Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
990 • Fiscal year 2018 • EIN 27-1366959
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
Liabilities / Revenue
59th percentile
Higher debt load relative to revenue than 59% of similar nonprofits.
Net Margin
65th percentile
Higher net margin than 65% of similar nonprofits.
Top Officer Pay
53rd percentile
Higher top officer pay than 53% of similar nonprofits.
Top officer pay equals 4.8% of source-year revenue.
Asset Growth
33rd percentile
Faster asset growth than 33% of similar nonprofits.
Revenue Growth
69th percentile
Faster revenue growth than 69% of similar nonprofits.
Assets
Down$1,030,698
Down $27,972 (-2.6%) from 2017
Net Assets
Up$817,223
Up $135,939 (+20%) from 2017
Liabilities
Down$213,475
Down $163,911 (-43%) from 2017
Revenue
Up$1,449,185
Up $182,576 (+14%) from 2017
Expenses
Up$1,313,246
Up $255,970 (+24%) from 2017
Net Income
Down$135,939
Down $73,394 (-35%) from 2017
Vt flight academy was created to promote general aviation through a program of high quality flight training provided at a competitive cost.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $533,197 | $479,230 | ▼ $53,967 |
| Cash and Non-Interest-Bearing Accounts | $402,558 | $389,957 | ▼ $12,601 |
| Accounts Receivable | $46,288 | $51,618 | ▲ $5,330 |
| Prepaid Expenses and Deferred Charges | $16,164 | $39,907 | ▲ $23,743 |
| Investments Program Related | $36,133 | $36,133 | → $0 |
| Inventories for Sale or Use | $24,330 | $33,853 | ▲ $9,523 |
| Loans From Officers Directors | $9,417 | - | - |
| Total Assets | $1,058,670 | $1,030,698 | ▼ $27,972 |
| Liabilities | |||
| Deferred Revenue | $287,997 | $148,947 | ▼ $139,050 |
| Mortgage Notes Payable Secured by Investment Property | $75,108 | $48,974 | ▼ $26,134 |
| Accounts Payable and Accrued Expenses | $4,864 | $15,554 | ▲ $10,690 |
| Total Liabilities | $377,386 | $213,475 | ▼ $163,911 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $681,284 | $817,223 | ▲ $135,939 |
| Total Net Assets Fund Balance | $681,284 | $817,223 | ▲ $135,939 |
| Total Liabilities and Net Assets / Fund Balance | $1,058,670 | $1,030,698 | ▼ $27,972 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $479,230 | $230,135 | $709,365 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Tony Speranza | Director of Oper | FT | $70,000 | $70,000 |
| Name | Title |
|---|---|
| Brent Sargent | Board Member |
| David Borthwick-leslie | Board Member |
| Douglas White | Board Member |
| Frank Shea | Board Member |
| Guy Rouelle | Board Member |
| Jason Grieff | Board Member |
| Larry Dupont | Board Member |
| Tyler Brown | Executive Di |
| Douglas Smith | Non Voting P |
| Thomas Dudley | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $801,559 |
| Salaries, Compensation, and Employee Benefits | $511,687 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $399,864 | - | - | $399,864 |
| Current Officers, Directors, Trustees, and Key Employees | - | $70,000 | - | $70,000 |
| Insurance | $58,483 | - | - | $58,483 |
| Depreciation Depletion | $57,321 | - | - | $57,321 |
| Payroll Taxes | $41,823 | - | - | $41,823 |
| Office Expenses | $41,660 | - | - | $41,660 |
| Occupancy | $38,140 | - | - | $38,140 |
| All Other Expenses | $34,630 | - | - | $34,630 |
| Other Expenses | $24,097 | - | - | $24,097 |
| Information Technology | $10,517 | - | - | $10,517 |
| Interest | $3,500 | - | - | $3,500 |
| Travel | $1,302 | - | - | $1,302 |
| Advertising | $1,188 | - | - | $1,188 |
| Fees for Services Legal | $1,157 | - | - | $1,157 |
| Fees for Services Accounting | $1,075 | - | - | $1,075 |
| Total Functional Expenses | $1,243,246 | $70,000 | $0 | $1,313,246 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $1,088 |
| Fundraising Gross Income | $893 |
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $9,417 | - | - |
“A pdf file containing a copy of the form 990 will be sent to the entire board.”
