Nonprofit · EIN 47-3894644
GIRLS WHO INVEST INC
Tax-exempt · NEW YORK, NY 10005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $13,837,535 | $11,551,180 | $2,286,355 | $28,488,714 | $2,811,014 | $25,677,700 |
| September 30, 2024 | 990 | $10,375,585 | $9,119,168 | $1,256,417 | $25,945,581 | $2,553,498 | $23,392,083 |
| September 30, 2023 | 990 | $13,520,252 | $7,991,313 | $5,528,939 | $22,797,882 | $714,084 | $22,083,798 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $11,150,831
- Program service revenue
- $2,192,131
- Investment income
- $494,573
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,138,678
- Other salaries and wages
- $2,161,347
- Salaries, compensation and benefits (total)
- $5,028,234
- Professional fundraising fees
- $0
- Legal fees
- $209,832
- Accounting fees
- $37,800
- Occupancy
- $222,546
- Travel
- $9,945
- Program services (functional)
- $9,783,159
- Management and general (functional)
- $926,742
- Fundraising (functional)
- $841,279
Balance sheet and other
- Total assets, start of year
- $25,945,581
- Total assets, end of year
- $28,488,714
- Total liabilities, end of year
- $2,811,014
- Net assets, end of year
- $25,677,700
- Publicly traded securities
- $2,197,554
- Net assets without donor restrictions
- $17,457,231
- Net assets with donor restrictions
- $8,220,469
- Gross receipts
- $13,837,535
- Employees
- 29
- Volunteers
- 0
- Year formed
- 2015
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHERINE COLSHER | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 40 | $512,125 | $17,250 |
| MICHELLE DEFOSSETT | CHIEF OPERATING OFFICER Officer | 40 | $346,737 | $34,490 |
| HEATHER PERCEVAL | HEAD OF PROGRAMS AND CAREER ADVANCEMENT Highest-paid employee | 40 | $288,462 | $11,373 |
| CHRISTINA MARIE KIM | HEAD OF PARTNERSHIPS Highest-paid employee | 40 | $252,039 | $33,791 |
| MARIA GARCIA ASAYAG | DIRECTOR OF RECRUITING AND ADMISSIONS Highest-paid employee | 40 | $178,990 | $22,331 |
| GINA ARONSTEIN | DIRECTOR OF COMMUNICATIONS AND MARKETING Highest-paid employee | 40 | $175,025 | $9,178 |
| MAYELA CALDERON | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $171,650 | $332 |
| KIM LEW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BAL DAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MYRA DRUCKER | DIRECTOR - END DATE 10/24 Trustee or director | 1 | $0 | $0 |
| SEEMA HINGORANI | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| ANNA NIKOLAYEVSKY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LARRY SCHLOSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BETTY HUNG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HEATHER MINER | DIRECTOR Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CANDICE STACK | DIRECTOR Trustee or director | 1 | $0 |
| BILGE YILMAZ | DIRECTOR Trustee or director | 1 | $0 |
| LISA MCGOWAN | DIRECTOR Trustee or director | 1 | $0 |
| AVI BANYASZ | DIRECTOR - START DATE 10/24 Trustee or director | 1 | $0 |
| ROBERT BITTENCOURT | DIRECTOR - START DATE 02/25 Trustee or director | 1 | $0 |
| TINA BYLES WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| COLLETTE CHILTON | DIRECTOR Trustee or director | 1 | $0 |
| PERRY GOLKIN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHERINE COLSHER | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 40 | $480,000 | $13,200 |
| DEFOSSETT MICHELLE | CHIEF OPERATING OFFICER Officer | 40 | $331,250 | $26,056 |
| CHRISTINA MARIE KIM | HEAD OF PARTNERSHIPS Highest-paid employee | 40 | $261,750 | $28,406 |
| HEATHER PERCEVAL | HEAD OF PROGRAMS Highest-paid employee | 40 | $246,500 | $10,553 |
| CRINDELL N HUMPHREYS | DIRECTOR OF CAREER DEVELOPMENT Highest-paid employee | 40 | $228,500 | $16,657 |
| MARIA GRACIA ASAYAG | DIRECTOR OF RECRUITING AND ADMISSIONS Highest-paid employee | 40 | $173,000 | $13,621 |
| MAYELA IRAIS CALDERON | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $165,280 | $14,128 |
| BAL DAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MYRA DRUCKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SEEMA HINGORANI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNA NIKOLAYEVSKY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LARRY SCHLOSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BETTY HUNG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIM LEW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CANDICE STACK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILGE YILMAZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PERRY GOLKIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TINA BYLES WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COLLETTE CHILTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HEATHER MINER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA MCGOWAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHERINE COLSHER | CHIEF EXECUTIVE OFFICER Officer | 40 | $429,500 | $1,187 |
