Civic Intelligence

Fargo Air Museum

990 • Fiscal year 2014 • EIN 45-0451637

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 10, 2015

1609 19th Avenue NorthFargo, ND 58102

(701) 293-8043

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

Higher debt load relative to assets than 23% of similar nonprofits.

2014 filings • NTEE A • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2014 filings • NTEE A • $1M-$5M nonprofits • Source year 2014

Net Margin

84th percentile

35%

Higher net margin than 84% of similar nonprofits.

2014 filings • NTEE A • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

56th percentile

$63,769

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2014 filings • NTEE A • $1M-$5M nonprofits • Source year 2014

Asset Growth

20th percentile

-4.3%

Faster asset growth than 20% of similar nonprofits.

2014 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

19th percentile

-22%

Faster revenue growth than 19% of similar nonprofits.

2014 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$3,570,159

Down $161,536 (-4.3%) from 2013

Net Assets

Up

$3,559,904

Up $258,957 (+7.8%) from 2013

Liabilities

Down

$10,255

Down $420,493 (-98%) from 2013

Revenue

Down

$748,155

Down $211,825 (-22%) from 2013

Expenses

Up

$489,197

Up $90,238 (+23%) from 2013

Net Income

Down

$258,958

Down $302,063 (-54%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,301,642Liabilities 2011: $38,211Net Assets 2011: $2,263,4312011Assets 2012: $2,759,222Liabilities 2012: $19,295Net Assets 2012: $2,739,9272012Assets 2013: $3,731,695Liabilities 2013: $430,748Net Assets 2013: $3,300,9472013Assets 2014: $3,570,159Liabilities 2014: $10,255Net Assets 2014: $3,559,9042014Assets 2015: $3,778,146Liabilities 2015: $15,033Net Assets 2015: $3,763,1132015Assets 2016: $3,657,511Liabilities 2016: $7,806Net Assets 2016: $3,649,7052016Assets 2017: $3,632,801Liabilities 2017: $1,279Net Assets 2017: $3,631,5222017Assets 2018: $4,036,838Liabilities 2018: $439,328Net Assets 2018: $3,597,5102018Assets 2019: $4,059,424Liabilities 2019: $427,217Net Assets 2019: $3,632,2072019Assets 2020: $4,021,523Liabilities 2020: $443,187Net Assets 2020: $3,578,3362020Assets 2021: $3,974,991Liabilities 2021: $416,843Net Assets 2021: $3,558,1482021Assets 2022: $3,408,810Liabilities 2022: $341,467Net Assets 2022: $3,067,3432022Assets 2023: $3,337,301Liabilities 2023: $360,773Net Assets 2023: $2,976,5282023Assets 2024: $3,374,260Liabilities 2024: $331,348Net Assets 2024: $3,042,9122024

Highlighted filing

2014

Assets$3,570,159
Liabilities$10,255
Net Assets$3,559,904

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $379,652Expenses 2011: $307,341Net Income 2011: $72,3112011Expenses 2012: $324,3472012Revenue 2013: $959,980Expenses 2013: $398,959Net Income 2013: $561,0212013Revenue 2014: $748,155Expenses 2014: $489,197Net Income 2014: $258,9582014Revenue 2015: $885,167Expenses 2015: $681,963Net Income 2015: $203,2042015Revenue 2016: $568,272Expenses 2016: $681,675Net Income 2016: -$113,4032016Revenue 2017: $660,671Expenses 2017: $689,837Net Income 2017: -$29,1662017Revenue 2018: $733,081Expenses 2018: $767,332Net Income 2018: -$34,2512018Revenue 2019: $792,478Expenses 2019: $758,981Net Income 2019: $33,4972019Revenue 2020: $593,355Expenses 2020: $552,225Net Income 2020: $41,1302020Revenue 2021: $787,514Expenses 2021: $807,702Net Income 2021: -$20,1882021Revenue 2022: $699,525Expenses 2022: $876,200Net Income 2022: -$176,6752022Revenue 2023: $833,241Expenses 2023: $925,156Net Income 2023: -$91,9152023Revenue 2024: $949,304Expenses 2024: $877,399Net Income 2024: $71,9052024

