Civic Intelligence

Flywell Flying Club Inc

990EZ • Fiscal year 2019 • EIN 41-6057490

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 17, 2020

410 W County Rd BRoseville, MN 55113

(651) 488-6326

Siviq Scores

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

Liabilities / Assets

85th percentile

0.29x

Higher debt load relative to assets than 85% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

0.69x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Net Margin

64th percentile

7.4%

Higher net margin than 64% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Asset Growth

59th percentile

4.3%

Faster asset growth than 59% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

92nd percentile

45%

Faster revenue growth than 92% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$378,484

Up $15,717 (+4.3%) from 2018

Net Assets

Up

$268,951

Up $11,686 (+4.5%) from 2018

Liabilities

Up

$109,533

Up $4,031 (+3.8%) from 2018

Revenue

Up

$158,007

Up $49,133 (+45%) from 2018

Expenses

Up

$146,321

Up $38,261 (+35%) from 2018

Net Income

Up

$11,686

Up $10,872 (+1336%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $338,051Liabilities 2011: $74,7232011Assets 2012: $337,737Liabilities 2012: $72,0332012Assets 2013: $340,061Liabilities 2013: $70,0332013Assets 2014: $342,799Liabilities 2014: $75,0332014Assets 2015: $385,637Liabilities 2015: $113,8492015Assets 2016: $378,671Liabilities 2016: $121,5332016Assets 2017: $370,953Liabilities 2017: $114,502Net Assets 2017: $256,4512017Assets 2018: $362,767Liabilities 2018: $105,502Net Assets 2018: $257,2652018Assets 2019: $378,484Liabilities 2019: $109,533Net Assets 2019: $268,9512019Assets 2020: $370,870Liabilities 2020: $95,838Net Assets 2020: $275,0322020Assets 2022: $374,975Liabilities 2022: $88,533Net Assets 2022: $286,4422022Assets 2023: $381,379Liabilities 2023: $86,033Net Assets 2023: $295,3462023Assets 2024: $411,849Liabilities 2024: $70,033Net Assets 2024: $341,8162024Assets 2025: $480,339Liabilities 2025: $138,199Net Assets 2025: $342,1402025

Highlighted filing

2019

Assets$378,484
Liabilities$109,533
Net Assets$268,951

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $95,912Expenses 2011: $87,512Net Income 2011: $8,4002011Revenue 2012: $109,838Expenses 2012: $100,962Net Income 2012: $8,8762012Revenue 2013: $113,203Expenses 2013: $112,553Net Income 2013: $6502013Revenue 2014: $113,527Expenses 2014: $110,444Net Income 2014: $3,0832014Revenue 2015: $111,878Expenses 2015: $114,952Net Income 2015: -$3,0742015Revenue 2016: $126,610Expenses 2016: $130,258Net Income 2016: -$3,6482016Revenue 2017: $113,716Expenses 2017: $114,403Net Income 2017: -$6872017Revenue 2018: $108,874Expenses 2018: $108,060Net Income 2018: $8142018Revenue 2019: $158,007Expenses 2019: $146,321Net Income 2019: $11,6862019Revenue 2020: $165,482Expenses 2020: $159,401Net Income 2020: $6,0812020Revenue 2022: $198,260Expenses 2022: $174,917Net Income 2022: $23,3432022Revenue 2023: $174,657Expenses 2023: $165,753Net Income 2023: $8,9042023Revenue 2024: $199,704Expenses 2024: $187,771Net Income 2024: $11,9332024Revenue 2025: $194,238Expenses 2025: $198,253Net Income 2025: -$4,0152025

Highlighted filing

2019

Revenue$158,007
Expenses$146,321
Net Income$11,686
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 17, 2020
Return Version
2018v3.1
Gross Receipts
$158,007
Mission and Program Overview

Mission

Flywell flying club is a non-profit corporation whose purpose is to:- encourage interest and participation in general aviation- provide educational and community service opportunities- provide the pleasures and benefits of safe flying at economical rates to flywell flying club members and their families, and- engage in such other ventures, activities or business for the benefit of flywell flying club members

To promote interest in flying and flying education and related social activities. No non-member use of aircraft.

Program Services

DescriptionGrantsExpenses
TO PROMOTE EDUCATION IN FLYING IN CONJUCTION WITH FAA WINGS PROGRAM AND METRO AIRPORT COMMISSION IN ASSOCIATION WITH DISCOVER AVIATION DAYS$0$0
TO PROMOTE EDUCATION IN FLYING IN CONJUNCTION WITH FAA WINGS PROGRAM AND AOPA IN ASSOCATION WITH RUSTY PILOTS TRAINING$0$0
SPONSORING A FEMALE STUDENT TO INTRODUCE A STUDENT INTO FLYING$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVE SCHWISTERPresidentPT$0--
HEIDI AMOITVice PresidentPT$0--
MARK BAKKOTreasurerPT$0--
MARK CHRISTOPERSONDirector-$0--
MARC TELLEVIKDirector-$0--
Filing and Contact Details

Filer

Filer Name
Flywell Flying Club Inc
EIN
41-6057490
Phone
6514886326
Address
410 W COUNTY RD B, ROSEVILLE, MN 55113

Signing Officer

Name
Mark T Bakko
Title
Treasurer
Phone
6514886326
Signed
2020-02-17
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 1. Total to form 990-ez, line 14: 127,407.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: hangar rental to non-members. Amount: 4,800.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 862. Description: other expenses. Amount: 121,875. Description: taxes. Amount: 3,652. Description: electric. Amount: 670. Description: gas. Amount: 348.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: insurance. Amount: 18,087. Description: advertising. Amount: 800. Total to form 990-ez, line 16: 18,887.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 3,694. End of year amount: 0. Description: prepaid. Beg. Of year amount: 10,852. End of year amount: 10,951. Description: other depreciable assets. Beg. Of year amount: 233,168. End of year amount: 257,720.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: deferred revenue. Beg. Of year amount: 4,002. End of year amount: 4,033. Description: loans. Beg. Of year amount: 101,500. End of year amount: 105,500.

