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Bakalar Flying Club Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 822618182 ✦ Columbus, IN ✦ Designated as a 501(c)(7)

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Overview

What is Bakalar Flying Club Inc?

Bakalar Flying Club Inc, a nonprofit organization, is committed to offering aviation recreation and education. Their mission involves facilitating FAA-required training activities, resulting in numerous members obtaining initial or additional aircraft ratings. In 2022 alone, their members logged an impressive 450 hours of flying. The club's activities contribute to the personal growth and skill development of its members in the realm of aviation.


Official website here: www.flybak.org/

Is Bakalar Flying Club Inc legitimate?

Bakalar Flying Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Bakalar Flying Club Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.flybak.org/

What is the mission statement of Bakalar Flying Club Inc?

Bakalar Flying Club Inc's mission is centered around aviation, specifically offering recreational activities and education. The club is committed to assisting its members in achieving various aircraft ratings through FAA-mandated training programs. The club's activities resulted in approximately 450 hours of flying by its members in 2022, demonstrating its active involvement in aviation.


Official website here: www.flybak.org/

Who is the CEO of Bakalar Flying Club Inc?

Kyle Smith is the President/Maintenance Director of Bakalar Flying Club Inc.


Official website here: www.flybak.org/

What is the revenue of Bakalar Flying Club Inc?

Bakalar Flying Club Inc's revenue in 2022 was $142,593.


Official website here: www.flybak.org/

Who are the executives of Bakalar Flying Club Inc and what are their salaries?

There 5 volunteers at Bakalar Flying Club Inc.


Here are 6 key members and their salaries:


Kyle Smith (President/Maintenance Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Bradley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Olmstead (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Moorman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Reid (Interim Maintenance Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Moore (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.flybak.org/

Where can I find the form 990 for Bakalar Flying Club Inc?

Bakalar Flying Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.flybak.org/

Learn more at the official website: www.flybak.org/

Mission Statement of Bakalar Flying Club Inc

Bakalar Flying Club Inc, a nonprofit organization, is dedicated to providing aviation recreation and education. This mission is evident in their activities, as numerous members have successfully obtained or enhanced their aircraft ratings through FAA-mandated training programs. The club's initiatives encourage aviation enthusiasts to hone their skills, resulting in approximately 450 hours of flying by its members in 2022 alone. By offering aviation recreation and education, Bakalar Flying Club Inc fosters a community of pilots, helping them achieve their aviation goals.

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Impact




October, 2024

Bakalar Flying Club Inc significantly enriches the community in Columbus, IN, by providing valuable opportunities for aviation recreation and education. Through its programs, the club offers members the chance to engage in flying activities, and in 2022 alone, members logged approximately 450 hours of flying. This hands-on experience plays a crucial role in helping individuals achieve initial or additional aircraft ratings through FAA-required training. The club fosters a passion for aviation, promotes skill development, and enhances the overall accessibility of flying for its members, contributing positively to the local aviation culture and community spirit.




This information is meant to be a general summary of Bakalar Flying Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$142,593 (2022)
Expenses
$94,037 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $36,679
  • Program Service Revenue: $105,914
  • Gross Receipts: $255,361

Assets and Liabilities:

  • Total Assets: $201,681
  • Total Liabilities: $4,847
  • Net Assets: $196,834

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Club Member Aircraft Usage & Associated Fees

Revenue

$62,024

Membership Dues

Revenue

$43,890

Organization Details

Founding Year

2017

Principal Officer

Kyle Smith

Main Address

4770 RAY BOLL BLVD, COLUMBUS, IN, 47203

NTEE Category

Code: N50 - Recreation

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