Style Her Empowered INC EIN 82-1663175

Style Her Empowered INC FY2023 filing

EIN  82-1663175 Public charity (501(c)(3)) Boise, ID
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers girls and women globally with education and jobs for lasting success.
Leadership
Payton McGriff · CEO · $48K
Money in and out
$177K revenue, $175K expenses
Bottom line
86% program efficiency

Empowers girls and women globally with education and jobs for lasting success. For fiscal year 2023 it reported $177K in revenue, $175K in expenses, and $148K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$177K
Pt VIII · Ln 12
Total expenses
$175K
Pt IX · Ln 25
Net assets
$148K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.14
Program efficiency
86%
of spending reaches programs
Operating runway
9.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+1%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$177K
FY2023▼ -18%
Expenses
$175K
FY2023▲ +4%
Total assets
$148K
FY2023▼ -1%
Total liabilities
$0
FY2023▼ -100%
Total revenue
$177K
Pt VIII · Ln 12
Total expenses
$175K
Pt IX · Ln 25
Net assets
$148K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2K
Total assetsPt X · Ln 16$148K
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $150K of program spending, described in the organization's own filed words · FY2023.
01

Girls' Education

We provided full education sponsorships to 1,500 girls in 21 rural villages in Togo, Africa. Every girl in our program receives a new school uniform that grows, full-tuition scholarships, reusable menstrual health kits, school materials, and year-round support from our local team of tutors and program directors.

$78Kprogram expense
02

Women's Employment

We create jobs for seamstresses from low-income and low-education backgrounds in our sustainable apparel factories located in the rural villages of Notse and Kpove. Our first sustainable factory opened in 2019 in Togo, Africa, and we've grown to employ 20 seamstresses full-time.

$53Kprogram expense
03

Sustainability

We design products that are better for girls, women, and the environment. One of our signature products is our school uniform that expands with girls as they grow. This dress is designed to grow six sizes and up to 12" in length, and it's designed to help girls stay in school confidently without fear of outgrowing their required school…

$19Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStyle Her Empowered INC
EINHdr · item D82-1663175
Principal addressHdr · item CBoise, ID
WebsiteHdr · item Jstyleherempowered.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MID
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFJun 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$47,935Pt VII · Sec A
Secretary (until 12/2023)
$0Pt VII · Sec A
Secretary (from 12/2023)
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Payton McGriff’s $60K as CEO is at the 51st percentile of top reported officer pay among 1616 $100K–1M education 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Payton McGriff$59,867$47,935$59,841$50,320
Payton McGriff$14,000

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.

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Statement of Revenue

Part VIII
Contributions & grants$168K · 95%
Other revenue$9K · 5%
Contributions & grants95%$168K
Other revenue5%$9K
Total revenueLn 12$177K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$150K
Management & general14%$25K
Total functional expensesLn 25$175K

Balance Sheet

Part X · end of year
CashLn 1$137K
Total assetsLn 16$148K
Total liabilitiesLn 26$0
Total net assetsLn 32$148K
Months of cash on handcomputed9.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $137K · Operating expenses/yr $175K
9.4 months
Where the money goes
Program services
Program services $150K · Total expenses $175K
86%
Management & General
Management & general $25K · Total expenses $175K
14%
Fundraising
Fundraising $0 · Total expenses $175K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $187K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $168K · Total revenue $177K
95%
Government reliance
Government grants — · Total revenue $177K
Earned-income share
Program service revenue $0 · Total revenue $177K
0%
Investment reliance
Investment income $0 · Total revenue $177K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $175K
0%
Growth & trend
Revenue growth (YoY)
This year $177K · Prior year $215K
-18%
Net-asset trend (YoY)
End of year $148K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $177K · Expenses $175K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $148K
Net-asset ratio
Net assets $148K · Total assets $148K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $148K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Payton McGriff · Reported title CEO · Highest reported compensation $48K · Total expenses $175K
27%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $50K · Total expenses $175K
29%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 14%
Fundraising cost ratio 0%
Revenue growth -18%
Accounting fee ratio 3%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$352K revenue · ⤓ 990 PDF
FY2023$177K revenue · viewing · ⤓ 990 PDF
FY2022$215K revenue · ⤓ 990 PDF
FY2021$178K revenue · ⤓ 990 PDF
FY2020$95K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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