Civic Intelligence

Midland Experimental Aircraft Association Chapter 1093

990EZ • Fiscal year 2014 • EIN 38-3250754

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 10, 2015

PO Box 2464Midland, MI 48640

(989) 631-4530

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$213,326

No earlier filing loaded for comparison.

Net Assets

$213,326

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$28,167

No earlier filing loaded for comparison.

Expenses

$17,845

No earlier filing loaded for comparison.

Net Income

$10,322

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

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

Highlighted filing

2014

Assets$213,326
Liabilities$0
Net Assets$213,326

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2014

Revenue$28,167
Expenses$17,845
Net Income$10,322
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 10, 2015
Return Version
2014v5.0
Gross Receipts
$43,107
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-$10,141
TO PROVIDE GRANTS AND SCHOLARSHIPS TO FUTURE PILOTS$3,425$3,425
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-$1,456
YOUNG EAGLE FLIGHTS YOUNG EAGLES IS AN EAA NATIONAL PROGRAM TO GIVE YOUNG PEOPLE EIGHT TO SEVENTEEN THE EXPERIENCE OF FLYING.-$169
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
John Wilson
Title
Treasurer
Signed
2015-04-10

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 11,298 camp 1,350 total 12,648

Form 990-ez, Part I, Line 16

Expenses aviation camp 1,456 fuel for kids to oshkosh 538 public recognition 1,353 supplies 568 fuel for young eagles fli 169 postage 150 membership expenses 1,499 maintenance 3,032 insurance 3,874 non-investment depreciation 600 total 13,239

Form 990-ez, Part I, Line 20

Unrealized losses on investments -7,719

Form 990-ez, Part II, Line 24

15,955 15,955 less accumulated depreciation 3,118 3,718 total 12,837 12,237

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 11,298 CAMP 1,350 TOTAL 12,648
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES AVIATION CAMP 1,456 FUEL FOR KIDS TO OSHKOSH 538 PUBLIC RECOGNITION 1,353 SUPPLIES 568 FUEL FOR YOUNG EAGLES FLI 169 POSTAGE 150 MEMBERSHIP EXPENSES 1,499 MAINTENANCE 3,032 INSURANCE 3,874 NON-INVESTMENT DEPRECIATION 600 TOTAL 13,239
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED LOSSES ON INVESTMENTS -7,719
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt315,955 15,955 LESS ACCUMULATED DEPRECIATION 3,118 3,718 TOTAL 12,837 12,237
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOSTER, 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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVIATION 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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6KIDS 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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
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ReturnHeader/PreparerPersonGrp/PreparationDt02015-04-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL R ZIMMERMAN
ReturnHeader/ReturnTs02015-04-30T14:14:51-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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