Civic Intelligence

Lexington Flying Club Inc

EIN 23-7333875 • 501(c)7 • Lexington, KY

Profile

Nonprofit social club - lexington flying club members share expenses to own and fly aircraft. The organization of providers members with low-cost flying and promotes member aircraft safety.

PO Box 863Lexington, KY 40588-0863

www.lexingtonflyingclub.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

0.15x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.27x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Net Margin

83rd percentile

25%

Higher net margin than 83% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)7 • $500k-$1M nonprofits • Source year 2024

Asset Growth

87th percentile

23%

Faster asset growth than 87% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-5.3%

Faster revenue growth than 25% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$751,829

Up $141,140 (+23%) from 2023

Liabilities

Up

$111,468

Up $37,231 (+50%) from 2023

Net Assets

Up

$640,361

Up $103,909 (+19%) from 2023

Operations
Liabilities / Revenue72nd percentileNet Margin83rd percentile

Revenue

Down

$413,584

Down $23,145 (-5.3%) from 2023

Expenses

Down

$309,675

Down $45,653 (-13%) from 2023

Net Income

Up

$103,909

Up $22,508 (+28%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth87th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2020: $535,413Liabilities 2020: $143,343Net Assets 2020: $392,0702020Assets 2021: $583,662Liabilities 2021: $169,193Net Assets 2021: $414,4692021Assets 2022: $549,266Liabilities 2022: $94,215Net Assets 2022: $455,0512022Assets 2023: $610,689Liabilities 2023: $74,237Net Assets 2023: $536,4522023Assets 2024: $751,829Liabilities 2024: $111,468Net Assets 2024: $640,3612024

Highlighted filing

2024

Assets$751,829
Liabilities$111,468
Net Assets$640,361
Open 2024 Filing

Operations Trend

Revenue Growth25th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2020: $229,417Expenses 2020: $238,311Net Income 2020: -$8,8942020Revenue 2021: $308,820Expenses 2021: $286,421Net Income 2021: $22,3992021Revenue 2022: $306,026Expenses 2022: $265,444Net Income 2022: $40,5822022Revenue 2023: $436,729Expenses 2023: $355,328Net Income 2023: $81,4012023Revenue 2024: $413,584Expenses 2024: $309,675Net Income 2024: $103,9092024

Highlighted filing

2024

Revenue$413,584
Expenses$309,675
Net Income$103,909
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$751,829
Liabilities
$111,468
Net assets
$640,361
Revenue
$413,584
Expenses
$309,675
Net income
$103,909
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.52$1.11$6.40$4.14$3.10$1.04
2023Detailed filing. Detailed filing data is available for this year.$6.11$0.74$5.36$4.37$3.55$0.81
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.49$0.94$4.55$3.06$2.65$0.41
2021Detailed filing. Detailed filing data is available for this year.$5.84$1.69$4.14$3.09$2.86$0.22
2020Detailed filing. Detailed filing data is available for this year.$5.35$1.43$3.92$2.29$2.38$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 9, 2026
Return Version
2024v5.0
Gross Receipts
$413,584
Mission and Program Overview

Mission

Nonprofit social club - lexington flying club members share expenses to own and fly aircraft. The organization of providers members with low-cost flying and promotes member aircraft safety.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$536,452$640,361▲ $103,909
Land, Buildings, and Equipment, Net$487,428$487,428→ $0
Cash and Non-Interest-Bearing Accounts$105,996$246,897▲ $140,901
Prepaid Expenses and Deferred Charges$17,265$17,504▲ $239
Total Assets$610,689$751,829▲ $141,140
Liabilities
Other Liabilities$74,237$111,468▲ $37,231
Total Liabilities$74,237$111,468▲ $37,231
Net Assets / Fund Balance
Total Net Assets Fund Balance$536,452$640,361▲ $103,909
Total Liabilities and Net Assets / Fund Balance$610,689$751,829▲ $141,140
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Michael ProctorPresident
Chris CampbellDirector
Philip HeinkDirector
Chase CardinMaintenance
John Jason RothrockMaintenance
John OlsenMaintenance
Michael SmithMaintenance
Weslee FarleyMaintenance
Steven WalterSecretary
William Mark HolcombTreasurer
Charles SimmsVP Administr
Revenue and Support

