Civic Intelligence

Cavanaugh Flight Museum

990 • Fiscal year 2018 • EIN 75-3088417

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

4572 Claire Chennault DrAddison, TX 75001

(972) 380-8800

Siviq Scores

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

Liabilities / Assets

29th percentile

0.02x

Higher debt load relative to assets than 29% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

30th percentile

0.03x

Higher debt load relative to revenue than 30% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

31st percentile

-3.1%

Higher net margin than 31% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

62nd percentile

$87,255

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

27th percentile

-4.2%

Faster asset growth than 27% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

21st percentile

-11%

Faster revenue growth than 21% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$3,569,244

Down $156,190 (-4.2%) from 2017

Net Assets

Down

$3,514,158

Down $59,100 (-1.7%) from 2017

Liabilities

Down

$55,086

Down $97,090 (-64%) from 2017

Revenue

Down

$2,020,754

Down $239,000 (-11%) from 2017

Expenses

Down

$2,082,616

Down $232,608 (-10%) from 2017

Net Income

Down

-$61,862

Down $6,392 (-12%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,029,234Liabilities 2010: $221,940Net Assets 2010: $3,807,2942010Assets 2011: $4,147,430Liabilities 2011: $260,799Net Assets 2011: $3,886,6312011Assets 2012: $4,417,562Liabilities 2012: $209,964Net Assets 2012: $4,207,5982012Assets 2013: $4,456,235Liabilities 2013: $243,843Net Assets 2013: $4,212,3922013Assets 2014: $3,792,308Liabilities 2014: $576,373Net Assets 2014: $3,215,9352014Assets 2015: $3,611,880Liabilities 2015: $399,017Net Assets 2015: $3,212,8632015Assets 2016: $3,622,284Liabilities 2016: $367,426Net Assets 2016: $3,254,8582016Assets 2017: $3,725,434Liabilities 2017: $152,176Net Assets 2017: $3,573,2582017Assets 2018: $3,569,244Liabilities 2018: $55,086Net Assets 2018: $3,514,1582018Assets 2019: $3,564,397Liabilities 2019: $51,821Net Assets 2019: $3,512,5762019Assets 2020: $3,575,746Liabilities 2020: $189,099Net Assets 2020: $3,386,6472020Assets 2021: $2,944,970Liabilities 2021: $373,065Net Assets 2021: $2,571,9052021Assets 2022: $2,200,454Liabilities 2022: $389,170Net Assets 2022: $1,811,2842022Assets 2023: $2,163,496Liabilities 2023: $152,992Net Assets 2023: $2,010,5042023Assets 2024: $2,226,316Liabilities 2024: $175,835Net Assets 2024: $2,050,4812024

Highlighted filing

2018

Assets$3,569,244
Liabilities$55,086
Net Assets$3,514,158

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,648,9722010Expenses 2011: $1,646,1092011Expenses 2012: $1,832,3072012Revenue 2013: $2,028,158Expenses 2013: $2,023,364Net Income 2013: $4,7942013Revenue 2014: $868,585Expenses 2014: $1,808,586Net Income 2014: -$940,0012014Revenue 2015: $1,934,973Expenses 2015: $1,938,045Net Income 2015: -$3,0722015Revenue 2016: $1,936,903Expenses 2016: $1,894,908Net Income 2016: $41,9952016Revenue 2017: $2,259,754Expenses 2017: $2,315,224Net Income 2017: -$55,4702017Revenue 2018: $2,020,754Expenses 2018: $2,082,616Net Income 2018: -$61,8622018Revenue 2019: $2,060,929Expenses 2019: $2,038,400Net Income 2019: $22,5292019Revenue 2020: $730,645Expenses 2020: $870,690Net Income 2020: -$140,0452020Revenue 2021: -$123,262Expenses 2021: $691,480Net Income 2021: -$814,7422021Revenue 2022: $323,552Expenses 2022: $1,020,388Net Income 2022: -$696,8362022Revenue 2023: $1,027,335Expenses 2023: $828,115Net Income 2023: $199,2202023Revenue 2024: $1,163,735Expenses 2024: $1,123,758Net Income 2024: $39,9772024

