Piedmont Soaring Society
Nonprofit profile at a glance
- EIN
- 161726127
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Clemmons, NC, USA
- Phone
- 3479271045
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Recreational l Clubs
Reported finances
- Revenue
- $67,165
- Expenses
- $47,818
- Assets
- $112,966
- Liabilities
- $11,164
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- BOB HILLS (PRESIDENT)
- JEFF DAYE (VICE PRESIDENT)
People named in this filing
- GARY GARAVAGLIA (BOARD MEMBER)
- MATT WELBORN (BOARD MEMBER)
- JAKE ALSPAUGH (BOARD MEMBER)
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
We provide a location for members and soaring enthusiasts to enjoy the sport of soaring (motorless flight). As a club, we provide flight equipment, aero tows, and flight instruction. In addition we offer introductory flights for those persons interested in experiencing soaring or joining our club.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 82
- Sustainability: 66
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.4%; rating input score 72
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 28.8%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 2.36; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 4.7% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 14.4% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 72.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $48K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- 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 — Sustainability: Liabilities to assets ratio scored 15/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.