Civic Intelligence

Lake Elsinore Soaring Club

EIN 33-0372563 • 501(c)7 • Wildomar, CA

Profile

Recreation & Sports programs. General/Other: Provide tow services for gliders, provide glider flying instruction provide introductory glider rides to the public by club members, and sponsoring of social events

PO Box 317Wildomar, CA 92595

www.lescsoaring.com

Siviq Scores

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

Liabilities / Assets

86th percentile

0.30x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

0.48x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

60th percentile

6.1%

Higher net margin than 60% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

48th percentile

-0.1%

Faster asset growth than 48% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

24%

Faster revenue growth than 81% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$160,163

Up $8,076 (+5.3%) from 2022

Liabilities

Up

$47,958

Up $12,328 (+35%) from 2022

Net Assets

Down

$112,205

Down $4,252 (-3.7%) from 2022

Operations
Liabilities / Revenue90th percentileNet Margin60th percentile

Revenue

Up

$99,223

Up $7,645 (+8.3%) from 2022

Expenses

Down

$93,194

Down $11,096 (-11%) from 2022

Net Income

Up

$6,029

Up $18,741 (+147%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth48th percentile

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

$200K$150K$100K$50K$0Assets 2010: $10,576Liabilities 2010: $0Net Assets 2010: $10,5762010Assets 2012: $18,321Liabilities 2012: $0Net Assets 2012: $18,3212012Assets 2013: $19,850Liabilities 2013: $0Net Assets 2013: $19,8502013Assets 2015: $28,026Liabilities 2015: $0Net Assets 2015: $28,0262015Assets 2016: $16,911Liabilities 2016: $0Net Assets 2016: $16,9112016Assets 2017: $9,670Liabilities 2017: $0Net Assets 2017: $9,6702017Assets 2018: $169,276Liabilities 2018: $0Net Assets 2018: $169,2762018Assets 2019: $156,445Liabilities 2019: $0Net Assets 2019: $156,4452019Assets 2020: $183,247Liabilities 2020: $34,300Net Assets 2020: $148,9472020Assets 2022: $152,087Liabilities 2022: $35,630Net Assets 2022: $116,4572022Assets 2024: $160,163Liabilities 2024: $47,958Net Assets 2024: $112,2052024

Highlighted filing

2024

Assets$160,163
Liabilities$47,958
Net Assets$112,205
Open 2024 Filing

Operations Trend

Revenue Growth81st percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $85,981Expenses 2010: $102,469Net Income 2010: -$16,4882010Revenue 2012: $93,310Expenses 2012: $99,610Net Income 2012: -$6,3002012Revenue 2013: $125,629Expenses 2013: $124,100Net Income 2013: $1,5292013Revenue 2015: $85,437Expenses 2015: $81,540Net Income 2015: $3,8972015Revenue 2016: $66,901Expenses 2016: $78,016Net Income 2016: -$11,1152016Revenue 2017: $66,904Expenses 2017: $74,145Net Income 2017: -$7,2412017Revenue 2018: $76,190Expenses 2018: $72,251Net Income 2018: $3,9392018Revenue 2019: $61,424Expenses 2019: $71,933Net Income 2019: -$10,5092019Revenue 2020: $67,443Expenses 2020: $71,849Net Income 2020: -$4,4062020Revenue 2022: $91,578Expenses 2022: $104,290Net Income 2022: -$12,7122022Revenue 2024: $99,223Expenses 2024: $93,194Net Income 2024: $6,0292024

Highlighted filing

2024

Revenue$99,223
Expenses$93,194
Net Income$6,029
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$160,163
Liabilities
$47,958
Net assets
$112,205
Revenue
$99,223
Expenses
$93,194
Net income
$6,029
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.60$0.48$1.12$0.99$0.93$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.36$1.16$0.92$1.04$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.83$0.34$1.49$0.67$0.72$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$0.61$0.72$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$0.76$0.72$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.67$0.74$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.00$0.17$0.67$0.78$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.85$0.82$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$1.26$1.24$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.00$0.18$0.93$1.00$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.86$1.02$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Gross Receipts
$99,515
Mission and Program Overview

