North Florida Soaring Society Inc
- Assets
- $102.0k
- Revenue
- $63.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- Data as of
- 01/2023
- EIN
- 90-1042387
Organization Overview
North Florida Soaring Society Inc is located in Jacksonville, FL. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Florida Soaring Society Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 01/2023, North Florida Soaring Society Inc generated $63.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (32.2%) each year. All expenses for the organization totaled $57.7k during the year ending 01/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO INDIVIDUALS 3400 1200 1014 1177
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Weseman President | 10 | $0 | |
Rick Shea Vice-President | 10 | $0 | |
Stephen Larson Secretary | 10 | $0 | |
Arthur Benson Treasurer | 0 | $0 | |
Joseph Campisano Operations | 10 | $0 | |
Brian Thorpe Maintenance | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $106 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $63,671 |
| Total Revenue | $63,777 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $8,770 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48,968 |
| Total operating and administrative expenses | $57,738 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $57,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,154 |
| Savings and temporary cash investments | $40,850 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,080 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $52,925 |
| Total assets | $102,009 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |