Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Faa Flying Club Inc
990EZ • Fiscal year 2020 • EIN 73-6506253
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.53x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
87th percentile
Higher net margin than 87% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Up$169,637
Up $151,657 (+843%) from 2011
Net Assets
$79,023
No earlier filing loaded for comparison.
Liabilities
Up$90,614
Up $74,679 (+469%) from 2011
Revenue And Expenses
Revenue
Up$126,320
Up $96,812 (+328%) from 2011
Expenses
Up$89,786
Up $69,274 (+338%) from 2011
Net Income
Up$36,534
Up $27,538 (+306%) from 2011
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- May 1, 2019 to Apr 30, 2020
- Signed
- Jul 25, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $126,320
Mission and Program Overview
Mission
The FAA Flying Club is a Virginia non-stock not-for-profit corporation (herein the "Club") established to stimulate and encourage interest in aviation, to advance the knowledge of members in aviation and aviation-related subjects, to sustain and improve the proficiency of members in flying, to provide an opportunity for members to fly aircraft economically, to provide an environment which affords recreational and social advantages within the aviation community and to do all of the things necessary in the operation of the Club to accomplish its principal objectives.
To promote general aviation safety and provide an affordable means for pilots to engage in recreational flying.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Our club has grown to 29 members which is nearly twice the number of the previous year. We have purchased an additional aircraft for our members to use and have upgraded our equipment to enhance capability and safety. We conducted several benefit flights this last year to benefit public awareness of general aviation's role in the community such as our "young eagle" flights to spur the interest of our youth in pursuing aviation related careers. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Douglas Yurovich | President | - | $0 | - | - |
| Thomas Shalhoub | Treasurer / Safety Officer / Chief Flight Instructor | PT | $0 | - | - |
| Daniel Botzer | Maintenance Officer | - | $0 | - | - |
| Michael Atherton | Vice President / Membership Officer | - | $0 | - | - |
| Sergio Nirenberg | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Faa Flying Club Inc
- EIN
- 73-6506253
- Phone
- 7602015876
- Address
- 6802 Sue Page Court, Springfield, VA 22152
Signing Officer
- Name
- Thomas Shalhoub
- Title
- Treasurer
- Phone
- 7602015876
- Signed
- 2020-07-25
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16
“Description;Amount^Aircraft Insurance;7801|Aircraft Fuel and Oil;31784|GPS Database subscription;1003|Flight time credit to members;6017|Aircraft deice and preheat service;490|bank service charges;160|internet expenses;162|N9397W Aircraft Loan payments;9751|N75382 Avionics Loan payments;4529|aircraftclubscom subscription;504^Total;62201^”
Form 990-EZ, Part II, Line 24
“Description;EOY Amount^N75382 Aircraft;35000|N9397W Aircraft;83000^Total;118000^”
Form 990-EZ, Part II, Line 26
“Description;EOY Amount^N9397W Aircraft Loan Balance;51262|N75382 Avionics Loan Balance;6182|N9397W Secondary Loan Balance;33170^Total;90614^”
Raw XML Appendix131 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Thomas Shalhoub |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7602015876 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6802 Sue Paige Court |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Springfield |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 22152 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 17780 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 51637 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 0 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 36534 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 0 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 52780 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 169637 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 126320 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 17200 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 42489 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 79023 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 42489 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 79023 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 27521 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 4 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 3 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Douglas Yurovich |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Thomas Shalhoub |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Daniel Botzer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Michael Atherton |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Sergio Nirenberg |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer / Safety Officer / Chief Flight Instructor |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Maintenance Officer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Vice President / Membership Officer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 35000 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 118000 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 62201 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 0 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To promote general aviation safety and provide an affordable means for pilots to engage in recreational flying. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 64 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 109120 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Our club has grown to 29 members which is nearly twice the number of the previous year. We have purchased an additional aircraft for our members to use and have upgraded our equipment to enhance capability and safety. We conducted several benefit flights this last year to benefit public awareness of general aviation's role in the community such as our "young eagle" flights to spur the interest of our youth in pursuing aviation related careers. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 10291 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 90614 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 89786 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 126320 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.faaflyingclub.org |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description;Amount^Aircraft Insurance;7801|Aircraft Fuel and Oil;31784|GPS Database subscription;1003|Flight time credit to members;6017|Aircraft deice and preheat service;490|bank service charges;160|internet expenses;162|N9397W Aircraft Loan payments;9751|N75382 Avionics Loan payments;4529|aircraftclubscom subscription;504^Total;62201^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description;EOY Amount^N75382 Aircraft;35000|N9397W Aircraft;83000^Total;118000^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description;EOY Amount^N9397W Aircraft Loan Balance;51262|N75382 Avionics Loan Balance;6182|N9397W Secondary Loan Balance;33170^Total;90614^ |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2022-01-07 14:23:13Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Thomas Shalhoub |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7602015876 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-07-25 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FAA FLYING CLUB INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FAAF |
| ReturnHeader/Filer/EIN | 0 | 736506253 |
| ReturnHeader/Filer/PhoneNum | 0 | 7602015876 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 6802 Sue Page Court |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Springfield |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 22152 |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 68.100.129.179 |
| ReturnHeader/ReturnTs | 0 | 2020-07-25T15:10:22-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-05-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-04-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $169,637
- Liabilities
- $90,614
- Net assets
- $79,023
- Revenue
- $126,320
- Expenses
- $89,786
- Net income
- $36,534