Civic Intelligence

Able Flight Inc.

990 • Fiscal year 2021 • EIN 20-5001037

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 10, 2022

91 Oak Leaf LaneChapel Hill, NC 27516

(919) 942-4699

Siviq Scores

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

Liabilities / Assets

74th percentile

0.00x

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

2021 filings • NTEE B82 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

73rd percentile

0.00x

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

2021 filings • NTEE B82 • <$500k nonprofits • Source year 2021

Net Margin

64th percentile

33%

Higher net margin than 64% of similar nonprofits.

2021 filings • NTEE B82 • <$500k nonprofits • Source year 2021

Top Officer Pay

99th percentile

$69,430

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 30.6% of source-year revenue.

2021 filings • NTEE B82 • <$500k nonprofits • Source year 2021

Asset Growth

76th percentile

21%

Faster asset growth than 76% of similar nonprofits.

2021 filings • NTEE B82 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

68th percentile

59%

Faster revenue growth than 68% of similar nonprofits.

2021 filings • NTEE B82 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$420,168

Up $74,255 (+21%) from 2020

Net Assets

Up

$420,168

Up $74,255 (+21%) from 2020

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$226,635

Up $84,319 (+59%) from 2020

Expenses

Up

$152,380

Up $66,149 (+77%) from 2020

Net Income

Up

$74,255

Up $18,170 (+32%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $36,619Liabilities 2010: $1,867Net Assets 2010: $34,7522010Assets 2011: $30,960Liabilities 2011: $02011Assets 2012: $68,795Liabilities 2012: $02012Assets 2013: $116,284Liabilities 2013: $02013Assets 2014: $136,135Liabilities 2014: $02014Assets 2015: $179,304Liabilities 2015: $0Net Assets 2015: $179,3042015Assets 2016: $231,827Liabilities 2016: $0Net Assets 2016: $231,8272016Assets 2017: $280,207Liabilities 2017: $0Net Assets 2017: $280,2072017Assets 2018: $298,198Liabilities 2018: $0Net Assets 2018: $298,1982018Assets 2019: $289,828Net Assets 2019: $289,8282019Assets 2020: $345,913Net Assets 2020: $345,9132020Assets 2021: $420,168Liabilities 2021: $0Net Assets 2021: $420,1682021Assets 2022: $488,863Liabilities 2022: $0Net Assets 2022: $488,8632022Assets 2023: $368,541Liabilities 2023: $0Net Assets 2023: $368,5412023Assets 2024: $245,847Liabilities 2024: $0Net Assets 2024: $245,8472024Assets 2025: $139,866Liabilities 2025: $0Net Assets 2025: $139,8662025

Highlighted filing

2021

Assets$420,168
Liabilities$0
Net Assets$420,168

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $88,396Expenses 2010: $78,539Net Income 2010: $9,8572010Revenue 2011: $94,794Expenses 2011: $98,586Net Income 2011: -$3,7922011Revenue 2012: $163,904Expenses 2012: $126,069Net Income 2012: $37,8352012Revenue 2013: $184,209Expenses 2013: $136,720Net Income 2013: $47,4892013Revenue 2014: $184,900Expenses 2014: $165,049Net Income 2014: $19,8512014Revenue 2015: $226,839Expenses 2015: $181,662Net Income 2015: $45,1772015Revenue 2016: $220,949Expenses 2016: $168,690Net Income 2016: $52,2592016Revenue 2017: $230,598Expenses 2017: $182,218Net Income 2017: $48,3802017Revenue 2018: $205,774Expenses 2018: $187,783Net Income 2018: $17,9912018Revenue 2019: $157,101Expenses 2019: $139,251Net Income 2019: $17,8502019Revenue 2020: $142,316Expenses 2020: $86,231Net Income 2020: $56,0852020Revenue 2021: $226,635Expenses 2021: $152,380Net Income 2021: $74,2552021Revenue 2022: $240,715Expenses 2022: $172,020Net Income 2022: $68,6952022Revenue 2023: $172,821Expenses 2023: $293,143Net Income 2023: -$120,3222023Revenue 2024: $330,657Expenses 2024: $453,351Net Income 2024: -$122,6942024Revenue 2025: $322,483Expenses 2025: $428,464Net Income 2025: -$105,9812025

Highlighted filing

2021

Revenue$226,635
Expenses$152,380
Net Income$74,255
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 10, 2022
Return Version
2021v4.0
Gross Receipts
$226,635
Mission and Program Overview

Mission

Able Flights mission is to offer people with disabilities a unique way to challenge themselves through flight training or aviation career training and by doing so to gain greater self-confidence and self-reliance.

