Civic Intelligence

Flying Circus Foundation Inc

990EZ • Fiscal year 2018 • EIN 36-4515472

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 07, 2019

PO Box 36Bealeton, VA 22712

(540) 439-8661

Siviq Scores

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

Liabilities / Assets

86th percentile

0.29x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

2.44x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

37th percentile

-4.6%

Faster asset growth than 37% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

87th percentile

54%

Faster revenue growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$131,697

Down $6,300 (-4.6%) from 2017

Net Assets

Up

$93,792

Up $4,691 (+5.3%) from 2017

Liabilities

Down

$37,905

Down $10,991 (-22%) from 2017

Revenue

Up

$15,545

Up $5,472 (+54%) from 2017

Expenses

Down

$10,854

Down $1,105 (-9.2%) from 2017

Net Income

Up

$4,691

Up $6,577 (+349%) from 2017

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: $179,419Liabilities 2010: $11,887Net Assets 2010: $167,5322010Assets 2011: $161,047Liabilities 2011: $11,520Net Assets 2011: $149,5272011Assets 2012: $145,630Liabilities 2012: $11,520Net Assets 2012: $134,1102012Assets 2013: $130,553Liabilities 2013: $11,520Net Assets 2013: $119,0332013Assets 2014: $190,376Liabilities 2014: $81,125Net Assets 2014: $109,2512014Assets 2015: $168,294Liabilities 2015: $70,045Net Assets 2015: $98,2492015Assets 2016: $150,321Liabilities 2016: $59,334Net Assets 2016: $90,9872016Assets 2017: $137,997Liabilities 2017: $48,896Net Assets 2017: $89,1012017Assets 2018: $131,697Liabilities 2018: $37,905Net Assets 2018: $93,7922018Assets 2019: $125,672Liabilities 2019: $26,332Net Assets 2019: $99,3402019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2018

Assets$131,697
Liabilities$37,905
Net Assets$93,792

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2010: $105,5362010Expenses 2011: $28,5482011Expenses 2012: $18,7452012Revenue 2013: $120Expenses 2013: $15,197Net Income 2013: -$15,0772013Revenue 2014: $585Expenses 2014: $10,367Net Income 2014: -$9,7822014Revenue 2015: $1,830Expenses 2015: $12,832Net Income 2015: -$11,0022015Revenue 2016: $5,003Expenses 2016: $12,265Net Income 2016: -$7,2622016Revenue 2017: $10,073Expenses 2017: $11,959Net Income 2017: -$1,8862017Revenue 2018: $15,545Expenses 2018: $10,854Net Income 2018: $4,6912018Revenue 2019: $18,201Expenses 2019: $12,653Net Income 2019: $5,5482019Revenue 2020: $5,836Expenses 2020: $10,545Net Income 2020: -$4,7092020

Highlighted filing

2018

Revenue$15,545
Expenses$10,854
Net Income$4,691
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 7, 2019
Return Version
2018v3.1
Gross Receipts
$15,545
Mission and Program Overview

Mission

To educate the public through historical reenactment and preservation of vintage aircraft.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION BEGAN CONSTRUCTION OF A HANGAR MUSEUM DURING 2014. THERE WILL BE MORE PROGRAM SERVICE ACCOMPLISHMENTS IN THE COMING YEARS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN D KINGDirector-$0--
BRYON STEWARTDirector-$0--
MICHAEL KINGTreasurer/Secretary-$0--
DAVID BROWNVice President-$0--
MICHAEL TRUSCHELPresident-$0--
Filing and Contact Details

Filer

Filer Name
Flying Circus Foundation Inc
EIN
36-4515472
Phone
5404398661
Address
PO BOX 36, BEALETON, VA 22712

Signing Officer

Name
Michael King
Title
Treasurer
Phone
5404398661
Signed
2019-03-07
Discuss with paid preparer
Yes

Preparer

Firm
Yount Hyde & Barbour Pc
Address
1100 SUNSET LANE SUITE 1310, CULPEPER, VA 22701
Preparer
Megan P Furlong CPA
Phone
5408256050
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 7,574.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: interest expense. Amount: 1,804. Description: bank fees. Amount: 112. Total to form 990-ez, line 16: 1,916.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 13,180. End of year amount: 10,030.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: loans payable. Beg. Of year amount: 9,000. End of year amount: 9,000. Description: construction loan. Beg. Of year amount: 39,896. End of year amount: 28,905.

Raw XML Appendix187 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/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL KING
IRS990EZ/BooksInCareOfDetail/PhoneNum05404393414
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06471 STONEY ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MIDLAND
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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd022728
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IRS990EZ/LandAndBuildingsGrp/EOYAmt0120011
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IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt089101
IRS990EZ/NetAssetsOrFundBalancesEOYAmt093792
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt093792
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN D KING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRYON STEWART
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MICHAEL KING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAVID BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MICHAEL TRUSCHEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER/SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt013180
IRS990EZ/OtherAssetsTotalDetail/EOYAmt010030
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01916
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO EDUCATE THE PUBLIC THROUGH HISTORICAL REENACTMENT AND PRESERVATION OF VINTAGE AIRCRAFT.
IRS990EZ/ProgramServiceRevenueAmt01300
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION BEGAN CONSTRUCTION OF A HANGAR MUSEUM DURING 2014. THERE WILL BE MORE PROGRAM SERVICE ACCOMPLISHMENTS IN THE COMING YEARS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt048896
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt037905
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt015545
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FLYINGCIRCUSAIRSHOW.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt014245
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt07663
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0537
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt027745
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01300
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02410
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03710
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt048
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt062
IRS990ScheduleA/InvestmentIncomeCYPct00.00200
IRS990ScheduleA/InvestmentIncomePYPct00.00600
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99800
IRS990ScheduleA/PublicSupportPY509Pct00.99400
IRS990ScheduleA/PublicSupportTotal509Amt031455
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0300
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0537
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0585
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt031517
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 7,574.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INTEREST EXPENSE. AMOUNT: 1,804. DESCRIPTION: BANK FEES. AMOUNT: 112. TOTAL TO FORM 990-EZ, LINE 16: 1,916.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 13,180. END OF YEAR AMOUNT: 10,030.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: LOANS PAYABLE. BEG. OF YEAR AMOUNT: 9,000. END OF YEAR AMOUNT: 9,000. DESCRIPTION: CONSTRUCTION LOAN. BEG. OF YEAR AMOUNT: 39,896. END OF YEAR AMOUNT: 28,905.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL KING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05404398661
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLYING CIRCUS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FLYI
ReturnHeader/Filer/EIN0364515472
ReturnHeader/Filer/PhoneNum05404398661
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 36
ReturnHeader/Filer/USAddress/CityNm0BEALETON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022712
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02BD9941C2218514039E2696DAFBBB0AADD46666A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02BD9941C2218514039E2696DAFBBB0AADD46666A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.4.100.170
ReturnHeader/FilingSecurityInformation/IPDt02019-03-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm018:39:03
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541149263
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YOUNT HYDE & BARBOUR PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01100 SUNSET LANE SUITE 1310
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CULPEPER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022701
ReturnHeader/PreparerPersonGrp/PhoneNum05408256050
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MEGAN P FURLONG CPA
ReturnHeader/ReturnTs02019-03-08T08:33:30-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings