Willamette Valley Soaring Club Inc

EIN: 930853697 501(c)(3) Recreation & Sports

Beaverton, OR

Total Revenue
$248,030
Total Expenses
$223,384
Total Assets
$252,525
Net Assets
$226,425
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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
OR
Tax Period
2022-01-01 to 2022-12-31

Willamette Valley Soaring Club Inc, founded in 1960, is a small nonprofit in the Recreation & Sports sector that reported $248K in total revenue in fiscal year 2022. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $223K left a modest 10% surplus.

Mission

WVSC promotes soaring aviation and glider flight safety to the public by providing facilities, flights, and instruction at the highest standards achievable at an economical cost. WVSC provides introductory flights to expand the soaring experience beyond its general membership.

Program Service Accomplishments

Program 1
Expenses: $215,751 Revenue: $143,638

To provide members with the opportunity to take part in instruction and advanced training in soaring. Members took part in 810 instructional flights, 94 advanced soaring flights and 93 initial...

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To provide members with the opportunity to take part in instruction and advanced training in soaring. Members took part in 810 instructional flights, 94 advanced soaring flights and 93 initial lessons. Primary purpose fulfilled.

Program 2
Expenses: $6,720

To provide the general public with a chance to experience soaring and to consider becoming involved. 154 gift certificates were sold in 2022 and 324 introductory rides were given. WVSC continues to...

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To provide the general public with a chance to experience soaring and to consider becoming involved. 154 gift certificates were sold in 2022 and 324 introductory rides were given. WVSC continues to support other non-profit organizations with donations of gift certificates to help with their fundraising efforts. WVSC donated 42 gift certificates valued at $160 each.

Program 3
Revenue: $45,000

Secured the donation of a high performance glider, a HpH Glasflugel 304CZ for use by advanced members. 11 Member flights over 13.3 hours were flown.

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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 (2022)

Revenue Breakdown

Contributions & Grants $90,350
Program Service Revenue $143,638
Investment Income $2
Other Revenue $14,040
TOTAL REVENUE $248,030

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $222,471
Other Expenses $223,384
TOTAL EXPENSES $223,384

Year-over-Year Comparison

2022 2021 Change
Revenue $248,030 $190,580 +0.3%
Expenses $223,384 $187,684 +0.2%
Net Income $24,646 $2,896 +7.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
2
Employees
N/A
Volunteers
122

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
5
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steve Rander Maintenance Officer 20.00
Director
$0 $0 $0
Terresa Morgan Member At Large 5.00
Director
$0 $0 $0
Ethan Ignatovich Assistant Treasurer 15.00
Director
$0 $0 $0
Bill Brickey Safety Officer 5.00
Officer
$0 $0 $0
Alex Winbow Vice President 5.00
Officer
$0 $0 $0
Tim Culligan President 10.00
Officer
$0 $0 $0
Phillip Bottjen Secretary 15.00
Officer
$0 $0 $0
Marjorie Brickey Treasurer 20.00
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 No data No data No data No data
2022 $248,030 $223,384 $252,525 $24,646
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