Civic Intelligence

Back Forty Flying Club Inc

EIN 35-6043209 • 501(c)7 • Huntertown, IN

Profile

Aflyingclubthatprovidesaircrafttomembersforpleasureflying,instruction,andsocialevents

PO Box 272Huntertown, IN 46748

http: www.back40fc.com

Siviq Scores

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

Liabilities / Assets

74th percentile

0.06x

Higher debt load relative to assets than 74% of similar nonprofits.

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

Liabilities / Revenue

81st percentile

0.15x

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

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

Net Margin

98th percentile

86%

Higher net margin than 98% 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

87th percentile

34%

Faster asset growth than 87% of similar nonprofits.

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

Revenue Growth

75th percentile

17%

Faster revenue growth than 75% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$261,973

Up $66,695 (+34%) from 2023

Liabilities

Down

$15,000

Down $16,582 (-53%) from 2023

Net Assets

Up

$246,973

Up $83,277 (+51%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin98th percentile

Revenue

Up

$96,850

Up $14,095 (+17%) from 2023

Expenses

Down

$13,573

Down $108,282 (-89%) from 2023

Net Income

Up

$83,277

Up $122,377 (+313%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth87th percentile

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

$300K$200K$100K$0Assets 2021: $212,795Liabilities 2021: $75,371Net Assets 2021: $137,4242021Assets 2022: $240,504Liabilities 2022: $37,708Net Assets 2022: $202,7962022Assets 2023: $195,278Liabilities 2023: $31,582Net Assets 2023: $163,6962023Assets 2024: $261,973Liabilities 2024: $15,000Net Assets 2024: $246,9732024

Highlighted filing

2024

Assets$261,973
Liabilities$15,000
Net Assets$246,973
Open 2024 Filing

Operations Trend

Revenue Growth75th percentile

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

$150K$100K$50K$0-$50KRevenue 2021: $121,728Expenses 2021: $114,791Net Income 2021: $6,9372021Revenue 2022: $126,089Expenses 2022: $108,792Net Income 2022: $17,2972022Revenue 2023: $82,755Expenses 2023: $121,855Net Income 2023: -$39,1002023Revenue 2024: $96,850Expenses 2024: $13,573Net Income 2024: $83,2772024

Highlighted filing

2024

Revenue$96,850
Expenses$13,573
Net Income$83,277
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$261,973
Liabilities
$15,000
Net assets
$246,973
Revenue
$96,850
Expenses
$13,573
Net income
$83,277
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.62$0.15$2.47$0.97$0.14$0.83
2023Detailed filing. Detailed filing data is available for this year.$1.95$0.32$1.64$0.83$1.22$0.39
2022Detailed filing. Detailed filing data is available for this year.$2.41$0.38$2.03$1.26$1.09$0.17
2021Detailed filing. Detailed filing data is available for this year.$2.13$0.75$1.37$1.22$1.15$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 1, 2025
Return Version
2024v5.1
Gross Receipts
$96,850
Mission and Program Overview

Mission

Aflyingclubthatprovidesaircrafttomembersforpleasureflying,instruction,andsocialevents

A flying club that provides aircraft to members for pleasure flying instruction and social events

Program Services

DescriptionGrantsExpenses
MET MONTHLY TO DISCUSS THE CLUB ORGANIZATION AND FLYING SAFETY$0$0
HAD 2 COMMUNAL AIRPLANE WASHES$0$0
PROVIDED A SAFE FUN AND ECONOMICAL WAY FOR MEMBERS TO FLY$0$0
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BOB KARTMANPresident-$0--
JOHN FURGEVice President-$0--
RYAN BAUERSecretary-$0--
DAN BOYLEMaintenance Officer-$0--
STEVEN HORNEYTreasurer-$0--
DAN LEONARDDirector-$0--
NATHAN HADDINGDirector-$0--
AMJAD HASNIEDirector-$0--
ROB COLEDirector-$0--
WALT KOWALDirector-$0--
JIM RICHARDSONMembership-$0--
Filing and Contact Details

Filer

Filer Name
Back Forty Flying Club Inc
EIN
35-6043209
In Care Of
% Steven Horney
Address
PO BOX 272, HUNTERTOWN, IN 46748

Signing Officer

Name
Steven Horney
Title
Treasurer
Signed
2025-04-01
Supplemental Narrative

Additional Explanations

Part I, line 8

“| Other Revenues:, Amount:| AIRCRAFT 1 FLIGHT TIME, $35340| AIRCRAFT 2 FLIGHT TIME, $28335|”

Part I, line 16

“| Other Expenses:, Amount:| DATABASE UPDATES, $1080| APPLICATION SOFTWARE, $1535| SCHEDULING SOFTWARE, $200| ONLINE PAYMENT BANK CHARGES, $941| MISCELLANEOUS, $216|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Other assets 2 AIRCRAFT, $180000, $232236|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Other assets REFUNDABLE DEPOSITS, $31582, $15000|”

Raw XML Appendix176 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/AddressChangeInd0X
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0STEVEN HORNEY
IRS990EZ/BooksInCareOfDetail/PhoneNum02604526447
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 272
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HUNTERTOWN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046748
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015278
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029737
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt083277
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0195278
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0261973
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt096850
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt033175
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0163696
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0246973
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0163696
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0246973
IRS990EZ/OccupancyRentUtltsAndMaintAmt09600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt34
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt44
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt101
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BOB KARTMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN FURGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RYAN BAUER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAN BOYLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4STEVEN HORNEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DAN LEONARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6NATHAN HADDING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7AMJAD HASNIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8ROB COLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9WALT KOWAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10JIM RICHARDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MAINTENANCE OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10MEMBERSHIP
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0180000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0232236
IRS990EZ/OtherExpensesTotalAmt03972
IRS990EZ/OtherRevenueTotalAmt063675
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0A flying club that provides aircraft to members for pleasure flying instruction and social events
IRS990EZ/PrintingPublicationsPostageAmt01
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MET MONTHLY TO DISCUSS THE CLUB ORGANIZATION AND FLYING SAFETY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1HAD 2 COMMUNAL AIRPLANE WASHES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PROVIDED A SAFE FUN AND ECONOMICAL WAY FOR MEMBERS TO FLY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt031582
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt015000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013573
IRS990EZ/TotalRevenueAmt096850
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http: www.back40fc.com
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Revenues:, Amount:| AIRCRAFT 1 FLIGHT TIME, $35340| AIRCRAFT 2 FLIGHT TIME, $28335|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| DATABASE UPDATES, $1080| APPLICATION SOFTWARE, $1535| SCHEDULING SOFTWARE, $200| ONLINE PAYMENT BANK CHARGES, $941| MISCELLANEOUS, $216|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Other assets 2 AIRCRAFT, $180000, $232236|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Other assets REFUNDABLE DEPOSITS, $31582, $15000|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Steven Horney
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BACK FORTY FLYING CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0BACK
ReturnHeader/Filer/EIN0356043209
ReturnHeader/Filer/ForeignPhoneNum02604526447
ReturnHeader/Filer/InCareOfNm0% Steven Horney
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 272
ReturnHeader/Filer/USAddress/CityNm0HUNTERTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046748
ReturnHeader/ReturnTs02025-03-31T22:29:39-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.