Highlighted filing

2018

Revenue$2,020,754
Expenses$2,082,616
Net Income-$61,862
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$2,059,262
Mission and Program Overview

Mission

Educational Organization devoted to promoting aviation studies and perpetuating Americas aviation heritage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,436,168$3,451,773▲ $15,605
Cash and Non-Interest-Bearing Accounts$196,604$59,931▼ $136,673
Accounts Receivable$51,296$25,974▼ $25,322
Prepaid Expenses and Deferred Charges$29,800$20,000▼ $9,800
Inventories for Sale or Use$11,566$11,566→ $0
Total Assets$3,725,434$3,569,244▼ $156,190
Liabilities
Accounts Payable and Accrued Expenses$152,176$55,086▼ $97,090
Total Liabilities$152,176$55,086▼ $97,090
Net Assets / Fund Balance
Unrestricted Net Assets$3,573,258$3,514,158▼ $59,100
Total Net Assets Fund Balance$3,573,258$3,514,158▼ $59,100
Total Liabilities and Net Assets / Fund Balance$3,725,434$3,569,244▼ $156,190

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,413,113$661,800$4,074,913
Leasehold Improvements$38,660$2,193$40,853
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Douglas G JeanesPresidentFT$41,805$45,450$87,255

Board Members and Trustees

NameTitle
Jerry L CrawfordVice President
James A Cavanaugh JrDirector
Perry SmithDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,303,432
Program Service Revenue
$602,511
Investment Income
$0
Other Revenue
$114,811
All Other Contributions
$1,226,194
Change in Net Assets
$-61,862
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,362,444
Salaries, Compensation, and Employee Benefits$720,172
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$6,220$690,480-$696,700
Other Salaries and Wages$467,750--$467,750
Occupancy$370,956--$370,956
Comp Disqual Persons-$117,608-$117,608
Other Employee Benefits$38,788$38,787-$77,575
Payroll Taxes$27,800$29,056-$56,856
Other Expenses$42,580--$42,580
Advertising$40,512--$40,512
Fees for Services Accounting-$39,685-$39,685
Office Expenses-$20,500-$20,500
Depreciation Depletion$14,117--$14,117
Interest$9,078--$9,078
Information Technology-$5,371-$5,371
Travel$3,814--$3,814
Conferences and Meetings$400--$400
Pension Plan Contributions-$383-$383
Total Functional Expenses$1,140,746$941,870$0$2,082,616
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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

Officer directors etc family relationship Part VI line 2

James Cavanaugh and Jerry Crawford are both employed by Jani-King.

Form 990 governing body review Part VI line 11

Form 990 is distributed to the Board of Directors pior to filing the tax return, and the Directors have the opportunity to review and comment on the return at a board meeting. The comments are considered before the return is filed.

Conflict of interest policy compliance Part VI line 12C

The governing Board of Directors reviews the Conflict of Interest Policy annually to monitor that it is being followed according to those Policies intentions.

Governing documents etc available to public Part VI line 19

The organization makes its Form 1023, 990, 990-T, governing documents, Conflict of Interest Policy and financial statements available to the public upon request Monday thru Friday during normal operating hours.

Filing and Contact Details

Filer

Filer Name
Cavanaugh Flight Museum
EIN
75-3088417
Address
4572 Claire Chennault Dr, Addison, TX 75001

Signing Officer

Name
Douglas G Jeanes
Title
Chairman
Phone
9723808800
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
3
Employees
16
Volunteers
350

Preparer

Firm
Thomas and Thomas CPAs
Address
4019 N Galloway Ste B, Mesquite, TX 75150
Preparer
Karl Thomas CPA
Phone
9726817295
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Other expenses

List of other expenses Part IX line 24E

Aircraft expenses

General explanation attachment

Form 990, Part I, Line 1, Description of Organization Mission:The museum fulfills its mission by restoring, operating, maintaining and displaying historically-significant vintage aircraft, and by collecting materials related to the history of aviation.

