SUITS FOR SUCCESS INC

EIN: 223761833 501(c)(3)

JERSEY CITY, NJ

Total Revenue
$216,989
Total Expenses
$204,289
Total Assets
$37,928
Net Assets
$37,928
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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
NJ
Principal Officer
NIDIA R LOPEZ
Phone
2013950202
Tax Period
2019-01-01 to 2019-12-31

SUITS FOR SUCCESS INC, founded in 2001, is a small nonprofit that reported $217K in total revenue in fiscal year 2019. Expenses of $204K left a modest 6% surplus.

Mission

ASSISTS LOW INCOME MEN AND WOMEN EMPLOYMENT

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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 (2019)

Revenue Breakdown

Contributions & Grants $188,729
Program Service Revenue $0
Investment Income $0
Other Revenue $28,260
TOTAL REVENUE $216,989

Expense Breakdown

Grants Paid $0
Salaries & Benefits $93,278
Fundraising Expenses $0
Program Expenses $162,680
Other Expenses $111,011
TOTAL EXPENSES $204,289

Year-over-Year Comparison

2019 2018 Change
Revenue $216,989 $226,900 0.0%
Expenses $204,289 $268,890 -0.2%
Net Income $12,700 $-41,990 -1.3%
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
10
Independent Members
10
Employees
2
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
1
$62,400
Total Directors
11
$62,400
Key Employees
1
$62,400
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NIDIA R LOPEZ EXECUTIVE DIRECTOR 35.00
Officer Director Key Emp Highest
$62,400 $0 $62,400
DRGEORGE BLOUNT TRUSTEE 10.00
Director
$0 $0 $0
SIMUEL WILSON TRUSTEE 10.00
Director
$0 $0 $0
DR JENNIFER JONES TRUSTEE 10.00
Director
$0 $0 $0
PROFCHANAZ GARGOURI TRUSTEE 10.00
Director
$0 $0 $0
RENATA WIERZBINSKI SECRETARY 10.00
Director
$0 $0 $0
NICOLAS JAYME TRUSTEE 10.00
Director
$0 $0 $0
ASIM ALI TRUSTEE 10.00
Director
$0 $0 $0
MELIDA RODAS TRUSTEE 10.00
Director
$0 $0 $0
ANTHONY DELUCO TRUSTEE 10.00
Director
$0 $0 $0
NOREEN COLLINSESQ TRUSTEE 10.00
Director
$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
2019 $216,989 $204,289 $37,928 $12,700
2017 $211,061 $381,280 $87,615 $-170,219
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