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410 Queens Quay Blvd. West
Toronto, ON M5V 3T1
CEO: Farah Mohamed
Board Member: Lori Spadorcia

Charitable Reg. #: 83102 1506 RR0001
Sector: Social Services
Operating Charity

Donor Accountability

Grade: B-

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Most recent audited financial statements available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

2012 2013 2014
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #0

Avg. Compensation $0

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2013

About G(irls)20:

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.

Financial Review:

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 Ratios

Fiscal 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 Statements

All figures in $s
Donations 548,636347,973324,110
Total revenues 548,636347,973324,110
Program costs 357,946313,541301,215
Administrative costs 46,27617,19012,434
Fundraising costs 24,52040,16710,000
Cash flow from operations 119,894(22,925)461
Funding reserves 108,69821,97416,673
Note: Ci adjusted for deferred donations, increasing total revenues by $100k in F2014. The charity reported that it did not have any paid employees in F2013.

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