Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Aero Club Seven Inc
EIN 84-2737613 • 501(c)7 • Crosslake, MN
Profile
The purpose of the organization is to encourage and promote an interest in aviation, to advance the knowledge of its members in aeronautical subjects, and to bring to more people the social benefits and pleasures of recreational flying in a club environment.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.69x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
88th percentile
Higher net margin than 88% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
73rd percentile
Faster asset growth than 73% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
Balance Sheet
Assets
Down$113,248
Down $10,051 (-8.2%) from 2024
Liabilities
Down$101,531
Down $990 (-1.0%) from 2024
Net Assets
Down$11,717
Down $9,061 (-44%) from 2024
Revenue
Up$45,922
Up $2,582 (+6.0%) from 2024
Expenses
Down$54,173
Down $12,250 (-18%) from 2024
Net Income
Up-$8,251
Up $14,832 (+64%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $113,248
- Liabilities
- $101,531
- Net assets
- $11,717
- Revenue
- $45,922
- Expenses
- $54,173
- Net income
- -$8,251
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2025 to Dec 31, 2025
- Signed
- Mar 19, 2026
- Return Version
- 2025v4.0
- Gross Receipts
- $45,922
Mission and Program Overview
Mission
The purpose of the organization is to encourage and promote an interest in aviation, to advance the knowledge of its members in aeronautical subjects, and to bring to more people the social benefits and pleasures of recreational flying in a club environment.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE CLUB SEEKS TO BE A NON-PROFIT, SOCIAL ORGANIZATION, ESTABLISHED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF ITS MEMBERS. FINANCIAL SUPPORT OF THE CLUB SHALL BE BY MEMBERSHIP FEES, DUES, AND ASSESSMENTS. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LINDSAY BALMER | President | - | $0 | - | - |
| VICTOR PETERSON | Vice-President | - | $0 | - | - |
| JON FOGARTY | Secretray | - | $0 | - | - |
| MATTHEW BALMER | Treasurer | - | $0 | - | - |
| RICHARD EIDE | Director | - | $0 | - | - |
| SCOTT NICKELSON | Director | - | $0 | - | - |
| BART TAYLOR | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Aero Club Seven Inc
- EIN
- 84-2737613
- Phone
- 2186925263
- Address
- 13817 COUNTY ROAD 36, CROSSLAKE, MN 56442
Signing Officer
- Name
- Matthew Balmer
- Title
- Treasurer
- Phone
- 2186925263
- Signed
- 2026-03-19
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Cliftonlarsonallen Llp
- Address
- 4150 2ND STREET SOUTH SUITE 400, ST CLOUD, MN 56301
- Preparer
- Jason Neumann CPA
- Phone
- 3202035500
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 16,981. Description: other expenses. Amount: 5,895. Total to form 990-ez, line 14: 22,876.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: airplace fuel expense. Amount: 2,883. Description: airplane insurance. Amount: 8,591. Description: airplane maintenance. Amount: 7,534. Description: airport membership dues. Amount: 1,600. Description: interest expense. Amount: 6,221. Description: license and fees. Amount: 599. Description: sales tax. Amount: 1,241. Description: supplies. Amount: 1,000. Total to form 990-ez, line 16: 29,669.”
Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: prior period adjustment. Amount: -810.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: dues receivable. Beg. Of year amount: 2,000. End of year amount: 0. Description: other depreciable assets. Beg. Of year amount: 66,087. End of year amount: 50,388.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: note payable. Beg. Of year amount: 102,521. End of year amount: 101,531.”
Raw XML Appendix140 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/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | MATTHEW BALMER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2186925263 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 13817 COUNTY ROAD 36 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CROSSLAKE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 56442 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5928 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 14858 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -8251 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1628 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 123299 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 113248 |
| IRS990EZ/GrossReceiptsAmt | 0 | 45922 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 49284 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 48002 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 45922 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 20778 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 11717 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 20778 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 11717 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 22876 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | LINDSAY BALMER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | VICTOR PETERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JON FOGARTY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MATTHEW BALMER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | RICHARD EIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | SCOTT NICKELSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | BART TAYLOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE-PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETRAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 68087 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 50388 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -810 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 29669 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PURPOSE OF THE ORGANIZATION IS TO ENCOURAGE AND PROMOTE AN INTEREST IN AVIATION, TO ADVANCE THE KNOWLEDGE OF ITS MEMBERS IN AERONAUTICAL SUBJECTS, AND TO BRING TO MORE PEOPLE THE SOCIAL BENEFITS AND PLEASURES OF RECREATIONAL FLYING IN A CLUB ENVIRONMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE CLUB SEEKS TO BE A NON-PROFIT, SOCIAL ORGANIZATION, ESTABLISHED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF ITS MEMBERS. FINANCIAL SUPPORT OF THE CLUB SHALL BE BY MEMBERSHIP FEES, DUES, AND ASSESSMENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 102521 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 101531 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 54173 |
| IRS990EZ/TotalRevenueAmt | 0 | 45922 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DEPRECIATION. AMOUNT: 16,981. DESCRIPTION: OTHER EXPENSES. AMOUNT: 5,895. TOTAL TO FORM 990-EZ, LINE 14: 22,876. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: AIRPLACE FUEL EXPENSE. AMOUNT: 2,883. DESCRIPTION: AIRPLANE INSURANCE. AMOUNT: 8,591. DESCRIPTION: AIRPLANE MAINTENANCE. AMOUNT: 7,534. DESCRIPTION: AIRPORT MEMBERSHIP DUES. AMOUNT: 1,600. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 6,221. DESCRIPTION: LICENSE AND FEES. AMOUNT: 599. DESCRIPTION: SALES TAX. AMOUNT: 1,241. DESCRIPTION: SUPPLIES. AMOUNT: 1,000. TOTAL TO FORM 990-EZ, LINE 16: 29,669. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: -810. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: DUES RECEIVABLE. BEG. OF YEAR AMOUNT: 2,000. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 66,087. END OF YEAR AMOUNT: 50,388. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: NOTE PAYABLE. BEG. OF YEAR AMOUNT: 102,521. END OF YEAR AMOUNT: 101,531. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MATTHEW BALMER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2186925263 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-03-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | AERO CLUB SEVEN INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | AERO |
| ReturnHeader/Filer/EIN | 0 | 842737613 |
| ReturnHeader/Filer/PhoneNum | 0 | 2186925263 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 13817 COUNTY ROAD 36 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CROSSLAKE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 56442 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 410746749 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CLIFTONLARSONALLEN LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4150 2ND STREET SOUTH SUITE 400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ST CLOUD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 56301 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3202035500 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-03-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JASON NEUMANN CPA |
| ReturnHeader/ReturnTs | 0 | 2026-03-19T10:23:26-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
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