Mid-Atlantic Soaring Association Incorporated

Organization Overview

Mid-Atlantic Soaring Association Incorporated is located in Frederick, MD. The organization was established in 2009. 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. Mid-Atlantic Soaring Association Incorporated 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 12/2021, Mid-Atlantic Soaring Association Incorporated generated $124.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $124.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CHARITABLE, EDUCATIONAL, SCIENTIFIC MISSION: TO ADVANCE THE SCIENCE & ART OF MOTORLESS FLIGHT THROUGH FLIGHT INSTRUCTION, YOUTH SCHOLARSHIPS, EDUCATION PROGRAMS; TO PROVIDE FLIGHT EQUIPMENT, & SERVICES FACILITIES TO MEMBERS/COMMUNITY; TO RESEARCH SCIENTIFIC TECHNIQUES OF SOARING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GLIDER FLYING CLUB, APPROXIMATELY 80-120 MEMBERS. PROVIDES LAUNCH SERVICES, STORAGE AND INSTRUCTION. EDUCATION FOR MEMBERS AND GENERAL PUBLIC. COMMUNITY SERVICE ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
David Weaver
President
$0
Mike Harbold
Vice President
$0
Nirmal Mathrani
Treasurer
$0
Michael Cooper-White
Secretary
$0
Jose R Matheus
Director
$0
Danielle Brotto
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,066
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,066
Total Program Service Revenue$141,852
Investment income $1
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$23,575
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $124,566

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mid-Atlantic Soaring Association Incorporated has recieved totaling $750.

Awarding OrganizationAmount
Verizon Foundation

Basking Ridge, NJ

PURPOSE: VIP PAYOUT FOR 09/08/21

$750
View Grant Recipient Profile

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