High Flying Club Inc
- Assets
- $57.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 02/1973
- Data as of
- 12/2022
- EIN
- 23-7221329
Organization Overview
High Flying Club Inc is located in Fort Wayne, IN. The organization was established in 1973. 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. High 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 12/2022, High Flying Club Inc generated $27.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $14.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 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
PROVIDED CONVENIENT ECONOMICAL FLYING OPPORTUNITIES FOR CLUB MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Orlie Brand Treasurer | 1 | $0 | |
Ron Dick President | 0.5 | $0 | |
Clifford Clarke Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $13,631 |
| Membership dues | $14,027 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,658 |
| 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 | $1,512 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,426 |
| Total expenses | $14,938 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,017 |
| Other assets | $0 |
| Total assets | $57,378 |
| Total liabilities | $12,500 |
| Net assets or fund balances | $44,878 |
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