Moccasin Flying Club Inc is located in Chattanooga, TN. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moccasin 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 12/2022, Moccasin Flying Club Inc generated $52.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $38.6k during the year ending 12/2022. While expenses have increased by 2.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MAINTENANCE OF AIRCRAFT USED FOR PROMOTION OF FLYING AND OTHER RELATED, SIMILAR OR INCIDENTAL ACTIVITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Byron Poe President | 5 | $0 | |
Reed Dills Vice President/maintenance | 1.5 | $0 | |
Justin Burke Treasurer | 6.25 | $0 | |
Dale Ingram Secretary | 1.25 | $0 | |
Quentin Fannin Director At Large | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $52,251 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $52,256 |
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 | $25,646 |
Printing, publications, postage, and shipping | $379 |
Other expenses | $12,540 |
Total expenses | $38,565 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $42,276 |
Other assets | $0 |
Total assets | $146,464 |
Total liabilities | $44,586 |
Net assets or fund balances | $101,878 |