Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
Olds Forge Flyers Inc
990EZ • Fiscal year 2022 • EIN 38-6089486
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.20x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
79th percentile
Higher net margin than 79% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 3.4% of source-year revenue.
Asset Growth
63rd percentile
Faster asset growth than 63% of similar nonprofits.
Revenue Growth
44th percentile
Faster revenue growth than 44% of similar nonprofits.
Balance Sheet
Assets
Up$340,988
Up $19,607 (+6.1%) from 2021
Net Assets
Up$272,000
Up $15,996 (+6.2%) from 2021
Liabilities
Up$68,988
Up $3,611 (+5.5%) from 2021
Revenue And Expenses
Revenue
Up$71,862
Up $4,895 (+7.3%) from 2021
Expenses
Up$58,955
Up $9,405 (+19%) from 2021
Net Income
Down$12,907
Down $4,510 (-26%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Apr 21, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $71,862
Mission and Program Overview
Mission
Olds Forge Flyers provides members (33) 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 (31) 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 |
|---|---|---|---|---|---|
| Chester Dawson | Director & Maintenance Chief | PT | $2,476 | - | $2,476 |
| Richard Best | Vice President | PT | $1,165 | - | $1,165 |
| Larry Borton | President | PT | $0 | - | - |
| Stephen Harsh | Treasurer | PT | $0 | - | - |
| Steve Colby | Secretary | - | $0 | - | - |
| Steve Balbach | Maintenance Assistant | PT | $0 | - | - |
| Mark Coucke | Director | - | $0 | - | - |
| Dave Oxendale | Director | - | $0 | - | - |
| John Yurkon | Director | - | $0 | - | - |
| Todd Tarrant | 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
- 2023-04-21
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 8
“Description;Amount^Aircraft Income;36942|Misc;93^Total;37035^”
Form 990-EZ, Part I, Line 16
“Description;Amount^Aircraft Depletion;8272|Fuel and Oil;15030|Maintenance;10366|Technology Fees;1614|Insurance;10964|License and Permits;92^Total;46338^”
Form 990-EZ, Part I, Line 20
“Equity Fees charged to new members of the club.”
Form 990-EZ, Part II, Line 24
“Description;EOY Amount^Aircraft Net Asset Value Cost less Depletion;221698|Accounts Receivable;-8|Pre Paid Expenses;4318^Total;226008^”
Form 990-EZ, Part II, Line 26
“Description;EOY Amount^Accounts Payable;-1194|Comp Time Payable;40796|Net Liability Waiver Fund;11059|Cash Reserves;1500|Equipment Improvement Fund;15897|Key Deposit;930^Total;68988^”
Raw XML Appendix171 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 | 119695 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 114980 |
| 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 | 12907 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 0 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 321381 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 340988 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 71862 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 292 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 34535 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 256004 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 272000 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 256004 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 272000 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 7070 |
| 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 | 1165 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 2476 |
| 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 | Todd Tarrant |
| 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 | 201686 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 226008 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 3089 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 46338 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 37035 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Olds Forge Flyers provides members (33) 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 | 747 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Olds Forge Flyers provides members (31) 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 | 65377 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 68988 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 58955 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 71862 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://oldsforgeflyers.com/ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description;Amount^Aircraft Income;36942|Misc;93^Total;37035^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description;Amount^Aircraft Depletion;8272|Fuel and Oil;15030|Maintenance;10366|Technology Fees;1614|Insurance;10964|License and Permits;92^Total;46338^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Equity Fees charged to new members of the club. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description;EOY Amount^Aircraft Net Asset Value Cost less Depletion;221698|Accounts Receivable;-8|Pre Paid Expenses;4318^Total;226008^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description;EOY Amount^Accounts Payable;-1194|Comp Time Payable;40796|Net Liability Waiver Fund;11059|Cash Reserves;1500|Equipment Improvement Fund;15897|Key Deposit;930^Total;68988^ |
| 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 | 1 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Stephen Harsh |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5173491674 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-04-21 |
| 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/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2023-04-24T20:20:29-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $340,988
- Liabilities
- $68,988
- Net assets
- $272,000
- Revenue
- $71,862
- Expenses
- $58,955
- Net income
- $12,907