Central Virginia Flyers Flying Club Inc is located in Glen Allen, VA.
For the year ending 12/2022, Central Virginia Flyers Flying Club Inc generated $29.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $28.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 2 years. 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
2022
Describe the Organization's Program Activity:
Part 3
OWNED AND MAINTAINED ONE AIRCRAFT FOR THE EDUCATION TRANSPORTATION AND GENERAL USE OF THE MEMBERS OF THE CORPORATION OR THEIR FAMILIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Bennett President | 1 | $0 | |
Eric Deagle Maintenance Officer | 1 | $0 | |
Alan Abbott Secretary | 1 | $0 | |
Kent Carpenter Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $29,016 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $29,016 |
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 | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $28,359 |
Total expenses | $28,359 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $32,168 |
Other assets | $0 |
Total assets | $36,354 |
Total liabilities | $1,034 |
Net assets or fund balances | $35,320 |
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