South Shore Flying Club Inc
- Assets
- $407.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Weymouth, MA
- Founding
- 08/1999
- Data as of
- 12/2021
- EIN
- 04-2654994
Organization Overview
South Shore Flying Club Inc is located in Weymouth, MA. The organization was established in 1999. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Shore Flying Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, South Shore Flying Club Inc generated $88.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $59.6k during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENCOURAGE INTEREST IN AVIATION, BRING MORE PEOPLE THE BENEFITS AND ENJOYMENT OF FLYING AT ECONOMICAL RATES THROUGH SOCIAL, EDUCATIONAL AND RECREATIONAL ACTIVITIES OF FLYING. MEMBERS PARTICIPATE IN FLYINS, FLIGHT TRAINING, FLIGHT EDUCATION AND SOCIAL FLIGHTS.
Describe the Organization's Program Activity:
Part 3
MEMBERS FLEW THE CLUB'S PLANES FOR SOCIAL AND RECREATIONAL FLYING. SOME MEMBERS FLEW WITH INSTRUCTORS TO MAINTAIN PROFICIENCY AND ONE MEMBER COMPLETED AN IFR TRAINING COURSE AND IFR CHECK RIDE.
PROVIDE VOLUNTEERS AT MARSHFIELD MUNICIPAL AIRPORT'S TWO COMMUNITY EVENTS, NAMELY MOLLY MOVIE MANIA AND SAFETY DAY INVOLVING THE DISPLAY OF STATE, MILITARY AND MUNICIPAL REPRESENTATIVES. ONE OF THE CLUB'S PLANES WAS ON DISPLAY AT EACH EVENT. SEVERAL MEMBERS ANSWERED QUESTIONS ASKED BY MEMBERS OF THE PUBLIC AND MEMBERS OF THE PUBLIC WERE INVITED TO SIT IN THE PLANE AND ASK QUESTIONS ABOUT AVIATION AND THE OPERATION OF THE PLANE.
PROVIDE EDUCATIONAL FLIGHTS TO MEMBERS OF THE PUBLIC AND MEMBERS OF YOUNG EAGLES. FOR SOME IT IS THEIR FIRST FLIGHT IN A GENERAL AVIATION AIRCRAFT. MEMBERS EXPLAIN THE DIFFERENCE BETWEEN CONTROLLED AND UNCONTROLLED AIRPORTS WHILE INFORMING THEM OF THE OPPORTUNITIES IN AVIATION ALONG WITH THE COST AND PROCESS INVOLVED WITH OBTAINING A PILOT'S LICENSE. SEVERAL MEMBERS PROVIDED FLIGHTS TO FRIENDS AND PERSONS WHO SHOWED AN INTEREST IN AND WERE GIVEN AN INTRODUCTORY FLIGHT IN THE CLUB'S AIRCRAFT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Porrazzo President And Director | 0.25 | $0 | |
Steven Rusconi Treasurer And Director | 1.5 | $0 | |
Karl Swenson Director | 0.25 | $0 | |
Mark Wilcox Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $37,250 |
| Membership dues | $50,311 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $393 |
| Total Revenue | $87,954 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,350 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,230 |
| Total expenses | $59,580 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,563 |
| Other assets | $0 |
| Total assets | $407,685 |
| Total liabilities | $107,023 |
| Net assets or fund balances | $300,662 |
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