MINDEN SOARING CLUB INC

EIN: 880444125 501(c)(3) Education

MINDEN, NV

Total Revenue
$178,312
Total Expenses
$162,781
Total Assets
$372,975
Net Assets
$368,993
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NV
Principal Officer
Donald Adams
Phone
9259603295
Tax Period
2025-01-01 to 2025-12-31

MINDEN SOARING CLUB INC, founded in 2009, is a small nonprofit in the Education sector that reported $178K in total revenue in fiscal year 2025. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $163K left a modest 9% surplus.

Mission

Promote Amateur Support Of Soaring and Teach All to Fly

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $256,765
Program Service Revenue $0
Investment Income $3,689
Other Revenue $-82,142
TOTAL REVENUE $178,312

Expense Breakdown

Grants Paid $0
Salaries & Benefits $57,449
Fundraising Expenses $196
Program Expenses $132,098
Other Expenses $102,662
TOTAL EXPENSES $162,781

Year-over-Year Comparison

2025 2024 Change
Revenue $178,312 $344,179 -0.5%
Expenses $162,781 $102,767 +0.6%
Net Income $15,531 $241,412 -0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
8

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALAD ADAMS TREASURER 40.0
Officer Director
$0 $0 $0
JAMES LEE PRESIDENT 40.0
Officer
$0 $0 $0
JEFFREY BILYEU SECRETARY 40.0
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $178,312 $162,781 $372,975 $15,531
2024 No data No data No data No data
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