Cool Girls Inc
Nonprofit profile at a glance
- EIN
- 581958246
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Atlanta, GA, USA
- Phone
- 4044204362
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Girls Clubs
Reported finances
- Revenue
- $576,345
- Expenses
- $941,898
- Assets
- $1,418,055
- Liabilities
- $247,101
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Highest reported compensation
- TANYA EGINS (Executive Dir.): $124,954 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
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.
What it reported doing in 2024
Cool Girls is dedicated to the self-empowerment of girls living in Atlantas most vulnerable communities. We support girls in all aspects of their development addressing issues of racism, sexism, and economic inequality. We provide tuition-free life skills programs that develop girls into confident women through education and exposure to a broader world of opportunity.This school year, our award winning Girls Club program thrived at our partner school sites including our newest location at Dresden Elementary School. Over the course of 27 weeks, girls participated in high quality, evidence based porgramming designed to build confidence, leadership skills, and academic success. We expanded learning beyond the classroom with field trips to the Georgia Aquarium, High Museum of Art, Atlanta Science Festival. Our 9 Cool STEAM workshops and our program-wide STEAM conference ingnited curiosity and ambition in science, technology, engineering, arts and math-empowering girls to see themselves as future innovators and change makers. In support of thier long-term success, we awarded $77,000 in college scholarships to 24 Cool Scholars, advancing our mission to increase college access and to reduce student debt for the girls we serve. Our impact continues to grow; since 2021, following the pandemic, we have increased our impact by 135%.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 90% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 77.9%; rating input score 78
- Fundraising efficiency: $4.88 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -63.4%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 1.51; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 13.3%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 5.2% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 3.1% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 15.7% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 77.9% of spending went to programs
- Governance: 23 of 23 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $734K in reported program spending
- Leadership: top reported pay $125K · 24 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 17/100.
- High — Sustainability: Operating margin scored 2/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Officer compensation ratio scored 27/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.