BBB Wise Giving Report for
Girls Inc.

BBB Wise Giving Report issued May 2012
BBB Wise Giving Report expires May 2014


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Girls Inc.
Address: 120 Wall Street
  New York, NY 10005
Phone: 317-634-7546
317-634-7546
Web Address: www.girlsinc.org
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BBB Wise Giving Alliance Comments

Formerly known as:Girls Clubs of America

Year, State Incorporated: 1945, Massachusetts
Affiliates: 92 chapters
Stated Purpose: "to inspire all girls to be strong, smart and bold."

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Evaluation Conclusions

               

Girls Inc. (Girls Inc.) meets the 20 Standards for Charity Accountability.
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Programs

               

GI provides programs that inspire girls to be strong, smart and bold. The organization develops research-based curricula which are delivered by trained professionals. GI aims to equip girls to achieve academically, lead healthy and physically active lives, manage money, navigate media messages and discover an interest in science, technology, engineering and math. The organization reports that the network of local GI nonprofit organizations serves 150,000 girls ages 6 to 18 annually at over 1,400 sites in 350 cities across the United States and Canada.

For the fiscal year ended March 31, 2011, GI's program expenses were:

  
Program, research and training 3,442,007
Public education and advocacy 2,704,853
Affiliate services/growth 1,454,752
Total Program Expenses: $7,601,612
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Governance

               

Chief Executive : Judith Vredenburgh, President/CEO
Compensation*:
 $177,437

Chair of the Board: Bridgette P. Heller
Chair's Profession / Business Affiliation: Executive Vice President, Merck and Co.

Board Size: 32

Paid Staff Size: 44

*The current CEO began in June of 2010. June 1, 2010 - March 31, 2011 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Direct mail, special events, grant proposals, Internet events, planned giving, cause-related marketing, and major gift solicitations.
Fund raising costs were 6% of related contributions. (Related contributions, which totaled $11,181,539, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on GI's audited financial statements for the fiscal year ended March 31, 2011.

Source of Funds  
Contributions and private grants 5,842,941
In-kind contributions 2,292,850
Government grants and contracts 2,202,028
Net appreciation on investments and funds held by trustees 907,632
Special events 843,720
Program revenue 536,131
Investment income 442,625
Other 57,956
Total Income $13,125,883


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Uses of Funds as a % of Total Expenses

Programs: 86%  Fund Raising: 8%  Administrative: 6% 

Total income   $13,125,883
  Program expenses $7,601,612
  Fund raising expenses 719,141
  Administrative expenses 576,891
 
Total expenses   $8,897,644
Income in Excess of Expenses   4,228,239
Beginning net assets   14,521,035
Other Changes in Net Assets (353,852)
Ending net assets   18,395,422
Total liabilities   2,649,235
Total assets   $21,044,657

Note 1: In the above financial section, "other changes in net assets" represents -$353,852 pension changes other than net periodic costs and other items.

Note 2: For the fiscal year ended March 31, 2011, GI reported in-kind income of $2,292,805 including donated air time for PSAs ($2,000,000), pro bono legal and consutling assistance ($266,527), airline tickets ($10,000), conference goods ($8,979), special events goods ($4,484), food ($2,230), and coffee mugs ($585).

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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