Chapter 272 Experimental Aircraft Association

990EZ • Fiscal year 2013 • EIN 41-1522587

Jan 01, 2013 to Dec 31, 2013 • Filed on May 07, 2014

Organization Profile EAA272.org

PO Box 3246Superior, WI 55803

(218) 391-1348

Siviq Scores

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

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

-58%

Higher net margin than 7% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

-3.0%

Faster asset growth than 39% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

-34%

Faster revenue growth than 14% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets55th percentile

Assets

Down

$93,521

Down $2,916 (-3.0%) from 2012

Net Assets

$93,521

No earlier filing loaded for comparison.

Liabilities

Flat

Flat from 2012

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin7th percentile

Revenue

Down

$7,102

Down $3,660 (-34%) from 2012

Expenses

$11,234

Up $1,762 (+19%) from 2012

Net Income

Down

-$4,132

Down $5,422 (-420%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

Highlighted filing

2013

Assets$93,521

Liabilities$0

Net Assets$93,521

Open 2013 Filing

Operations Trend

Revenue Growth14th percentile

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

Highlighted filing

2013

Revenue$7,102

Expenses$11,234

Net Income-$4,132

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2013 to Dec 31, 2013
Signed: May 7, 2014
Return Version: 2013v3.1
Gross Receipts: $7,298

Mission and Program Overview

Mission

Aviation related education

Program Services

Description	Grants	Expenses
Monthly meetings including a technical presentation for approximately 75 members	-	$11,095
Monthly newsletters to memeber including meeting information area aviation events and technical items of interest	-	$139

Compensation and Service Providers

Top Officer Pay73rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Bill Irving	President	PT	$0	-	-
DeWayne Tomasek	Treasurer	PT	$0	-	-
Allen White	Secretary	PT	$0	-	-

Filing and Contact Details

Filer

EIN: 41-1522587

Signing Officer

Name: DeWayne Tomasek
Title: Treasurer
Phone: 2183911348
Signed: 2014-05-07
Discuss with paid preparer: Yes

Preparer

Preparer: James Colborn CPA
Phone: 2187277595

Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity Scholarship Grantee Christopher Stolan Street 3310 Commonwealth Avenue City, State, Zip Duluth, MN 55808Amount 500Activity Scholarship Grantee Jackson Brunsvold Street 816 6th Avenue West City, State, Zip Duluth, MN 55806Amount 500”

Description of other expenses Part I line 16

“Description AmountDepreciation on Building 2,623”

Other changes in net assets or fund balances Part I line 20

“Description AmountIncrease in Market V of Investments 1,216”

Raw XML Appendix162 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	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	DeWayne Tomasek
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	2183911348
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	2215 Catskill Street
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	Duluth
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	55811
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	30956
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	30663
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	4622
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-4132
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	96437
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	93521
IRS990EZ/FundraisingGrossIncomeAmt	0	831
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	1000
IRS990EZ/GrossReceiptsAmt	0	7298
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	845
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	65481
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	62858
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	1000
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	96437
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	93521
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	96437
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	93521
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	7472
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	Bill Irving
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	DeWayne Tomasek
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	Allen White
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Secretary
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	1216
IRS990EZ/OtherExpensesTotalAmt	0	2623
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	Aviation Related Education
IRS990EZ/PrintingPublicationsPostageAmt	0	139
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	Monthly meetings including a technical presentation for approximately 75 members
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	Monthly newsletters to memeber including meeting information area aviation events and technical items of interest
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	11095
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	1	139
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SpecialEventsDirectExpensesAmt	0	196
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	635
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	11234
IRS990EZ/TotalProgramServiceExpensesAmt	0	11234
IRS990EZ/TotalRevenueAmt	0	7102
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationAssocInd	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	5622
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	10113
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	4218
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	10709
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	11334
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	41996
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	845
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	443
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	402
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	650
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	348
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	2688
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	831
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	5550
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	1684
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	8065
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	845
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	443
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	402
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	650
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	348
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	2688
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.05100
IRS990ScheduleA/InvestmentIncomePYPct	0	0.03700
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.94900
IRS990ScheduleA/PublicSupportPY509Pct	0	0.96300
IRS990ScheduleA/PublicSupportTotal509Amt	0	50061
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	6453
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	15663
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	5902
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	10709
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	11334
IRS990ScheduleA/Total509Grp/TotalAmt	0	50061
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	7298
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	16106
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	6304
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	11359
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	11682
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	52749
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Activity Scholarship Grantee Christopher Stolan Street 3310 Commonwealth Avenue City, State, Zip Duluth, MN 55808Amount 500Activity Scholarship Grantee Jackson Brunsvold Street 816 6th Avenue West City, State, Zip Duluth, MN 55806Amount 500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Description AmountDepreciation on Building 2,623
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Description AmountIncrease in Market V of Investments 1,216
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Other changes in net assets or fund balances Part I line 20
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	DeWayne Tomasek
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2183911348
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2014-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	Charter 272 Experimental Acft Assn
ReturnHeader/Filer/BusinessNameControlTxt	0	CHAR
ReturnHeader/Filer/EIN	0	411522587
ReturnHeader/Filer/USAddress/AddressLine1	0	PO Box 3246
ReturnHeader/Filer/USAddress/City	0	Duluth
ReturnHeader/Filer/USAddress/State	0	MN
ReturnHeader/Filer/USAddress/ZIPCode	0	55803
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	388702590
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	James Colborn CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	394 S Lake Avenue Suite 606
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	Duluth
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	55802
ReturnHeader/PreparerPersonGrp/PhoneNum	0	2187277595
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2014-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	James Colborn CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2014-05-16T10:29:57-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-01-01
ReturnHeader/TaxPeriodEndDt	0	2013-12-31
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $93,521
Liabilities: $0
Net assets: $93,521
Revenue: $7,102
Expenses: $11,234
Net income: -$4,132

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2016Detailed filing. Detailed filing data is available for this year.	$85.1	$0.00	$85.1	$7.53	$11.8	$4.23
2015Detailed filing. Detailed filing data is available for this year.	$89.3	$0.00	$89.3	$9.36	$11.1	$1.77
2014Summary only. Only limited summary data is available for this year.	$91.1	$0.00		$7.93	$10.4	$2.42
2013Detailed filing. Detailed filing data is available for this year.	$93.5	$0.00	$93.5	$7.10	$11.2	$4.13
2012Summary only. Only limited summary data is available for this year.	$96.4	$0.00		$10.8	$9.47	$1.29
2011Summary only. Only limited summary data is available for this year.	$94.4	$0.00		$4.71	$9.01	$4.29