Totals
- Total revenue
- $13,837,535
- Total expenses
- $11,551,180
- Contributions and grants received
- $11,150,831
- Grants paid
- $0
- Program service revenue
- $2,192,131
- Investment income
- $494,573
- Other revenue
- $0
- Total assets, end of year
- $28,488,714
- Total liabilities, end of year
- $2,811,014
- Net assets or fund balances, end of year
- $25,677,700
- Program services expenses (Part IX)
- $9,783,159
- Management and general expenses
- $926,742
- Fundraising expenses
- $841,279
- Program service expenses (Part III)
- $9,783,159
Program services were 84.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$11,150,831
-
2f · All other program service revenue
total $2,192,131 · excluded $2,192,131
-
3 · Investment income
total $494,573 · excluded $494,573
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $2,138,678 · program services $1,618,017 · management and general $196,311 · fundraising $324,350
-
7 · Other salaries and wages
total $2,161,347 · program services $1,635,167 · management and general $198,392 · fundraising $327,788
-
8 · Pension plan contributions
total $161,191 · program services $121,949 · management and general $14,796 · fundraising $24,446
-
9 · Other employee benefits
total $250,219 · program services $189,303 · management and general $22,968 · fundraising $37,948
-
10 · Payroll taxes
total $316,799 · program services $239,674 · management and general $29,079 · fundraising $48,046
-
11b · Fees: legal
total $209,832 · management and general $209,832
-
11c · Fees: accounting
total $37,800 · management and general $37,800
-
12 · Advertising and promotion
total $78,974 · program services $78,974
-
13 · Office expenses
total $39,271 · management and general $39,271
-
14 · Information technology
total $114,759 · program services $61,282 · management and general $41,192 · fundraising $12,285
-
16 · Occupancy
total $222,546 · program services $168,367 · management and general $20,428 · fundraising $33,751
-
17 · Travel
total $9,945 · management and general $9,945
-
23 · Insurance
total $23,653 · management and general $23,653
-
24a · Other expenses: PROGRAM COST
total $5,352,308 · program services $5,352,308
-
24b · Other expenses: CONTRACT SERVICES
total $360,461 · program services $276,915 · management and general $59,141 · fundraising $24,405
-
24c · Other expenses: PAYROLL SERVICES
total $51,653 · program services $39,078 · management and general $4,741 · fundraising $7,834
-
24d · Other expenses: MISCELLANEOUS
total $18,935 · management and general $18,935
-
24e · All other expenses
total $2,809 · program services $2,125 · management and general $258 · fundraising $426
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,027,050 · end of year $5,741,821
-
2 · Savings and temporary cash investments
beginning of year $11,376,754 · end of year $11,805,889
-
3 · Pledges and grants receivable
beginning of year $9,835,770 · end of year $8,038,177
-
9 · Prepaid expenses and deferred charges
beginning of year $570,822 · end of year $666,474
-
11 · Investments: publicly traded securities
beginning of year $2,120,949 · end of year $2,197,554
-
15 · Other assets
beginning of year $14,236 · end of year $38,799
-
17 · Accounts payable and accrued expenses
beginning of year $950,498 · end of year $1,236,121
-
19 · Deferred revenue
beginning of year $1,603,000 · end of year $1,574,893
-
27 · Net assets without donor restrictions
beginning of year $14,053,114 · end of year $17,457,231
-
28 · Net assets with donor restrictions
beginning of year $9,338,969 · end of year $8,220,469
Mission and programs · 2024
Mission
GIRLS WHO INVEST IS DEDICATED TO TRANSFORMING THE INVESTMENT MANAGEMENT INDUSTRY BY ATTRACTING AND ADVANCING INVESTORS, CHANGE-MAKERS, AND LEADERS.
Activities or mission (Part I)
SEE SCHEDULE O
-
SUMMER INTENSIVE PROGRAM (SIP): OUR 4-WEEK ACADEMIC TRAINING AT THE WHARTON SCHOOL OF UNIVERSITY OF PENNSYLVANIA, LED BY TOP UNIVERSITY PROFESSORS AND FOLLOWED BY A 7-WEEK PAID, FRONTLINE INVESTING INTERNSHIP AT ONE OF 130+ LEADING INVESTMENT MANAGEMENT FIRMS.
