FASHION GROUP INTERNATIONAL INC REGIONAL

EIN: 237044125

NEW YORK, NY

Total Revenue
$406,863
Total Expenses
$478,109
Total Assets
$141,715
Net Assets
$141,715
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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
1949
Legal Domicile
NY
Principal Officer
Maryanne Grisz
Phone
2123025511
Tax Period
2023-01-01 to 2023-12-31

FASHION GROUP INTERNATIONAL INC REGIONAL, founded in 1949, is a small nonprofit that reported $407K in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $478K exceeded revenue, resulting in a 18% operating deficit.

Mission

EACH REGIONAL GROUP OF THE FASHION GROUP INTERNATIONAL, INC. IS TO BE AN AFFILIATE OF FGI AND, IN THAT CONNECTION, TO SERVE AS A FORUM AND A FORCE FOR PROMOTING THE ADVANCEMENT OF ISSUES IMPORTANT TO THE FASHION AND RELATED INDUSTRIES; TO CONTRIBUTE TO CONTINUING PROFESSIONAL DEVELOPMENT.

Program Service Accomplishments

Program 1

FASHION TRAINING COURSES PROVIDED AT VARIOUS REGIONAL LOCATION TOUPDATE MEMBERS ON INDUSTRY TRENDS

Program 2

VARIOUS MEMBERSHIP MEETINGS TO SHARE INFORMATION RELATED TO THE FASHION INDUSTRY

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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 $0
Program Service Revenue $406,863
Investment Income $0
Other Revenue $0
TOTAL REVENUE $406,863

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $478,109
TOTAL EXPENSES $478,109

Year-over-Year Comparison

2023 2022 Change
Revenue $406,863 $272,722 +0.5%
Expenses $478,109 $256,773 +0.9%
Net Income $-71,246 $15,949 -5.5%
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
45
Independent Members
44
Employees
N/A
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
45
$151,556
Total Directors
44
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Maryanne Grisz President 0.5
Officer
$0 $0 $151,556
Nancy Flaherty Regional Director-GA 0.5
Officer Director
$0 $0 $0
Aidan Ganzert Treasurer-GA 0.5
Officer Director
$0 $0 $0
Yolanda White Director-GA 0.5
Officer Director
$0 $0 $0
Carrie Hadley Secretary-GA 0.5
Officer Director
$0 $0 $0
Donielle Martorano McKeever Regional Co-Director-MA 0.5
Officer Director
$0 $0 $0
Lorrie Pearson Regional Co-Director-MA 0.5
Officer Director
$0 $0 $0
Bhavana Jain Regional Co-Director-IL 0.5
Officer Director
$0 $0 $0
Hila Geller Regional Co-Director-IL 0.5
Officer Director
$0 $0 $0
Melissa Carr Treasurer-IL 0.5
Officer Director
$0 $0 $0
Maria Vathis Secretary-IL 0.5
Officer Director
$0 $0 $0
Nerissa Helpenstill Regional Director-TX-D 0.5
Officer Director
$0 $0 $0
Dr Jason Stanford Treasurer-TX-D 0.5
Officer Director
$0 $0 $0
Catherine Slaughter Secretary-TX-D 0.5
Officer Director
$0 $0 $0
Brittany Stieber-Sogge Regional Director-MI 0.5
Officer Director
$0 $0 $0
Emily Stieber Treasurer-MI 0.5
Officer Director
$0 $0 $0
Jamila Jones Secretary-MI 0.5
Officer Director
$0 $0 $0
Pamela Andino Regional Director-TX-H 0.5
Officer Director
$0 $0 $0
Carmen Martinez Treasurer-TX-H 0.5
Officer Director
$0 $0 $0
Lisseth Azab Regional Director-MO-K 0.5
Officer Director
$0 $0 $0
Nancy Petersen Treasurer-MO-K 0.5
Officer Director
$0 $0 $0
Sarah Nelson Secretary-MO-K 0.5
Officer Director
$0 $0 $0
Donna Tarantino Regional Director-MN 0.5
Officer Director
$0 $0 $0
Karen Morris Treasurer-MN 0.5
Officer Director
$0 $0 $0
Deanna Picka Secretary-MN 0.5
Officer Director
$0 $0 $0
Sarah Rodowicz Regional Director-PA 0.5
Officer Director
$0 $0 $0
Doreen Burdalski Treasurer-PA 0.5
Officer Director
$0 $0 $0
Krysten Terry Secretary-PA 0.5
Officer Director
$0 $0 $0
Daphne Benzaquen Regional Director-MO-S 0.5
Officer Director
$0 $0 $0
Annie Cohen Treasurer-MO-S 0.5
Officer Director
$0 $0 $0
Michelle Kidwell Secretary-MO-S 0.5
Officer Director
$0 $0 $0
Mayra Farret Regional Director-TX-S 0.5
Officer Director
$0 $0 $0
Kelly OConnor Treasurer-TX-S 0.5
Officer Director
$0 $0 $0
Rosa Isela Romo Secretary-TX-S 0.5
Officer Director
$0 $0 $0
Jerica Tucker Regional Co-Director-WA 0.5
Officer Director
$0 $0 $0
Jamen Lanogwa Regional Co-Director-WA 0.5
Officer Director
$0 $0 $0
Susan Kim Treasurer-WA 0.5
Officer Director
$0 $0 $0
Isabell Lee Secretary-WA 0.5
Officer Director
$0 $0 $0
Roxana Seminario Regional Director-FL-N 0.5
Officer Director
$0 $0 $0
Sandra Madjdi Regional Director-FL-S 0.5
Officer Director
$0 $0 $0
Israel Justiniano Treasurer-FL-S 0.5
Officer Director
$0 $0 $0
David Triebwaser Secretary-FL-S 0.5
Officer Director
$0 $0 $0
Shelby Davis-Sekle Regional Director-DC 0.5
Officer Director
$0 $0 $0
Lindsey Evans Treasurer-DC 0.5
Officer Director
$0 $0 $0
Colleen Salonga Secretary-DC 0.5
Officer 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
2023 $406,863 $478,109 $141,715 $-71,246
2022 $272,722 $256,773 $213,153 $15,949
2021 $205,369 $206,561 $197,086 $-1,192
2020 $69,561 $106,112 $201,850 $-36,551
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