Civic Intelligence

Hood River Soaring

990EZ • Fiscal year 2023 • EIN 81-1661342

Jan 01, 2023 to Dec 31, 2023 • Filed on Feb 17, 2024

PO Box 1441Hood River, OR 97031

(541) 705-7550

Siviq Scores

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

Liabilities / Assets

89th percentile

0.46x

Higher debt load relative to assets than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

1.05x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

57th percentile

7.3%

Higher net margin than 57% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

71st percentile

17%

Faster asset growth than 71% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

54th percentile

7.8%

Faster revenue growth than 54% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$368,241

Up $53,931 (+17%) from 2022

Net Assets

Up

$199,116

Up $15,580 (+8.5%) from 2022

Liabilities

Up

$169,125

Up $38,351 (+29%) from 2022

Revenue

Up

$161,244

Up $11,622 (+7.8%) from 2022

Expenses

Up

$149,502

Up $21,969 (+17%) from 2022

Net Income

Down

$11,742

Down $10,347 (-47%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2016: $72,420Liabilities 2016: $37,914Net Assets 2016: $34,5062016Assets 2017: $146,109Liabilities 2017: $44,047Net Assets 2017: $102,0622017Assets 2018: $162,673Liabilities 2018: $35,868Net Assets 2018: $126,8052018Assets 2019: $218,617Liabilities 2019: $24,117Net Assets 2019: $194,5002019Assets 2020: $206,696Liabilities 2020: $31,473Net Assets 2020: $175,2232020Assets 2021: $307,197Liabilities 2021: $145,750Net Assets 2021: $161,4472021Assets 2022: $314,310Liabilities 2022: $130,774Net Assets 2022: $183,5362022Assets 2023: $368,241Liabilities 2023: $169,125Net Assets 2023: $199,1162023Assets 2024: $371,505Liabilities 2024: $146,758Net Assets 2024: $224,7472024

Highlighted filing

2023

Assets$368,241
Liabilities$169,125
Net Assets$199,116

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2016: $52,775Expenses 2016: $18,269Net Income 2016: $34,5062016Revenue 2017: $135,184Expenses 2017: $68,963Net Income 2017: $66,2212017Revenue 2018: $104,896Expenses 2018: $80,153Net Income 2018: $24,7432018Revenue 2019: $174,050Expenses 2019: $101,085Net Income 2019: $72,9652019Revenue 2020: $86,368Expenses 2020: $105,645Net Income 2020: -$19,2772020Revenue 2021: $137,785Expenses 2021: $153,733Net Income 2021: -$15,9482021Revenue 2022: $149,622Expenses 2022: $127,533Net Income 2022: $22,0892022Revenue 2023: $161,244Expenses 2023: $149,502Net Income 2023: $11,7422023Revenue 2024: $178,530Expenses 2024: $152,899Net Income 2024: $25,6312024

Highlighted filing

2023

Revenue$161,244
Expenses$149,502
Net Income$11,742
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 17, 2024
Return Version
2023v4.0
Gross Receipts
$161,508
Mission and Program Overview

Mission

The purpose of Hood River soaring is to advance the science and art of motorless flight: to study and research the scientific techniques of soaring in the meteorological conditions of the Hood River valley and surround environs and to make it findings regarding the same available to the public; to educate students. pilots, youth organizations and the public about motorless flight; to provide and or make available to its members the flying facilities and equipment for motorless flight on a non-profit basis; and to encourage, promote for the training of its members, include special outreach programs for youth, the knowledge, skill and practices of motorless flight. During 2018 Hood River Soaring provided 640 glider tows of which 11% where made by members of the youth program. 24 hours of instruction were provided to youth members and 29 hours of flight time were accumulated by our youth members. Hood River Soaring provided public information on gliding through Local First Friday event

The purpose Hood River Soaring is to advance the science and art of motorless flight: to study and research the scientific techniques of soaring in the meteorological conditions of Hood River valley and surrounding environs and to make its findings available to the public; to educate students pilots youth organizations and the public about motorless flight; to provide and or make available to its members the flying facilities and equipment for motorless flight on a non-profit basis; and to encourage promote for training of its members including special outreach programs for youth introducing them to the knowledge skill and practices of motorless flight.

