Civic Intelligence

Upper Valley Flying Club Inc

990EZ • Fiscal year 2019 • EIN 47-1782736

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 23, 2020

PO Box 1201White River Junction, VT 05001

(802) 478-0515

Siviq Scores

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

Liabilities / Assets

96th percentile

0.99x

Higher debt load relative to assets than 96% of similar nonprofits.

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

Liabilities / Revenue

94th percentile

1.06x

Higher debt load relative to revenue than 94% of similar nonprofits.

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

Net Margin

79th percentile

16%

Higher net margin than 79% 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

82nd percentile

22%

Faster asset growth than 82% of similar nonprofits.

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

Revenue Growth

88th percentile

31%

Faster revenue growth than 88% of similar nonprofits.

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

Assets

Up

$214,109

Up $38,529 (+22%) from 2018

Net Assets

Up

$1,656

Up $31,884 (+105%) from 2018

Liabilities

Up

$212,453

Up $6,645 (+3.2%) from 2018

Revenue

Up

$199,779

Up $47,482 (+31%) from 2018

Expenses

Down

$167,895

Down $5,742 (-3.3%) from 2018

Net Income

Up

$31,884

Up $53,224 (+249%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2014: $11,088Liabilities 2014: $8,1712014Assets 2015: $182,530Liabilities 2015: $180,8252015Assets 2016: $168,131Liabilities 2016: $176,2372016Assets 2017: $168,131Liabilities 2017: $176,237Net Assets 2017: -$8,3882017Assets 2018: $175,580Liabilities 2018: $205,808Net Assets 2018: -$30,2282018Assets 2019: $214,109Liabilities 2019: $212,453Net Assets 2019: $1,6562019Assets 2020: $208,846Liabilities 2020: $199,766Net Assets 2020: $9,0802020Assets 2021: $154,331Liabilities 2021: $173,503Net Assets 2021: -$19,1722021Assets 2022: $154,254Liabilities 2022: $154,898Net Assets 2022: -$6442022Assets 2023: $127,615Liabilities 2023: $119,886Net Assets 2023: $7,7292023Assets 2024: $150,816Liabilities 2024: $98,505Net Assets 2024: $52,3112024

Highlighted filing

2019

Assets$214,109
Liabilities$212,453
Net Assets$1,656

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $22,745Expenses 2014: $19,828Net Income 2014: $2,9172014Revenue 2015: $88,859Expenses 2015: $90,071Net Income 2015: -$1,2122015Revenue 2016: $101,303Expenses 2016: $111,114Net Income 2016: -$9,8112016Revenue 2017: $101,303Expenses 2017: $111,114Net Income 2017: -$9,8112017Revenue 2018: $152,297Expenses 2018: $173,637Net Income 2018: -$21,3402018Revenue 2019: $199,779Expenses 2019: $167,895Net Income 2019: $31,8842019Revenue 2020: $165,580Expenses 2020: $158,156Net Income 2020: $7,4242020Revenue 2021: $203,036Expenses 2021: $231,284Net Income 2021: -$28,2482021Revenue 2022: $177,128Expenses 2022: $158,601Net Income 2022: $18,5272022Revenue 2023: $202,531Expenses 2023: $194,158Net Income 2023: $8,3732023Revenue 2024: $187,726Expenses 2024: $143,144Net Income 2024: $44,5822024

Highlighted filing

2019

Revenue$199,779
Expenses$167,895
Net Income$31,884
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 23, 2020
Return Version
2019v5.1
Gross Receipts
$199,779
Mission and Program Overview

Mission

A flying club for the Upper Valley region of Vermont and New Hampshire.

Program Services

DescriptionGrantsExpenses
Flying club with two aircraft supporting licensed and student pilots.-$166,054
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATT BUCYPresident-$0--
BRUCE PRINCEVice President-$0--
BRUCE RENFROTreasurer-$0--
PETER JACKSONSecretary-$0--
DAVID KENTDirector-$0--
TIMOTHY TERRYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Upper Valley Flying Club Inc
EIN
47-1782736
Phone
8024780515
Address
PO BOX 1201, WHITE RIVER JUNCTION, VT 05001

Signing Officer

Name
Bruce Renfro
Title
Treasurer
Phone
8024780515
Signed
2020-06-23
Discuss with paid preparer
Yes

Preparer

Firm
Ben Phipps CPA Plc Dba Onesource Financial
Address
2577 HARTFORD AVE, WHITE RIVER JUNCTION, VT 05001-1478
Preparer
Ben Phipps
Phone
8022953279
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Dues and subscriptions 391.

