Civic Intelligence

Mets Flying Club Inc Jarvis

990EZ • Fiscal year 2015 • EIN 35-1405471

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 15, 2016

551 Circle DrFairmount, IN 46928

(765) 948-5071

Siviq Scores

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

Liabilities / Assets

81st percentile

0.23x

Higher debt load relative to assets than 81% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

92nd percentile

0.97x

Higher debt load relative to revenue than 92% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Net Margin

84th percentile

21%

Higher net margin than 84% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Asset Growth

46th percentile

0.3%

Faster asset growth than 46% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

80th percentile

19%

Faster revenue growth than 80% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$145,267

Up $419 (+0.3%) from 2014

Net Assets

Up

$111,548

Up $7,240 (+6.9%) from 2014

Liabilities

Down

$33,719

Down $6,821 (-17%) from 2014

Revenue

Up

$34,709

Up $5,641 (+19%) from 2014

Expenses

Up

$27,469

Up $8,885 (+48%) from 2014

Net Income

Down

$7,240

Down $3,244 (-31%) from 2014

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $146,993Liabilities 2010: $64,204Net Assets 2010: $82,7892010Assets 2011: $146,998Liabilities 2011: $55,287Net Assets 2011: $91,7112011Assets 2012: $148,220Liabilities 2012: $53,804Net Assets 2012: $94,4162012Assets 2013: $146,642Liabilities 2013: $47,020Net Assets 2013: $99,6222013Assets 2014: $144,848Liabilities 2014: $40,540Net Assets 2014: $104,3082014Assets 2015: $145,267Liabilities 2015: $33,719Net Assets 2015: $111,5482015Assets 2016: $144,819Liabilities 2016: $26,173Net Assets 2016: $118,6462016Assets 2017: $146,713Liabilities 2017: $38,298Net Assets 2017: $108,4152017Assets 2018: $184,522Liabilities 2018: $73,924Net Assets 2018: $110,5982018Assets 2019: $121,718Liabilities 2019: $7,334Net Assets 2019: $114,3842019Assets 2020: $126,104Liabilities 2020: $7,352Net Assets 2020: $118,7522020Assets 2021: $145,599Liabilities 2021: $8,657Net Assets 2021: $136,9422021Assets 2022: $143,197Liabilities 2022: $5,435Net Assets 2022: $137,7622022Assets 2023: $158,469Liabilities 2023: $38,758Net Assets 2023: $119,7112023

Highlighted filing

2015

Assets$145,267
Liabilities$33,719
Net Assets$111,548

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2010: $34,806Expenses 2010: $28,620Net Income 2010: $6,1862010Revenue 2011: $40,480Expenses 2011: $31,558Net Income 2011: $8,9222011Revenue 2012: $40,112Expenses 2012: $37,406Net Income 2012: $2,7062012Revenue 2013: $39,006Expenses 2013: $33,801Net Income 2013: $5,2052013Revenue 2014: $29,068Expenses 2014: $18,584Net Income 2014: $10,4842014Revenue 2015: $34,709Expenses 2015: $27,469Net Income 2015: $7,2402015Revenue 2016: $34,444Expenses 2016: $27,347Net Income 2016: $7,0972016Revenue 2017: $33,445Expenses 2017: $43,676Net Income 2017: -$10,2312017Revenue 2018: $34,623Expenses 2018: $32,440Net Income 2018: $2,1832018Revenue 2019: $25,611Expenses 2019: $23,045Net Income 2019: $2,5662019Revenue 2020: $20,337Expenses 2020: $16,260Net Income 2020: $4,0772020Revenue 2021: $35,683Expenses 2021: $17,493Net Income 2021: $18,1902021Revenue 2022: $17,152Expenses 2022: $24,660Net Income 2022: -$7,5082022Revenue 2023: $20,857Expenses 2023: $38,908Net Income 2023: -$18,0512023

Highlighted filing

2015

Revenue$34,709
Expenses$27,469
Net Income$7,240
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 15, 2016
Return Version
2015v2.1
Gross Receipts
$34,709
Mission and Program Overview

Mission

To provide for air flight education and training for non-professional persons wanting to learn to fly.

