Civic Intelligence

Fault Line Flyers Inc

990EZ • Fiscal year 2023 • EIN 74-2526800

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 09, 2024

Organization ProfileN/A
PO Box 1428Leander, TX 78646

(512) 923-2755

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% 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

90th percentile

32%

Higher net margin than 90% 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

69th percentile

9.5%

Faster asset growth than 69% of similar nonprofits.

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

Revenue Growth

90th percentile

56%

Faster revenue growth than 90% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$430,248

Up $37,233 (+9.5%) from 2022

Net Assets

Up

$426,324

Up $37,233 (+9.6%) from 2022

Liabilities

Flat

$3,924

Flat from 2022

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin90th percentile

Revenue

Up

$121,494

Up $43,850 (+56%) from 2022

Expenses

Up

$82,944

Up $14,657 (+21%) from 2022

Net Income

Up

$38,550

Up $29,193 (+312%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$600K$400K$200K$0Assets 2011: $232,163Liabilities 2011: $68,9782011Assets 2012: $262,327Liabilities 2012: $72,9632012Assets 2013: $263,752Liabilities 2013: $73,4292013Assets 2014: $281,264Liabilities 2014: $75,8232014Assets 2015: $263,769Liabilities 2015: $80,9152015Assets 2016: $293,642Liabilities 2016: $02016Assets 2017: $324,721Liabilities 2017: $12,0612017Assets 2018: $338,314Liabilities 2018: $3,5232018Assets 2019: $354,600Liabilities 2019: $13,9762019Assets 2020: $373,366Liabilities 2020: $12,8712020Assets 2021: $372,509Liabilities 2021: $2,125Net Assets 2021: $370,3842021Assets 2022: $393,015Liabilities 2022: $3,924Net Assets 2022: $389,0912022Assets 2023: $430,248Liabilities 2023: $3,924Net Assets 2023: $426,3242023Assets 2024: $428,065Liabilities 2024: $0Net Assets 2024: $428,0652024

Highlighted filing

2023

Assets$430,248
Liabilities$3,924
Net Assets$426,324
Open 2023 Filing

Operations Trend

Revenue Growth90th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $76,336Expenses 2011: $72,626Net Income 2011: $3,7102011Revenue 2012: $80,479Expenses 2012: $54,301Net Income 2012: $26,1782012Revenue 2013: $60,259Expenses 2013: $59,300Net Income 2013: $9592013Revenue 2014: $64,424Expenses 2014: $49,305Net Income 2014: $15,1192014Revenue 2015: $62,629Expenses 2015: $85,216Net Income 2015: -$22,5872015Revenue 2016: $69,056Expenses 2016: $38,563Net Income 2016: $30,4932016Revenue 2017: $68,865Expenses 2017: $50,553Net Income 2017: $18,3122017Revenue 2018: $74,326Expenses 2018: $56,463Net Income 2018: $17,8632018Revenue 2019: $72,085Expenses 2019: $72,891Net Income 2019: -$8062019Revenue 2020: $63,352Expenses 2020: $45,698Net Income 2020: $17,6542020Revenue 2021: $65,018Expenses 2021: $61,379Net Income 2021: $3,6392021Revenue 2022: $77,644Expenses 2022: $68,287Net Income 2022: $9,3572022Revenue 2023: $121,494Expenses 2023: $82,944Net Income 2023: $38,5502023Revenue 2024: $84,259Expenses 2024: $84,073Net Income 2024: $1862024

Highlighted filing

2023

Revenue$121,494
Expenses$82,944
Net Income$38,550
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 9, 2024
Return Version
2023v5.1
Gross Receipts
$121,494
Mission and Program Overview

Mission

We are the Fault Line Flyers - a glider club with members from the Central Texas (Austin) area. Our goal is to promote, educate and encourage participation in the sport of soaring. We are a not-for-profit corporation and a local chapter of the Soaring Society of America.

We are the Fault Line Flyers a glider club with member

Program Services

DescriptionGrantsExpenses
Gliding-$81,519
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GREG AARONPresident-$0--
ANDRE DEBAGHYVice President-$0--
PETER JARVISTreasurer-$0--
CHARLEY HILLSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Fault Line Flyers Inc
EIN
74-2526800
In Care Of
% Peter Jarvis
Phone
5129232755
Address
PO Box 1428, Leander, TX 78646

Signing Officer

Name
Peter Jarvis
Title
Baord Member
Phone
5129633640
Signed
2024-09-09
Discuss with paid preparer
No

Preparer

Firm
BFG Tax Help
Address
2011 N Collins Blvd, Suite 711, Richardson, TX 75080
Preparer
Patrick Parham
Phone
4698294357
Supplemental Narrative

Additional Explanations

Part I Line 8

“Merchandise $8.00”

Part I Line 16

“Other office expenses $2894.00”

