Civic Intelligence

Independent Falcon Aircraft Operators Association

990EZ • Fiscal year 2021 • EIN 86-3081663

Jan 01, 2021 to Dec 31, 2021 • Filed on May 10, 2022

7515 Lemmon Ave Bldg JDallas, TX 75209

(972) 365-9920

Siviq Scores

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

Liabilities / Assets

96th percentile

0.95x

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

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

91st percentile

0.81x

Higher debt load relative to revenue than 91% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Net Margin

47th percentile

4.1%

Higher net margin than 47% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$22,599

No earlier filing loaded for comparison.

Net Assets

$1,102

No earlier filing loaded for comparison.

Liabilities

$21,497

No earlier filing loaded for comparison.

Revenue

$26,613

No earlier filing loaded for comparison.

Expenses

$25,511

No earlier filing loaded for comparison.

Net Income

$1,102

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2021: $22,599Liabilities 2021: $21,497Net Assets 2021: $1,1022021Assets 2022: $12,809Liabilities 2022: $46,398Net Assets 2022: -$33,5892022Assets 2023: $81,604Liabilities 2023: $112,774Net Assets 2023: -$31,1702023Assets 2024: $86,468Liabilities 2024: $114,703Net Assets 2024: -$28,2352024Assets 2025: $48,018Liabilities 2025: $49,217Net Assets 2025: -$1,1992025

Highlighted filing

2021

Assets$22,599
Liabilities$21,497
Net Assets$1,102

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2021: $26,613Expenses 2021: $25,511Net Income 2021: $1,1022021Revenue 2022: $23,164Expenses 2022: $57,855Net Income 2022: -$34,6912022Revenue 2023: $53,197Expenses 2023: $50,778Net Income 2023: $2,4192023Revenue 2024: $77,364Expenses 2024: $74,429Net Income 2024: $2,9352024Revenue 2025: $98,785Expenses 2025: $71,749Net Income 2025: $27,0362025

Highlighted filing

2021

Revenue$26,613
Expenses$25,511
Net Income$1,102
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 10, 2022
Return Version
2021v4.1
Gross Receipts
$26,613
Mission and Program Overview

Mission

Facilitate discussions and sharing information amount dassault falcon operators.

Program Services

DescriptionGrantsExpenses
SHARING IDEAS FOR TROUBLESHOOTING, BEST PRACTICES, SAFETY DISCUSSIONS,AND DISCUSSING MORE ECONOMICALLY VIABLE SOLUTIONS FOR THE OPERATIONOF THE AIRCRAFT. HAS BENEFITED ITS CURRENT 50+MEMBERS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SEAN P LYNCHPresidentPT$0--
LAURA J MOUNTJOYTreasurer-$0--
STEVE HUBBLESecretary-$0--
Filing and Contact Details

Filer

Filer Name
Falcon Jet Owners and Operators Association
EIN
86-3081663
Phone
9723659920
Address
7515 LEMMON AVE BLDG J, DALLAS, TX 75209

Signing Officer

Name
Laura J Mountjoy
Title
Treasurer
Phone
9723659920
Signed
2022-05-10

Preparer

Firm
Laura J Mountjoy Pc
Address
241 MERRIMAN DRIVE, HIGHLAND VILLAGE, TX 75077
Preparer
Laura J Mountjoy Pc
Phone
9723659920
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Dues and subscriptions 50.

Form 990EZ, Part I, Line 16

LICENSE AND FEES 404.

Form 990EZ, Part I, Line 16

MARKETING FEES 14030.

Form 990EZ, Part I, Line 16

Social media management 3000.

Form 990EZ, Part I, Line 16

PAYPAL FEES 14.

Form 990EZ, Part II, Line 26

LOAN-EAP 2404.

Form 990EZ, Part II, Line 26

LOAN-MJP 19093.

Raw XML Appendix141 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/ApplicationPendingInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0LAURA J MOUNTJOY CPA
IRS990EZ/BooksInCareOfDetail/PhoneNum09723659920
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02510 VISTAVIEW DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CORINTH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076210
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt022599
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01102
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08013
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt022599
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt026613
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LoansToFromOfficersAmt021497
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MembershipDuesAmt026613
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01102
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01102
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SEAN P LYNCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LAURA J MOUNTJOY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STEVE HUBBLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt017498
IRS990EZ/PrimaryExemptPurposeTxt0FACILITATE DISCUSSIONS AND SHARING INFORMATION AMOUNT DASSAULT FALCON OPERATORS.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SHARING IDEAS FOR TROUBLESHOOTING, BEST PRACTICES, SAFETY DISCUSSIONS,AND DISCUSSING MORE ECONOMICALLY VIABLE SOLUTIONS FOR THE OPERATIONOF THE AIRCRAFT. HAS BENEFITED ITS CURRENT 50+MEMBERS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt021497
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt025511
IRS990EZ/TotalRevenueAmt026613
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt02404
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt119093
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0EAP-SEAN LYNCH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt1MJP-SEAN LYNCH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0START UP
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1WORKING CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt02404
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt110000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/TotalBalanceDueAmt021497
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DUES AND SUBSCRIPTIONS 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LICENSE AND FEES 404.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MARKETING FEES 14030.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SOCIAL MEDIA MANAGEMENT 3000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAYPAL FEES 14.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LOAN-EAP 2404.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LOAN-MJP 19093.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURA J MOUNTJOY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09723659920
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FALCON JET OWNERS AND OPERATORS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0FALC
ReturnHeader/Filer/EIN0863081663
ReturnHeader/Filer/PhoneNum09723659920
ReturnHeader/Filer/USAddress/AddressLine1Txt07515 LEMMON AVE BLDG J
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075209
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752616920
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LAURA J MOUNTJOY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0241 MERRIMAN DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HIGHLAND VILLAGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075077
ReturnHeader/PreparerPersonGrp/PhoneNum09723659920
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA J MOUNTJOY PC
ReturnHeader/ReturnTs02022-05-25T12:23:35-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LAURA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MOUNTJOY
ReturnHeader/TaxPeriodBeginDt02021-04-21
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings