Prescott Flying Club Inc
- Assets
- $435.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South St Paul, MN
- Founding
- 03/2002
- Data as of
- 12/2021
- EIN
- 23-7229880
Organization Overview
Prescott Flying Club Inc is located in South St Paul, MN. The organization was established in 2002. 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. Prescott 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, Prescott Flying Club Inc generated $183.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $176.4k during the year ending 12/2021. While expenses have increased by 2.1% 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 Program Activity:
Part 3
FLYING CLUB - 44 SHAREHOLDER/MEMBERS, FOUR AIRCRAFT, NO NON-MEMBER USE OF AIRCRAFT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Leary Jr Treasurer | 5 | $0 | |
Jerry Robertson Secretary | 2 | $0 | |
Tim Wall President | 2 | $0 | |
Daniel Howe Maintenance | 5 | $0 | |
Chuck Jents Vice President/safety | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $107,737 |
| Membership dues | $70,010 |
| Investment income | $941 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,072 |
| Total Revenue | $183,760 |
| 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 | $790 |
| Occupancy, rent, utilities, and maintenance | $119,270 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $56,344 |
| Total expenses | $176,404 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,450 |
| Other assets | $0 |
| Total assets | $435,400 |
| Total liabilities | $89,357 |
| Net assets or fund balances | $346,043 |
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|---|---|---|
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Woodhill Country Club Wayzata, MN | $12,252,723 | $5,942,697 |
Green Bay Country Club Inc Green Bay, WI | $11,578,714 | $7,130,925 |
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Spring Hill Golf Club Wayzata, MN | $14,177,799 | $4,336,296 |
Chenequa Country Club Inc Hartland, WI | $8,162,285 | $3,577,706 |
Tuckaway Country Club Inc Franklin, WI | $8,452,752 | $4,849,926 |
Lake Geneva Country Club Fontana, WI | $6,852,229 | $4,168,458 |
West Bend Country Club West Bend, WI | $5,974,564 | $4,364,708 |