Evergreen Soaring

“This is an educational/recreational organization. It has acquired ownership in various aircraft equipment which allows members to engage in glider flying. The org provides towplanes and gliders to its pilots and provides flight training to its members to become glider pilots. Towplanes also are used to support members of the WA Soaring Community for a number of glider encampments and contest held in 2023. Some pilots own their own aircraft and utilize club towplanes to get pulled aloft. Membership is open to the general public. Dues are paid by members to offset the costs of running the club and flight fees are paid to use gliders and towing equipment. Flight instruction is provided to train non-pipilot members who join to learn to fly gliders and do proficiency checks on pilot members.”

“Description AmountMisc 710Credit Card Rewards 311”

“Description AmountDepreciation from 4562 27,047Amortization from 4562 543Fuel - Towplanes 16,722Bad Debt 1,544Insurance 15,616License 602Fuel 719Misc 320Office Expense 6,800Supplies 112QuickBooks Fee 2,664Interest Expense 439Bank Charges 196WA B&O Tax 175WA Used Tax 11,160”

“Description AmountTo adjustment for prior errors (8,769)”

“Category Beginning of Year End of YearAR 551 4,080Flight related Asset 62,634 166,083Equipment 2,840 1,701Parts Inventory 7,000 7,000Misc 11 0”

“Category Beginning of Year End of YearGift Certificates Issued 280 680Endowment Funds 16,400 16,400Credit Card Payable 1,916 498WA DOR (8,767) 577AP (102) 0Notes Payable 0 30,000”

“In 2023 the club conducted 779 Flight Operations using club gliders of which 462 were instructional flights. Additionally, club towplanes made 789 aero tows to club members and members of the Washington State soaring community.Of the 462 Instructional Flights Club flight instructors soloed two glider students and three other students obtained their Private Pilot Glider Licenses and on Pilot obtained his Commercial Pilot Glider Rating.”