“An annual review of any potential conflicts is discussed by the board. If any conflict exists a determination in how to proceed is made by the full board.”
“An email is circulated to the members of the board of directors with information regarding average pay rates for executive directors of like organizations. This average compensation is compared to the actual hours worked and a calculation for salary is made based on the available funds for this purpose. The board then votes and approves the compensation for the executive director.”
“Copies of by-laws and governing documents are kept at the office of vermont flight academy and are made available to the public upon request.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 4864 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 15554 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 46288 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 51618 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | VT FLIGHT ACADEMY WAS CREATED TO PROMOTE GENERAL AVIATION THROUGH A PROGRAM OF HIGH QUALITY FLIGHT TRAINING PROVIDED AT A COMPETITIVE COST. |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 1188 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1188 |
| IRS990/AllOtherContributionsAmt | 0 | 13 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 34630 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 34630 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | VERMONT FLIGHT ACADEMY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8028635988 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 355 VALLEY ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SOUTH BURLINGTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VT |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 05403 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 402558 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 389957 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 70000 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 70000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 13 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1824 |
| IRS990/CYOtherExpensesAmt | 0 | 801559 |
| IRS990/CYOtherRevenueAmt | 0 | 409 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1446939 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 135939 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 511687 |
| IRS990/CYTotalExpensesAmt | 0 | 1313246 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1449185 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 287997 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 148947 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 57321 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 57321 |
| IRS990/Desc | 0 | 173 NEW SIGNERS/STUDENTS CAME INTO OUR SYSTEM IN 2017/18. THESE INDIVIDUALS SIGNED UP FOR INDIVIDUAL FLIGHT INSTRUCTION, DISCOVERY FLIGHT LESSONS AND GROUND TRAINING. VFA CONTINUES ITS PARTNERSHIP WITH VERMONT TECHNICAL COLLEGE FOR THE FIFTH YEAR. STUDENTS ARE GETTING THEIR PRIVATE, INSTRUMENT AND COMMERCIAL LICENSES/ENDORSEMENTS. THERE WERE 41 STUDENTS ENROLLED THIS YEAR THROUGH THE VERMONT TECH PROGRAM. VFA OPERATES 14 AIRCRAFT OF WHICH 7 ARE OWNED DIRECTLY BY VFA. THE OTHER 7 ARE UNDER CONTRACT AND OPERATED FOR BUSINESS PURPOSES UNDER A "LEASE BACK" ARRANGEMENT. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 49 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1243246 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 1075 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 1075 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 1157 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 1157 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 20.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DAVID BORTHWICK-LESLIE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | LARRY DUPONT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DOUGLAS WHITE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | FRANK SHEA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | THOMAS DUDLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DOUGLAS SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | GUY ROUELLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | BRENT SARGENT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JASON GRIEFF |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | TONY SPERANZA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | TYLER BROWN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 70000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | NON VOTING P |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIR. OF OPER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | EXECUTIVE DI |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2010 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/FundraisingDirectExpensesAmt | 0 | 1088 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 893 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 410 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 16000 |
| IRS990/GrossReceiptsAmt | 0 | 1465863 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 10517 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 10517 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 58483 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 58483 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 3500 |
| IRS990/InterestGrp/TotalAmt | 0 | 3500 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 24330 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 33853 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1414 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1414 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 36133 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 36133 |
| IRS990/IRPDocumentCnt | 0 | 5 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 230135 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 533197 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 479230 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 709365 |
| IRS990/LegalDomicileStateCd | 0 | VT |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 15590 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 9417 |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | VT FLIGHT ACADEMY WAS CREATED TO PROMOTE GENERAL AVIATION THROUGH A PROGRAM OF HIGH QUALITY FLIGHT TRAINING PROVIDED AT A COMPETITIVE COST. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 75108 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 48974 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 681284 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 817223 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -1257 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1667 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 410 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | -195 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | -195 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 38140 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 38140 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 41660 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 41660 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | AIRCRAFT EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | PARTS |
