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Nonprofit · EIN 04-2462848

M I T SOARING ASSOCIATION INC

Tax-exempt · STERLING, MA 01564

Financials

$117K$18K2024
Revenue Expenses · by fiscal year end
Financials of M I T SOARING ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$117,184$17,539$99,645$141,214$12,503$128,711
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$117,184
Program service revenue
$0
Investment income
$0

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$17,539
Program services (functional)
$11,779

Balance sheet and other

Total assets, start of year
$29,790
Total assets, end of year
$141,214
Total liabilities, end of year
$12,503
Net assets, end of year
$128,711
Cash, savings and investments
$87,664
Gross receipts
$117,184

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
David SherrillPresident4$0
Dwight SchirmerTreasurer4$0
David JoyceClerk2$0
Thomas OrsiniDirector2$0
Shaun KellerDirector2$0
Catherine KellerDirector2$0
Roger CichyDirector2$0

Address and contacts

Address (IRS master file)
PO BOX 655, STERLING, MA 01564-0655
In care of
% DWIGHT SCHIRMER
Mailing address (990-N for 2025)
PO Box 655, Sterling MA 01564
Principal officer (990-N for 2025)
David Sherrill, 44 Village View Road, Westford MA 01886
Signed the 990-EZ
Dwight Schirmer, Treasurer
Phone
(508) 478-2084
Return prepared by
SDB ACCOUNTING AND TAX SERVICES

Mission

Provide youth with instruction in the art and science of soaring

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Junior flight training program fees
    Expenses $11,779

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

File the 2026 990-N for M I T SOARING ASSOCIATION INC

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
04-2462848
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1971
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: David Sherrill
December 31, 2025≤ $50,000 receipts––e-Postcard
990-EZDecember 2024$117,184$17,539$141,214IRS
990-N for 2023
Officer: David Sherrill
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: David Sherrill
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: David Sherrill
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: David Sherrill
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2462848).

Questions about M I T SOARING ASSOCIATION INC

What is the EIN of M I T SOARING ASSOCIATION INC?
The employer identification number (EIN) of M I T SOARING ASSOCIATION INC is 04-2462848.
Is M I T SOARING ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to M I T SOARING ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does M I T SOARING ASSOCIATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of M I T SOARING ASSOCIATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did M I T SOARING ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of M I T SOARING ASSOCIATION INC?
The 990-N for 2025 names David Sherrill.
Who are the officers and directors of M I T SOARING ASSOCIATION INC?
The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does M I T SOARING ASSOCIATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $117,184, expenses of $17,539 and total assets of $141,214 at year end.

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