Civic Intelligence

Evergreen Soaring

990EZ • Fiscal year 2022 • EIN 91-1226995

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 26, 2023

12918 Mukilteo Speedway C-23 STE 17Lynnwood, WA 98087

(206) 498-1986

Siviq Scores

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

Liabilities / Assets

69th percentile

0.03x

Higher debt load relative to assets than 69% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

76th percentile

0.11x

Higher debt load relative to revenue than 76% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Net Margin

19th percentile

-13%

Higher net margin than 19% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Asset Growth

11th percentile

-28%

Faster asset growth than 11% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

30th percentile

-1.2%

Faster revenue growth than 30% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$303,728

Down $115,615 (-28%) from 2021

Net Assets

Down

$294,001

Down $108,724 (-27%) from 2021

Liabilities

Down

$9,727

Down $6,891 (-41%) from 2021

Revenue

Down

$91,435

Down $1,098 (-1.2%) from 2021

Expenses

Up

$103,748

Up $21,408 (+26%) from 2021

Net Income

Down

-$12,313

Down $22,506 (-221%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $364,319Liabilities 2011: $1,0582011Assets 2012: $359,393Liabilities 2012: $9192012Assets 2013: $348,449Liabilities 2013: $7,3562013Assets 2014: $390,840Liabilities 2014: $9,903Net Assets 2014: $380,9372014Assets 2015: $407,568Liabilities 2015: $6,391Net Assets 2015: $401,1772015Assets 2016: $414,191Liabilities 2016: $6,275Net Assets 2016: $407,9162016Assets 2017: $420,134Liabilities 2017: $6,275Net Assets 2017: $413,8592017Assets 2018: $445,851Liabilities 2018: $31,659Net Assets 2018: $414,1922018Assets 2019: $434,735Liabilities 2019: $22,955Net Assets 2019: $411,7802019Assets 2020: $415,595Liabilities 2020: $23,063Net Assets 2020: $392,5322020Assets 2021: $419,343Liabilities 2021: $16,618Net Assets 2021: $402,7252021Assets 2022: $303,728Liabilities 2022: $9,727Net Assets 2022: $294,0012022Assets 2023: $323,969Liabilities 2023: $48,155Net Assets 2023: $275,8142023Assets 2024: $294,902Liabilities 2024: $48,956Net Assets 2024: $245,9462024

Highlighted filing

2022

Assets$303,728
Liabilities$9,727
Net Assets$294,001

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $105,577Expenses 2011: $115,829Net Income 2011: -$10,2522011Revenue 2012: $107,450Expenses 2012: $112,237Net Income 2012: -$4,7872012Revenue 2013: $91,103Expenses 2013: $107,006Net Income 2013: -$15,9032013Revenue 2014: $185,569Expenses 2014: $134,894Net Income 2014: $50,6752014Revenue 2015: $109,429Expenses 2015: $89,790Net Income 2015: $19,6392015Revenue 2016: $112,179Expenses 2016: $105,253Net Income 2016: $6,9262016Revenue 2017: $128,019Expenses 2017: $117,831Net Income 2017: $10,1882017Revenue 2018: $113,263Expenses 2018: $113,234Net Income 2018: $292018Revenue 2019: $96,721Expenses 2019: $99,316Net Income 2019: -$2,5952019Revenue 2020: $59,942Expenses 2020: $78,734Net Income 2020: -$18,7922020Revenue 2021: $92,533Expenses 2021: $82,340Net Income 2021: $10,1932021Revenue 2022: $91,435Expenses 2022: $103,748Net Income 2022: -$12,3132022Revenue 2023: $123,952Expenses 2023: $133,370Net Income 2023: -$9,4182023Revenue 2024: $117,625Expenses 2024: $146,623Net Income 2024: -$28,9982024

Highlighted filing

2022

Revenue$91,435
Expenses$103,748
Net Income-$12,313
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 26, 2023
Return Version
2022v5.0
Gross Receipts
$91,435
Mission and Program Overview

Mission

See statement O-01

Program Services

DescriptionGrantsExpenses
See statement O-06--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terrence SmithPresident-$0--
Bradley JohnsonPresident Elect-$0--
JC HauchercorneSecretary-$0--
Michael DelaneyTreasurerPT$0--
Marton Kun-SzboOperation Director-$0--
Ed WalkerChief Flight Instructor-$0--
Frank ScarabinoChief Tow Pilot-$0--
Filing and Contact Details

Filer

Filer Name
Evergreen Soaring
EIN
91-1226995
Address
12918 Mukilteo Speedway C-23 STE 17, Lynnwood, WA 98087

Signing Officer

Name
Michael Delaney
Title
Treasurer
Phone
2064981986
Signed
2023-04-26
Discuss with paid preparer
No

Preparer

Firm
Will Chen CPA Pllc
Address
22322 76th Ave W, Edmonds, WA 98026
Preparer
Jason Ho
Phone
4253617392
Supplemental Narrative

Additional Explanations

General explanation attachment

This is an educational/recreational organization. We has acquired ownership in various aircraft equipment which allows its members to engage in glider flying. We provides towplanes, and gliders to its pilots and additionally provides flight training to its members to become glider pilots. Club towplanes also are used to support members of the WA State Soaring Community for a number of glider encampments and contest held during 2022. Some glider pilots own their own aircraft and utilize club towplanes to get pulled aloft. Club membership is open to the general public. Dues are paid by members to offset the costs of running the club and flight fees are paid to use gliders and towing equipment. Flight Instruction is provided to train non-pilot members who join to learn to fly glilders.

