Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Sky-Hi Inc
EIN 52-1010428 • 501(c)7 • Frederick, MD
990-N Coverage
Profile
The founding members of Sky-Hi joined together in 1972 to purchase an airplane and to form a social flying club to pursue a pilot certificate and additional ratings at economical rates. The organization continues to be guided in the spirit of the founding members by meeting on a regular basis for education, fellowship, to work on the airplane and to use the airplane for pleasure, recreation, and other non-profitable purposes in accordance with Revenue Ruling 74-30.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.11x
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
91st percentile
Higher net margin than 91% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
76th percentile
Faster asset growth than 76% of similar nonprofits.
Revenue Growth
57th percentile
Faster revenue growth than 57% of similar nonprofits.
Balance Sheet
Assets
Up$184,499
Up $24,159 (+15%) from 2024
Liabilities
Up$20,910
Up $10,863 (+108%) from 2024
Net Assets
Up$163,589
Up $13,296 (+8.8%) from 2024
Revenue
Up$52,920
Up $2,288 (+4.5%) from 2024
Expenses
Down$34,052
Down $470 (-1.4%) from 2024
Net Income
Up$18,868
Up $2,758 (+17%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $184,499
- Liabilities
- $20,910
- Net assets
- $163,589
- Revenue
- $52,920
- Expenses
- $34,052
- Net income
- $18,868
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2025 to Dec 31, 2025
- Signed
- Apr 5, 2026
- Return Version
- 2025v4.0
- Gross Receipts
- $52,920
Mission and Program Overview
Mission
The founding members of Sky-Hi joined together in 1972 to purchase an airplane and to form a social flying club to pursue a pilot certificate and additional ratings at economical rates. The organization continues to be guided in the spirit of the founding members by meeting on a regular basis for education, fellowship, to work on the airplane and to use the airplane for pleasure, recreation, and other non-profitable purposes in accordance with Revenue Ruling 74-30.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Work on the airplane - In accordance with Federal Aviation Regulations, members performed preventative maintenance on the airplane and participated in the owner-assisted annual inspection to help minimize costs. | - | - |
| Airplane for Recreation and Pleasure - Members flew the club airplane more than 180 flight hours during the year for a variety of non-commercial purposes. | - | - |
| The Plane Improvement Committee researched member-suggested upgrades to the airplane that would improve safety and help to protect the club's largest asset. | - | - |
| Fellowship - Members and their guests gathered together during the year for various social events including cookouts and movie night. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Larry Jarkey | President | - | $0 | - | - |
| Greg Gillen | Vice-President | PT | $0 | - | - |
| Scot Shealer | Secretary-Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Sky-hi Inc
- EIN
- 52-1010428
- Phone
- 4346021701
- Address
- 5706 Mil Run Place, Frederick, MD 21703
Signing Officer
- Name
- Scot Shealer
- Title
- Secretary-Treasurer
- Phone
- 4346021701
- Signed
- 2026-04-05
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 8
“Flying time, Capital Improvement Fund, Cashback Rewards, Interest Earned”
Form 990-EZ, Part I, Line 16
“Insurance, Fuel, Oil, Maintenance, Repairs, Parts, Supplies, Subscriptions”
Form 990-EZ, Part I, Line 20
“Adjustment to Restricted Reserve Funds”
Form 990-EZ, Part II, Line 24
“1977 Cessna Cardinal”
Form 990-EZ, Part II, Line 26
“Annual Inspection, Insurance, Hangar Rent, Credit Card, Subscriptions”
Raw XML Appendix125 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Scot Shealer |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4346021701 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 5706 Mill Run Place |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Frederick |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 21703 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 56211 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 83153 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 0 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 18868 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 0 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 160340 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 184499 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 52920 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 7200 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 29703 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 150293 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 163589 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 150293 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 163589 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 5862 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 4.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 4.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Larry Jarkey |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Greg Gillen |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Scot Shealer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice-President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary-Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 104129 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 101346 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -5572 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 27781 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 23217 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The founding members of Sky-Hi joined together in 1972 to purchase an airplane and to form a social flying club to pursue a pilot certificate and additional ratings at economical rates. The organization continues to be guided in the spirit of the founding members by meeting on a regular basis for education, fellowship, to work on the airplane and to use the airplane for pleasure, recreation, and other non-profitable purposes in accordance with Revenue Ruling 74-30. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 409 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Work on the airplane - In accordance with Federal Aviation Regulations, members performed preventative maintenance on the airplane and participated in the owner-assisted annual inspection to help minimize costs. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Airplane for Recreation and Pleasure - Members flew the club airplane more than 180 flight hours during the year for a variety of non-commercial purposes. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | The Plane Improvement Committee researched member-suggested upgrades to the airplane that would improve safety and help to protect the club's largest asset. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | Fellowship - Members and their guests gathered together during the year for various social events including cookouts and movie night. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 10047 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 20910 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 34052 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 52920 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.skyhiflyingclub.org |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Flying time, Capital Improvement Fund, Cashback Rewards, Interest Earned |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Insurance, Fuel, Oil, Maintenance, Repairs, Parts, Supplies, Subscriptions |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Adjustment to Restricted Reserve Funds |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 1977 Cessna Cardinal |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Annual Inspection, Insurance, Hangar Rent, Credit Card, Subscriptions |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Scot Shealer |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Secretary-Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4346021701 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-04-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SKY-HI INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SKY- |
| ReturnHeader/Filer/EIN | 0 | 521010428 |
| ReturnHeader/Filer/PhoneNum | 0 | 4346021701 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 5706 Mil Run Place |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Frederick |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 21703 |
| ReturnHeader/ReturnTs | 0 | 2026-04-12T13:18:10-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
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