Revenue Composition

Contributions and Grants
$112,578
Program Service Revenue
$294,171
Investment Income
$6,835
Other Revenue
$0
Change in Net Assets
$103,909
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$63,313
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$246,362
Insurance---$42,752
Occupancy---$8,786
Other Expenses---$2,151
Office Expenses---$937
All Other Expenses---$649
Interest---$16
Total Functional Expenses$0$0$0$309,675
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Badge Deposits$20,700
Engine Reserve (3001w)$20,344
Engine Reserve (65641)$17,972
Engine Reserve (213ds)$16,528
Engine Reserve (13821)$13,289
Engine Reserve (61622)$12,569
Member Flying Credits$10,066
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

“John jason rothrock p.o. Box 863 lexington, ky 40588 philip heink p.o. Box lexington, ky 40588 michael proctor p.o. Box 863 lexington, ky 40588 charles simms p.o. Box 863 lexington, ky 40588 john olsen p.o. Box 863 lexington, ky 40588 steven walter p.o. Box 863 lexington, ky 40588 michael smith p.o. Box 863 lexington, ky 40588 weslee farley p.o. Box lexington, ky 40588 chris campbell p.o. Box 863 lexington, ky 40588 chase cardin p.o. Box 863 lexington, ky 40588”

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Lexington Flying Club Inc
EIN
23-7333875
Phone
8592669142
Address
PO BOX 863, LEXINGTON, KY 40588-0863

Signing Officer

Name
William Mark Holcomb
Title
Treasurer
Phone
8592669142
Signed
2026-02-09

Organization Details

Principal Officer
Michael Proctor
Formed
1953
Legal Domicile
Ky
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
30

Preparer

Firm
Holcomb & Associates Psc
Address
836 EUCLID AVE STE 301, LEXINGTON, KY 40502
Preparer
W Mark Holcomb CPA
Phone
8592669142
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“All revenue and expenses support the organization's mission: members share expenses to own and fly aircraft with a goal of providing low-cost flying and promoting member aircraft safety.”

