Hill Flying Club Inc
- Assets
- $496.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clearfield, UT
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 32-0447587
Organization Overview
Hill Flying Club Inc is located in Clearfield, UT. The organization was established in 2015. 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. Hill 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, Hill Flying Club Inc generated $96.0k 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 (10.5%) each year. All expenses for the organization totaled $59.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Malmberg President | 8 | $0 | |
Lucien Butler Vice Preside | 5 | $0 | |
John Whitney Treasurer | 10 | $0 | |
Mark Lawton Maintenance | 12 | $0 | |
Kolin Vance Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $18,554 |
| Membership dues | $77,245 |
| Investment income | $217 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,016 |
| 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 | $19,857 |
| Printing, publications, postage, and shipping | $262 |
| Other expenses | $39,726 |
| Total expenses | $59,845 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $159,205 |
| Other assets | $0 |
| Total assets | $495,962 |
| Total liabilities | $59,069 |
| Net assets or fund balances | $436,893 |