Civic Intelligence

Aspen Higher Learning Flight Academy Inc.

990EZ • Fiscal year 2015 • EIN 47-0976234

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 25, 2016

Organization ProfileN/A
PO Box 7756Aspen, CO 81612

(970) 379-7806

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.73x

Higher debt load relative to assets than 92% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

5.15x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

41st percentile

-1.8%

Faster asset growth than 41% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-54%

Faster revenue growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$304,838

Down $5,663 (-1.8%) from 2014

Net Assets

$82,845

No earlier filing loaded for comparison.

Liabilities

Down

$221,993

Down $11,253 (-4.8%) from 2014

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin68th percentile

Revenue

Down

$43,136

Down $51,384 (-54%) from 2014

Expenses

Up

$37,546

Up $20,281 (+117%) from 2014

Net Income

Down

$5,590

Down $71,665 (-93%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2014: $310,501Liabilities 2014: $233,2462014Assets 2015: $304,838Liabilities 2015: $221,993Net Assets 2015: $82,8452015Assets 2016: $247,509Liabilities 2016: $462,707Net Assets 2016: -$215,1982016Assets 2017: $197,035Liabilities 2017: $465,058Net Assets 2017: -$268,0232017Assets 2018: $99,325Liabilities 2018: $345,687Net Assets 2018: -$246,3622018Assets 2019: $140,627Liabilities 2019: $315,105Net Assets 2019: -$174,4782019Assets 2020: $1,016,950Liabilities 2020: $906,989Net Assets 2020: $109,9612020Assets 2021: $895,169Liabilities 2021: $880,995Net Assets 2021: $14,1742021Assets 2022: $1,324,186Liabilities 2022: $1,408,736Net Assets 2022: -$84,5502022Assets 2023: $1,834,265Liabilities 2023: $1,526,861Net Assets 2023: $307,4042023Assets 2024: $2,319,216Liabilities 2024: $2,079,234Net Assets 2024: $239,9822024

Highlighted filing

2015

Assets$304,838
Liabilities$221,993
Net Assets$82,845
Open 2015 Filing

Operations Trend

Revenue Growth8th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $94,520Expenses 2014: $17,265Net Income 2014: $77,2552014Revenue 2015: $43,136Expenses 2015: $37,546Net Income 2015: $5,5902015Revenue 2016: $80,969Expenses 2016: $281,841Net Income 2016: -$200,8722016Revenue 2017: $79,997Expenses 2017: $132,822Net Income 2017: -$52,8252017Revenue 2018: $177,193Expenses 2018: $163,031Net Income 2018: $14,1622018Revenue 2019: $296,263Expenses 2019: $224,379Net Income 2019: $71,8842019Revenue 2020: $651,608Expenses 2020: $367,169Net Income 2020: $284,4392020Revenue 2021: $371,338Expenses 2021: $467,125Net Income 2021: -$95,7872021Revenue 2022: $810,888Expenses 2022: $909,612Net Income 2022: -$98,7242022Revenue 2023: $1,366,924Expenses 2023: $974,970Net Income 2023: $391,9542023Revenue 2024: $1,111,165Expenses 2024: $1,131,521Net Income 2024: -$20,3562024

Highlighted filing

2015

Revenue$43,136
Expenses$37,546
Net Income$5,590
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 25, 2016
Return Version
2015v2.1
Gross Receipts
$43,136
Mission and Program Overview

Mission

Empowers youth and adults to learn the joys and responsibilities of flying by providing students with classroom and flight training needed to pilot aircraft.

To provide flight equipment for use in low cost charitable purpose flight and groudn school training.

Program Services

DescriptionGrantsExpenses
The organization provided flight and ground school equipment for use in low cost charitable purpose aeronauitic education.-$37,547
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GREG ROARKCEOPT$0--
MICHAEL PEARCEPresidentPT$0--
STERLING SEAMANSVice-PresidentPT$0--
TOM CLARK JRSec/Treas.PT$0--
Filing and Contact Details

Filer

Filer Name
Aspen Higher Learning Flight Academy Inc
EIN
47-0976234
Phone
9703797806
Address
PO Box 7756, Aspen, CO 81612

Signing Officer

Name
Greg Roark
Title
President
Phone
9703797806
Signed
2016-10-25
Discuss with paid preparer
Yes

Preparer

Firm
Marolt Llp
Address
PO BOX 10671, ASPEN, CO 81612-9778
Preparer
Steven M Marolt CPA
Phone
9709257047
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Aircraft Supplies 2103.”

