Girls With Impact Inc

EIN: 831742762 501(c)(3) Education

Greenwich, CT

Total Revenue
$1,401,464
Total Expenses
$1,188,086
Total Assets
$1,138,291
Net Assets
$1,014,717
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
CT
Principal Officer
Jennifer Openshaw
Phone
9173551317
Tax Period
2024-08-01 to 2025-07-31

Girls With Impact Inc, founded in 2018, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $213K, a strong 15% operating margin.

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.

Program Service Accomplishments

Program 1
Expenses: $897,063 Revenue: $166,000

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...

Read more

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.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,052,116
Program Service Revenue $166,000
Investment Income $44,986
Other Revenue $138,362
TOTAL REVENUE $1,401,464

Expense Breakdown

Grants Paid $0
Salaries & Benefits $746,518
Fundraising Expenses $143,468
Program Expenses $897,063
Other Expenses $441,568
TOTAL EXPENSES $1,188,086

Year-over-Year Comparison

2024 2023 Change
Revenue $1,401,464 $1,074,867 +0.3%
Expenses $1,188,086 $1,205,325 0.0%
Net Income $213,378 $-130,458 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
2
Employees
11
Volunteers
337

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARRIE REYNOLDS COO 40.0
Highest
$154,873 $0 $154,873
Jennifer Openshaw CEO & Chair 40.0
Officer Director
$0 $0 $0
Bob Ghoorah Secretary 0.0
Officer Director
$0 $0 $0
Elisabetta Bartoloni Director 0.0
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 $1,401,464 $1,188,086 $1,138,291 $213,378
2024 $1,074,867 $1,205,325 $1,033,014 $-130,458
2023 $1,045,525 $899,482 $1,036,991 $146,043
2022 $778,792 $619,087 $837,482 $159,705
2021 $1,312,508 $776,658 $690,528 $535,850
2020 $608,685 $559,046 $203,216 $49,639
2020 $608,685 $593,904 $190,641 $14,781
2019 $307,222 $231,161 $93,497 $76,061
Explore More Nonprofits
Top 100 Nonprofits in Connecticut Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Girls With Impact Inc with other nonprofits in Connecticut and across the country.