Inn Flying Club Inc in Gaithersburg, Maryland (MD)

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Inn Flying Club Inc
Employer Identification Number (EIN)526081613
Name of OrganizationInn Flying Club Inc
AddressPO BOX 683, Gaithersburg, MD 20884-0683
ActivitiesOther recreational activities, Other school related activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date08/1968
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$106,428
Amount of Income$87,805
Form 990 Revenue Amount$49,109

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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$49,109
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$35,055
Membership dues and assessments$27,750
Investment income$0
Loss from sale of assets other than inventory$-13,696
Gross amount from sale of assets other than inventory$25,000
Less: cost or other basis and sales expenses$38,696
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$66,729
Total net assets$106,428
Deficit for the year$-17,620
Net assets or fund balances at beginning of year$-10,341
Other changes in net assets or fund balances$134,389
Balance Sheets (for 2012)
Total assets$106,428
Total liabilities$0
Net assets or fund balances$106,428
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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