Educates, empowers, and protects vulnerable women and children globally.
For fiscal year 2024 it reported $746K in revenue, $809K in expenses, and $237K in net assets.Pt I
Where the money goes · FY2024
Total revenue
$746K
Pt VIII · Ln 12
Total expenses
$809K
Pt IX · Ln 25
Net assets
$237K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$63K
Where spending went · Part IX cols B–D
82%
15%
Program services $0.82 Management & general $0.03 Fundraising $0.15
Program efficiency
82%
of spending reaches programs▲ +6% vs prior filing year
Operating runway
3.3mo
months of highly liquid reserves at operating expense rate▲ +6% vs prior filing year
Surplus margin
-8%
revenue over expenses, this year▲ +40% vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$746K
FY2024▼ -4%
$967K$483K$0
FY2020FY2024
Expenses
$809K
FY2024▼ -9%
$885K$443K$0
FY2020FY2024
Total assets
$239K
FY2024▼ -21%
$411K$205K$0
FY2020FY2024
Total liabilities
$1K
FY2024▲ +96%
$9K$5K$0
FY2020FY2024
Total revenue
$746K
Pt VIII · Ln 12
Total expenses
$809K
Pt IX · Ln 25
Net assets
$237K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$63K
Total assetsPt X · Ln 16$239K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 412
Mission & Programs · Part III
Where the work happens
3 program services account for $355K of program spending, described in the organization's own filed words · FY2024.
01
Blossom Bus
The Blossom Bus provides vehicles driven by trustworthy drivers to safely deliver young women to secondary school and college. We currently transport over 650 girls to secondary school and 40 young women to college.
$178Kprogram expense
02
Skills Training for Employment (step)
Skills Training for Employment seeks to reduce poverty by providing income-generating skills to those who most need them. Women learn tailoring and men are taught electrical and mechanical skills.
$89Kprogram expense
03
Catalyst
Through full scholarships (covering tuition, food, residence, utilities, class fees, and a daily allowance) of approximately $1,800 per girl, per year, the CATALYST program carries on the work of GATE by seeing through our long-term investment in girls education by helping to rebuild the intellectual class that was completely decimated…
Glenn Faucett’s $90K as Executive Dir.
is at the 81st percentile of top reported officer pay among 1984 $100K–1M youth development nonprofits.
Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
Individual Glenn Faucett · Reported title Executive Dir. · Highest reported compensation $90K · Total expenses $809K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $200K · Total expenses $809K
25%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
82%
—
—
Overhead ratio
3%
—
—
Fundraising cost ratio
17%
—
—
Revenue growth
-4%
—
—
Investment management fee ratio
0%
—
—
Legal fee ratio
0%
—
—
Accounting fee ratio
0%
—
—
Fundraising fee ratio
0%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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