Olds Forge Flyers Inc
Nonprofit profile at a glance
- EIN
- 386089486
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025
- Location
- Lansing, MI, USA
- Phone
- 5173166764
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $84,862
- Expenses
- $78,996
- Assets
- $409,339
- Liabilities
- $89,346
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Larry Borton (President)
- Richard Best (Vice President)
People named in this filing
- Larry Borton (President)
- Richard Best (Vice President)
- Stephen Harsh (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Olds Forge Flyers provides members (40) with access to aircraft at a reasonable cost for the purposes of instruction, training, recreation and transportation with a special emphasis on encouraging safety.
What it reported doing in 2025
Olds Forge Flyers provides members access to aircraft at a reasonable cost for the purpose of instruction, training, recreation and transportation with a special emphasis on safety.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 54
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.9%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 5.18; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 1.5%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 7.4% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Review — Sustainability: Operating margin scored 56/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- High — Sustainability: Officer compensation ratio scored 12/100.