Friends of Gueoul
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Friends of Gueoul meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to enable female students in Gueoul, Senegal, to achieve economic and life successes by creating access to education through high school and beyond."
Year, State Incorporated:
2005, CO
Friends of Gueoul (FoG) reports it works to promote education access for girls in Gueoul, Senegal. The organization provides annual scholarships to girls from kindergarten to university. FoG also provides educational support and enrichment programs, such as tutoring, test preparation, school supplies, e-learning access, English as a Second Language, and cross-cultural learning partnerships with United States high schools. In 2022, the organization reports that it supported 168 students in primary and secondary school and awarded 14 scholarships to first-grade students.
For the year ended June 30, 2023, Friends of Gueoul's program expenses were:
Program services: $119,985
Total Program Expenses: $119,985
Chief Executive
Elke McGuire, Executive Director
Compensation*
$52,000
Chair of the Board
Marny Eulberg
Chair's Profession / Business Affiliation
Retired, Physician
Board Size
7
Paid Staff Size
1
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Telemarketing, Print advertisements
Fundraising costs were 22% of related contributions. (Related contributions, which totaled $144,983, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Friends of Gueoul's audited financial statements for the year ended June 30, 2023.
Source of Funds
| Investment income | $8,634 |
| Contributions | $132,504 |
| Grants | $2,000 |
| Special events | $605 |
| In-kind contributions | $9,874 |
| Total Income | $153,617 |
Programs: 65% Fundraising: 18% Administrative: 17%
| Total Income | $153,617 |
| Total expenses: | $183,324 |
| Program expenses | $119,985 |
| Fundraising expenses | $32,333 |
| Administrative expenses | $31,006 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-29,707 |
| Beginning Net Assets | $70,269 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $40,562 |
| Total Liabilities | $0 |
| Total Assets | $40,562 |
Note: According to FoG’s unaudited financial statements for the year ended June 30, 2023, the organization received in-kind contributions of $9,874 in the form of graphic design and web hosting ($4,549), accounting ($4,125), and Senegal language lessons ($1,200).
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RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance