Liabilities / Assets
79th percentile
Higher debt load relative to assets than 79% of similar nonprofits.
Franconia Soaring Foundation Inc
EIN 81-2864631 • 501(c)3 • Franconia, NH
Profile
To provide educational programs and training materials related to the science and art of motorless flight. Provide flying equipment and facilities to assist in the promotion and education of students, pilots, youth organizations and the general public related to motorless flight and public safety. To encourage, promote and provide for the training of knowledge, skills and practices of motorless flight. To study and research the scientific techniques of soaring in the meteorological condition in the local area of the organization and to make these findings available to the public. To provide enhanced opportunities for motorless flight by facilitating oeprations in close proximity to the uniquely favorable soaring conditions in franconia, new hampshire. To preserve the franconia airport for future generations of aviation and recreational use.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.40x
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
94th percentile
Faster asset growth than 94% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Balance Sheet
Assets
Up$1,609,010
Up $529,612 (+49%) from 2023
Liabilities
Up$651,551
Up $462,471 (+245%) from 2023
Net Assets
Up$957,459
Up $67,141 (+7.5%) from 2023
Revenue
Down$131,672
Down $431,290 (-77%) from 2023
Expenses
Up$64,531
Up $24,012 (+59%) from 2023
Net Income
Down$67,141
Down $455,302 (-87%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $1,609,010
- Liabilities
- $651,551
- Net assets
- $957,459
- Revenue
- $131,672
- Expenses
- $64,531
- Net income
- $67,141
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 14, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $131,672
Mission and Program Overview
Mission
To advance the science and art of motorless flight as a non profit organization. To provide educational programs, training materials, a library, and flying equipment and facilities To promote and educate students, pilots, youth organizations and the general public in regard to motorless flight and aviation safety, for charitable purposes with in the meaning section 501c3. To provide and make available to the members of the Foundation on a non-profit basis flying facilities and equipment for motorless flight. To encourage, promote and provide for the training of members of this Foundation in the knowledge, skills and practices of motorless flight. To study and research the scientific techniques of soaring in the meteorological condition of this area and to make these findings available to the public. To provide enhanced opportunities for motorless flight by facilitating operations in close proximity to the uniquely favorable soaring conditions in the Franconia, NH.
To preserve the franconia airport for future generations of aviation and outdoor recreational use. To provide educational programs and training materials related to the science and art of motorless flight. Provide flying equipment and facilities to assist in the promotion and education of students, pilots, youth organizations and the general public related to motorless flight and public safety. To encourage, promote and provide for the training of knowledge, skills and practices of motorless flight. To study and research the scientific techniques of soaring in the meteorological condition in the local area of the organization and to make these findings available to the public. To provide enhanced opportunities for motorless flight by facilitating oeprations in close proximity to the uniquely favorable soaring conditions in franconia, new hampshire.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $698,243 | $1,574,356 | ▲ $876,113 |
| Loans From Officers Directors | $189,080 | $255,700 | ▲ $66,620 |
| Cash and Non-Interest-Bearing Accounts | $381,155 | $34,654 | ▼ $346,501 |
| Total Assets | $1,079,398 | $1,609,010 | ▲ $529,612 |
| Liabilities | |||
| Unsecured Notes Loans Payable | - | $395,851 | - |
