Back Forty Flying Club Inc
- Assets
- $240.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Roanoke, IN
- Founding
- 11/1960
- Data as of
- 12/2022
- EIN
- 35-6043209
Organization Overview
Back Forty Flying Club Inc is located in Roanoke, IN. The organization was established in 1960. 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 the central organization for a national or regional group of organizations. Back Forty 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, Back Forty Flying Club Inc generated $126.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $108.8k during the year ending 12/2022. While expenses have increased by 15.4% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Kartman President | 5 | $0 | |
Ryan Bauer Vice President | 2 | $0 | |
Steven Horney Treasurer | 5 | $0 | |
Bob Peters Secretary | 2 | $0 | |
Dan Boyle Maintenance Officer | 5 | $0 | |
Jack Stenger Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $91,214 |
| Investment income | $318 |
| Gain or Loss | $34,557 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $126,089 |
| 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 | $6,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $102,792 |
| Total expenses | $108,792 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,504 |
| Other assets | $0 |
| Total assets | $240,504 |
| Total liabilities | $37,708 |
| Net assets or fund balances | $202,796 |