BFC Flyers Inc
- Assets
- $91.5k
- Revenue
- $407.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Bakersfield, CA
- Founding
- Data as of
- 12/2023
- EIN
- 80-0907621
Organization Overview
BFC Flyers Inc, operating under the name Bakersfiled Flying Club, is located in Bakersfield, CA. Bakersfiled Flying Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
AIRCRAFT AVAILABILITY: A CHALLENGE TO GENERAL AVIATION FLIGHT TRAINING IS THE AVAILABILITY OF PRIVATE PLANESFOR STUDENTS TO RENT. THE CLUB DOES NOT ITSELF OWN ANY AIRCRAFT, BUT RATHER ARRANGES AND SCHEDULES RENTALTIME OF PRIVATE AIRCRAFT AND A FLIGHT SIMULATOR FOR USE BY THE CLUB.
CLUBHOUSE: THE CLUB MAINTAINS AN OFFICE/CLUBHOUSE AT BAKERSFIELD MEADOWS FIELD AIRPORT, WHERE MEMBERS MAYMEET FOR TRAINING, EDUCATIONAL AND SOCIAL PURPOSES. THE OFFICE AND CLUBHOUSE ARE OPEN ONLY TO CLUB MEMBERS,
TRAINING SEMINARS AND SAFETY: THE CLUB WILL SPONSOR AND HOLD SEVERAL TRAINING AND SAFETY SEMINARS EACH YEAR.THESE ACTIVITIES FURTHER THE INTEREST OF AVIATION SAFETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Woodbury President | 10 | $0 | |
Fred Webster Vice President | 10 | $0 | |
Brad Lamb Treasurer | 10 | $0 | |
Donna Webster Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $34,460 |
| 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 | $34,460 |
| Total Program Service Revenue | $360,547 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $407,219 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $57,752 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $415,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,528 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $91,528 |
| Accounts payable and accrued expenses | $24,741 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,741 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $66,787 |
| Total liabilities and net assets/fund balances | $91,528 |