Cool Girls Inc
- Assets
- $1.0m
- Revenue
- $807.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Atlanta, GA
- Founding
- 09/1991
- Data as of
- 06/2021
- EIN
- 58-1958246
Organization Overview
Cool Girls Inc is located in Atlanta, GA. The organization was established in 1991. According to its NTEE Classification (O22) the organization is classified as: Girls Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2021, Cool Girls Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cool Girls 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 06/2021, Cool Girls Inc generated $807.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $645.9k during the year ending 06/2021. While expenses have increased by 0.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
COOL GIRLS, INC.'S PURPOSE IS TO EMPOWER GIRLS FROM LOW-INCOME COMMUNITIES BY PROVIDING THE TOOLS TO HELP GIRLS MAKE POSITIVE CHOICES TO ACHIEVE ACADEMIC SUCCESS, BREAK THE CYCLE OF TEEN PREGNANCY AND POVERTY, AND TO OVERCOME THE BARRIERS OF RACISM AND SEXISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COOL GIRLS, INC. IS DEDICATED TO THE SELF-EMPOWERMENT OF GIRLS IN ATLANTA BY PROVIDING DIRECT SERVICE TO UNDERSERVED YOUTH. WE PROVIDE THE TOOLS THAT HELP UNDER-RESOURCED AND ECONOMICALLY DISADVANTAGED GIRLS MAKE POSITIVE CHOICES TO HELP THEM ACHIEVE ACADEMIC SUCCESS; LEAD HEALTHY, ACTIVE LIVES; BREAK THE CYCLES OF POVERTY, TEEN PREGNANCY, AND DOMESTIC VIOLENCE; AND OVERCOME THE BARRIERS OF RACISM AND SEXISM. ALL OF OUR AWARD-WINNING PROGRAMS ARE DIRECT-SERVICE AND ARE PROVIDED COMPLETELY FREE-OF-CHARGE.DUE TO COVID- 19 AND SCHOOL GUIDELINES, COOL GIRLS CONTINUED TO DELIVER OUR AFTERSCHOOL PROGRAMS VIRTUALLY SERVING OVER 100 GIRLS. IN ADDITION TO OUR LIFE-SKILLS PROGRAM, WE ADDED MODULES/ACTIVITIES TO ADDRESS THEIR SOCIAL AND EMOTIONAL WELLBEING TO HELP COPE WITH NOT ONLY THE PANDEMIC, BUT THE AFTERMATH OF THE GEORGE FLOYD MURDER. SEVERAL PARTICIPANTS SHARED THEIR CONCERN, ANGER AND ANXIETY AS THE MAJORITY OF THE GIRLS WE SERVE ARE BLACK AND BROWN. WE WERE ABLE TO PROVIDE SEVERAL FAMILIES WITH GIFT CARDS TO LOCAL GROCERY STORES TO ENSURE THEIR BASIC NEEDS WERE MET. THIS WAS NECESSARY AS SEVERAL OF OUR FAMILIES SUFFERED FINANCIALLY DUE TO JOB LOSS AND REDUCED WORK HOURS AS A RESULT OF COVID-19. COOL GIRLS AWARDED 12 FINANCIAL SCHOLARSHIPS (TOTALING OVER $30,000) TO OFF-SET COLLEGE EXPENSES FOR OUR HIGH SCHOOL GRADUATES PREPARING FOR COLLEGE AND THOSE THAT ARE CURRENTLY ENROLLED IN COLLEGE.
