Civic Intelligence

Flying 20 Club Inc

990EZ • Fiscal year 2023 • EIN 73-6501009

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 23, 2024

PO Box 1971Springfield, IL 62705

(773) 469-8070

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

69th percentile

0.03x

Higher debt load relative to revenue than 69% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Net Margin

28th percentile

-6.2%

Higher net margin than 28% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Asset Growth

39th percentile

-2.3%

Faster asset growth than 39% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

50th percentile

5.3%

Faster revenue growth than 50% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$435,638

Down $10,222 (-2.3%) from 2022

Net Assets

Down

$430,165

Down $11,121 (-2.5%) from 2022

Liabilities

Up

$5,473

Up $899 (+20%) from 2022

Revenue

Up

$178,631

Up $8,918 (+5.3%) from 2022

Expenses

Down

$189,752

Down $5,695 (-2.9%) from 2022

Net Income

Up

-$11,121

Up $14,613 (+57%) from 2022

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

2023

Assets$435,638
Liabilities$5,473
Net Assets$430,165

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

2023

Revenue$178,631
Expenses$189,752
Net Income-$11,121
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 23, 2024
Return Version
2023v5.0
Gross Receipts
$178,631
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-$189,752
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas SwiftPresident-$0--
Al ConradTreasurer-$0--
Dan SlugaSecretary-$0--
Cristian BarillasMaintence Offic-$0--
Dan LohmarSafety Officer-$0--
Filing and Contact Details

Filer

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

Signing Officer

Name
Thomas Swift
Title
President
Signed
2024-04-23
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 $189752

Other Assets.1

Airplanes - Beginning $291565 Airplanes - Ending $291565

Other Assets.2

Equipment - Beginning $2509 Equipment - Ending $2509

Other Assets.3

Receivables - Beginning $18743 Receivables - Ending $19642

Total Liabilities.1

Member Prepaymwnts - Beginning $4574 Member Prepaymwnts - Ending $5473

Raw XML Appendix127 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/PhoneNum07734698070
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O Box 1971
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Springfield
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0627051971
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0133043
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0121922
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-11121
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0445860
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0435638
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0178631
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0441286
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0430165
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0441286
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0430165
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt44.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Thomas Swift
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Al Conrad
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Dan Sluga
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Cristian Barillas
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Dan Lohmar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Maintence Offic
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Safety Officer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0312817
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0313716
IRS990EZ/OtherExpensesTotalAmt0189752
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/ProgramServiceRevenueAmt0178631
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Rental of airplanes to members in order for them to fly and keep their licenses active and up to date
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0189752
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04574
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05473
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0189752
IRS990EZ/TotalProgramServiceExpensesAmt0189752
IRS990EZ/TotalRevenueAmt0178631
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Operating Expenses $189752
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Airplanes - Beginning $291565 Airplanes - Ending $291565
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Equipment - Beginning $2509 Equipment - Ending $2509
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Receivables - Beginning $18743 Receivables - Ending $19642
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Member Prepaymwnts - Beginning $4574 Member Prepaymwnts - Ending $5473
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/SignatureDt02024-04-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Flying 20 Club Inc
ReturnHeader/Filer/BusinessNameControlTxt0FLYI
ReturnHeader/Filer/EIN0736501009
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1971
ReturnHeader/Filer/USAddress/CityNm0Springfield
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062705
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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/ReturnTs02024-04-23T05:34:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Thomas
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Swift
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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
2023Detailed filing. Detailed filing data is available for this year.$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
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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