Civic Intelligence

Whirly Girls Scholarship Fund Inc

EIN 23-7025634 • 501(c)3 • Saluda, NC

Profile

CHARITABLE & EDUCATIONAL

PO Box 356Saluda, NC 28773

www.whirlygirls.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.00x

Higher debt load relative to assets than 67% of similar nonprofits.

NTEE B82 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

NTEE B82 • $1M-$5M nonprofits • Source year 2024

Net Margin

46th percentile

17%

Higher net margin than 46% of similar nonprofits.

NTEE B82 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE B82 • $1M-$5M nonprofits • Source year 2024

Asset Growth

58th percentile

7.7%

Faster asset growth than 58% of similar nonprofits.

NTEE B82 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

32%

Faster revenue growth than 57% of similar nonprofits.

NTEE B82 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,076,023

Up $137,147 (+15%) from 2021

Liabilities

Down

$2,582

Down $743 (-22%) from 2021

Net Assets

Up

$1,073,441

Up $137,890 (+15%) from 2021

Revenue

Down

$115,978

Down $246,971 (-68%) from 2021

Expenses

Up

$96,249

Up $5,748 (+6.4%) from 2021

Net Income

Down

$19,729

Down $252,719 (-93%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $234,447Liabilities 2010: $0Net Assets 2010: $234,4472010Assets 2011: $248,737Liabilities 2011: $302Net Assets 2011: $248,4352011Assets 2012: $246,389Liabilities 2012: $2,042Net Assets 2012: $244,3472012Assets 2013: $502,831Liabilities 2013: $2,200Net Assets 2013: $500,6312013Assets 2014: $504,577Liabilities 2014: $142Net Assets 2014: $504,4352014Assets 2016: $543,626Liabilities 2016: $941Net Assets 2016: $542,6852016Assets 2017: $757,061Liabilities 2017: $570Net Assets 2017: $756,4912017Assets 2018: $701,504Liabilities 2018: $0Net Assets 2018: $701,5042018Assets 2019: $821,910Liabilities 2019: $0Net Assets 2019: $821,9102019Assets 2021: $938,876Liabilities 2021: $3,325Net Assets 2021: $935,5512021Assets 2024: $1,076,023Liabilities 2024: $2,582Net Assets 2024: $1,073,4412024

Highlighted filing

2024

Assets$1,076,023
Liabilities$2,582
Net Assets$1,073,441

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2010: $38,6782010Expenses 2011: $60,4962011Expenses 2012: $46,3022012Revenue 2013: $296,539Expenses 2013: $58,580Net Income 2013: $237,9592013Revenue 2014: $54,719Expenses 2014: $70,212Net Income 2014: -$15,4932014Revenue 2016: $92,082Expenses 2016: $109,910Net Income 2016: -$17,8282016Revenue 2017: $366,775Expenses 2017: $181,383Net Income 2017: $185,3922017Revenue 2018: $83,768Expenses 2018: $102,064Net Income 2018: -$18,2962018Revenue 2019: $132,871Expenses 2019: $108,774Net Income 2019: $24,0972019Revenue 2021: $362,949Expenses 2021: $90,501Net Income 2021: $272,4482021Revenue 2024: $115,978Expenses 2024: $96,249Net Income 2024: $19,7292024

Highlighted filing

2024

Revenue$115,978
Expenses$96,249
Net Income$19,729

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 25, 2025
Return Version
2024v5.2
Gross Receipts
$347,225
Mission and Program Overview

Mission

Whirly Girls Scholarship Fund, Inc. is an international nonprofit, educational and charitable organization dedicated to advancing and educating women in helicopter aviation. The organizations goals include the following:- Promotion of women in the helicopter industry through scholarship awards, mentoring, public appearances, press releases, magazine articles and informational displays in aviation museums- Exchange of information among women in helicopter aviation- Promotion of community acceptance of rotorcraft through increasing public awareness of rotorcraft utility and versatility

WGSF is dedicated to educating women and the public in helicopter aviation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$877,019$940,131▲ $63,112
Cash and Non-Interest-Bearing Accounts$106,143$93,790▼ $12,353
Savings and Temporary Cash Investments$6,521$35,288▲ $28,767
Prepaid Expenses and Deferred Charges$7,654$6,643▼ $1,011
Inventories for Sale or Use$1,467$171▼ $1,296
Total Assets$998,804$1,076,023▲ $77,219
Liabilities
Accounts Payable and Accrued Expenses$2,252$2,582▲ $330
Total Liabilities$2,252$2,582▲ $330
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$996,552$1,073,441▲ $76,889
Total Net Assets Fund Balance$996,552$1,073,441▲ $76,889
Total Liabilities and Net Assets / Fund Balance$998,804$1,076,023▲ $77,219
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joni SchultzPast President
Kim HutchingsPresident
Annie PayaDirector
Bridgett ColbyDirector
Halley LandoDirector
Lisa ZumkellerDirector
Munanie MbathaSecretary
Lovel ThakurTreasurer from 9/1/2024
Jordi ShipmanTreasurer thru 9/1/2024
Amory HarrisVP of Marketing
Rebecca TorresVP of Membership
Sara StanfordVP of Operations
Kitty SeerdenVP of Scholarships
Revenue and Support

