Civic Intelligence

Seaplane Foundation Inc

990EZ • Fiscal year 2023 • EIN 26-2078736

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 10, 2024

2073 US Hwy 92Winter Haven, FL 33881

(863) 701-7979

Siviq Scores

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

Liabilities / Assets

76th percentile

0.05x

Higher debt load relative to assets than 76% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

83rd percentile

0.11x

Higher debt load relative to revenue than 83% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

52nd percentile

4.1%

Higher net margin than 52% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

61st percentile

7.7%

Faster asset growth than 61% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

95th percentile

220%

Faster revenue growth than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$168,222

Up $11,967 (+7.7%) from 2022

Net Assets

Up

$159,539

Up $3,284 (+2.1%) from 2022

Liabilities

$8,683

No earlier filing loaded for comparison.

Revenue

Up

$81,035

Up $55,676 (+220%) from 2022

Expenses

Up

$77,751

Up $36,529 (+89%) from 2022

Net Income

Up

$3,284

Up $19,147 (+121%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $57,610Net Assets 2011: $57,6102011Assets 2012: $61,282Net Assets 2012: $61,2822012Assets 2013: $90,148Net Assets 2013: $90,1482013Assets 2014: $96,545Net Assets 2014: $96,5452014Assets 2015: $95,705Net Assets 2015: $95,7052015Assets 2017: $136,281Net Assets 2017: $136,2812017Assets 2018: $144,848Net Assets 2018: $144,8482018Assets 2019: $148,748Net Assets 2019: $148,7482019Assets 2020: $160,691Net Assets 2020: $160,6912020Assets 2021: $172,118Net Assets 2021: $172,1182021Assets 2022: $156,255Net Assets 2022: $156,2552022Assets 2023: $168,222Liabilities 2023: $8,683Net Assets 2023: $159,5392023Assets 2024: $226,074Liabilities 2024: $2,255Net Assets 2024: $223,8192024

Highlighted filing

2023

Assets$168,222
Liabilities$8,683
Net Assets$159,539

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2011: $70,245Expenses 2011: $222,268Net Income 2011: -$152,0232011Revenue 2012: $6,404Expenses 2012: $2,732Net Income 2012: $3,6722012Revenue 2013: $58,695Expenses 2013: $29,829Net Income 2013: $28,8662013Revenue 2014: $31,780Expenses 2014: $25,383Net Income 2014: $6,3972014Revenue 2015: $57,232Expenses 2015: $58,072Net Income 2015: -$8402015Revenue 2017: $58,785Expenses 2017: $35,271Net Income 2017: $23,5142017Revenue 2018: $35,612Expenses 2018: $27,045Net Income 2018: $8,5672018Revenue 2019: $33,991Expenses 2019: $30,091Net Income 2019: $3,9002019Revenue 2020: $22,877Expenses 2020: $10,935Net Income 2020: $11,9422020Revenue 2021: $58,995Expenses 2021: $47,568Net Income 2021: $11,4272021Revenue 2022: $25,359Expenses 2022: $41,222Net Income 2022: -$15,8632022Revenue 2023: $81,035Expenses 2023: $77,751Net Income 2023: $3,2842023Revenue 2024: $167,714Expenses 2024: $126,002Net Income 2024: $41,7122024

Highlighted filing

2023

Revenue$81,035
Expenses$77,751
Net Income$3,284
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 10, 2024
Return Version
2023v5.0
Gross Receipts
$81,035
Mission and Program Overview

Mission

To further seaplane education, history, safety, and tradition, to encourage the finding, preservation, restoration, and enjoyment of seaplanes, to gather and publish historical data and information in support of these activities and the research on the early history of the seaplane industry and related industries, to promote events, meetings, and programs for the exhibition and operation of seaplanes for public education, safety, interest, and enjoyment.

