Civic Intelligence

Midland Experimental Aircraft Assoc

EIN 38-3250754 • 501(c)3 • Midland, MI

Profile

Foster, promote and engage in aviation education with emphasis on youth. Operate as a local chapter of the experimental aircraft association promote and encourage the sport and hobby of recreational aviation activities cooperate with and assist governmental agencies in the development of programs relating to aviation activities promote and encourage aviation safety in the design, construction, restoration and operation of all types of aircraft encourage and engage in research for the improvement and better understanding of aviation and the science of aeronautics promote and encourage grass roots efforts in relating to aviation research and development foster closer fellowship among it's members through the exchagee of ideas of mutual interest

PO Box 2464Midland, MI 48640

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

12th percentile

-68%

Higher net margin than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

37th percentile

-11%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

24th percentile

-32%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$189,238

Down $24,088 (-11%) from 2014

Liabilities

Flat

$0

Flat from 2014

Net Assets

Down

$189,238

Down $24,088 (-11%) from 2014

Revenue

Down

$19,278

Down $8,889 (-32%) from 2014

Expenses

Up

$32,364

Up $14,519 (+81%) from 2014

Net Income

Down

-$13,086

Down $23,408 (-227%) from 2014

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $213,326Liabilities 2014: $0Net Assets 2014: $213,3262014Assets 2015: $189,238Liabilities 2015: $0Net Assets 2015: $189,2382015

Highlighted filing

2015

Assets$189,238
Liabilities$0
Net Assets$189,238

Operations Trend

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

$40K$20K$0-$20KRevenue 2014: $28,167Expenses 2014: $17,845Net Income 2014: $10,3222014Revenue 2015: $19,278Expenses 2015: $32,364Net Income 2015: -$13,0862015

Highlighted filing

2015

Revenue$19,278
Expenses$32,364
Net Income-$13,086

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 5, 2016
Return Version
2015v2.1
Gross Receipts
$27,369
Mission and Program Overview

Mission

Foster, promote and engage in aviation education with emphasis on youth. Operate as a local chapter of the experimental aircraft association promote and encourage the sport and hobby of recreational aviation activities cooperate with and assist governmental agencies in the development of programs relating to aviation activities promote and encourage aviation safety in the design, construction, restoration and operation of all types of aircraft encourage and engage in research for the improvement and better understanding of aviation and the science of aeronautics promote and encourage grass roots efforts in relating to aviation research and development foster closer fellowship among it's members through the exchagee of ideas of mutual interest

Program Services

DescriptionGrantsExpenses
KIDS TO EAA AIRVENTRURE IN OSHKOSH WI PROVIDES A FREE FLIGHT TO THE LARGEST GATHERING OF GENERAL AVIATION PLANES AND PILOTS IN THE WORLD. ANUUALY 4-6 YOUNG PEOPLE ARE CHOSEN FROM AVIATION CAMP PARTICIPANTS TO RECEIVE THIS TRIP PILOT EDUCATION PROGRAMS AND SEMINARS-$13,368
TO PROVIDE GRANTS AND SCHOLARSHIPS TO FUTURE PILOTS$11,500$11,500
AVIATION CAMP WEEK-LONG DAY CAMP TO ACQUAINT YOUNG PEOPLE WITH A BROAD SPECTRUM OF FLYING, INCLUDING SUBJECTS ON AERODYNAMICS OF FLYING, FUNCTION OF AIRCRAFT CONTROLS, WEATHER INFLUENCES AND INSTRUMENTATION-$1,608
YOUNG EAGLE FLIGHTS YOUNG EAGLES IS AN EAA NATIONAL PROGRAM TO GIVE YOUNG PEOPLE EIGHT TO SEVENTEEN THE EXPERIENCE OF FLYING.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-President-$0--
-VP-$0--
-Secretary-$0--
-Treasurer-$0--
-Editor-$0--
-Publicity-$0--
-Membership-$0--
-Flight Adv.-$0--
-Young Eagles-$0--
-Programs-$0--
-Historian-$0--
-Bldg. Mgr.-$0--
-Tech. Adv.-$0--
Filing and Contact Details

Filer

Filer Name
Midland Experimental Aircraft Assoc
EIN
38-3250754
Address
PO BOX 2464, MIDLAND, MI 48640

