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      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
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      <ReconcilationRevenueExpnssAmt>152474</ReconcilationRevenueExpnssAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>false</FSAuditedInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
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        <CurrentTaxYearAmt>24025</CurrentTaxYearAmt>
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        <CurrentTaxYearMinus1YearAmt>131672</CurrentTaxYearMinus1YearAmt>
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      <PublicSupportTotal509Amt>1146071</PublicSupportTotal509Amt>
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        <CurrentTaxYearMinus3YearsAmt>8200</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>8000</CurrentTaxYearMinus2YearsAmt>
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        <CurrentTaxYearMinus3YearsAmt>8200</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>8000</CurrentTaxYearMinus2YearsAmt>
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          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
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        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
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          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
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        <BookValueAmt>298000</BookValueAmt>
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      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>1278716</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>39618</DepreciationAmt>
        <BookValueAmt>1239098</BookValueAmt>
      </BuildingsGrp>
      <EquipmentGrp>
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        <DepreciationAmt>13211</DepreciationAmt>
        <BookValueAmt>75145</BookValueAmt>
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        <OtherCostOrOtherBasisAmt>238731</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>2984</DepreciationAmt>
        <BookValueAmt>235747</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>1847990</TotalBookValueLandBuildingsAmt>
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      <LoansBtwnOrgInterestedPrsnGrp>
        <PersonNm>JIM DAVID</PersonNm>
        <RelationshipWithOrgTxt>BOARD MEMBER</RelationshipWithOrgTxt>
        <LoanPurposeTxt>CAPITAL TO COVER CONSTRUCTION COSTS</LoanPurposeTxt>
        <LoanToOrganizationInd>X</LoanToOrganizationInd>
        <OriginalPrincipalAmt>159080</OriginalPrincipalAmt>
        <BalanceDueAmt>153363</BalanceDueAmt>
        <DefaultInd>false</DefaultInd>
        <BoardOrCommitteeApprovalInd>true</BoardOrCommitteeApprovalInd>
        <WrittenAgreementInd>true</WrittenAgreementInd>
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      <LoansBtwnOrgInterestedPrsnGrp>
        <PersonNm>JIM DAVID</PersonNm>
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        <LoanPurposeTxt>CAPITAL TO COVER VARIOUS PROJECTS</LoanPurposeTxt>
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        <BalanceDueAmt>100000</BalanceDueAmt>
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      <LoansBtwnOrgInterestedPrsnGrp>
        <PersonNm>TOM GANSE</PersonNm>
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    <IRS990ScheduleO documentId="RetDoc7">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>TO PRESERVE THE FRANCONIA AIRPORT FOR FUTURE GENERATIONS OF AVIATION AND OUTDOOR RECREATIONAL USE. TO PROVIDE EDUCATIONAL PROGRAMS AND TRAINING MATERIALS RELATED TO THE SCIENCE AND ART OF MOTORLESS FLIGHT. PROVIDE FLYING EQUIPMENT AND FACILITIES TO ASSIST IN THE PROMOTION AND EDUCATION OF STUDENTS, PILOTS, YOUTH ORGANIZATIONS AND THE GENERAL PUBLIC RELATED TO MOTORLESS FLIGHT AND PUBLIC SAFETY. TO ENCOURAGE, PROMOTE AND PROVIDE FOR THE TRAINING OF KNOWLEDGE, SKILLS AND PRACTICES OF MOTORLESS FLIGHT. TO STUDY AND RESEARCH THE SCIENTIFIC TECHNIQUES OF SOARING IN THE METEOROLOGICAL CONDITION IN THE LOCAL AREA OF THE ORGANIZATION AND TO MAKE THESE FINDINGS AVAILABLE TO THE PUBLIC. TO PROVIDE ENHANCED OPPORTUNITIES FOR MOTORLESS FLIGHT BY FACILITATING OEPRATIONS IN CLOSE PROXIMITY TO THE UNIQUELY FAVORABLE SOARING CONDITIONS IN FRANCONIA, NEW HAMPSHIRE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>TOM GANSE CAROL TEWES PRESIDENT SECRETARY HUSBAND/WIFE</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>990 REVIEWED BY BOARD OFFICERS PRIOR TO FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY VIA ANNUAL STATEMENTS FROM MEMBERS OF ITS GOVERNING BODY, AS WELL AS MONTHLY BOARD MEETINGS WHERE ALL BUSINESS TRANSACTIONS ARE MONITORED AND EITHER APPROVED OR NOT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>DOCUMENTS ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
        <ExplanationTxt>ARCHITECT FEES 2,170 0 0 BUILDING SECURITY 4,234 0 0 TEMPORARY HELP - CONTRACT LBR 8,013 0 0 TOTAL 14,417 0 0</ExplanationTxt>
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  </ReturnData>
</Return>