DRESS FOR SUCCESS WINSTON-SALEM INC

EIN: 263973444 501(c)(3) Human Services

WINSTON SALEM, NC

Total Revenue
$225,652
Total Expenses
$212,187
Total Assets
$18,151
Net Assets
$18,151
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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
NC
Principal Officer
CINDY STRINE
Tax Period
2018-01-01 to 2018-12-31

DRESS FOR SUCCESS WINSTON-SALEM INC, founded in 2008, is a small nonprofit in the Human Services sector that reported $226K in total revenue in fiscal year 2018. Revenue surged 240% from the prior year, signaling strong growth momentum. Expenses of $212K left a modest 6% surplus.

Mission

TO PROVIDE JOB SEARCH HELP, INCLUDING CLOTHES APPROPRIATE FOR JOB INTERVIEWS, TO PEOPLE IN NEED OF THIS HELP.

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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 (2018)

Revenue Breakdown

Contributions & Grants $206,348
Program Service Revenue $0
Investment Income $0
Other Revenue $19,304
TOTAL REVENUE $225,652

Expense Breakdown

Grants Paid $0
Salaries & Benefits $49,694
Fundraising Expenses $15,090
Program Expenses $190,222
Other Expenses $162,493
TOTAL EXPENSES $212,187

Year-over-Year Comparison

2018 2017 Change
Revenue $225,652 $66,339 +2.4%
Expenses $212,187 $68,634 +2.1%
Net Income $13,465 $-2,295 -6.9%
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
15
Independent Members
15
Employees
2
Volunteers
318

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
4
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CINDY STRINE CHAIR 19.00
Officer Director
$0 $0 $0
LOUIS CROCKET VICE CHAIR 11.00
Officer Director
$0 $0 $0
BETH WOOTEN TREASURER 12.00
Officer Director
$0 $0 $0
BRENDA MCKINNEY SECRETARY 24.00
Officer Director
$0 $0 $0
ADELE CASANOVA BOARD MEMBER 6.00
Director
$0 $0 $0
FLORENCE CORPENING BOARD MEMBER 6.00
Director
$0 $0 $0
CHELSEA CULLEN BOARD MEMBER 5.00
Director
$0 $0 $0
VICKY DENNY BOARD MEMBER 10.00
Director
$0 $0 $0
TERRY FOULKS BOARD MEMBER 5.00
Director
$0 $0 $0
SUZANNE SWANSON HILL BOARD MEMBER 5.00
Director
$0 $0 $0
SAM METZLER BOARD MEMBER 10.00
Director
$0 $0 $0
SHARON SMITH BOARD MEMBER 5.00
Director
$0 $0 $0
TARINA WHITFIELD BOARD MEMBER 11.00
Director
$0 $0 $0
KAREN BOHNER BOARD MEMBER 5.00
Director
$0 $0 $0
ERIN HEGE BOARD MEMBER 5.00
Director
$0 $0 $0
KRISTIN KELLY BOARD MEMBER 5.00
Director
$0 $0 $0
PAULETTA WARFFORD BOARD MEMBER 3.00
Director
$0 $0 $0
CHRISTINE RINGUETTE EXECUTIVE DIRECTOR 40.00
Highest
$43,060 $0 $43,060
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
2018 $225,652 $212,187 $18,151 $13,465
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