LEARN BUILD FLY INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LEARN BUILD FLY INC (EIN 47-3287245)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-15
IRS object ID
202421369349303552
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-15T09:41:30-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN391336018PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GASSNER COMPANY SCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1117 S 3RD AVEAddressLine1Txt
CityWAUSAUCityNm
State AbbreviationWIStateAbbreviationCd
ZIP544014635ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN473287245EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LEARN BUILD FLY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLEARBusinessNameControlTxt
Phone7152985560PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1917 N 6TH AVEAddressLine1Txt
CityWAUSAUCityNm
State AbbreviationWIStateAbbreviationCd
ZIP54401ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID CONRADPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7152985560PhoneNum
Signature2024-05-15SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDAVIDPersonFirstNm
Person LastCONRADPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALEXANDER J GASSNER CPAPreparerPersonNm
PTINP01978641PTIN
Phone7158459231PhoneNum
Preparation2024-05-09PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDAVID CONRADPrincipalOfficerNm
Gross Receipts$207,842GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LEARNBUILDFLY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Activity Or MissionLEARN BUILD FLY IS A NON-PROFIT ORGANIZATION FOCUSED ON PROMOTING AND ENCOURAGING RECREATIONAL AVIATION AND STEM LEARNING THROUGH EXPLORING, BUILDING AND FLYING AIRCRAFT. BY TEACHING MEMBERS THE FUNDAMENTALS OF AIRCRAFT SAFETY, DESIGN AND CONSTRUCTION, WE ARE INSPIRING THE NEXT GENERATION OF AVIATION ENTHUSIASTS TO BECOME ANYTHING FROM PILOTS AND BUILDERS TO MECHANICS AND ENGINEERS.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$155,950PYContributionsGrantsAmt
CY Contributions Grants$207,605CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$44CYInvestmentIncomeAmt
CY Other Revenue$193CYOtherRevenueAmt
PY Total Revenue$155,950PYTotalRevenueAmt
CY Total Revenue$207,842CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$71,742PYOtherExpensesAmt
CY Other Expenses$102,630CYOtherExpensesAmt
PY Total Expenses$71,742PYTotalExpensesAmt
CY Total Expenses$102,630CYTotalExpensesAmt
PY Revenues Less Expenses$84,208PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$105,212CYRevenuesLessExpensesAmt
Total Assets BOY$722,446TotalAssetsBOYAmt
Total Assets EOY$824,136TotalAssetsEOYAmt
Total Liabilities BOY$625TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$721,821NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$824,136NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionLEARN BUILD FLY IS A NON-PROFIT ORGANIZATION FOCUSED ON PROMOTING AND ENCOURAGING RECREATIONAL AVIATION AND STEM LEARNING THROUGH EXPLORING, BUILDING AND FLYING AIRCRAFT. BY TEACHING MEMBERS THE FUNDAMENTALS OF AIRCRAFT SAFETY, DESIGN AND CONSTRUCTION, WE ARE INSPIRING THE NEXT GENERATION OF AVIATION ENTHUSIASTS TO BECOME ANYTHING FROM PILOTS AND BUILDERS TO MECHANICS AND ENGINEERS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$102,630ExpenseAmt
DescLEARN BUILD FLY IS A NON-PROFIT ORGANIZATION FOCUSED ON PROMOTING AND ENCOURAGING RECREATIONAL AVIATION AND STEM LEARNING THROUGH EXPLORING, BUILDING AND FLYING AIRCRAFT. BY TEACHING MEMBERS THE FUNDAMENTALS OF AIRCRAFT SAFETY, DESIGN AND CONSTRUCTION, WE ARE INSPIRING THE NEXT GENERATION OF AVIATION ENTHUSIASTS TO BECOME ANYTHING FROM PILOTS AND BUILDERS TO MECHANICS AND ENGINEERS.Desc
Total Program Service Expenses$102,630TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDAN RAUSCHERPersonNm
Phone7155701138PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1917 N 6TH AVEAddressLine1Txt
Address Line2917 N 6TH AVEAddressLine2Txt
CityWAUSAUCityNm
State AbbreviationWIStateAbbreviationCd
ZIP54403ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DAVID CONRAD
PRESIDENT5.00Yes (X)$0$0$0
SCOTT FELDBRUEGGE
SECRETARY5.00Yes (X)$0$0$0
WYNN JONES
BOARD MEMBER5.00Yes (X)$0$0$0
KURT MEHRE
BOARD MEMBER5.00Yes (X)$0$0$0
DAN RAUSCHER
TREASURER5.00Yes (X)$0$0$0
JENNIFER RAUSCHER
VICE PRESIDE5.00Yes (X)$0$0$0
ROBERT WALDINGER
BOARD MEMBER5.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$207,605AllOtherContributionsAmt
Total Contributions$207,605TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$44TotalRevenueColumnAmt
Related Or Exempt Func Income$44RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescSCRAP INCOMEDesc
Total Revenue Column$193TotalRevenueColumnAmt
Related Or Exempt Func Income$193RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$193OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$207,842TotalRevenueColumnAmt
Related Or Exempt Func Income$237RelatedOrExemptFuncIncomeAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,850TotalAmt
Program Services$2,850ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,231TotalAmt
Program Services$2,231ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,671TotalAmt
Program Services$1,671ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$19,512TotalAmt
Program Services$19,512ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$31,574TotalAmt
Program Services$31,574ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,411TotalAmt
Program Services$4,411ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
AVIATION SERVICES$27,410$27,410
OPERATING SUPPLIES$9,064$9,064
BUILDING / EQUIP REPAIRS$3,907$3,907

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$102,630TotalAmt
Program Services$102,630ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$194,135BOYAmt
EOY$128,476EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$783,279LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$117,667LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$528,311BOYAmt
EOY$665,612EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$30,048EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$722,446BOYAmt
EOY$824,136EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$625BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$625BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$721,821BOYAmt
EOY$824,136EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$721,821BOYAmt
EOY$824,136EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$722,446BOYAmt
EOY$824,136EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$105,212ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$2,897OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$364,719CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$155,950CurrentTaxYearMinus1YearAmt
Current Tax Year$207,605CurrentTaxYearAmt
Total$728,274TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year$237CurrentTaxYearAmt
Total$237TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$364,719CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$155,950CurrentTaxYearMinus1YearAmt
Current Tax Year$207,842CurrentTaxYearAmt
Total$728,511TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$728,511PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$364,719CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$155,950CurrentTaxYearMinus1YearAmt
Current Tax Year$207,842CurrentTaxYearAmt
Total$728,511TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$260,693OtherCostOrOtherBasisAmt
Depreciation$8,356DepreciationAmt
Book Value$252,337BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$522,586OtherCostOrOtherBasisAmt
Depreciation$109,311DepreciationAmt
Book Value$413,275BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$665,612TotalBookValueLandBuildingsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONLEARN BUILD FLY IS A NON-PROFIT ORGANIZATION FOCUSED ON PROMOTING AND ENCOURAGING RECREATIONAL AVIATION AND STEM LEARNING THROUGH EXPLORING, BUILDING AND FLYING AIRCRAFT. BY TEACHING MEMBERS THE FUNDAMENTALS OF AIRCRAFT SAFETY, DESIGN AND CONSTRUCTION, WE ARE INSPIRING THE NEXT GENERATION OF AVIATION ENTHUSIASTS TO BECOME ANYTHING FROM PILOTS AND BUILDERS TO MECHANICS AND ENGINEERS.
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC
FORM 990, PART XI, LINE 9BOOK / TAX DEPRECIATION DIFFERENCE -2,897

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