Nate Abel Flying Club
- Assets
- $203.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 01/2017
- Data as of
- 12/2023
- EIN
- 81-4533424
Organization Overview
Nate Abel Flying Club is located in Fort Worth, TX. The organization was established in 2017. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nate Abel Flying Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Nate Abel Flying Club generated $63.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $44.9k during the year ending 12/2023. 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
OUR ACCOMPLISHMENTS FOR 2023 INCLUDE:- PARTICIPATED IN FLYING 25 YOUTH FOR DISCOVERY FLIGHTS- ATTENDED LOCAL FLY INS TO PROMOTE GENERAL AVIATION- WE HAD ONE MEMBER OBTAIN HIS PRIVATE PILOTS CERTIFICATE- WE HOLD PUBLIC MONTHLY MEETINGS THAT WE CLUB UPDATES, PRESENT TRAINING AND SAFETY TOPICS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Larson Director | 3 | $0 | |
Thomas Barry Director | 7 | $0 | |
John Abel Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $0 |
| Membership dues | $27,892 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $35,287 |
| Total Revenue | $63,279 |
| 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 | $1,750 |
| Occupancy, rent, utilities, and maintenance | $11,456 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,653 |
| Total expenses | $44,859 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,456 |
| Other assets | $0 |
| Total assets | $203,493 |
| Total liabilities | $0 |
| Net assets or fund balances | $203,493 |