Civic Intelligence

Nutmeg Soaring Association Inc

990EZ • Fiscal year 2013 • EIN 73-6503065

Jan 01, 2013 to Dec 31, 2013 • Filed on May 13, 2014

Organization Profilewww.nutmegsoaring.org
PO Box 35312431

(914) 674-9806

Siviq Scores

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

Liabilities / Assets

69th percentile

0.07x

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

2013 filings • 501(c)7 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

86th percentile

0.54x

Higher debt load relative to revenue than 86% of similar nonprofits.

2013 filings • 501(c)7 • <$500k nonprofits • Source year 2013

Net Margin

41st percentile

0.3%

Higher net margin than 41% of similar nonprofits.

2013 filings • 501(c)7 • <$500k nonprofits • Source year 2013

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

2013 filings • 501(c)7 • <$500k nonprofits • Source year 2013

Asset Growth

68th percentile

9.1%

Faster asset growth than 68% of similar nonprofits.

2013 filings • 501(c)7 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

10th percentile

-24%

Faster revenue growth than 10% of similar nonprofits.

2013 filings • 501(c)7 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$476,698

Up $39,728 (+9.1%) from 2012

Net Assets

$443,998

No earlier filing loaded for comparison.

Liabilities

Up

$32,700

Up $29,080 (+803%) from 2012

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin41st percentile

Revenue

Down

$60,290

Down $19,354 (-24%) from 2012

Expenses

Down

$60,126

Down $16,119 (-21%) from 2012

Net Income

Down

$164

Down $3,235 (-95%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$600K$400K$200K$0Assets 2011: $453,618Liabilities 2011: $24,8502011Assets 2012: $436,970Liabilities 2012: $3,6202012Assets 2013: $476,698Liabilities 2013: $32,700Net Assets 2013: $443,9982013Assets 2014: $457,536Net Assets 2014: $457,5362014Assets 2015: $505,095Liabilities 2015: $1,628Net Assets 2015: $503,4672015Assets 2016: $538,921Liabilities 2016: $400Net Assets 2016: $538,5212016Assets 2017: $549,870Liabilities 2017: $1,178Net Assets 2017: $548,6922017Assets 2018: $560,717Liabilities 2018: $1,186Net Assets 2018: $559,5312018Assets 2019: $534,501Liabilities 2019: $535Net Assets 2019: $533,9662019Assets 2020: $537,020Liabilities 2020: $1,031Net Assets 2020: $535,9892020Assets 2021: $540,808Liabilities 2021: $2,263Net Assets 2021: $538,5452021Assets 2022: $547,025Liabilities 2022: $2,137Net Assets 2022: $544,8882022Assets 2023: $553,033Liabilities 2023: $1,753Net Assets 2023: $551,2802023Assets 2024: $558,187Liabilities 2024: $656Net Assets 2024: $557,5312024Assets 2025: $581,375Liabilities 2025: $1,578Net Assets 2025: $579,7972025

Highlighted filing

2013

Assets$476,698
Liabilities$32,700
Net Assets$443,998
Open 2013 Filing

Operations Trend

Revenue Growth10th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $138,762Expenses 2011: $81,629Net Income 2011: $57,1332011Revenue 2012: $79,644Expenses 2012: $76,245Net Income 2012: $3,3992012Revenue 2013: $60,290Expenses 2013: $60,126Net Income 2013: $1642013Revenue 2014: $49,801Expenses 2014: $45,277Net Income 2014: $4,5242014Revenue 2015: $75,317Expenses 2015: $29,059Net Income 2015: $46,2582015Revenue 2016: $68,886Expenses 2016: $32,360Net Income 2016: $36,5262016Revenue 2017: $46,663Expenses 2017: $36,251Net Income 2017: $10,4122017Revenue 2018: $48,307Expenses 2018: $38,490Net Income 2018: $9,8172018Revenue 2019: $50,171Expenses 2019: $43,088Net Income 2019: $7,0832019Revenue 2020: $38,660Expenses 2020: $36,936Net Income 2020: $1,7242020Revenue 2021: $43,680Expenses 2021: $41,124Net Income 2021: $2,5562021Revenue 2022: $57,512Expenses 2022: $49,146Net Income 2022: $8,3662022Revenue 2023: $49,537Expenses 2023: $93,095Net Income 2023: -$43,5582023Revenue 2024: $60,056Expenses 2024: $53,599Net Income 2024: $6,4572024Revenue 2025: $63,312Expenses 2025: $40,867Net Income 2025: $22,4452025

Highlighted filing

2013

Revenue$60,290
Expenses$60,126
Net Income$164
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 13, 2014
Return Version
2013v3.1
Gross Receipts
$60,290
Mission and Program Overview

Mission

To promote the sport of soaring. Provide opportunity for the members to participate in the sport of soaring

To promote the sport of soaring

Program Services

DescriptionGrantsExpenses
OPPORTUNITY FOR THE MEMBERS TO PARTICIPATE IN THE SPORT OF SOARING--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER SCARPELLIPresidentPT$0--
KENDALL TOUSSAINTVice Pres.PT$0--
ROBERT PETTSecretaryPT$0--
LEN HERMANTreasurerPT$0--
BOB WARDPast PresidentPT$0--
Filing and Contact Details

Filer

EIN
73-6503065
Phone
9146749806

Signing Officer

Name
Len Herman
Title
Treasurer
Phone
9146749806
Signed
2014-05-13

Preparer

Preparer
Frank Spencer CPA Cfpr
Phone
2037629175
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“Aviation fuel income 8629. Fuel surcharge 220. Hangar rent 450. Tie down income 1380. Tows 15867.”

