Civic Intelligence

Olds Forge Flyers Inc

990EZ • Fiscal year 2023 • EIN 38-6089486

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 19, 2024

Organization Profileoldsforgeflyers.com
PO Box 80565Lansing, MI 48908

(517) 316-6764

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.20x

Higher debt load relative to assets than 82% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

95th percentile

1.02x

Higher debt load relative to revenue than 95% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Net Margin

83rd percentile

21%

Higher net margin than 83% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Top Officer Pay

94th percentile

$1,425

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Asset Growth

67th percentile

8.5%

Faster asset growth than 67% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

46th percentile

3.1%

Faster revenue growth than 46% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$369,931

Up $28,943 (+8.5%) from 2022

Net Assets

Up

$294,413

Up $22,413 (+8.2%) from 2022

Liabilities

Up

$75,518

Up $6,530 (+9.5%) from 2022

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin83rd percentile

Revenue

Up

$74,090

Up $2,228 (+3.1%) from 2022

Expenses

Down

$58,328

Down $627 (-1.1%) from 2022

Net Income

Up

$15,762

Up $2,855 (+22%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

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

$400K$300K$200K$100K$0Assets 2011: $213,043Liabilities 2011: $48,7122011Assets 2012: $224,765Liabilities 2012: $51,5362012Assets 2013: $223,474Liabilities 2013: $51,0362013Assets 2014: $235,537Liabilities 2014: $39,5922014Assets 2015: $239,962Liabilities 2015: $36,3072015Assets 2016: $248,619Liabilities 2016: $43,2382016Assets 2017: $256,300Liabilities 2017: $45,7602017Assets 2018: $271,105Liabilities 2018: $51,5412018Assets 2020: $293,368Liabilities 2020: $61,8622020Assets 2021: $321,381Liabilities 2021: $65,377Net Assets 2021: $256,0042021Assets 2022: $340,988Liabilities 2022: $68,988Net Assets 2022: $272,0002022Assets 2023: $369,931Liabilities 2023: $75,518Net Assets 2023: $294,4132023Assets 2024: $391,334Liabilities 2024: $80,957Net Assets 2024: $310,3772024

Highlighted filing

2023

Assets$369,931
Liabilities$75,518
Net Assets$294,413
Open 2023 Filing

Operations Trend

Revenue Growth46th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2011: $73,465Expenses 2011: $65,707Net Income 2011: $7,7582011Revenue 2012: $71,748Expenses 2012: $62,850Net Income 2012: $8,8982012Revenue 2013: $46,419Expenses 2013: $48,514Net Income 2013: -$2,0952013Revenue 2014: $49,256Expenses 2014: $49,510Net Income 2014: -$2542014Revenue 2015: $50,510Expenses 2015: $45,978Net Income 2015: $4,5322015Revenue 2016: $37,033Expenses 2016: $36,181Net Income 2016: $8522016Revenue 2017: $41,528Expenses 2017: $36,758Net Income 2017: $4,7702017Revenue 2018: $49,618Expenses 2018: $46,504Net Income 2018: $3,1142018Revenue 2020: $44,306Expenses 2020: $43,731Net Income 2020: $5752020Revenue 2021: $66,967Expenses 2021: $49,550Net Income 2021: $17,4172021Revenue 2022: $71,862Expenses 2022: $58,955Net Income 2022: $12,9072022Revenue 2023: $74,090Expenses 2023: $58,328Net Income 2023: $15,7622023Revenue 2024: $94,110Expenses 2024: $80,981Net Income 2024: $13,1292024

Highlighted filing

2023

Revenue$74,090
Expenses$58,328
Net Income$15,762
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 19, 2024
Return Version
2023v5.0
Gross Receipts
$74,090
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.

Olds Forge Flyers provides members (38) 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

DescriptionGrantsExpenses
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.--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chester DawsonDirector & Maintenance ChiefPT$1,425-$1,425
Richard BestVice PresidentPT$649-$649
Larry BortonPresidentPT$0--
Stephen HarshTreasurerPT$0--
Steve ColbySecretary-$0--
Steve BalbachMaintenance AssistantPT$0--
Mark CouckeDirector-$0--
Dave OxendaleDirector-$0--
John YurkonDirector-$0--
Todd TarrantDirector-$0--
Filing and Contact Details

Filer

Filer Name
Olds Forge Flyers Inc
EIN
38-6089486
Phone
5173166764
Address
PO Box 80565, Lansing, MI 48908

Signing Officer

Name
Stephen Harsh
Title
Treasurer
Phone
5173166764
Signed
2024-04-19
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Description;Amount^Aircraft Income;36133|Misc;190^Total;36323^”

