Invest In Girls Inc

Nonprofit profile at a glance

EIN
453771260
IRS 990 coverage
2014–2018
Forms available
Form 990 2018, Form 990-EZ 2013
Location
Waltham, MA, USA
Phone
6178990504
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Girls Clubs

Official website

Reported finances

Revenue
$550,704
Expenses
$474,031
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • Elizabeth Kelder (Executive Director)

Highest reported compensation

  • Elizabeth Kelder (Executive Director): $107,419 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide high school girls with strong foundational knowledge of finance, investing and the financial services industries through tailored educational programs.

What it reported doing in 2018

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.

Operating model

Revenue model
Donor-supported. 90% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 44
  • Transparency & Controls: 92
  • Accountability: 69
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 36.5%; rating input score 37
  • Program expense ratio: 42.4%; rating input score 42
  • Fundraising efficiency: $53.05 raised per $1 spent on fundraising; rating input score 81; 81st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 13.9%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 22.7%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: 8.1% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 18.1% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 7.5% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 36.5% of revenue deployed · 42.4% of spending went to programs
  • Governance: 15 of 15 board members independent · 2 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $201K in reported program spending
  • Leadership: top reported pay $107K · 16 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 5 filing years from 2014 to 2018
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 42/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.