Nonprofit · EIN 86-3081663
INDEPENDENT FALCON AIRCRAFT OPERATORS ASSOCIATION
Tax-exempt · DALLAS, TX 75209
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $98,785 | $71,749 | $27,036 | $48,018 | $49,217 | -$1,199 |
| December 31, 2024 | 990-EZ | $77,364 | $74,429 | $2,935 | $86,468 | $114,703 | -$28,235 |
| December 31, 2023 | 990-EZ | $53,197 | $50,778 | $2,419 | $81,604 | $112,774 | -$31,170 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Membership dues
- $98,785
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Compensation of officers, directors and key employees
- $616
- Professional fees and payments to contractors
- $616
- Other expenses
- $71,133
Balance sheet and other
- Total assets, start of year
- $86,468
- Total assets, end of year
- $48,018
- Total liabilities, end of year
- $49,217
- Net assets, end of year
- -$1,199
- Cash, savings and investments
- $48,018
- Gross receipts
- $98,785
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA J MOUNTJOY | SECRETARY/TREASURER | 2 | $616 |
| SEAN P LYNCH | PRESIDENT | 5 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA J MOUNTJOY | TREASURER | 2 | $565 |
| SEAN P LYNCH | PRESIDENT | 5 | $0 |
| STEVE HUBBLE | SECRETARY | 3 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA J MOUNTJOY | TREASURER | 2 | $777 |
| SEAN P LYNCH | PRESIDENT | 5 | $0 |
| STEVE HUBBLE | SECRETARY | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 7701 LEMMON AVE, DALLAS, TX 75209-3021
- In care of
- % SEAN LYNCH
- Signed the 990-EZ
- LAURA J MOUNTJOY, TREASURER
- Phone
- (972) 365-9920
- Return prepared by
- LAURA J MOUNTJOY PC
Mission
FACILITATE DISCUSSIONS AND SHARING INFORMATION AMOUNT DASSAULT FALCON OPERATORS.
Program accomplishments
- SHARING IDEAS FOR TROUBLESHOOTING, BEST PRACTICES, SAFETY DISCUSSIONS,AND DISCUSSING MORE ECONOMICALLY VIABLE SOLUTIONS FOR THE OPERATIONOF THE AIRCRAFT. HAS BENEFITED ITS CURRENT 50+MEMBERS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 86-3081663
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y03)
- Assets (IRS master file)
- $48,018
- Income (IRS master file)
- $98,785
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $98,785 | $71,749 | $48,018 | XML |
| 990-EZ | December 2024 | $77,364 | $74,429 | $86,468 | XML |
| 990-EZ | December 2023 | $53,197 | $50,778 | $81,604 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-3081663).
Questions about INDEPENDENT FALCON AIRCRAFT OPERATORS ASSOCIATION
- What is the EIN of INDEPENDENT FALCON AIRCRAFT OPERATORS ASSOCIATION?
- The employer identification number (EIN) of INDEPENDENT FALCON AIRCRAFT OPERATORS ASSOCIATION is 86-3081663.
- Is INDEPENDENT FALCON AIRCRAFT OPERATORS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2022.
- Are donations to INDEPENDENT FALCON AIRCRAFT OPERATORS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INDEPENDENT FALCON AIRCRAFT OPERATORS ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INDEPENDENT FALCON AIRCRAFT OPERATORS ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDEPENDENT FALCON AIRCRAFT OPERATORS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of INDEPENDENT FALCON AIRCRAFT OPERATORS ASSOCIATION?
- The 990-EZ for the year ended December 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $616 (LAURA J MOUNTJOY, SECRETARY/TREASURER).
- How much revenue does INDEPENDENT FALCON AIRCRAFT OPERATORS ASSOCIATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $98,785, expenses of $71,749 and total assets of $48,018 at year end.
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