Civic Intelligence

Nefc Inc

990EZ • Fiscal year 2024 • EIN 83-3891487

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 05, 2025

Organization Profilewww.newenglandflyingclub.com
45 Thunder RdFremont, NH 03044

(603) 396-5531

Siviq Scores

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

Liabilities / Assets

95th percentile

0.86x

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

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

Liabilities / Revenue

97th percentile

1.36x

Higher debt load relative to revenue than 97% of similar nonprofits.

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

Net Margin

35th percentile

-2.1%

Higher net margin than 35% 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

96th percentile

131%

Faster asset growth than 96% of similar nonprofits.

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

Revenue Growth

84th percentile

30%

Faster revenue growth than 84% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$214,266

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

Net Assets

Down

$30,446

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

Liabilities

Up

$183,820

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

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin35th percentile

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

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$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
Open 2024 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income across loaded years, with this 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
Open 2024 Filing
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
Top Officer Pay94th percentile

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.

Path#Value
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IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Adam Bezanson
IRS990EZ/BooksInCareOfDetail/PhoneNum06033965531
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt045 Thunder Rd
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Fremont
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd003044
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt090089
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0113462
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-2844
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt0214266
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0135394
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt08250
IRS990EZ/InvestmentIncomeAmt0104
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LoansToFromOfficersAmt080556
IRS990EZ/MadeLoansToFromOfficersInd01
IRS990EZ/MembershipDuesAmt069892
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt033290
IRS990EZ/NetAssetsOrFundBalancesEOYAmt030446
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt033290
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt030446
IRS990EZ/OccupancyRentUtltsAndMaintAmt04850
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Paul Lascari
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Adam Bezanson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Sergey Kheyfets
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jim Briggs
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Maintenance Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02509
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0100804
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0133388
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Encourage interest in aviation, bring more people the benefits and enjoyment of flying at economical rates through social, recreational, and educational activities of flying.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt065398
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Members flew club planes for social and recreational flying. Members flew with instructors to maintain proficiency and FAA required Bi-Annual Reviews
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt059308
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0183820
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0138238
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0135394
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.newenglandflyingclub.com
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt018954
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt118954
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt214216
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt39477
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt49477
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt54739
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt64739
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd51
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd61
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd50
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd60
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Aircraft Purchase
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Aircraft Purchase
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2Aircraft Purchase
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3Aircraft Purchase
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4Aircraft Purchase
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5Aircraft Purchase
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt6Aircraft Purchase
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd6X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt020000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt120000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt215000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt310000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt410000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt55000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt65000
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
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5Member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt6Member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd51
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

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
$214,266
Liabilities
$183,820
Net assets
$30,446
Revenue
$135,394
Expenses
$138,238
Net income
-$2,844
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.14$1.84$0.30$1.35$1.38$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.93$0.59$0.33$1.05$1.11$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.03$0.63$0.40$1.04$0.89$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.91$0.65$0.26$1.01$0.65$0.36