Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
Mets Flying Club Inc
EIN 35-1405471 • 501(c)7 • Fairmount, IN
Profile
To provide for air flight education and training for non-professional persons wanting to learn to fly.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.04x
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
43rd percentile
Faster asset growth than 43% of similar nonprofits.
Revenue Growth
7th percentile
Faster revenue growth than 7% of similar nonprofits.
Balance Sheet
Assets
Up$158,469
Up $15,272 (+11%) from 2022
Liabilities
Up$38,758
Up $33,323 (+613%) from 2022
Net Assets
Down$119,711
Down $18,051 (-13%) from 2022
Revenue
Up$20,857
Up $3,705 (+22%) from 2022
Expenses
Up$38,908
Up $14,248 (+58%) from 2022
Net Income
Down-$18,051
Down $10,543 (-140%) from 2022
Trend Graphs
Filings
Most recent year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $158,469
- Liabilities
- $38,758
- Net assets
- $119,711
- Revenue
- $20,857
- Expenses
- $38,908
- Net income
- -$18,051
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 12, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $20,857
Mission and Program Overview
Mission
To provide for air flight education and training for non-professional persons wanting to learn to fly.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO PROVIDE FOR AIR FLIGHT EDUCATION AND TRAINING FOR NON-PROFESSIONAL PERSONS WANTING TO LEARN TO FLY | - | $38,908 |
| TO PROVIDE FOR AIR FLIGHT EDUCATION AND TRAINING FOR NON-PROFESSIONAL PERSONS WANTING TO LEARN TO FLY. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JACK THOMAS | President | - | $0 | - | - |
| STEVE DAVIS | Vice Preside | - | $0 | - | - |
| JEREMIAH THURMAN | Secretary | - | $0 | - | - |
| RONALD JARVIS | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Mets Flying Club Inc
- EIN
- 35-1405471
- Phone
- 7659485071
- Address
- 551 CIRCLE DR, FAIRMOUNT, IN 46928
Signing Officer
- Name
- Ronald Jarvis
- Title
- Treasurer
- Phone
- 7659485071
- Signed
- 2024-11-12
Preparer
- Firm
- Christen Souers LLC
- Address
- 601 N BALDWIN AVE, MARION, IN 46952-3461
- Preparer
- Dawn Spencer CPA
- Phone
- 7656620029
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses aircraft loan interest expens 1,011 liability, d & o 2,603 fuel 1,049 misc expense 93 maintenance 32,364 bank fee 24 total 37,144”
Form 990-ez, Part I, Line 20
“PRIOR PER ADJ 0”
Form 990-ez, Part II, Line 24
“Aircraft 33,786 33,786 accessories 79,635 79,635 0 36,203 aircraft reserve 288 288 total 113,709 149,912”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 2,750 2,751 unsecured notes and loans payable 2,685 36,007”
Form 990-ez, Part III
“To provide for air flight education and training for non-professional persons wanting to learn to fly.”
Form 990-ez, Part III, Line 31
“To provide for air flight education and training for non-professional persons wanting to learn to fly.”
Raw XML Appendix114 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/PersonNm | 0 | RONALD JARVIS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7659485071 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 551 CIRCLE DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FAIRMOUNT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 46928 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 29488 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 8557 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 9440 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -18051 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 143197 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 158469 |
| IRS990EZ/GrossReceiptsAmt | 0 | 20857 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 137762 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 119711 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 137762 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 119711 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1764 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JACK THOMAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | STEVE DAVIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JEREMIAH THURMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | RONALD JARVIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 113709 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 149912 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 37144 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE FOR AIR FLIGHT EDUCATION AND TRAINING FOR NON-PROFESSIONAL PERSONS WANTING TO LEARN TO FLY. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 11417 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO PROVIDE FOR AIR FLIGHT EDUCATION AND TRAINING FOR NON-PROFESSIONAL PERSONS WANTING TO LEARN TO FLY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | TO PROVIDE FOR AIR FLIGHT EDUCATION AND TRAINING FOR NON-PROFESSIONAL PERSONS WANTING TO LEARN TO FLY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 38908 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 5435 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 38758 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 38908 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 38908 |
| IRS990EZ/TotalRevenueAmt | 0 | 20857 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES AIRCRAFT LOAN INTEREST EXPENS 1,011 LIABILITY, D & O 2,603 FUEL 1,049 MISC EXPENSE 93 MAINTENANCE 32,364 BANK FEE 24 TOTAL 37,144 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PRIOR PER ADJ 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | AIRCRAFT 33,786 33,786 ACCESSORIES 79,635 79,635 0 36,203 AIRCRAFT RESERVE 288 288 TOTAL 113,709 149,912 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,750 2,751 UNSECURED NOTES AND LOANS PAYABLE 2,685 36,007 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TO PROVIDE FOR AIR FLIGHT EDUCATION AND TRAINING FOR NON-PROFESSIONAL PERSONS WANTING TO LEARN TO FLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | TO PROVIDE FOR AIR FLIGHT EDUCATION AND TRAINING FOR NON-PROFESSIONAL PERSONS WANTING TO LEARN TO FLY. |
| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RONALD JARVIS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7659485071 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | METS FLYING CLUB INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | METS |
| ReturnHeader/Filer/EIN | 0 | 351405471 |
| ReturnHeader/Filer/PhoneNum | 0 | 7659485071 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 551 CIRCLE DR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FAIRMOUNT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 46928 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 352110134 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CHRISTEN SOUERS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 601 N BALDWIN AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MARION |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 469523461 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7656620029 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAWN SPENCER CPA |
| ReturnHeader/ReturnTs | 0 | 2024-11-14T13:50:10-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
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