Dress Best For Less
- Assets
- $423.8k
- Revenue
- $328.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Oakland, CA
- Founding
- 05/1983
- Data as of
- 06/2024
- EIN
- 94-2832143
Organization Overview
Dress Best For Less is located in Oakland, CA. The organization was established in 1983. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 06/2024, Dress Best For Less employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dress Best For Less 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 06/2024, Dress Best For Less generated $328.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $271.5k during the year ending 06/2024. While expenses have increased by 4.2% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH UPSCALE RESALE DBFL RAISES FUNDS FOR THE PIEDMONT UNIFIED SCHOOL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING A RETAIL STOREFRONT DBFL RESELLS UPSCALE GOODS DONATED FROM THE LOCAL COMMUNITY IN ORDER TO RAISE FUNDS FOR THE PIEDMONT UNIFIED SCHOOL DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Smith Munyan President | Officer | 10 | $0 |
Huldah Hodgkinson Vice President | Officer | 2 | $0 |
Christine Smith Treasurer | Officer | 5 | $0 |
Gayle Sells Secretary | Officer | 2 | $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 | $2,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,550 |
| Total Program Service Revenue | $0 |
| Investment income | $5,151 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $320,816 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $328,517 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $66,600 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,308 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,407 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,335 |
| Office expenses | $1,017 |
| Information technology | $2,858 |
| Royalties | $0 |
| Occupancy | $92,010 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,095 |
| All other expenses | $0 |
| Total functional expenses | $271,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,050 |
| Savings and temporary cash investments | $397,425 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,292 |
| Total assets | $423,767 |
| Accounts payable and accrued expenses | $3,069 |
| 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 | $3,069 |
| Net assets without donor restrictions | $420,698 |
| Net assets with donor restrictions | $0 |
| 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 | $423,767 |
Grants Awarded
Over the last fiscal year, Dress Best For Less has awarded $66,600 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PIEDMONT EDUCATIONAL FOUNDATION PURPOSE: School support grant | $50,000 |
PIEDMONT UNIFIED SCHOOL DISTRICT PURPOSE: School support | $6,600 |
CITY OF PIEDMONT RECREATION PURPOSE: Educational program support | $6,500 |
PIEDMONT HIGH SCHOOL BOOSTER CLUB PURPOSE: Turkey Trot Sponsorship | $3,500 |