Civic Intelligence

Flying 20 Club Inc

990EZ • Fiscal year 2021 • EIN 73-6501009

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 29, 2023

PO Box 1971Springfield, IL 62705

(217) 415-1293

Siviq Scores

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

Liabilities / Assets

60th percentile

0.01x

Higher debt load relative to assets than 60% of similar nonprofits.

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

Liabilities / Revenue

63rd percentile

0.02x

Higher debt load relative to revenue than 63% of similar nonprofits.

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

Net Margin

69th percentile

17%

Higher net margin than 69% of similar nonprofits.

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

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

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

Asset Growth

67th percentile

12%

Faster asset growth than 67% of similar nonprofits.

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

Revenue Growth

59th percentile

15%

Faster revenue growth than 59% of similar nonprofits.

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

Assets

Up

$470,852

Up $51,147 (+12%) from 2020

Net Assets

$467,020

No earlier filing loaded for comparison.

Liabilities

Up

$3,832

Up $6,325 (+254%) from 2020

Revenue

Up

$176,443

Up $22,414 (+15%) from 2020

Expenses

Up

$147,194

Up $27,150 (+23%) from 2020

Net Income

Down

$29,249

Down $4,736 (-14%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $268,839Liabilities 2011: $9,5642011Assets 2012: $295,526Liabilities 2012: $11,5292012Assets 2013: $384,240Liabilities 2013: $9,6372013Assets 2014: $390,271Liabilities 2014: $12,6612014Assets 2015: $398,104Liabilities 2015: $14,0442015Assets 2016: $383,077Liabilities 2016: $16,7822016Assets 2017: $343,285Liabilities 2017: $11,3502017Assets 2018: $399,978Liabilities 2018: -$3,1942018Assets 2019: $422,871Liabilities 2019: $3,166Net Assets 2019: $419,7052019Assets 2020: $419,705Liabilities 2020: -$2,4932020Assets 2021: $470,852Liabilities 2021: $3,832Net Assets 2021: $467,0202021Assets 2022: $445,860Liabilities 2022: $4,574Net Assets 2022: $441,2862022Assets 2023: $435,638Liabilities 2023: $5,473Net Assets 2023: $430,1652023Assets 2024: $365,349Liabilities 2024: $5,752Net Assets 2024: $359,5972024

Highlighted filing

2021

Assets$470,852
Liabilities$3,832
Net Assets$467,020

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $60,030Expenses 2011: $51,391Net Income 2011: $8,6392011Revenue 2012: $92,381Expenses 2012: $65,263Net Income 2012: $27,1182012Revenue 2013: $81,101Expenses 2013: $58,585Net Income 2013: $22,5162013Revenue 2014: $81,046Expenses 2014: $71,248Net Income 2014: $9,7982014Revenue 2015: $97,447Expenses 2015: $85,376Net Income 2015: $12,0712015Revenue 2016: $140,276Expenses 2016: $148,148Net Income 2016: -$7,8722016Revenue 2017: $153,034Expenses 2017: $205,613Net Income 2017: -$52,5792017Revenue 2018: $161,588Expenses 2018: $108,705Net Income 2018: $52,8832018Revenue 2019: $152,040Expenses 2019: $129,119Net Income 2019: $22,9212019Revenue 2020: $154,029Expenses 2020: $120,044Net Income 2020: $33,9852020Revenue 2021: $176,443Expenses 2021: $147,194Net Income 2021: $29,2492021Revenue 2022: $169,713Expenses 2022: $195,447Net Income 2022: -$25,7342022Revenue 2023: $178,631Expenses 2023: $189,752Net Income 2023: -$11,1212023Revenue 2024: $233,620Expenses 2024: $304,188Net Income 2024: -$70,5682024

Highlighted filing

2021

Revenue$176,443
Expenses$147,194
Net Income$29,249
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 29, 2023
Return Version
2021v4.1
Gross Receipts
$176,443
Mission and Program Overview

Mission

To allow members access to airplanes to enable them to stay up todate with their licenses and to be able to rent airplanes from the club for individual flights.

