047
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CAROL A FIEDERLEIN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01011 TALON LN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0198071650
ReturnHeader/PreparerPersonGrp/PhoneNum03025213424
ReturnHeader/PreparerPersonGrp/PreparationDt02017-04-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CAROL FIEDERLEIN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-04-01T23:06:18+00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$184,453
Liabilities
$6,286
Net assets
$178,167
Revenue
$98,754
Expenses
$81,166
Net income
$17,588
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.56$0.26$2.30$0.89$1.08$0.19
2024Detailed filing. Detailed filing data is available for this year.$2.75$0.26$2.49$1.23$0.99$0.24
2023Detailed filing. Detailed filing data is available for this year.$2.57$0.31$2.25$0.96$0.97$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.58$0.32$2.26$1.22$1.02$0.20
2021Detailed filing. Detailed filing data is available for this year.$2.37$0.32$2.05$1.14$1.18$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.25$0.15$2.10$1.14$0.92$0.22
2019Detailed filing. Detailed filing data is available for this year.$2.03$0.14$1.89$1.32$0.89$0.43
2018Detailed filing. Detailed filing data is available for this year.$1.57$0.11$1.46$1.30$1.31$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.56$0.09$1.47$0.99$1.31$0.32
2016Detailed filing. Detailed filing data is available for this year.$1.84$0.06$1.78$0.99$0.81$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.65$0.04$1.61$0.80$0.65$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.48$0.02$1.46$0.68$0.75$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.53$0.01$1.53$0.85$0.71$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$1.39$1.06$0.79$0.27
2011Summary only. Only limited summary data is available for this year.$1.12$0.00$0.82$0.66$0.16
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)7 • <$500k nonprofits