Gigis House Inc

What it reported doing in 2024

Gigis House, through the support of individual donors, constructed and opened a 10 bedroom home in 2018 to provide a safe environment for girls who are victims of sex trafficking. In FY23, we opened our second 10 bedroom home allowing us to service even more teen girls. We are currently in the midst of construction on our new administrative building which will feature a gymnasium, classroom offices, onsite therapy rooms and so much more. We have been able to serve residents that have come to us through both private and state placement. Our residents come from diverse backgrounds and have included girls as young as 12 years old. Gigis house offers so much more than a safe home to each of the girls coming through our program, we provide individual and group trauma informed therapy with a licensed therapist, mentoring, life skills and daily self-confidence building activities. We have seen these girls transform from broken and feeling unloved and not worthy to thriving independent young adults who are ready to conquer the world. As the girls are accepted into the program, we assess their education levels and provide a rich home-schooling environment. Since many of the girls entering the program test well below their grade level, we structure our home schooling to allow them to catch-up to their expected grade level or depending on the individual girls needs, we offer preparation for GED. We have partnered with a public school system to provide GED preparation, which allows the girls to participate in an environment with others outside of the home. Since beginning the program, we have witnessed girls graduate high school, obtain their GED, attend and graduate from certified nursing assistant school and even go off to college. Some of these girls are the first in their families to graduate high school. Through our program the girls have shared many first-time life experiences. Our team is passionate about helping these girls develop practical and emotional life skills so that they can survive as healthy adults and build the futures they all deserve to have. Gigis House is thrilled to have impacted the lives of over 212 teen girls so far and counting.

Financial Efficiency

• Mission deployment rate: 50%; rating input score 50
• Program expense ratio: 88.3%; rating input score 88
• Fundraising efficiency: $99.84 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 24th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• 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: 3 of 7 controls in place; rating input score 43
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 45.2%; rating input score 91; 91st percentile among comparable filings
• Total-asset coverage ratio: 2.76; rating input score 73; 73rd percentile among comparable filings
• Liabilities to assets ratio: 0.2; rating input score 31; 31st percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 20.1% per year; rating input score 100; 83rd percentile among comparable filings
• Revenue growth: 24% per year; rating input score 100; 89th percentile among comparable filings
• Asset growth: 21.9% per year; rating input score 100; 84th percentile among comparable filings