Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
71st percentile
Higher debt load relative to revenue than 71% of similar nonprofits.
Net Margin
70th percentile
Higher net margin than 70% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
62nd percentile
Faster asset growth than 62% of similar nonprofits.
Revenue Growth
59th percentile
Faster revenue growth than 59% of similar nonprofits.
Balance Sheet
Assets
Up$393,015
Up $20,506 (+5.5%) from 2021
Net Assets
Up$389,091
Up $18,707 (+5.1%) from 2021
Liabilities
Up$3,924
Up $1,799 (+85%) from 2021
Revenue And Expenses
Revenue
Up$77,644
Up $12,626 (+19%) from 2021
Expenses
Up$68,287
Up $6,908 (+11%) from 2021
Net Income
Up$9,357
Up $5,718 (+157%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 14, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $77,644
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.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Provide training for student pilots; Educate the public by distributing literature, making presentations, and providing demonstration rides to encourage participation in the sport of gliding. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Greg Aaron | President | - | $0 | - | - |
| Peter Jarvis | Treasurer | - | $0 | - | - |
| Andre DeBaghy | Vice President | - | $0 | - | - |
| Kip Harris | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Fault Line Flyers Inc
- EIN
- 74-2526800
- Phone
- 5129232755
- Address
- PO Box 1428, Leander, TX 78646
Signing Officer
- Name
- Peter Jarvis
- Title
- Treasurer
- Signed
- 2023-11-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Elizabeth Janette Smith CPA PC
- Address
- 717 West Main St, MIDLOTHIAN, TX 76065
- Preparer
- Elizabeth J Smith CPA
- Phone
- 9727231711
Supplemental Narrative
Additional Explanations
Other Expenses.1009
“Depreciation $2511”
Other Expenses.1012
“Insurance $11241”
Other Expenses.1
“Aircraft Expenses $22323”
Other Expenses.2
“SSA Dues Expense $5248”
Other Expenses.3
“Repairs & Maintenance $888”
Other Expenses.4
“Supplies $633”
Other Expenses.5
“Meetings $300”
Other Assets.1
“Accounts Receivable - Beginning $10205 Accounts Receivable - Ending $15031”
Other Assets.2
“Inventory - Beginning $120 Inventory - Ending $120”
Other Assets.3
“Aircraft - Beginning $125235 Aircraft - Ending $125235”
Other Assets.4
“Equipment - Beginning $37274 Equipment - Ending $37274”
Other Assets.5
“Accumulated Depreciation - Beginning $-47479 Accumulated Depreciation - Ending $-49990”
Total Liabilities.1
“Accounts Payable - Beginning $2125 Accounts Payable - Ending $3924”
Raw XML Appendix144 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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Peter Jarvis |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5129633640 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 11503 Bell Avenue |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Austin |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78759 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 63336 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 81527 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 9357 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1233 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 372509 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 393015 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 77644 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 183818 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 183818 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 41968 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 370384 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 389091 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 370384 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 389091 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 23650 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Greg Aaron |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Peter Jarvis |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Andre DeBaghy |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Kip Harris |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 125355 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 127670 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 9350 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 43144 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 260 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 35676 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Provide training for student pilots; Educate the public by distributing literature, making presentations, and providing demonstration rides to encourage participation in the sport of gliding. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2125 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3924 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 68287 |
| IRS990EZ/TotalRevenueAmt | 0 | 77644 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Depreciation $2511 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Insurance $11241 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Aircraft Expenses $22323 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | SSA Dues Expense $5248 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Repairs & Maintenance $888 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Supplies $633 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Meetings $300 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Accounts Receivable - Beginning $10205 Accounts Receivable - Ending $15031 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Inventory - Beginning $120 Inventory - Ending $120 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Aircraft - Beginning $125235 Aircraft - Ending $125235 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Equipment - Beginning $37274 Equipment - Ending $37274 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Accumulated Depreciation - Beginning $-47479 Accumulated Depreciation - Ending $-49990 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Accounts Payable - Beginning $2125 Accounts Payable - Ending $3924 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Assets.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Assets.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Assets.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Total Liabilities.1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Peter Jarvis |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Fault Line Flyers Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FAUL |
| ReturnHeader/Filer/EIN | 0 | 742526800 |
| 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 | 460978605 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Elizabeth Janette Smith CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 717 West Main St |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MIDLOTHIAN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 76065 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9727231711 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Elizabeth J Smith CPA |
| ReturnHeader/ReturnTs | 0 | 2023-11-14T07:59:44-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Peter |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Jarvis |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $393,015
- Liabilities
- $3,924
- Net assets
- $389,091
- Revenue
- $77,644
- Expenses
- $68,287
- Net income
- $9,357