Raw XML Appendix148 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0MARK BAKKO
IRS990EZ/BooksInCareOfDetail/PhoneNum06514886326
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0410 WEST COUNTY ROAD B
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROSEVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055113
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05243
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
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IRS990EZ/InvestmentIncomeAmt01
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IRS990EZ/LandAndBuildingsGrp/EOYAmt0109810
IRS990EZ/LoansToFromOfficersAmt037500
IRS990EZ/MadeLoansToFromOfficersInd01
IRS990EZ/MembershipDuesAmt064755
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0257265
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt43.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEVE SCHWISTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HEIDI AMOIT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARK BAKKO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARK CHRISTOPERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MARC TELLEVIK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationFiled990TInd01
IRS990EZ/OrganizationHadUBIInd01
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0247714
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0268671
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt018887
IRS990EZ/OtherRevenueTotalAmt04800
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE INTEREST IN FLYING AND FLYING EDUCATION AND RELATED SOCIAL ACTIVITIES. NO NON-MEMBER USE OF AIRCRAFT.
IRS990EZ/PrintingPublicationsPostageAmt027
IRS990EZ/ProgramServiceRevenueAmt088451
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE EDUCATION IN FLYING IN CONJUCTION WITH FAA WINGS PROGRAM AND METRO AIRPORT COMMISSION IN ASSOCIATION WITH DISCOVER AVIATION DAYS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROMOTE EDUCATION IN FLYING IN CONJUNCTION WITH FAA WINGS PROGRAM AND AOPA IN ASSOCATION WITH RUSTY PILOTS TRAINING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2SPONSORING A FEMALE STUDENT TO INTRODUCE A STUDENT INTO FLYING
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0105502
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0109533
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0146321
IRS990EZ/TotalRevenueAmt0158007
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FLYWELL.ORG
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt037500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO PURCHASE EQUIPMENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt052500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MARK BAKKO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt037500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 1. TOTAL TO FORM 990-EZ, LINE 14: 127,407.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: HANGAR RENTAL TO NON-MEMBERS. AMOUNT: 4,800.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 862. DESCRIPTION: OTHER EXPENSES. AMOUNT: 121,875. DESCRIPTION: TAXES. AMOUNT: 3,652. DESCRIPTION: ELECTRIC. AMOUNT: 670. DESCRIPTION: GAS. AMOUNT: 348.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INSURANCE. AMOUNT: 18,087. DESCRIPTION: ADVERTISING. AMOUNT: 800. TOTAL TO FORM 990-EZ, LINE 16: 18,887.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 3,694. END OF YEAR AMOUNT: 0. DESCRIPTION: PREPAID. BEG. OF YEAR AMOUNT: 10,852. END OF YEAR AMOUNT: 10,951. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 233,168. END OF YEAR AMOUNT: 257,720.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 4,002. END OF YEAR AMOUNT: 4,033. DESCRIPTION: LOANS. BEG. OF YEAR AMOUNT: 101,500. END OF YEAR AMOUNT: 105,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-11-06 18:47:13Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK T BAKKO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06514886326
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLYWELL FLYING CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0FLYW
ReturnHeader/Filer/EIN0416057490
ReturnHeader/Filer/PhoneNum06514886326
ReturnHeader/Filer/USAddress/AddressLine1Txt0410 W COUNTY RD B
ReturnHeader/Filer/USAddress/CityNm0ROSEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055113
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId072945305DB0AF217FB1AED69D2BE85B2B387D0BC
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.88.188.75
ReturnHeader/FilingSecurityInformation/IPDt02020-02-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm008:02:49
ReturnHeader/ReturnTs02020-02-17T12:51:23-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.80$1.38$3.42$1.94$1.98$0.04
2024Detailed filing. Detailed filing data is available for this year.$4.12$0.70$3.42$2.00$1.88$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.81$0.86$2.95$1.75$1.66$0.09
2022Detailed filing. Detailed filing data is available for this year.$3.75$0.89$2.86$1.98$1.75$0.23
2020Detailed filing. Detailed filing data is available for this year.$3.71$0.96$2.75$1.65$1.59$0.06
2019Detailed filing. Detailed filing data is available for this year.$3.78$1.10$2.69$1.58$1.46$0.12
2018Detailed filing. Detailed filing data is available for this year.$3.63$1.06$2.57$1.09$1.08$0.01
2017Detailed filing. Detailed filing data is available for this year.$3.71$1.15$2.56$1.14$1.14$0.01
2016Summary only. Only limited summary data is available for this year.$3.79$1.22$1.27$1.30$0.04
2015Summary only. Only limited summary data is available for this year.$3.86$1.14$1.12$1.15$0.03
2014Summary only. Only limited summary data is available for this year.$3.43$0.75$1.14$1.10$0.03
2013Summary only. Only limited summary data is available for this year.$3.40$0.70$1.13$1.13$0.01
2012Summary only. Only limited summary data is available for this year.$3.38$0.72$1.10$1.01$0.09
2011Summary only. Only limited summary data is available for this year.$3.38$0.75$0.96$0.88$0.08
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)7 • <$500k nonprofits