Liabilities / Assets
57th percentile
Tied with the lowest-debt nonprofits in its peer group.
Faultline Flyers Inc
EIN 74-2526800 • 501(c)7 • Leander, TX
Profile
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.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
45th percentile
Higher net margin than 45% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
46th percentile
Faster asset growth than 46% of similar nonprofits.
Revenue Growth
12th percentile
Faster revenue growth than 12% of similar nonprofits.
Balance Sheet
Assets
Down$428,065
Down $2,183 (-0.5%) from 2023
Liabilities
Down$0
Down $3,924 (-100%) from 2023
Net Assets
Up$428,065
Up $424 (+0.1%) from 2023
Revenue
Down$84,259
Down $37,235 (-31%) from 2023
Expenses
Up$84,073
Up $1,129 (+1.4%) from 2023
Net Income
Down$186
Down $38,364 (-100%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $428,065
- Liabilities
- $0
- Net assets
- $428,065
- Revenue
- $84,259
- Expenses
- $84,073
- Net income
- $186
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 17, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $84,259
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.
Promote, educate, and encourage participation in soarin
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Gliding | - | $49,152 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| BINS ELY | President | - | $0 | - | - |
| INGO KUENZEL | Vice President | - | $0 | - | - |
| KIP HARRIS | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Fault Line Flyers Inc
- EIN
- 74-2526800
- In Care Of
- % Kip Harris
- Phone
- 5129232755
- Address
- PO Box 1428, Leander, TX 78646
Signing Officer
- Name
- Kip Harris
- Title
- Treasurer
- Phone
- 5129633640
- Signed
- 2025-11-17
- 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 $66.00”
Part I Line 8
“All other revenue $20.00”
Part I Line 16
“Other office expenses $1477.00”
Part I Line 16
“Information technology $1925.00”
Part I Line 16
“Insurance $14433.00”
Part I Line 16
“Aircraft Expense $23469.00”
Part I Line 16
“Repairs $5313.00”
Part I Line 16
“Taxes $16982.00”
Part I Line 16
“SSA Dues Expense $5171.00”
Part I Line 16
“Non Aviation Fuel $182.00”
Part I Line 16
“Training Expense $300.00”
Part I Line 16
“Construction Expense $13061.00”
Part II Line 24
“Accounts receivable, net. Beginning:$13719.00 Ending: $4850.00”
Part II Line 24
“Inventories for sale or use. Beginning:$120.00 Ending: $0.00”
Part II Line 26
“Accounts payable and accrued expenses. Beginning:$3924.00 Ending: $0.00”
Raw XML Appendix135 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.
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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | KIP HARRIS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5122944731 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO Box 1428 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Leander |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78646 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 114050 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 124325 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 1957 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 186 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1476 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 430248 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 428065 |
| IRS990EZ/GrossReceiptsAmt | 0 | 84259 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 275 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 302359 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 298890 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 38317 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 426324 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 426510 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 426324 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 428065 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | BINS ELY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | INGO KUENZEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KIP HARRIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 13839 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4850 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 82313 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 86 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Promote, educate, and encourage participation in soarin |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 284 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 43624 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Gliding |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 49152 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3924 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 84073 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 49152 |
| IRS990EZ/TotalRevenueAmt | 0 | 84259 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Merchandise $66.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | All other revenue $20.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Other office expenses $1477.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Information technology $1925.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Insurance $14433.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Aircraft Expense $23469.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Repairs $5313.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Taxes $16982.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | SSA Dues Expense $5171.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Non Aviation Fuel $182.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Training Expense $300.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Construction Expense $13061.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Accounts receivable, net. Beginning:$13719.00 Ending: $4850.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Inventories for sale or use. Beginning:$120.00 Ending: $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Accounts payable and accrued expenses. Beginning:$3924.00 Ending: $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Part II Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Part II Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Part II Line 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KIP HARRIS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5129633640 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Fault Line Flyers Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FAUL |
| ReturnHeader/Filer/EIN | 0 | 742526800 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Kip Harris |
| ReturnHeader/Filer/PhoneNum | 0 | 5129232755 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 1428 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Leander |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 78646 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 812702282 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BFG Tax Help |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2011 N Collins Blvd |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt | 0 | Suite 711 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Richardson |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 75080 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4698294357 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | PATRICK PARHAM |
| ReturnHeader/ReturnTs | 0 | 2025-11-17T13:25:52-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.