Peninsula Flyers
- Assets
- $37.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 12/2015
- Data as of
- 08/2020
- EIN
- 36-4803889
Organization Overview
Peninsula Flyers is located in Sunnyvale, CA. The organization was established in 2015. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, 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. Peninsula Flyers 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 08/2020, Peninsula Flyers generated $59.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $80.8k during the year ending 08/2020. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
TO ALLOW EACH AND EVERY ATHLETE TO BE ABLE TO ACHIEVE THEIR GOALS AND FULL POTENTIAL. WE WANT THE MEMBERS OF THIS TEAM TO KNOW THAT TRACK DOESNT JUST MAKE YOU FIT BUT ALSO TEACHES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Davidson President | 35 | $10,900 | |
Virginia Verneuil Board Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,554 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,580 |
| Statement of Expenses | |
|---|---|
| Total expenses | $80,793 |
| Balance Sheet | |
|---|---|
| Total assets | $37,321 |
| Total liabilities | $24,491 |
| Net assets or fund balances | $12,830 |
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