Civic Intelligence

Cape Fear Flying Association Inc

EIN 93-3772403 • 501(c)4 • Wilmington, NC

Profile

Our mission is to provide a venue for members to participate in their collective passion for aviation and flight by providing members with safe, modern, technically advanced, and well maintained aircraft to fly. In addition, the organization will provide opportunities to advance members' knowledge, safety and piloting skills while encouraging club membership interaction with the general aviation community.

1817 Aviation RdWilmington, NC 28405

www.capefearflyingclub.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

40th percentile

0.00x

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

501(c)4 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.00x

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

501(c)4 • $500k-$1M nonprofits • Source year 2024

Net Margin

40th percentile

1.3%

Higher net margin than 40% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

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

Source year 2024

Revenue Growth

Score unavailable

No value available

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

Source year 2024

Balance Sheet
Liabilities / Assets40th percentile

Assets

$6,963

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$6,963

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue41st percentileNet Margin40th percentile

Revenue

$517,814

No earlier filing loaded for comparison.

Expenses

$510,851

No earlier filing loaded for comparison.

Net Income

$6,963

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0K$6.0K$4.0K$2.0K$0Assets 2024: $6,963Liabilities 2024: $0Net Assets 2024: $6,9632024

Highlighted filing

2024

Assets$6,963
Liabilities$0
Net Assets$6,963
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2024: $517,814Expenses 2024: $510,851Net Income 2024: $6,9632024

Highlighted filing

2024

Revenue$517,814
Expenses$510,851
Net Income$6,963
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$6,963
Liabilities
$0
Net assets
$6,963
Revenue
$517,814
Expenses
$510,851
Net income
$6,963
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$5.18$5.11$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$517,814
Mission and Program Overview

Mission

Our mission is to provide a venue for members to participate in their collective passion for aviation and flight by providing members with safe, modern, technically advanced, and well maintained aircraft to fly. In addition, the organization will provide opportunities to advance members' knowledge, safety and piloting skills while encouraging club membership interaction with the general aviation community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$6,963-
Rtn Earn Endowment Incm Other Fnds$0$6,963▲ $6,963
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$6,963▲ $6,963
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$6,963▲ $6,963
Total Liabilities and Net Assets / Fund Balance$0$6,963▲ $6,963
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Parker BorgetPresidentPT$34,000$34,000

Board Members and Trustees

NameTitle
Andy BaderDirector
Ben ZuckerDirector
Rich WilliamsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$78,911
Program Service Revenue
$438,903
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$6,963
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$450,203
Salaries, Compensation, and Employee Benefits$60,648
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$56,363$954-$57,317
Occupancy$48,108--$48,108
Current Officers, Directors, Trustees, and Key Employees$17,000$17,000-$34,000
Fees for Services Other$21,000$2,345-$23,345
Other Salaries and Wages$22,500--$22,500
Other Expenses$9,479$18,247-$9,479
All Other Expenses$4,339--$4,339
Payroll Taxes$3,089$1,059-$4,148
Information Technology$3,080--$3,080
Office Expenses-$870-$870
Total Functional Expenses$470,376$40,475$0$510,851
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The board is given time to review the tax return before it is filed.”

Form 990, Part VI, Section C, line 19

“The public is entitled to review governing documents upon request.”

Filing and Contact Details

Filer

Filer Name
Cape Fear Flying Association Inc
EIN
93-3772403
Phone
8014727573
Address
1817 Aviation Rd, Wilmington, NC 28405

Signing Officer

Name
Parker Borget
Title
President
Phone
8014727573
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Parker Borget
Formed
2023
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
3
Volunteers
0

Preparer

Firm
BNA CPAs & Advisors
Address
596 Herrons Ferry Rd 5th Floor, Rock Hill, SC 29730
Preparer
Bernard N Ackerman CPA
Phone
8033668371
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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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