Toledo Flying Club Inc is located in Toledo, WA. The organization was established in 1941. 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. Toledo 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, Toledo Flying Club Inc generated $43.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $41.1k during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 7 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
PROVIDE INSTRUCTION FOR COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Messmore Vice President | 0 | $0 | |
Daniel Kay Secretary | 0 | $0 | |
Dave Elliot Maintenance Officer | 0 | $0 | |
John Roe Member | 0 | $0 | |
Terry King Safety Officer | 0 | $0 | |
Peter Rybar President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $28,989 |
Membership dues | $14,800 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $43,789 |
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 | $3,135 |
Occupancy, rent, utilities, and maintenance | $4,398 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $33,581 |
Total expenses | $41,114 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $31,426 |
Other assets | $0 |
Total assets | $98,478 |
Total liabilities | $1,346 |
Net assets or fund balances | $97,132 |
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