Three Two Five Echo FC is located in Corinth, TX.
For the year ending 12/2022, Three Two Five Echo FC generated $88.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $84.1k 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 MEMBERS USE OF AIRCRAFT - 8 MEMBERS USED AIRCRAFT FOR PERSONAL TRAVEL AND TRAINING, FOR 107 FLIGHTS TOTALING ABOUT 345 FLIGHT HOURS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Hanson II President | 5 | $0 | |
Josh Kleen Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $88,396 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,396 |
| 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 | $4,500 |
| Printing, publications, postage, and shipping | $20 |
| Other expenses | $79,553 |
| Total expenses | $84,073 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,990 |
| Other assets | $0 |
| Total assets | $321,831 |
| Total liabilities | $300,492 |
| Net assets or fund balances | $21,339 |