Save A Suit Inc

Organization Overview

Save A Suit Inc is located in Bethel, CT. The organization was established in 2011. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Save A Suit 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 12/2021, Save A Suit Inc generated $631.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $531.4k during the year ending 12/2021. While expenses have increased by 14.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FORMER MILITARY AND COLLEGE GRADUATES WITH PROFESSIONAL BUSINESS ATTIRE AND THE CONFIDENCE NEEDED TO SUCCEED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUITING UP VETERANS AND TRANSITIONING SERVICE MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Alexis Carrera
Executive Dir.
$28,735
Scott Sokolowski
Chairman
$0
Carl Berman
Treasurer
$0
Gary Kuhn
Secretary
$0
Troy Bree
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$942,846
Noncash contributions included in lines 1a–1f $650,479
Total Revenue from Contributions, Gifts, Grants & Similar$942,846
Total Program Service Revenue$31,000
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,372
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$341,057
Miscellaneous Revenue$0
Total Revenue $631,737

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Save A Suit Inc has recieved totaling $10,000.

Awarding OrganizationAmount
The Red Sox Foundation Inc

Boston, MA

PURPOSE: SCHED I SUPPLEMENTAL INFORMATION

$10,000
View Grant Recipient Profile

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