TY 2024 Form 990EZ

Check if applicable:

Address change

Name change

Initial return

Final return/terminated

Amended return

Application pending

C Name of organization
7B FLYING CLUB INC

Number and street (or P. O. box, if mail is not delivered to street address)PO BOX 51
Room/suite

City or town, state or province, country, and ZIP or foreign postal code SANPOINT, ID83864

D Employer identification number

81-4374314

E Telephone number

(208) 661-7693

F Group Exemption
Number bullet

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? The specific purposes of the Club are to:(a) To promote camaraderie and social fellowship of the Clubs members through theoperation of private aircraft based in Sandpoint, ID.(b) To own or lease, and maintain one or more aircraft for the educational, personal and general use of the membership.(c) To advance the science of aeronautics, develop an interest in aviation amongst the community and to educate the community in safe flying practices.(d) To provide a convenient and affordable means for recreational flying and a means for the improvement and maintenance of their current flying skills.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 The specific purposes of the Club are to:(a) To promote camaraderie and social fellowship of the Clubs members through theoperation of private aircraft based in Sandpoint, ID.(b) To own or lease, and maintain one or more aircraft for the educational, personal and general use of the membership.(c) To advance the science of aeronautics, develop an interest in aviation amongst the community and to educate the community in safe flying practices.(d) To provide a convenient and affordable means for recreational flying and a means for the improvement and maintenance of their current flying skills. (Grants $ ) If this amount includes foreign grants, check here ...			28a	110,056
29 (Grants $ ) If this amount includes foreign grants, check here ...			29a
30 (Grants $ ) If this amount includes foreign grants, check here ...			30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	110,056

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
JON DODGE President	0	0
HALDEN GATES Vice President	0	0
HERB JANSEN Treasurer	0	0
JEREMY KNIGHT MAINTENACE OFF.	0	0
BOB DELVALLE SAFETY OFFICER	0	0

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Other Revenue.1	Aluminum Sales $15961
Other Expenses.1002	Office Expenses $934
Other Expenses.1	Aircraft Upgrades $36979
Other Expenses.2	MAINTENANCE $19952
Other Expenses.3	FUEL $15817
Other Expenses.4	INSURANCE D AND O $13016
Other Expenses.5	HANGAR RENT $10600
Other Expenses.6	AIRCRAFT ANNUAL INSP $6032
Other Expenses.7	LEASE FEES $4864
Other Expenses.8	MAINTENANCE $1057
Other Expenses.9	ALUMINUM SALES & SHIPPING $816
Other Expenses.10	MERCHANT ACCOUNT FEES $572
Other Expenses.11	UTILITIES $570
Other Expenses.12	DOMAIN EXPENSE $406
Other Expenses.13	HANGAR SUPPLIES $362
Other Expenses.14	POSTAGE $182
Other Expenses.15	MISCELLANEOUS FEES $155
Other Expenses.16	LICENSES & FEES $32
Other Assets.1	AIRPLANE - Beginning $60000 AIRPLANE - Ending $60000
Other Assets.2	CREDIT CARD REWARDS - Beginning $281 CREDIT CARD REWARDS - Ending $159
Total Liabilities.1	Unearned Revenue - Beginning $2474 Unearned Revenue - Ending $0
Total Liabilities.2	DEPOSITS - Beginning $5750 DEPOSITS - Ending $6250
Total Liabilities.3	SALES TAX PAYABLE - Beginning $552 SALES TAX PAYABLE - Ending $656
Total Liabilities.4	BLUE SKIES FOUNDATION - Beginning $1695 BLUE SKIES FOUNDATION - Ending $1493

Return Reference

Explanation

Other Revenue.1

Aluminum Sales $15961

Other Expenses.1002

Office Expenses $934

Other Expenses.1

Aircraft Upgrades $36979

Other Expenses.2

MAINTENANCE $19952

Other Expenses.3

FUEL $15817

Other Expenses.4

INSURANCE D AND O $13016

Other Expenses.5

HANGAR RENT $10600

Other Expenses.6

AIRCRAFT ANNUAL INSP $6032

Other Expenses.7

LEASE FEES $4864

Other Expenses.8

MAINTENANCE $1057

Other Expenses.9

ALUMINUM SALES & SHIPPING $816

Other Expenses.10

MERCHANT ACCOUNT FEES $572

Other Expenses.11

UTILITIES $570

Other Expenses.12

DOMAIN EXPENSE $406

Other Expenses.13

HANGAR SUPPLIES $362

Other Expenses.14

POSTAGE $182

Other Expenses.15

MISCELLANEOUS FEES $155

Other Expenses.16

LICENSES & FEES $32

Other Assets.1

AIRPLANE - Beginning $60000 AIRPLANE - Ending $60000

Other Assets.2

CREDIT CARD REWARDS - Beginning $281 CREDIT CARD REWARDS - Ending $159

Total Liabilities.1

Unearned Revenue - Beginning $2474 Unearned Revenue - Ending $0

Total Liabilities.2

DEPOSITS - Beginning $5750 DEPOSITS - Ending $6250

Total Liabilities.3

SALES TAX PAYABLE - Beginning $552 SALES TAX PAYABLE - Ending $656

Total Liabilities.4

BLUE SKIES FOUNDATION - Beginning $1695 BLUE SKIES FOUNDATION - Ending $1493

1	Contributions, gifts, grants, and similar amounts received ....................	1	22,610
2	Program service revenue including government fees and contracts ................	2	42,860
3	Membership dues and assessments .............................	3
4	Investment income ....................................	4
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8	15,961
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	81,431

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-30,915
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	130,862
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	99,947

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	24020490
Software Version:	2024v5.0

Software ID:	24020490
Software Version:	2024v5.0

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12
13	Professional fees and other payments to independent contractors ............	13
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ...................	15
16	Other expenses (describe in Schedule O) ...................	16	112,346
17	Total expenses. Add lines 10 through 16 .................	17	112,346