Civic Intelligence

The Gathering Foundation Inc

990EZ • Fiscal year 2010 • EIN 20-8068767

Jan 01, 2010 to Dec 31, 2010 • Filed on Apr 06, 2011

3951 Merlin Drive34741
Siviq Scores

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

Liabilities / Assets

74th percentile

0.18x

Higher debt load relative to assets than 74% of similar nonprofits.

2010 filings • 501(c)3 • <$500k nonprofits • Source year 2010

Liabilities / Revenue

86th percentile

0.36x

Higher debt load relative to revenue than 86% of similar nonprofits.

2010 filings • 501(c)3 • <$500k nonprofits • Source year 2010

Net Margin

95th percentile

68%

Higher net margin than 95% of similar nonprofits.

2010 filings • 501(c)3 • <$500k nonprofits • Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Assets

$207,927

No earlier filing loaded for comparison.

Net Assets

$171,431

No earlier filing loaded for comparison.

Liabilities

$36,496

No earlier filing loaded for comparison.

Revenue

$102,694

No earlier filing loaded for comparison.

Expenses

$32,599

No earlier filing loaded for comparison.

Net Income

$70,095

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2010: $207,927Liabilities 2010: $36,496Net Assets 2010: $171,4312010Assets 2011: $243,129Liabilities 2011: $58,268Net Assets 2011: $184,8612011Assets 2012: $149,894Liabilities 2012: $26,868Net Assets 2012: $123,0262012Assets 2013: $140,905Liabilities 2013: $29,198Net Assets 2013: $111,7072013Assets 2014: $123,195Liabilities 2014: $28,644Net Assets 2014: $94,5512014Assets 2015: $102,179Liabilities 2015: $26,943Net Assets 2015: $75,2362015Assets 2016: $187,846Liabilities 2016: $7,254Net Assets 2016: $180,5922016Assets 2017: $293,795Liabilities 2017: $7,071Net Assets 2017: $286,7242017Assets 2018: $278,542Liabilities 2018: $2,457Net Assets 2018: $276,0852018Assets 2019: $84,244Liabilities 2019: $2,418Net Assets 2019: $81,8262019Assets 2020: $0Liabilities 2020: $203Net Assets 2020: -$2032020

Highlighted filing

2010

Assets$207,927
Liabilities$36,496
Net Assets$171,431

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2010: $102,694Expenses 2010: $32,599Net Income 2010: $70,0952010Revenue 2011: $81,310Expenses 2011: $67,880Net Income 2011: $13,4302011Revenue 2012: $13,265Expenses 2012: $75,100Net Income 2012: -$61,8352012Revenue 2013: $29,898Expenses 2013: $41,217Net Income 2013: -$11,3192013Revenue 2014: $16,803Expenses 2014: $33,959Net Income 2014: -$17,1562014Revenue 2015: -$539Expenses 2015: $18,776Net Income 2015: -$19,3152015Revenue 2016: $148,956Expenses 2016: $43,599Net Income 2016: $105,3572016Revenue 2017: $152,607Expenses 2017: $46,476Net Income 2017: $106,1312017Revenue 2018: $21,060Expenses 2018: $31,699Net Income 2018: -$10,6392018Revenue 2019: $2,123Expenses 2019: $196,381Net Income 2019: -$194,2582019Revenue 2020: -$67,810Expenses 2020: $14,219Net Income 2020: -$82,0292020

Highlighted filing

2010

Revenue$102,694
Expenses$32,599
Net Income$70,095
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Apr 6, 2011
Return Version
2010v3.2
Mission and Program Overview

Mission

The gathering foundation, inc. Is organized and shall operate exclusively for the preservation of the remaining vintage fighter aircraft flying in the world today. The organization will act as a clearinghouse for the dissemination of information on the care, maintenance, improvement and restoration of these fighter airframes and will provide insights into specific pilot skills required to fly these aircraft safely. The foundation acknowledges that current and future owners and pilots will be flying these fighters for many years to come and should be given the opportunity to have access to the wealth of information obtained both formally and informally by others. The goal of the organization is to provide a forum where historical and educational information from various sources can be made available to owners, pilots and the general public.

