Civic Intelligence

Ov-10 Bronco Association Inc.

990 • Fiscal year 2019 • EIN 75-2774571

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 24, 2020

PO Box 161966Fort Worth, TX 76161-1966

(817) 346-2047

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

8th percentile

-38%

Higher net margin than 8% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

42nd percentile

$37,357

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 23.8% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

31st percentile

-1.9%

Faster asset growth than 31% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

23rd percentile

-9.0%

Faster revenue growth than 23% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,009,500

Down $19,946 (-1.9%) from 2018

Net Assets

Down

$1,009,192

Down $20,254 (-2.0%) from 2018

Liabilities

Up

$308

Up $308 from 2018

Revenue

Down

$156,794

Down $15,476 (-9.0%) from 2018

Expenses

Up

$215,788

Up $28,749 (+15%) from 2018

Net Income

Down

-$58,994

Down $44,225 (-299%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $91,987Liabilities 2011: $1,8802011Assets 2012: $151,038Liabilities 2012: $2,5612012Assets 2013: $192,293Liabilities 2013: $3,0772013Assets 2014: $264,478Liabilities 2014: -$22014Assets 2015: $1,043,141Liabilities 2015: $908Net Assets 2015: $1,042,2332015Assets 2016: $1,063,615Liabilities 2016: $1,351Net Assets 2016: $1,062,2642016Assets 2017: $1,051,759Liabilities 2017: $0Net Assets 2017: $1,051,7592017Assets 2018: $1,029,446Liabilities 2018: $0Net Assets 2018: $1,029,4462018Assets 2019: $1,009,500Liabilities 2019: $308Net Assets 2019: $1,009,1922019Assets 2020: $1,159,075Liabilities 2020: $92,308Net Assets 2020: $1,066,7672020Assets 2021: $1,372,752Liabilities 2021: $324,421Net Assets 2021: $1,048,3312021Assets 2022: $1,144,086Liabilities 2022: $322,390Net Assets 2022: $821,6962022Assets 2023: $1,079,238Liabilities 2023: $307,763Net Assets 2023: $771,4752023Assets 2024: $1,090,620Liabilities 2024: $275,488Net Assets 2024: $815,1322024

Highlighted filing

2019

Assets$1,009,500
Liabilities$308
Net Assets$1,009,192

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2011: $62,350Expenses 2011: $41,401Net Income 2011: $20,9492011Revenue 2012: $123,923Expenses 2012: $65,553Net Income 2012: $58,3702012Revenue 2013: $74,683Expenses 2013: $33,844Net Income 2013: $40,8392013Revenue 2014: $139,087Expenses 2014: $63,927Net Income 2014: $75,1602014Revenue 2015: $156,226Expenses 2015: $133,990Net Income 2015: $22,2362015Revenue 2016: $181,203Expenses 2016: $165,922Net Income 2016: $15,2812016Revenue 2017: $227,857Expenses 2017: $238,362Net Income 2017: -$10,5052017Revenue 2018: $172,270Expenses 2018: $187,039Net Income 2018: -$14,7692018Revenue 2019: $156,794Expenses 2019: $215,788Net Income 2019: -$58,9942019Revenue 2020: $222,801Expenses 2020: $267,429Net Income 2020: -$44,6282020Revenue 2021: $248,751Expenses 2021: $288,078Net Income 2021: -$39,3272021Revenue 2022: $210,036Expenses 2022: $419,847Net Income 2022: -$209,8112022Revenue 2023: $282,361Expenses 2023: $332,582Net Income 2023: -$50,2212023Revenue 2024: $382,724Expenses 2024: $339,067Net Income 2024: $43,6572024

Highlighted filing

2019

Revenue$156,794
Expenses$215,788
Net Income-$58,994
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 24, 2020
Return Version
2019v5.1
Gross Receipts
$164,060
Mission and Program Overview

Mission

Education and preservation of aviation history.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$127,996$133,748▲ $5,752
Land, Buildings, and Equipment, Net$119,852$93,516▼ $26,336
Cash and Non-Interest-Bearing Accounts$36,171$51,795▲ $15,624
Savings and Temporary Cash Investments$55,135$40,149▼ $14,986
Inventories for Sale or Use$2,500$2,500→ $0
Total Assets$1,029,446$1,009,500▼ $19,946
Other Assets Total$687,792$687,792→ $0
Liabilities
Other Liabilities-$308-
Total Liabilities$0$308▲ $308
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,001,140$938,843▼ $62,297
Net Assets With Donor Restrictions$28,306$70,349▲ $42,043
Total Net Assets Fund Balance$1,029,446$1,009,192▼ $20,254
Total Liabilities and Net Assets / Fund Balance$1,029,446$1,009,500▼ $19,946

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$48,310$11,401-
Equipment$45,206$145,517-
Other Assets Org$687,792--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brittany SpraginsDirector of OperationsFT$37,357$37,357

Board Members and Trustees

NameTitle
James HodgsonChairman
Bryan Doug HarmonDirector
Carlos FloresDirector
Drew MartinDirector
Gordon EvansDirector
Vincent D SaperoDirector
William MorrisDirector
Thomas KempTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$53,689
Program Service Revenue
$81,401
Investment Income
$14
Other Revenue
$21,690
All Other Contributions
$49,029
Change in Net Assets
$-58,994
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,129
Salaries, Compensation, and Employee Benefits$40,385
Grants and Similar Amounts Paid$274
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$37,505-$37,505
Office Expenses-$30,100-$30,100
Depreciation Depletion-$26,336-$26,336
Occupancy-$6,712-$6,712
Fees for Services Accounting-$6,000-$6,000
Other Expenses$47,225$3,917-$3,917
Insurance-$3,430-$3,430
All Other Expenses-$2,970-$2,970
Payroll Taxes-$2,880-$2,880
Fees for Services Other-$2,241-$2,241
Conferences and Meetings-$1,595-$1,595
Advertising-$1,070-$1,070
Grants to Domestic Orgs$274--$274
Total Functional Expenses$47,499$168,289$0$215,788
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$308
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Form 990 is reviewed by the Treasurer and Executive Director before the form is filed.

