Civic Intelligence

Nutmeg Soaring Association Inc

990EZ • Fiscal year 2014 • EIN 73-6503065

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 28, 2015

Organization Profilewww.nutmegsoaring.org
PO Box 353Freehold, NY 12431

(914) 674-9806

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

67th percentile

9.1%

Higher net margin than 67% of similar nonprofits.

2014 filings • 501(c)7 • <$500k nonprofits • Source year 2014

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

2014 filings • 501(c)7 • <$500k nonprofits • Source year 2014

Asset Growth

32nd percentile

-4.0%

Faster asset growth than 32% of similar nonprofits.

2014 filings • 501(c)7 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

15th percentile

-17%

Faster revenue growth than 15% of similar nonprofits.

2014 filings • 501(c)7 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$457,536

Down $19,162 (-4.0%) from 2013

Net Assets

Up

$457,536

Up $13,538 (+3.0%) from 2013

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin67th percentile

Revenue

Down

$49,801

Down $10,489 (-17%) from 2013

Expenses

Down

$45,277

Down $14,849 (-25%) from 2013

Net Income

Up

$4,524

Up $4,360 (+2659%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth32nd 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

2014

Assets$457,536
Liabilities-
Net Assets$457,536
Open 2014 Filing

Operations Trend

Revenue Growth15th 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

2014

Revenue$49,801
Expenses$45,277
Net Income$4,524
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 28, 2015
Return Version
2014v5.0
Gross Receipts
$49,801
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 Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER SCARPELLIPresident (Resigned)-$0--
KENDALL TOUSSAINTVice President (Resigned)-$0--
ROBERT PETTSecretaryPT$0--
LEN HERMANTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Nutmeg Soaring Association Inc
EIN
73-6503065
Phone
9146749806
Address
PO BOX 353, FREEHOLD, NY 12431

Signing Officer

Name
Len Herman
Title
Treasurer
Phone
9146749806
Signed
2015-04-28

Preparer

Firm
FRANK C SPENCER CPA CFP(r)
Address
73 OLD RIDGEFIELD RD, WILTON, CT 06897
Preparer
Frank Spencer CPA Cfpr
Phone
2037629175
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“Aviation fuel income 917. Fuel surcharge 322. Tie down income 2125. Tows 12665.”

Form 990EZ, Part I, Line 16

“Aviation fuel 8515. Loss/gain glider sales 6440. Fuel/oil 1943. Bad debt 50. Bank charges/misc. Expenses 2. Insurance 12051. Office supplies 625. Taxes 3650.”

Form 990EZ, Part I, Line 20

“Unrestricted net assets 9082. Other fund balance adjustments -68.”

Form 990EZ, Part II, Line 24

“Accounts receivable 5149. Other current assets 8945. Aircraft 191427. 145171. Aircraft trailers 4951. 4951. Equipmemt 67080. 67080. Fuel tank system 4309. 4309. Gazebo 4873. 4873. Hangar 10 27000. 27000. Freehold airport llc shares 120000. 120000. Other assets 811. Inventory 12082.”

Form 990EZ, Part II, Line 26

“GLIDER FUND LOAN 32700.”

Raw XML Appendix117 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/AddressLine1Txt0PO BOX 353
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FREEHOLD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd012431
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt042153
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt072070
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0359
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04524
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0685
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0476698
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0457536
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt049801
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt076
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt033337
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0443998
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0457536
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0443998
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0457536
IRS990EZ/OccupancyRentUtltsAndMaintAmt011316
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt28.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt38.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PETER SCARPELLI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KENDALL TOUSSAINT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT PETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LEN HERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT (RESIGNED)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT (RESIGNED)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0434545
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0385466
IRS990EZ/OtherChangesInNetAssetsAmt09014
IRS990EZ/OtherExpensesTotalAmt033276
IRS990EZ/OtherRevenueTotalAmt016029
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/BOYAmt032700
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt045277
IRS990EZ/TotalRevenueAmt049801
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.nutmegsoaring.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AVIATION FUEL INCOME 917. FUEL SURCHARGE 322. TIE DOWN INCOME 2125. TOWS 12665.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVIATION FUEL 8515. LOSS/GAIN GLIDER SALES 6440. FUEL/OIL 1943. BAD DEBT 50. BANK CHARGES/MISC. EXPENSES 2. INSURANCE 12051. OFFICE SUPPLIES 625. TAXES 3650.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNRESTRICTED NET ASSETS 9082. OTHER FUND BALANCE ADJUSTMENTS -68.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 5149. OTHER CURRENT ASSETS 8945. AIRCRAFT 191427. 145171. AIRCRAFT TRAILERS 4951. 4951. EQUIPMEMT 67080. 67080. FUEL TANK SYSTEM 4309. 4309. GAZEBO 4873. 4873. HANGAR 10 27000. 27000. FREEHOLD AIRPORT LLC SHARES 120000. 120000. OTHER ASSETS 811. INVENTORY 12082.
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/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LEN HERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09146749806
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NUTMEG SOARING ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NUTM
ReturnHeader/Filer/EIN0736503065
ReturnHeader/Filer/PhoneNum09146749806
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 353
ReturnHeader/Filer/USAddress/CityNm0FREEHOLD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012431
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRANK C SPENCER CPA CFP(r)
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt073 OLD RIDGEFIELD RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006897
ReturnHeader/PreparerPersonGrp/PhoneNum02037629175
ReturnHeader/PreparerPersonGrp/PreparationDt02015-04-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANK SPENCER CPA CFPR
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-04-28T14:17:33-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$457,536
Liabilities
-
Net assets
$457,536
Revenue
$49,801
Expenses
$45,277
Net income
$4,524
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