Highlighted filing

2014

Revenue$748,155
Expenses$489,197
Net Income$258,958
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$813,291
Mission and Program Overview

Mission

Educate public about aviation

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,300,947$3,559,904▲ $258,957
Land, Buildings, and Equipment, Net$2,210,178$2,314,927▲ $104,749
Cash and Non-Interest-Bearing Accounts$1,168,178$535,141▼ $633,037
Inventories for Sale or Use$26,000$31,158▲ $5,158
Intangible Assets$2,092$1,948▼ $144
Prepaid Expenses and Deferred Charges$750--
Total Assets$3,731,695$3,570,159▼ $161,536
Other Assets Total$324,497$686,985▲ $362,488
Liabilities
Mortgage Notes Payable Secured by Investment Property$420,000--
Other Liabilities$10,748$10,252▼ $496
Accounts Payable and Accrued Expenses-$3-
Total Liabilities$430,748$10,255▼ $420,493
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,300,947$3,559,904▲ $258,957
Total Liabilities and Net Assets / Fund Balance$3,731,695$3,570,159▼ $161,536

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,520,498-$1,520,498
Buildings$722,741$359,148$1,081,889
Equipment$38,332$139,864$178,196
Leasehold Improvements$33,356$1,748$35,104
Other Assets Org$-5--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Scott FletcherExecutive DirectorFT$63,769$63,769
HELEN WALKINSHAW O'CONNORAssociate DirectorFT$44,138$44,138

Board Members and Trustees

NameTitle
Alex MacdonaldChair
Rex HammerbackPast Chair
Bob MillerVice Chair
Brian QuigleyDirector
Casey OdegaardDirector
Darrol SchroederDirector
Earlyne HectorDirector
Jake GustDirector
Jim SweeneyDirector
Jon ScraperDirector
Richard WalstadDirector
Sherry HeyerDirector
Tim McphersonDirector
Dick SpringerMember at Large
Cindy Schrieber BeckSecretary
Francis ButlerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$439,866
Program Service Revenue
$112,298
Investment Income
$653
Other Revenue
$195,338
All Other Contributions
$439,866
Change in Net Assets
$258,958

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Boats and Planes2$91,072Independent Valuation
Other Non Cash Contri Table1$3,670Fair Market Value
Total Noncash Contributions3$94,742-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$271,096
Salaries, Compensation, and Employee Benefits$218,101
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$137,767-$137,767
All Other Expenses-$81,840-$81,840
Current Officers, Directors, Trustees, and Key Employees-$63,769-$63,769
Advertising-$48,076-$48,076
Depreciation Depletion-$39,723-$39,723
Payroll Taxes-$16,565-$16,565
Interest-$11,604-$11,604
Fees for Services Accounting-$7,358-$7,538
Other Expenses-$6,853-$6,853
Office Expenses-$5,364-$4,557
Travel-$2,316-$2,316
Occupancy-$1,620-$1,620
Total Functional Expenses$0$489,824$0$489,197
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$100,400
Gaming Direct Expenses$47,141
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$8,462
Gaming/raffle Collections Payable$1,634
Sales Tax Payable$82
Credit Card Payable$74
Aflac Payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B

Organizations process to review form 990 reviewed by officers and/or directors

Form 990, Part VI, Line 19

Governing documents disclosure explanation no documents available to the public

Filing and Contact Details

Filer

Filer Name
Fargo Air Museum
EIN
45-0451637
Phone
7012938043
Address
1609 19TH AVENUE NORTH, FARGO, ND 58102

Signing Officer

Name
Francis Butler
Title
Treasurer
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Nd
Voting Board Members
15
Independent Board Members
15
Employees
9
Volunteers
15

Preparer

Firm
Reliance Associates PLLC
Address
PO Box 10158, Fargo, ND 58106-0158
Preparer
Katrina Smaaladen
Phone
7014787040
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Other changes in net assets explanation rounding -1

Raw XML AppendixShowing 400 of 528 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.