Conflict of interest policy compliance Part VI line 12C

Possible conflicts of interest are to be dealt with openly and resolved in favor of the public trust responsibilities of the organization. If anyone associated with the organization suspects any actual or possible conflicts of interest, they are to disclose the existence of any personal interest and relevant information to the Executive Director who will make a determination for the appropriate parties.

Governing documents etc available to public Part VI line 19

The organization makes its governing documents, conflict of interest policy and financial statements available upon request. In 2018 no such requests were received.

Filing and Contact Details

Filer

Filer Name
OV-10 Bronco Association
EIN
75-2774571
Address
PO Box 161966, Fort Worth, TX 76161-1966

Signing Officer

Name
James Hodgson
Title
Chairman
Phone
8172916101
Signed
2020-04-24
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
90

Preparer

Firm
Ann Hajek CPA PLLC
Address
6820 Woodstock Road, Fort Worth, TX 76116
Preparer
Ann Hajek CPA
Phone
8173136542
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Reclassification of revenue to restricted assets.

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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt013788
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt013394
IRS990/ProgSrvcAccomActy3Grp/Desc0Other program services includes JROTC tours, movie nights, and the Aviation STEM program.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt07503
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0643
IRS990/ProgSrvcAccomActyOtherGrp/Desc0First Flight Day Celebration commemorates the first powered flight in Fort Worth.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0443
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt075723
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0260
IRS990/PYInvestmentIncomeAmt020
IRS990/PYOtherExpensesAmt0147498
IRS990/PYOtherRevenueAmt018797
IRS990/PYProgramServiceRevenueAmt077730
IRS990/PYRevenuesLessExpensesAmt0-14769
IRS990/PYSalariesCompEmpBnftPaidAmt039281
IRS990/PYTotalExpensesAmt0187039
IRS990/PYTotalRevenueAmt0172270
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-58994
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt01650
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt038755
IRS990/SavingsAndTempCashInvstGrp/BOYAmt055135
IRS990/SavingsAndTempCashInvstGrp/EOYAmt040149
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt052734
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt046402
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt070676
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt092704
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt060053
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0322569
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt014
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt041
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0124
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt096836
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt089987
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0147856
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt090645
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt099808
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0525132
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt01650
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01600
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt011057
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt01500
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt01245
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt017052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt014
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt041
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0124
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt05752
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt012182
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt06810
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt06211
IRS990ScheduleA/OtherIncome509Grp/TotalAmt030955
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96530
IRS990ScheduleA/PublicSupportPY509Pct00.97150
IRS990ScheduleA/PublicSupportTotal509Amt0864753
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0151220
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0137989
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0229589
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0184849
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0161106
IRS990ScheduleA/Total509Grp/TotalAmt0864753
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0156986
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0150191
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0236440
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0191088
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0161127
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0895832
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt048310
IRS990ScheduleD/BuildingsGrp/DepreciationAmt011401
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt059711
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt045206
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0145517
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0190723
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0687792
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Collection
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0308
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Sales Tax Payable
IRS990ScheduleD/TotalBookValueLandBuildingsAmt093516
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0687792
IRS990ScheduleD/TotalLiabilityAmt0308
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by the Treasurer and Executive Director before the form is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Possible conflicts of interest are to be dealt with openly and resolved in favor of the public trust responsibilities of the organization. If anyone associated with the organization suspects any actual or possible conflicts of interest, they are to disclose the existence of any personal interest and relevant information to the Executive Director who will make a determination for the appropriate parties.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization makes its governing documents, conflict of interest policy and financial statements available upon request. In 2018 no such requests were received.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Reclassification of revenue to restricted assets.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01029446
IRS990/TotalAssetsEOYAmt01009500
IRS990/TotalAssetsGrp/BOYAmt01029446
IRS990/TotalAssetsGrp/EOYAmt01009500
IRS990/TotalCompGreaterThan150KInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.28$0.82$0.38$0.34$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.08$0.31$0.77$0.28$0.33$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.32$0.82$0.21$0.42$0.21
2021Detailed filing. Detailed filing data is available for this year.$1.37$0.32$1.05$0.25$0.29$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.16$0.09$1.07$0.22$0.27$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.16$0.22$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.17$0.19$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.23$0.24$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.18$0.17$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.16$0.13$0.02
2014Summary only. Only limited summary data is available for this year.$0.26$0.00$0.14$0.06$0.08
2013Summary only. Only limited summary data is available for this year.$0.19$0.00$0.07$0.03$0.04
2012Summary only. Only limited summary data is available for this year.$0.15$0.00$0.12$0.07$0.06
2011Summary only. Only limited summary data is available for this year.$0.09$0.00$0.06$0.04$0.02