Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Gace Flying Club Inc
990EZ • Fiscal year 2019 • EIN 11-2394585
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.07x
Liabilities / Revenue
79th percentile
Higher debt load relative to revenue than 79% of similar nonprofits.
Net Margin
88th percentile
Higher net margin than 88% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
81st percentile
Faster asset growth than 81% of similar nonprofits.
Revenue Growth
43rd percentile
Faster revenue growth than 43% of similar nonprofits.
Balance Sheet
Assets
Up$202,779
Up $45,932 (+29%) from 2018
Net Assets
Up$189,027
Up $42,943 (+29%) from 2018
Liabilities
Up$13,752
Up $2,989 (+28%) from 2018
Revenue And Expenses
Revenue
Up$131,681
Up $1,583 (+1.2%) from 2018
Expenses
Down$88,738
Down $41,889 (-32%) from 2018
Net Income
Up$42,943
Up $43,472 (+8218%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- May 14, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $131,681
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 | - | $88,738 |
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
- 2020-05-14
- 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 286 insurance 1,730 aircraft fuel 36,330 repairs and maintenance 93 aircraft parts 9,808 labor 8,636 internet fees 1,595 shop tools & supplies 338 advertising 69 freight 440 oil 856 dues and subscriptions 76 form 990-t tax (2018) 90 miscellaneous expense 17,004 total 77,351”
Form 990-ez, Part II, Line 24
“Accounts receivable 5,019 10,472 total 5,019 10,472”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 599 1,088 deferred revenue 10,164 12,664”
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 Appendix118 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 | 151828 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 192307 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 42943 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 795 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 156847 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 202779 |
| IRS990EZ/GrossReceiptsAmt | 0 | 131681 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2041 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 146084 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 189027 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 146084 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 189027 |
| 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/OrganizationFiled990TInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | true |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 5019 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 10472 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 77351 |
| 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/ProgramServiceRevenueAmt | 0 | 129640 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | COST SHARING OF AIRCRAFT EXPENSES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 88738 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 10763 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 13752 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 88738 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 88738 |
| IRS990EZ/TotalRevenueAmt | 0 | 131681 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.GACEFLYINGCLUB.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE EXPENSE & SUPPLIES 286 INSURANCE 1,730 AIRCRAFT FUEL 36,330 REPAIRS AND MAINTENANCE 93 AIRCRAFT PARTS 9,808 LABOR 8,636 INTERNET FEES 1,595 SHOP TOOLS & SUPPLIES 338 ADVERTISING 69 FREIGHT 440 OIL 856 DUES AND SUBSCRIPTIONS 76 FORM 990-T TAX (2018) 90 MISCELLANEOUS EXPENSE 17,004 TOTAL 77,351 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 5,019 10,472 TOTAL 5,019 10,472 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 599 1,088 DEFERRED REVENUE 10,164 12,664 |
| 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 | 2021-01-29 14:40:06Z |
| 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 | 2020-05-14 |
| 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 | A878BF6DA9E458E702A924A1BFA529B9F9E0AB39 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | A878BF6DA9E458E702A924A1BFA529B9F9E0AB39 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 73.233.240.255 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-05-14 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 15:36:50 |
| 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 | 2020-05-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CAROL FIEDERLEIN CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2020-05-14T15:36:50-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $202,779
- Liabilities
- $13,752
- Net assets
- $189,027
- Revenue
- $131,681
- Expenses
- $88,738
- Net income
- $42,943