Eagleville Soaring Inc

“Non-member flights insurance 696 aircraft fuel 290 aircraft repairs & maint 981 supplies 180 utilities 127 website 60 ssa dues 188 expenses supplies 3,401 less: ubit allocation -180 loan interest expense 5,338 insurance 14,064 less: ubit allocation -696 aircraft fuel 5,869 less: ubit allocation -290 aircraft repair & maint 20,066 less: ubit allocation -981 state filing fees 30 federal income taxes 1,817 state income taxes 291 website expenses 1,211 less: ubit allocation -60 ssa dues 3,796 less: ubit allocation -188 late penalties paid 26 miscellaneous expense 1 non-investment depreciation 10,188 total 66,225”

“Aircraft 133,013 133,013 less accumulated depreciation 114,060 124,248 other assets 2,910 2,910 total 21,863 11,675”

“Stem flight liability 2,780 0 mortgage and other notes payable 157,974 149,290”

“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.”