Ten Hi Flyers Inc
- Assets
- $459.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Englewood, CO
- Founding
- 05/2005
- Data as of
- 12/2022
- EIN
- 73-1732140
Organization Overview
Ten Hi Flyers Inc is located in Englewood, CO. The organization was established in 2005. 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. Ten HI 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, Ten HI Flyers Inc generated $148.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $162.0k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE OVER 11500 HOURS OF FLYING TIME TO DUES PAYING MEMBERS OVER THE PAST TWENTY-TWO YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mayfield President | 1 | $0 | |
Steve Combs Vice President | 1 | $0 | |
Ryan Larson VP Of Training | 1 | $0 | |
Brian Steers VP Maintenance | 10 | $0 | |
William Palmer Tresurer | 3 | $0 | |
Ronald Runyan Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $147,214 |
| Investment income | $960 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $282 |
| Total Revenue | $148,456 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $43,136 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $330 |
| Occupancy, rent, utilities, and maintenance | $69,794 |
| Printing, publications, postage, and shipping | $675 |
| Other expenses | $48,053 |
| Total expenses | $161,988 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $387,527 |
| Other assets | $0 |
| Total assets | $459,239 |
| Total liabilities | $139,833 |
| Net assets or fund balances | $319,406 |