Skycrafters Inc
- Assets
- $373.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Johnson City, TN
- Founding
- 07/1986
- Data as of
- 12/2022
- EIN
- 73-6506654
Organization Overview
Skycrafters Inc is located in Johnson City, TN. The organization was established in 1986. 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. Skycrafters 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, Skycrafters Inc generated $177.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $174.4k during the year ending 12/2022. While expenses have increased by 4.0% per year over the past 7 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
TO PROVIDE AIRPLANES FOR MEMBER RECREATIONAL FLYING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Shade President | 2 | $0 | |
Jim Downs Vice Preside | 2 | $611 | |
Dan Miller Treasurer | 5 | $1,412 | |
Larry Daniels Secretary | 5 | $1,207 | |
Dave Holben Director | 1 | $1,207 | |
Jim Bolton Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $121,203 |
| Membership dues | $56,088 |
| Investment income | $645 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $177,936 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $296 |
| Other expenses | $174,141 |
| Total expenses | $174,437 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $173,259 |
| Other assets | $0 |
| Total assets | $373,607 |
| Total liabilities | $115,434 |
| Net assets or fund balances | $258,173 |