Raw XML Appendix319 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0NONPROFIT SOCIAL CLUB - LEXINGTON FLYING CLUB MEMBERS SHARE EXPENSES TO OWN AND FLY AIRCRAFT. THE ORGANIZATION OF PROVIDERS MEMBERS WITH LOW-COST FLYING AND PROMOTES MEMBER AIRCRAFT SAFETY.
IRS990/AllOtherExpensesGrp/TotalAmt0649
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt0246362
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL PROCTOR
IRS990/BooksInCareOfDetail/PhoneNum08592669142
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 863
IRS990/BooksInCareOfDetail/USAddress/CityNm0LEXINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040588
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0105996
IRS990/CashNonInterestBearingGrp/EOYAmt0246897
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt0246362
IRS990/CYContributionsGrantsAmt0112578
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06835
IRS990/CYOtherExpensesAmt063313
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0294171
IRS990/CYRevenuesLessExpensesAmt0103909
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0309675
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0413584
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0ALL REVENUE AND EXPENSES SUPPORT THE ORGANIZATION'S MISSION: MEMBERS SHARE EXPENSES TO OWN AND FLY AIRCRAFT WITH A GOAL OF PROVIDING LOW-COST FLYING AND PROMOTING MEMBER AIRCRAFT SAFETY.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0246362
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN JASON ROTHROCK
IRS990/Form990PartVIISectionAGrp/PersonNm1PHILIP HEINK
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL PROCTOR
IRS990/Form990PartVIISectionAGrp/PersonNm3CHARLES SIMMS
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN OLSEN
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVEN WALTER
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm7WESLEE FARLEY
IRS990/Form990PartVIISectionAGrp/PersonNm8CHRIS CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm9CHASE CARDIN
IRS990/Form990PartVIISectionAGrp/PersonNm10WILLIAM MARK HOLCOMB
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0MAINTENANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP ADMINISTR
IRS990/Form990PartVIISectionAGrp/TitleTxt4MAINTENANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6MAINTENANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt7MAINTENANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9MAINTENANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01953
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0413584
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt042752
IRS990/InterestGrp/TotalAmt016
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt06835
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06835
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0487428
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0487428
IRS990/LandBldgEquipCostOrOtherBssAmt0487428
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0112578
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0NONPROFIT SOCIAL CLUB - LEXINGTON FLYING CLUB MEMBERS SHARE EXPENSES TO OWN AND FLY AIRCRAFT. THE ORGANIZATION OF PROVIDERS MEMBERS WITH LOW-COST FLYING AND PROMOTES MEMBER AIRCRAFT SAFETY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0536452
IRS990/NetAssetsOrFundBalancesEOYAmt0640361
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt08786
IRS990/OfficeExpensesGrp/TotalAmt0937
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0PROPERTY TAX
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2GPS UPDATES
IRS990/OtherExpensesGrp/Desc3FLYING CREDITS
IRS990/OtherExpensesGrp/TotalAmt03656
IRS990/OtherExpensesGrp/TotalAmt12208
IRS990/OtherExpensesGrp/TotalAmt22158
IRS990/OtherExpensesGrp/TotalAmt32151
IRS990/OtherLiabilitiesGrp/BOYAmt074237
IRS990/OtherLiabilitiesGrp/EOYAmt0111468
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017265
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017504
IRS990/PrincipalOfficerNm0MICHAEL PROCTOR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0480000
IRS990/ProgramServiceRevenueGrp/BusinessCd1480000
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER FLYING CHARGES
IRS990/ProgramServiceRevenueGrp/Desc1MISCELANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0283654
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110517
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0283654
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110517
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ALL REVENUE AND EXPENSES SUPPORT THE ORGANIZATION'S MISSION: MEMBERS SHARE EXPENSES TO OWN AND FLY AIRCRAFT WITH A GOAL OF PROVIDING LOW-COST FLYING AND PROMOTING MEMBER AIRCRAFT SAFETY.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0273427
IRS990/PYContributionsGrantsAmt0110906
IRS990/PYInvestmentIncomeAmt0586
IRS990/PYOtherExpensesAmt081901
IRS990/PYProgramServiceRevenueAmt0325237
IRS990/PYRevenuesLessExpensesAmt081401
IRS990/PYTotalExpensesAmt0355328
IRS990/PYTotalRevenueAmt0436729
IRS990/ReconcilationRevenueExpnssAmt0103909
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0283654
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0536452
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0640361
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt120344
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt217972
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt316528
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt413289
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt512569
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt610066
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BADGE DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ENGINE RESERVE (3001W)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ENGINE RESERVE (65641)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ENGINE RESERVE (213DS)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4ENGINE RESERVE (13821)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5ENGINE RESERVE (61622)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6MEMBER FLYING CREDITS
IRS990ScheduleD/TotalLiabilityAmt0111468
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL REVENUE AND EXPENSES SUPPORT THE ORGANIZATION'S MISSION: MEMBERS SHARE EXPENSES TO OWN AND FLY AIRCRAFT WITH A GOAL OF PROVIDING LOW-COST FLYING AND PROMOTING MEMBER AIRCRAFT SAFETY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JOHN JASON ROTHROCK P.O. BOX 863 LEXINGTON, KY 40588 PHILIP HEINK P.O. BOX LEXINGTON, KY 40588 MICHAEL PROCTOR P.O. BOX 863 LEXINGTON, KY 40588 CHARLES SIMMS P.O. BOX 863 LEXINGTON, KY 40588 JOHN OLSEN P.O. BOX 863 LEXINGTON, KY 40588 STEVEN WALTER P.O. BOX 863 LEXINGTON, KY 40588 MICHAEL SMITH P.O. BOX 863 LEXINGTON, KY 40588 WESLEE FARLEY P.O. BOX LEXINGTON, KY 40588 CHRIS CAMPBELL P.O. BOX 863 LEXINGTON, KY 40588 CHASE CARDIN P.O. BOX 863 LEXINGTON, KY 40588
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0610689
IRS990/TotalAssetsEOYAmt0751829
IRS990/TotalAssetsGrp/BOYAmt0610689
IRS990/TotalAssetsGrp/EOYAmt0751829
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0112578
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0309675
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt074237
IRS990/TotalLiabilitiesEOYAmt0111468
IRS990/TotalLiabilitiesGrp/BOYAmt074237
IRS990/TotalLiabilitiesGrp/EOYAmt0111468
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0536452
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0640361
IRS990/TotalProgramServiceExpensesAmt0246362
IRS990/TotalProgramServiceRevenueAmt0294171
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0301006
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0413584
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0610689
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0751829
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0PO BOX 863
IRS990/USAddress/CityNm0LEXINGTON
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040588
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.LEXINGTONFLYINGCLUB.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM MARK HOLCOMB
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08592669142
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEXINGTON FLYING CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0LEXI
ReturnHeader/Filer/EIN0237333875
ReturnHeader/Filer/PhoneNum08592669142
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 863
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd0405880863
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201874806
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOLCOMB & ASSOCIATES PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0836 EUCLID AVE STE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEXINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040502
ReturnHeader/PreparerPersonGrp/PhoneNum08592669142
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0W MARK HOLCOMB CPA
ReturnHeader/ReturnTs02026-02-09T19:30:59-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.