Civic Intelligence

Ten-Hi Flyers Inc

990 • Fiscal year 2016 • EIN 73-1732140

Jan 01, 2016 to Dec 31, 2016 • Filed on May 09, 2017

1855 South Ammons StreetLakewood, CO 80232-6715

(303) 986-6121

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

53rd percentile

0.00x

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

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.00x

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

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Net Margin

94th percentile

38%

Higher net margin than 94% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Asset Growth

87th percentile

34%

Faster asset growth than 87% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

94th percentile

57%

Faster revenue growth than 94% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$451,761

Up $115,629 (+34%) from 2015

Net Assets

Up

$451,761

Up $115,629 (+34%) from 2015

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$301,472

Up $109,698 (+57%) from 2015

Expenses

Up

$185,843

Up $27,891 (+18%) from 2015

Net Income

Up

$115,629

Up $81,807 (+242%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2010: $270,983Net Assets 2010: $270,9832010Assets 2011: $249,077Net Assets 2011: $249,0772011Assets 2012: $292,513Net Assets 2012: $292,5132012Assets 2013: $325,226Net Assets 2013: $325,2262013Assets 2014: $302,310Net Assets 2014: $302,3102014Assets 2015: $336,132Net Assets 2015: $336,1322015Assets 2016: $451,761Liabilities 2016: $0Net Assets 2016: $451,7612016Assets 2017: $452,538Net Assets 2017: $452,5382017Assets 2018: $429,513Liabilities 2018: $0Net Assets 2018: $429,5132018Assets 2019: $462,722Net Assets 2019: $462,7222019Assets 2020: $423,236Net Assets 2020: $423,2362020Assets 2021: $386,188Liabilities 2021: $5,442Net Assets 2021: $380,7462021Assets 2022: $459,239Liabilities 2022: $139,833Net Assets 2022: $319,4062022Assets 2023: $580,274Liabilities 2023: $363,879Net Assets 2023: $216,3952023Assets 2024: $396,830Liabilities 2024: $586,122Net Assets 2024: -$189,2922024

Highlighted filing

2016

Assets$451,761
Liabilities$0
Net Assets$451,761

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2010: $141,016Expenses 2010: $166,106Net Income 2010: -$25,0902010Revenue 2011: $119,752Expenses 2011: $141,658Net Income 2011: -$21,9062011Revenue 2012: $131,554Expenses 2012: $88,118Net Income 2012: $43,4362012Revenue 2013: $114,864Expenses 2013: $82,151Net Income 2013: $32,7132013Revenue 2014: $119,614Expenses 2014: $142,530Net Income 2014: -$22,9162014Revenue 2015: $191,774Expenses 2015: $157,952Net Income 2015: $33,8222015Revenue 2016: $301,472Expenses 2016: $185,843Net Income 2016: $115,6292016Revenue 2017: $135,460Expenses 2017: $134,683Net Income 2017: $7772017Revenue 2018: $138,637Expenses 2018: $161,662Net Income 2018: -$23,0252018Revenue 2019: $131,798Expenses 2019: $98,589Net Income 2019: $33,2092019Revenue 2020: $133,253Expenses 2020: $172,739Net Income 2020: -$39,4862020Revenue 2021: $157,836Expenses 2021: $194,884Net Income 2021: -$37,0482021Revenue 2022: $148,456Expenses 2022: $161,988Net Income 2022: -$13,5322022Revenue 2023: $160,083Expenses 2023: $242,991Net Income 2023: -$82,9082023Revenue 2024: $326,493Expenses 2024: $308,184Net Income 2024: $18,3092024

Highlighted filing

2016

Revenue$301,472
Expenses$185,843
Net Income$115,629
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 9, 2017
Return Version
2016v3.0
Gross Receipts
$301,472
Mission and Program Overview

Mission

Provided flying opportunities for members

Provide flying opportunities for members

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$135,472$275,956▲ $140,484
Pd in Cap Srpls Land Bldg Eqp Fund$0$270,916▲ $270,916
Cap Stk Tr Prin Current Funds$336,132$180,845▼ $155,287
Land, Buildings, and Equipment, Net$200,660$120,396▼ $80,264
Cash and Non-Interest-Bearing Accounts$0$1,603▲ $1,603
Accounts Receivable$0$0→ $0
Total Assets$336,132$451,761▲ $115,629
Other Assets Total$0$53,806▲ $53,806
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$336,132$451,761▲ $115,629
Total Liabilities and Net Assets / Fund Balance$336,132$451,761▲ $115,629

