Civic Intelligence

Vatsim Inc.

990EZ • Fiscal year 2023 • EIN 88-0609254

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

Organization ProfileVATSIM.NET
3640 Concord Pike 1120Wilmington, DE 19803

(916) 546-5865

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

94th percentile

65%

Higher net margin than 94% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

$30,171

No earlier filing loaded for comparison.

Net Assets

$30,171

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin94th percentile

Revenue

$46,352

No earlier filing loaded for comparison.

Expenses

$16,281

No earlier filing loaded for comparison.

Net Income

$30,071

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$40K$30K$20K$10K$0Assets 2023: $30,171Liabilities 2023: $0Net Assets 2023: $30,1712023Assets 2024: $38,557Liabilities 2024: $0Net Assets 2024: $38,5572024

Highlighted filing

2023

Assets$30,171
Liabilities$0
Net Assets$30,171
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0Revenue 2023: $46,352Expenses 2023: $16,281Net Income 2023: $30,0712023Revenue 2024: $30,885Expenses 2024: $22,499Net Income 2024: $8,3862024

Highlighted filing

2023

Revenue$46,352
Expenses$16,281
Net Income$30,071
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$46,352
Mission and Program Overview

Mission

To provide an online flight simulation network that introduces the public to aviation science concepts and prractices using tutorials and online collaboration to build knowledge and skill sets for real world application and personal growth.

Program Services

DescriptionGrantsExpenses
VIRTUAL AIR TRAFFIC SIMULATION NETWORK ONLINE PLATFORM$0$16,281
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD JENKINSPresident Treasurer-$0--
GUNNAR LINDAHLVice President-$0--
GEORGE S MARINAKISSecretary-$0--
RICHARD CRITZVice President-$0--
MIKE EVANSVice President-$0--
TIMOTHY BARBERVice President-$0--
Filing and Contact Details

Filer

Filer Name
Vatsim Inc
EIN
88-0609254
Phone
9165465865
Address
3640 CONCORD PIKE 1120, WILMINGTON, DE 19803

Signing Officer

Name
Richard Jenkins
Title
President
Phone
9165465865
Signed
2024-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Soper Soper & Weinel Llp
Address
35 EAST SEVENTH STREET SUITE 505, CINCINNATI, OH 45202
Preparer
Steven Andrew Soper CPA
Phone
5132415417
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest. Amount: 1.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: software maintenance storage. Amount: 12779. Description: merchant fees. Amount: 1961. Total to form 990-ez, line 16: 14740.”

Raw XML Appendix158 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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IRS990EZ/BooksInCareOfDetail/PhoneNum09165465865
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WILMINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DE
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019803
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICHARD JENKINS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RICHARD CRITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MIKE EVANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TIMOTHY BARBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt014740
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE AN ONLINE FLIGHT SIMULATION NETWORK THAT INTRODUCES THE PUBLIC TO AVIATION SCIENCE CONCEPTS AND PRRACTICES USING TUTORIALS AND ONLINE COLLABORATION TO BUILD KNOWLEDGE AND SKILL SETS FOR REAL WORLD APPLICATION AND PERSONAL GROWTH.
IRS990EZ/PrintingPublicationsPostageAmt0131
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0VIRTUAL AIR TRAFFIC SIMULATION NETWORK ONLINE PLATFORM
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016281
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt016281
IRS990EZ/TotalProgramServiceExpensesAmt016281
IRS990EZ/TotalRevenueAmt046352
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://VATSIM.NET
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt046351
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt046351
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt046352
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: SOFTWARE MAINTENANCE STORAGE. AMOUNT: 12779. DESCRIPTION: MERCHANT FEES. AMOUNT: 1961. TOTAL TO FORM 990-EZ, LINE 16: 14740.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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.
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD JENKINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09165465865
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VATSIM INC
ReturnHeader/Filer/BusinessNameControlTxt0VATS
ReturnHeader/Filer/EIN0880609254
ReturnHeader/Filer/PhoneNum09165465865
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ReturnHeader/Filer/USAddress/CityNm0WILMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311222293
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SOPER SOPER & WEINEL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt035 EAST SEVENTH STREET SUITE 505
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd045202
ReturnHeader/PreparerPersonGrp/PhoneNum05132415417
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN ANDREW SOPER CPA
ReturnHeader/ReturnTs02024-05-14T06:29:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JENKINS
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,171
Liabilities
$0
Net assets
$30,171
Revenue
$46,352
Expenses
$16,281
Net income
$30,071
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$38.6$0.00$38.6$30.9$22.5$8.39
2023Detailed filing. Detailed filing data is available for this year.$30.2$0.00$30.2$46.4$16.3$30.1