Truckee - Tahoe Soaring Association
- Assets
- $143.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Truckee, CA
- Founding
- 04/2015
- Data as of
- 12/2023
- EIN
- 47-2856204
Organization Overview
Truckee - Tahoe Soaring Association is located in Truckee, CA. The organization was established in 2015. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Truckee - Tahoe Soaring Association 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 12/2023, Truckee - Tahoe Soaring Association generated $98.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.5%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE ORGANIZATION IS TO ADVANNCE THE SCIENCE, ART, AND SAFETY OF SOARING FLIGHT IN THE NORTHERN CALIFORNIA AND NEVADA REGION BY EDUCATING AND PROMOTING AWARENESS. THE ORGANIZATION WILL TRAIN ASPIRING PILOTS, PRIMARILY YOUTH, IN SOARING FLIGHT AND PROVIDE A LAUNCH FACILITY FOR GLIDER PILOTS. THE ORGANIZATION WILL ALSO INTRODUCE THE GENERAL PUBLIC TO SOARING FLIGHT AND PROMOTE SAFETY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karol Hines President | 5 | $0 | |
Alex Neigher Vice President | 5 | $0 | |
Steve Wertheimer Treasurer | 5 | $0 | |
Mike Mayo Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,686 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $62 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,748 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $80,086 |
| Professional fees and other payments to independent contractors | $4,154 |
| Occupancy, rent, utilities, and maintenance | $14,510 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $85,042 |
| Total expenses | $183,792 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,781 |
| Other assets | $0 |
| Total assets | $143,736 |
| Total liabilities | $231,777 |
| Net assets or fund balances | -$88,041 |