Civic Intelligence

Flight Experiences for Youth Inc

990EZ • Fiscal year 2023 • EIN 20-2806158

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 04, 2024

PO Box 411Warren, VT 05674

(802) 839-8603

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

49th percentile

2.8%

Higher net margin than 49% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

50th percentile

0.6%

Faster asset growth than 50% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

35th percentile

-7.7%

Faster revenue growth than 35% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$293,433

Up $1,677 (+0.6%) from 2022

Net Assets

Up

$293,433

Up $1,677 (+0.6%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$59,758

Down $5,009 (-7.7%) from 2022

Expenses

Down

$58,081

Down $12,228 (-17%) from 2022

Net Income

Up

$1,677

Up $7,219 (+130%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2021: $297,298Liabilities 2021: $0Net Assets 2021: $297,2982021Assets 2022: $291,756Liabilities 2022: $0Net Assets 2022: $291,7562022Assets 2023: $293,433Liabilities 2023: $0Net Assets 2023: $293,4332023Assets 2024: $329,614Liabilities 2024: $0Net Assets 2024: $329,6142024

Highlighted filing

2023

Assets$293,433
Liabilities$0
Net Assets$293,433

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2021: $63,283Expenses 2021: $48,586Net Income 2021: $14,6972021Revenue 2022: $64,767Expenses 2022: $70,309Net Income 2022: -$5,5422022Revenue 2023: $59,758Expenses 2023: $58,081Net Income 2023: $1,6772023Revenue 2024: $101,695Expenses 2024: $65,514Net Income 2024: $36,1812024

Highlighted filing

2023

Revenue$59,758
Expenses$58,081
Net Income$1,677
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 4, 2024
Return Version
2023v5.1
Gross Receipts
$59,758
Mission and Program Overview

Mission

Flight experience for youth (fefy) funds flight, ground school and aviation experience for young people age 21 and under, eager to learn to fly. 1) fefy funds several youth focused programs at sugarbush soaring, including line crew and work to fly, lets young people earn credits toward instructional and solo glider flights, while learning critical thinking and leadership skills. Fefy also pays for faa certified test for members. 2) scholarships, fefy funds scholarships for youth soaring camps, advanced training toward faa commercial flights and instructor certificates. 3) sugarbush soaring youth annual dues, full membership and privileges at sugarbush soaring at a discounted rate.

Program Services

DescriptionGrantsExpenses
AS DETAILED IN STATEMENT OF EXEMPT PURPOSE$0$58,081
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRIAN WAGNERDirector-$0--
DANNY BURNSDirector-$0--
EMILIO ARCEDirector-$0--
JEN STAMPPresidentPT$0--
EVE SILVERMANTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Flight Experience for Youth
EIN
20-2806158
Phone
8028398603
Address
PO BOX 411, WARREN, VT 05674

Signing Officer

Name
Eve Silverman
Title
Treasurer
Phone
2032160400
Signed
2024-11-04
Discuss with paid preparer
Yes

Preparer

Firm
Hall & Holden Pc
Address
PO BOX 1427, WAITSFIELD, VT 05673
Preparer
Michele a Eid CPA
Phone
8024963140
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 5,861. Total to form 990-ez, line 14: 10,718.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: hanger rental. Amount: 1,801. Description: miscellaneous. Amount: 75. Total to form 990-ez, line 8: 1,876.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 7,978. Description: other expenses. Amount: 2,740.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: business expense. Amount: 103. Description: bank fees. Amount: 206. Description: insurance. Amount: 700. Description: it expenses. Amount: 358. Description: marketing. Amount: 91. Description: program expenses. Amount: 35,539. Description: scholarships. Amount: 9,300. Description: travel. Amount: 706. Total to form 990-ez, line 16: 47,003.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 23,498. End of year amount: 16,784.

Raw XML Appendix189 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2EMILIO ARCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JEN STAMP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4EVE SILVERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt047003
IRS990EZ/OtherRevenueTotalAmt01876
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0FLIGHT EXPERIENCE FOR YOUTH (FEFY) FUNDS FLIGHT, GROUND SCHOOL AND AVIATION EXPERIENCE FOR YOUNG PEOPLE AGE 21 AND UNDER, EAGER TO LEARN TO FLY. 1) FEFY FUNDS SEVERAL YOUTH FOCUSED PROGRAMS AT SUGARBUSH SOARING, INCLUDING LINE CREW AND WORK TO FLY, LETS YOUNG PEOPLE EARN CREDITS TOWARD INSTRUCTIONAL AND SOLO GLIDER FLIGHTS, WHILE LEARNING CRITICAL THINKING AND LEADERSHIP SKILLS. FEFY ALSO PAYS FOR FAA CERTIFIED TEST FOR MEMBERS. 2) SCHOLARSHIPS, FEFY FUNDS SCHOLARSHIPS FOR YOUTH SOARING CAMPS, ADVANCED TRAINING TOWARD FAA COMMERCIAL FLIGHTS AND INSTRUCTOR CERTIFICATES. 3) SUGARBUSH SOARING YOUTH ANNUAL DUES, FULL MEMBERSHIP AND PRIVILEGES AT SUGARBUSH SOARING AT A DISCOUNTED RATE.
IRS990EZ/ProgramServiceRevenueAmt09678
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AS DETAILED IN STATEMENT OF EXEMPT PURPOSE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt058081
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsNetIncomeLossAmt02221
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IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt060714
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt049982
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0199024
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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07887
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IRS990ScheduleA/InvestmentIncomeCYPct00.03270
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt010990
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92180
IRS990ScheduleA/PublicSupportPY509Pct00.93860
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 5,861. TOTAL TO FORM 990-EZ, LINE 14: 10,718.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: HANGER RENTAL. AMOUNT: 1,801. DESCRIPTION: MISCELLANEOUS. AMOUNT: 75. TOTAL TO FORM 990-EZ, LINE 8: 1,876.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 7,978. DESCRIPTION: OTHER EXPENSES. AMOUNT: 2,740.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: BUSINESS EXPENSE. AMOUNT: 103. DESCRIPTION: BANK FEES. AMOUNT: 206. DESCRIPTION: INSURANCE. AMOUNT: 700. DESCRIPTION: IT EXPENSES. AMOUNT: 358. DESCRIPTION: MARKETING. AMOUNT: 91. DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 35,539. DESCRIPTION: SCHOLARSHIPS. AMOUNT: 9,300. DESCRIPTION: TRAVEL. AMOUNT: 706. TOTAL TO FORM 990-EZ, LINE 16: 47,003.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 23,498. END OF YEAR AMOUNT: 16,784.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EVE SILVERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02032160400
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLIGHT EXPERIENCE FOR YOUTH
ReturnHeader/Filer/BusinessNameControlTxt0FLIG
ReturnHeader/Filer/EIN0202806158
ReturnHeader/Filer/PhoneNum08028398603
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 411
ReturnHeader/Filer/USAddress/CityNm0WARREN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005674
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030349737
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HALL & HOLDEN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1427
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAITSFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005673
ReturnHeader/PreparerPersonGrp/PhoneNum08024963140
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELE A EID CPA
ReturnHeader/ReturnTs02024-11-04T14:50:44-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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