Civic Intelligence

Tidewater Soaring Society Inc

EIN 52-1399515 • 501(c)7 • Poquoson, VA

Profile

To advance the art and science of motor-less flight as a not-for-profit organization by providing gliders, tow aircraft, associated equipment and facilities for members.

PO Box 2116Poquoson, VA 23662

www.tidewatersoaring.org

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.05x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.34x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

23rd percentile

-10%

Higher net margin than 23% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

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.

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

44th percentile

-1.5%

Faster asset growth than 44% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-29%

Faster revenue growth than 15% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$380,370

Down $5,821 (-1.5%) from 2023

Liabilities

Up

$20,347

Up $200 (+1.0%) from 2023

Net Assets

Down

$360,023

Down $6,021 (-1.6%) from 2023

Operations
Liabilities / Revenue88th percentileNet Margin23rd percentile

Revenue

Down

$59,046

Down $24,606 (-29%) from 2023

Expenses

Down

$65,067

Down $8,086 (-11%) from 2023

Net Income

Down

-$6,021

Down $16,520 (-157%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth44th percentile

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

$600K$400K$200K$0Assets 2011: $221,984Liabilities 2011: $21,781Net Assets 2011: $200,2032011Assets 2012: $235,470Liabilities 2012: $23,687Net Assets 2012: $211,7832012Assets 2013: $260,190Liabilities 2013: $24,785Net Assets 2013: $235,4052013Assets 2014: $280,179Liabilities 2014: $24,394Net Assets 2014: $255,7852014Assets 2015: $322,607Liabilities 2015: $20,547Net Assets 2015: $302,0602015Assets 2016: $342,784Liabilities 2016: $20,147Net Assets 2016: $322,6372016Assets 2017: $374,150Liabilities 2017: $20,347Net Assets 2017: $353,8032017Assets 2018: $406,191Liabilities 2018: $20,947Net Assets 2018: $385,2442018Assets 2019: $427,827Liabilities 2019: $21,147Net Assets 2019: $406,6802019Assets 2020: $409,317Liabilities 2020: $21,147Net Assets 2020: $388,1702020Assets 2021: $376,579Liabilities 2021: $20,347Net Assets 2021: $356,2322021Assets 2022: $376,292Liabilities 2022: $20,747Net Assets 2022: $355,5452022Assets 2023: $386,191Liabilities 2023: $20,147Net Assets 2023: $366,0442023Assets 2024: $380,370Liabilities 2024: $20,347Net Assets 2024: $360,0232024

Highlighted filing

2024

Assets$380,370
Liabilities$20,347
Net Assets$360,023
Open 2024 Filing

Operations Trend

Revenue Growth15th percentile

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

$200K$100K$0-$100KRevenue 2011: $107,262Expenses 2011: $109,015Net Income 2011: -$1,7532011Revenue 2012: $94,981Expenses 2012: $83,401Net Income 2012: $11,5802012Revenue 2013: $93,990Expenses 2013: $70,368Net Income 2013: $23,6222013Revenue 2014: $100,265Expenses 2014: $79,885Net Income 2014: $20,3802014Revenue 2015: $122,292Expenses 2015: $76,017Net Income 2015: $46,2752015Revenue 2016: $94,582Expenses 2016: $73,978Net Income 2016: $20,6042016Revenue 2017: $104,688Expenses 2017: $73,522Net Income 2017: $31,1662017Revenue 2018: $93,780Expenses 2018: $183,704Net Income 2018: -$89,9242018Revenue 2019: $98,723Expenses 2019: $77,287Net Income 2019: $21,4362019Revenue 2020: $69,443Expenses 2020: $87,953Net Income 2020: -$18,5102020Revenue 2021: $88,662Expenses 2021: $120,600Net Income 2021: -$31,9382021Revenue 2022: $99,238Expenses 2022: $129,662Net Income 2022: -$30,4242022Revenue 2023: $83,652Expenses 2023: $73,153Net Income 2023: $10,4992023Revenue 2024: $59,046Expenses 2024: $65,067Net Income 2024: -$6,0212024

