Civic Intelligence

Independent Falcon Aircraft Operators Association

990EZ • Fiscal year 2024 • EIN 86-3081663

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 06, 2025

Organization ProfileN/A
7701 Lemmon AveDallas, TX 75209

(972) 365-9920

Siviq Scores

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

Liabilities / Assets

97th percentile

1.33x

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

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

Liabilities / Revenue

97th percentile

1.48x

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

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

Net Margin

53rd percentile

3.8%

Higher net margin than 53% of similar nonprofits.

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

Top Officer Pay

94th percentile

$565

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

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

Asset Growth

60th percentile

6.0%

Faster asset growth than 60% of similar nonprofits.

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

Revenue Growth

90th percentile

45%

Faster revenue growth than 90% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$86,468

Up $4,864 (+6.0%) from 2023

Net Assets

Up

-$28,235

Up $2,935 (+9.4%) from 2023

Liabilities

Up

$114,703

Up $1,929 (+1.7%) from 2023

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin53rd percentile

Revenue

Up

$77,364

Up $24,167 (+45%) from 2023

Expenses

Up

$74,429

Up $23,651 (+47%) from 2023

Net Income

Up

$2,935

Up $516 (+21%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

2024

Assets$86,468
Liabilities$114,703
Net Assets-$28,235
Open 2024 Filing

Operations Trend

Revenue Growth90th percentile

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

2024

Revenue$77,364
Expenses$74,429
Net Income$2,935
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 6, 2025
Return Version
2024v5.0
Gross Receipts
$77,364
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
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAURA J MOUNTJOYTreasurer-$565-$565
SEAN P LYNCHPresidentPT$0--
STEVE HUBBLESecretary-$0--
Filing and Contact Details

Filer

Filer Name
Independent Falcon Aircraft Operators Association
EIN
86-3081663
Phone
9723659920
Address
7701 LEMMON AVE, DALLAS, TX 75209

Signing Officer

Name
Laura J Mountjoy
Title
Treasurer
Phone
9723659920
Signed
2025-03-06
Discuss with paid preparer
Yes

Preparer

Firm
Laura J Mountjoy Pc
Address
2510 VISTAVIEW DR, CORINTH, TX 76210
Preparer
Laura J Mountjoy CPA
Phone
9723659920
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“MARKETING FEES 28440.”

Form 990EZ, Part I, Line 16

“Social media management 14000.”

Form 990EZ, Part I, Line 16

“Conference expenses 2194.”

Form 990EZ, Part I, Line 16

“Travel expenses for conference 369.”

Form 990EZ, Part I, Line 16

“LICENSE AND FEES 95.”

Form 990EZ, Part I, Line 16

“Printing and copying 142.”

Form 990EZ, Part I, Line 16

“Facilities and equipment 28363.”

Form 990EZ, Part I, Line 16

“OFFICE EXPENSE 74.”

Form 990EZ, Part I, Line 16

“OUTSIDE SERVICES 187.”

Form 990EZ, Part II, Line 24

“Receivable from eap trust 2500. 0.”

Form 990EZ, Part II, Line 26

“LOAN-EAP 112774. 114703.”

Raw XML Appendix151 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/AddressChangeInd0X
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/BOYAmt079104
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt086468
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02935
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0565
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt081604
IRS990EZ/Form990TotalAssetsGrp/EOYAmt086468
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt077364
IRS990EZ/GrossReceiptsForPublicUseAmt077364
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LoansToFromOfficersAmt0114703
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MembershipDuesAmt077364
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-31170
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-28235
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-31170
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-28235
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt1565
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/OtherAssetsTotalDetail/BOYAmt02500
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt073864
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/BOYAmt0112774
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0114703
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt074429
IRS990EZ/TotalRevenueAmt077364
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0114703
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt10
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/TotalBalanceDueAmt0114703
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MARKETING FEES 28440.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SOCIAL MEDIA MANAGEMENT 14000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFERENCE EXPENSES 2194.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TRAVEL EXPENSES FOR CONFERENCE 369.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LICENSE AND FEES 95.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRINTING AND COPYING 142.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FACILITIES AND EQUIPMENT 28363.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OFFICE EXPENSE 74.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OUTSIDE SERVICES 187.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9RECEIVABLE FROM EAP TRUST 2500. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10LOAN-EAP 112774. 114703.
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 I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURA J MOUNTJOY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09723659920
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDEPENDENT FALCON AIRCRAFT OPERATORS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0INDE
ReturnHeader/Filer/EIN0863081663
ReturnHeader/Filer/PhoneNum09723659920
ReturnHeader/Filer/USAddress/AddressLine1Txt07701 LEMMON AVE
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075209
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752616920
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LAURA J MOUNTJOY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02510 VISTAVIEW DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORINTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076210
ReturnHeader/PreparerPersonGrp/PhoneNum09723659920
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA J MOUNTJOY CPA
ReturnHeader/ReturnTs02025-03-06T15:49:37-08:00
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
$86,468
Liabilities
$114,703
Net assets
-$28,235
Revenue
$77,364
Expenses
$74,429
Net income
$2,935
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.48$0.49$0.01$0.99$0.72$0.27
2024Detailed filing. Detailed filing data is available for this year.$0.86$1.15$0.28$0.77$0.74$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.82$1.13$0.31$0.53$0.51$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.13$0.46$0.34$0.23$0.58$0.35
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.21$0.01$0.27$0.26$0.01