Filing and Contact Details

Filer

EIN
20-8068767
Raw XML Appendix220 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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CompensationExplanation/Compensation/PersonName4MICHAEL DECUIR
CompensationExplanation/Compensation/PersonName5JULIE CLEVENGER
CompensationExplanation/Compensation/PersonName6PETER TATTERSALL
CompensationExplanation/Compensation/PersonName7DON NIXON
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4PRESIDENT/DI
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title5SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title6TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title7DIRECTOR
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IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherAssetsTotal/BOY092417
IRS990EZ/OtherAssetsTotal/EOY086828
IRS990EZ/OtherExpensesTotal09025
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IRS990EZ/PrimaryExemptPurpose0THE GATHERING FOUNDATION, INC. IS ORGANIZED AND SHALL OPERATE EXCLUSIVELY FOR THE PRESERVATION OF THE REMAINING VINTAGE FIGHTER AIRCRAFT FLYING IN THE WORLD TODAY. THE ORGANIZATION WILL ACT AS A CLEARINGHOUSE FOR THE DISSEMINATION OF INFORMATION ON THE CARE, MAINTENANCE, IMPROVEMENT AND RESTORATION OF THESE FIGHTER AIRFRAMES AND WILL PROVIDE INSIGHTS INTO SPECIFIC PILOT SKILLS REQUIRED TO FLY THESE AIRCRAFT SAFELY. THE FOUNDATION ACKNOWLEDGES THAT CURRENT AND FUTURE OWNERS AND PILOTS WILL BE FLYING THESE FIGHTERS FOR MANY YEARS TO COME AND SHOULD BE GIVEN THE OPPORTUNITY TO HAVE ACCESS TO THE WEALTH OF INFORMATION OBTAINED BOTH FORMALLY AND INFORMALLY BY OTHERS. THE GOAL OF THE ORGANIZATION IS TO PROVIDE A FORUM WHERE HISTORICAL AND EDUCATIONAL INFORMATION FROM VARIOUS SOURCES CAN BE MADE AVAILABLE TO OWNERS, PILOTS AND THE GENERAL PUBLIC.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0THE GATHERING FOUNDATION, INC. WORKS TO SUPPORT THE COLLECTION, EXCHANGE AND ARCHIVE OF INFORMATION AS IT PERTAINS TO VINTAGE FIGHTER AIRCRAFT AND THE BRAVE MEN AND WOMEN WHO FLEW OR SERVICED THESE AIRCRAFT IN WAR TIMES.
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses032599
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IRS990ScheduleO/GeneralExplanation/Explanation0EXPENSES OFFICE SUPPLIES 370 ADVERTISING 3,111 DUES AND SUBSCRIPTIONS 455 BANK SERVICE CHARGES 1,581 TELEPHONE EXPENSE 3,457 TRAVEL 51 TOTAL 9,025
IRS990ScheduleO/GeneralExplanation/Explanation1ACCOUNTS RECEIVABLE 218 5,218 SUTA REFUNDABLE 0 22 DUE FROM TEXAN AV 803 803 DUE FROM STALLION 51 CORP 387 387 DUE FROM GROUP 51 300 300 DUE FROM CH TWO 387 387 DUE FROM AVMED 773 773 INVENTORIES FOR SALE OR USE 85,832 76,244 6,019 6,019 LESS ACCUMULATED DEPRECIATION 2,302 3,325 TOTAL 92,417 86,828
IRS990ScheduleO/GeneralExplanation/Explanation2UNSECURED NOTES AND LOANS PAYABLE 34,781 31,238 PAYROLL LIABILITIES 0 4,836 SALES TAX PAYABLE 623 422
IRS990ScheduleO/GeneralExplanation/Explanation3THE GATHERING FOUNDATION, INC. IS ORGANIZED AND SHALL OPERATE EXCLUSIVELY FOR THE PRESERVATION OF THE REMAINING VINTAGE FIGHTER AIRCRAFT FLYING IN THE WORLD TODAY. THE ORGANIZATION WILL ACT AS A CLEARINGHOUSE FOR THE DISSEMINATION OF INFORMATION ON THE CARE, MAINTENANCE, IMPROVEMENT AND RESTORATION OF THESE FIGHTER AIRFRAMES AND WILL PROVIDE INSIGHTS INTO SPECIFIC PILOT SKILLS REQUIRED TO FLY THESE AIRCRAFT SAFELY. THE FOUNDATION ACKNOWLEDGES THAT CURRENT AND FUTURE OWNERS AND PILOTS WILL BE FLYING THESE FIGHTERS FOR MANY YEARS TO COME AND SHOULD BE GIVEN THE OPPORTUNITY TO HAVE ACCESS TO THE WEALTH OF INFORMATION OBTAINED BOTH FORMALLY AND INFORMALLY BY OTHERS. THE GOAL OF THE ORGANIZATION IS TO PROVIDE A FORUM WHERE HISTORICAL AND EDUCATIONAL INFORMATION FROM VARIOUS SOURCES CAN BE MADE AVAILABLE TO OWNERS, PILOTS AND THE GENERAL PUBLIC.
IRS990ScheduleO/GeneralExplanation/Identifier0OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier1OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier2OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/Identifier3PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0208068767
ReturnHeader/Filer/Name/BusinessNameLine10THE GATHERING FOUNDATION INC
ReturnHeader/Filer/NameControl0GATH
ReturnHeader/Filer/Phone04078467251
ReturnHeader/Filer/USAddress/AddressLine103951 MERLIN DRIVE
ReturnHeader/Filer/USAddress/City0KISSIMMEE
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode034741
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02011-04-06
ReturnHeader/Officer/Name0ANGELA WEST
ReturnHeader/Officer/Phone04078467251
ReturnHeader/Officer/Title0VICE-PRESIDENT
ReturnHeader/Preparer/DatePrepared02011-05-23
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10TATTERSALL & TATTERSALL PA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10668 N ORLANDO AVE STE 1007
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0MAITLAND
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0FL
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0327514460
ReturnHeader/Preparer/Name0PETER TATTERSALLCPA
ReturnHeader/Preparer/Phone04078942272
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02010-01-01
ReturnHeader/TaxPeriodEndDate02010-12-31
ReturnHeader/TaxYear02010
ReturnHeader/Timestamp02011-06-06T12:12:14-05:00

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