Puget Sound Soaring Assoc Inc
- Assets
- $258.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Enumclaw, WA
- Founding
- 02/1992
- Data as of
- 12/2022
- EIN
- 91-1227720
Organization Overview
Puget 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. Puget 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 12/2022, Puget Sound Soaring Assoc Inc generated $66.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $53.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Spencer Moore President | 6 | $0 | |
James B Miller Secretary | 3 | $0 | |
Robert Rackl Bookkeeper | 8 | $0 | |
Grant Nelson Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,686 |
| Total Program Service Revenue | $19,695 |
| Membership dues | $40,196 |
| Investment income | $110 |
| Gain or Loss | $56 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,743 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,745 |
| Salaries, other compensation, and employee benefits | $1,491 |
| Professional fees and other payments to independent contractors | $20 |
| Occupancy, rent, utilities, and maintenance | $23,309 |
| Printing, publications, postage, and shipping | $1,633 |
| Other expenses | $24,773 |
| Total expenses | $52,971 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,960 |
| Other assets | $0 |
| Total assets | $258,335 |
| Total liabilities | $25,567 |
| Net assets or fund balances | $232,768 |