The Girl Friends Fund Inc

EIN: 752276144 501(c)(3) Education

Dallas, TX

Total Revenue
$202,388
Total Expenses
$85,653
Total Assets
$958,550
Net Assets
$958,550
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
TX
Principal Officer
Roslyn Thibodeaux Goodall
Phone
2142289068
Tax Period
2023-07-01 to 2024-06-30

The Girl Friends Fund Inc, founded in 1988, is a small nonprofit in the Education sector that reported $202K in total revenue in fiscal year 2023. The organization ran a surplus of $117K, a strong 58% operating margin.

Mission

To provide financial assistance to worthy youth. The Scholarship fund assumes the tasks of promoting achievement and encourage exceptional students who seek professional business or technical areas.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $197,465
Program Service Revenue $0
Investment Income $32,964
Other Revenue $-28,041
TOTAL REVENUE $202,388

Expense Breakdown

Grants Paid $61,800
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $61,800
Other Expenses $23,853
TOTAL EXPENSES $85,653

Year-over-Year Comparison

2023 2022 Change
Revenue $202,388 $195,035 +0.0%
Expenses $85,653 $101,423 -0.2%
Net Income $116,735 $93,612 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Roslyn Thibodeaux Goodall President 5.00
Officer Director
$0 $0 $0
Lashell Vaughn Vice President 2.00
Officer Director
$0 $0 $0
Cheryl Smith Secretary 2.00
Officer Director
$0 $0 $0
Jacqueline Bontemps Asst Secretary 2.00
Officer Director
$0 $0 $0
Beth Jones Financial Secretary 5.00
Officer Director
$0 $0 $0
Michelle Bernard Treasurer 5.00
Officer Director
$0 $0 $0
Tracy Allison Parliamentarian 2.00
Director
$0 $0 $0
Veronical Spencer- Austin Board Member 2.00
Director
$0 $0 $0
Lynnette Crenshaw Board Member 2.00
Director
$0 $0 $0
Faith Hairston Board Member 2.00
Director
$0 $0 $0
Patrice McClellan Board Member 2.00
Director
$0 $0 $0
Lori Parker Board Member 2.00
Director
$0 $0 $0
Fawn Robinson Board Member 2.00
Director
$0 $0 $0
Tamara Tumley - Robinson Board Member 2.00
Director
$0 $0 $0
Frank Sims Board Member 2.00
Director
$0 $0 $0
Lesile Douglas - Churchwell Board Member 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $202,388 $85,653 $958,550 $116,735
2023 $195,035 $101,423 $841,815 $93,612
2022 $35,194 $92,773 $715,333 $-57,579
2021 $231,245 $98,996 $772,912 $132,249
2020 $86,842 $70,063 $640,604 $16,779
2019 $143,380 $83,128 $617,415 $60,252
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