Girls With Impact Inc
- Assets
- $837.5k
- Revenue
- $778.8k
- Investments
- $0.0
- Employees
- 9
- Location
- Greenwich, CT
- Founding
- 04/2019
- Data as of
- 07/2022
- EIN
- 83-1742762
Organization Overview
Girls With Impact Inc is located in Greenwich, CT. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 07/2022, Girls With Impact Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Girls With Impact 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 07/2022, Girls With Impact Inc generated $778.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $619.1k during the year ending 07/2022. While expenses have increased by 27.9% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO LEVEL THE PLAYING FIELD FOR ALL WOMEN IN BUSINESS & BEYOND BY PROVIDING YOUNG WOMEN WITH THE SKILLS, TOOLS AND NETWORK TO BE TOMORROW'S LEADERS, INNOVATORS AND ENTREPRENEURS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THIS FINANCIAL YEAR, WE SERVED 6,500 TEEN GIRLS, OVER 70% OF COLOR, RESULTING IN OVER 50,000 LEARNING HOURS AND 40,000 CURRICULUM ACTIVITIES TOWARDS THEIR BUSINESS PLANS AND VENTURES. APPROXIMATELY 75% OF STUDENTS WERE UNDERWRITTEN WITH THE SUPPORT OF FUNDERS. VENTURES SPAN INDUSTRIES INCLUDING CONSUMER PRODUCTS, HEALTH, RETAIL, ENVIRONMENT, SERVICE AND TECH WITH 50% FOCUSED ON STEM. PROGRAMMING CONTINUED TO PRODUCE KEY OUTCOMES IN THESE YOUNG WOMEN INCLUDING: 85% GRADS REPORTING IMPROVED LEADERSHIP CONFIDENCE. LONGER-TERM OUTCOMES INCLUDE 98% REPORT GWI PROGRAM IMPROVED COLLEGE ADMISSIONS AND 95% EXPERIENCE INCREASED CONFIDENCE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Openshaw CEO & Chair | OfficerTrustee | 40 | $29,167 |
Robert Ghoorah Director | Trustee | 1 | $0 |
Karlyn Carahan Vice Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $620,237 |
| Noncash contributions included in lines 1a–1f | $20,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $630,237 |
| Total Program Service Revenue | $98,826 |
| Investment income | $97 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $49,632 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $778,792 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $29,167 |
| Compensation of current officers, directors, key employees. | $5,833 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $139,763 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,201 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,458 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $61,801 |
| Office expenses | $3,523 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,325 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $7,071 |
| All other expenses | $21,066 |
| Total functional expenses | $619,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $833,024 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,458 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $837,482 |
| Accounts payable and accrued expenses | $15,057 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $40,266 |
| Total liabilities | $55,323 |
| Net assets without donor restrictions | $733,159 |
| Net assets with donor restrictions | $49,000 |
| 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 | $837,482 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Girls With Impact Inc has recieved totaling $9,500.
| Awarding Organization | Amount |
|---|---|
Torrington Savings Foundation Wilmington, DE PURPOSE: ADVANCING GIRLS ENTREPRENEURS PROGRAM | $6,000 |
Farmington Bank Community Foundation Inc Hartford, CT PURPOSE: 2022 NEXTGEN HARTFORD | $3,500 |
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