Eagleville Soaring Inc

“Line 11 - scholarship benefits of 1,922 were paid in 2016 to two individuals. There was no relationship between the recipients and the organization. Line 20 - prior period adjustment of 3,809”

“Expenses supplies 774 travel & meetings 1,106 interest expense 4,787 insurance 10,431 state registration fee 41 aircraft repair 6,495 registration fees 160 ssa dues 3,702 checkout ride-faa 300 credit card merchant fees 1,529 instructor discounts 3,109 building repair 265 equipment rental & maint 770 sales taxes 4,726 facilities expenses 705 materials 3,618 mowing service 188 aircraft fuel 7,851 refund 49 non-investment depreciation 14,269 total 64,875”

“Prior period adjustments -3,809”

“Accounts receivable 3,500 3,145 inventories for sale or use 0 679 aircraft 133,021 133,021 less accumulated depreciation 25,620 38,922 furniture & equipment 5,681 5,681 less accumulated depreciation 1,636 2,602 other asset 2,910 2,910 security deposit 0 15,000 total 117,856 118,912”

“Civil air patrol training dep 1,530 0 stem flight liability 0 4,680 loans from officers 72,126 59,773”

“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.”