Civic Intelligence

Sage Air Inc

EIN 37-1244086 • 501(c)4 • Monticello, IL

Profile

Operation and maintenance of airport

502 E WashingtonMonticello, IL 61856

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2020

Net Margin

1st percentile

-251714%

Higher net margin than 1% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2020

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

14th percentile

-56%

Faster revenue growth than 14% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$0

Down $17,932 (-100%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $17,620 (-100%) from 2019

Revenue

Down

$7

Down $9 (-56%) from 2019

Expenses

Up

$17,627

Up $8,926 (+103%) from 2019

Net Income

Down

-$17,620

Down $8,935 (-103%) from 2019

Trend Graphs

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2010: $28,001Liabilities 2010: $215Net Assets 2010: $27,7862010Assets 2011: $28,654Liabilities 2011: $195Net Assets 2011: $28,4592011Assets 2012: $25,632Liabilities 2012: $197Net Assets 2012: $25,4352012Assets 2013: $28,757Liabilities 2013: $187Net Assets 2013: $28,5702013Assets 2014: $27,041Net Assets 2014: $27,0412014Assets 2015: $32,074Liabilities 2015: $138Net Assets 2015: $31,9362015Assets 2016: $29,257Liabilities 2016: $359Net Assets 2016: $28,8982016Assets 2017: $29,892Liabilities 2017: $3,352Net Assets 2017: $26,5402017Assets 2018: $26,996Liabilities 2018: $691Net Assets 2018: $26,3052018Assets 2019: $17,932Liabilities 2019: $312Net Assets 2019: $17,6202019Assets 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities-
Net Assets$0

Operations Trend

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

$20K$10K$0-$10K-$20KRevenue 2010: $7,770Expenses 2010: $15,399Net Income 2010: -$7,6292010Revenue 2011: $15,770Expenses 2011: $15,097Net Income 2011: $6732011Revenue 2012: $12,780Expenses 2012: $15,804Net Income 2012: -$3,0242012Revenue 2013: $15,387Expenses 2013: $12,252Net Income 2013: $3,1352013Revenue 2014: $11,423Expenses 2014: $12,952Net Income 2014: -$1,5292014Revenue 2015: $17,395Expenses 2015: $12,500Net Income 2015: $4,8952015Revenue 2016: $10,300Expenses 2016: $13,338Net Income 2016: -$3,0382016Revenue 2017: $12,868Expenses 2017: $15,226Net Income 2017: -$2,3582017Revenue 2018: $11,080Expenses 2018: $11,315Net Income 2018: -$2352018Revenue 2019: $16Expenses 2019: $8,701Net Income 2019: -$8,6852019Revenue 2020: $7Expenses 2020: $17,627Net Income 2020: -$17,6202020

Highlighted filing

2020

Revenue$7
Expenses$17,627
Net Income-$17,620

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 2, 2021
Return Version
2020v4.0
Gross Receipts
$7
Mission and Program Overview

Mission

Operation and maintenance of airport

Program Services

DescriptionGrantsExpenses
FINAL DISTRIBUTION$14,403$14,403
OBTAINS GRANTS FROM THE CITY OF MONTICELLO FOR THE OPERATION AND MAINTENANCE OF THE MONTICELLO AIRPORT.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DANIEL R LEACHPresident-$0--
ROBERT J MANINTVice Pres.-$0--
RICHARD JESSESecretary-$0--
RICHARD G WILKINTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Sage Air Inc
EIN
37-1244086
Phone
2177622654
Address
502 E WASHINGTON, MONTICELLO, IL 61856

Signing Officer

Name
Richard G Wilkin
Title
Treasurer
Phone
2177622654
Signed
2021-02-02

Preparer

Firm
Mck Cpas & Advisors
Address
1353 E MOUND RD SUITE 300, DECATUR, IL 62526
Preparer
David S Brown
Phone
2178752655
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: monticello industrial action corp. Address: 201 west main monticello, il 61856 cash contribution: 10,000

Form 990-ez, Part I, Line 16

Expenses postage 92 licensure 25 other expenses 1,093 inventory write off 1,529 total 2,739

Form 990-ez, Part II, Line 24

Accounts receivable 422 0 inventories for sale or use 1,529 0 equipment 21,646 0 less accumulated depreciation 21,646 0 total 1,951 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 312 0

Form 990-ez, Part III, Line 31

FINAL DISTRIBUTION

Raw XML Appendix126 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0DANIEL R LEACH
CompensationExplanation/CompensationExplanationGrp/PersonNm1ROBERT J MANINT
CompensationExplanation/CompensationExplanationGrp/PersonNm2RICHARD JESSE
CompensationExplanation/CompensationExplanationGrp/PersonNm3RICHARD G WILKIN
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RICHARD G WILKIN
IRS990EZ/BooksInCareOfDetail/PhoneNum02177622654
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0502 E WASHINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MONTICELLO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd061856
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015981
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-17620
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0485
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt017932
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt014403
IRS990EZ/GrossReceiptsAmt07
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt07
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt017620
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt017620
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DANIEL R LEACH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROBERT J MANINT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RICHARD JESSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RICHARD G WILKIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRES.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01951
IRS990EZ/OtherExpensesTotalAmt02739
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0OPERATION AND MAINTENANCE OF AIRPORT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OBTAINS GRANTS FROM THE CITY OF MONTICELLO FOR THE OPERATION AND MAINTENANCE OF THE MONTICELLO AIRPORT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1FINAL DISTRIBUTION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt014403
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt014403
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0312
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt017627
IRS990EZ/TotalProgramServiceExpensesAmt014403
IRS990EZ/TotalRevenueAmt07
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0SEE SCHEDULE O
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1FOR GRANTS PAID
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0THE LEASE FOR THE FACILITY WAS TERMINATED IN 2020 AND ALL ACTIVITIES TERMINATED AS WELL. FINAL FUNDS HAVE BEEN DISTRIBUTED AS GRANTS TO LOCAL NOT FOR PROFIT ENTITIES IN ACCORDANCE WITH THE BY-LAWS OF THE ORGANIZATION
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: MONTICELLO INDUSTRIAL ACTION CORP. ADDRESS: 201 WEST MAIN MONTICELLO, IL 61856 CASH CONTRIBUTION: 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES POSTAGE 92 LICENSURE 25 OTHER EXPENSES 1,093 INVENTORY WRITE OFF 1,529 TOTAL 2,739
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 422 0 INVENTORIES FOR SALE OR USE 1,529 0 EQUIPMENT 21,646 0 LESS ACCUMULATED DEPRECIATION 21,646 0 TOTAL 1,951 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 312 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FINAL DISTRIBUTION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
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, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD G WILKIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02177622654
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAGE AIR INC
ReturnHeader/Filer/BusinessNameControlTxt0SAGE
ReturnHeader/Filer/EIN0371244086
ReturnHeader/Filer/PhoneNum02177622654
ReturnHeader/Filer/USAddress/AddressLine1Txt0502 E WASHINGTON
ReturnHeader/Filer/USAddress/CityNm0MONTICELLO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061856
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371074029
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCK CPAS & ADVISORS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01353 E MOUND RD SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DECATUR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062526
ReturnHeader/PreparerPersonGrp/PhoneNum02178752655
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID S BROWN
ReturnHeader/ReturnTs02021-02-18T09:25:21-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WILKIN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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