Form 990EZ, Part I, Line 16

FUEL 60270.

Form 990EZ, Part I, Line 16

INSURANCE 10563.

Form 990EZ, Part I, Line 16

Repairs and maintenance 31617.

Form 990EZ, Part I, Line 16

TAXES AND LICENSES 200.

Form 990EZ, Part I, Line 16

INTEREST 7375.

Form 990EZ, Part I, Line 16

OFFICE 281.

Form 990EZ, Part I, Line 16

Depreciation 42256.

Form 990EZ, Part I, Line 16

Quickbooks payment fee 114.

Form 990EZ, Part I, Line 16

EVENT COSTS 200.

Form 990EZ, Part II, Line 24

Prepaid expenses 1005. 0.

Form 990EZ, Part II, Line 24

Aircraft & avionics - n685dw net of depreciation 85887. 92590.

Form 990EZ, Part II, Line 24

Aircraft - n9106c net of depreciation 38031. 24643.

Form 990EZ, Part II, Line 24

Avionics - n9106c net of depreciation 34500. 31116.

Form 990EZ, Part II, Line 26

Accounts payable 0. 5970.

Form 990EZ, Part II, Line 26

Deferred revenue 12353. 16408.

Form 990EZ, Part II, Line 26

Member deposits 40300. 48849.

Form 990EZ, Part II, Line 26

Aircraft loan - n685dw 77148. 71183.

Form 990EZ, Part II, Line 26

Aircraft loan - n9106c 45614. 42092.

Form 990EZ, Part II, Line 26

Avionics loan - n9106c 30393. 27951.

Raw XML Appendix174 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HARTLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd005048
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt016157
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt065760
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0199779
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MembershipDuesAmt069139
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-30228
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01656
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATT BUCY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRUCE PRINCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BRUCE RENFRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PETER JACKSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAVID KENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TIMOTHY TERRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0159423
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0148349
IRS990EZ/OtherExpensesTotalAmt0153267
IRS990EZ/PrimaryExemptPurposeTxt0A flying club for the Upper Valley region of Vermont and New Hampshire.
IRS990EZ/ProgramServiceRevenueAmt0130640
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0167895
IRS990EZ/TotalProgramServiceExpensesAmt0166054
IRS990EZ/TotalRevenueAmt0199779
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://www.uvflyingclub.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DUES AND SUBSCRIPTIONS 391.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FUEL 60270.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INSURANCE 10563.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REPAIRS AND MAINTENANCE 31617.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TAXES AND LICENSES 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INTEREST 7375.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICE 281.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Depreciation 42256.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8QUICKBOOKS PAYMENT FEE 114.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9EVENT COSTS 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10PREPAID EXPENSES 1005. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11AIRCRAFT & AVIONICS - N685DW NET OF DEPRECIATION 85887. 92590.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12AIRCRAFT - N9106C NET OF DEPRECIATION 38031. 24643.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13AVIONICS - N9106C NET OF DEPRECIATION 34500. 31116.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14ACCOUNTS PAYABLE 0. 5970.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15DEFERRED REVENUE 12353. 16408.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16MEMBER DEPOSITS 40300. 48849.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17AIRCRAFT LOAN - N685DW 77148. 71183.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18AIRCRAFT LOAN - N9106C 45614. 42092.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19AVIONICS LOAN - N9106C 30393. 27951.
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 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRUCE RENFRO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08024780515
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UPPER VALLEY FLYING CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0UPPE
ReturnHeader/Filer/EIN0471782736
ReturnHeader/Filer/PhoneNum08024780515
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1201
ReturnHeader/Filer/USAddress/CityNm0WHITE RIVER JUNCTION
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005001
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A77D090CFE44AC31CB13DFFBC7BD3B90E3DAC9F8
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.166.105.181
ReturnHeader/FilingSecurityInformation/IPDt02020-07-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm012:52:24
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BEN PHIPPS CPA PLC DBA ONESOURCE FINANCIAL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02577 HARTFORD AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WHITE RIVER JUNCTION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0050011478
ReturnHeader/PreparerPersonGrp/PhoneNum08022953279
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ben Phipps
ReturnHeader/ReturnTs02020-07-03T12:52:35-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings