Sky-Hi Inc
- Assets
- $149.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frederick, MD
- Founding
- 04/2008
- Data as of
- 12/2023
- EIN
- 52-1010428
Organization Overview
Sky-Hi Inc is located in Frederick, MD. The organization was established in 2008. 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. Sky-Hi Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Sky-Hi Inc generated $57.6k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $45.8k during the year ending 12/2023. 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 |
|---|---|---|---|
Larry Jarkey President | 3 | $0 | |
Greg Gillen Vice-President | 5 | $0 | |
Scot Shealer Secretary-Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $35,420 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $22,137 |
| Total Revenue | $57,557 |
| 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 | $5,622 |
| Printing, publications, postage, and shipping | $243 |
| Other expenses | $39,911 |
| Total expenses | $45,776 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,767 |
| Other assets | $0 |
| Total assets | $149,430 |
| Total liabilities | $9,446 |
| Net assets or fund balances | $139,984 |