Ninety-Nines Inc
- Assets
- $11.9m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 15
- Location
- Oklahoma City, OK
- Founding
- 07/1952
- Data as of
- 05/2023
- EIN
- 73-0632928
Organization Overview
Ninety-Nines Inc is located in Oklahoma City, OK. The organization was established in 1952. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 05/2023, Ninety-Nines Inc employed 15 individuals. This organization is the central organization for a national or regional group of organizations. Ninety-Nines Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2023, Ninety-Nines Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $1.2m during the year ending 05/2023. While expenses have increased by 5.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NINETY-NINES' MISSION IS TO PROMOTE WORLD FELLOWSHIP THROUGH FLIGHT, PROVIDE NETWORKING AND SCHOLARSHIP OPPORTUNITIES FOR WOMEN AND AVIATION EDUCATION IN THE COMMUNITY, AND PRESERVE THE UNIQUE HISTORY OF WOMEN IN AVIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS - THE NINETY-NINES, INC. PROVIDES NETWORKING AND SCHOLARSHIP OPPORTUNITIES FOR WOMEN.
MUSEUMS - THE NINETY-NINES, INC. PROVIDES AVIATION EDUCATION IN THE COMMUNITY BY OPERATING THE AMELIA EARHART BIRTHPLACE MUSEUM AND THE MUSEUM OF WOMEN PILOTS.
OTHER ACTIVITIES TO FURTHER THE ORGANIZATION'S MISSION INCLUDING NINETY-NINE NEWS PUBLICATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Hadfield President | OfficerTrustee | 30 | $0 |
Minnetta Gardinier Vice President | OfficerTrustee | 5 | $0 |
Glenna Blackwell Secretary | OfficerTrustee | 3 | $0 |
Aileen Coverdell Treasurer | OfficerTrustee | 3 | $0 |
Nivedita Bhasin Director | Trustee | 3 | $0 |
Janet Patton Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $400,926 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $167,414 |
| Noncash contributions included in lines 1a–1f | $5,018 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $568,340 |
| Total Program Service Revenue | $155,266 |
| Investment income | $361,188 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,652 |
| Net Gain/Loss on Asset Sales | $327,065 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $26,682 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,441,193 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $155,449 |
| Grants and other assistance to Foreign Orgs/Individuals | $57,714 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $248,215 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,004 |
| Fees for services: Accounting | $24,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $51,190 |
| Fees for services: Other | $6,000 |
| Advertising and promotion | $73,631 |
| Office expenses | $80,534 |
| Information technology | $23,850 |
| Royalties | $0 |
| Occupancy | $160,777 |
| Travel | $30,996 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $98,026 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,774 |
| Insurance | $49,555 |
| All other expenses | $672 |
| Total functional expenses | $1,235,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $442,876 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,118 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,804 |
| Prepaid expenses and deferred charges | $13,693 |
| Net Land, buildings, and equipment | $518,529 |
| Investments—publicly traded securities | $10,527,078 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $309,651 |
| Total assets | $11,854,749 |
| Accounts payable and accrued expenses | $49,210 |
| Grants payable | $284,322 |
| Deferred revenue | $139,429 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $472,961 |
| Net assets without donor restrictions | $7,004,681 |
| Net assets with donor restrictions | $4,377,107 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,854,749 |