Highlighted filing

2024

Revenue$59,046
Expenses$65,067
Net Income-$6,021
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$380,370
Liabilities
$20,347
Net assets
$360,023
Revenue
$59,046
Expenses
$65,067
Net income
-$6,021
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.80$0.20$3.60$0.59$0.65$0.06
2023Detailed filing. Detailed filing data is available for this year.$3.86$0.20$3.66$0.84$0.73$0.10
2022Detailed filing. Detailed filing data is available for this year.$3.76$0.21$3.56$0.99$1.30$0.30
2021Detailed filing. Detailed filing data is available for this year.$3.77$0.20$3.56$0.89$1.21$0.32
2020Detailed filing. Detailed filing data is available for this year.$4.09$0.21$3.88$0.69$0.88$0.19
2019Detailed filing. Detailed filing data is available for this year.$4.28$0.21$4.07$0.99$0.77$0.21
2018Detailed filing. Detailed filing data is available for this year.$4.06$0.21$3.85$0.94$1.84$0.90
2017Detailed filing. Detailed filing data is available for this year.$3.74$0.20$3.54$1.05$0.74$0.31
2016Detailed filing. Detailed filing data is available for this year.$3.43$0.20$3.23$0.95$0.74$0.21
2015Detailed filing. Detailed filing data is available for this year.$3.23$0.21$3.02$1.22$0.76$0.46
2014Detailed filing. Detailed filing data is available for this year.$2.80$0.24$2.56$1.00$0.80$0.20
2013Detailed filing. Detailed filing data is available for this year.$2.60$0.25$2.35$0.94$0.70$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.24$2.12$0.95$0.83$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.22$2.00$1.07$1.09$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.0
Gross Receipts
$59,046
Mission and Program Overview

Mission

Provide gliders, tow aircraft, associated equipment and facilities for members

To advance the art and science of motor-less flight as a not-for-profit organization by providing gliders, tow aircraft, associated equipment and facilities for members.

Program Services

DescriptionGrantsExpenses
Provide glider, tow aircraft, associated equipment and facilities for members--
Make flight instruction for members available by members.--
Provide flight scholarships to three youths annually.--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William SwansonPresidentPT$0--
Dan ErnstVice PresidentPT$0--
Tom SwansonSecretary-$0--
Greg ReeseTreasurerPT$0--
Lou GlaabOperations OfficerPT$0--
Robert PowellTow Plane Officer-$0--
Gary Van TasselSail Plane Officer-$0--
Jackson WagesInformation Technology Officer-$0--
John BryantDirector At Large-$0--
Scott GrossDirector At Large-$0--
Filing and Contact Details

Filer

Filer Name
Tidewater Soaring Society Inc
EIN
52-1399515
Phone
7576750392
Address
PO Box 2116, Poquoson, VA 23662

Signing Officer

Name
Greg Reese
Title
Treasurer
Phone
7576750392
Signed
2025-05-12
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Aircraft Fuel;5964|Insurance;22966|Sailplane Maintenance;3505|Towplane Maintenance;10609|Taxes Fees;1375|Operations;979|Other;450^Total;45848^”

Form 990-EZ, Part II, Line 24

“No asset change.”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^Former Member Shares;1800|Member Deposits refundable;18547^Total;20347^”

Raw XML Appendix163 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/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Greg Reese
IRS990EZ/BooksInCareOfDetail/PhoneNum07576750392
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 2116
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Poquoson
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023662
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0199500
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0193679
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt02125
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-6021
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/BOYAmt0386191
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0380370
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt059046
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/InvestmentIncomeAmt02619
IRS990EZ/LandAndBuildingsGrp/BOYAmt037521
IRS990EZ/LandAndBuildingsGrp/EOYAmt037521
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt020810
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0366044
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0360023
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0366044
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0360023
IRS990EZ/OccupancyRentUtltsAndMaintAmt018883
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt08
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt18.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt94
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0William Swanson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Dan Ernst
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Tom Swanson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Greg Reese
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Lou Glaab
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Robert Powell
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Gary Van Tassel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Jackson Wages
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8John Bryant
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Scott Gross
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Operations Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Tow Plane Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Sail Plane Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Information Technology Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director at Large
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director at Large
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0149170
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0149170
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt045848
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To advance the art and science of motor-less flight as a not-for-profit organization by providing gliders, tow aircraft, associated equipment and facilities for members.
IRS990EZ/PrintingPublicationsPostageAmt0336
IRS990EZ/ProgramServiceRevenueAmt033492
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provide glider, tow aircraft, associated equipment and facilities for members
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Make flight instruction for members available by members.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Provide flight scholarships to three youths annually.
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt065067
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt059046
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://www.tidewatersoaring.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Aircraft Fuel;5964|Insurance;22966|Sailplane Maintenance;3505|Towplane Maintenance;10609|Taxes Fees;1375|Operations;979|Other;450^Total;45848^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No asset change.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^Former Member Shares;1800|Member Deposits refundable;18547^Total;20347^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GREG REESE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07576750392
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TIDEWATER SOARING SOCIETY INC
ReturnHeader/Filer/BusinessNameControlTxt0TIDE
ReturnHeader/Filer/EIN0521399515
ReturnHeader/Filer/PhoneNum07576750392
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 2116
ReturnHeader/Filer/USAddress/CityNm0Poquoson
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023662
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-05-12T12:02:39-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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