Eagleville Soaring Inc

“Non-member flights insurance 1,732 aircraft fuel 876 aircraft repairs & maint 2,899 expenses supplies 3,713 interest expense 9,231 insurance 14,623 less: ubit allocation -1,732 refunds 2,336 aircraft fuel 7,401 less: ubit allocation -876 aircraft repair & maint 24,479 less: ubit allocation -2,899 state filing fees 180 tow pilot/cfig reimb 5,125 website expenses 225 ssa dues 4,398 loss-disp obsolete assets 2,113 non-investment depreciation 13,301 total 87,125”

“Accounts receivable 807 0 inventories for sale or use 483 0 aircraft 133,021 133,013 less accumulated depreciation 52,224 65,525 furniture & equipment 5,681 0 less accumulated depreciation 3,567 0 other assets 2,910 2,910 total 87,111 70,398”

“Deferred revenue 3,000 3,000 stem flight liability 7,530 7,530 loans from officers 42,668 24,723 mortgage and other notes payable 197,793 190,330”

“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.”