Description of other revenue Part I line 8

Description AmountMisc 998Credit Card Rewards 381

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 8,156Amortization from 4562 543Fuel - Towplanes 15,768Bad Debt 917Insurance 12,798License 627Fuel 734Misc 3,713Office Expense 4,942Supplies 164QuickBooks Fee 1,981Reconciliation 18

Other changes in net assets or fund balances Part I line 20

Description AmountTo adjustment for prior errors (96,410)

Description of other assets Part II line 24

Category Beginning of Year End of YearAR (2,098) 551Flight related Asset 102,823 62,634Equipment 5,737 2,840Parts Inventory 3,377 7,000Misc 0 11WA DoR overpaid 200 0

Description of total liabilities Part II line 26

Category Beginning of Year End of YearGift Certificates Issued 280 280Endowment Funds 16,400 16,400Credit Card Payable (61) 1,916WA DOR 0 (8,767)AP 0 (102)

Other program services Part III line 31

In 2022 the club conducted 531 Flight Operations using club gliders of which 331 were instructional flights. Additionally, club towplanes made 628 aero tows to club members and members of the Washington State soaring community. Of the 331 Instructional Flights - Club flight instructors soloed four glider students and four other students obtained their Private Pilot Glider Licenses.

Raw XML Appendix149 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/OfficerDirectorTrusteeEmplGrp/PersonNm3Michael Delaney
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Marton Kun-Szbo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Ed Walker
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Frank Scarabino
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This is an educational/recreational organization. We has acquired ownership in various aircraft equipment which allows its members to engage in glider flying. We provides towplanes, and gliders to its pilots and additionally provides flight training to its members to become glider pilots. Club towplanes also are used to support members of the WA State Soaring Community for a number of glider encampments and contest held during 2022. Some glider pilots own their own aircraft and utilize club towplanes to get pulled aloft. Club membership is open to the general public. Dues are paid by members to offset the costs of running the club and flight fees are paid to use gliders and towing equipment. Flight Instruction is provided to train non-pilot members who join to learn to fly glilders.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountMisc 998Credit Card Rewards 381
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountDepreciation from 4562 8,156Amortization from 4562 543Fuel - Towplanes 15,768Bad Debt 917Insurance 12,798License 627Fuel 734Misc 3,713Office Expense 4,942Supplies 164QuickBooks Fee 1,981Reconciliation 18
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description AmountTo adjustment for prior errors (96,410)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Category Beginning of Year End of YearAR (2,098) 551Flight related Asset 102,823 62,634Equipment 5,737 2,840Parts Inventory 3,377 7,000Misc 0 11WA DoR overpaid 200 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Category Beginning of Year End of YearGift Certificates Issued 280 280Endowment Funds 16,400 16,400Credit Card Payable (61) 1,916WA DOR 0 (8,767)AP 0 (102)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6In 2022 the club conducted 531 Flight Operations using club gliders of which 331 were instructional flights. Additionally, club towplanes made 628 aero tows to club members and members of the Washington State soaring community. Of the 331 Instructional Flights - Club flight instructors soloed four glider students and four other students obtained their Private Pilot Glider Licenses.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other program services Part III line 31
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ReturnHeader/Filer/EIN0911226995
ReturnHeader/Filer/USAddress/AddressLine1Txt012918 Mukilteo Speedway C-23 STE 17
ReturnHeader/Filer/USAddress/CityNm0Lynnwood
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098087
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt022322 76th Ave W
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098026
ReturnHeader/PreparerPersonGrp/PhoneNum04253617392
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jason Ho
ReturnHeader/ReturnTs02023-04-27T19:54:47-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michael
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Delaney
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.95$0.49$2.46$1.18$1.47$0.29
2023Detailed filing. Detailed filing data is available for this year.$3.24$0.48$2.76$1.24$1.33$0.09
2022Detailed filing. Detailed filing data is available for this year.$3.04$0.10$2.94$0.91$1.04$0.12
2021Detailed filing. Detailed filing data is available for this year.$4.19$0.17$4.03$0.93$0.82$0.10
2020Detailed filing. Detailed filing data is available for this year.$4.16$0.23$3.93$0.60$0.79$0.19
2019Detailed filing. Detailed filing data is available for this year.$4.35$0.23$4.12$0.97$0.99$0.03
2018Detailed filing. Detailed filing data is available for this year.$4.46$0.32$4.14$1.13$1.13$0.00
2017Detailed filing. Detailed filing data is available for this year.$4.20$0.06$4.14$1.28$1.18$0.10
2016Detailed filing. Detailed filing data is available for this year.$4.14$0.06$4.08$1.12$1.05$0.07
2015Detailed filing. Detailed filing data is available for this year.$4.08$0.06$4.01$1.09$0.90$0.20
2014Detailed filing. Detailed filing data is available for this year.$3.91$0.10$3.81$1.86$1.35$0.51
2013Summary only. Only limited summary data is available for this year.$3.48$0.07$0.91$1.07$0.16
2012Summary only. Only limited summary data is available for this year.$3.59$0.01$1.07$1.12$0.05
2011Summary only. Only limited summary data is available for this year.$3.64$0.01$1.06$1.16$0.10