Bell Ornithopters Flying Club
- Assets
- $361.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Lake, CO
- Founding
- 03/1975
- Data as of
- 12/2023
- EIN
- 23-7438063
Organization Overview
Bell Ornithopters Flying Club is located in East Lake, CO. The organization was established in 1975. 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. Bell Ornithopters Flying Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Bell Ornithopters Flying Club generated $98.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $90.6k during the year ending 12/2023. While expenses have increased by 11.9% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
PREFORMED 3 NEW MEMBER CHECK RIDES, 18 FLIGHT REVIEWS (BFR) CHECK RIDES 1 SEL RATING, 1 SELI RATING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Rabon President | 8 | $0 | |
Mike Carmody Vice President | 2 | $0 | |
Chris Pankratz Secretary & Web Master | 8 | $0 | |
Lew Mccain Treasurer & Maintenance Crew Chief | 12 | $0 | |
Bob Brugger Director | 2 | $0 | |
Chris Dingman Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $95,598 |
| Investment income | $2,512 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,110 |
| 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 | $88,495 |
| Printing, publications, postage, and shipping | $288 |
| Other expenses | $1,842 |
| Total expenses | $90,625 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,687 |
| Other assets | $0 |
| Total assets | $361,238 |
| Total liabilities | $82,502 |
| Net assets or fund balances | $278,736 |