DRESS FOR SUCCESS BOSTON 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

2001

Legal Domicile

Principal Officer

KRISTEN DALY

Phone

6177792177

Tax Period

2024-07-01 to 2025-06-30

DRESS FOR SUCCESS BOSTON INC, founded in 2001, is a small nonprofit in the Human Services sector that reported $713K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $145K, a strong 20% operating margin.

Mission

TO EMPOWER WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY PROVIDING A NETWORK OF SUPPORT, PROFESSIONAL ATTIRE, AND THE DEVELOPMENT TOOLS TO HELP WOMEN THRIVE IN WORK AND IN LIFE.

Program Service Accomplishments

Program 1

Expenses: $288,722 Revenue: $8,511

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 806 WOMEN IN FISCAL YEAR 2025 AND OVER...

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 806 WOMEN IN FISCAL YEAR 2025 AND OVER 16,802 WOMEN SINCE ITS INCEPTION. THE ORGANIZATION IS AN AFFILIATE OF THE WORLDWIDE DRESS FOR SUCCESS ORGANIZATION, WHICH NOW HAS OVER 130 AFFILIATES IN 15 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 WE ARE ABOUT MUCH MORE THAN SIMPLY A NEW OUTFIT. BESIDES PROVIDING THE CLIENT WITH APPAREL AND ACCESSORIES, OUR PROGRAMS FURNISH HER WITH CONFIDENCE 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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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 (2024)

Revenue Breakdown

Contributions & Grants $699,039

Program Service Revenue $8,511

Investment Income $26,560

Other Revenue $-21,368

TOTAL REVENUE $712,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $294,495

Fundraising Expenses $143,580

Program Expenses $288,722

Other Expenses $273,265

TOTAL EXPENSES $567,760

Year-over-Year Comparison

	2024	2023	Change
Revenue	$712,742	$522,965	+0.4%
Expenses	$567,760	$552,322	+0.0%
Net Income	$144,982	$-29,357	-5.9%

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

Volunteers

185

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

$123,296

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTEN DALY	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
ANGELA SMITH	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
MONICA BROWNLEE	TREASURER	0.50	Officer Director	$0	$0	$0
MADORA M CURTIN	CLERK	0.50	Officer Director	$0	$0	$0
LUISA BORGES	DIRECTOR	0.50	Director	$0	$0	$0
JACQUELINE BUDD	DIRECTOR	0.50	Director	$0	$0	$0
PETER E GELHAAR	DIRECTOR	0.50	Director	$0	$0	$0
MINNIE BAYLOR HENRY	DIRECTOR	0.50	Director	$0	$0	$0
MEGHAN HOULE	DIRECTOR	0.50	Director	$0	$0	$0
DENISE MARKS	DIRECTOR	0.50	Director	$0	$0	$0
ANGELA MENINO	DIRECTOR - EMERITUS	0.00	Director	$0	$0	$0
PETER PEDRO JR	DIRECTOR	0.50	Director	$0	$0	$0
MITCHELL RIESENBERGER	DIRECTOR	0.50	Director	$0	$0	$0
NANCY SCHNEIDER	DIRECTOR	0.50	Director	$0	$0	$0
FEMI WASSERMAN	DIRECTOR	0.50	Director	$0	$0	$0
BENNIE WILEY	DIRECTOR	0.50	Director	$0	$0	$0
DENISE R WOLFFS	DIRECTOR	0.50	Director	$0	$0	$0
KIMBERLY TODD	PRESIDENT	35.00	Officer	$86,757	$36,539	$123,296

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	$712,742	$567,760	$1,166,571	$144,982
2024	$522,965	$552,322	$1,022,240	$-29,357
2023	$978,145	$620,913	$1,049,964	$357,232
2022	$409,206	$528,781	$690,819	$-119,575
2021	$557,420	$440,119	$854,857	$117,301
2020	$448,345	$431,827	$734,235	$16,518
2019	$421,635	$479,838	$674,369	$-58,203
2018	$496,353	$493,496	$733,235	$2,857