Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.06x
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
82nd percentile
Higher net margin than 82% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
40th percentile
Faster asset growth than 40% of similar nonprofits.
Revenue Growth
49th percentile
Faster revenue growth than 49% of similar nonprofits.
Balance Sheet
Assets
Down$149,430
Down $2,896 (-1.9%) from 2022
Net Assets
Up$139,984
Up $13,944 (+11%) from 2022
Liabilities
Down$9,446
Down $16,840 (-64%) from 2022
Revenue And Expenses
Revenue
Up$57,557
Up $2,589 (+4.7%) from 2022
Expenses
Down$45,776
Down $10,387 (-18%) from 2022
Net Income
Up$11,781
Up $12,976 (+1086%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Mar 30, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $57,557
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 200 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. | - | - |
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
- 3016982584
- Signed
- 2024-03-30
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 8
“Flying time, Capital Improvement Fund, Avionics Loan Payments, 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
“Increase in Retained Earnings”
Form 990-EZ, Part II, Line 24
“Aircraft fair market value (FMV)”
Form 990-EZ, Part II, Line 26
“Annual Inspection, Insurance, Hangar Rent, Credit Card, Subscriptions”
Raw XML Appendix131 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 | 49308 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 41767 |
| 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 | 11781 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 0 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 152326 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 149430 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 57557 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 2880 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 35420 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 126040 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 139984 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 126040 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 139984 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 5622 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 3.0 |
| 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 | 103018 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 107663 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 2163 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 39911 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 22137 |
| 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 | 243 |
| 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 200 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/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 | 26286 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 9446 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 45776 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 57557 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.skyhiflyingclub.org |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Flying time, Capital Improvement Fund, Avionics Loan Payments, Cashback Rewards, Interest Earned |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Insurance, Fuel, Oil, Maintenance, Repairs, Parts, Supplies, Subscriptions |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Increase in Retained Earnings |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Aircraft fair market value (FMV) |
| 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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Scot Shealer |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Secretary-Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3016982584 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-03-30 |
| 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/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2024-03-30T21:16:34-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Scot |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Shealer |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $149,430
- Liabilities
- $9,446
- Net assets
- $139,984
- Revenue
- $57,557
- Expenses
- $45,776
- Net income
- $11,781