Part I Line 16

“Insurance $16204.00”

Part I Line 16

“Aircraft Expense $19740.00”

Part I Line 16

“Repairs $40321.00”

Part I Line 16

“Supplies $1651.00”

Part I Line 16

“Professional Fees $1200.00”

Part I Line 16

“SSA Dues Expense $60.00”

Part I Line 16

“Auto Expense $133.00”

Part I Line 16

“Production Meal $165.00”

Part I Line 16

“Training Expense $300.00”

Part II Line 24

“Accounts receivable, net. Beginning:$15031.00 Ending: $13719.00”

Part II Line 24

“Inventories for sale or use. Beginning:$120.00 Ending: $120.00”

Part II Line 26

“Accounts payable and accrued expenses. Beginning:$3924.00 Ending: $3924.00”

Raw XML Appendix146 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0PETER JARVIS
IRS990EZ/BooksInCareOfDetail/PhoneNum05129232755
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 1428
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Leander
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd078646
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt081527
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0114050
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt052605
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt038550
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/GrossReceiptsAmt0121494
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt0296337
IRS990EZ/LandAndBuildingsGrp/EOYAmt0302359
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt040886
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0389091
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0427641
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0389091
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0426324
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GREG AARON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANDRE DEBAGHY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PETER JARVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHARLEY HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt015151
IRS990EZ/OtherAssetsTotalDetail/EOYAmt013839
IRS990EZ/OtherExpensesTotalAmt082668
IRS990EZ/OtherRevenueTotalAmt08
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0We are the Fault Line Flyers a glider club with member
IRS990EZ/PrintingPublicationsPostageAmt0276
IRS990EZ/ProgramServiceRevenueAmt027995
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Gliding
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt081519
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03924
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03924
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt082944
IRS990EZ/TotalProgramServiceExpensesAmt081519
IRS990EZ/TotalRevenueAmt0121494
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Merchandise $8.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other office expenses $2894.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $16204.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Aircraft Expense $19740.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Repairs $40321.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Supplies $1651.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Professional Fees $1200.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SSA Dues Expense $60.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Auto Expense $133.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Production Meal $165.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Training Expense $300.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Accounts receivable, net. Beginning:$15031.00 Ending: $13719.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Inventories for sale or use. Beginning:$120.00 Ending: $120.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Accounts payable and accrued expenses. Beginning:$3924.00 Ending: $3924.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Part II Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Part II Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Part II Line 26
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER JARVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Baord Member
ReturnHeader/BusinessOfficerGrp/PhoneNum05129633640
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Fault Line Flyers Inc
ReturnHeader/Filer/BusinessNameControlTxt0FAUL
ReturnHeader/Filer/EIN0742526800
ReturnHeader/Filer/InCareOfNm0% Peter Jarvis
ReturnHeader/Filer/PhoneNum05129232755
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1428
ReturnHeader/Filer/USAddress/CityNm0Leander
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078646
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0812702282
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BFG Tax Help
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02011 N Collins Blvd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0Suite 711
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Richardson
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075080
ReturnHeader/PreparerPersonGrp/PhoneNum04698294357
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICK PARHAM
ReturnHeader/ReturnTs02024-09-09T10:18:06-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$430,248
Liabilities
$3,924
Net assets
$426,324
Revenue
$121,494
Expenses
$82,944
Net income
$38,550
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.28$0.00$4.28$0.84$0.84$0.00
2023Detailed filing. Detailed filing data is available for this year.$4.30$0.04$4.26$1.21$0.83$0.39
2022Detailed filing. Detailed filing data is available for this year.$3.93$0.04$3.89$0.78$0.68$0.09
2021Detailed filing. Detailed filing data is available for this year.$3.73$0.02$3.70$0.65$0.61$0.04
2020Summary only. Only limited summary data is available for this year.$3.73$0.13$0.63$0.46$0.18
2019Summary only. Only limited summary data is available for this year.$3.55$0.14$0.72$0.73$0.01
2018Summary only. Only limited summary data is available for this year.$3.38$0.04$0.74$0.56$0.18
2017Summary only. Only limited summary data is available for this year.$3.25$0.12$0.69$0.51$0.18
2016Summary only. Only limited summary data is available for this year.$2.94$0.00$0.69$0.39$0.30
2015Summary only. Only limited summary data is available for this year.$2.64$0.81$0.63$0.85$0.23
2014Summary only. Only limited summary data is available for this year.$2.81$0.76$0.64$0.49$0.15
2013Summary only. Only limited summary data is available for this year.$2.64$0.73$0.60$0.59$0.01
2012Summary only. Only limited summary data is available for this year.$2.62$0.73$0.80$0.54$0.26
2011Summary only. Only limited summary data is available for this year.$2.32$0.69$0.76$0.73$0.04