Yankee Flying Club Inc in Minneapolis, Minnesota (MN)
Table of contents:
| Yankee Flying Club Inc | |
| Employer Identification Number (EIN) | 237004234 |
| Name of Organization | Yankee Flying Club Inc |
| Address | PO BOX 581041, Minneapolis, MN 55458-1041 |
| Activities | Hobby club, Other recreational activities, Other social activities |
| Subsection | Pleasure, Recreational, or Social Club |
| Ruling Date | 09/1969 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $298,625 |
| Amount of Income | $104,600 |
| Form 990 Revenue Amount | $104,600 |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $123,322 | $114,159 | $104,600 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 |
| Program service revenue including government fees and contracts | $54,284 | $46,765 | $36,936 |
| Membership dues and assessments | $68,999 | $67,370 | $67,646 |
| Investment income | $39 | $24 | $18 |
| 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 | $0 | $0 |
| Total expenses | $125,631 | $88,316 | $64,309 |
| Total net assets | $230,578 | $256,421 | $298,056 |
| Excess/Deficit for the year | $-2,309 | $25,843 | $40,291 |
| Net assets or fund balances at beginning of year | $227,687 | $230,578 | $256,421 |
| Other changes in net assets or fund balances | $5,200 | $0 | $1,344 |
| Net assets or fund balances at end of year | $256,421 | $298,056 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $232,481 | $258,331 | $298,625 |
| Total liabilities | $1,903 | $1,910 | $569 |
| Net assets or fund balances | $230,578 | $256,421 | $298,056 |
| 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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| 12 | Ybc Inc | 712 Fairmount Ave, Saint Paul, MN 55105-3520 | MN | 2009-11 | $0 |
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| 17 | Young Presidents Organization Inc, Wpo Twin Cities Chapter Of Ypo | C/O Dianna Anderson 15105 Tyacke Dr, Burnsville, MN 55306 | MN | 1989-03 | $255,325 |
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