DRESS FOR SUCCESS TRIANGLE NC (EIN 262229898) - Form 990 Financial Analysis & Trantor Score

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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

2008

Legal Domicile

Principal Officer

STEPHANIE BASS

Phone

9192862128

Tax Period

2024-01-01 to 2024-12-31

DRESS FOR SUCCESS TRIANGLE NC, founded in 2008, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2024. Expenses of $1.6M left a modest 5% surplus.

Mission

EMPOWER WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY PROVIDING A NETWORK OF SUPPORT, PROFESSIONAL ATTIRE, AND DEVELOPMENT TOOLS TO HELP WOMEN THRIVE IN WORK AND LIFE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,746,432

Program Service Revenue $0

Investment Income $27,400

Other Revenue $-132,323

TOTAL REVENUE $1,641,509

Expense Breakdown

Grants Paid $0

Salaries & Benefits $757,179

Fundraising Expenses $83,710

Program Expenses $1,154,342

Other Expenses $801,479

TOTAL EXPENSES $1,558,658

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,641,509	$1,543,132	+0.1%
Expenses	$1,558,658	$1,417,163	+0.1%
Net Income	$82,851	$125,969	-0.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

1285

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

$123,799

Total Directors

$123,799

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEATHER DENNIS	EXECUTIVE DI	45.00	Officer Director	$123,799	$0	$123,799
AMY BALDWIN	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHANIE BASS	BOARD MEMBER	1.00	Director	$0	$0	$0
TRUDE BATE	BOARD MEMBER	1.00	Director	$0	$0	$0
EMILY BROWDER	BOARD MEMBER	1.00	Director	$0	$0	$0
MELISSA CHAPPEL	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY GAMBER	CHAIR	1.00	Officer Director	$0	$0	$0
GORDON GRIMES	BOARD MEMBER	1.00	Director	$0	$0	$0
RAVILA GUPTA	BOARD MEMBER	1.00	Director	$0	$0	$0
CARRIE HARBISON	BOARD MEMBER	1.00	Director	$0	$0	$0
ADAM HARTZELL	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA LONG JACKSON	SECRETARY	1.00	Officer Director	$0	$0	$0
ADA LOPEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
DAWN MACLAREN	BOARD MEMBER	1.00	Director	$0	$0	$0
ADRI MAISONET-MORALES	BOARD MEMBER	1.00	Director	$0	$0	$0
MEG OSTROM	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICIA PEPPER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
TARKISHA POOLE	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA PRATHER	TREASURER	1.00	Officer Director	$0	$0	$0
MICHELLE PROCTOR	BOARD MEMBER	1.00	Director	$0	$0	$0
DONNA RHODE	BOARD MEMBER	1.00	Director	$0	$0	$0
BETH SEARCY	BOARD MEMBER	1.00	Director	$0	$0	$0
JUDITH STREET	BOARD MEMBER	1.00	Director	$0	$0	$0
PAT NATHAN	BOARD MEMBER	1.00	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
2024	$1,641,509	$1,558,658	$1,793,213	$82,851
2023	$1,543,132	$1,417,163	$1,863,905	$125,969
2022	$1,272,878	$1,252,586	$1,413,660	$20,292
2021	$1,461,696	$1,038,948	$1,069,015	$422,748
2020	$1,019,228	$881,317	$632,007	$137,911
2019	$931,300	$929,067	$500,117	$2,233
2018	$1,052,429	$976,502	$348,217	$75,927

DRESS FOR SUCCESS TRIANGLE NC