Civic Intelligence

South Texas Flying Club

EIN 82-2269871 • 501(c)7 • Corpus Christi, TX

Profile

South texas flying club is an equity-based club organized for the purpose of providing a safe and enjoyable environment, promoting social fellowship and camaraderie of the club's members through the ownership of private aircraft for the members personal, and recreational flying. Our mission statement is "fun and affordable flying". Stfc provides well-maintained aircraft for members' use at a reasonable cost.

7009 Spanish Wood DrCorpus Christi, TX 78414

southtexasflyingclub.org

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 2021

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • <$500k nonprofits • Source year 2021

Net Margin

6th percentile

-57%

Higher net margin than 6% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2021

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

501(c)7 • <$500k nonprofits • Source year 2021

Asset Growth

5th percentile

-100%

Faster asset growth than 5% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

34th percentile

-7.4%

Faster revenue growth than 34% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $47,245 (-100%) from 2020

Liabilities

Down

$0

Down $3,024 (-100%) from 2020

Net Assets

Down

$0

Down $44,221 (-100%) from 2020

Revenue

Down

$77,444

Down $6,202 (-7.4%) from 2020

Expenses

Up

$121,665

Up $70,533 (+138%) from 2020

Net Income

Down

-$44,221

Down $76,735 (-236%) from 2020

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2017: $49,897Liabilities 2017: $28,9592017Assets 2018: $40,667Liabilities 2018: $15,891Net Assets 2018: $24,7762018Assets 2019: $28,335Liabilities 2019: $16,628Net Assets 2019: $11,7072019Assets 2020: $47,245Liabilities 2020: $3,024Net Assets 2020: $44,2212020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2017: $36,075Expenses 2017: $15,137Net Income 2017: $20,9382017Revenue 2018: $41,272Expenses 2018: $37,434Net Income 2018: $3,8382018Revenue 2019: $22,012Expenses 2019: $35,081Net Income 2019: -$13,0692019Revenue 2020: $83,646Expenses 2020: $51,132Net Income 2020: $32,5142020Revenue 2021: $77,444Expenses 2021: $121,665Net Income 2021: -$44,2212021

Highlighted filing

2021

Revenue$77,444
Expenses$121,665
Net Income-$44,221

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$112,397
Mission and Program Overview

Mission

South texas flying club is an equity-based club organized for the purpose of providing a safe and enjoyable environment, promoting social fellowship and camaraderie of the club's members through the ownership of private aircraft for the members personal, and recreational flying. Our mission statement is "fun and affordable flying". Stfc provides well-maintained aircraft for members' use at a reasonable cost.

Program Services

DescriptionGrantsExpenses
STLC IS AN EQUITY-BASE CLUB ORGANIZED FOR THE PURPOSE OF WHICH IS TO PROMOTE AND PROVIDE A SAFE, AFFORDABLE AND ENJOYABLE AVIATION TO ITS MEMBERS. THE CLUB PROVIDED THIS BENEFITS TO THE CURRENT MEMBERS. IN ADDITION TO THIS THE CLUB PROVIDED SOCIAL FELLOWSHIP AND CAMARADERIE THROUGH THE OWNERSHIP OF A PRIVATE AIRCRAFT FOR PERSONAL AND RECREATIONAL FLYING. THIS MEMEBERS CONSTANTLY COMMINGLE IN FORMAL AND INFORMAL MEETINGS AND SOICAL GATHERINGS. FOR EXAMPLE, MONDAY EVENING ARE DESIGNATED AS CLUB MEMBERSHIP AIRCRAFT MAINTENANCE NIGHT. ALL MEMBERS ARE ENCOURAGE TO ATTEND AND LEARN MAINTENANCE PRACTICES AND PROCEDURES FOR THE CLUB AIRCRAFT AND STAY FOR THE SOCIAL GATHERING.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFFREY T GREENPresident-$0--
ELLEXIS L GREENVice President-$0--
Filing and Contact Details

Filer

Filer Name
South Texas Flying Club
EIN
82-2269871
Phone
3618273203
Address
7009 SPANISH WOOD DR, CORPUS CHRISTI, TX 78414

Signing Officer

Name
Jeffrey T Green
Title
President
Phone
3618273203
Signed
2022-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Fields Nemec & Co Pc
Address
PO BOX 23067, CORPUS CHRISTI, TX 78403-3067
Preparer
Rudy Sturgeon CPA
Phone
3618837475
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: plane rental and expense reimbursments. Amount: 18,970. Total to form 990-ez, line 14: 18,841.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 10,295. Description: other expenses. Amount: 8,546.

