Three Two Five Echo FC
- Assets
- $298.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corinth, TX
- Founding
- Data as of
- 12/2021
- EIN
- 82-2596263
Organization Overview
Three Two Five Echo FC is located in Corinth, TX. Three Two Five Echo FC 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, Three Two Five Echo FC generated $97.3k in total revenue. All expenses for the organization totaled $69.0k during the year ending 12/2021. While expenses have increased by 123.5% per year over the past 2 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
PROVIDE MEMBERS USE OF AIRCRAFT - 8 MEMBERS USED AIRCRAFT FOR PERSONAL TRAVEL AND TRAINING, FOR 123 FLIGHTS TOTALING ABOUT 315 FLIGHT HOURS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Hanson II President | 5 | $0 | |
Josh Kleen Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $97,250 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,250 |
| 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 | $4,500 |
| Printing, publications, postage, and shipping | $47 |
| Other expenses | $64,485 |
| Total expenses | $69,032 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,075 |
| Other assets | $0 |
| Total assets | $298,397 |
| Total liabilities | $281,381 |
| Net assets or fund balances | $17,016 |
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