Civic Intelligence

Valdez Fly-In Association

EIN 83-3775173 • 501(c)4 • Valdez, AK

Profile

Community Events

PO Box 2825Valdez, AK 99686

www.valdezflyin.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 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

16th percentile

-37%

Higher net margin than 16% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2020

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

30th percentile

-17%

Faster asset growth than 30% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-78%

Faster revenue growth than 10% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$38,713

Down $7,697 (-17%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$38,713

Up $45,717 (+653%) from 2019

Operations
Liabilities / RevenueScore unavailableNet Margin16th percentile

Revenue

Down

$17,556

Down $62,739 (-78%) from 2019

Expenses

Down

$24,038

Down $63,261 (-72%) from 2019

Net Income

Up

-$6,482

Up $522 (+7.5%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth30th percentile

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

$60K$40K$20K$0-$20KAssets 2019: $46,410Net Assets 2019: -$7,0042019Assets 2020: $38,713Net Assets 2020: $38,7132020

Highlighted filing

2020

Assets$38,713
Liabilities-
Net Assets$38,713
Open 2020 Filing

Operations Trend

Revenue Growth10th percentile

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

$100K$50K$0-$50KRevenue 2019: $80,295Expenses 2019: $87,299Net Income 2019: -$7,0042019Revenue 2020: $17,556Expenses 2020: $24,038Net Income 2020: -$6,4822020

Highlighted filing

2020

Revenue$17,556
Expenses$24,038
Net Income-$6,482
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,713
Liabilities
-
Net assets
$38,713
Revenue
$17,556
Expenses
$24,038
Net income
-$6,482
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$38.7$38.7$17.6$24.0$6.48
2019Detailed filing. Detailed filing data is available for this year.$46.4$7.00$80.3$87.3$7.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 10, 2021
Return Version
2020v4.0
Gross Receipts
$17,556
Mission and Program Overview

Mission

To promote economic activity in the city of Valdez Alaska encourage enthusiasm for Alaskan bush flying promote safety in flying and create an engaging community gathering.

Community Events

Program Services

DescriptionGrantsExpenses
Hosting the airshow as a weekend event in May. Aviation enthusiasts and spectators from all over travel to enjoy the aerobatic performances.-$24,038
Host Open Air Market for the vendors to sell their goods and services, similar to a farmers market.--
Organized Pilot Information Sessions with pilot experts and round-table discussions with Alaskas most well known backcountry pilots.--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joe PraxPresident-$0--
Lawrence ChesleyDirector-$0--
Lon RakeSecretary/Treasurer-$0--
Mike WilliamDirector-$0--
Paul SilveiraDirector-$0--
Steve SearlesVice President-$0--
Filing and Contact Details

Filer

Filer Name
Valdez Fly-In Association
EIN
83-3775173
Address
PO Box 2825, VALDEZ, AK 99686

Signing Officer

Name
Joe Prax
Title
Director, President
Signed
2021-03-10
Discuss with paid preparer
Yes

Preparer

Firm
Veit & Veit CPAs
Address
PO Box 269, WILLOW, AK 99688
Preparer
Vincent Veit CPA
Phone
9074957970
Supplemental Narrative

Additional Explanations

990 Part I, Line 16 - Other Expenses

“Legal & Professional Fees, licenses & permits, memberships, office supplies, advertising & marketing, software, event supplies, merchandise”

990 Part I, Line 20 - Other Changes

“Prior period adjustment”

Raw XML Appendix109 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/PersonNm0Rachel Andersen
IRS990EZ/BooksInCareOfDetail/PhoneNum09072551811
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05270 Private Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VALDEZ
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AK
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd099686
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt046410
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt038713
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt017524
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6482
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt015195
IRS990EZ/Form990TotalAssetsGrp/BOYAmt046410
IRS990EZ/Form990TotalAssetsGrp/EOYAmt038713
IRS990EZ/GrossReceiptsAmt017556
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt046410
IRS990EZ/NetAssetsOrFundBalancesEOYAmt038713
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt046410
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt038713
IRS990EZ/OccupancyRentUtltsAndMaintAmt073
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Joe Prax
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Lawrence Chesley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lon Rake
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Mike William
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Paul Silveira
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Steve Searles
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-1215
IRS990EZ/OtherExpensesTotalAmt08770
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Community Events
IRS990EZ/ProgramServiceRevenueAmt032
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Hosting the airshow as a weekend event in May. Aviation enthusiasts and spectators from all over travel to enjoy the aerobatic performances.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Host Open Air Market for the vendors to sell their goods and services, similar to a farmers market.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Organized Pilot Information Sessions with pilot experts and round-table discussions with Alaskas most well known backcountry pilots.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt024038
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt024038
IRS990EZ/TotalProgramServiceExpensesAmt024038
IRS990EZ/TotalRevenueAmt017556
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0www.valdezflyin.com
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Legal & Professional Fees, licenses & permits, memberships, office supplies, advertising & marketing, software, event supplies, merchandise
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Prior period adjustment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990 Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990 Part I, Line 20 - Other Changes
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Joe Prax
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director, President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Valdez Fly-In Association
ReturnHeader/Filer/BusinessNameControlTxt0VALD
ReturnHeader/Filer/EIN0833775173
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 2825
ReturnHeader/Filer/USAddress/CityNm0VALDEZ
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AK
ReturnHeader/Filer/USAddress/ZIPCd099686
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263911401
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Veit & Veit CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 269
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLOW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd099688
ReturnHeader/PreparerPersonGrp/PhoneNum09074957970
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Vincent Veit CPA
ReturnHeader/ReturnTs02021-03-20T12:08:03-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Joe
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Prax
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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