Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
Flagship Detroit Foundation
990EZ • Fiscal year 2015 • EIN 20-0937050
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
65th percentile
Higher debt load relative to revenue than 65% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
78th percentile
Faster asset growth than 78% of similar nonprofits.
Revenue Growth
85th percentile
Faster revenue growth than 85% of similar nonprofits.
Balance Sheet
Assets
Up$264,664
Up $65,071 (+33%) from 2014
Net Assets
Up$262,707
Up $64,526 (+33%) from 2014
Liabilities
Up$1,957
Up $545 (+39%) from 2014
Revenue And Expenses
Revenue
Up$150,906
Up $46,735 (+45%) from 2014
Expenses
Down$86,380
Down $34,886 (-29%) from 2014
Net Income
Up$64,526
Up $81,621 (+477%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Aug 15, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $151,509
Mission and Program Overview
Mission
Education of and about aviation.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| DEMONSTRATIONS WITH THE PLANE, ALSO, DEMONSTRATIONS ABOUT THE PLANE; TO EDUCATE AND PROMOTE THE HISTORY OF AVIATION. | - | $86,380 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ZANE LEMON | President | PT | $0 | - | - |
| RICK OWENS | Vice Preside | - | $0 | - | - |
| DAVID GORRELL | Secretary-Tr | PT | $0 | - | - |
| GEORGE DENNIS | Executive Di | PT | $0 | - | - |
| JIM GENTRY | Director Of Main | PT | $0 | - | - |
| DAVID BUFFINGTON | Board Member | PT | $0 | - | - |
| TOM TAFF | Board Member | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Flagship Detroit Foundation
- EIN
- 20-0937050
- Phone
- 8172820281
- Address
- 3829 MONTECITO DRIVE, DENTON, TX 76205
Signing Officer
- Name
- Zane Lemon
- Title
- President
- Phone
- 8172820281
- Signed
- 2016-08-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Winnett Associates Pllc
- Address
- PO BOX 745, SHELBYVILLE, TN 37162-0745
- Preparer
- John a Lile
- Phone
- 9316847142
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Asset sale 1,200 dividends 54 total 1,254”
Form 990-ez, Part I, Line 16
“Expenses advertising 1,262 supplies 134 subscriptions 1,503 telephone 48 travel 11,279 insurance 1,100 fuel and oil 23,141 maintenance expense 38,319 fees & licenses 186 miscellaneous expense 425 credit card fees 630 non-investment depreciation 6,114 total 84,141”
Form 990-ez, Part II, Line 24
“Inventories for sale or use 2,250 3,136 airplane 216,810 247,380 less accumulated depreciation 56,810 62,924 engine deposit 0 0 total 162,250 187,592”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 1,412 1,957”
Raw XML Appendix162 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 | SHERYL CHRISTIAN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4046267066 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 185 BRIAR PATCH ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | COVINGTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30014 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 37343 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 77072 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 82229 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 603 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 64526 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1087 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 199593 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 264664 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 1913 |
| IRS990EZ/GrossReceiptsAmt | 0 | 151509 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 2516 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 55719 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 198181 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 262707 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 198181 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 262707 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 15.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 25.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ZANE LEMON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RICK OWENS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DAVID GORRELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | GEORGE DENNIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JIM GENTRY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | DAVID BUFFINGTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | TOM TAFF |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY-TR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIR. OF MAIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 162250 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 187592 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 84141 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1254 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATION OF AND ABOUT AVIATION. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1152 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 9791 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | DEMONSTRATIONS WITH THE PLANE, ALSO, DEMONSTRATIONS ABOUT THE PLANE; TO EDUCATE AND PROMOTE THE HISTORY OF AVIATION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 86380 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1412 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1957 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 86380 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 86380 |
| IRS990EZ/TotalRevenueAmt | 0 | 150906 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.FLAGSHIPDETROIT.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 82229 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 109666 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 134224 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 149418 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 135890 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 611427 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 33 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 109 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 21 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 55 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 218 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 69280 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99960 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99950 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 611427 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 82229 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 109666 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 134224 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 149418 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 135890 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 611427 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 611645 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ASSET SALE 1,200 DIVIDENDS 54 TOTAL 1,254 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING 1,262 SUPPLIES 134 SUBSCRIPTIONS 1,503 TELEPHONE 48 TRAVEL 11,279 INSURANCE 1,100 FUEL AND OIL 23,141 MAINTENANCE EXPENSE 38,319 FEES & LICENSES 186 MISCELLANEOUS EXPENSE 425 CREDIT CARD FEES 630 NON-INVESTMENT DEPRECIATION 6,114 TOTAL 84,141 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | INVENTORIES FOR SALE OR USE 2,250 3,136 AIRPLANE 216,810 247,380 LESS ACCUMULATED DEPRECIATION 56,810 62,924 ENGINE DEPOSIT 0 0 TOTAL 162,250 187,592 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,412 1,957 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| ReturnHeader/BuildTS | 0 | 2016-12-15 16:53:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ZANE LEMON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8172820281 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-08-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FLAGSHIP DETROIT FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FLAG |
| ReturnHeader/Filer/EIN | 0 | 200937050 |
| ReturnHeader/Filer/PhoneNum | 0 | 8172820281 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3829 MONTECITO DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | DENTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 76205 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 620808829 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WINNETT ASSOCIATES PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 745 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SHELBYVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 371620745 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9316847142 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-06-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOHN A LILE |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2016-06-10T08:47:55-05:00 |
| 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
- $264,664
- Liabilities
- $1,957
- Net assets
- $262,707
- Revenue
- $150,906
- Expenses
- $86,380
- Net income
- $64,526