| Total Liabilities | $189,080 | $651,551 | ▲ $462,471 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $890,318 | $957,459 | ▲ $67,141 |
| Total Net Assets Fund Balance | $890,318 | $957,459 | ▲ $67,141 |
| Total Liabilities and Net Assets / Fund Balance | $1,079,398 | $1,609,010 | ▲ $529,612 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $1,276,356 | $14,860 | $1,291,216 |
| Land | $298,000 | - | $298,000 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Thomas Ganse | President |
| David Desfosses | Director |
| John Riff | Director |
| Joseph Kwasnik | Director |
| Max Lareau | Director |
| Peter Eiche | Director |
| James David | Airport Mana |
| Peter Stauble | Chief Instru |
| Lee Lareau | Former Treas |
| Carol Tewes | Secretary |
| Alex Noordergraaf | Vice Pres/tr |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Cut & Fill Dirtworks INC | Construction | PO BOX 42, Littleton, NH 03561 | $604,620 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $107,741
- Program Service Revenue
- $13,530
- Investment Income
- $0
- Other Revenue
- $10,401
- All Other Contributions
- $107,741
- Change in Net Assets
- $67,141
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $64,531 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $15,599 | - | - | $15,599 |
| Occupancy | $12,911 | - | - | $12,911 |
| Depreciation Depletion | $8,230 | $648 | - | $8,878 |
| Insurance | $3,707 | $2,000 | - | $5,707 |
| Fees for Services Accounting | - | $3,600 | - | $3,600 |
| Office Expenses | - | $3,000 | - | $3,000 |
| All Other Expenses | $280 | $2,375 | - | $2,655 |
| Other Expenses | $1,925 | - | - | $1,925 |
| Information Technology | - | $455 | - | $455 |
| Advertising | - | $376 | - | $376 |
| Fees for Services Legal | - | $309 | - | $309 |
| Total Functional Expenses | $51,768 | $12,763 | $0 | $64,531 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $10,330 |
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $189,080 | $255,700 | ▲ $66,620 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- 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, Page 6, Part VI, Line 2
“Tom ganse carol tewes president secretary husband/wife”
Form 990, Page 6, Part VI, Line 11B
“990 reviewed by board officers prior to filing.”
Form 990, Page 6, Part VI, Line 12C
“The organization regularly and consistently monitors and enforces compliance with its conflict of interest policy via annual statements from members of its governing body, as well as monthly board meetings where all business transactions are monitored and either approved or not.”
Form 990, Page 6, Part VI, Line 19
“Documents are available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Franconia Soaring Foundation Inc
- EIN
- 81-2864631
- Phone
- 4103265117
- Address
- PO BOX 30, FRANCONIA, NH 03580
Signing Officer
- Name
- Thomas Ganse
- Title
- President
- Phone
- 4103265117
- Signed
- 2025-11-14
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Thomas Ganse
- Formed
- 2016
- Legal Domicile
- Nh
- Voting Board Members
- 10
- Independent Board Members
- 10
- Employees
- 0
- Volunteers
- 30
Preparer
- Firm
- Cohos Advisors Pllc
- Address
- 272 MAIN ST, LANCASTER, NH 03584-3340
- Preparer
- Kendra J Bell
- Phone
- 6037884928
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S MISSION
“To preserve the franconia airport for future generations of aviation and outdoor recreational use. To provide educational programs and training materials related to the science and art of motorless flight. Provide flying equipment and facilities to assist in the promotion and education of students, pilots, youth organizations and the general public related to motorless flight and public safety. To encourage, promote and provide for the training of knowledge, skills and practices of motorless flight. To study and research the scientific techniques of soaring in the meteorological condition in the local area of the organization and to make these findings available to the public. To provide enhanced opportunities for motorless flight by facilitating oeprations in close proximity to the uniquely favorable soaring conditions in franconia, new hampshire.”
