Yellowstone Flying Club Inc is located in Billings, MT. The organization was established in 1998. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Yellowstone 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 12/2021, Yellowstone Flying Club Inc generated $114.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $87.6k during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 4 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
PROVIDED AFFORDABLE ACCESS TO GENERAL AVIATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Craig Canfield President | 5 | $0 | |
G Jay Badgett Treasurer | 2 | $0 | |
John Vagner Vice-Preside | 2 | $0 | |
Mohammed Fahad Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $65,305 |
Membership dues | $45,884 |
Investment income | $1 |
Gain or Loss | $3,000 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $114,190 |
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 | $2,500 |
Occupancy, rent, utilities, and maintenance | $16,806 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $68,275 |
Total expenses | $87,581 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $21,646 |
Other assets | $0 |
Total assets | $241,693 |
Total liabilities | $93,266 |
Net assets or fund balances | $148,427 |
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