Program Services

DescriptionGrantsExpenses
TO PROVIDE FOR AIR FLIGHT EDUCATION AND TRAINING FOR NON-PROFESSIONAL PERSONS WANTING TO LEARN TO FLY-$27,469
TO PROVIDE FOR AIR FLIGHT EDUCATION AND TRAINING FOR NON-PROFESSIONAL PERSONS WANTING TO LEARN TO FLY.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACK THOMASPresidentPT$0--
STEVE DAVISVice PresidePT$0--
JEREMIAH THURMANSecretaryPT$0--
RONALD JARVISTreasurerPT$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
2016-07-15

Preparer

Firm
Cfd Accounting
Address
608 W 38TH ST, MARION, IN 46953
Preparer
Gregory J Smith CPA
Phone
7656642349
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses insurance 4,800 fuel 6,716 interest expense 3,128 sales tax paid 49 avionics 425 maintenance 8,823 registration fees 113 total 24,054

Form 990-ez, Part I, Line 20

PRIOR PERIOD ADJ 0

Form 990-ez, Part II, Line 24

Aircraft 98,786 98,786 accessories 41,494 41,494 aircraft reserve 329 329 total 140,609 140,609

Form 990-ez, Part II, Line 26

Unsecured notes and loans payable 40,540 33,719

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 Appendix116 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RONALD JARVIS
IRS990EZ/BooksInCareOfDetail/PhoneNum07659485071
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0551 CIRCLE DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FAIRMOUNT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046928
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04239
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04658
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04800
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07240
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0144848
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0145267
IRS990EZ/GrossReceiptsAmt034709
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0104308
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0111548
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0104308
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0111548
IRS990EZ/OccupancyRentUtltsAndMaintAmt02817
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt315.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JACK THOMAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEVE DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEREMIAH THURMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RONALD JARVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0140609
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0140609
IRS990EZ/OtherExpensesTotalAmt024054
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FOR AIR FLIGHT EDUCATION AND TRAINING FOR NON-PROFESSIONAL PERSONS WANTING TO LEARN TO FLY.
IRS990EZ/PrintingPublicationsPostageAmt098
IRS990EZ/ProgramServiceRevenueAmt029909
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE FOR AIR FLIGHT EDUCATION AND TRAINING FOR NON-PROFESSIONAL PERSONS WANTING TO LEARN TO FLY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROVIDE FOR AIR FLIGHT EDUCATION AND TRAINING FOR NON-PROFESSIONAL PERSONS WANTING TO LEARN TO FLY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027469
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt040540
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt033719
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt027469
IRS990EZ/TotalProgramServiceExpensesAmt027469
IRS990EZ/TotalRevenueAmt034709
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 4,800 FUEL 6,716 INTEREST EXPENSE 3,128 SALES TAX PAID 49 AVIONICS 425 MAINTENANCE 8,823 REGISTRATION FEES 113 TOTAL 24,054
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR PERIOD ADJ 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AIRCRAFT 98,786 98,786 ACCESSORIES 41,494 41,494 AIRCRAFT RESERVE 329 329 TOTAL 140,609 140,609
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNSECURED NOTES AND LOANS PAYABLE 40,540 33,719
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO PROVIDE FOR AIR FLIGHT EDUCATION AND TRAINING FOR NON-PROFESSIONAL PERSONS WANTING TO LEARN TO FLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO PROVIDE FOR AIR FLIGHT EDUCATION AND TRAINING FOR NON-PROFESSIONAL PERSONS WANTING TO LEARN TO FLY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD JARVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07659485071
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0METS FLYING CLUB INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0JARVIS
ReturnHeader/Filer/BusinessNameControlTxt0METS
ReturnHeader/Filer/EIN0351405471
ReturnHeader/Filer/PhoneNum07659485071
ReturnHeader/Filer/USAddress/AddressLine1Txt0551 CIRCLE DR
ReturnHeader/Filer/USAddress/CityNm0FAIRMOUNT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046928
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204438211
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CFD ACCOUNTING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0608 W 38TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046953
ReturnHeader/PreparerPersonGrp/PhoneNum07656642349
ReturnHeader/PreparerPersonGrp/PreparationDt02016-07-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY J SMITH CPA
ReturnHeader/ReturnTs02016-07-14T10:00:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.58$0.39$1.20$0.21$0.39$0.18
2022Detailed filing. Detailed filing data is available for this year.$1.43$0.05$1.38$0.17$0.25$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.46$0.09$1.37$0.36$0.17$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.26$0.07$1.19$0.20$0.16$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.22$0.07$1.14$0.26$0.23$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.85$0.74$1.11$0.35$0.32$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.47$0.38$1.08$0.33$0.44$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.45$0.26$1.19$0.34$0.27$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.45$0.34$1.12$0.35$0.27$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.45$0.41$1.04$0.29$0.19$0.10
2013Detailed filing. Detailed filing data is available for this year.$1.47$0.47$1.00$0.39$0.34$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.54$0.94$0.40$0.37$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.55$0.92$0.40$0.32$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.64$0.83$0.35$0.29$0.06