Civic Intelligence

Tango Thirty One Aero Clube Inc

EIN 82-0822759 • 501(c)3 • McKinney, TX

Profile

Introducing High School student to aircraft maintenance and flight training

10045 Kinner DrMcKinney, TX 75071

www.t31aeroclube.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

93rd percentile

64%

Higher net margin than 93% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

87th percentile

54%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2023

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$320,308

Up $185,528 (+138%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$320,308

Up $203,528 (+174%) from 2021

Operations
Liabilities / RevenueScore unavailableNet Margin93rd percentile

Revenue

Up

$156,062

Up $40,657 (+35%) from 2021

Expenses

Up

$55,467

Up $6,951 (+14%) from 2021

Net Income

Up

$100,595

Up $33,706 (+50%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth87th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2021: $134,780Liabilities 2021: $18,000Net Assets 2021: $116,7802021Assets 2023: $320,308Net Assets 2023: $320,3082023

Highlighted filing

2023

Assets$320,308
Liabilities-
Net Assets$320,308
Open 2023 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0Revenue 2021: $115,405Expenses 2021: $48,516Net Income 2021: $66,8892021Revenue 2023: $156,062Expenses 2023: $55,467Net Income 2023: $100,5952023

Highlighted filing

2023

Revenue$156,062
Expenses$55,467
Net Income$100,595
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$320,308
Liabilities
-
Net assets
$320,308
Revenue
$156,062
Expenses
$55,467
Net income
$100,595
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$3.20$3.20$1.56$0.55$1.01
2021Detailed filing. Detailed filing data is available for this year.$1.35$0.18$1.17$1.15$0.49$0.67
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 19, 2024
Return Version
2023v5.1
Gross Receipts
$156,062
Mission and Program Overview

Mission

Promote opportunties in avaition

Introducing High School student to aircraft maintenance and flight training

Program Services

DescriptionGrantsExpenses
introducing young local high school students into the aviation community in both aircraft maintenance and flight training. It is intended for those youth with limited financial means.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
J Kevin LaceyPresidentPT$0--
Steve AfemanSecretaryPT$0--
Alex CoatsOfficerPT$0--
Ms Amy MattinglyOfficerPT$0--
Dr Marli WhiteOfficerPT$0--
Ms Beverly CollinOfficerPT$0--
Filing and Contact Details

Filer

Filer Name
Tango Thirty One Aero Clube Inc
EIN
82-0822759
Phone
9725713404
Address
10045 Kinner Dr, McKinney, TX 75071

Signing Officer

Name
Jim Lacey
Title
President
Phone
9725713404
Signed
2024-07-19
Discuss with paid preparer
Yes

Preparer

Firm
Verucchi & Associates PC
Address
PO Box 38604, Dallas, TX 75238
Preparer
Mike L Verucchi CPA
Phone
2145759430
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Travel 10,683”

Form 990-EZ, Part I, Line 16, Other Expenses

“Meals and entertainment 387”

Form 990-EZ, Part I, Line 16, Other Expenses

“Equipment rental and maintenance 12,972”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 20,044”

Form 990-EZ, Part I, Line 16, Other Expenses

“Advertising/Promotional 1,364”

Form 990-EZ, Part I, Line 16, Other Expenses

“Auto 86”

Form 990-EZ, Part I, Line 16, Other Expenses

“Dues/subscriptions 564”

Form 990-EZ, Part I, Line 16, Other Expenses

“Insurance 7,969”

Form 990-EZ, Part I, Line 16, Other Expenses

“Taxes Licenses 83”

Form 990-EZ, Part I, Line 16, Other Expenses

“Office expenses and software 1,125”

Form 990-EZ, Part II, Line 24, Other Assets

“Aircraft and equipment Beginning of year 215,500, End of year 291,000”

Raw XML Appendix192 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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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/EIN0820822759
ReturnHeader/Filer/PhoneNum09725713404
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ReturnHeader/Filer/USAddress/CityNm0McKinney
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