Civic Intelligence

Wings Over Waxhaw Flying Club Inc

EIN 47-4962703 • 501(c)7 • Waxhaw, NC

990-N CoverageNTEE N50

Profile

Promote general aviation education, proficiency, and career advancement in the local community.

PO Box 172Waxhaw, NC 28173-1040

wingsoverwaxhaw.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.02x

Higher debt load relative to assets than 74% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Source year 2023

Net Margin

52nd percentile

6.2%

Higher net margin than 52% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Source year 2023

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

NTEE N50 • <$500k nonprofits • Source year 2023

Asset Growth

45th percentile

0.2%

Faster asset growth than 45% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

63rd percentile

11%

Faster revenue growth than 63% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$121,136

Up $293 (+0.2%) from 2022

Liabilities

Down

$1,829

Down $2,251 (-55%) from 2022

Net Assets

Up

$117,056

Up $1,350 (+1.2%) from 2022

Operations
Liabilities / Revenue76th percentileNet Margin52nd percentile

Revenue

Up

$50,487

Up $5,085 (+11%) from 2022

Expenses

Down

$47,337

Down $416 (-0.9%) from 2022

Net Income

Up

$3,150

Up $5,501 (+234%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2017: $43,505Liabilities 2017: $2,3182017Assets 2018: $67,718Liabilities 2018: $12,6422018Assets 2019: $83,344Liabilities 2019: $25,2552019Assets 2020: $104,077Liabilities 2020: $9,2082020Assets 2021: $95,641Liabilities 2021: $5,137Net Assets 2021: $90,5042021Assets 2022: $120,843Liabilities 2022: $4,080Net Assets 2022: $115,7062022Assets 2023: $121,136Liabilities 2023: $1,829Net Assets 2023: $117,0562023

Highlighted filing

2023

Assets$121,136
Liabilities$1,829
Net Assets$117,056
Open 2023 Filing

Operations Trend

Revenue Growth63rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2017: $52,620Expenses 2017: $46,704Net Income 2017: $5,9162017Revenue 2018: $58,617Expenses 2018: $44,728Net Income 2018: $13,8892018Revenue 2019: $70,198Expenses 2019: $105,795Net Income 2019: -$35,5972019Revenue 2020: $111,829Expenses 2020: $78,189Net Income 2020: $33,6402020Revenue 2021: $68,747Expenses 2021: $70,762Net Income 2021: -$2,0152021Revenue 2022: $45,402Expenses 2022: $47,753Net Income 2022: -$2,3512022Revenue 2023: $50,487Expenses 2023: $47,337Net Income 2023: $3,1502023

Highlighted filing

2023

Revenue$50,487
Expenses$47,337
Net Income$3,150
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$121,136
Liabilities
$1,829
Net assets
$117,056
Revenue
$50,487
Expenses
$47,337
Net income
$3,150
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.21$0.02$1.17$0.50$0.47$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.21$0.04$1.16$0.45$0.48$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.96$0.05$0.91$0.69$0.71$0.02
2020Summary only. Only limited summary data is available for this year.$1.04$0.09$1.12$0.78$0.34
2019Summary only. Only limited summary data is available for this year.$0.83$0.25$0.70$1.06$0.36
2018Summary only. Only limited summary data is available for this year.$0.68$0.13$0.59$0.45$0.14
2017Summary only. Only limited summary data is available for this year.$0.44$0.02$0.53$0.47$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 20, 2024
Return Version
2023v5.0
Gross Receipts
$50,487
Mission and Program Overview

Mission

Promote general aviation education, proficiency, and career advancement in the local community.

Promote general aviation activities

Program Services

DescriptionGrantsExpenses
Provide aviation education and training--
Meet monthly to share experiences, enjoy common interests, and socialize--
Provide support for members to obtain training to achieve FAA pilot licenses and certifications--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alecia PalmerPresident-$0--
Robert McGillMaintenance Officer-$0--
Nathan BeekmanTreasurer-$0--
Dwight PakanVice President-$0--
Thomas PakanSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Wings Over Waxhaw Flying Club Inc
EIN
47-4962703
Phone
7046219341
Address
PO BOX 172, WAXHAW, NC 28173-1040

Signing Officer

Name
Nathan Beekman
Title
Treasurer
Phone
7046219341
Signed
2024-04-20
Raw XML Appendix108 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Nathan Beekman
IRS990EZ/BooksInCareOfDetail/PhoneNum07046219341
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04020 Eutaw Dr
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Waxhaw
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028173
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt045843
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt046136
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03150
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0120843
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0121136
IRS990EZ/GrossReceiptsAmt050487
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt011873
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0116763
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0117056
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0116763
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0119307
IRS990EZ/OccupancyRentUtltsAndMaintAmt080
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Alecia Palmer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Robert McGill
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Nathan Beekman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Dwight Pakan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Thomas Pakan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Maintenance Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt075000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt075000
IRS990EZ/OtherChangesInNetAssetsAmt0-2857
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt047242
IRS990EZ/OtherRevenueTotalAmt043
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Promote general aviation activities
IRS990EZ/PrintingPublicationsPostageAmt015
IRS990EZ/ProgramServiceRevenueAmt038571
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provide aviation education and training
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Meet monthly to share experiences, enjoy common interests, and socialize
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Provide support for members to obtain training to achieve FAA pilot licenses and certifications
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04080
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01829
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TotalExpensesAmt047337
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt050487
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://wingsoverwaxhaw.org
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Nathan Beekman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07046219341
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WINGS OVER WAXHAW FLYING CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0WING
ReturnHeader/Filer/EIN0474962703
ReturnHeader/Filer/PhoneNum07046219341
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 172
ReturnHeader/Filer/USAddress/CityNm0WAXHAW
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0281731040
ReturnHeader/ReturnTs02024-04-21T03:30:32Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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