Aaa Flying Club Inc
- Assets
- $289.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- Data as of
- 12/2023
- EIN
- 88-1416152
Organization Overview
Aaa Flying Club Inc is located in Fort Wayne, IN. 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. Aaa Flying Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Aaa Flying Club Inc generated $51.0k 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 (67.1%) each year. All expenses for the organization totaled $137.2k 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
TO PROVIDE SAFE AND AFFORDABLE AIRCRAFT FOR THE CLUBS MEMBERSHIP TO ENJOY. THE CLUB MAINTAINS ONE AIRCRAFT AND OFFERS SOCIAL ACTIVITIES REVOLVING AROUND AVIATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Reitz President | 0 | $0 | |
Douglas Nolt Secretary | 0 | $0 | |
Kevin Kreigh Treasurer | 0 | $0 | |
James Bennett Director | 0 | $0 | |
Reginald Miller Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $50,981 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,981 |
| 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 | $1,364 |
| Occupancy, rent, utilities, and maintenance | $31,706 |
| Printing, publications, postage, and shipping | $13 |
| Other expenses | $104,146 |
| Total expenses | $137,229 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,498 |
| Other assets | $0 |
| Total assets | $289,136 |
| Total liabilities | $0 |
| Net assets or fund balances | $289,136 |