COOL GIRLS, INC. IS DEDICATED TO THE SELF-EMPOWERMENT OF GIRLS IN ATLANTA BY PROVIDING DIRECT SERVICE TO UNDERSERVED YOUTH. WE PROVIDE THE TOOLS THAT HELP UNDER-RESOURCED AND ECONOMICALLY DISADVANTAGED GIRLS MAKE POSITIVE CHOICES TO HELP THEM ACHIEVE ACADEMIC SUCCESS; LEAD HEALTHY, ACTIVE LIVES; BREAK THE CYCLES OF POVERTY, TEEN PREGNANCY, AND DOMESTIC VIOLENCE; AND OVERCOME THE BARRIERS OF RACISM AND SEXISM. ALL OF OUR AWARD-WINNING PROGRAMS ARE DIRECT-SERVICE AND ARE PROVIDED COMPLETELY FREE-OF-CHARGE.DUE TO COVID- 19 AND SCHOOL GUIDELINES, COOL GIRLS CONTINUED TO DELIVER OUR AFTERSCHOOL PROGRAMS VIRTUALLY SERVING OVER 100 GIRLS. IN ADDITION TO OUR LIFE-SKILLS PROGRAM, WE ADDED MODULES/ACTIVITIES TO ADDRESS THEIR SOCIAL AND EMOTIONAL WELLBEING TO HELP COPE WITH NOT ONLY THE PANDEMIC, BUT THE AFTERMATH OF THE GEORGE FLOYD MURDER. SEVERAL PARTICIPANTS SHARED THEIR CONCERN, ANGER AND ANXIETY AS THE MAJORITY OF THE GIRLS WE SERVE ARE BLACK AND BROWN. WE WERE ABLE TO PROVIDE SEVERAL FAMILIES WITH GIFT CARDS TO LOCAL GROCERY STORES TO ENSURE THEIR BASIC NEEDS WERE MET. THIS WAS NECESSARY AS SEVERAL OF OUR FAMILIES SUFFERED FINANCIALLY DUE TO JOB LOSS AND REDUCED WORK HOURS AS A RESULT OF COVID-19. COOL GIRLS AWARDED 12 FINANCIAL SCHOLARSHIPS (TOTALING OVER $30,000) TO OFF-SET COLLEGE EXPENSES FOR OUR HIGH SCHOOL GRADUATES PREPARING FOR COLLEGE AND THOSE THAT ARE CURRENTLY ENROLLED IN COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tanya Egins Executive Dir. | Officer | 40 | $105,765 |
Alison Rand Chairman | OfficerTrustee | 1 | $0 |
Lindsay Yonker Vice Chair | OfficerTrustee | 1 | $0 |
Bob Sales Treasurer | OfficerTrustee | 1 | $0 |
Amber Pelot Secretary | OfficerTrustee | 1 | $0 |
Rhonda Bettis Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $81,135 |
| All other contributions, gifts, grants, and similar amounts not included above | $416,831 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $497,966 |
| Total Program Service Revenue | $0 |
| Investment income | $141 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $305,847 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $807,949 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $62,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $116,499 |
| Compensation of current officers, directors, key employees. | $14,562 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $194,525 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,894 |
| Payroll taxes | $24,385 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,892 |
| Advertising and promotion | $0 |
| Office expenses | $12,593 |
| Information technology | $4,159 |
| Royalties | $0 |
| Occupancy | $69,192 |
| Travel | $1,787 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $401 |
| Insurance | $12,275 |
| All other expenses | $0 |
| Total functional expenses | $645,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $819,919 |
| Savings and temporary cash investments | $126,745 |
| Pledges and grants receivable | $39,200 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,636 |
| Investments—publicly traded securities | $16,672 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,868 |
| Total assets | $1,010,040 |
| Accounts payable and accrued expenses | $46,226 |
| Grants payable | $0 |
| Deferred revenue | $23,378 |
| 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 | $69,604 |
| Net assets without donor restrictions | $708,370 |
| Net assets with donor restrictions | $232,066 |
| 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 | $1,010,040 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Cool Girls Inc has recieved totaling $85,141.
| Awarding Organization | Amount |
|---|---|
Fund For Southern Communities Inc Decatur, GA PURPOSE: BLACK GIRL DREAM FUND | $47,400 |
The Catholic Foundation Of North Georgia Inc Atlanta, GA PURPOSE: Donor Advised Funds | $12,500 |
Jewish Federation Of Greater Atlanta Inc Atlanta, GA PURPOSE: DONATIONS | $9,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,943 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $5,798 |
Virgil P Warren Foundation Orlando, FL PURPOSE: GENERAL OPERATING | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pace Center For Girls Inc Jacksonville, FL | $35,056,942 | $52,911,527 |
Boys & Girls Club Of Collier County Inc Naples, FL | $40,303,826 | $11,210,294 |
Manatee County Girls Club Inc Bradenton, FL | $3,373,952 | $2,592,362 |
Girls Incorporated Of Sarasota County Sarasota, FL | $4,575,344 | $2,875,680 |
Girls Incorporated Of Memphis Memphis, TN | $8,384,322 | $1,575,977 |
Girls Incorporated Of Columbus And Phenix-Russell Columbus, GA | $7,220,753 | $1,388,930 |
Girls Incorporated Of Greater Atlanta Marietta, GA | $1,832,892 | $1,633,963 |
Girls Incorporated Of Jacksonville Jacksonville, FL | $194,361 | $823,671 |
Girls Incorporated Of Bay County Panama City, FL | $709,254 | $788,513 |
Cool Girls Inc Atlanta, GA | $1,010,040 | $807,949 |
Girls Place Inc Gainesville, FL | $1,067,552 | $701,995 |
Girls Incorporated Of Pinellas Pinellas Park, FL | $763,537 | $651,671 |