Program Services

DescriptionGrantsExpenses
Conducted 733 aircraft tows maintained in flight status two tow planes and six flyable gliders for both Youth Members and Adult Members utilization. Operated continuously for 12 months for the benefit of approximately 50 active members.$0$83,721
Flew 22 active Youth Members in 2023. Achieved 7 first solo flights. Licensed 3 new FAA certified pilots.$0$65,780
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ty SibleyPresidentPT$0--
Joel MorrowTeasurerPT$0--
Ron MontagueSecretaryPT$0--
Brian HartYouth Program DirectorPT$0--
Jonathan HartVice PresidentPT$0--
Geoff CurtisSafety OfficerPT$0--
Joe MarinMaintenance Officer-$0--
Filing and Contact Details

Filer

Filer Name
Hood River Soaring
EIN
81-1661342
In Care Of
% Joel S Morrow
Address
PO Box 1441, Hood River, OR 97031

Signing Officer

Name
Joel S Morrow
Title
Treasuer
Signed
2024-02-17
Supplemental Narrative

Additional Explanations

Doing Business As Names

HOOD RIVER SOARING

Part I, line 16

| Other Expenses:, Amount:| Airfield Operations Maintenance & Supplies, $1176| Electronics and Software, $4090| Liability and Directors and Officers Insurance, $21372| Total Organizational Fees and Dues, $10536| Scenic Ride Expenses including - Booking Fees Commercial Pilot Fees Concession Fee Aircraft Lease,, $14360| Uncategorized Expenses, $167| Merchant Account and Card Processing Fee, $1550| Consolidated Loan Expense Aerotow, $5943| Aircraft repairs and maintenance registration inspection parts and supplies gas and oil transportation, $39705| Interest Expense, $2844| Other Business Expenses including Bad Debt, $3905| Student Training Materials, $546| Total Other Expense: Depreciation Expense and Youth Work Study Program Reconciliation Discrepancies, $3829| Tow Pilot Fees, $9875| Other Misc Service Costs QuickBooks Payment Fees, $66|

Part I, line 20

| Explanation:, Amount:| Prior period adjustment no current year tax effect., $3838|

Part II, line 24

| Explanation:, BOYAmount:, EOYAmount:| Aircraft, $253290, $331990| Inventory, $3749, $0| Golf Cart, $1000, $0| Trailer, $800, $0| Other Assets, $2783, $164| Accounts Receivable, $1992, $55| Pre-paid Expenses., $5106, $0|

Part II, line 26

| Explanation:, BOYAmount:, EOYAmount:| Mortgages or other loans payable, $130774, $167637| Other Current Liabilities, $0, $1488|

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOOD RIVER SOARING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Airfield Operations Maintenance & Supplies, $1176| Electronics and Software, $4090| Liability and Directors and Officers Insurance, $21372| Total Organizational Fees and Dues, $10536| Scenic Ride Expenses including - Booking Fees Commercial Pilot Fees Concession Fee Aircraft Lease,, $14360| Uncategorized Expenses, $167| Merchant Account and Card Processing Fee, $1550| Consolidated Loan Expense Aerotow, $5943| Aircraft repairs and maintenance registration inspection parts and supplies gas and oil transportation, $39705| Interest Expense, $2844| Other Business Expenses including Bad Debt, $3905| Student Training Materials, $546| Total Other Expense: Depreciation Expense and Youth Work Study Program Reconciliation Discrepancies, $3829| Tow Pilot Fees, $9875| Other Misc Service Costs QuickBooks Payment Fees, $66|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, Amount:| Prior period adjustment no current year tax effect., $3838|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Aircraft, $253290, $331990| Inventory, $3749, $0| Golf Cart, $1000, $0| Trailer, $800, $0| Other Assets, $2783, $164| Accounts Receivable, $1992, $55| Pre-paid Expenses., $5106, $0|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Explanation:, BOYAmount:, EOYAmount:| Mortgages or other loans payable, $130774, $167637| Other Current Liabilities, $0, $1488|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Doing Business As Names
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part II, line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Joel S Morrow
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasuer
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOOD RIVER SOARING
ReturnHeader/Filer/BusinessNameControlTxt0HOOD
ReturnHeader/Filer/EIN0811661342
ReturnHeader/Filer/ForeignPhoneNum06362483531
ReturnHeader/Filer/InCareOfNm0% Joel S Morrow
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1441
ReturnHeader/Filer/USAddress/CityNm0Hood River
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097031
ReturnHeader/ReturnTs02024-02-17T10:54:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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