Civic Intelligence

Nefc

EIN 83-3891487 • 501(c)7 • Fremont, NH

Profile

Encourage interest in aviation, bring more people the benefits and enjoyment of flying at economical rates through social, recreational, and educational activities of flying.

45 Thunder RdFremont, NH 03044

www.newenglandflyingclub.com

Siviq Scores

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

Liabilities / Assets

95th percentile

0.86x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

96th percentile

1.36x

Higher debt load relative to revenue than 96% of similar nonprofits.

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

Net Margin

36th percentile

-2.1%

Higher net margin than 36% of similar nonprofits.

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.

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

Asset Growth

96th percentile

131%

Faster asset growth than 96% of similar nonprofits.

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

Revenue Growth

84th percentile

30%

Faster revenue growth than 84% of similar nonprofits.

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

Assets

Up

$214,266

Up $121,668 (+131%) from 2023

Liabilities

Up

$183,820

Up $124,512 (+210%) from 2023

Net Assets

Down

$30,446

Down $2,844 (-8.5%) from 2023

Revenue

Up

$135,394

Up $30,891 (+30%) from 2023

Expenses

Up

$138,238

Up $27,008 (+24%) from 2023

Net Income

Up

-$2,844

Up $3,883 (+58%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2021: $91,051Liabilities 2021: $65,363Net Assets 2021: $25,6882021Assets 2022: $102,586Liabilities 2022: $62,569Net Assets 2022: $40,0172022Assets 2023: $92,598Liabilities 2023: $59,308Net Assets 2023: $33,2902023Assets 2024: $214,266Liabilities 2024: $183,820Net Assets 2024: $30,4462024

Highlighted filing

2024

Assets$214,266
Liabilities$183,820
Net Assets$30,446

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2021: $101,487Expenses 2021: $65,108Net Income 2021: $36,3792021Revenue 2022: $103,761Expenses 2022: $89,432Net Income 2022: $14,3292022Revenue 2023: $104,503Expenses 2023: $111,230Net Income 2023: -$6,7272023Revenue 2024: $135,394Expenses 2024: $138,238Net Income 2024: -$2,8442024

Highlighted filing

2024

Revenue$135,394
Expenses$138,238
Net Income-$2,844

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 5, 2025
Return Version
2024v5.0
Gross Receipts
$135,394
Mission and Program Overview

Mission

Encourage interest in aviation, bring more people the benefits and enjoyment of flying at economical rates through social, recreational, and educational activities of flying.

Program Services

DescriptionGrantsExpenses
Members flew club planes for social and recreational flying. Members flew with instructors to maintain proficiency and FAA required Bi-Annual Reviews--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul LascariPresident-$0--
Adam BezansonTreasurerPT$0--
Sergey KheyfetsVice President-$0--
Jim BriggsMaintenance DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Nefc
EIN
83-3891487
Phone
6033965531
Address
45 Thunder Rd, Fremont, NH 03044

Signing Officer

Name
Adam Bezanson
Title
Treasurer
Phone
6033965531
Signed
2025-03-05
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Repairs and Maintenence;64312|Fuel;21885|Insurance;10167|Aircraft Storage;2958|Computer Software and Subscriptions;1604|Administration;13653|Aircraft Loan;16038|Loan Interest Bezanson;652|Loan Interest Kheyfets;652|Loan Interest Lascari;489|Loan Interest Hockey;326|Loan Interest Schwegler;326|Loan Interest Villamil;163|Loan Interest Santos;163^Total;133388^

Form 990-EZ, Part II, Line 24

Description;EOY Amount^Accounts Receivable;1117|Piper Archer;55000|Cessna Cardinal;44687^Total;100804^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^Banterra Bank Loan;55818|First Pryority Bank Loan;47446|Member Loan;80556^Total;183820^

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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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt214216
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt39477
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt64739
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd60
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Aircraft Purchase
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Aircraft Purchase
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2Aircraft Purchase
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3Aircraft Purchase
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4Aircraft Purchase
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Adam Bezanson
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Sergey Kheyfets
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2Paul Lascari
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3Eric Schwegler
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4Collin Hockey
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5Ricardo Villamil
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm6William Santos
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Treasurer
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Vice President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3Member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4Member
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd61
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0Members of flying club provide loan to purchase aircraft
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part II
IRS990ScheduleL/TotalBalanceDueAmt080556
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Repairs and Maintenence;64312|Fuel;21885|Insurance;10167|Aircraft Storage;2958|Computer Software and Subscriptions;1604|Administration;13653|Aircraft Loan;16038|Loan Interest Bezanson;652|Loan Interest Kheyfets;652|Loan Interest Lascari;489|Loan Interest Hockey;326|Loan Interest Schwegler;326|Loan Interest Villamil;163|Loan Interest Santos;163^Total;133388^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^Accounts Receivable;1117|Piper Archer;55000|Cessna Cardinal;44687^Total;100804^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^Banterra Bank Loan;55818|First Pryority Bank Loan;47446|Member Loan;80556^Total;183820^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Adam Bezanson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06033965531
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEFC
ReturnHeader/Filer/BusinessNameControlTxt0NEFC
ReturnHeader/Filer/EIN0833891487
ReturnHeader/Filer/PhoneNum06033965531
ReturnHeader/Filer/USAddress/AddressLine1Txt045 Thunder Rd
ReturnHeader/Filer/USAddress/CityNm0Fremont
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NH
ReturnHeader/Filer/USAddress/ZIPCd003044
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-04-13T20:45:42-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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