Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
EIN 59-1416663 • 501(c)7 • Pompano Beach, FL
Profile
The organization provides safe, reliable flying to members while promoting the understanding and education of each as they relate to the core values of the organization.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on the latest valid filing.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Asset Growth
34th percentile
Faster asset growth than 34% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Assets
Down$214,996
Down $27,619 (-11%) from 2022
Liabilities
Flat$375,484
Flat from 2022
Net Assets
Down-$160,488
Down $27,619 (-21%) from 2022
Revenue
Down$0
Down $302,300 (-100%) from 2022
Expenses
Down$27,619
Down $326,714 (-92%) from 2022
Net Income
Up-$27,619
Up $24,414 (+47%) from 2022
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The organization provides safe, reliable flying to members while promoting the understanding and education of each as they relate to the core values of the organization.
The organization provides safe, reliable flying to members while promoting/providing education for aviation.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pd in Cap Srpls Land Bldg Eqp Fund | $156,238 | $156,238 | → $0 |
| Cap Stk Tr Prin Current Funds | $152,789 | $152,789 | → $0 |
| Land, Buildings, and Equipment, Net | $176,341 | $148,722 | ▼ $27,619 |
| Cash and Non-Interest-Bearing Accounts | $55,770 | $55,770 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $-441,896 | $-469,515 | ▼ $27,619 |
| Total Assets | $242,615 | $214,996 | ▼ $27,619 |
| Other Assets Total | $10,504 | $10,504 | → $0 |
| Liabilities | |||
| Other Liabilities | $372,648 | $372,648 | → $0 |
| Accounts Payable and Accrued Expenses | $2,836 | $2,836 | → $0 |
| Total Liabilities | $375,484 | $375,484 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-132,869 | $-160,488 | ▼ $27,619 |
| Total Liabilities and Net Assets / Fund Balance | $242,615 | $214,996 | ▼ $27,619 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $493,700 | - | $493,700 |
| Name | Title |
|---|---|
| Gregory Gilhooly | President |
| Casey Ahlbum | Secretary |
| Tor Holm | Treasurer |
| Gregory Galyo | Vice Preside |
| Line Item | Amount |
|---|---|
| Other Expenses | $27,619 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $27,619 | - | - | $27,619 |
| Total Functional Expenses | $27,619 | $0 | $0 | $27,619 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Notes Payable Airpl & Other | $372,648 |
“The organization has members.”
“No review was or will be conducted.”
“No documents available to the public”
“Increase in member equity 0”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 2836 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2836 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE ORGANIZATION PROVIDES SAFE, RELIABLE FLYING TO MEMBERS WHILE PROMOTING/PROVIDING EDUCATION FOR AVIATION. |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | TOR HOLM |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9544519212 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1421 S OCEAN BLVD STE 102 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | POMPANO BEACH |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 33062 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 152789 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 152789 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 55770 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 55770 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 27619 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -27619 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 27619 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 0 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 27619 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 27619 |
| IRS990/Desc | 0 | PROVIDE AVIATION RESOURCES AND EDUCATION. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CASEY AHLBUM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | GREGORY GALYO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | GREGORY GILHOOLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | TOR HOLM |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1970 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 0 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 344978 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 176341 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 148722 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 493700 |
| IRS990/LegalDomicileStateCd | 0 | FL |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE ORGANIZATION PROVIDES SAFE, RELIABLE FLYING TO MEMBERS WHILE PROMOTING THE UNDERSTANDING AND EDUCATION OF EACH AS THEY RELATE TO THE CORE VALUES OF THE ORGANIZATION. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -132869 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -160488 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 10504 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 10504 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 372648 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 372648 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 156238 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 156238 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | TOR HOLM |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYOtherExpensesAmt | 0 | 34464 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -34464 |
| IRS990/PYTotalExpensesAmt | 0 | 34464 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -27619 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | -441896 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | -469515 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 493700 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 493700 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 372648 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | NOTES PAYABLE AIRPL & OTHER |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 493700 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 372648 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | false |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION HAS MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | INCREASE IN MEMBER EQUITY 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 242615 |
| IRS990/TotalAssetsEOYAmt | 0 | 214996 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 242615 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 214996 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 27619 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 27619 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 375484 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 375484 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 375484 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 375484 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -132869 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -160488 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 242615 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 214996 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1421 S OCEAN BLVD STE 102 |
| IRS990/USAddress/CityNm | 0 | POMPANO BEACH |
| IRS990/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/USAddress/ZIPCd | 0 | 33062 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TOR HOLM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9544519212 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | POMPANO SENIOR SQUADRON |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FLYING CLUB INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | POMP |
| ReturnHeader/Filer/EIN | 0 | 591416663 |
| ReturnHeader/Filer/PhoneNum | 0 | 9544519212 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1421 S OCEAN BLVD SUITE 102 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | POMPANO BEACH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 33062 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 650966340 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RAYMOND C CAHILL CPA PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4801 S UNIVERSITY DR STE 2080 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | DAVIE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 333283842 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9548621466 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RAYMOND C CAHILL CPA |
| ReturnHeader/ReturnTs | 0 | 2025-11-15T17:13:38-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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