DRESS FOR SUCCESS LEXINGTON INC (EIN 462472399) - 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

2013

Legal Domicile

Principal Officer

SARAH BERKOWITZ

Phone

8592327848

Tax Period

2020-01-01 to 2020-12-31

DRESS FOR SUCCESS LEXINGTON INC, founded in 2013, is a micro nonprofit that reported $17K in total revenue in fiscal year 2020. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $332K exceeded revenue, resulting in a 1819% operating deficit.

Mission

TO EMPOWER WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY PROVIDING A NETWORK OF SUPPORT, PROFESSIONAL ATTIRE AND DEVELOPMENT TOOLS TO HELP THEM THRIVE IN WORK AND IN 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 (2020)

Revenue Breakdown

Contributions & Grants $16,053

Program Service Revenue $0

Investment Income $-247

Other Revenue $1,481

TOTAL REVENUE $17,287

Expense Breakdown

Grants Paid $304,397

Salaries & Benefits $3,919

Fundraising Expenses $2,194

Program Expenses $326,725

Other Expenses $23,351

TOTAL EXPENSES $331,667

Year-over-Year Comparison

	2020	2019	Change
Revenue	$17,287	$151,351	-0.9%
Expenses	$331,667	$140,978	+1.4%
Net Income	$-314,380	$10,373	-31.3%

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

N/A

Volunteers

N/A

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

$3,640

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH BERKOWITZ	BOARD CHAIR	0.00	Director	$0	$0	$0
NANCI HOUSE	BOARD MEMBER	0.00	Director	$0	$0	$0
LINDSAY THURSTON	BOARD MEMBER	0.00	Director	$0	$0	$0
ROBERT PARMLEY	TREASURER	0.00	Director	$0	$0	$0
KATIE BING	VICE CHAIR	0.00	Director	$0	$0	$0
KATIE POGUE KELLY	SECRETARY	0.00	Director	$0	$0	$0
MICHAEL HESTER	BOARD MEMBER	0.00	Director	$0	$0	$0
BLAIR EADS	BOARD MEMBER	0.00	Director	$0	$0	$0
MARGARET HUNT	EXECUTIVE DIRECTOR	40.00	Director	$3,640	$0	$3,640

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
2020	$17,287	$331,667	No data	$-314,380

DRESS FOR SUCCESS LEXINGTON INC