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IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0420000
IRS990/NetAssetsOrFundBalancesBOYAmt03300947
IRS990/NetAssetsOrFundBalancesEOYAmt03559904
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt053259
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt027131
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt027131
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0114948
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0114948
IRS990/NoncashContributionsAmt094742
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01620
IRS990/OccupancyGrp/TotalAmt01620
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05364
IRS990/OfficeExpensesGrp/TotalAmt04557
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0324497
IRS990/OtherAssetsTotalGrp/EOYAmt0686985
IRS990/OtherChangesInNetAssetsAmt0-1
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc1BUILDING MAINTENANCE
IRS990/OtherExpensesGrp/Desc2GAS ELECTRIC
IRS990/OtherExpensesGrp/Desc3INSURANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt038844
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112513
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt215612
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt36853
IRS990/OtherExpensesGrp/TotalAmt038844
IRS990/OtherExpensesGrp/TotalAmt112513
IRS990/OtherExpensesGrp/TotalAmt215612
IRS990/OtherExpensesGrp/TotalAmt36853
IRS990/OtherLiabilitiesGrp/BOYAmt010748
IRS990/OtherLiabilitiesGrp/EOYAmt010252
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0137767
IRS990/OtherSalariesAndWagesGrp/TotalAmt0137767
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016565
IRS990/PayrollTaxesGrp/TotalAmt016565
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0750
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0FRANCIS BUTLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ADMISSION FEES
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIPS CHARTER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt096034
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt116264
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt096034
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt116264
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0605279
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0756
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0199774
IRS990/PYOtherRevenueAmt0218226
IRS990/PYProgramServiceRevenueAmt0135719
IRS990/PYRevenuesLessExpensesAmt0561021
IRS990/PYSalariesCompEmpBnftPaidAmt0199185
IRS990/PYTotalExpensesAmt0398959
IRS990/PYTotalRevenueAmt0959980
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0258958
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0114948
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt096034
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03300947
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03559904
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0439866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0605279
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0557455
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0218949
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0584612
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02406161
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0653
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0756
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0484
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0342
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0345
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02580
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0112298
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99890
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99890
IRS990ScheduleA/PublicSupportTotal170Amt02406161
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0439866
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0605279
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0557455
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0218949
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0584612
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02406161
IRS990ScheduleA/TotalSupportAmt02408741
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0722741
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0359148
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01081889
IRS990ScheduleD/EquipmentGrp/BookValueAmt038332
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0139864
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0178196
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt08462
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt033356
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01748
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt035104
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0111500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt149090
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2526400
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3-5
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSIT ON ASSET PURCHASE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RAFFLE ITEMS PURCHASED
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2EMPLOYEE ADVANCES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4ROUNDING
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01520498
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01520498
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08462
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt174
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21634
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt382
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD PAYABLE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$0.33$3.04$0.95$0.88$0.07
2023Detailed filing. Detailed filing data is available for this year.$3.34$0.36$2.98$0.83$0.93$0.09
2022Detailed filing. Detailed filing data is available for this year.$3.41$0.34$3.07$0.70$0.88$0.18
2021Detailed filing. Detailed filing data is available for this year.$3.97$0.42$3.56$0.79$0.81$0.02
2020Detailed filing. Detailed filing data is available for this year.$4.02$0.44$3.58$0.59$0.55$0.04
2019Detailed filing. Detailed filing data is available for this year.$4.06$0.43$3.63$0.79$0.76$0.03
2018Detailed filing. Detailed filing data is available for this year.$4.04$0.44$3.60$0.73$0.77$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.63$0.00$3.63$0.66$0.69$0.03
2016Detailed filing. Detailed filing data is available for this year.$3.66$0.01$3.65$0.57$0.68$0.11
2015Detailed filing. Detailed filing data is available for this year.$3.78$0.02$3.76$0.89$0.68$0.20
2014Detailed filing. Detailed filing data is available for this year.$3.57$0.01$3.56$0.75$0.49$0.26
2013Detailed filing. Detailed filing data is available for this year.$3.73$0.43$3.30$0.96$0.40$0.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$0.02$2.74$0.32
2011Summary only. Only limited summary data is available for this year.$2.30$0.04$2.26$0.38$0.31$0.07