Carolinas-Virginia Antique Airplane Foundation Inc
- Assets
- $22.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Walnut Cove, NC
- Founding
- 01/2010
- Data as of
- 12/2018
- EIN
- 27-0739388
Organization Overview
Carolinas-Virginia Antique Airplane Foundation Inc is located in Walnut Cove, NC. The organization was established in 2010. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolinas-Virginia Antique Airplane Foundation 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 12/2018, Carolinas-Virginia Antique Airplane Foundation Inc generated $5.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $2.6k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (15.6%) per year over the past 4 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
2018
Describe the Organization's Program Activity:
Part 3
FACILIATE MISSION THROUGH SPRING AND FALL FLY-INS, NEWSLETTERAND FLY-OUTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Dusenbury President | 5 | $0 | |
Todd Givens Vice President | 5 | $0 | |
Barbara Perkins Treasurer | 5 | $0 | |
Anita Givens Secretary | 5 | $0 | |
Jeff Anderson Director | 5 | $0 | |
John Betts Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,093 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,600 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,129 |
| Other Revenue | $48 |
| Total Revenue | $5,870 |
| 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 | $360 |
| Occupancy, rent, utilities, and maintenance | $616 |
| Printing, publications, postage, and shipping | $726 |
| Other expenses | $924 |
| Total expenses | $2,626 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,771 |
| Other assets | $0 |
| Total assets | $22,771 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,771 |