Wings Over Winyah Flying Club
- Assets
- $257.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Georgetown, SC
- Founding
- Data as of
- 12/2023
- EIN
- 86-2421296
Organization Overview
Wings Over Winyah Flying Club is located in Georgetown, SC. 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. Wings Over Winyah Flying Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Wings Over Winyah Flying Club generated $68.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $65.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
OUR MEMBERS LOGGED APPROXIMATELY 250 FLIGHT HOURS ENABLING THEM TO MAINTAIN REQUIRED FAA CURRENCY, PARTICIPATE IN THE FAA WINGS SAFETY TRAINING PROGRAM, AND OBTAIN ADVANCED RATINGS. WE CONDUCT QUARTERLY SAFETY SEMINARS AND TRAINING ON MAINTENANCE ITEMS, SUCH AS OIL CHANGES, THAT CAN BE LEGALLY ACCOMPLISHED WITHOUT THE INVOLVEMENT OF CERTIFIED AVIATION AIRFRAME AND POWER PLANT PERSONNEL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Mcelveen Director | 0 | $0 | |
Michael Godley Director | 0 | $0 | |
Richard Wiedenhaefer Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $68,689 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,697 |
| 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 | $1,434 |
| Occupancy, rent, utilities, and maintenance | $3,240 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,378 |
| Total expenses | $65,052 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,958 |
| Other assets | $0 |
| Total assets | $257,038 |
| Total liabilities | $139,218 |
| Net assets or fund balances | $117,820 |