Invest In Girls Inc
- Assets
- $0.0
- Revenue
- $550.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Waltham, MA
- Founding
- Data as of
- 06/2019
- EIN
- 45-3771260
Organization Overview
Invest In Girls Inc is located in Waltham, MA. As of 06/2019, Invest In Girls Inc employed 5 individuals. Invest In 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 06/2019, Invest In Girls Inc generated $550.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $474.0k during the year ending 06/2019. While expenses have increased by 11.8% 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
INVEST IN GIRLS, INC. IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE PURPOSE OF PROVIDING HIGH SCHOOL GIRLS WITH STRONG FOUNDATIONAL KNOWLEDGE OF FINANCE, INVESTING, AND THE FINANCIAL SERVICES INDUSTRIES THROUGH TAILORED EDUCATIONAL PROGRAMS. INVEST IN GIRLS, INC. HOPES TO EQUIP GIRLS WITH THE SKILLS AND CONFIDENCE THEY NEED TO BECOME INDEPENDENT AND INFLUENTIAL WOMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INVEST IN GIRLS HOSTS FOUR INTERACTIVE FINANCIAL EDUCATION WORKSHOPS WITH APPROXIMATELY 900 STUDENTS EACH YEAR AT VARIOUS SCHOOLS FOR A TOTAL OF 12 WORKSHOPS OVER THE THREE YEARS. OVER THE THREE YEARS, GIRLS LEARN THE "B.I.G' CONCEPTS; BUDGETING, INVESTING, AND GIVING. THE WORKSHOPS INCORPORATE FINANCIAL SIMULATIONS. THROUGH ONLINE PORTAL, GIRLS ARE ABLE TO ACCESS WORKSHOP MATERIALS AT ANY TIME.
INVEST IN GIRLS MATCHES EACH GIRL WITH A COMPATIBLE MENTOR WORKING IN THE FINANCE WORLD. MENTORS PROVIDE AN INTRODUCTION INTO FINANCE CAREERS AND A DEEPER UNDERSTANDING OF FINANCIAL CONCEPTS. MENTORS AND GIRLS CALL OR SKYPE MONTHLY TO DISCUSS FUTURE EDUCATION PLANS, POTENTIAL INTERNSHIPS, AND VARIOUS PROFESSIONAL DEVELOPMENT TOPICS.
INVEST IN GIRLS TAKES PARTICIPANTS ON INDUSTRY TRIPS TO MEET WOMEN IN THE FINANCE FIELD. THE GIRLS ARE ABLE TO EXPERIENCE WHAT IT IS LIKE TO WORK IN AN OFFICE SETTING ALONG WITH ASKING QUESTIONS TO THE WOMEN WHO WORK THERE. TRIPS ARE PAID FOR BY THE BUSINESSES WHO SPONSOR THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Parker Treasurer | OfficerTrustee | 1 | $0 |
Lisa Mullan Co-Chair | OfficerTrustee | 1 | $0 |
Kusum Gaind Board Member | Trustee | 1 | $0 |
Caroline Sacks Board Member | Trustee | 1 | $0 |
Christina Oliver Board Member | Trustee | 1 | $0 |
Neil Desai Board Member | 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 | $497,068 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $497,068 |
| Total Program Service Revenue | $53,592 |
| Investment income | $44 |
| 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 | $550,704 |
| 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. | $107,419 |
| Compensation of current officers, directors, key employees. | $75,193 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $190,334 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $23,870 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,200 |
| Advertising and promotion | $23,424 |
| Office expenses | $251 |
| Information technology | $6,471 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $23,714 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,285 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,258 |
| Insurance | $4,463 |
| All other expenses | $12,059 |
| Total functional expenses | $474,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |