Civic Intelligence

Midwest Sky Chasers Nfp

990EZ • Fiscal year 2022 • EIN 82-5123498

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 08, 2023

Organization Profile
1911 Lawndale DriveAlgonquin, IL 60102

(815) 355-4597

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

53rd percentile

0.00x

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

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Net Margin

65th percentile

9.3%

Higher net margin than 65% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Asset Growth

66th percentile

7.5%

Faster asset growth than 66% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

84th percentile

75%

Faster revenue growth than 84% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$45,769

Up $3,195 (+7.5%) from 2021

Net Assets

Up

$45,769

Up $3,195 (+7.5%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin65th percentile

Revenue

Up

$34,466

Up $14,821 (+75%) from 2021

Expenses

Down

$31,271

Down $1,930 (-5.8%) from 2021

Net Income

Up

$3,195

Up $16,751 (+124%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$80K$60K$40K$20K$0Assets 2019: $73,735Liabilities 2019: $0Net Assets 2019: $73,7352019Assets 2020: $56,130Liabilities 2020: $0Net Assets 2020: $56,1302020Assets 2021: $42,574Liabilities 2021: $0Net Assets 2021: $42,5742021Assets 2022: $45,769Liabilities 2022: $0Net Assets 2022: $45,7692022Assets 2023: $31,923Liabilities 2023: $0Net Assets 2023: $31,9232023Assets 2024: $26,539Liabilities 2024: $0Net Assets 2024: $26,5392024Assets 2025: $30,307Liabilities 2025: $0Net Assets 2025: $30,3072025

Highlighted filing

2022

Assets$45,769
Liabilities$0
Net Assets$45,769
Open 2022 Filing

Operations Trend

Revenue Growth84th percentile

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

$150K$100K$50K$0-$50KRevenue 2019: $109,964Expenses 2019: $43,376Net Income 2019: $66,5882019Revenue 2020: $15,426Expenses 2020: $45,046Net Income 2020: -$29,6202020Revenue 2021: $19,645Expenses 2021: $33,201Net Income 2021: -$13,5562021Revenue 2022: $34,466Expenses 2022: $31,271Net Income 2022: $3,1952022Revenue 2023: $22,902Expenses 2023: $36,748Net Income 2023: -$13,8462023Revenue 2024: $29,651Expenses 2024: $35,035Net Income 2024: -$5,3842024Revenue 2025: $29,931Expenses 2025: $26,163Net Income 2025: $3,7682025

Highlighted filing

2022

Revenue$34,466
Expenses$31,271
Net Income$3,195
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 8, 2023
Return Version
2022v5.0
Gross Receipts
$34,466
Mission and Program Overview

Mission

Flying club for the enjoyment of members

Program Services

DescriptionGrantsExpenses
GATHERING OF MEMBERS FOR ENTERTAINMENT--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD KOCKENOfficerPT$0--
MARK NAUMOWICZOfficerPT$0--
STEVE NOLENOfficerPT$0--
ARNOLD QUASTOfficerPT$0--
MARTIN PAPANEKOfficerPT$0--
Filing and Contact Details

Filer

Filer Name
Midwest Sky Chasers Nfp
EIN
82-5123498
Address
1911 LAWNDALE DRIVE, ALGONQUIN, IL 60102

Signing Officer

Name
Richard Kocken
Title
Officer
Phone
8153554597
Signed
2023-08-08
Discuss with paid preparer
Yes

Preparer

Firm
Diamond Financial Corporation
Address
4256 N ARLINGTON HGHTS RD 204, ARLINGTON HEIGHTS, IL 60004
Preparer
Joe Diamond CPA Cfp Mst Ea
Phone
8478848500
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountdepreciation from 4562 13,786database subscription 670aircraft annual inspection 4,826aircraft maintenance 243tax preparation 300gifts (mechanic, etc) 527fuel reimbursements to members 4,064”

Description of other assets Part II line 24

“Category beginning of year end of yearaircraft 17,088 10,252computer 135 81avionics 8,253 4,952auto pilot 0 14,381”

Business income not reported on 990-T Part V line 35

“NO BUSINESS INCOME”

Raw XML Appendix126 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RICHARD KOCKEN
IRS990EZ/BooksInCareOfDetail/PhoneNum08153554597
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0119 HOMEWOOD AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LIBERTYVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060048
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt017098
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016103
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03195
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt011
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt042574
IRS990EZ/Form990TotalAssetsGrp/EOYAmt045769
IRS990EZ/GrossReceiptsAmt034466
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt034466
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt042574
IRS990EZ/NetAssetsOrFundBalancesEOYAmt045769
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt042574
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt045769
IRS990EZ/OccupancyRentUtltsAndMaintAmt06844
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICHARD KOCKEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARK NAUMOWICZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STEVE NOLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ARNOLD QUAST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MARTIN PAPANEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4OFFICER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt025476
IRS990EZ/OtherAssetsTotalDetail/EOYAmt029666
IRS990EZ/OtherExpensesTotalAmt024416
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FLYING CLUB FOR THE ENJOYMENT OF MEMBERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GATHERING OF MEMBERS FOR ENTERTAINMENT
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt031271
IRS990EZ/TotalRevenueAmt034466
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTDEPRECIATION FROM 4562 13,786DATABASE SUBSCRIPTION 670AIRCRAFT ANNUAL INSPECTION 4,826AIRCRAFT MAINTENANCE 243TAX PREPARATION 300GIFTS (MECHANIC, ETC) 527FUEL REIMBURSEMENTS TO MEMBERS 4,064
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARAIRCRAFT 17,088 10,252COMPUTER 135 81AVIONICS 8,253 4,952AUTO PILOT 0 14,381
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO BUSINESS INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Business income not reported on 990-T Part V line 35
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD KOCKEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum08153554597
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDWEST SKY CHASERS NFP
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0825123498
ReturnHeader/Filer/USAddress/AddressLine1Txt01911 LAWNDALE DRIVE
ReturnHeader/Filer/USAddress/CityNm0ALGONQUIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060102
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363790030
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DIAMOND FINANCIAL CORPORATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04256 N ARLINGTON HGHTS RD 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARLINGTON HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060004
ReturnHeader/PreparerPersonGrp/PhoneNum08478848500
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOE DIAMOND CPA CFP MST EA
ReturnHeader/ReturnTs02023-08-26T13:15:08-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KOCKEN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$45,769
Liabilities
$0
Net assets
$45,769
Revenue
$34,466
Expenses
$31,271
Net income
$3,195
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.30$0.26$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.30$0.35$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.23$0.37$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.34$0.31$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.20$0.33$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.15$0.45$0.30
2019Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$1.10$0.43$0.67