ACCESSORY COUNCIL 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

1994

Legal Domicile

Principal Officer

GABRIEL JACOBO

Phone

2129471135

Tax Period

2025-01-01 to 2025-12-31

ACCESSORY COUNCIL INC, founded in 1994, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2025. Expenses of $1.9M exceeded revenue, resulting in a 12% operating deficit.

Mission

THE MISSION OF THE ACCESSORY COUNCIL IS TO STIMULATE CONSUMER AWARENESS, EDUCATE THE INDUSTRY AND STIMULATE THE DEMAND FOR FASHION. THE ACCESSORY COUNCIL ALSO SERVES AS AN ADVOCATE FOR THE INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $499,370 Revenue: $763,859

ACE AWARDS - PROGRAM ACHIEVES ITS EXEMPT PURPOSE BY BRINGING THE INDUSTRY TOGETHER TO FURTHER EDUCATE, STIMULATE AND RECOGNIZE THE ACCESSORY INDUSTRY AND THOSE WHO HAVE MADE AN IMPACT.

Program 2

Expenses: $58,700 Revenue: $61,070

DESIGN EXCELLENCE AWARDS - THIS PROGRAM ACHIEVES ITS EXEMPT PURPOSE BY RECOGNIZING THE ACHIEVEMENT OF STUDENTS IN THE FASHION INDUSTRY WHICH BRINGS THOSE IN ATTENDANCE TOGETHER TO FURTHER EDUCATE THE...

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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 (2025)

Revenue Breakdown

Contributions & Grants $466,670

Program Service Revenue $1,219,087

Investment Income $10,595

Other Revenue $0

TOTAL REVENUE $1,696,352

Expense Breakdown

Grants Paid $1,490

Salaries & Benefits $649,908

Fundraising Expenses $0

Program Expenses $909,572

Other Expenses $1,249,892

TOTAL EXPENSES $1,901,290

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,696,352	$1,768,972	0.0%
Expenses	$1,901,290	$1,819,202	+0.0%
Net Income	$-204,938	$-50,230	+3.1%

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

N/A

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

$200,293

Total Directors

$366,505

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMIE JANKOWSKI	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
BETH GOLDSTEIN	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
BRETT FIALKOFF	ADVISORY BOARD	0.20	Director	$0	$0	$0
BRUNA SUMBERAC MANEY	ADVISORY BOARD	0.20	Director	$0	$0	$0
CAROL HOCHMAN	ADVISORY BOARD	0.20	Director	$0	$0	$0
DREW PIZZO	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
FRAN LUKAS	VICE-CHAIRMAN	0.20	Officer Director	$0	$0	$0
FRANK ZAMBRELLI	CHAIRMAN	0.20	Officer Director	$0	$0	$0
GABRIEL ALVAREZ JACOBO	TREASURER	0.20	Officer Director	$0	$0	$0
JARROD KAHN	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
JAY LAKHANI	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
JAY SCHMIDT	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
JENNIFER YUE	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
JENNA COHEN	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
KADIAN LANGLAIS	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
KAREN GIBERSON	PRESIDENT	35.00	Officer Director	$200,293	$0	$200,293
KATIE FALCHI	ADVISORY BOARD	0.20	Director	$0	$0	$0
RYAN MAYER	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
KENDRA BRIDELLE	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
LELA KATSUNE	ADVISORY BOARD	0.20	Director	$0	$0	$0
LELE SADOUGHI	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
MARISSA GALANTE FRANK	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
MARISA GARDINI	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
MARY BELLE	ADVISORY BOARD	0.20	Director	$0	$0	$0
MONICA RICH KOSANN	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
PATTY LETO	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
MARY LISA IDOL	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
RACHEL UNGARO	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
ROBERTO GENOVESE	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
SAMANTHA NIEWADOMSKI	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
SLOAN TICHNER	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
STEVEN ROBERTS	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
THELMA MARTINEZ-FULLER	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
THOMAS BURKHARDT	VICE-CHAIRMAN	0.20	Officer Director	$0	$0	$0
MONICA ELIAS	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
TONY DROCKTON	ADVISORY BOARD	0.20	Director	$0	$0	$0
VALENTINA CERCHIARI	BOARD OF DIRECTORS	0.20	Director	$0	$0	$0
IRENE FITZGERALD	CHIEF OF STAFF	35.00	Director	$166,212	$0	$166,212

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	$1,696,352	$1,901,290	$380,829	$-204,938
2024	No data	No data	No data	No data
2023	$1,273,020	$1,487,524	$493,353	$-214,504
2022	$1,397,399	$1,336,485	$688,568	$60,914
2021	$1,269,886	$1,197,167	$693,203	$72,719
2020	$382,601	$546,138	$581,892	$-163,537
2019	$1,608,799	$1,593,978	$580,750	$14,821
2018	$1,492,946	$1,400,014	$559,720	$92,932