University Of Michigan Flyers Inc

Organization Overview

University Of Michigan Flyers Inc is located in Ann Arbor, MI. The organization was established in 1976. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 12/2022, University Of Michigan Flyers Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Michigan Flyers 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, University Of Michigan Flyers Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 9.8% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

WE PROMOTE A PASSION FOR AVIATION THROUGH OWNERSHIP, LEASE AND MAINTENANCE OF A SMALL FLEET OF AIRCRAFT, AND WITH THAT FLEET, WE PROVIDE PILOT TRAINING, FLIGHT INSTRUCTION AND FLYING TIME TO OUR MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2022, THE MICHIGAN FLYERS OPERATED ELEVEN CESSNA AIRCRAFT, FOR NEARLY 10,000 HOURS OF FLIGHT TIME. WITH MEMBERSHIP NUMBERING IN THE HUNDREDS, ALONG WITH INDEPENDENT CONTRACTOR CFIS, WE SAW DOZENS OF MEMBERS ACHIEVE RATINGS, FROM PRIVATE PILOT TO INSTRUMENT/COMMERCIAL/CFI. THE CLUB MAINTAINED AN EXCELLENT SAFETY RECORD, AND WEATHERED SUPPLY CHAIN CRUNCHES AFFECTING OIL FILTERS AND ENGINE OVERHAULS. THROUGH A NATIONWIDE SHOCK IN FUEL COSTS, THE CLUB CONTINUED ITS EMPHASIS ON AFFORDABILITY, MAKING AVIATION ACCESSIBLE TO THOSE WHO COULDN'T OTHERWISE ACCESS IT. OUR ACTIVITIES WERE LARGELY SUPPORTED THROUGH VOLUNTEER ACTIVITY, INCLUDING A GROUP WHICH MET WEEKLY TO CLEAN AIRCRAFT AND HANGARS. WE GATHERED FOR A NUMBER OF EVENTS, INCLUDING COOKOUTS AND MONTHLY MEMBER MEETINGS, WITH GUEST SPEAKERS PRESENTING ON TOPICS OF AVIATION SAFETY AND OPERATIONS. MANY MEMBERS ORGANIZED AD-HOC TRIPS IN CLUB AIRCRAFT TO DESTINATIONS ACROSS THE COUNTRY, AND SEVERAL TO THE OSHKOSH AIRVENTURE FLY-IN IN WISCONSIN. AIRCRAFT MAINTENANCE WAS ACCOMPLISHED BY PARTTIME STAFF, AND SEVERAL LOCAL MAINTENANCE OPERATORS.


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Board, Officers & Key Employees

Name (title)Compensation
Bruce Williams
General Mana
$9,973
Andy Fowler
President
$0
Chris Ballard
Secretary
$0
Jacob Smith
Treasurer
$0
James Power
Vice-Preside
$0
Sam Terray
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,266,670
Investment income $1,987
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$924
Miscellaneous Revenue$0
Total Revenue $1,267,733

Grants Recieved

Over the last fiscal year, we have identified 1 grants that University Of Michigan Flyers Inc has recieved totaling $50,000.

Awarding OrganizationAmount
Marcia And Michael Klein Foundation

Longboat Key, FL

PURPOSE: PROFESSORSHIP

$50,000
View Grant Recipient Profile

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