STYLE SAVES INC

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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

2011

Legal Domicile

Principal Officer

RACHAEL R SAIGER

Phone

3054095333

Tax Period

2024-01-01 to 2024-12-31

STYLE SAVES INC, founded in 2011, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $185K, a strong 17% operating margin.

Mission

FOUNDED IN 2011, STYLE SAVES BEGAN WITH THE IDEA TO UNITE FASHIONWITH PHILANTHROPY. COMBINING A TALENTED, DIVERSE COMMUNITY WITH ASHARED LOVE FOR HUMANITARIANISM, THE ORGANIZATION AIMED AT INSPIRINGA FRESH GENERATION OF MOVERS AND SHAKERS.

Program Service Accomplishments

Program 1

Expenses: $482,260

TO PROVIDE ECONOMICALLY UNDERPRIVILEGED CHILDREN IN GRADES K-12WHO ARE HOMELESS OR LIVING IN ORPHANAGES OR CHILDREN FROM FAMILIESTHAT ARE FINANCIALLY UNABLE TO PROVIDE THEM WITH...

TO PROVIDE ECONOMICALLY UNDERPRIVILEGED CHILDREN IN GRADES K-12WHO ARE HOMELESS OR LIVING IN ORPHANAGES OR CHILDREN FROM FAMILIESTHAT ARE FINANCIALLY UNABLE TO PROVIDE THEM WITH BACK-TO-SCHOOLCLOTHING, UNIFORMS, SHOES, ACCESSORIES, AND PRESCRIPTION EYEWEAR.STYLE SAVES BELIEVES THAT REMOVING BARRIERS INCREASES A CHILD'SSELF-CONFIDENCE AND LEADS TO BETTER PERFORMANCE IN THE CLASSROOMAND INCREASES A CHILD'S OVERALL CHANCES OF HIGHER ACHIEVEMENT INSCHOOL AND SOCIETY.

Program 2

Expenses: $263,741

BAZAAR FOR GOOD RAISES FUNDS FOR CHILDREN ALL OVER THE WORLD.THE BAZAAR FOR GOOD IS COMPOSED OF MORE THAN 30 WOMEN WITH ASTRONG SOCIAL MEDIA PRESENCE COMMITTED TO USING THEIR VOICES TOSPEAK UP AND...

BAZAAR FOR GOOD RAISES FUNDS FOR CHILDREN ALL OVER THE WORLD.THE BAZAAR FOR GOOD IS COMPOSED OF MORE THAN 30 WOMEN WITH ASTRONG SOCIAL MEDIA PRESENCE COMMITTED TO USING THEIR VOICES TOSPEAK UP AND BRING AWARENESS TO THE ISSUES WE FACE AS A SOCIETY,AND WHAT WE CAN DO IN FAVOR OF DISADVANTAGED CHILDREN.

Program 3

Expenses: $3,353

MENTORSHIP PROGRAM IS A DYNAMIC, SIX-WEEK COURSE DESIGNED TO PROVIDE HIGH SCHOOL STUDENTS FROM TITLE I SCHOOLS WITH ESSENTIAL LIFE SKILLS. BY OFFERING THIS PROGRAM AT NO COST TO STUDENTS, WE AIM TO EQUIP YOUNG INDIVIDUALS WITH THE TOOLS AND RESOURCES NECESSARY TO THRIVE IN THEIR FUTURE CAREERS, HIGHER EDUCATION, AND BEYOND. EACH YEAR, WE SERVE100 STUDENTS ANNUALLY, DELIVERING A PROGRAM THAT OFFERS ACCESS TO RESOURCES AND EXPERIENCES THAT WOULD OTHERWISE BE OUT OF REACH FOR MANY OF THESE STUDENTS.

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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 $1,084,769

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,084,769

Expense Breakdown

Grants Paid $253,801

Salaries & Benefits $56,973

Fundraising Expenses $0

Program Expenses $749,354

Other Expenses $588,665

TOTAL EXPENSES $899,439

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,084,769	$651,205	+0.7%
Expenses	$899,439	$763,527	+0.2%
Net Income	$185,330	$-112,322	-2.6%

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

100

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RACHAEL RUSELL SAIGER	DIRECTOR, PRESIDENT, TREAS	2.50	Officer Director	$0	$0	$0
MICHAEL A SAIGER	DIRECTOR, VICE PRESIDENT	1.50	Officer Director	$0	$0	$0
REGINA A CAUFF	DIRECTOR	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	$1,084,769	$899,439	$287,656	$185,330
2023	$651,205	$763,527	$103,711	$-112,322
2022	$346,357	$462,564	$214,505	$-116,207
2021	$492,950	$266,250	$329,506	$226,700
2020	$76,038	$81,769	$101,855	$-5,731
2019	$318,800	$247,063	No data	$71,737
2018	$312,187	$255,459	No data	$56,728