Girls Incorporated of Owensboro-dav County

Nonprofit profile at a glance

EIN
610706477
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Owensboro, KY, USA
Phone
2706847833
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$791,140
Expenses
$821,713
Assets
$1,740,819
Liabilities
$20,044

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • LAURA CHAPMAN (PRESIDENT)
  • DR VEENA SALLAN (PRESIDENT ELECT)
  • PATRICIA CORREA-OSBORNE (CEO)

People named in this filing

  • LAURA CHAPMAN (PRESIDENT)
  • MISSY GRANT (TRUSTEE)
  • TAUNYA IVERSON (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To inspire girls to be strong, smart and bold through the provision of daily classes, activities and curriculum designed to meet girls needs and interests today and tomorrow

What it reported doing in 2024

30 local and national programs were offered dealing with health, medialiteracy, economic lieteracy, mathematics, and more. Girls inc programming takes place year round with an afterschool academy monday-friday and a full day summer academy primarily utilizing research based and developmentally appropriate national girls curricula and is alternately supported by locally developed initiatives and field trips. The vision of programming and outcomes is a world where every girl values her whole self and her inherent strengths, has opportunities to develop her potential, break past serious obstacles and leads a healthy, educated successful life.

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 100% 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: 79
  • Transparency & Controls: 92
  • Accountability: 94
  • Sustainability: 49
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.2%; rating input score 85
  • Program expense ratio: 81.3%; rating input score 81
  • Fundraising efficiency: $11.55 raised per $1 spent on fundraising; rating input score 42; 42nd 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: 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: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3.9%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 2.12; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 5.8% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 4.8% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: 11.9% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 85.2% of revenue deployed · 81.3% of spending went to programs
  • Governance: 22 of 22 board members independent · 6 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $668K in reported program spending
  • Leadership: top reported pay $0 · 23 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 42/100.
  • High — Sustainability: Operating margin scored 26/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.