| DEFOSSETT MICHELLE | CHIEF OPERATING OFFICER Officer | 40 | $277,774 | $22,732 |
| CHRISTINA MARIE KIM | HEAD OF PARTNERSHIPS Highest-paid employee | 40 | $216,156 | $7,102 |
| HEATHER PERCEVAL | HEAD OF PROGRAMS Highest-paid employee | 40 | $205,838 | $11,987 |
| CRINDELL HUMPHREYS | DIRECTOR OF CAREER DEVELOP Highest-paid employee | 40 | $173,702 | $12,413 |
| BAL DAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN CARTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MYRA DRUCKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SEEMA HINGORANI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNA NIKOLAYEVSKY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LARRY SCHLOSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BETTY HUNG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIM LEW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CANDICE STACK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILGE YILMAZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PERRY GOLKIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TINA BYLES WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COLLETTE CHILTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 28 LIBERTY ST FL 6, NEW YORK, NY 10005-1496
- Principal officer (990 for 2024)
- MICHELLE DEFOSSETT, 28 LIBERTY ST FL6, NEW YORK, NY 10005
- Signed the 990
- MICHELLE DEFOSSETT, CHIEF OPERATING OFFICER
- Phone
- (212) 439-5677
- Return prepared by
- PROSPERITY PARTNERS
Mission
GIRLS WHO INVEST IS DEDICATED TO TRANSFORMING THE INVESTMENT MANAGEMENT INDUSTRY BY ATTRACTING AND ADVANCING INVESTORS, CHANGE-MAKERS, AND LEADERS.
Program accomplishments
- SUMMER INTENSIVE PROGRAM (SIP): OUR 4-WEEK ACADEMIC TRAINING AT THE WHARTON SCHOOL OF UNIVERSITY OF PENNSYLVANIA, LED BY TOP UNIVERSITY PROFESSORS AND FOLLOWED BY A 7-WEEK PAID, FRONTLINE INVESTING INTERNSHIP AT ONE OF 130+ LEADING INVESTMENT MANAGEMENT FIRMS.Expenses $5,772,064
- ONLINE INTENSIVE PROGRAM (OIP): OUR SELF-DIRECTED, ASYNCHRONOUS EDUCATIONAL PROGRAM, WHICH ALLOWS INDEPENDENT LEARNERS TO MASTER FINANCE AND INVESTING FUNDAMENTALS. A LIMITED SUBSET OF THIS POPULATION IS ALSO PLACED IN INTERNSHIPS.Expenses $1,467,474
- ALUMNI CAREER INSTITUTE: CAREER ADVISORY SERVICES, COMMUNITY BUILDING, AND CONNECTIONS FOR OUR ALUMNI AT ALL STAGES OF THEIR CAREERS. ALL ALUMNI CAN ACCESS EXCLUSIVE CAREER RESOURCES AND FIND OTHER ALUMNI WORKING AT THEIR FIRM ON THE GWI CAREER PORTAL.Expenses $2,543,621
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 47-3894644
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J22)
- Assets (IRS master file)
- $28,488,714
- Income (IRS master file)
- $13,837,535
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $13,837,535 | $11,551,180 | $28,488,714 | XML |
| 990 | September 2024 | $10,375,585 | $9,119,168 | $25,945,581 | XML |
| 990 | September 2023 | $13,520,252 | $7,991,313 | $22,797,882 | XML |
| 990 | September 2022 | $12,776,923 | $5,516,107 | $17,263,658 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-3894644).
Questions about GIRLS WHO INVEST INC
- What is the EIN of GIRLS WHO INVEST INC?
- The employer identification number (EIN) of GIRLS WHO INVEST INC is 47-3894644.
- Is GIRLS WHO INVEST INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to GIRLS WHO INVEST INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GIRLS WHO INVEST INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GIRLS WHO INVEST INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GIRLS WHO INVEST INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of GIRLS WHO INVEST INC?
- The 990 for the year ended September 30, 2025 names MICHELLE DEFOSSETT.
- Who are the officers and directors of GIRLS WHO INVEST INC?
- The 990 for the year ended September 30, 2025 lists 23 people; 7 received compensation from the organization, the highest $512,125 (KATHERINE COLSHER, CHIEF EXECUTIVE OFFICER).
- How much revenue does GIRLS WHO INVEST INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $13,837,535, expenses of $11,551,180 and total assets of $28,488,714 at year end.
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