Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
7th percentile
Higher net margin than 7% of similar nonprofits.
Top Officer Pay
91st percentile
Higher top officer pay than 91% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
22nd percentile
Faster asset growth than 22% of similar nonprofits.
Revenue Growth
12th percentile
Faster revenue growth than 12% of similar nonprofits.
Balance Sheet
Assets
Down$441,587
Down $44,083 (-9.1%) from 2013
Net Assets
Down$434,349
Down $32,513 (-7.0%) from 2013
Liabilities
Down$7,238
Down $11,570 (-62%) from 2013
Revenue And Expenses
Revenue
Down$167,404
Down $47,092 (-22%) from 2013
Expenses
Up$210,299
Up $22,960 (+12%) from 2013
Net Income
Down-$42,895
Down $70,052 (-258%) from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- May 4, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $167,404
Mission and Program Overview
Mission
Not for profit aircraft flying club.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| FLYING CLUB OF SIXTY MEMBERS OPERATING FOUR AIRCRAFT PROVIDING FLIGHT TRAINING AND AIRCRAFT RENTAL AT REASONABLE COSTS THROUGH MUTUAL OWNERSHIP. | - | - |
| PROVIDES BACK-UP AIRCRAFT FOR EMERGENCY GOVERNMENT NEEDS SUCH AS DISASTER RELIEF, TRANSPORTATION OF OFFICIALS, MEDICAL NEEDS, ETC. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CHARLES AXILBUND | President | PT | $0 | - | - |
| MARK WALKER | Vice President | PT | $0 | - | - |
| BOB CARMODY | Secretary | PT | $0 | - | - |
| ADAM ROSENSTEIN | Treasurer | PT | $0 | - | - |
| BOB CUMMING | Safety Chairman | PT | $0 | - | - |
| RANDY STEIN | Maint Chairman | PT | $0 | - | - |
| RICK CLEMENSON | Member Chair | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Air Spacers Inc
- EIN
- 95-2599720
- Phone
- 3103488472
- Address
- 3025 AIRPORT AVE 11, SANTA MONICA, CA 90405
Signing Officer
- Name
- Adam Rosenstein
- Title
- Treasurer
- Signed
- 2015-05-04
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Weir and Fecht
- Address
- 21031 Ventura Blvd Ste 419, Woodland Hills, CA 91364
- Preparer
- Janne Fecht
- Phone
- 8187100900
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $152”
Other Expenses.1012
“Insurance $1203”
Other Expenses.1
“Aircraft variable direct exp $174720”
Other Expenses.2
“Aircraft non-vari direct exp $21294”
Other Expenses.3
“BOOKKEEPING $6694”
Other Expenses.4
“OFFICE EXPENSE $1874”
Other Expenses.5
“MISCELLANEOUS $575”
Other Expenses.6
“SCHEDULE MASTER $544”
Other Expenses.7
“MAINTENANCE SUPPLIES $79”
Other Expenses.8
“PILOT SUPPLIES $77”
Other Expenses.9
“WEBSITE HOSTING $77”
Other Expenses.10
“FEES $10”
Other Assets.1005
“Accounts Receivable - Beginning $12022 Accounts Receivable - Ending $10447”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $2407 Prepaid Expenses and Deferred Charges - Ending $1203”
Other Assets.1
“OTHER CAPITAL ASSETS - Beginning $281496 OTHER CAPITAL ASSETS - Ending $281496”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $15471 Accounts Payable and Accrued Expenses - Ending $1994”
Total Liabilities.1
“LANDING FEES COLLECTION - Beginning $3337 LANDING FEES COLLECTION - Ending $5244”
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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ADAM ROSENSTEIN TREASURER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3103488472 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 7737 KENTWOOD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LOS ANGELES |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90045 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 189745 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 148441 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -42895 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3000 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 485670 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 441587 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 167404 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 29 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 68220 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 466862 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 434349 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 466862 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 434349 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CHARLES AXILBUND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MARK WALKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BOB CARMODY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ADAM ROSENSTEIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | BOB CUMMING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | RANDY STEIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | RICK CLEMENSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | SAFETY CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | MAINT CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | MEMBER CHAIR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 295925 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 293146 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 10382 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 207299 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | NOT FOR PROFIT AIRCRAFT FLYING CLUB. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 99155 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FLYING CLUB OF SIXTY MEMBERS OPERATING FOUR AIRCRAFT PROVIDING FLIGHT TRAINING AND AIRCRAFT RENTAL AT REASONABLE COSTS THROUGH MUTUAL OWNERSHIP. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | PROVIDES BACK-UP AIRCRAFT FOR EMERGENCY GOVERNMENT NEEDS SUCH AS DISASTER RELIEF, TRANSPORTATION OF OFFICIALS, MEDICAL NEEDS, ETC. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 18808 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 7238 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 210299 |
| IRS990EZ/TotalRevenueAmt | 0 | 167404 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.AIRSPACERS.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $152 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Insurance $1203 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | AIRCRAFT VARIABLE DIRECT EXP $174720 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AIRCRAFT NON-VARI DIRECT EXP $21294 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | BOOKKEEPING $6694 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | OFFICE EXPENSE $1874 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | MISCELLANEOUS $575 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | SCHEDULE MASTER $544 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | MAINTENANCE SUPPLIES $79 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | PILOT SUPPLIES $77 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | WEBSITE HOSTING $77 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | FEES $10 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Accounts Receivable - Beginning $12022 Accounts Receivable - Ending $10447 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Prepaid Expenses and Deferred Charges - Beginning $2407 Prepaid Expenses and Deferred Charges - Ending $1203 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | OTHER CAPITAL ASSETS - Beginning $281496 OTHER CAPITAL ASSETS - Ending $281496 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Accounts Payable and Accrued Expenses - Beginning $15471 Accounts Payable and Accrued Expenses - Ending $1994 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | LANDING FEES COLLECTION - Beginning $3337 LANDING FEES COLLECTION - Ending $5244 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2016-03-07 17:11:31Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ADAM ROSENSTEIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-05-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | AIR SPACERS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | AIRS |
| ReturnHeader/Filer/EIN | 0 | 952599720 |
| ReturnHeader/Filer/PhoneNum | 0 | 3103488472 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3025 AIRPORT AVE 11 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SANTA MONICA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90405 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Weir and Fecht |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 21031 Ventura Blvd Ste 419 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Woodland Hills |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 91364 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8187100900 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JANNE FECHT |
| ReturnHeader/ReturnTs | 0 | 2015-05-04T13:43:06-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $441,587
- Liabilities
- $7,238
- Net assets
- $434,349
- Revenue
- $167,404
- Expenses
- $210,299
- Net income
- -$42,895