Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Gace Flying Club Inc
990EZ • Fiscal year 2017 • EIN 11-2394585
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.06x
Liabilities / Revenue
79th percentile
Higher debt load relative to revenue than 79% of similar nonprofits.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
17th percentile
Faster asset growth than 17% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
Balance Sheet
Assets
Down$155,786
Down $28,667 (-16%) from 2016
Net Assets
Down$146,613
Down $31,554 (-18%) from 2016
Liabilities
Up$9,173
Up $2,887 (+46%) from 2016
Revenue And Expenses
Revenue
Up$99,246
Up $492 (+0.5%) from 2016
Expenses
Up$130,800
Up $49,634 (+61%) from 2016
Net Income
Down-$31,554
Down $49,142 (-279%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Apr 27, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $99,246
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 | - | $130,800 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JEFFREY MCARTHUR | President | PT | $0 | - | - |
| KEVIN DOOLITTLE | Vice Preside | PT | $0 | - | - |
| ROBERT SCOTTO | Treasurer | PT | $0 | - | - |
| THOMAS KELLER | Secretary | PT | $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
- 2018-04-27
- 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 528 insurance 1,730 aircraft fuel and oil 28,884 repairs and maintenance 8,184 aircraft parts 66,930 labor 4,462 internet fees 1,338 utilities 776 shop tools & supplies 272 aircraftclub.com fees 4,078 freight 330 oil 1,630 dues and subscriptions 76 miscellaneous expense 168 total 119,386”
Form 990-ez, Part II, Line 24
“Accounts receivable 5,648 0 total 5,648 0”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 1,813 deferred revenue 6,286 7,360”
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 Appendix117 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 | ROBERT SCOTTO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6317376879 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2 DOROTHEA ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PLAINVIEW |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11803 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 178805 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 155786 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -31554 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 775 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 184453 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 155786 |
| IRS990EZ/GrossReceiptsAmt | 0 | 99246 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 885 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 178167 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 146613 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 178167 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 146613 |
| 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 | KEVIN DOOLITTLE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ROBERT SCOTTO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | THOMAS KELLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| 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 | 5648 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 119386 |
| 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 | 47 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 98361 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | COST SHARING OF AIRCRAFT EXPENSES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 130800 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 6286 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 9173 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 130800 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 130800 |
| IRS990EZ/TotalRevenueAmt | 0 | 99246 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.GACEFLYINGCLUB.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE EXPENSE & SUPPLIES 528 INSURANCE 1,730 AIRCRAFT FUEL AND OIL 28,884 REPAIRS AND MAINTENANCE 8,184 AIRCRAFT PARTS 66,930 LABOR 4,462 INTERNET FEES 1,338 UTILITIES 776 SHOP TOOLS & SUPPLIES 272 AIRCRAFTCLUB.COM FEES 4,078 FREIGHT 330 OIL 1,630 DUES AND SUBSCRIPTIONS 76 MISCELLANEOUS EXPENSE 168 TOTAL 119,386 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 5,648 0 TOTAL 5,648 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 1,813 DEFERRED REVENUE 6,286 7,360 |
| 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 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT SCOTTO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6317376879 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-04-27 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GACE FLYING CLUB |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GACE |
| ReturnHeader/Filer/EIN | 0 | 112394585 |
| ReturnHeader/Filer/PhoneNum | 0 | 6317376879 |
| 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/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | AC9BDA384F1CF45008A6B9BCE2728C775DC8012F |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | AC9BDA384F1CF45008A6B9BCE2728C775DC8012F |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 73.233.240.255 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-04-27 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 07:50:07 |
| 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 | 2018-04-27 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CAROL FIEDERLEIN CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2018-04-27T08:50:07-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $155,786
- Liabilities
- $9,173
- Net assets
- $146,613
- Revenue
- $99,246
- Expenses
- $130,800
- Net income
- -$31,554