Duplessy Foundation Inc

EIN: 141956724 501(c)(3) Employment

BOSTON, MA

Total Revenue
$182,907
Total Expenses
$181,795
Total Assets
$6,515
Net Assets
$1,684
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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
2009
Legal Domicile
MA
Principal Officer
Derrick Duplessy
Phone
6172949545
Tax Period
2023-01-01 to 2023-12-31

Duplessy Foundation Inc, founded in 2009, is a small nonprofit in the Employment sector that reported $183K in total revenue in fiscal year 2023. Revenue surged 606% from the prior year, signaling strong growth momentum.

Mission

Duplessy Foundation provides sales training to women, immigrant, and minority business owners. Our activities include: Monthly sales workshops: These are provided free of charge in partnership with Community Development Financial Institutions. Volunteer sales professionals work with the business owners on their sales strategy and process. Sales Accelerator Program: This 12-week program provides diverse business owners the opportunity to learn the fundamental sales skills. They write their sales strategy including their ideal customer profile, sales offer, sales channel and conversation method.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $121,253
Program Service Revenue $61,654
Investment Income $0
Other Revenue $0
TOTAL REVENUE $182,907

Expense Breakdown

Grants Paid $0
Salaries & Benefits $28,258
Fundraising Expenses $0
Program Expenses $0
Other Expenses $153,537
TOTAL EXPENSES $181,795

Year-over-Year Comparison

2023 2022 Change
Revenue $182,907 $25,899 +6.1%
Expenses $181,795 $91,478 +1.0%
Net Income $1,112 $-65,579 -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

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Governance

Voting Members
4
Independent Members
3
Employees
1
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
0
$0
Total Directors
0
$0
Key Employees
1
$20,541
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Derrick Duplessy Founder/CEO 40.00
Key Emp
$20,541 $0 $20,541
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
2023 $182,907 $181,795 $6,515 $1,112
2022 $25,899 $91,478 $3,309 $-65,579
2021 $204,951 $139,993 $78,804 $64,958
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