Able Flight's mission is to offer people with disabilities a unique way to challenge themselves through flight training or aviation career training and by doing so to gain greater self-confidence and self-reliance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$345,913$420,168▲ $74,255
Cap Stk Tr Prin Current Funds$345,913$420,168▲ $74,255
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$345,913$420,168▲ $74,255
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$345,913$420,168▲ $74,255
Total Liabilities and Net Assets / Fund Balance$345,913$420,168▲ $74,255
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Charles StitesExecutive DirectorFT$69,430$69,430

Board Members and Trustees

NameTitle
Al MooneyBoard member
Julia SpicerBoard member
Ryan KellyBoard member
Revenue and Support

Revenue Composition

Contributions and Grants
$226,635
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$226,635
Change in Net Assets
$74,255
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$82,950
Salaries, Compensation, and Employee Benefits$69,430
Total Fundraising Expense$3,263
Other Expenses$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$82,950--$82,950
Current Officers, Directors, Trustees, and Key Employees$64,570$1,597$3,263$69,430
Total Functional Expenses$147,520$1,597$3,263$152,380
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11B

Review by treasurer and governing body.

Part VI, Section B, Line 12C

Board members are provided with the COI policy on an annual basis and must affirm compliance in writing.

Part VI, Section B, Line 15

| Name of the Person:, The process used to establish compensation of the person who served in:|, The year in which this process was last undertaken:| Charles Stites, Revenue of comparable nonprofit compensation for executive officer on regional and national basis., 2021|

Part VI, Section C, Line 19

No documents available to the public

Part VII, List Of Officers

| Employee Name:, Description:| Charles Stites, For administration of scholarship program and all other administrative duties.|

Filing and Contact Details

Filer

Filer Name
Able Flight Inc
EIN
20-5001037
In Care Of
% Charles H Stites
Address
91 Oak Leaf Lane, Chapel Hill, NC 27516
Doing Business As
Able Flight

Signing Officer

Name
Charles Stites
Title
Executive Director
Signed
2022-02-10
Discuss with paid preparer
No

Organization Details

Principal Officer
Charles H Stites
Formed
2006
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Part III, Line 4D

| Description:, Expense Amount:, Grants Amount:, Revenue Amount:|

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IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
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IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0226635
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0132316
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0135101
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0152701
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0230598
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0877351
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt010000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.8241
IRS990ScheduleA/PublicSupportPY170Pct00.00
IRS990ScheduleA/PublicSupportTotal170Amt0731270
IRS990ScheduleA/SubstantialContributorsTotAmt0146081
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0226635
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0132316
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0135101
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0152701
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0230598
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0877351
IRS990ScheduleA/TotalSupportAmt0887351
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt082950
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarship awards
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt07
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Tracks use of grant funds payments in support of scholarships through monitoring of expenses per recipient.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1| Type of grant or assistance:, Number of recipients:, How number of recipients was estimated?:| Scholarship awards, 7, Actual awards|
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Part III Column (b)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Description:, Expense Amount:, Grants Amount:, Revenue Amount:|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Review by treasurer and governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board members are provided with the COI policy on an annual basis and must affirm compliance in writing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Name of the Person:, The process used to establish compensation of the person who served in:|, The year in which this process was last undertaken:| Charles Stites, Revenue of comparable nonprofit compensation for executive officer on regional and national basis., 2021|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5| Employee Name:, Description:| Charles Stites, For administration of scholarship program and all other administrative duties.|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VII, List Of Officers
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/StatesWhereCopyOfReturnIsFldCd1FL
IRS990/StatesWhereCopyOfReturnIsFldCd2WI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0420168
IRS990/TotalAssetsGrp/BOYAmt0345913
IRS990/TotalAssetsGrp/EOYAmt0420168
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0226635
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03263
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01597
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0147520
IRS990/TotalFunctionalExpensesGrp/TotalAmt0152380
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0345913
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0420168
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0147520
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt069430
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0226635
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0345913
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0420168
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/USAddress/AddressLine1Txt091 Oak Leaf Lane
IRS990/USAddress/CityNm0Chapel Hill
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027516
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.ableflight.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Charles Stites

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$3.22$4.28$1.06
2024Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$3.31$4.53$1.23
2023Detailed filing. Detailed filing data is available for this year.$3.69$0.00$3.69$1.73$2.93$1.20
2022Detailed filing. Detailed filing data is available for this year.$4.89$0.00$4.89$2.41$1.72$0.69
2021Detailed filing. Detailed filing data is available for this year.$4.20$0.00$4.20$2.27$1.52$0.74
2020Detailed filing. Detailed filing data is available for this year.$3.46$3.46$1.42$0.86$0.56
2019Detailed filing. Detailed filing data is available for this year.$2.90$2.90$1.57$1.39$0.18
2018Detailed filing. Detailed filing data is available for this year.$2.98$0.00$2.98$2.06$1.88$0.18
2017Detailed filing. Detailed filing data is available for this year.$2.80$0.00$2.80$2.31$1.82$0.48
2016Summary only. Only limited summary data is available for this year.$2.32$0.00$2.32$2.21$1.69$0.52
2015Summary only. Only limited summary data is available for this year.$1.79$0.00$1.79$2.27$1.82$0.45
2014Summary only. Only limited summary data is available for this year.$1.36$0.00$1.85$1.65$0.20
2013Summary only. Only limited summary data is available for this year.$1.16$0.00$1.84$1.37$0.47
2012Summary only. Only limited summary data is available for this year.$0.69$0.00$1.64$1.26$0.38
2011Summary only. Only limited summary data is available for this year.$0.31$0.00$0.95$0.99$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.02$0.35$0.88$0.79$0.10