Girl Effect Inc
- Assets
- $11.5m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 6
- Location
- New York, NY
- Founding
- Data as of
- 12/2022
- EIN
- 84-3629323
Organization Overview
Girl Effect Inc is located in New York, NY. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. As of 12/2022, Girl Effect Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Girl Effect 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 12/2022, Girl Effect Inc generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 48.8% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 6.5% per year over the past 3 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
GIRL EFFECT IS A NON-PROFIT ORGANIZATION WORKING FOR A FUTURE IN WHICH EVERY GIRL IS IN CONTROL OF HER BODY, HER HEALTH, HER LEARNING AND HER LIVELIHOOD. WE WORK WITH ADOLESCENT GIRLS AND YOUNG WOMEN USING THE POWER OF MEDIA AND TECHNOLOGY TO UNLOCK THE INTERNAL AND EXTERNAL BARRIERS FACED SO THEY CAN UNLEASH THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIRL EFFECT, INC. WAS FIRST ESTABLISHED IN 2020 AS A US 501(C)3 AND CONTINUES TO SUPPORT THE COMMON MISSION OF THE GLOBAL GIRL EFFECT ENTITIES AROUND THE WORLD, AS PART OF THE GLOBAL GIRL EFFECT MISSION. COLLECTIVELY THE GLOBAL GIRL EFFECT ENTITIES HAD A COMBINED 2022 BUDGET OF $14.5 M, AND A TOTAL OF 90 EMPLOYEES GLOBALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Newhouse Chair | OfficerTrustee | 1 | $0 |
Nina Kjellson Treasurer | OfficerTrustee | 1 | $0 |
Jorge Casimiro Director | Trustee | 1 | $0 |
Jim Citrin Director | Trustee | 1 | $0 |
Deborah Dugan Director | Trustee | 1 | $0 |
Erin Holfelder Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,466,866 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,466,866 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,466,866 |
| 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. | $380,196 |
| Compensation of current officers, directors, key employees. | $76,039 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $500,168 |
| Pension plan accruals and contributions | $9,704 |
| Other employee benefits | $69,387 |
| Payroll taxes | $53,034 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,000 |
| Fees for services: Accounting | $35,996 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $163,726 |
| Advertising and promotion | $0 |
| Office expenses | $1,224 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| All other expenses | $276 |
| Total functional expenses | $1,223,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,736,473 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $803,274 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,539,747 |
| Accounts payable and accrued expenses | $40,814 |
| 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 | $0 |
| Total liabilities | $40,814 |
| Net assets without donor restrictions | $8,839,659 |
| Net assets with donor restrictions | $2,659,274 |
| 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 | $11,539,747 |