Florida Flywheelers Antique Engine Club Inc
- Assets
- $1.6m
- Revenue
- $932.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Meade, FL
- Founding
- 08/1997
- Data as of
- 06/2022
- EIN
- 65-0010838
Organization Overview
Florida Flywheelers Antique Engine Club Inc is located in Fort Meade, FL. The organization was established in 1997. According to its NTEE Classification (N52) the organization is classified as: Fairs, 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. Florida Flywheelers Antique Engine Club Inc 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 06/2022, Florida Flywheelers Antique Engine Club Inc generated $932.1k in total revenue. All expenses for the organization totaled $685.6k during the year ending 06/2022. While expenses have increased by 43.5% per year over the past 3 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRESENT SHOWS FOR PUBLIC TO ATTEND TO SHOWCASE ARTIFACTS FROM EARLY FLORIDA
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENT SHOWS FOR THE PUBLIC TO ATTEND TO SHOWCASE ARTIFACTS FROM EARLY FLORIDA. ACTIVITY INCLUDES ADMISSION TO MUSEUM, SALES FROM OLD GENERAL STORE ENVIRONMENT AND VENDOR RENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Babiarz Director | Trustee | 2 | $0 |
Larry Desrochers Director | Trustee | 2 | $0 |
Doug Eckhoff Director | Trustee | 2 | $0 |
Chuck Gause Director | Trustee | 2 | $0 |
Robert Mohr Director | Trustee | 2 | $0 |
John Nicely Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,532 |
| Investment income | $128 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,704 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $932,085 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $358 |
| Fees for services: Accounting | $2,610 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,283 |
| Office expenses | $1,600 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $95,449 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,004 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,339 |
| Insurance | $100,008 |
| All other expenses | $0 |
| Total functional expenses | $685,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,368 |
| Savings and temporary cash investments | $254,487 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,606,459 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $100,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $34,960 |
| Total liabilities | $134,960 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,471,499 |