Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Olds Forge Flyers Inc
EIN 38-6089486 • 501(c)7 • Lansing, MI
Profile
Olds Forge Flyers provides members (32) with access to aircraft at a reasonable cost for the purposes of instruction, training, recreation and transportation with a special emphasis on encouraging safety.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.21x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
74th percentile
Higher net margin than 74% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 1.5% of source-year revenue.
Asset Growth
63rd percentile
Faster asset growth than 63% of similar nonprofits.
Revenue Growth
83rd percentile
Faster revenue growth than 83% of similar nonprofits.
Balance Sheet
Assets
Up$391,334
Up $21,403 (+5.8%) from 2023
Liabilities
Up$80,957
Up $5,439 (+7.2%) from 2023
Net Assets
Up$310,377
Up $15,964 (+5.4%) from 2023
Revenue
Up$94,110
Up $20,020 (+27%) from 2023
Expenses
Up$80,981
Up $22,653 (+39%) from 2023
Net Income
Down$13,129
Down $2,633 (-17%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $391,334
- Liabilities
- $80,957
- Net assets
- $310,377
- Revenue
- $94,110
- Expenses
- $80,981
- Net income
- $13,129
Latest Detailed Filing
The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- May 2, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $66,967
Mission and Program Overview
Mission
Olds Forge Flyers provides members (40) with access to aircraft at a reasonable cost for the purposes of instruction, training, recreation and transportation with a special emphasis on encouraging safety.
Olds Forge Flyers provides members (32) with access to aircraft at a reasonable cost for the purposes of instruction, training, recreation and transportation with a special emphasis on encouraging safety.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Olds Forge Flyers provides members (29) with access to aircraft at a reasonable cost for the purposes of instruction, training, recreation and transportation with a special emphasis on encouraging safety. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Richard Best | Vice President | PT | $777 | - | $777 |
| Larry Borton | President | PT | $0 | - | - |
| Stephen Harsh | Treasurer | PT | $0 | - | - |
| Steve Colby | Secretary | - | $0 | - | - |
| Chester Dawson | Director & Maintenance Chief | PT | $0 | - | - |
| Steve Balbach | Maintenance Assistant | PT | $0 | - | - |
| Mark Coucke | Director | - | $0 | - | - |
| Dave Oxendale | Director | - | $0 | - | - |
| John Yurkon | Director | - | $0 | - | - |
| Frank Eastman | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Olds Forge Flyers Inc
- EIN
- 38-6089486
- Phone
- 5173491674
- Address
- PO Box 80565, Lansing, MI 48908
Signing Officer
- Name
- Stephen Harsh
- Title
- Treasurer
- Phone
- 5173491674
- Signed
- 2022-05-02
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 8
“Description;Amount^Aircraft Income;34503|Misc;89^Total;34592^”
Form 990-EZ, Part I, Line 16
“Information Technology = $456, Charts & GPS Fees = $726 , Training Materials = $ 0, Insurance = $9,596, Licenses & Permits = $0, Aircraft Fuel = $12.605, Aircraft Maintenance & Repairs = $6.214 Depletion = $8,463, Other Misc. = $2”
Form 990-EZ, Part I, Line 20
“Equity fees charged to new members of the club”
Form 990-EZ, Part II, Line 24
“Accounts Receivable = $2,528, PrePaid Expenses = $3,895, Value of 2 Aircraft (Cost less Depletion) = $195,263”
Form 990-EZ, Part II, Line 26
“Accounts Payable = $-528, Comp Time Payable = $40,166, Key Deposit = $870, Liability Waiver Fund = $10,682, Cash Reserves = $1,500, Equipment Improvement Fund = $12,687”
Raw XML Appendix170 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Stephen Harsh |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5173491674 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO Box 80565 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Lansing |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 48908 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 116377 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 119695 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 0 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 17417 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 0 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 293368 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 321381 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 66967 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 430 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 31945 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 231506 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 256004 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 231506 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 256004 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 6100 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 9 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 777 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Larry Borton |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Richard Best |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Stephen Harsh |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Steve Colby |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Chester Dawson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Steve Balbach |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | Mark Coucke |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | Dave Oxendale |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | John Yurkon |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | Frank Eastman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director & Maintenance Chief |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Maintenance Assistant |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | Director |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 176991 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 201686 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 7081 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 38062 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 34592 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Olds Forge Flyers provides members (32) with access to aircraft at a reasonable cost for the purposes of instruction, training, recreation and transportation with a special emphasis on encouraging safety. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 588 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Olds Forge Flyers provides members (29) with access to aircraft at a reasonable cost for the purposes of instruction, training, recreation and transportation with a special emphasis on encouraging safety. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 4800 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 61862 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 65377 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 49550 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 66967 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://oldsforgeflyers.com/ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description;Amount^Aircraft Income;34503|Misc;89^Total;34592^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Information Technology = $456, Charts & GPS Fees = $726 , Training Materials = $ 0, Insurance = $9,596, Licenses & Permits = $0, Aircraft Fuel = $12.605, Aircraft Maintenance & Repairs = $6.214 Depletion = $8,463, Other Misc. = $2 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Equity fees charged to new members of the club |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Accounts Receivable = $2,528, PrePaid Expenses = $3,895, Value of 2 Aircraft (Cost less Depletion) = $195,263 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Accounts Payable = $-528, Comp Time Payable = $40,166, Key Deposit = $870, Liability Waiver Fund = $10,682, Cash Reserves = $1,500, Equipment Improvement Fund = $12,687 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part II, Line 26 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Stephen Harsh |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5173491674 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-05-02 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | OLDS FORGE FLYERS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | OLDS |
| ReturnHeader/Filer/EIN | 0 | 386089486 |
| ReturnHeader/Filer/PhoneNum | 0 | 5173491674 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 80565 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Lansing |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 48908 |
| ReturnHeader/ReturnTs | 0 | 2022-05-02T20:54:33-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.