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Nonprofiteer
← GIRLS WITH IMPACT INC

Form 990 for tax year 2024

Filed by GIRLS WITH IMPACT INC.

Totals

Total revenue
$1,401,464
Total expenses
$1,188,086
Contributions and grants received
$1,052,116
Grants paid
$0
Program service revenue
$166,000
Investment income
$44,986
Other revenue
$138,362
Total assets, end of year
$1,138,291
Total liabilities, end of year
$123,574
Net assets or fund balances, end of year
$1,014,717
Program services expenses (Part IX)
$897,063
Management and general expenses
$147,555
Fundraising expenses
$143,468
Program service expenses (Part III)
$897,063

Program services were 75.5% 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.

  • 1c · Fundraising events

    $321,500

  • 1f · All other contributions, gifts and grants

    $730,616

  • 1g · Noncash contributions included above

    $38,641

  • 2a · Program service revenue: PROGRAMS

    total $166,000 · related or exempt $166,000

  • 3 · Investment income

    total $44,986 · excluded $44,986

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $158,270

  • 8a · Fundraising events: contributions included on line 1c

    $321,500

  • 8b · Fundraising events: direct expenses

    $176,241

  • 8c · Net income from fundraising events

    total -$17,971

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: OTHER INCOME - REFUND OF IRS PENALTY

    total $115,671 · excluded $115,671

  • 11b · Other revenue: PAYROLL TAX REFUND

    total $40,662 · related or exempt $40,662

  • 11e · Other revenue, total

    $156,333

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $147,510 · program services $118,008 · management and general $14,751 · fundraising $14,751

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $518,554 · program services $414,843 · management and general $51,855 · fundraising $51,856

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $30,281 · program services $24,225 · management and general $3,028 · fundraising $3,028

  • 10 · Payroll taxes

    total $50,173 · program services $40,138 · management and general $5,018 · fundraising $5,017

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $6,839 · program services $5,472 · management and general $683 · fundraising $684

  • 12 · Advertising and promotion

    total $25,754 · program services $25,754

  • 13 · Office expenses

    total $28,440 · management and general $28,440

  • 14 · Information technology

    total $29,649 · program services $23,719 · management and general $2,965 · fundraising $2,965

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $8,656 · program services $6,925 · management and general $866 · fundraising $865

  • 24a · Other expenses: PROGRAM SERVICES

    total $187,638 · program services $187,638

  • 24b · Other expenses: PROGRAM COSTS

    total $48,891 · program services $48,891

  • 24c · Other expenses: FUNDRAISING EXPENSE

    total $64,121 · fundraising $64,121

  • 24d · Other expenses: MISCELLANEOUS

    total $1,300 · management and general $1,300

  • 24e · All other expenses

    total $40,280 · program services $1,450 · management and general $38,649 · fundraising $181

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $193,657 · end of year $82,707

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $75,850 · end of year $92,740

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $4,375

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $763,507 · end of year $958,469

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $127,796 · end of year $19,242

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $60,000 · end of year $60,000

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $46,628 · end of year $44,332

  • 27 · Net assets without donor restrictions

    beginning of year $798,590 · end of year $949,717

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $65,000

Mission and programs · 2024

Mission

GIRLS WITH IMPACT, INC. IS THE NATION'S ONLY LIVE, ONLINE BUSINESS & LEADERSHIP PROGRAM FOR YOUNG WOMEN AGES 14-24 YEARS OLD. ITS MISSION IS TO LEVEL THE PLAYING FIELD FOR ALL WOMEN IN BUSINESS AND BEYOND BY EQUIPPING THEM WITH THE SKILLS, TOOLS, AND NETWORK TO BE TOMORROW'S LEADERS, INNOVATORS AND ENTREPRENEURS.

Activities or mission (Part I)

TO LEVEL THE PLAYING FIELD FOR ALL WOMEN IN BUSINESS & BEYOND BY EQUIPPING THEM WITH THE SKILLS, TOOLS, AND NETWORK TO BE TOMORROW'S LEADERS, INNOVATORS AND ENTREPRENEURS.

  • In the 2024-2025 fiscal year, Girls With Impact served nearly 2,000 students through our signature Academy (1,938) in partnership with 390 school and community organizations. This brings our total Students served through GWI's tuition-free programs to approximately 16,000. Through over 67,000 learning hours, students demonstrated measurable growth in key career and leadership competencies. Pre- and post-program surveys showed significant gains across 11 essential work readiness skills, including public speaking, financial literacy, and problem-solving. Additionally, GWI introduced new programmatic enhancements to deepen student impact, including a quarterly venture competition for Academy students and the launch of EmpowerHour, an on-demand mentoring initiative designed to provide real-time guidance and support. To further strengthen long-term engagement, GWI expanded its Alumni Network, with 23 former students returning as summer interns. This year also marked a strategic investment in internal infrastructure STAFFING, allowing us to scale our reach and develop additional programming to better serve our growing community of young women. Looking ahead, we continue to build innovative offerings that empower the next generation of leaders with the confidence, skills, and network to succeed in business and beyond.

    Expenses $897,063 · Revenue $166,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Carrie Reynolds

    COO

    Total calculated
    $154,873
    From this org
    $154,873
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,873
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $154,873
  • Jennifer Openshaw

    CEO & Chair

    Total calculated
    $0
    Hours/week
    40
  • Bob Ghoorah

    Secretary

    Total calculated
    $0
    Hours/week
    0
  • Elisabetta Bartoloni

    Director

    Total calculated
    $0
    Hours/week
    0

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

None.

Answered no

None.

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
6 May 2026
IRS schema version
2024v5.2
Source object
202601269349303235

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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