Expenses $5,772,064
-
ONLINE INTENSIVE PROGRAM (OIP): OUR SELF-DIRECTED, ASYNCHRONOUS EDUCATIONAL PROGRAM, WHICH ALLOWS INDEPENDENT LEARNERS TO MASTER FINANCE AND INVESTING FUNDAMENTALS. A LIMITED SUBSET OF THIS POPULATION IS ALSO PLACED IN INTERNSHIPS.
Expenses $1,467,474
-
ALUMNI CAREER INSTITUTE: CAREER ADVISORY SERVICES, COMMUNITY BUILDING, AND CONNECTIONS FOR OUR ALUMNI AT ALL STAGES OF THEIR CAREERS. ALL ALUMNI CAN ACCESS EXCLUSIVE CAREER RESOURCES AND FIND OTHER ALUMNI WORKING AT THEIR FIRM ON THE GWI CAREER PORTAL.
Expenses $2,543,621
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Katherine ColsherKATHERINE COLSHER
CHIEF EXECUTIVE OFFICER
- Total calculated
- $529,375
- From this org
- $512,125
- From related orgs
- $0
- Other
- $17,250
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $426,125
- Bonus
- $86,000
- Other
- $0
- Deferred
- $17,250
- Nontaxable benefits
- $0
- Filer's total
- $529,375
-
Kim LewKIM LEW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bal DasBAL DAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Myra DruckerMYRA DRUCKER
DIRECTOR - END DATE 10/24
- Total calculated
- $0
- Hours/week
- 1
-
Seema HingoraniSEEMA HINGORANI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anna NikolayevskyANNA NIKOLAYEVSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Larry SchlossLARRY SCHLOSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Betty HungBETTY HUNG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Heather MinerHEATHER MINER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Candice StackCANDICE STACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bilge YilmazBILGE YILMAZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lisa McGowanLISA MCGOWAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Avi BanyaszAVI BANYASZ
DIRECTOR - START DATE 10/24
- Total calculated
- $0
- Hours/week
- 1
-
Robert BittencourtROBERT BITTENCOURT
DIRECTOR - START DATE 02/25
- Total calculated
- $0
- Hours/week
- 1
-
Tina Byles WilliamsTINA BYLES WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Collette ChiltonCOLLETTE CHILTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Perry GolkinPERRY GOLKIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michelle DefossettMICHELLE DEFOSSETT
CHIEF OPERATING OFFICER
- Total calculated
- $381,227
- From this org
- $346,737
- From related orgs
- $0
- Other
- $34,490
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $291,737
- Bonus
- $55,000
- Other
- $0
- Deferred
- $17,250
- Nontaxable benefits
- $17,240
- Filer's total
- $381,227
-
Heather PercevalHEATHER PERCEVAL
HEAD OF PROGRAMS AND CAREER ADVANCEMENT
- Total calculated
- $299,835
- From this org
- $288,462
- From related orgs
- $0
- Other
- $11,373
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $227,462
- Bonus
- $61,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $11,373
- Filer's total
- $299,835
-
Christina Marie KimCHRISTINA MARIE KIM
HEAD OF PARTNERSHIPS
- Total calculated
- $285,830
- From this org
- $252,039
- From related orgs
- $0
- Other
- $33,791
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $206,039
- Bonus
- $46,000
- Other
- $0
- Deferred
- $11,592
- Nontaxable benefits
- $22,199
- Filer's total
- $285,830
-
Gina AronsteinGINA ARONSTEIN
DIRECTOR OF COMMUNICATIONS AND MARKETING
- Total calculated
- $184,203
- From this org
- $175,025
- From related orgs
- $0
- Other
- $9,178
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,225
- Bonus
- $12,800
- Other
- $0
- Deferred
- $8,765
- Nontaxable benefits
- $413
- Filer's total
- $184,203
-
Maria Garcia AsayagMARIA GARCIA ASAYAG
DIRECTOR OF RECRUITING AND ADMISSIONS
- Total calculated
- $201,321
- From this org
- $178,990
- From related orgs
- $0
- Other
- $22,331
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,490
- Bonus
- $16,500
- Other
- $0
- Deferred
- $9,137
- Nontaxable benefits
- $13,194
- Filer's total
- $201,321
-
Mayela CalderonMAYELA CALDERON
DIRECTOR OF DEVELOPMENT
- Total calculated
- $171,982
- From this org
- $171,650
- From related orgs
- $0
- Other
- $332
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,650
- Bonus
- $16,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $332
- Filer's total
- $171,982
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 July 2026
- IRS schema version
- 2024v5.5
- Source object
- 202632169349300333
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.