CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.

Note(s)
According to the Girls Incorporated audit of March 31, 2016 (Note 1, In-Kind Contributions), Girls Incorporated received total in-kind contributed goods and services valued at $629,849 in fiscal 2016, including $507,877 in donated advertising services.

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found by clicking on "About CharityWatch" from the navigation bar and then clicking on "Criteria & Methodology".]
According to the Girls Incorporated tax filing for the fiscal year-ended March 31, 2016 (IRS Form 990, Schedule I, Part II), approximately $1,737,000 in cash grants were made to 39 Girls Incorporated affiliates for the purpose of travel reimbursement and training in fiscal 2016.

[Note: CharityWatch's rating of Girls Incorporated is for the national office and does not include the financial activities of the Girls Incorporated affiliates, "each of which has its own independent board of directors and maintains separate accounts," according to Note 1 of the Girls Incorporated audit of March 31, 2016.]

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