Form 990EZ, Part I, Line 16

“Aviation fuel 15123. Donation 200. Fuel/oil 1629. Bad debt 30. Bank charges/misc. Expenses 179. Insurance 16740. Office supplies 425. Taxes 3468.”

Form 990EZ, Part I, Line 20

“Prior period change/adjustment to net asset/fund balance 10484.”

Form 990EZ, Part II, Line 24

“Accounts receivable 5149. Other current assets 8945. Aircraft 191427. Aircraft trailers 4951. Equipmemt 67080. Fuel tank system 4309. Gazebo 4873. Hangar 10 27000. Freehold airport llc shares 120000. Other assets 811.”

Form 990EZ, Part II, Line 26

“GLIDER FUND LOAN 32700.”

Raw XML Appendix122 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/PersonNm0LEN HERMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum09146749806
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine10PO BOX 353
IRS990EZ/BooksInCareOfDetail/USAddress/City0FREEHOLD
IRS990EZ/BooksInCareOfDetail/USAddress/State0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode012431
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt037724
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt042153
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt03272
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0164
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0685
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0436970
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0476698
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt060290
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0142
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt030330
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0433350
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0443998
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0433350
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0443998
IRS990EZ/OccupancyRentUtltsAndMaintAmt021647
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt08.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt18.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt28.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt38.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt48.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PETER SCARPELLI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KENDALL TOUSSAINT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT PETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LEN HERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BOB WARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRES.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PAST PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0399246
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0434545
IRS990EZ/OtherChangesInNetAssetsAmt010484
IRS990EZ/OtherExpensesTotalAmt037794
IRS990EZ/OtherRevenueTotalAmt026546
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE SPORT OF SOARING
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OPPORTUNITY FOR THE MEMBERS TO PARTICIPATE IN THE SPORT OF SOARING
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03620
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt032700
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt060126
IRS990EZ/TotalRevenueAmt060290
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.nutmegsoaring.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AVIATION FUEL INCOME 8629. FUEL SURCHARGE 220. HANGAR RENT 450. TIE DOWN INCOME 1380. TOWS 15867.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVIATION FUEL 15123. DONATION 200. FUEL/OIL 1629. BAD DEBT 30. BANK CHARGES/MISC. EXPENSES 179. INSURANCE 16740. OFFICE SUPPLIES 425. TAXES 3468.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD CHANGE/ADJUSTMENT TO NET ASSET/FUND BALANCE 10484.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 5149. OTHER CURRENT ASSETS 8945. AIRCRAFT 191427. AIRCRAFT TRAILERS 4951. EQUIPMEMT 67080. FUEL TANK SYSTEM 4309. GAZEBO 4873. HANGAR 10 27000. FREEHOLD AIRPORT LLC SHARES 120000. OTHER ASSETS 811.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GLIDER FUND LOAN 32700.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LEN HERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09146749806
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine10NUTMEG SOARING ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NUTM
ReturnHeader/Filer/EIN0736503065
ReturnHeader/Filer/PhoneNum09146749806
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 353
ReturnHeader/Filer/USAddress/City0FREEHOLD
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode012431
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10FRANK C SPENCER CPA CFP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1073 OLD RIDGEFIELD RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0WILTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode006897
ReturnHeader/PreparerPersonGrp/PhoneNum02037629175
ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANK SPENCER CPA CFPR
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-05-13T13:19:56-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$476,698
Liabilities
$32,700
Net assets
$443,998
Revenue
$60,290
Expenses
$60,126
Net income
$164
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.81$0.02$5.80$0.63$0.41$0.22
2024Detailed filing. Detailed filing data is available for this year.$5.58$0.01$5.58$0.60$0.54$0.06
2023Detailed filing. Detailed filing data is available for this year.$5.53$0.02$5.51$0.50$0.93$0.44
2022Detailed filing. Detailed filing data is available for this year.$5.47$0.02$5.45$0.58$0.49$0.08
2021Detailed filing. Detailed filing data is available for this year.$5.41$0.02$5.39$0.44$0.41$0.03
2020Detailed filing. Detailed filing data is available for this year.$5.37$0.01$5.36$0.39$0.37$0.02
2019Detailed filing. Detailed filing data is available for this year.$5.35$0.01$5.34$0.50$0.43$0.07
2018Detailed filing. Detailed filing data is available for this year.$5.61$0.01$5.60$0.48$0.38$0.10
2017Detailed filing. Detailed filing data is available for this year.$5.50$0.01$5.49$0.47$0.36$0.10
2016Detailed filing. Detailed filing data is available for this year.$5.39$0.00$5.39$0.69$0.32$0.37
2015Detailed filing. Detailed filing data is available for this year.$5.05$0.02$5.03$0.75$0.29$0.46
2014Detailed filing. Detailed filing data is available for this year.$4.58$4.58$0.50$0.45$0.05
2013Detailed filing. Detailed filing data is available for this year.$4.77$0.33$4.44$0.60$0.60$0.00
2012Summary only. Only limited summary data is available for this year.$4.37$0.04$0.80$0.76$0.03
2011Summary only. Only limited summary data is available for this year.$4.54$0.25$1.39$0.82$0.57
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)7 • <$500k nonprofits