KAMILEONS KLOSET PROFESSIONAL DEV

EIN: 465115573 501(c)(3) Public & Societal Benefit

Atlanta, GA

Total Revenue
$2,826,364
Total Expenses
$2,642,510
Total Assets
$890,251
Net Assets
$890,251
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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
2014
Legal Domicile
GA
Principal Officer
KAMILA B WASHINGTON FOUNDER
Tax Period
2020-01-01 to 2020-12-31

KAMILEONS KLOSET PROFESSIONAL DEV, founded in 2014, is a community nonprofit in the Public & Societal Benefit sector that reported $2.8M in total revenue in fiscal year 2020. Expenses of $2.6M left a modest 7% surplus.

Mission

THIS ENTITYS MISSION IS TO TRANSFORM LIVES BY PROMOTING THE ECONOMIC INDEPENDENCE OF DISADVANTAGED MEN AND WOMEN SEEKING EMPLOYMENT. THEY HELPEACH CLIENT TRANSITION INTO THE WORKFORCE BY PROVIDING PROFESSIONAL ATTIREFULL SERVICE IMAGE MAKEOVERS, AND PROFESSIONAL DEVELOPMENT

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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 (2020)

Revenue Breakdown

Contributions & Grants $29,259
Program Service Revenue $886
Investment Income $0
Other Revenue $2,796,219
TOTAL REVENUE $2,826,364

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,562
Fundraising Expenses $0
Program Expenses $2,629,170
Other Expenses $2,639,948
TOTAL EXPENSES $2,642,510

Year-over-Year Comparison

2020 2019 Change
Revenue $2,826,364 N/A N/A
Expenses $2,642,510 N/A N/A
Net Income $183,854 N/A N/A
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
7
Independent Members
7
Employees
1
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAMILA B WASHINGTON FOUNDER 0.00
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
2023 No data No data No data No data
2020 $2,826,364 $2,642,510 $890,251 $183,854
2019 $2,675,198 $2,585,346 $706,866 $89,852
2018 $2,283,960 $2,235,591 $617,014 $48,369
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