Mission

Recreation & Sports programs. General/Other: Provide tow services for gliders, provide glider flying instruction, provide introductory glider rides to the public by club members, and sponsoring of social events

Program Services

DescriptionGrantsExpenses
Recreation & Sports programs. General/Other: Provide tow services for gliders, provide glider flying instruction, provide introductory glider rides to the public by club members, and sponsoring of social events--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Theordore JohnsonPresidentPT$0--
Mike GunnVice President-$0--
John OsborneTreasurer-$0--
Greg BuckmasterSecretary-$0--
William WrightMember At Large-$0--
Filing and Contact Details

Filer

Filer Name
Lake Elsinore Soaring Club
EIN
33-0372563
Phone
9514922701
Address
PO Box 317, Wildomar, CA 92595

Signing Officer

Name
Theodore Johnson
Title
President
Phone
8587294106
Signed
2025-05-13
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Temporary loan from Theodore Johnson”

Form 990-EZ, Part I, Line 16

“Description;Amount^Aircraft and Premise Insurance;8584|Aircraft Fuel;11803|Riverside County Property taxes aircraft;1494|Aircraft Lease;6534|SBA Loan repayment;1756|Paypal and credit card charges;2602|Repayment of loan to Theodore Johnson;8000^Total;40773^”

Form 990-EZ, Part I, Line 20

“Description;Amount^change in aircraft value;-4628^Total;-4628^”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^aircraft;144272^Total;144272^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^Small Business Loan;34830|Rebuild Towplane loan Theodore Johnson;13128^Total;47958^”

Raw XML Appendix147 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Theodore Johnson
IRS990EZ/BooksInCareOfDetail/PhoneNum08587294106
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03612 Torrey View Court
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0San Diego
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092130
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt011374
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015891
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt09220
IRS990EZ/CostOfGoodsSoldAmt0292
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt06029
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0160274
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0160163
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt07500
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt01461
IRS990EZ/GrossReceiptsAmt099515
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt01753
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt023341
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LoansToFromOfficersAmt013128
IRS990EZ/MadeLoansToFromOfficersInd01
IRS990EZ/MembershipDuesAmt023341
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0110804
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0112205
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0110804
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0112205
IRS990EZ/OccupancyRentUtltsAndMaintAmt050258
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt08
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Theordore Johnson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Mike Gunn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2John Osborne
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Greg Buckmaster
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4William Wright
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Member at Large
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0148900
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0144272
IRS990EZ/OtherChangesInNetAssetsAmt0-4628
IRS990EZ/OtherExpensesTotalAmt040773
IRS990EZ/OtherRevenueTotalAmt08000
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Recreation & Sports programs. General/Other: Provide tow services for gliders, provide glider flying instruction, provide introductory glider rides to the public by club members, and sponsoring of social events
IRS990EZ/PrintingPublicationsPostageAmt02163
IRS990EZ/ProgramServiceRevenueAmt049701
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Recreation & Sports programs. General/Other: Provide tow services for gliders, provide glider flying instruction, provide introductory glider rides to the public by club members, and sponsoring of social events
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt07500
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt049470
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt047958
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt093194
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt099223
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0www.lescsoaring.com
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt013128
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0rebuild tow plane
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt015000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Theodore Johnson
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt013128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Temporary loan from Theodore Johnson
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Aircraft and Premise Insurance;8584|Aircraft Fuel;11803|Riverside County Property taxes aircraft;1494|Aircraft Lease;6534|SBA Loan repayment;1756|Paypal and credit card charges;2602|Repayment of loan to Theodore Johnson;8000^Total;40773^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;Amount^change in aircraft value;-4628^Total;-4628^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description;EOY Amount^aircraft;144272^Total;144272^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description;EOY Amount^Small Business Loan;34830|Rebuild Towplane loan Theodore Johnson;13128^Total;47958^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Theodore Johnson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08587294106
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE ELSINORE SOARING CLUB
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0330372563
ReturnHeader/Filer/PhoneNum09514922701
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 317
ReturnHeader/Filer/USAddress/CityNm0Wildomar
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092595
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-05-14T00:40:56-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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