Civic Intelligence

Midwest Sky Chasers Nfp

990EZ • Fiscal year 2024 • EIN 82-5123498

Jan 01, 2024 to Dec 31, 2024 • Filed on Apr 12, 2025

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

54th percentile

0.00x

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

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.00x

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

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

13th percentile

-18%

Higher net margin than 13% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

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.

2024 filings • 501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

17th percentile

-17%

Faster asset growth than 17% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

29%

Faster revenue growth than 83% of similar nonprofits.

2024 filings • 501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets54th percentile

Assets

Down

$26,539

Down $5,384 (-17%) from 2023

Net Assets

Down

$26,539

Down $5,384 (-17%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin13th percentile

Revenue

Up

$29,651

Up $6,749 (+29%) from 2023

Expenses

Down

$35,035

Down $1,713 (-4.7%) from 2023

Net Income

Up

-$5,384

Up $8,462 (+61%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth17th 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

2024

Assets$26,539
Liabilities$0
Net Assets$26,539
Open 2024 Filing

Operations Trend

Revenue Growth83rd 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

2024

Revenue$29,651
Expenses$35,035
Net Income-$5,384
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 12, 2025
Return Version
2024v5.1
Gross Receipts
$29,651
Mission and Program Overview

Mission

Flying club for the enjoyment of members

Program Services

DescriptionGrantsExpenses
GATHERING OF MEMBERS FOR ENTERTAINMENT-$0
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD KOCKENOfficerPT$0--
MARK NAUMOWICZOfficerPT$0--
STEVE NOLENOfficerPT$0--
ARNOLD QUASTOfficerPT$0--
JEFFREY HILL JROfficerPT$0--
Filing and Contact Details

Filer

Filer Name
Midwest Sky Chasers Nfp
EIN
82-5123498
In Care Of
% RICHARD KOCKEN
Phone
8153554597
Address
1911 LAWNDALE DRIVE, ALGONQUIN, IL 60102

Signing Officer

Name
Richard Kocken
Title
Officer
Phone
8153554597
Signed
2025-04-12
Discuss with paid preparer
Yes

Preparer

Firm
Diamond Financial Accounting LLC
Address
6959 N NATIONAL DRIVE, PARKVILLE, MO 64152-4948
Preparer
Joe Diamond CPA Cfp Ea Mst
Phone
8478848500
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountdepreciation from 4562 8,545aircraft insurance 1,020database subscription 802aircraft annual inspection 8,032aircraft maintenance 2,710tax preparation 300gifts (mechanic, etc) 50fuel reimbursements to members 6,733”

Description of other assets Part II line 24

“Category beginning of year end of yearaircraft 3,416 0computer 27 0avionics 1,651 0auto pilot 8,629 5,178”

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

“NO BUSINESS INCOME”

Raw XML Appendix122 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/BOYAmt018200
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt021361
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5384
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0325
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt031923
IRS990EZ/Form990TotalAssetsGrp/EOYAmt026539
IRS990EZ/GrossReceiptsAmt029651
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt029651
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt031923
IRS990EZ/NetAssetsOrFundBalancesEOYAmt026539
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt031923
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt026539
IRS990EZ/OccupancyRentUtltsAndMaintAmt06518
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/PersonNm4JEFFREY HILL JR
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/BOYAmt013723
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05178
IRS990EZ/OtherExpensesTotalAmt028192
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FLYING CLUB FOR THE ENJOYMENT OF MEMBERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GATHERING OF MEMBERS FOR ENTERTAINMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt035035
IRS990EZ/TotalRevenueAmt029651
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTDEPRECIATION FROM 4562 8,545AIRCRAFT INSURANCE 1,020DATABASE SUBSCRIPTION 802AIRCRAFT ANNUAL INSPECTION 8,032AIRCRAFT MAINTENANCE 2,710TAX PREPARATION 300GIFTS (MECHANIC, ETC) 50FUEL REIMBURSEMENTS TO MEMBERS 6,733
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARAIRCRAFT 3,416 0COMPUTER 27 0AVIONICS 1,651 0AUTO PILOT 8,629 5,178
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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD KOCKEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum08153554597
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDWEST SKY CHASERS NFP
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0825123498
ReturnHeader/Filer/InCareOfNm0% RICHARD KOCKEN
ReturnHeader/Filer/PhoneNum08153554597
ReturnHeader/Filer/USAddress/AddressLine1Txt01911 LAWNDALE DRIVE
ReturnHeader/Filer/USAddress/CityNm0ALGONQUIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060102
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0993005627
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DIAMOND FINANCIAL ACCOUNTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06959 N NATIONAL DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PARKVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0641524948
ReturnHeader/PreparerPersonGrp/PhoneNum08478848500
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOE DIAMOND CPA CFP EA MST
ReturnHeader/ReturnTs02025-05-01T10:03:47-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,539
Liabilities
$0
Net assets
$26,539
Revenue
$29,651
Expenses
$35,035
Net income
-$5,384
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