Liabilities / Assets
89th percentile
Higher debt load relative to assets than 89% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.46x
Liabilities / Revenue
91st percentile
Higher debt load relative to revenue than 91% of similar nonprofits.
Net Margin
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
33rd percentile
Faster asset growth than 33% of similar nonprofits.
Revenue Growth
11th percentile
Faster revenue growth than 11% of similar nonprofits.
Balance Sheet
Assets
Down$233,650
Down $8,448 (-3.5%) from 2015
Net Assets
Up$126,049
Up $5,821 (+4.8%) from 2015
Liabilities
Down$107,601
Down $14,269 (-12%) from 2015
Revenue And Expenses
Revenue
Down$145,753
Down $49,713 (-25%) from 2015
Expenses
Down$136,959
Down $26,252 (-16%) from 2015
Net Income
Down$8,794
Down $23,461 (-73%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Oct 16, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $145,753
Mission and Program Overview
Mission
Flying club - social club
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE PRIMARY PURPOSE IS TO PROVIDE THE MEMBERS WITH THE OPPORTUNITY TO FLY IN WELL MAINTAINED, MUTUALLY-OWNED AIRCRAFT FOR RECREATION AT AN AFFORDABLE PRICE. THE ORGANIZATION ALSO PROVIDES THE MEMBERS A CHANCE TO COMMINGLE AND EXCHANGE FLYING EXPERIENCES AND KNOWLEDGE IN A PLEASURABLE WAY. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DAVID PRIETO | President | PT | $0 | - | - |
| GEORGE YANNOTTI | Vice Pres | PT | $0 | - | - |
| JOE KOGAN | Treasurer | PT | $0 | - | - |
| JOSHUA LANGWEIL | Secretary | PT | $0 | - | - |
| TOMOHARU NISHINO | Trustee | PT | $0 | - | - |
| SACHIN ABDE | Trustee | PT | $0 | - | - |
| KEVIN WHITE | Trustee | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Paramus Flying Club
- EIN
- 22-2845767
- Phone
- 9178163722
- Address
- 27 WRIGHT WAY SUITE 9, FAIRFIELD, NJ 07004
Signing Officer
- Name
- Joe Kogan
- Title
- Treasurer
- Phone
- 9178163722
- Signed
- 2017-10-16
Preparer
- Firm
- Fitzpatrick Bongiovanni & Kelly Pc
- Address
- PO BOX 942, MARMORA, NJ 08223
- Preparer
- Robert J Kelly Jr
- Phone
- 6093908855
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses interest 4,466 insurance 19,997 aircraft maintenance 37,017 bad debt 11,353 bank charges 226 board expenses 1,206 fuel 24,307 gps updates 707 inspections 7,696 landing fees 131 plane supplies 244 scheduling service 525 tie-downs 5,850 website & other expenses 135 non-investment depreciation 23,099 total 136,959”
Form 990-ez, Part I, Line 20
“New members' equity 30,000 unrealized loss in investment 29 member equity return -33,000”
Form 990-ez, Part II, Line 24
“Accounts receivable 32,694 27,554 prepaid expenses and deferred charges 5,179 0 equipment 444,958 481,437 less accumulated depreciation 391,000 414,099 total 91,831 94,892”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 1,277 8,100 unsecured notes and loans payable 120,596 99,501”
Form 990-ez, Part III, Line 28
“The primary purpose is to provide the members with the opportunity to fly in well maintained, mutually-owned aircraft for recreation at an affordable price. The organization also provides the members a chance to commingle and exchange flying experiences and knowledge in a pleasurable way.”
Raw XML Appendix125 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/BusinessName/BusinessNameLine1Txt | 0 | PARAMUS FLYING CLUB |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt | 0 | PARAMUS FLYING CLUB |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9178163722 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 27 WRIGHT WAY SUITE 9 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt | 0 | 27 WRIGHT WAYSUITE 9 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FAIRFIELD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 07004 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 150268 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 138758 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 8794 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 242099 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 233650 |
| IRS990EZ/GrossReceiptsAmt | 0 | 145753 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 58 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 56184 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 120226 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 126049 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 120226 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 126049 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 5.00 |
| 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 | DAVID PRIETO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GEORGE YANNOTTI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JOE KOGAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JOSHUA LANGWEIL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | TOMOHARU NISHINO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | SACHIN ABDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | KEVIN WHITE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | TRUSTEE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 91831 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 94892 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -2971 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 136959 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | FLYING CLUB - SOCIAL CLUB |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 89511 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE PRIMARY PURPOSE IS TO PROVIDE THE MEMBERS WITH THE OPPORTUNITY TO FLY IN WELL MAINTAINED, MUTUALLY-OWNED AIRCRAFT FOR RECREATION AT AN AFFORDABLE PRICE. THE ORGANIZATION ALSO PROVIDES THE MEMBERS A CHANCE TO COMMINGLE AND EXCHANGE FLYING EXPERIENCES AND KNOWLEDGE IN A PLEASURABLE WAY. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NJ |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 121873 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 107601 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 136959 |
| IRS990EZ/TotalRevenueAmt | 0 | 145753 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.FLYINGCLUB.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES INTEREST 4,466 INSURANCE 19,997 AIRCRAFT MAINTENANCE 37,017 BAD DEBT 11,353 BANK CHARGES 226 BOARD EXPENSES 1,206 FUEL 24,307 GPS UPDATES 707 INSPECTIONS 7,696 LANDING FEES 131 PLANE SUPPLIES 244 SCHEDULING SERVICE 525 TIE-DOWNS 5,850 WEBSITE & OTHER EXPENSES 135 NON-INVESTMENT DEPRECIATION 23,099 TOTAL 136,959 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NEW MEMBERS' EQUITY 30,000 UNREALIZED LOSS IN INVESTMENT 29 MEMBER EQUITY RETURN -33,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 32,694 27,554 PREPAID EXPENSES AND DEFERRED CHARGES 5,179 0 EQUIPMENT 444,958 481,437 LESS ACCUMULATED DEPRECIATION 391,000 414,099 TOTAL 91,831 94,892 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,277 8,100 UNSECURED NOTES AND LOANS PAYABLE 120,596 99,501 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE PRIMARY PURPOSE IS TO PROVIDE THE MEMBERS WITH THE OPPORTUNITY TO FLY IN WELL MAINTAINED, MUTUALLY-OWNED AIRCRAFT FOR RECREATION AT AN AFFORDABLE PRICE. THE ORGANIZATION ALSO PROVIDES THE MEMBERS A CHANCE TO COMMINGLE AND EXCHANGE FLYING EXPERIENCES AND KNOWLEDGE IN A PLEASURABLE WAY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOE KOGAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9178163722 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-10-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PARAMUS FLYING CLUB |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PARA |
| ReturnHeader/Filer/EIN | 0 | 222845767 |
| ReturnHeader/Filer/PhoneNum | 0 | 9178163722 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 27 WRIGHT WAY SUITE 9 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FAIRFIELD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 07004 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 33F48454549DEEE352A959E3811F08C8DE7398B3 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 33F48454549DEEE352A959E3811F08C8DE7398B3 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 223507266 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FITZPATRICK BONGIOVANNI & KELLY PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 942 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MARMORA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 08223 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6093908855 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-10-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROBERT J KELLY JR |
| ReturnHeader/ReturnTs | 0 | 2017-10-24T15:15:48-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $233,650
- Liabilities
- $107,601
- Net assets
- $126,049
- Revenue
- $145,753
- Expenses
- $136,959
- Net income
- $8,794