Civic Intelligence

Fargo Air Museum

990 • Fiscal year 2017 • EIN 45-0451637

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 15, 2018

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

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2017 filings • NTEE A • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2017 filings • NTEE A • $1M-$5M nonprofits • Source year 2017

Net Margin

30th percentile

-4.4%

Higher net margin than 30% of similar nonprofits.

2017 filings • NTEE A • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

67th percentile

$91,667

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

2017 filings • NTEE A • $1M-$5M nonprofits • Source year 2017

Asset Growth

33rd percentile

-0.7%

Faster asset growth than 33% of similar nonprofits.

2017 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

68th percentile

16%

Faster revenue growth than 68% of similar nonprofits.

2017 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$3,632,801

Down $24,710 (-0.7%) from 2016

Net Assets

Down

$3,631,522

Down $18,183 (-0.5%) from 2016

Liabilities

Down

$1,279

Down $6,527 (-84%) from 2016

Revenue

Up

$660,671

Up $92,399 (+16%) from 2016

Expenses

Up

$689,837

Up $8,162 (+1.2%) from 2016

Net Income

Up

-$29,166

Up $84,237 (+74%) from 2016

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

2017

Assets$3,632,801
Liabilities$1,279
Net Assets$3,631,522

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

2017

Revenue$660,671
Expenses$689,837
Net Income-$29,166
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 15, 2018
Return Version
2017v2.3
Gross Receipts
$841,758
Mission and Program Overview

Mission

Educate public about aviation

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,649,705$3,631,522▼ $18,183
Land, Buildings, and Equipment, Net$3,301,366$3,249,385▼ $51,981
Cash and Non-Interest-Bearing Accounts$304,179$244,267▼ $59,912
Inventories for Sale or Use$27,679$18,181▼ $9,498
Accounts Receivable-$1,200-
Prepaid Expenses and Deferred Charges$1,197$1,197→ $0
Intangible Assets$3,554$698▼ $2,856
Total Assets$3,657,511$3,632,801▼ $24,710
Other Assets Total$19,536$117,873▲ $98,337
Liabilities
Accounts Payable and Accrued Expenses$6,465--
Other Liabilities$1,341$1,279▼ $62
Total Liabilities$7,806$1,279▼ $6,527
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,649,705$3,631,522▼ $18,183
Total Liabilities and Net Assets / Fund Balance$3,657,511$3,632,801▼ $24,710

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,556,171$506,193$2,062,646
Other Land Buildings$1,628,833$-146,499$1,629,233
Equipment$20,563$112,236$269,391
Leasehold Improvements$43,818$12,795$56,613
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jackie WilliamsExecutive DirectorFT$91,667$91,667

Board Members and Trustees

NameTitle
Jim SweeneyChairman
Dick SpringerPast Chairman
Paul BernabucciVice Chairman
Brett BrudvikDirector
Brewer DoranDirector
Brian QuigleyDirector
Casey OdegaardDirector
Kelly PerhusDirector
Mark YaggieDirector
Shawn AndersonDirector
Tim McphersonDirector
Jon ScraperMember at Large
Sherry HeyerSecretary
Bob MillerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$642,976
Program Service Revenue
$75,099
Investment Income
$-144,666
Other Revenue
$87,262
All Other Contributions
$642,976
Change in Net Assets
$-29,166

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
Other Non Cash Contri Table1$100,000Independent Valuation
Other Non Cash Contri Table1$84,294Fair Market Value
Boats and Planes1$59,804Independent Valuation
Total Noncash Contributions3$244,098-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$416,216
Salaries, Compensation, and Employee Benefits$273,621
Total Fundraising Expense$9,148
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$173,554-$173,554
Current Officers, Directors, Trustees, and Key Employees-$91,667-$91,667
All Other Expenses-$82,395$9,148$91,543
Advertising-$79,118-$79,118
Depreciation Depletion-$63,827-$63,827
Office Expenses-$10,760-$10,760
Fees for Services Accounting-$8,480-$8,480
Other Employee Benefits-$8,400-$8,400
Other Expenses-$8,131-$8,131
Fees for Services Management-$5,250-$5,250
Total Functional Expenses$0$680,689$9,148$689,837
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Direct Expenses$4,380
Gaming Gross Income$2,020
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Chairman Is Part Owner of Jet CenterLease-to-own Equipment to Jet CenterNo$5,500
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$1,279
Credit Card Payable-
Gaming/raffle Collections Payable-
Sales Tax Payable-
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
Yes
Business relationship with organization members
Yes
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 disclousre 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
K Brewer Doran
Title
Treasurer
Signed
2018-08-15
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Nd
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
49

Preparer

Firm
Reliance Associates Pllc
Address
PO Box 10158, FARGO, ND 58106-0158
Preparer
Emily Greuel
Phone
7014787040
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Book to tax depreciation and amortization adjustment

Raw XML AppendixShowing 400 of 522 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/OfficeExpensesGrp/ManagementAndGeneralAmt010760
IRS990/OfficeExpensesGrp/TotalAmt010760
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt019536
IRS990/OtherAssetsTotalGrp/EOYAmt0117873
IRS990/OtherChangesInNetAssetsAmt05501
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08400
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08400
IRS990/OtherExpensesGrp/Desc0EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc1BUILDING MAINTENANCE
IRS990/OtherExpensesGrp/Desc2GAS ELECTRIC
IRS990/OtherExpensesGrp/Desc3INSURANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0118578
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt113101
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt217428
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt38131
IRS990/OtherExpensesGrp/TotalAmt0118578
IRS990/OtherExpensesGrp/TotalAmt113101
IRS990/OtherExpensesGrp/TotalAmt217428
IRS990/OtherExpensesGrp/TotalAmt38131
IRS990/OtherLiabilitiesGrp/BOYAmt01341
IRS990/OtherLiabilitiesGrp/EOYAmt01279
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0ATM INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0512
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0512
IRS990/OtherRevenueTotalAmt0537
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0173554
IRS990/OtherSalariesAndWagesGrp/TotalAmt0173554
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01197
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01197
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0K BREWER DORAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ADMISSION FEES
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIPS CHARTER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt065324
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19775
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt065324
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19775
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0369739
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt017
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0395223
IRS990/PYOtherRevenueAmt0137701
IRS990/PYProgramServiceRevenueAmt060815
IRS990/PYRevenuesLessExpensesAmt0-113403
IRS990/PYSalariesCompEmpBnftPaidAmt0286452
IRS990/PYTotalExpensesAmt0681675
IRS990/PYTotalRevenueAmt0568272
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-29166
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt076014
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt065324
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03649705
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03631522
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0648459
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0366740
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0473081
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0439866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0605279
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02533425
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt076611
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0116058
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0107333
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0653
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0756
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0301411
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt075099
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89160
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.91330
IRS990ScheduleA/PublicSupportTotal170Amt02533425
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0648459
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0366740
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0473081
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0439866
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0605279
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02533425
IRS990ScheduleA/TotalSupportAmt02841544
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt06708
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt06708
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01556171
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0506193
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02062646
IRS990ScheduleD/EquipmentGrp/BookValueAmt020563
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0112236
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0269391
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt043818
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt012795
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt056613
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01628833
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0-146499
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01629233
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01279
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2GAMING/RAFFLE COLLECTIONS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4AFLAC PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03249385
IRS990ScheduleD/TotalLiabilityAmt01279
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerPersonNm0JIM SWEENEY
IRS990ScheduleG/GamingOwnFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0AMY OTT
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt01609 19TH AVE N
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0FARGO
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0ND
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd058102
IRS990ScheduleG/StatesWhereGamingConductedCd0ND
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false

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