| IRS990/OtherExpensesGrp/Desc | 2 | CONTRACTED SERVICES |
| IRS990/OtherExpensesGrp/Desc | 3 | MAINTENANCE LABOR |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 390123 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 112231 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 26135 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 24097 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 390123 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 112231 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 26135 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 24097 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 604 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 604 |
| IRS990/OtherRevenueTotalAmt | 0 | 604 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 399864 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 399864 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 41823 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 41823 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 16164 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 39907 |
| IRS990/PrincipalOfficerNm | 0 | TYLER BROWN |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611600 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | FLIGHT INSTRUCTION INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1446939 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1446939 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | -6290 |
| IRS990/PYOtherExpensesAmt | 0 | 738291 |
| IRS990/PYOtherRevenueAmt | 0 | 23675 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1249224 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 209333 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 318985 |
| IRS990/PYTotalExpensesAmt | 0 | 1057276 |
| IRS990/PYTotalRevenueAmt | 0 | 1266609 |
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| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 135939 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 1449210 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 479230 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 230135 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 709365 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 479230 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | false |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | THE POLICY IS INCLUDED IN ALL BROCHURES AND ADVERTISING. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | NO SCHOLARSHIPS ARE AWARDED BY VERMONT FLIGHT ACADEMY. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, LINE 4 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A PDF FILE CONTAINING A COPY OF THE FORM 990 WILL BE SENT TO THE ENTIRE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AN ANNUAL REVIEW OF ANY POTENTIAL CONFLICTS IS DISCUSSED BY THE BOARD. IF ANY CONFLICT EXISTS A DETERMINATION IN HOW TO PROCEED IS MADE BY THE FULL BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | AN EMAIL IS CIRCULATED TO THE MEMBERS OF THE BOARD OF DIRECTORS WITH INFORMATION REGARDING AVERAGE PAY RATES FOR EXECUTIVE DIRECTORS OF LIKE ORGANIZATIONS. THIS AVERAGE COMPENSATION IS COMPARED TO THE ACTUAL HOURS WORKED AND A CALCULATION FOR SALARY IS MADE BASED ON THE AVAILABLE FUNDS FOR THIS PURPOSE. THE BOARD THEN VOTES AND APPROVES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | COPIES OF BY-LAWS AND GOVERNING DOCUMENTS ARE KEPT AT THE OFFICE OF VERMONT FLIGHT ACADEMY AND ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsEOYAmt | 0 | 1030698 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1030698 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 13 |
| IRS990/TotalEmployeeCnt | 0 | 49 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 70000 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1243246 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1313246 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 377386 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 213475 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 377386 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 213475 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 681284 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 817223 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1243246 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1446939 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 70000 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | -38 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1449210 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1449185 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1058670 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1030698 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 1302 |
| IRS990/TravelGrp/TotalAmt | 0 | 1302 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 681284 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 817223 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 355 VALLEY RD |
| IRS990/USAddress/CityNm | 0 | SOUTH BURLINGTON |
| IRS990/USAddress/StateAbbreviationCd | 0 | VT |
| IRS990/USAddress/ZIPCd | 0 | 05403 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | WWW.FLYVFA.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TYLER BROWN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8028635988 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VERMONT FLIGHT ACADEMY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VERM |
| ReturnHeader/Filer/EIN | 0 | 271366959 |
| ReturnHeader/Filer/PhoneNum | 0 | 8028635988 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 355 VALLEY ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SOUTH BURLINGTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 05403 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 7B115758C07661742B3A4366E9445DF58F8B1F11 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | BD65816A0D498C2E6CE446135BEE28743848716F |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 50.199.202.253 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-11-15 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 07:39:16 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 030302296 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | KITTELL BRANAGAN & SARGENT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 154 N MAIN ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ST ALBANS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 05478 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8025249531 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CHRISTOPHER BRANAGAN CPA |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.