South Texas Flying Club

Nonprofit profile at a glance

EIN
822269871
IRS 990-EZ coverage
2018–2020
Forms available
Form 990-EZ 2020
Location
Corpus Christi, TX, USA
Phone
3618273203
Rating confidence
Limited
Sector
Recreational l Clubs

Reported finances

Revenue
$83,646
Expenses
$51,132
Assets
$47,245
Liabilities
$3,024

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • JEFFREY T GREEN (PRESIDENT)
  • ELLEXIS L GREEN (VICE PRESIDENT)

People named in this filing

  • JEFFREY T GREEN (PRESIDENT)
  • ELLEXIS L GREEN (VICE PRESIDENT)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

South Texas flying club is an equity-based club organized for the purpose of providing a safe and enjoyable environment, promoting social fellowship and camaraderie of the club's members through the ownership of private aircraft for the members personal, and recreational flying. Our mission statement is "fun and affordable flying". Stfc provides well-maintained aircraft for members' use at a reasonable cost.

What it reported doing in 2020

Stlc is an equity-base club organized for the purpose of which is to promote and provide a safe, affordable and enjoyable aviation to its members. The club provided this benefits to the current members. In addition to this the club provided social fellowship and camaraderie through the ownership of a private aircraft for personal and recreational flying. This memebers constantly commingle in formal and informal meetings and soical gatherings. For example, monday evening are designated as club membership aircraft maintenance night. All members are encourage to attend and learn maintenance practices and procedures for the club aircraft and stay for the social gathering.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 58
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 38.9%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 0.92; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 43.3% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2018 to 2020
  • 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.

  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.