Nonprofit · EIN 52-1010428
SKY-HI INC
Tax-exempt · FREDERICK, MD 21703
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $52,920 | $34,052 | $18,868 | $184,499 | $20,910 | $163,589 |
| December 31, 2024 | 990-EZ | $50,632 | $34,522 | $16,110 | $160,340 | $10,047 | $150,293 |
| December 31, 2023 | 990-EZ | $57,557 | $45,776 | $11,781 | $149,430 | $9,446 | $139,984 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Membership dues
- $29,703
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $23,217
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Occupancy
- $5,862
- Printing, publications and postage
- $409
- Other expenses
- $27,781
Balance sheet and other
- Total assets, start of year
- $160,340
- Total assets, end of year
- $184,499
- Total liabilities, end of year
- $20,910
- Net assets, end of year
- $163,589
- Cash, savings and investments
- $83,153
- Gross receipts
- $52,920
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Larry Jarkey | President | 4 | $0 |
| Greg Gillen | Vice-President | 5 | $0 |
| Scot Shealer | Secretary-Treasurer | 4 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Larry Jarkey | President | 4 | $0 |
| Greg Gillen | Vice-President | 5 | $0 |
| Scot Shealer | Secretary-Treasurer | 4 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Larry Jarkey | President | 3 | $0 |
| Greg Gillen | Vice-President | 5 | $0 |
| Scot Shealer | Secretary-Treasurer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 5706 MILL RUN PL, FREDERICK, MD 21703-8615
- In care of
- % SCOT SHEALER
- Mailing address (990-N for 2021)
- 5706 Mill Run Place, Frederick MD 21703
- Principal officer (990-N for 2021)
- Scot Shealer, 5706 Mill Run Place, Frederick MD 21703
- Signed the 990-EZ
- Scot Shealer, Secretary-Treasurer
- Phone
- (434) 602-1701
- Website
- www.skyhiflyingclub.org
Mission
The founding members of Sky-Hi joined together in 1972 to purchase an airplane and to form a social flying club to pursue a pilot certificate and additional ratings at economical rates. The organization continues to be guided in the spirit of the founding members by meeting on a regular basis for education, fellowship, to work on the airplane and to use the airplane for pleasure, recreation, and other non-profitable purposes in accordance with Revenue Ruling 74-30.
Program accomplishments
- Work on the airplane - In accordance with Federal Aviation Regulations, members performed preventative maintenance on the airplane and participated in the owner-assisted annual inspection to help minimize costs.
- Airplane for Recreation and Pleasure - Members flew the club airplane more than 180 flight hours during the year for a variety of non-commercial purposes.
- The Plane Improvement Committee researched member-suggested upgrades to the airplane that would improve safety and help to protect the club's largest asset.
- Fellowship - Members and their guests gathered together during the year for various social events including cookouts and movie night.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 52-1010428
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $184,499
- Income (IRS master file)
- $52,920
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $52,920 | $34,052 | $184,499 | XML |
| 990-EZ | December 2024 | $50,632 | $34,522 | $160,340 | XML |
| 990-EZ | December 2023 | $57,557 | $45,776 | $149,430 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Scot Shealer | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Scot Shealer | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Scot Shealer | 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 52-1010428).
Questions about SKY-HI INC
- What is the EIN of SKY-HI INC?
- The employer identification number (EIN) of SKY-HI INC is 52-1010428.
- Is SKY-HI INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2008.
- Are donations to SKY-HI INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SKY-HI INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SKY-HI 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 SKY-HI INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of SKY-HI INC?
- The 990-N for 2021 names Scot Shealer.
- Who are the officers and directors of SKY-HI INC?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does SKY-HI INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $52,920, expenses of $34,052 and total assets of $184,499 at year end.
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