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0--
Other Land Buildings$0--
Land$0--
Equipment$120,396$289,407-
Leasehold Improvements$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016----$0
2015----$0
2014----$0
2013----$0
2012----$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike MihalcinPresident
Wayne MunsonVice President
Greg KainzSecretary
Fred GardnerTreasurer
Ted LemenVP Maintenance
Steve StrattonVP Training
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$122,345
Investment Income
$129,794
Other Revenue
$49,333
Change in Net Assets
$115,629

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$135,009
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
Fees for Services Management-$51,019-$51,019
Benefits to Members$50,834--$50,834
Office Expenses-$1,560-$1,560
Advertising$600--$600
Other Expenses$215$80,264-$215
Total Functional Expenses$53,000$132,843$0$185,843

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Total Expenses per Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
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
Yes
Management duties delegated
No

Governance Explanations

Part VI, Section A, Line 6

DUES PAYING MEMBERS

PART VI, SECTION A, LINE 7A

All members can vote on officers during annual elections.

PART VI, SECTION A, LINE 8A

Secretary records all meetings and file information concerning the meetings.

Part VI, Section B, Line 11

To the treasurer who signs return.

Part VI, Section C, Line 19

Teasurers keeps copies of the tax returns.

Filing and Contact Details

Filer

Filer Name
Ten Hi Flyers Inc
EIN
73-1732140
Phone
3039866121
Address
1855 SOUTH AMMONS STREET, LAKEWOOD, CO 80232-6715

Signing Officer

Name
Fred J Gardner
Title
Treasurer
Phone
3039866121
Signed
2017-05-09
Discuss with paid preparer
No

Organization Details

Principal Officer
Fred Gardner
Formed
1961
Legal Domicile
Co
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
David J Peterson
Address
3675 LYNX MEADOW DRIVE, PRESCOTT, AZ 86303-6943
Preparer
David Peterson
Phone
3035798843
Supplemental Narrative

Additional Explanations

Form 990 - Supplemental Information

SUPPORTING STATEMENT FOR ELECTION TO NOT CLAIM SPECIAL 50 PERCENT SPECIAL DEPRECIATION In accordance with The Internal Revenue Code, I am electing to not claim the additional 50 percent depreciation for the following: 5-year property

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IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0120396
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0289407
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0409803
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt00
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IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
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IRS990ScheduleD/RevenueSubtotalAmt00
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IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TermEndowmentBalanceEOYPct00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0120396
IRS990ScheduleD/TotalBookValueOtherAssetsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt00
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt00
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IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt50
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt40
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt40
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.97$5.86$1.89$3.26$3.08$0.18
2023Detailed filing. Detailed filing data is available for this year.$5.80$3.64$2.16$1.60$2.43$0.83
2022Detailed filing. Detailed filing data is available for this year.$4.59$1.40$3.19$1.48$1.62$0.14
2021Detailed filing. Detailed filing data is available for this year.$3.86$0.05$3.81$1.58$1.95$0.37
2020Detailed filing. Detailed filing data is available for this year.$4.23$4.23$1.33$1.73$0.39
2019Detailed filing. Detailed filing data is available for this year.$4.63$4.63$1.32$0.99$0.33
2018Detailed filing. Detailed filing data is available for this year.$4.30$0.00$4.30$1.39$1.62$0.23
2017Detailed filing. Detailed filing data is available for this year.$4.53$4.53$1.35$1.35$0.01
2016Detailed filing. Detailed filing data is available for this year.$4.52$0.00$4.52$3.01$1.86$1.16
2015Detailed filing. Detailed filing data is available for this year.$3.36$3.36$1.92$1.58$0.34
2014Detailed filing. Detailed filing data is available for this year.$3.02$3.02$1.20$1.43$0.23
2013Detailed filing. Detailed filing data is available for this year.$3.25$3.25$1.15$0.82$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.93$2.93$1.32$0.88$0.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$2.49$1.20$1.42$0.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$2.71$1.41$1.66$0.25