Civic Intelligence

Uwharrie Eagles Flying Club Inc

EIN 56-1572855 • 501(c)7 • Albemarle, NC

Profile

To promote camaraderie and fellowship of general aviation pilots; to promote safety and continuing education in general aviation; and to provide a well-maintained aircraft for members' use at the most economical rates possible.

970 N 10th StreetAlbemarle, NC 28001

flyuwharrie.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • <$500k nonprofits • Source year 2021

Net Margin

97th percentile

82%

Higher net margin than 97% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2021

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 2021

Asset Growth

5th percentile

-100%

Faster asset growth than 5% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

297%

Faster revenue growth than 99% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $14,035 (-100%) from 2020

Liabilities

Down

$0

Down $169,922 (-100%) from 2020

Net Assets

$0

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue59th percentileNet Margin97th percentile

Revenue

Up

$312,808

Up $234,067 (+297%) from 2020

Expenses

Down

$57,767

Down $51,428 (-47%) from 2020

Net Income

Up

$255,041

Up $285,495 (+937%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth5th percentile

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

$200K$150K$100K$50K$0Assets 2020: $14,035Liabilities 2020: $169,9222020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue Growth99th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2020: $78,741Expenses 2020: $109,195Net Income 2020: -$30,4542020Revenue 2021: $312,808Expenses 2021: $57,767Net Income 2021: $255,0412021

Highlighted filing

2021

Revenue$312,808
Expenses$57,767
Net Income$255,041
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$312,808
Expenses
$57,767
Net income
$255,041
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$3.13$0.58$2.55
2020Summary only. Only limited summary data is available for this year.$0.14$1.70$0.79$1.09$0.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jan 15, 2022
Return Version
2021v4.0
Gross Receipts
$312,808
Mission and Program Overview

Mission

To promote camaraderie and fellowship of general aviation pilots; to promote safety and continuing education in general aviation; and to provide a well-maintained aircraft for members' use at the most economical rates possible.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$10,244--
Cash and Non-Interest-Bearing Accounts$3,791--
Total Assets$14,035$0▼ $14,035
Liabilities
Other Liabilities$169,736--
Accounts Payable and Accrued Expenses$185--
Total Liabilities$169,921$0▼ $169,921
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-155,886--
Total Net Assets Fund Balance$-155,886$0▲ $155,886
Total Liabilities and Net Assets / Fund Balance$14,035$0▼ $14,035
Compensation and Service Providers
Top Officer Pay94th percentile

Board Members and Trustees

NameTitle
Pete LuksasPresident
Chad LarsonBoard Member
Gabe DimeglioBoard Member
Mike HarwoodBoard Member
Mike TaylorSecretary
Brian JonesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$34,627
Program Service Revenue
$0
Investment Income
$278,181
Other Revenue
$0
Change in Net Assets
$255,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$57,767
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$11,604--$11,604
Interest$6,262--$6,262
Other Expenses$1,333--$1,333
Fees for Services Accounting-$840-$840
All Other Expenses$62--$62
Office Expenses$23--$23
Total Functional Expenses$56,927$840$0$57,767
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Uwharrie Eagles Flying Club Inc
EIN
56-1572855
Phone
7042449641
Address
970 N 10TH STREET, ALBEMARLE, NC 28001

Signing Officer

Name
Brian Jones
Title
Treasurer
Phone
7042449641
Signed
2022-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Jones
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Beane Swaringen & Company Pllc
Address
PO BOX 908, ALBEMARLE, NC 28002
Preparer
Cynthia H Beane
Phone
7049820126
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To promote camaraderie and fellowship of general aviation pilots; to promote safety and continuing education in general aviation; and to provide a well-maintained aircraft for members' use at the most economical rates possible.”

Form 990, Part XI, Line 9

“Return of dues to members -99,155”

Raw XML Appendix285 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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0278181
IRS990/GrossReceiptsAmt0312808
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InsuranceGrp/ProgramServicesAmt011604
IRS990/InsuranceGrp/TotalAmt011604
IRS990/InterestGrp/ProgramServicesAmt06262
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
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IRS990/MaterialDiversionOrMisuseInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt023
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IRS990/OperateHospitalInd0false
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-08-31
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RETURN OF DUES TO MEMBERS -99,155
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-01-28T06:15:23-06:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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