Minnesota Soaring Club

Nonprofit profile at a glance

EIN
411883296
IRS 990-EZ coverage
2021–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Stanton, MN, USA
Phone
5072632883
Rating
45
Verdict
MIXED
Rating confidence
Moderate
Sector
Recreation& Sports N.E.C.

Official website

Reported finances

Revenue
$122,387
Expenses
$123,392
Assets
$194,619
Liabilities
$82,999

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • CHRISTOPHER KIMBLE (PRESIDENT)

People named in this filing

  • CHRISTOPHER KIMBLE (PRESIDENT)
  • NICHOLAS REMMES (VICE PRESIDE)
  • WILLIAM GACKI (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Msc is a non-profit organization, open to the public, which focuses on flight training education activities. The program service and major objectives of msc are: (a) to train student pilots, (b) to enable members who have achieved pilot licenses to practice the sport in a safe and proficient manner, and (c) to enable members to have sufficient ongoing experience to maintain skills and currency as required by the federal aviation agency.

What it reported doing in 2024

To enable members to have sufficient ongoing experience to maintain skills and currency as required by the federal aviation agency.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 3
  • Transparency & Controls: 100
  • Sustainability: 45
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 4.9%; rating input score 5
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -0.8%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 1.58; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.43; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -7% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 17.7% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 4.9% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 5/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 31/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.