Revenue Composition

Contributions and Grants
$72,629
Program Service Revenue
$17,095
Investment Income
$22,670
Other Revenue
$3,584
All Other Contributions
$37,454
Change in Net Assets
$19,729
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$72,517
Grants and Similar Amounts Paid$23,732
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$23,732--$23,732
Fees for Services Accounting-$10,500-$10,500
Travel$9,068$1,212-$10,280
Information Technology$1,400$8,793-$10,193
Office Expenses$1,061$2,810-$3,871
Fees for Service Investment Mgmnt Fees-$3,643-$3,643
Other Expenses$2,875--$2,875
Insurance-$2,049-$2,049
Advertising-$800-$800
Fees for Services Legal-$767-$767
Conferences and Meetings-$169-$169
Total Functional Expenses$65,506$30,743$0$96,249
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,785
Fundraising Direct Expenses$2,056
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

General members must have a helicopter license and pay a membership fee. Associate members include those in helicopter training, mechanics, and administration.

Form 990, Part VI, Section A, line 7A

The board of directors is elected by the general membership to conduct the business of the organization.

Form 990, Part VI, Section A, line 7B

Bylaw amendments require a vote by membership.

Form 990, Part VI, Section B, line 11B

The return is reviewed by the President and Treasurer before presenting the return to the board members at next board meeting. The return is filed with the IRS after it has been presented to the board.

Form 990, Part VI, Section C, line 19

All documents are made available through written request to the Secretary or Treasurer.

Filing and Contact Details

Filer

Filer Name
The Whirly-Girls Scholarship Fund Inc
EIN
23-7025634
Phone
2087031282
Address
PO Box 356, Saluda, NC 28773

Signing Officer

Name
Sharlene Miles
Title
President
Phone
2087031282
Signed
2025-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sharlene Miles
Formed
1974
Legal Domicile
Dc
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
25

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VP of Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP of Membership
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP of Scholarships
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP of Marketing
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer thru 9/1/2024
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer from 9/1/2024
IRS990/Form990PartVIISectionAGrp/TitleTxt8Past President
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IRS990/MissionDesc0See Schedule O.Whirly Girls Scholarship Fund, Inc. is an international nonprofit, educational, and charitable organization dedicated to advancing and educating women in helicopter aviation. The organization's goals include the following:- Promotion of women in the helicopter industry through scholarship awards, mentoring, public appearances, press releases, magazine articles, and informational displays in aviation museums- Exchange of information among women in helicopter aviation- Promotion of community acceptance of rotorcraft through increasing public awareness of rotorcraft utility and versatility
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IRS990/ProgSrvcAccomActy2Grp/Desc0Annual Meeting, Education Day and Social Gatherings provided membership and interested parties with reports of organizational activities. Attendees participate in safety presentations, exchange of information, and mentoring. Active members are encouraged to volunteer for open positions and vote for board members.
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt074825
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt040100
IRS990/PYInvestmentIncomeAmt0-2634
IRS990/PYOtherExpensesAmt065556
IRS990/PYOtherRevenueAmt03349
IRS990/PYProgramServiceRevenueAmt012430
IRS990/PYRevenuesLessExpensesAmt0-17686
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0105656
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt087970
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt019729
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt017950
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06521
IRS990/SavingsAndTempCashInvstGrp/EOYAmt035288
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt072629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt074825
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0186013
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt097600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt051497
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0482564
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt026369
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt022962
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt014460
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt017996
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt013146
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt094933
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt096555
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.51140
IRS990ScheduleA/PublicSupportPY170Pct00.48860
IRS990ScheduleA/PublicSupportTotal170Amt0295337
IRS990ScheduleA/SubstantialContributorsTotAmt0187227
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt072629
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt074825
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0186013
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt097600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt051497
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0482564
IRS990ScheduleA/TotalSupportAmt0577497
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt023732
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarship
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Scholarship applications are evaluated by independent judges considering the following criteria: the candidate has identified specific goals for the scholarship-funded flight training; the goals are realistic; the training outlined will help the applicant achieve the set goals; each candidate has demonstrated commitment to the aviation industry and the Whirly-Girls; each candidate demonstrates a positive attitude and commitment to their goals; the candidate demonstrates financial need. Scholarship funds are paid to the flight training facility for the awarded candidates.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0General members must have a helicopter license and pay a membership fee. Associate members include those in helicopter training, mechanics, and administration.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The board of directors is elected by the general membership to conduct the business of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bylaw amendments require a vote by membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The return is reviewed by the President and Treasurer before presenting the return to the board members at next board meeting. The return is filed with the IRS after it has been presented to the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All documents are made available through written request to the Secretary or Treasurer.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0998804
IRS990/TotalAssetsEOYAmt01076023
IRS990/TotalAssetsGrp/BOYAmt0998804
IRS990/TotalAssetsGrp/EOYAmt01076023
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt072629
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030743
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt065506
IRS990/TotalFunctionalExpensesGrp/TotalAmt096249
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02252
IRS990/TotalLiabilitiesEOYAmt02582
IRS990/TotalLiabilitiesGrp/BOYAmt02252
IRS990/TotalLiabilitiesGrp/EOYAmt02582
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0996552
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01073441
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt065506
IRS990/TotalProgramServiceRevenueAmt017095
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt025399
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt017950
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0115978
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0998804
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01076023
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01212
IRS990/TravelGrp/ProgramServicesAmt09068
IRS990/TravelGrp/TotalAmt010280
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 356

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