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

Description: bank fees. Amount: 1,648. Description: dues & subscriptions. Amount: 1,468. Description: fuel. Amount: 784. Description: insurance expense. Amount: 2,205. Description: interest expense. Amount: 3,377. Description: meal. Amount: 480. Description: office expense. Amount: 363. Description: repairs and maintenance. Amount: 3,644. Description: refund to club members for dissolution. Amount: 37,500. Total to form 990-ez, line 16: 51,469.

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

Description: other depreciable assets. Beg. Of year amount: 42,672. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: note payable-green. Beg. Of year amount: 3,024. End of year amount: 0.

Raw XML Appendix150 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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IRS990EZ/PrimaryExemptPurposeTxt0SOUTH TEXAS FLYING CLUB IS AN EQUITY-BASED CLUB ORGANIZED FOR THE PURPOSE OF PROVIDING A SAFE AND ENJOYABLE ENVIRONMENT, PROMOTING SOCIAL FELLOWSHIP AND CAMARADERIE OF THE CLUB'S MEMBERS THROUGH THE OWNERSHIP OF PRIVATE AIRCRAFT FOR THE MEMBERS PERSONAL, AND RECREATIONAL FLYING. OUR MISSION STATEMENT IS "FUN AND AFFORDABLE FLYING". STFC PROVIDES WELL-MAINTAINED AIRCRAFT FOR MEMBERS' USE AT A REASONABLE COST.
IRS990EZ/PrintingPublicationsPostageAmt01631
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0STLC IS AN EQUITY-BASE CLUB ORGANIZED FOR THE PURPOSE OF WHICH IS TO PROMOTE AND PROVIDE A SAFE, AFFORDABLE AND ENJOYABLE AVIATION TO ITS MEMBERS. THE CLUB PROVIDED THIS BENEFITS TO THE CURRENT MEMBERS. IN ADDITION TO THIS THE CLUB PROVIDED SOCIAL FELLOWSHIP AND CAMARADERIE THROUGH THE OWNERSHIP OF A PRIVATE AIRCRAFT FOR PERSONAL AND RECREATIONAL FLYING. THIS MEMEBERS CONSTANTLY COMMINGLE IN FORMAL AND INFORMAL MEETINGS AND SOICAL GATHERINGS. FOR EXAMPLE, MONDAY EVENING ARE DESIGNATED AS CLUB MEMBERSHIP AIRCRAFT MAINTENANCE NIGHT. ALL MEMBERS ARE ENCOURAGE TO ATTEND AND LEARN MAINTENANCE PRACTICES AND PROCEDURES FOR THE CLUB AIRCRAFT AND STAY FOR THE SOCIAL GATHERING.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: PLANE RENTAL AND EXPENSE REIMBURSMENTS. AMOUNT: 18,970. TOTAL TO FORM 990-EZ, LINE 14: 18,841.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 10,295. DESCRIPTION: OTHER EXPENSES. AMOUNT: 8,546.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BANK FEES. AMOUNT: 1,648. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 1,468. DESCRIPTION: FUEL. AMOUNT: 784. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 2,205. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 3,377. DESCRIPTION: MEAL. AMOUNT: 480. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 363. DESCRIPTION: REPAIRS AND MAINTENANCE. AMOUNT: 3,644. DESCRIPTION: REFUND TO CLUB MEMBERS FOR DISSOLUTION. AMOUNT: 37,500. TOTAL TO FORM 990-EZ, LINE 16: 51,469.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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