Civic Intelligence

Bennington Airport Development Corporation

990EZ • Fiscal year 2017 • EIN 47-5003114

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

Organization ProfileN/A
1563 Walloomsac RoadBennington, VT 05201

(802) 442-5503

Siviq Scores

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

Liabilities / Assets

90th percentile

0.55x

Higher debt load relative to assets than 90% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

0.87x

Higher debt load relative to revenue than 95% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

77th percentile

28%

Faster asset growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

78th percentile

29%

Faster revenue growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$51,347

Up $11,259 (+28%) from 2016

Net Assets

Up

$23,179

Up $7,260 (+46%) from 2016

Liabilities

Up

$28,168

Up $3,999 (+17%) from 2016

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin78th percentile

Revenue

Up

$32,447

Up $7,291 (+29%) from 2016

Expenses

Up

$25,187

Up $15,950 (+173%) from 2016

Net Income

Down

$7,260

Down $8,659 (-54%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

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

$60K$40K$20K$0Assets 2016: $40,088Liabilities 2016: $24,169Net Assets 2016: $15,9192016Assets 2017: $51,347Liabilities 2017: $28,168Net Assets 2017: $23,1792017Assets 2018: $17,783Liabilities 2018: $1,314Net Assets 2018: $16,4692018

Highlighted filing

2017

Assets$51,347
Liabilities$28,168
Net Assets$23,179
Open 2017 Filing

Operations Trend

Revenue Growth78th percentile

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

$40K$30K$20K$10K$0-$10KRevenue 2016: $25,156Expenses 2016: $9,237Net Income 2016: $15,9192016Revenue 2017: $32,447Expenses 2017: $25,187Net Income 2017: $7,2602017Revenue 2018: $10,292Expenses 2018: $17,002Net Income 2018: -$6,7102018

Highlighted filing

2017

Revenue$32,447
Expenses$25,187
Net Income$7,260
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.2
Gross Receipts
$95,446
Mission and Program Overview

Mission

To increase general aviation activity at William H.Morse Airport to a level that would attract and sustain a credible, viable private-sector airport.

Program Services

DescriptionGrantsExpenses
To increase general aviation activity at William H. Morse Airport to a level that would attact and sustain a creditable , viable private-sector operator.$13,424-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David K CoreyTreasurer-$0--
Charles SussPresident-$0--
John LikakisSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Bennington Airport Development
EIN
47-5003114
Phone
8024425503
Address
1563 Walloomsac Road, Bennington, VT 05201

Signing Officer

Name
David K Corey
Title
Treasurer
Signed
2018-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Love Cody & Company CPAs PC
Address
PO Box 319, Bennington, VT 05201-0319
Preparer
Frank J Cody CPA
Phone
8024425552
Supplemental Narrative

Additional Explanations

Other Revenue.1

“Hangar Rental $7700”

Other Revenue.2

“Aircraft tie-down & park. $1775”

Other Revenue.3

“Miscellaneous income $524”

Other Expenses.1001

“Advertising and Promotion $10031”

Other Expenses.1002

“Office Expenses $307”

Other Expenses.1012

“Insurance $3841”

Other Expenses.1

“Auto and Line Equipment Expen $2342”

Other Expenses.2

“Dues fees & subscriptions $720”

Other Expenses.3

“Other Expenses: Miscellandous Expense $286”

Other Assets.1

“Inventory - AvGas - Beginning $7765 Inventory - AvGas - Ending $6328”

Other Assets.2

“Inventory - Jet A - Beginning $4004 Inventory - Jet A - Ending $2868”

Total Liabilities.1

“Sales Tax Payable - Beginning $249 Sales Tax Payable - Ending $327”

Total Liabilities.2

“Long Term Liabilities:VAOT Fuel - Beginning $23920 Long Term Liabilities:VAOT Fuel - Ending $27841”

Raw XML Appendix155 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/PersonNm0David K Corey
IRS990EZ/BooksInCareOfDetail/PhoneNum08024425503
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01563 Walloomsac Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Bennington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd005201
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt028319
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt042151
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt015000
IRS990EZ/CostOfGoodsSoldAmt062999
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07260
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04267
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt040088
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt07430
IRS990EZ/GrossReceiptsAmt095446
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt070429
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/InvestmentIncomeAmt018
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt015919
IRS990EZ/NetAssetsOrFundBalancesEOYAmt023179
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt015919
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt023179
IRS990EZ/OccupancyRentUtltsAndMaintAmt03393
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0David K Corey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Charles Suss
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2John Likakis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt011769
IRS990EZ/OtherAssetsTotalDetail/EOYAmt09196
IRS990EZ/OtherExpensesTotalAmt017527
IRS990EZ/OtherRevenueTotalAmt09999
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To increase general aviation activity at William H.Morse Airport to a level that would attract and sustain a credible, viable private-sector airport.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To increase general aviation activity at William H. Morse Airport to a level that would attact and sustain a creditable , viable private-sector operator.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt013424
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt024169
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt028168
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt025187
IRS990EZ/TotalProgramServiceExpensesAmt013424
IRS990EZ/TotalRevenueAmt032447
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt015000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt022590
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt022590
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt015000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07590
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt022590
IRS990ScheduleA/TotalSupportAmt022590
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Hangar Rental $7700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Aircraft tie-down & park. $1775
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Miscellaneous income $524
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertising and Promotion $10031
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Office Expenses $307
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $3841
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Auto and Line Equipment Expen $2342
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DUES FEES & SUBSCRIPTIONS $720
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Other Expenses: Miscellandous Expense $286
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Inventory - AvGas - Beginning $7765 Inventory - AvGas - Ending $6328
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Inventory - Jet A - Beginning $4004 Inventory - Jet A - Ending $2868
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Sales Tax Payable - Beginning $249 Sales Tax Payable - Ending $327
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Long Term Liabilities:VAOT Fuel - Beginning $23920 Long Term Liabilities:VAOT Fuel - Ending $27841
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Revenue.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Revenue.3
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Assets.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Total Liabilities.2
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0David K Corey
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bennington Airport Development
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Corporation
ReturnHeader/Filer/BusinessNameControlTxt0BENN
ReturnHeader/Filer/EIN0475003114
ReturnHeader/Filer/PhoneNum08024425503
ReturnHeader/Filer/USAddress/AddressLine1Txt01563 Walloomsac Road
ReturnHeader/Filer/USAddress/CityNm0Bennington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005201
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030340652
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Love Cody & Company CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 319
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bennington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0052010319
ReturnHeader/PreparerPersonGrp/PhoneNum08024425552
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Frank J Cody CPA
ReturnHeader/ReturnTs02018-05-15T10:05:03-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$51,347
Liabilities
$28,168
Net assets
$23,179
Revenue
$32,447
Expenses
$25,187
Net income
$7,260
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$17.8$1.31$16.5$10.3$17.0$6.71
2017Detailed filing. Detailed filing data is available for this year.$51.3$28.2$23.2$32.4$25.2$7.26
2016Detailed filing. Detailed filing data is available for this year.$40.1$24.2$15.9$25.2$9.24$15.9