Toronto, ON M5V 3T1
CEO: Farah Mohamed
Board Member: Lori Spadorcia
Charitable Reg. #: 83102 1506 RR0001
Grade: B-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #0
Avg. Compensation $0
Top 10 Staff Salary Range
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Launched in 2009, G(irls)20 aims to advance the full participation of girls and women globally through their economic and educational empowerment. G(irls)20 organizes an annual global summit that takes place in the G20 host country, with one delegate from each G20 country, plus a representative from the European and African Unions, Afghanistan, Pakistan, and the MENA region. Delegates participate in workshops focused on building their skills in technology, entrepreneurism, communications & leadership. The past 5 summits have taken place in Toronto, Canada (2010), Paris, France (2011), Mexico City, Mexico (2012), Moscow, Russia (2013), and Sydney, Australia (2014). The 2015 summit will be held in Istanbul, Turkey.
The charity’s programming also includes global mentorships/coaching for G(irls)20 former delegates. It has recently launched Fathers Empowering Daughters, a global campaign that aims to involve men in the empowerment of girls and women. G(irls)20 plans on launching Bootcamp for Brains and Girls on Boards in 2016 in Canada.
In F2014 administrative costs were 8% of revenues, while fundraising costs were 5% of donations. G(irls)20 has funding reserves of $109k, which cover 30% of annual program costs. The charity’s only source of revenue is donations, which totalled $548k in F2014.
Updated August 11, 2015 by Zoe Best.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||8.4%||4.9%||3.8%|
|Fundraising costs as % of donations||4.5%||11.5%||3.1%|
|Program cost coverage (%)||30.4%||7.0%||5.5%|
Summary Financial StatementsAll figures in $s
|Cash flow from operations||119,894||(22,925)||461|