Liabilities / Assets
56th percentile
Higher debt load relative to assets than 56% of similar nonprofits.
EIN 45-0451637 • 501(c)3 • Fargo, ND
Profile
Educate public about aviation
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
56th percentile
Higher debt load relative to assets than 56% of similar nonprofits.
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
56th percentile
Higher net margin than 56% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
42nd percentile
Faster asset growth than 42% of similar nonprofits.
Revenue Growth
61st percentile
Faster revenue growth than 61% of similar nonprofits.
Assets
Up$3,374,260
Up $36,959 (+1.1%) from 2023
Liabilities
Down$331,348
Down $29,425 (-8.2%) from 2023
Net Assets
Up$3,042,912
Up $66,384 (+2.2%) from 2023
Revenue
Up$949,304
Up $116,063 (+14%) from 2023
Expenses
Down$877,399
Down $47,757 (-5.2%) from 2023
Net Income
Up$71,905
Up $163,820 (+178%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Educate public about aviation
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $2,976,528 | $3,042,912 | ▲ $66,384 |
| Land, Buildings, and Equipment, Net | $3,101,180 | $3,016,023 | ▼ $85,157 |
| Cash and Non-Interest-Bearing Accounts | $21,062 | $138,900 | ▲ $117,838 |
| Inventories for Sale or Use | $17,765 | $24,295 | ▲ $6,530 |
| Prepaid Expenses and Deferred Charges | $17,783 | - | - |
| Intangible Assets | $1,728 | $1,539 | ▼ $189 |
| Total Assets | $3,337,301 | $3,374,260 | ▲ $36,959 |
| Other Assets Total | $177,783 | $193,503 | ▲ $15,720 |
| Liabilities | |||
| Other Liabilities | $357,437 | $323,081 | ▼ $34,356 |
| Accounts Payable and Accrued Expenses | $3,336 | $8,267 | ▲ $4,931 |
| Total Liabilities | $360,773 | $331,348 | ▼ $29,425 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $2,976,528 | $3,042,912 | ▲ $66,384 |
| Total Liabilities and Net Assets / Fund Balance | $3,337,301 | $3,374,260 | ▲ $36,959 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,771,948 | $981,646 | $2,753,594 |
| Other Land Buildings | $1,156,911 | $339,950 | $1,496,861 |
| Equipment | $56,126 | $315,125 | $371,251 |
| Leasehold Improvements | $31,038 | $23,925 | $54,963 |
| Other Assets Org | $1,026 | - | - |
| Name | Title |
|---|---|
| Michael Noffze | Chair |
| Brian Martin | Past Chair -treasurer |
| Erik Lind | Vice Chair |
| Dan Thompson | Director |
| Kelly Perhus | Director |
| Kimberlee Hegvik | Director |
| Paul Tefft | Director |
| Robert Miller | Director |
| Ron Solberg | Director |
| Tim Mcpherson | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $529,469 |
| Salaries, Compensation, and Employee Benefits | $347,930 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Comp Disqual Persons | - | $347,930 | - | $347,930 |
| All Other Expenses | - | - | - | $119,414 |
| Advertising | - | $93,277 | - | $93,277 |
| Depreciation Depletion | - | $86,215 | - | $86,215 |
| Other Expenses | - | $30,965 | - | $30,965 |
| Insurance | - | $22,909 | - | $22,909 |
| Interest | - | $20,437 | - | $20,437 |
| Office Expenses | - | $11,472 | - | $11,472 |
| Fees for Services Accounting | - | $6,966 | - | $6,966 |
| Occupancy | - | - | - | $2,568 |
| Total Functional Expenses | $0 | $755,518 | $0 | $877,399 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Gaming/raffle Collections Payable | $295,425 |
| Sales Tax Payable | $19,000 |
| Federal income taxes | $6,471 |
| Credit Card Payable | $2,185 |
| Aflac Payable | - |
| Line of Credit | - |
| Gate City Laon | - |
| Jet Center Note | - |
“BOOK TO TAX ADJUSTMENT”
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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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 6966 |
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| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 1539 |
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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 245742 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 283736 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 265355 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 427205 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1399586 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1399586 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1771948 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 981646 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2753594 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 56126 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 315125 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 371251 |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | false |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 31038 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 23925 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 54963 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 190277 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 2200 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 1026 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | DEPOSIT ON ASSET PURCHASE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | RAFFLE ITEMS PURCHASED |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | EMPLOYEE ADVANCES |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | CONSTRUCTION IN PROGRESS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 4 | FM AREA FOUNDATION |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 5 | B-13 RESTORATION |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 6 | ATM CASH ON HAND |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 7 | ARCHIVES IN PROGRESS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 8 | MISC |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 1156911 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 339950 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1496861 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 6471 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 2185 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 295425 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 19000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Federal income taxes |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | CREDIT CARD PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | GAMING/RAFFLE COLLECTIONS PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | SALES TAX PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | AFLAC PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 5 | LINE OF CREDIT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 6 | GATE CITY LAON |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 7 | JET CENTER NOTE |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | Financial derivatives and other financial products |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | Closely-held equity interests |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3016023 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 193503 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 323081 |
| IRS990ScheduleG/CharitableDistributionRqrInd | 0 | false |
| IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd | 0 | false |
| IRS990ScheduleG/GamingManagerIsDirectorOfcrInd | 0 | X |
| IRS990ScheduleG/GamingManagerPersonNm | 0 | JIM SWEENEY |
| IRS990ScheduleG/GamingOwnFacilityPct | 0 | 1.00000 |
| IRS990ScheduleG/GamingWithNonmembersInd | 0 | false |
| IRS990ScheduleG/IndividualWithBooksNm | 0 | AMY OTT |
| IRS990ScheduleG/MemberOfOtherEntityInd | 0 | false |
| IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt | 0 | 1609 19TH AVE N |
| IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm | 0 | FARGO |
| IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd | 0 | ND |
| IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd | 0 | 58102 |
| IRS990ScheduleG/StatesWhereGamingConductedCd | 0 | ND |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | false |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | false |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | false |
| IRS990ScheduleJ/RebuttablePresumptionProcInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd | 0 | false |
| IRS990ScheduleM/ThirdPartiesUsedInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | BOOK TO TAX ADJUSTMENT |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part XI, Line 10 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 3337301 |
| IRS990/TotalAssetsEOYAmt | 0 | 3374260 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 3337301 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 3374260 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 638965 |
| IRS990/TotalEmployeeCnt | 0 | 21 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 755518 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 877399 |
| IRS990/TotalGrossUBIAmt | 0 | 15273 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 360773 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 331348 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 360773 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 331348 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2976528 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 3042912 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 138505 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 140703 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 138495 |
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