Program Services

DescriptionGrantsExpenses
Rental of airplanes to members in order for them to fly and keep their licenses active and up to date-$147,195
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas SwiftPresident-$0--
Al ConradTreasurer-$0--
Dan SlugaSecretary-$0--
Cristian BarillasVice President-$0--
Filing and Contact Details

Filer

Filer Name
Flying 20 Club Inc
EIN
73-6501009
Phone
2174151293
Address
PO Box 1971, Springfield, IL 62705

Signing Officer

Name
Thomas Swift
Title
President
Phone
2175258550
Signed
2023-09-29
Discuss with paid preparer
Yes

Preparer

Firm
Robert R Brouse II CPA
Address
917 Clocktower Drive Suite 440A, Springfield, IL 62704
Preparer
Robert R Brouse II
Phone
2175721302
Supplemental Narrative

Additional Explanations

Other Expenses.1

Operating Expenses $147194

Other Assets.1

Airplanes - Beginning $285855 Airplanes - Ending $285855

Other Assets.2

Equipment - Beginning $2509 Equipment - Ending $2509

Other Assets.3

Receivables - Beginning $17543 Receivables - Ending $17543

Total Liabilities.1

Member Prepaymwnts - Beginning $3832 Member Prepaymwnts - Ending $3832

Raw XML Appendix124 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Al Conrad
IRS990EZ/BooksInCareOfDetail/PhoneNum02174151293
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O Box 1971
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Springfield
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0627051971
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0135696
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0164945
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt029249
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0441603
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0470852
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0176443
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0437771
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0467020
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0437771
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0467020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Thomas Swift
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Al Conrad
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Dan Sluga
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Cristian Barillas
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0305907
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0305907
IRS990EZ/OtherExpensesTotalAmt0147194
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To allow members access to airplanes to enable them to stay up todate with their licenses and to be able to rent airplanes from the club for individual flights.
IRS990EZ/ProgramServiceRevenueAmt0176443
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Rental of airplanes to members in order for them to fly and keep their licenses active and up to date
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0147195
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03832
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03832
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0147194
IRS990EZ/TotalProgramServiceExpensesAmt0147195
IRS990EZ/TotalRevenueAmt0176443
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Operating Expenses $147194
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Airplanes - Beginning $285855 Airplanes - Ending $285855
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Equipment - Beginning $2509 Equipment - Ending $2509
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Receivables - Beginning $17543 Receivables - Ending $17543
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Member Prepaymwnts - Beginning $3832 Member Prepaymwnts - Ending $3832
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Assets.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Assets.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Thomas Swift
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02175258550
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Flying 20 Club Inc
ReturnHeader/Filer/BusinessNameControlTxt0FLYI
ReturnHeader/Filer/EIN0736501009
ReturnHeader/Filer/PhoneNum02174151293
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1971
ReturnHeader/Filer/USAddress/CityNm0Springfield
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062705
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371415825
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Robert R Brouse II CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0917 Clocktower Drive Suite 440A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Springfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062704
ReturnHeader/PreparerPersonGrp/PhoneNum02175721302
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert R Brouse II
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-09-29T10:15:45-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Thomas
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Swift
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$0.06$3.60$2.34$3.04$0.71
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.36$0.05$4.30$1.79$1.90$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.46$0.05$4.41$1.70$1.95$0.26
2021Detailed filing. Detailed filing data is available for this year.$4.71$0.04$4.67$1.76$1.47$0.29
2020Summary only. Only limited summary data is available for this year.$4.20$0.02$1.54$1.20$0.34
2019Summary only. Only limited summary data is available for this year.$4.23$0.03$4.20$1.52$1.29$0.23
2018Summary only. Only limited summary data is available for this year.$4.00$0.03$1.62$1.09$0.53
2017Summary only. Only limited summary data is available for this year.$3.43$0.11$1.53$2.06$0.53
2016Summary only. Only limited summary data is available for this year.$3.83$0.17$1.40$1.48$0.08
2015Summary only. Only limited summary data is available for this year.$3.98$0.14$0.97$0.85$0.12
2014Summary only. Only limited summary data is available for this year.$3.90$0.13$0.81$0.71$0.10
2013Summary only. Only limited summary data is available for this year.$3.84$0.10$0.81$0.59$0.23
2012Summary only. Only limited summary data is available for this year.$2.96$0.12$0.92$0.65$0.27
2011Summary only. Only limited summary data is available for this year.$2.69$0.10$0.60$0.51$0.09