Finger Lakes Soaring Club Inc
- Assets
- $311.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dansville, NY
- Founding
- 05/1973
- Data as of
- 12/2023
- EIN
- 23-7300346
Organization Overview
Finger Lakes Soaring Club Inc is located in Dansville, NY. The organization was established in 1973. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Finger Lakes Soaring Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Finger Lakes Soaring Club Inc generated $53.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $46.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
309 GLIDER FLIGHTS FOR TEACHING AND EXPOSING GENERAL PUBLIC TO SILENT OR MOTORLESS FLIGHT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jari Wallach President | 10 | $0 | |
James Martin Vice President | 10 | $0 | |
Cyril Kastner Receiving Treasurer | 10 | $0 | |
Richard Roman Disbursing Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $233 |
| Total Program Service Revenue | $33,218 |
| Membership dues | $17,012 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,252 |
| Total Revenue | $53,715 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $4,281 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $42,402 |
| Printing, publications, postage, and shipping | $102 |
| Other expenses | $130 |
| Total expenses | $46,915 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,240 |
| Other assets | $0 |
| Total assets | $311,000 |
| Total liabilities | $11,003 |
| Net assets or fund balances | $299,997 |