Hokie Flying Club Inc
- Assets
- $146.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Christiansburg, VA
- Founding
- 05/1967
- Data as of
- 12/2021
- EIN
- 54-0793331
Organization Overview
Hokie Flying Club Inc is located in Christiansburg, VA. The organization was established in 1967. 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. Hokie 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 12/2021, Hokie Flying Club Inc generated $80.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $62.6k during the year ending 12/2021. While expenses have increased by 5.0% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE SAFETY IN AVIATION THROUGH, TRAINING, MENTORSHIP, AND COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Honeycutt President | 1 | $0 | |
Bo Webster Treasurer | 2 | $0 | |
Chris Balthis Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $80,070 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,101 |
| 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 | $22,278 |
| Printing, publications, postage, and shipping | $1,130 |
| Other expenses | $39,230 |
| Total expenses | $62,638 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,690 |
| Other assets | $0 |
| Total assets | $146,657 |
| Total liabilities | $49,721 |
| Net assets or fund balances | $96,936 |
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