DRESS FOR SUCCESS MICHIGANINC (EIN 383533444) - 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

1997

Legal Domicile

Principal Officer

CATHLEEN TAYLOR

Phone

7347120517

Tax Period

2025-01-01 to 2025-12-31

DRESS FOR SUCCESS MICHIGANINC, founded in 1997, is a small nonprofit in the Human Services sector that reported $394K in total revenue in fiscal year 2025. Revenue surged 905% from the prior year, signaling strong growth momentum. The organization ran a surplus of $329K, a strong 83% operating margin.

Mission

TO EMPOWER WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY PROVIDING A NETWORK OF SUPPORT, PROFESSIONAL ATTIRE AND DEVELOPMEN TOOLS NEEDED

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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 (2025)

Revenue Breakdown

Contributions & Grants $393,708

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $393,708

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $7,190

Program Expenses $42,597

Other Expenses $65,198

TOTAL EXPENSES $65,198

Year-over-Year Comparison

	2025	2024	Change
Revenue	$393,708	$39,170	+9.1%
Expenses	$65,198	$65,198	N/A
Net Income	$328,510	$-26,028	-13.6%

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

N/A

Volunteers

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
CATHLEEN TAYLOR	CEO	50.00	Officer Director Key Emp	$0	$0	$0
ALEXY RUDOLPH	PR COORDINATOR	30.00	Officer Director	$0	$0	$0
FAITH BURNS	ADMINISTRATIVE ASSISTANT	40.00	Officer Director	$0	$0	$0
RACHEL MCDUFFIE	LEGAL COUNSEL	20.00	Director	$0	$0	$0
GABRIELLE OSOOLI	SOCIAL WORKER	20.00	Director	$0	$0	$0
SHONDRA KING	EXECUTIVE DIRECTOR	30.00	Officer	$0	$0	$0
PATRICIA DUNCAN	PWG COORDINATOR	30.00	Officer	$0	$0	$0
JAYNE DAWSON	OFFICE MANAGER	30.00	Officer	$0	$0	$0
DOROTHY FORD	OFFICE MANAGER	25.00	Officer	$0	$0	$0
LENDELL MCEWEN	VOLUNTEER COORDINATOR	21.00	Key Emp	$0	$0	$0
BEVERLY FORD	CAREER CENTER COORDINATOR	20.00	Officer	$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
2025	$393,708	$65,198	$359,641	$328,510
2024	$93,417	$60,138	$230,148	$33,279
2023	$120,863	$100,426	$196,869	$20,437
2022	No data	$37,216	$175,667	No data
2021	$203,739	$36,176	$212,883	$167,563
2020	$297,426	$106,803	$190,623	$190,623
2019	$557,718	$203,318	$203,318	$354,400
2018	$203,822	$198,572	$5,250	$5,250

DRESS FOR SUCCESS MICHIGANINC