SUIT YOURSELF INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

SUIT YOURSELF INC, founded in 2005, is a micro nonprofit in the Human Services sector that reported $21K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Net assets of $62K represent 36 months of operating reserves.

Mission

COLLECT AND DISTRIBUTE FREE CAREER CLOTHING TO WOMEN IN NEED

Program Service Accomplishments

Program 1

Expenses: $21,142

GATHERED GENTLY USED OR NEW WOMENS CLOTHING AND ACCESSORIES TO BE DISTRIBUTED TO WOMEN IN NEED FROM LAKE, ASHTABULA, AND GEAUGA COUNTIES IN OHIO. USED TRAINED VOLUNTEERS TO STAFF CLOTHING...

GATHERED GENTLY USED OR NEW WOMENS CLOTHING AND ACCESSORIES TO BE DISTRIBUTED TO WOMEN IN NEED FROM LAKE, ASHTABULA, AND GEAUGA COUNTIES IN OHIO. USED TRAINED VOLUNTEERS TO STAFF CLOTHING APPOINTMENTS. PURCHASE SUPPLIES FROM FUNDS RAISED BY HOSTING A SIGNATURE FUNDRAISING DINNER AND RAFFLE AND OTHER SMALL EVENTS TO MARKET THE PROGRAM AND RECRUITE VOLUNTEERS. TRAINED VOLUNTEERS TO DISTRIBUTE CAREER APPROPRIATED CLOTHING AND ACCESSORIES TO WOMEN WHO WERE REFERRED BY SOCIAL SERVICE AGENCES AND EDUCATIONAL INSTITUTIONS IN THE TARGET SERVICE AREAD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,728

Program Service Revenue $19,280

Investment Income $22

Other Revenue $0

TOTAL REVENUE $21,030

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,142

Other Expenses $21,142

TOTAL EXPENSES $21,142

Year-over-Year Comparison

	2023	2022	Change
Revenue	$21,030	$16,631	+0.3%
Expenses	$21,142	$13,301	+0.6%
Net Income	$-112	$3,330	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNN HADESH	TRUSTEE	1.00	Director	$0	$0	$0
ARELENE BECKS	TRUSTEE	1.00	Director	$0	$0	$0
JAN METCALF	TRUSTEE	1.00	Director	$0	$0	$0
HELEN DRAKE	TRUSTEE	1.00	Director	$0	$0	$0
ALICE HARDEN	VICE PRESIDENT	2.00	Officer	$0	$0	$0
SHARAN MCPADDEN	PRESIDENT	3.00	Officer	$0	$0	$0
JILL OLIVER	SECRETARY	1.00	Officer	$0	$0	$0
BARBARA BRITT	TREASURER	3.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$21,030	$21,142	$62,311	$-112
2023	$16,631	$13,301	$62,651	$3,330
2022	$30,388	$14,039	$59,321	$16,349
2021	$8,856	$13,149	$42,972	$-4,293