Dress For Success Boston Inc
- Assets
- $690.8k
- Revenue
- $409.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Boston, MA
- Founding
- 06/2001
- Data as of
- 06/2022
- EIN
- 04-3554741
Organization Overview
Dress For Success Boston Inc is located in Boston, MA. The organization was established in 2001. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, Dress For Success Boston Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dress For Success Boston Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Dress For Success Boston Inc generated $409.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $528.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
DRESS FOR SUCCESS BOSTON, INC. (THE ORGANIZATION") WAS ORGANIZED IN THE COMMONWEALTH OF MASSACHUSETTS AS A NOT-FOR-PROFIT ON MARCH 27, 2001 AND HAS SERVED 286 WOMEN IN FISCAL YEAR 2022 AND OVER 14,912 WOMEN SINCE THEIR INCEPTION. THE ORGANIZATION IS AN AFFILIATE OF THE WORLDWIDE DRESS FOR SUCCESS ORGANIZATION, WHICH NOW HAS OVER 144 AFFILIATES IN 23 COUNTRIES. THE ORGANIZATION'S PURPOSE IS TO OFFER LONG-LASTING SOLUTIONS THAT ENABLE WOMEN TO BREAK THE CYCLE OF POVERTY. THE ORGANIZATION IS PART OF A GLOBAL MOVEMENT FOR CHANGE, EMPOWERING WOMEN TO OBTAIN SAFER AND BETTER FUTURES. WE PROVIDE EACH CLIENT WITH PROFESSIONAL ATTIRE TO SECURE EMPLOYMENT,BUT ARE ABOUT MUCH MORE THAN SIMPLY A NEW OUTFIT. BESIDES PROVIDING THE CLIENT WITH APPAREL AND ACCESSORIES, THE PROGRAMS FURNISH HER WITH A CONFIDENCE THAT SHE CARRIES FOREVER AND THE KNOWLEDGE THAT SHE CAN ACTIVELY DEFINE HER LIFE, THE DIRECTION SHE TAKES AND WHAT SUCCESS MEANS TO HER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Todd Executive Director | Officer | 35 | $93,834 |
Monica Brownlee Treasurer | OfficerTrustee | 0.5 | $0 |
Jacqueline Budd President | OfficerTrustee | 1 | $0 |
Angela Smith Secretary | OfficerTrustee | 0.5 | $0 |
Minnie Baylor Henry Director | Trustee | 0.5 | $0 |
Madora M Curtin Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $46,884 |
| Related organizations | $0 |
| Government grants | $45,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $321,209 |
| Noncash contributions included in lines 1a–1f | $72,800 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $413,093 |
| Total Program Service Revenue | $11,111 |
| Investment income | $1,874 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$16,872 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $409,206 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $130,107 |
| Compensation of current officers, directors, key employees. | $25,784 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $139,065 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,894 |
| Payroll taxes | $19,113 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,525 |
| Advertising and promotion | $0 |
| Office expenses | $25,206 |
| Information technology | $17,513 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $674 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,893 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,798 |
| Insurance | $3,623 |
| All other expenses | $101,070 |
| Total functional expenses | $528,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,623 |
| Savings and temporary cash investments | $301,142 |
| Pledges and grants receivable | $37,080 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $142,722 |
| Prepaid expenses and deferred charges | $10,744 |
| Net Land, buildings, and equipment | $11,296 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $108,212 |
| Total assets | $690,819 |
| Accounts payable and accrued expenses | $10,971 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,971 |
| Net assets without donor restrictions | $628,196 |
| Net assets with donor restrictions | $51,652 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $690,819 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Dress For Success Boston Inc has recieved totaling $97,941.
| Awarding Organization | Amount |
|---|---|
Dress For Success Worldwide New York, NY PURPOSE: SUPPORT OF MEMBER ORGANIZATION | $60,850 |
American Tower Charitable Foundation Inc Boston, MA PURPOSE: GENERAL PURPOSE | $15,000 |
Womens Foundation Of Boston Inc Boston, MA PURPOSE: PROGRAM SUPPORT | $10,000 |
American Endowment Foundation Hudson, OH PURPOSE: HUMAN SERVICE | $8,000 |
Eastern Bank Charitable Foundation Lynn, MA PURPOSE: EXEMPT PURPOSE | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $518 |
Endowment Analysis
| Beg. Balance | $48,740 |
| Earnings | $26 |
| Ending Balance | $48,766 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Middlesex Opportunity Council Inc Framingham, MA | $58,219,671 | $100,623,342 |
Bronxworks Inc Bronx, NY | $54,602,777 | $94,783,683 |
Sheltering Arms Children And Family Services Inc New York, NY | $61,235,788 | $88,686,017 |
North Shore Community Services Inc Westbury, NY | $256,637,537 | $86,285,675 |
Catholic Charities Of The Diocese Of Rochester Rochester, NY | $80,143,075 | $94,807,036 |
Community Assistance Resources & Extended Services Inc New York, NY | $66,076,171 | $123,796,849 |
New Hampshire Catholic Charities Inc Manchester, NH | $140,545,315 | $96,098,300 |
Jewish Child Care Association Of New York Brooklyn, NY | $129,020,546 | $88,573,003 |
Urban Resource Institute New York, NY | $63,202,447 | $74,244,658 |
Mount Sinai Health System Executive V P For Finance New York, NY | $0 | $70,946,441 |
Birch Family Services Inc New York, NY | $68,113,610 | $78,917,553 |
Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny Syracuse, NY | $64,792,131 | $74,096,320 |