Eagleville Soaring Inc

“Non-member flights supplies 10 insurance 508 aircraft fuel 148 aircraft repairs & maint 214 ssa dues 119 expenses supplies 388 less: ubit allocation -10 loan interest expense 4,714 insurance 19,277 less: ubit allocation -508 aircraft fuel 5,592 less: ubit allocation -148 aircraft repair & maint 8,134 less: ubit allocation -214 state filing fees 10 fed & state income taxes 293 ssa dues 4,531 less: ubit allocation -119 tow pilot/cfig 2,092 member reimbursements 2,149 late penalties paid 2 miscellaneous (rounding) -2 non-investment depreciation 7,520 total 54,700”

“Aircraft 133,013 133,013 less accumulated depreciation 124,248 131,768 other assets 2,910 2,910 total 11,675 4,155”

“Outstanding loan payment 0 1,168 mortgage and other notes payable 149,290 139,980”

“Eagleville soaring is established to promote recreational motorless flight, to encourage, promote and provide for the training of members in the skills and safety practices of soaring and gliding and to provide and make available to members the facilities and equipment for soaring and gliding.”