Pugent Sound Soaring Assoc Inc
- Assets
- $248.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Enumclaw, WA
- Founding
- 02/1992
- Data as of
- 12/2021
- EIN
- 91-1227720
Organization Overview
Pugent Sound Soaring Assoc Inc is located in Enumclaw, WA. The organization was established in 1992. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pugent Sound Soaring Assoc 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, Pugent Sound Soaring Assoc Inc generated $85.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $86.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $129 |
| Total Program Service Revenue | $24,818 |
| Membership dues | $34,560 |
| Investment income | $25,321 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,994 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,486 |
| Salaries, other compensation, and employee benefits | $1,528 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $56,885 |
| Printing, publications, postage, and shipping | $1,381 |
| Other expenses | $24,441 |
| Total expenses | $86,721 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,070 |
| Other assets | $0 |
| Total assets | $248,748 |
| Total liabilities | $31,772 |
| Net assets or fund balances | $216,976 |
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