Montgomery Flying Club Inc
- Assets
- $110.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- Data as of
- 12/2023
- EIN
- 26-3634878
Organization Overview
Montgomery Flying Club Inc is located in Montgomery, AL.
For the year ending 12/2023, Montgomery Flying Club Inc generated $105.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $116.2k during the year ending 12/2023. While expenses have increased by 8.6% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED MEMBERS IN A CLUB SETTING EDUCATION IN FLIGHT SAFETY AND OPPORTUNITIES TO FLY AIRCRAFT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kasey Oakley President | 1 | $0 | |
Jason Thornton Vice President | 1 | $0 | |
Jerry Shands Secretary | 1 | $0 | |
Duane Taylor Maintenance Officer | 1 | $0 | |
Rodney Bledsoe Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $50,660 |
| Membership dues | $50,139 |
| Investment income | $5,100 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,899 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $42,045 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $74,149 |
| Total expenses | $116,194 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,570 |
| Other assets | $0 |
| Total assets | $110,908 |
| Total liabilities | $91,284 |
| Net assets or fund balances | $19,624 |