Form 990EZ, Part I, Line 16

“bank charge 810.”

Form 990EZ, Part I, Line 16

“Dues & subscriptions 220.”

Form 990EZ, Part I, Line 16

“insurance 8333.”

Form 990EZ, Part I, Line 16

“interest expense 10580.”

Form 990EZ, Part I, Line 16

“fuel 10500.”

Form 990EZ, Part I, Line 16

“flight schedule pro 588.”

Form 990EZ, Part I, Line 16

“maint 3114.”

Form 990EZ, Part I, Line 16

“Tax & Licensess 850.”

Form 990EZ, Part I, Line 16

“Office expenses 358.”

Form 990EZ, Part II, Line 24

“Diamond DA 40 aircraft 250594. 250594.”

Form 990EZ, Part II, Line 24

“collateral account 50000. 50100.”

Form 990EZ, Part II, Line 26

“ANB Bank Loan 233246. 221993.”

Raw XML Appendix164 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum09703797806
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Aspen
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd081612
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09907
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt082845
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GREG ROARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL PEARCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STERLING SEAMANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TOM CLARK JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice-president
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Sec/Treas.
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0300594
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0300694
IRS990EZ/OtherExpensesTotalAmt037456
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide flight equipment for use in low cost charitable purpose flight and groudn school training.
IRS990EZ/PrintingPublicationsPostageAmt015
IRS990EZ/ProgramServiceRevenueAmt042236
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization provided flight and ground school equipment for use in low cost charitable purpose aeronauitic education.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt037547
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0233246
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0221993
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt037546
IRS990EZ/TotalProgramServiceExpensesAmt037547
IRS990EZ/TotalRevenueAmt043136
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0false
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Aircraft Supplies 2103.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1bank charge 810.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Dues & subscriptions 220.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3insurance 8333.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4interest expense 10580.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5fuel 10500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6flight schedule pro 588.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7maint 3114.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Tax & Licensess 850.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Office expenses 358.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Diamond DA 40 aircraft 250594. 250594.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11collateral account 50000. 50100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12ANB Bank Loan 233246. 221993.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GREG ROARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09703797806
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Aspen Higher Learning Flight Academy Inc
ReturnHeader/Filer/BusinessNameControlTxt0ASPE
ReturnHeader/Filer/EIN0470976234
ReturnHeader/Filer/PhoneNum09703797806
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 7756
ReturnHeader/Filer/USAddress/CityNm0Aspen
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd081612
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAROLT LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 10671
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASPEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0816129778
ReturnHeader/PreparerPersonGrp/PhoneNum09709257047
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN M MAROLT CPA
ReturnHeader/ReturnTs02016-11-15T09:42:09-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$304,838
Liabilities
$221,993
Net assets
$82,845
Revenue
$43,136
Expenses
$37,546
Net income
$5,590
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$2.08$0.24$1.11$1.13$0.02
2023Summary only. Only limited summary data is available for this year.$1.83$1.53$0.31$1.37$0.97$0.39
2022Detailed filing. Detailed filing data is available for this year.$1.32$1.41$0.08$0.81$0.91$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.88$0.01$0.37$0.47$0.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.91$0.11$0.65$0.37$0.28
2019Detailed filing. Detailed filing data is available for this year.$0.14$0.32$0.17$0.30$0.22$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.10$0.35$0.25$0.18$0.16$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.20$0.47$0.27$0.08$0.13$0.05
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.46$0.22$0.08$0.28$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.30$0.22$0.08$0.04$0.04$0.01
2014Summary only. Only limited summary data is available for this year.$0.31$0.23$0.09$0.02$0.08
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • <$500k nonprofits