Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Western Flying Club Inc
EIN 56-6085501 • 501(c)7 • Burlington, NC
Profile
To promote general aviation
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.31x
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
84th percentile
Higher net margin than 84% 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
60th percentile
Faster asset growth than 60% of similar nonprofits.
Revenue Growth
73rd percentile
Faster revenue growth than 73% of similar nonprofits.
Balance Sheet
Assets
Up$495,938
Up $41,507 (+9.1%) from 2023
Liabilities
Down$153,161
Down $32,701 (-18%) from 2023
Net Assets
Up$342,777
Up $74,208 (+28%) from 2023
Revenue
Up$195,038
Up $33,565 (+21%) from 2023
Expenses
Down$120,830
Down $59,063 (-33%) from 2023
Net Income
Up$74,208
Up $92,628 (+503%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $495,938
- Liabilities
- $153,161
- Net assets
- $342,777
- Revenue
- $195,038
- Expenses
- $120,830
- Net income
- $74,208
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Jun 12, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $195,038
Mission and Program Overview
Mission
To promote general aviation
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROMOTE GENERAL AVIATION AND PRIVATE FLYING BY AIDING, ENCOURAGING, PROMOTING AVIATION ACTIVITIES, AND PROVIDING GENERAL AVIATION AIRCRAFT FOR THE THIRTY CLUB MEMBERS | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TOM AYERS | President | PT | $0 | - | - |
| LUC VLAD | Vice Preside | - | $0 | - | - |
| BRAND FORTNER | Secretary | PT | $0 | - | - |
| PAUL LORUSSO | Treasurer | PT | $0 | - | - |
| DAVID ASHER | Member At La | - | $0 | - | - |
| STUART SMITH | Member At La | - | $0 | - | - |
| CARL PELTZER | Member At La | - | $0 | - | - |
| RANDY SMITH | Member At La | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Western Flying Club Inc
- EIN
- 56-6085501
- Phone
- 2522922001
- Address
- PO BOX 704, BURLINGTON, NC 27216
Signing Officer
- Name
- Paul Lorusso
- Title
- Treasurer
- Phone
- 2522922001
- Signed
- 2025-06-12
Preparer
- Preparer
- S Paul Lorusso CPA
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Member fines/late fees/int 4,440 total 4,440”
Form 990-ez, Part I, Line 16
“Expenses int on bank loan 4,402 int on member loans 1,594 a/c and a/p insurance 27,340 fuel 38,731 a/c maint 30,818 property taxes 4,139 gps subscriptions 1,118 social 874 admin 1,243 supplies, tires, etc 5,630 hangar lease 4,941 total 120,830”
Form 990-ez, Part II, Line 24
“Pa28 181 piper archer ii n6ns 27,504 27,504 a36 beechcraft bonanza n6026y 165,000 165,000 c182q cessna skylane n199rn 111,000 111,000 member credit balances -8,395 -12,000 total 295,109 291,504”
Form 990-ez, Part II, Line 26
“Carter bank and trust 136,418 119,940 fuel 4,747 1,823 loans from members 24,152 22,463 loans from officers 20,545 8,935”
Raw XML Appendix146 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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | PAUL LORUSSO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2522922001 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 704 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BURLINGTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27216 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 94033 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 144141 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 95100 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 74208 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 454431 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 495938 |
| IRS990EZ/GrossReceiptsAmt | 0 | 195038 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2169 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 65289 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 60293 |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 8935 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | true |
| IRS990EZ/MembershipDuesAmt | 0 | 93329 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 268569 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 342777 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 268569 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 342777 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TOM AYERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LUC VLAD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BRAND FORTNER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | PAUL LORUSSO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DAVID ASHER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | STUART SMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | CARL PELTZER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | RANDY SMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | MEMBER AT LA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | MEMBER AT LA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | MEMBER AT LA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | MEMBER AT LA |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 295109 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 291504 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 120830 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 4440 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE GENERAL AVIATION |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROMOTE GENERAL AVIATION AND PRIVATE FLYING BY AIDING, ENCOURAGING, PROMOTING AVIATION ACTIVITIES, AND PROVIDING GENERAL AVIATION AIRCRAFT FOR THE THIRTY CLUB MEMBERS |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 185862 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 153161 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 120830 |
| IRS990EZ/TotalRevenueAmt | 0 | 195038 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.WESTERNFLYINGCLUB.COM |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 3117 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 1 | 2950 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 2 | 2868 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 1 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 2 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 1 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 2 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | AIRCRAFT EQUIPMENT |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 1 | AIRCRAFT EQUIPMENT |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 2 | AIRCRAFT EQUIPMENT |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 1 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 2 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 4384 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 1 | 4149 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 2 | 4033 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | BRAND FORTNER SP3 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 1 | STUART SMITH SP3 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 2 | DAVID ASHER SP3 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | DIRECTOR/OFFICER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 1 | DIRECTOR |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 2 | DIRECTOR/DOM |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 1 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 2 | true |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 8935 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MEMBER FINES/LATE FEES/INT 4,440 TOTAL 4,440 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES INT ON BANK LOAN 4,402 INT ON MEMBER LOANS 1,594 A/C AND A/P INSURANCE 27,340 FUEL 38,731 A/C MAINT 30,818 PROPERTY TAXES 4,139 GPS SUBSCRIPTIONS 1,118 SOCIAL 874 ADMIN 1,243 SUPPLIES, TIRES, ETC 5,630 HANGAR LEASE 4,941 TOTAL 120,830 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PA28 181 PIPER ARCHER II N6NS 27,504 27,504 A36 BEECHCRAFT BONANZA N6026Y 165,000 165,000 C182Q CESSNA SKYLANE N199RN 111,000 111,000 MEMBER CREDIT BALANCES -8,395 -12,000 TOTAL 295,109 291,504 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CARTER BANK AND TRUST 136,418 119,940 FUEL 4,747 1,823 LOANS FROM MEMBERS 24,152 22,463 LOANS FROM OFFICERS 20,545 8,935 |
| 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 II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PAUL LORUSSO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2522922001 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WESTERN FLYING CLUB INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WEST |
| ReturnHeader/Filer/EIN | 0 | 566085501 |
| ReturnHeader/Filer/PhoneNum | 0 | 2522922001 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 704 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BURLINGTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27216 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-06-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | S PAUL LORUSSO CPA |
| ReturnHeader/ReturnTs | 0 | 2025-07-25T12:30:59-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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