Raw XML Appendix398 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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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0856900
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0819855
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt04226630
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01969748
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01760115
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01833817
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01434758
IRS990ScheduleA/Total509Grp/TotalAmt08943165
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01944727
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01760115
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01833817
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01434758
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IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt03413113
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0661800
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04074913
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt038660
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02193
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt040853
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03451773
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0James Cavanaugh and Jerry Crawford are both employed by Jani-King.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is distributed to the Board of Directors pior to filing the tax return, and the Directors have the opportunity to review and comment on the return at a board meeting. The comments are considered before the return is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing Board of Directors reviews the Conflict of Interest Policy annually to monitor that it is being followed according to those Policies intentions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes its Form 1023, 990, 990-T, governing documents, Conflict of Interest Policy and financial statements available to the public upon request Monday thru Friday during normal operating hours.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Other expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Aircraft expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Form 990, Part I, Line 1, Description of Organization Mission:The museum fulfills its mission by restoring, operating, maintaining and displaying historically-significant vintage aircraft, and by collecting materials related to the history of aviation.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6General explanation attachment
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TotalEmployeeCnt016
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0941870
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01140746
IRS990/TotalFunctionalExpensesGrp/TotalAmt02082616
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0152176
IRS990/TotalLiabilitiesEOYAmt055086
IRS990/TotalLiabilitiesGrp/BOYAmt0152176
IRS990/TotalLiabilitiesGrp/EOYAmt055086
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03573258
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03514158
IRS990/TotalOtherCompensationAmt07650
IRS990/TotalProgramServiceExpensesAmt01140746
IRS990/TotalProgramServiceRevenueAmt0602511
IRS990/TotalReportableCompFromOrgAmt041805
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0717322
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02020754
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0350
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03725434
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03569244
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IRS990/TravelGrp/ProgramServicesAmt03814
IRS990/TravelGrp/TotalAmt03814
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03573258
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IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.cavanaughflightmuseum.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Douglas G Jeanes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/PhoneNum09723808800
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Cavanaugh Flight Museum
ReturnHeader/Filer/BusinessNameControlTxt0CAVA
ReturnHeader/Filer/EIN0753088417
ReturnHeader/Filer/USAddress/AddressLine1Txt04572 Claire Chennault Dr
ReturnHeader/Filer/USAddress/CityNm0Addison
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075001
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07362F3EE956BCEF32E6E7B5F1925D54A112B4F40
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07362F3EE956BCEF32E6E7B5F1925D54A112B4F40
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId07564812019319ze2mxs0
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-11-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt099.129.34.99
ReturnHeader/FilingSecurityInformation/IPDt02019-11-15
ReturnHeader/FilingSecurityInformation/IPTm016:51:33
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721577017
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Thomas and Thomas CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04019 N Galloway Ste B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mesquite
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075150
ReturnHeader/PreparerPersonGrp/PhoneNum09726817295
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Karl Thomas CPA
ReturnHeader/ReturnTs02019-11-15T15:57:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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.$2.23$0.18$2.05$1.16$1.12$0.04
2023Summary only. Only limited summary data is available for this year.$2.16$0.15$2.01$1.03$0.83$0.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.20$0.39$1.81$0.32$1.02$0.70
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.37$2.57$0.12$0.69$0.81
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.58$0.19$3.39$0.73$0.87$0.14
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.56$0.05$3.51$2.06$2.04$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.57$0.06$3.51$2.02$2.08$0.06
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$0.15$3.57$2.26$2.32$0.06
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.62$0.37$3.25$1.94$1.89$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.61$0.40$3.21$1.93$1.94$0.00
2014Detailed filing. Detailed filing data is available for this year.$3.79$0.58$3.22$0.87$1.81$0.94
2013Summary only. Only limited summary data is available for this year.$4.46$0.24$4.21$2.03$2.02$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.42$0.21$4.21$1.83
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.15$0.26$3.89$1.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$0.22$3.81$1.65