Raw XML AppendixShowing 400 of 439 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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| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
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| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
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| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 648 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 8230 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 8878 |
| IRS990/Desc | 0 | TRAINING AND EDUCATION - AVIATION STEM STUDENT INTRODUCTORY FLIGHTS, WITH GROUND AND FLIGHT INSTRUCTION, AND ADAPTIVE DAY INTRODUCTORY FLIGHTS FOR DISABLED INDIVIDUALS TO ENHANCE THE PUBLIC KNOWLEDGE OF THE ART AND SCIENCE OF MOTORLESS FLIGHT. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
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| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 11321 |
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| IRS990/FederalGrantAuditRequiredInd | 0 | false |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3600 |
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| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | FORMER TREAS |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | VICE PRES/TR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
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| IRS990/MissionDesc | 0 | TO PRESERVE THE FRANCONIA AIRPORT FOR FUTURE GENERATIONS OF AVIATION AND OUTDOOR RECREATIONAL USE. TO PROVIDE EDUCATIONAL PROGRAMS AND TRAINING MATERIALS RELATED TO THE SCIENCE AND ART OF MOTORLESS FLIGHT. PROVIDE FLYING EQUIPMENT AND FACILITIES TO ASSIST IN THE PROMOTION AND EDUCATION OF STUDENTS, PILOTS, YOUTH ORGANIZATIONS AND THE GENERAL PUBLIC RELATED TO MOTORLESS FLIGHT AND PUBLIC SAFETY. TO ENCOURAGE, PROMOTE AND PROVIDE FOR THE TRAINING OF KNOWLEDGE, SKILLS AND PRACTICES OF MOTORLESS FLIGHT. TO STUDY AND RESEARCH THE SCIENTIFIC TECHNIQUES OF SOARING IN THE METEOROLOGICAL CONDITION IN THE LOCAL AREA OF THE ORGANIZATION AND TO MAKE THESE FINDINGS AVAILABLE TO THE PUBLIC. TO PROVIDE ENHANCED OPPORTUNITIES FOR MOTORLESS FLIGHT BY FACILITATING OEPRATIONS IN CLOSE PROXIMITY TO THE UNIQUELY FAVORABLE SOARING CONDITIONS IN FRANCONIA, NEW HAMPSHIRE. |
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| IRS990/OtherExpensesGrp/Desc | 1 | STEM EXPENSES |
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| IRS990/ProgramServiceRevenueGrp/Desc | 1 | ADAPTIVE DAY |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | TIE DOWN FEES |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 250 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | TO MAINTAIN AN AIRFIELD IN FRANCONIA, NH FOR THE ORGANIZATION TO UTILIZE IN EFFORTS TO CONTINUE THEIR MISSION OF TRAINING AND EDUCATION OF THE ART OF MOTORLESS FLIGHT, WHILE PRESERVING THE FRANCONIA AIRPORT FOR FUTURE GENERATIONS OF AVIATION AND RECREATIONAL USE. |
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| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 1 | BOARD PRESIDENT |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | TO PRESERVE THE FRANCONIA AIRPORT FOR FUTURE GENERATIONS OF AVIATION AND OUTDOOR RECREATIONAL USE. TO PROVIDE EDUCATIONAL PROGRAMS AND TRAINING MATERIALS RELATED TO THE SCIENCE AND ART OF MOTORLESS FLIGHT. PROVIDE FLYING EQUIPMENT AND FACILITIES TO ASSIST IN THE PROMOTION AND EDUCATION OF STUDENTS, PILOTS, YOUTH ORGANIZATIONS AND THE GENERAL PUBLIC RELATED TO MOTORLESS FLIGHT AND PUBLIC SAFETY. TO ENCOURAGE, PROMOTE AND PROVIDE FOR THE TRAINING OF KNOWLEDGE, SKILLS AND PRACTICES OF MOTORLESS FLIGHT. TO STUDY AND RESEARCH THE SCIENTIFIC TECHNIQUES OF SOARING IN THE METEOROLOGICAL CONDITION IN THE LOCAL AREA OF THE ORGANIZATION AND TO MAKE THESE FINDINGS AVAILABLE TO THE PUBLIC. TO PROVIDE ENHANCED OPPORTUNITIES FOR MOTORLESS FLIGHT BY FACILITATING OEPRATIONS IN CLOSE PROXIMITY TO THE UNIQUELY FAVORABLE SOARING CONDITIONS IN FRANCONIA, NEW HAMPSHIRE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | TOM GANSE CAROL TEWES PRESIDENT SECRETARY HUSBAND/WIFE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 990 REVIEWED BY BOARD OFFICERS PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY VIA ANNUAL STATEMENTS FROM MEMBERS OF ITS GOVERNING BODY, AS WELL AS MONTHLY BOARD MEETINGS WHERE ALL BUSINESS TRANSACTIONS ARE MONITORED AND EITHER APPROVED OR NOT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
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