CLEVELAND, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DRESS FOR SUCCESS CLEVELAND, founded in 1998, is a small nonprofit in the Employment sector that reported $230K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $268K exceeded revenue, resulting in a 17% operating deficit.
THE MISSION OF DRESS FOR SUCCESS CLEVELAND IS TO EMPOWER WOMEN AND TO ACHIEVE ECONOMIC INDEPENDENCE BY PROVIDING A NETWORK OF SUPPORT, PROFESSIONAL ATTIRE, AND DEVELOPMENT TOOLS TO HELP WOMEN THRIVE IN WORK AND IN LIFE.
IN 2023 DFSC CELEBRATED ITS 25TH YEAR IN THE COMMUNITY AND THE ATTENDANCE AND RALLY OF SUPPORT AT OUR 2023 WWW, SIGNATURE EVENT WAS EVIDENCE OF OUR COMMUNITY RECOGNITION, SUPPORT AND APPRECIATION...
IN 2023 DFSC CELEBRATED ITS 25TH YEAR IN THE COMMUNITY AND THE ATTENDANCE AND RALLY OF SUPPORT AT OUR 2023 WWW, SIGNATURE EVENT WAS EVIDENCE OF OUR COMMUNITY RECOGNITION, SUPPORT AND APPRECIATION. THE ORGANIZATION INCREASED ITS OUTREACH BY PARTICIPATING IN A SIGNIFICANT NUMBER OF RESOURCE FAIRS AND JOB/HIRING EVENTS THAT RECONNECTED DFSC WITH PREVIOUS AND NEW REFERRING AGENCY PARTNERS, WHO WERE DISCONNECTED BASED UPON THE COMMUNITY SHIFT FROM THE PANDEMIC. SERVICING WOMEN IN GROUPS AT THE DFSC OFFICES ALSO RETURNED IN 2023, ANOTHER RECOVERY IMPACT FROM THE PANDEMIC.
IN 2023, OUR DEVELOPMENT WORKSHOPS WERE OFFERED MAINLY VIRTUAL, WE PROVIDED 35 VIRTUAL SESSIONS BETWEEN OUR EVENING POWERFUL WOMENS GROUP (18 SESSIONS) AND MIDDAY LUNCH-N-LEARNS (13 SESSIONS) AND 5...
IN 2023, OUR DEVELOPMENT WORKSHOPS WERE OFFERED MAINLY VIRTUAL, WE PROVIDED 35 VIRTUAL SESSIONS BETWEEN OUR EVENING POWERFUL WOMENS GROUP (18 SESSIONS) AND MIDDAY LUNCH-N-LEARNS (13 SESSIONS) AND 5 ON-DEMAND SESSIONS WERE UTILIZED THAT IMPACTED 170 PARTICIPANTS. ADDITIONALLY, WE PROVIDED 884 PROFESSIONAL ATTIRE APPOINTMENTS AND HOSTED 4 GROUP DAY SERVICES IN OUR OFFICES THAT SERVED 34 WOMEN; CONDUCTED 13 IN THE COMMUNITY BOUTIQUE ON WHEELS IMPACTING 713 OF TOTAL 953 WOMEN SERVED IN 2023.
DFSC CHANGED EXPANDED ITS SERVICE DELIVERY METHOD TO INCLUDE THE CONCEPT OF MEETING WOMEN WHERE THEY ARE. AS A RESULT, IN 2023 DFSC INCREASED THE NUMBER WOMEN SERVED BY 65%, 953 WOMEN IN 2023 FROM...
DFSC CHANGED EXPANDED ITS SERVICE DELIVERY METHOD TO INCLUDE THE CONCEPT OF MEETING WOMEN WHERE THEY ARE. AS A RESULT, IN 2023 DFSC INCREASED THE NUMBER WOMEN SERVED BY 65%, 953 WOMEN IN 2023 FROM 585 IN 2022; 79% OF OUR SERVICES IN 2023 WERE CONDUCTED EXTERNAL OUR BRICK-AND-MORTAR ENVIRONMENT. THIS CHANGE INCREASED OUR VOLUNTEER SUPPORT FROM 52 IN 2022 TO 64 IN 2023. ADDITIONALLY, WE EXPANDED STAFF SUPPORT FROM 3 TO 4 AND INCREASED BOARD SUPPORT BY 73%, (11-2022 TO 19-2023).
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $229,568 | $372,502 | -0.4% |
| Expenses | $268,155 | $373,371 | -0.3% |
| Net Income | $-38,587 | $-869 | +43.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MELONY BUTLER | CEO | 40.00 |
Officer
|
$83,084 | $0 | $83,084 |
| MATTIE JONES-HOLLOWELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURA PASSERALLO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SEV DE WAGHENEIRE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SARAH FANGER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN ROBERSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SARAH PERVO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHY ROTHENBERG - JAMES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAWN MINOTAS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALISON TOMSHO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MELISSA EISENBERG | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| LACHELLE DRAKEFORD | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL PLATT | AUXILIARY MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ELAINE MCMICHAEL | VICE CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANITA JONES | AUXILIARY MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TRACI STAHL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY REYNOLDS | AUXILIARY MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MEGHAN WILSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KIMBERLEY SPATES | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CARRIE MORSE | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DIAMOND ADAMS | CHAIR AS OF FEB 2023 | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| VALERIE KOVACS | ASSISTANT SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAMILLE DAVIS | BOARD MEMBER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CALVINIA FIELDS | CHAIR UNTIL FEB 2023 | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $229,568 | $268,155 | $171,221 | $-38,587 |
| 2022 | $372,502 | $373,371 | $207,605 | $-869 |
| 2021 | $459,328 | $345,200 | $195,805 | $114,128 |
| 2020 | $204,448 | $248,220 | $113,912 | $-43,772 |
| 2019 | $478,383 | $467,092 | $125,984 | $11,291 |
| 2018 | $529,734 | $504,594 | $106,332 | $25,140 |
Compare DRESS FOR SUCCESS CLEVELAND with other nonprofits in Ohio and across the country.