Program Services

DescriptionGrantsExpenses
TO FURTHER SEAPLANE EDUCATION, HISTORY, SAFETY, AND TRADITION, TO ENCOURAGE THE FINDING, PRESERVATION, RESTORATION, AND ENJOYMENT OF SEAPLANES.-$77,751
TO GATHER AND PUBLISH HISTORICAL DATA AND INFORMATION IN SUPPORT OF THESE ACTIVITIES AND THE RESEARCH ON THE EARLY HISTORY OF THE SEAPLANE INDUSTRY.--
TO PROMOTE EVENTS, MEETINGS, AND PROGRAMS FOR THE EXHIBITION AND OPERATION OF SEAPLANES FOR PUBLIC EDUCATION, SAFETY, INTEREST, AND ENJOYMENT.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVEN MCCAUGHEYExecutive Di-$0--
PHIL LOCKWOODChairman-$0--
STEPHEN WILLIAMSPresident-$0--
HARRY SHANNONTreasurer-$0--
STEVE GUETTERDirector-$0--
JOHN PRATTDirector-$0--
CHUCK WIPLINGERDirector-$0--
GORDON RICHARDSONSecretary-$0--
ED MCNEILDirector-$0--
JOHN DRURYDirector-$0--
JOHN GOWEYDirector-$0--
JOHN LEENHOUTSDirector-$0--
STEPHEN RATZLAFFDirector-$0--
MATT SIGFRINIUSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Seaplane Foundation Inc
EIN
26-2078736
Phone
8637017979
Address
2073 US HWY 92, WINTER HAVEN, FL 33881

Signing Officer

Name
Steven Mccaughey
Title
Executive Director
Phone
8637017979
Signed
2024-06-10

Preparer

Firm
Jason Wiley Simpson Pa
Address
PO BOX 1057, HIGHLAND CITY, FL 33846
Preparer
Jason Wiley Simpson CPA
Phone
8639379024
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising & promotion 627 office expense 725 information technology 3,051 travel, meetings & shows 14,777 bank charges 241 scholarships 3,800 contributions 38,142 safety/education expense 1,122 non-investment depreciation 10,236 total 72,721

Form 990-ez, Part II, Line 24

Inventories for sale or use 1,300 1,300 fixed assets 38,688 52,701 less accumulated depreciation 18,494 28,730 construction in progress 89,000 89,000 total 110,494 114,271

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 8,683

Form 990-ez, Part III

To further seaplane education, history, safety, and tradition, to encourage the finding, preservation, restoration, and enjoyment of seaplanes, to gather and publish historical data and information in support of these activities and the research on the early history of the seaplane industry and related industries, to promote events, meetings, and programs for the exhibition and operation of seaplanes for public education, safety, interest, and enjoyment.

Raw XML Appendix195 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING & PROMOTION 627 OFFICE EXPENSE 725 INFORMATION TECHNOLOGY 3,051 TRAVEL, MEETINGS & SHOWS 14,777 BANK CHARGES 241 SCHOLARSHIPS 3,800 CONTRIBUTIONS 38,142 SAFETY/EDUCATION EXPENSE 1,122 NON-INVESTMENT DEPRECIATION 10,236 TOTAL 72,721
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVENTORIES FOR SALE OR USE 1,300 1,300 FIXED ASSETS 38,688 52,701 LESS ACCUMULATED DEPRECIATION 18,494 28,730 CONSTRUCTION IN PROGRESS 89,000 89,000 TOTAL 110,494 114,271
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 8,683
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO FURTHER SEAPLANE EDUCATION, HISTORY, SAFETY, AND TRADITION, TO ENCOURAGE THE FINDING, PRESERVATION, RESTORATION, AND ENJOYMENT OF SEAPLANES, TO GATHER AND PUBLISH HISTORICAL DATA AND INFORMATION IN SUPPORT OF THESE ACTIVITIES AND THE RESEARCH ON THE EARLY HISTORY OF THE SEAPLANE INDUSTRY AND RELATED INDUSTRIES, TO PROMOTE EVENTS, MEETINGS, AND PROGRAMS FOR THE EXHIBITION AND OPERATION OF SEAPLANES FOR PUBLIC EDUCATION, SAFETY, INTEREST, AND ENJOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN MCCAUGHEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08637017979
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SEAPLANE FOUNDATION INC
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ReturnHeader/Filer/EIN0262078736
ReturnHeader/Filer/PhoneNum08637017979
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ReturnHeader/Filer/USAddress/CityNm0WINTER HAVEN
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-06-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JASON WILEY SIMPSON CPA
ReturnHeader/ReturnTs02024-06-12T11:20:57-04:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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