Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.66x
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
15th percentile
Higher net margin than 15% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
92nd percentile
Faster asset growth than 92% of similar nonprofits.
Revenue Growth
80th percentile
Faster revenue growth than 80% of similar nonprofits.
Balance Sheet
Assets
Up$370,273
Up $136,623 (+58%) from 2016
Net Assets
Down$125,740
Down $309 (-0.2%) from 2016
Liabilities
Up$244,533
Up $136,932 (+127%) from 2016
Revenue And Expenses
Revenue
Up$172,817
Up $27,064 (+19%) from 2016
Expenses
Up$194,724
Up $57,765 (+42%) from 2016
Net Income
Down-$21,907
Down $30,701 (-349%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Jul 31, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $172,817
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
- 2018-07-31
- Discuss with paid preparer
- Yes
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 14,087 insurance 25,328 aircraft maintenance 34,689 bank charges 235 board expenses 195 fuel 34,961 gps updates 2,659 landing fees 139 licenses and permits 341 plane supplies 978 scheduling service 1,518 tie-downs 9,290 website & other expenses 644 non-investment depreciation 67,504 total 192,568”
Form 990-ez, Part I, Line 20
“New members' equity 35,000 unrealized gain in investment 99 member equity return -13,500”
Form 990-ez, Part II, Line 24
“Accounts receivable 27,554 17,629 prepaid expenses and deferred charges 0 273 equipment 481,437 737,708 less accumulated depreciation 414,099 481,602 total 94,892 274,008”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 8,101 4,420 unsecured notes and loans payable 99,501 240,113”
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 Appendix132 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 | 138758 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 96265 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -21907 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2156 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 233650 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 370273 |
| IRS990EZ/GrossReceiptsAmt | 0 | 172817 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 56 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 82332 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 126048 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 125740 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 126048 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 125740 |
| 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 | 94892 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 274008 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 21599 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 192568 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | FLYING CLUB - SOCIAL CLUB |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 90429 |
| 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 | 107602 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 244533 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 194724 |
| IRS990EZ/TotalRevenueAmt | 0 | 172817 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.FLYINGCLUB.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES INTEREST 14,087 INSURANCE 25,328 AIRCRAFT MAINTENANCE 34,689 BANK CHARGES 235 BOARD EXPENSES 195 FUEL 34,961 GPS UPDATES 2,659 LANDING FEES 139 LICENSES AND PERMITS 341 PLANE SUPPLIES 978 SCHEDULING SERVICE 1,518 TIE-DOWNS 9,290 WEBSITE & OTHER EXPENSES 644 NON-INVESTMENT DEPRECIATION 67,504 TOTAL 192,568 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NEW MEMBERS' EQUITY 35,000 UNREALIZED GAIN IN INVESTMENT 99 MEMBER EQUITY RETURN -13,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 27,554 17,629 PREPAID EXPENSES AND DEFERRED CHARGES 0 273 EQUIPMENT 481,437 737,708 LESS ACCUMULATED DEPRECIATION 414,099 481,602 TOTAL 94,892 274,008 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 8,101 4,420 UNSECURED NOTES AND LOANS PAYABLE 99,501 240,113 |
| 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 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOE KOGAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9178163722 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-07-31 |
| 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 | 9FCC5875FBAB208C7DCB5E88B28557A7C5B7E7CB |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 9FCC5875FBAB208C7DCB5E88B28557A7C5B7E7CB |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 75.151.160.185 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-08-06 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 08:29:25 |
| 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 | 2018-07-31 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROBERT J KELLY JR |
| ReturnHeader/ReturnTs | 0 | 2018-08-06T09:29:25-04:00 |
| 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.
- Assets
- $370,273
- Liabilities
- $244,533
- Net assets
- $125,740
- Revenue
- $172,817
- Expenses
- $194,724
- Net income
- -$21,907