Skys The Limit Flying Club Inc in Findlay, Ohio (OH)
Table of contents:
| Skys The Limit Flying Club Inc | |
| Employer Identification Number (EIN) | 237059771 |
| Name of Organization | Skys The Limit Flying Club Inc |
| Address | 11301 Tr 244, Findlay, OH 45840-9296 |
| Activities | Other recreational activities, Other social activities |
| Subsection | Pleasure, Recreational, or Social Club |
| Ruling Date | 11/1970 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $218,253 |
| Amount of Income | $40,627 |
| Form 990 Revenue Amount | $40,627 |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $48,435 | $43,296 | $42,328 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 |
| Program service revenue including government fees and contracts | $0 | $0 | $21,927 |
| Membership dues and assessments | $26,390 | $22,690 | $18,720 |
| Investment income | $22,045 | $17,413 | $181 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $3,193 | $1,500 |
| Total expenses | $30,665 | $32,927 | $30,516 |
| Total net assets | $138,410 | $148,779 | $160,592 |
| Excess/Deficit for the year | $17,770 | $10,369 | $11,812 |
| Net assets or fund balances at beginning of year | $119,140 | $138,410 | $148,780 |
| Other changes in net assets or fund balances | $1,500 | $0 | $0 |
| Net assets or fund balances at end of year | $148,779 | $160,592 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $188,662 | $190,178 | $187,491 |
| Total liabilities | $50,252 | $41,398 | $26,899 |
| Net assets or fund balances | $138,410 | $148,779 | $160,592 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | Not provided |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
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