Signing Officer

Name
Midland Experimental Aircraft Assoc
Title
President
Phone
9896314530
Signed
2016-06-05

Preparer

Firm
Yeo & Yeo Pc
Address
6018 EASTMAN AVE, MIDLAND, MI 48640-2518
Preparer
Michael R Zimmerman
Phone
9896316060
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Fancy birdhouses llc 3,461 other revenue 269 total 3,730

Form 990-ez, Part I, Line 10

11,500 0 0

Form 990-ez, Part I, Line 16

Expenses aviation camp 1,608 fuel for kids to oshkosh 528 public recognition 1,076 supplies 66 postage 129 bank charges 54 membership expenses 891 miscellaneous 1,501 maintenance 4,158 insurance 3,126 non-investment depreciation 600 total 13,737

Form 990-ez, Part I, Line 20

Unrealized losses on investments -11,002

Form 990-ez, Part II, Line 24

15,955 15,955 less accumulated depreciation 3,718 4,318 total 12,237 11,637

Form 990-ez, Part III

Foster, promote and engage in aviation education with emphasis on youth. Operate as a local chapter of the experimental aircraft association promote and encourage the sport and hobby of recreational aviation activities cooperate with and assist governmental agencies in the development of programs relating to aviation activities promote and encourage aviation safety in the design, construction, restoration and operation of all types of aircraft encourage and engage in research for the improvement and better understanding of aviation and the science of aeronautics promote and encourage grass roots efforts in relating to aviation research and development foster closer fellowship among it's members through the exchagee of ideas of mutual interest

Form 990-ez, Part III, Line 30

Aviation camp week-long day camp to acquaint young people with a broad spectrum of flying, including subjects on aerodynamics of flying, function of aircraft controls, weather influences and instrumentation

Form 990-ez, Part III, Line 31

Kids to eaa airventrure in oshkosh wi provides a free flight to the largest gathering of general aviation planes and pilots in the world. Anuualy 4-6 young people are chosen from aviation camp participants to receive this trip pilot education programs and seminars

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FANCY BIRDHOUSES LLC 3,461 OTHER REVENUE 269 TOTAL 3,730
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt111,500 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES AVIATION CAMP 1,608 FUEL FOR KIDS TO OSHKOSH 528 PUBLIC RECOGNITION 1,076 SUPPLIES 66 POSTAGE 129 BANK CHARGES 54 MEMBERSHIP EXPENSES 891 MISCELLANEOUS 1,501 MAINTENANCE 4,158 INSURANCE 3,126 NON-INVESTMENT DEPRECIATION 600 TOTAL 13,737
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNREALIZED LOSSES ON INVESTMENTS -11,002
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt415,955 15,955 LESS ACCUMULATED DEPRECIATION 3,718 4,318 TOTAL 12,237 11,637
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FOSTER, PROMOTE AND ENGAGE IN AVIATION EDUCATION WITH EMPHASIS ON YOUTH. OPERATE AS A LOCAL CHAPTER OF THE EXPERIMENTAL AIRCRAFT ASSOCIATION PROMOTE AND ENCOURAGE THE SPORT AND HOBBY OF RECREATIONAL AVIATION ACTIVITIES COOPERATE WITH AND ASSIST GOVERNMENTAL AGENCIES IN THE DEVELOPMENT OF PROGRAMS RELATING TO AVIATION ACTIVITIES PROMOTE AND ENCOURAGE AVIATION SAFETY IN THE DESIGN, CONSTRUCTION, RESTORATION AND OPERATION OF ALL TYPES OF AIRCRAFT ENCOURAGE AND ENGAGE IN RESEARCH FOR THE IMPROVEMENT AND BETTER UNDERSTANDING OF AVIATION AND THE SCIENCE OF AERONAUTICS PROMOTE AND ENCOURAGE GRASS ROOTS EFFORTS IN RELATING TO AVIATION RESEARCH AND DEVELOPMENT FOSTER CLOSER FELLOWSHIP AMONG IT'S MEMBERS THROUGH THE EXCHAGEE OF IDEAS OF MUTUAL INTEREST
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02016-06-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL R ZIMMERMAN
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ReturnHeader/TaxPeriodEndDt02015-12-31
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