Flagship Detroit Foundation

990EZ • Fiscal year 2017 • EIN 20-0937050

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 31, 2018

Organization Profile WWW.FLAGSHIPDETROIT.ORG

110 Mosby CTShelbyviile, TN 37160

(931) 224-5280

Siviq Scores

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

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

13%

Higher net margin than 68% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

6.9%

Faster asset growth than 58% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

59%

Faster revenue growth than 87% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

$257,369

Up $16,592 (+6.9%) from 2016

Net Assets

$257,369

Up $17,177 (+7.2%) from 2016

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin68th percentile

Revenue

$131,224

Up $48,725 (+59%) from 2016

Expenses

$114,047

Up $9,034 (+8.6%) from 2016

Net Income

$17,177

Up $39,691 (+176%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

Highlighted filing

2017

Assets$257,369

Liabilities-

Net Assets$257,369

Open 2017 Filing

Operations Trend

Revenue Growth87th percentile

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

Highlighted filing

2017

Revenue$131,224

Expenses$114,047

Net Income$17,177

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: Aug 31, 2018
Return Version: 2017v2.3
Gross Receipts: $136,145

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.	-	$114,047

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
RICK OWENS	President	-	$0	-	-
DAVID GORRELL	Secretary-Tr	-	$0	-	-
GEORGE DENNIS	Executive Di	-	$0	-	-
JIM GENTRY	Director Of Main	-	$0	-	-
DAVID BUFFINGTON	Board Member	-	$0	-	-
TOM TAFF	Board Member	-	$0	-	-
BLAKE BUTLER	Board Member	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Flagship Detroit Foundation
EIN: 20-0937050
Phone: 9312245280
Address: 110 MOSBY CT, SHELBYVIILE, TN 37160

Signing Officer

Name: Rick Owens
Title: President
Phone: 4046267066
Signed: 2018-08-31
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

“Miscellaneous revenue 135 dividends 49 total 184”

Form 990-ez, Part I, Line 16

“Expenses advertising 1,687 supplies 428 subscriptions 381 travel 14,192 insurance 1,320 fuel and oil 36,709 maintenance expense 33,760 fees & licenses 175 credit card fees 1,624 non-investment depreciation 22,628 total 112,904”

Form 990-ez, Part II, Line 24

“Inventories for sale or use 2,376 950 prepaid expenses and deferred charges 0 219 airplane 299,749 299,749 less accumulated depreciation 83,180 105,808 total 218,945 195,110”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 585 0”

Raw XML Appendix161 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	363 CHESSER PARK DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	CHELSEA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	AL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	35043
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	21832
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	62259
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	24208
IRS990EZ/CostOfGoodsSoldAmt	0	4921
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	17177
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	291
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	240777
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	257369
IRS990EZ/GrossProfitLossSlsOfInvntryAmt	0	62
IRS990EZ/GrossReceiptsAmt	0	136145
IRS990EZ/GrossSalesOfInventoryAmt	0	4983
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	89770
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	240192
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	257369
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	240192
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	257369
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	5	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	6	000.00
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	RICK OWENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	DAVID GORRELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	GEORGE DENNIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	JIM GENTRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	DAVID BUFFINGTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	TOM TAFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	6	BLAKE BUTLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	SECRETARY-TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIR. OF MAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	BOARD MEMBER
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	218945
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	195110
IRS990EZ/OtherExpensesTotalAmt	0	112904
IRS990EZ/OtherRevenueTotalAmt	0	184
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	EDUCATION OF AND ABOUT AVIATION.
IRS990EZ/PrintingPublicationsPostageAmt	0	852
IRS990EZ/ProgramServiceRevenueAmt	0	17000
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	114047
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	585
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	114047
IRS990EZ/TotalProgramServiceExpensesAmt	0	114047
IRS990EZ/TotalRevenueAmt	0	131224
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.FLAGSHIPDETROIT.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	24208
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	46702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	82229
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	109666
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	134224
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	397029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	49
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	82
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	54
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	33
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	109
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	327
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt	0	111937
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.99920
IRS990ScheduleA/PublicSupportPY170Pct	0	0.99940
IRS990ScheduleA/PublicSupportTotal170Amt	0	397029
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	24208
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	46702
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	82229
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	109666
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	134224
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	397029
IRS990ScheduleA/TotalSupportAmt	0	397356
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	MISCELLANEOUS REVENUE 135 DIVIDENDS 49 TOTAL 184
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	EXPENSES ADVERTISING 1,687 SUPPLIES 428 SUBSCRIPTIONS 381 TRAVEL 14,192 INSURANCE 1,320 FUEL AND OIL 36,709 MAINTENANCE EXPENSE 33,760 FEES & LICENSES 175 CREDIT CARD FEES 1,624 NON-INVESTMENT DEPRECIATION 22,628 TOTAL 112,904
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	INVENTORIES FOR SALE OR USE 2,376 950 PREPAID EXPENSES AND DEFERRED CHARGES 0 219 AIRPLANE 299,749 299,749 LESS ACCUMULATED DEPRECIATION 83,180 105,808 TOTAL 218,945 195,110
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	ACCOUNTS PAYABLE AND ACCRUED EXPENSES 585 0
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	2018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	RICK OWENS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	4046267066
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-08-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	FLAGSHIP DETROIT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	FLAG
ReturnHeader/Filer/EIN	0	200937050
ReturnHeader/Filer/PhoneNum	0	9312245280
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	110 MOSBY CT
ReturnHeader/Filer/USAddress/CityNm	0	SHELBYVIILE
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	TN
ReturnHeader/Filer/USAddress/ZIPCd	0	37160
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	2C93BFDECC4162CC1EC22CE2926ECFDA7A9D385B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	C8D15F5F7136213C47A67EFE42A85B794FEB6C9B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	12.23.251.2
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-09-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	CD
ReturnHeader/FilingSecurityInformation/IPTm	0	13:36:58
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	2018-08-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	JOHN A LILE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2018-09-07T13:36:58-05:00
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.

Open filing

Assets: $257,369
Liabilities: -
Net assets: $257,369
Revenue: $131,224
Expenses: $114,047
Net income: $17,177

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$6.14	$0.00	$6.14	$1.20	$0.61	$0.59
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$5.56	$0.00	$5.56	$2.14	$0.89	$1.25
2022Detailed filing. Detailed filing data is available for this year.	$4.31		$4.31	$1.08	$0.69	$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.92	$0.00	$3.92	$1.39	$0.73	$0.66
2020Detailed filing. Detailed filing data is available for this year.	$3.26		$3.26	$0.36	$0.56	$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.46	$0.00	$3.46	$1.10	$0.74	$0.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.10		$3.10	$1.46	$0.94	$0.52
2017Detailed filing. Detailed filing data is available for this year.	$2.57		$2.57	$1.31	$1.14	$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.41	$0.01	$2.40	$0.82	$1.05	$0.23
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.65	$0.02	$2.63	$1.51	$0.86	$0.65
2014Detailed filing. Detailed filing data is available for this year.	$2.00	$0.01	$1.98	$1.04	$1.21	$0.17
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.16	$0.01	$2.15	$1.35	$1.16	$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.98	$0.01	$1.97	$1.50	$1.35	$0.16
2011Summary only. Only limited summary data is available for this year.	$1.83	$0.03		$1.33	$1.31	$0.01
2010Summary only. Only limited summary data is available for this year.	$1.98	$0.19		$1.82	$2.44	$0.61