Form 990-EZ, Part I, Line 16

“Description;Amount^Aircraft Depletion;8345|Fuel and Oil;15316|Aircraft Mainenance;8489|Information Technology;1514|Insurance;10870^Total;44534^”

Form 990-EZ, Part I, Line 20

“Equity Fees of New Members”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^Aircraft Net Assets Value;213355|Accounts Receivable;3144|Pre Paid Expenses;3571^Total;220070^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^Comp Time Payable;43297|Accounts Payable;-1235|Cash Reserves;1500|Insurance Liability Waiver Fund;7717|Aircraft Improvement Fund;23189|Key Deposit;1050^Total;75518^”

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
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IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Stephen Harsh
IRS990EZ/BooksInCareOfDetail/PhoneNum05173166764
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 80565
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Lansing
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd048908
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0114980
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0149861
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IRS990EZ/ContributionsGiftsGrantsEtcAmt00
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IRS990EZ/Form990TotalAssetsGrp/BOYAmt0340988
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0369931
IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/GamingGrossIncomeAmt00
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt074090
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IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
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IRS990EZ/MembershipDuesAmt036338
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0272000
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0294413
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0272000
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0294413
IRS990EZ/OccupancyRentUtltsAndMaintAmt08036
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt1649
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt41425
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Larry Borton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Richard Best
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Stephen Harsh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Steve Colby
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Chester Dawson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Steve Balbach
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Mark Coucke
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Dave Oxendale
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8John Yurkon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Todd Tarrant
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director & Maintenance Chief
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Maintenance Assistant
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherChangesInNetAssetsAmt06651
IRS990EZ/OtherExpensesTotalAmt044534
IRS990EZ/OtherRevenueTotalAmt036323
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Olds Forge Flyers provides members (38) 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/PrintingPublicationsPostageAmt0958
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Olds 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/ProhibitedTaxShelterTransInd00
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IRS990EZ/SalariesOtherCompEmplBnftAmt04800
IRS990EZ/SaleOfAssetsGrossAmt00
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IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt068988
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt075518
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt058328
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt074090
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://oldsforgeflyers.com/
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Aircraft Income;36133|Misc;190^Total;36323^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Aircraft Depletion;8345|Fuel and Oil;15316|Aircraft Mainenance;8489|Information Technology;1514|Insurance;10870^Total;44534^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Equity Fees of New Members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description;EOY Amount^Aircraft Net Assets Value;213355|Accounts Receivable;3144|Pre Paid Expenses;3571^Total;220070^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description;EOY Amount^Comp Time Payable;43297|Accounts Payable;-1235|Cash Reserves;1500|Insurance Liability Waiver Fund;7717|Aircraft Improvement Fund;23189|Key Deposit;1050^Total;75518^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Stephen Harsh
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05173166764
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLDS FORGE FLYERS INC
ReturnHeader/Filer/BusinessNameControlTxt0OLDS
ReturnHeader/Filer/EIN0386089486
ReturnHeader/Filer/PhoneNum05173166764
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 80565
ReturnHeader/Filer/USAddress/CityNm0Lansing
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048908
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-04-21T14:08:28-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Stephen
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Harsh
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$369,931
Liabilities
$75,518
Net assets
$294,413
Revenue
$74,090
Expenses
$58,328
Net income
$15,762
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.91$0.81$3.10$0.94$0.81$0.13
2023Detailed filing. Detailed filing data is available for this year.$3.70$0.76$2.94$0.74$0.58$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.41$0.69$2.72$0.72$0.59$0.13
2021Detailed filing. Detailed filing data is available for this year.$3.21$0.65$2.56$0.67$0.50$0.17
2020Summary only. Only limited summary data is available for this year.$2.93$0.62$0.44$0.44$0.01
2018Summary only. Only limited summary data is available for this year.$2.71$0.52$0.50$0.47$0.03
2017Summary only. Only limited summary data is available for this year.$2.56$0.46$0.42$0.37$0.05
2016Summary only. Only limited summary data is available for this year.$2.49$0.43$0.37$0.36$0.01
2015Summary only. Only limited summary data is available for this year.$2.40$0.36$0.51$0.46$0.05
2014Summary only. Only limited summary data is available for this year.$2.36$0.40$0.49$0.50$0.00
2013Summary only. Only limited summary data is available for this year.$2.23$0.51$0.46$0.49$0.02
2012Summary only. Only limited summary data is available for this year.$2.25$0.52$0.72$0.63$0.09
2011Summary only. Only limited summary data is available for this year.$2.13$0.49$0.73$0.66$0.08