SHERRI GILKERSON MEMORIAL FOUNDATION Charity Report

Public IRS 990 nonprofit record

SHERRI GILKERSON MEMORIAL FOUNDATION

EIN 92-1436515 · Scholarships & Student Financial Aid (B82)

What they do

ESTABLISH and OPERATE A YEARLY SCHOLARSHIP AWARD for STUDENTS PURSUING STUDIES AT AN ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION. THE SCHOLARSHIP is to FURTHER THE EDUCATION of THESE STUDENTS WHO HAVE ALSO DEMONSTRATED AN INTEREST IN REINED COW HORSE HORSEMANSHIP ACTIVITIES, and THEY, or THEIR IMMEDIATE FAMILY, ARE MEMBERS of THE NATIONAL REINED COW HORSE ASSOCIATION. IN 2024, SCHOLARSHIPS WERE GRANTED to 9 STUDENTS for A TOTAL of $27,000.WE ALSO PROVIDE INFORMATION and EDUCATION THROUGH DISTRIBUTION of MATERIALS and MEETINGS WITH PARTICIPANTS ON THE CHARACTER-BUILDING VALUE of TRAINING HORSES and HORSE COMPETITIONS. INFORMING and INSTRUCTING THE PUBLIC ON THE VALUE of HORSEMANSHIP AS A LIFE and COMMUNITY BUILDING ACTIVITY. and WE SUPPORT and PROVIDE FUNDING for VARIOUS AMATEUR and ASSOCIATION COMPETITIONS. IN 2024, WE PROVIDED A SPONSORSHIP for THE RENO SNAFFLE BIT FUTURITY (AN IRC 501(C)(3)) THAT is USED to SUPPLY HIGHER EDUCATION SCHOLARSHIPS AWARDED BY THE RENO SNAFFLE BIT FU

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

38.81%of revenue went to mission work92.5% of expenses · Program services

$41.98spent for every $100 of revenueRevenue covered expenses this year.

$3.70in assets for every $1 spent this yearSome assets cannot be spent right away.

97.9%of its money came from giftsOther money may come from services or investments.

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Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$163,199

Mission workProgram services$63,34438.81% of revenue92.5% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$94,69158.02% of revenueShown in gray on the chart

Total expenses$68,50841.98% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 92.5% mission · 0.0% management · 0.0% fundraisingTotal expenses: 41.98% of revenue

2023Expense mix: 81.9% mission · 16.8% management · 1.3% fundraisingTotal expenses: 24.03% of revenue

Money in and money out

Revenue$163,199

Expenses$68,508

Annual surplus $94,691 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$63,344 · 92.5% of expenses

See all reported dollar amounts

Revenue$163,199

Expenses$68,508

Assets$253,270

Income$163,199

Contributions$159,723

Mission work (program services)$63,344

Grants given$17,000

Average grant$17,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (9)

CYNTHIA MACDONALD SINGERVICE PRESIDENT & VICE TREA

DEBORAH HOTALINGPRESIDENT & TREASURER

GUSTI BUERGERBOARD MEMBER

JULIE HODGESECRETARY

LESLIE WRIGHTBOARD MEMBER

LINDA MARSBOARD MEMBER

LISA HAMPTONBOARD MEMBER

MARGARET GREENBOARD MEMBER

MICHAEL DOUDBOARD MEMBER

About this charity

Recognized since: January 2023
Location: 10869 N SCOTTSDALE RD 103 PMB 339, SCOTTSDALE, AZ 85254
County: Maricopa
In care of: DEBORAH HOTALING
Primary officer: DEBORAH HOTALING, PRESIDENT AND TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(480) 250-1965

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990EZ
Tax preparer: MONICA J STERN CPA PLLC
NTEE classification: Scholarships & Student Financial Aid (B82)
IRS tax category: Scholarships & Student Financial Aid
Grant-giving organization: Yes