DRESS FOR SUCCESS COLUMBUS

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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

2006

Legal Domicile

Principal Officer

HABIBA BANKSTON

Phone

6142915420

Tax Period

2023-01-01 to 2023-12-31

DRESS FOR SUCCESS COLUMBUS, founded in 2006, is a community nonprofit in the Employment sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $325K, a strong 16% operating margin.

Mission

DRESS FOR SUCCESS COLUMBUS PROVIDES INTERVIEW APPROPRIATE CLOTHING AND EMPOWERS WOMEN IN NEED TO ENTER AND REMAIN IN THE WORKPLACE.

Program Service Accomplishments

Program 1

Expenses: $1,510,628 Revenue: $0

DRESS FOR SUCCESS COLUMBUS (DFSC) SERVES HUNDREDS OF WOMEN EVERY YEAR BY PROVIDING INTERVIEW APPROPRIATE CLOTHING TO WOMEN WHO ARE IN NEED AND/OR RECEIVE VARIOUS TYPES OF PUBLIC ASSISTANCE EITHER...

DRESS FOR SUCCESS COLUMBUS (DFSC) SERVES HUNDREDS OF WOMEN EVERY YEAR BY PROVIDING INTERVIEW APPROPRIATE CLOTHING TO WOMEN WHO ARE IN NEED AND/OR RECEIVE VARIOUS TYPES OF PUBLIC ASSISTANCE EITHER WHILE ENTERING OR RE-ENTERING THE WORKFORCE. CLIENTS OF DFSC ARE ALSO REWARDED WITH A WEEK'S WORTH OF WORKPLACE APPROPRIATE CLOTHING ONCE THEY HAVE BEEN GAINFULLY EMPLOYED AFTER ENTRY INTO THE WORKFORCE. DFSC ALSO PROVIDES A CAREER COUNSELING AND A JOB RETENTION SUPPORT PROGRAM THAT HELPS BUILD CONFIDENCE AND SELF-ASSURANCE WITH THE DESIRED OUTCOME THAT THESE WOMEN REMAIN IN THE WORKFORCE.

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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 $1,861,057

Program Service Revenue $0

Investment Income $5,772

Other Revenue $115,215

TOTAL REVENUE $1,982,044

Expense Breakdown

Grants Paid $805,306

Salaries & Benefits $577,549

Fundraising Expenses $85,610

Program Expenses $1,510,628

Other Expenses $274,124

TOTAL EXPENSES $1,656,979

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,982,044	$1,008,372	+1.0%
Expenses	$1,656,979	$1,093,494	+0.5%
Net Income	$325,065	$-85,122	-4.8%

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

504

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

$117,700

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATE BAUER	IMMEDIATE PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
JENNIFER SAVAGE	PRESIDENT	2.00	Officer Director	$0	$0	$0
ADRIENNE WAGNER	TREASURER	2.00	Officer Director	$0	$0	$0
HILARY SIEVERS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CASSANDRA BINKLEY	SECRETARY	2.00	Officer Director	$0	$0	$0
AISHA ALLEN	BOARD MEMBER	2.00	Director	$0	$0	$0
TARRA AUFERHEIDE	BOARD MEMBER	2.00	Director	$0	$0	$0
CLARISSA GOOLSBY	BOARD MEMBER	2.00	Director	$0	$0	$0
JULIA GRISDELA	BOARD MEMBER	2.00	Director	$0	$0	$0
HARRIETTE HANSELL	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHELLE HURLEY	BOARD MEMBER	2.00	Director	$0	$0	$0
TASHA JONES	BOARD MEMBER	2.00	Director	$0	$0	$0
KRISTEN LEWIS	BOARD MEMBER	2.00	Director	$0	$0	$0
LESLIE MYLES	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNIE PERSICHETTI	BOARD MEMBER	2.00	Director	$0	$0	$0
AMANDA SWENSON TURNER	BOARD MEMBER	2.00	Director	$0	$0	$0
TIFFANY T WRIGHT	BOARD MEMBER	2.00	Director	$0	$0	$0
MAKYLA ZIMMERMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
HABIBA BANKSTON	EXECUTIVE DIRECTOR	50.00	Officer	$117,700	$0	$117,700

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
2024	No data	No data	No data	No data
2023	$1,982,044	$1,656,979	$1,288,931	$325,065
2022	$1,008,372	$1,093,494	$970,266	$-85,122
2021	$1,484,939	$1,260,442	$1,047,961	$224,497
2020	$1,907,358	$1,725,216	$896,930	$182,142
2019	$1,751,307	$1,480,394	$649,909	$270,913
2018	$1,280,742	$1,195,768	$387,854	$84,974