SUITED FOR CHANGE

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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

1992

Legal Domicile

Principal Officer

JORDAN HUCHT

Phone

2022930351

Tax Period

2023-01-01 to 2023-12-31

SUITED FOR CHANGE, founded in 1992, is a small nonprofit in the Employment sector that reported $546K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

FOUNDED IN 1992, SUITED FOR CHANGES VISION IS TO EMPOWER THE WOMEN THEY SERVE TO PROJECT CONFIDENCE AND SELF-WORTH SO THEY SECURE PROFESSIONAL EMPLOYMENT. SFCS MISSION IS TO EQUIP WOMEN IN NEED IN OUR COMMUNITY ON THEIR PATH TO FINANCIAL INDEPENDENCE BY PROVIDING THEM WITH PROFESSIONAL ATTIRE, COACHING AND SKILL TRAINING. SUITED FOR CHANGE IS COMMITTED TO EQUITABLE, INCLUSIVE AND RESPECTFUL TREATMENT OF ITS CLIENTS, STAFF AND VOLUNTEERS WITHOUT BIASES OF ANY KIND.

Program Service Accomplishments

Program 1

Expenses: $409,359 Revenue: $558,402

SUITING - SFC PROVIDES INTERVIEW APPROPRIATE ATTIRE TO DISADVANTAGED, LOW-INCOME, AND AT-RISK WOMEN. MOST CLOTHING IS DONATED BY INDIVIDUALS AND ORGANIZATIONS THROUGHOUT THE WASHINGTON DC...

SUITING - SFC PROVIDES INTERVIEW APPROPRIATE ATTIRE TO DISADVANTAGED, LOW-INCOME, AND AT-RISK WOMEN. MOST CLOTHING IS DONATED BY INDIVIDUALS AND ORGANIZATIONS THROUGHOUT THE WASHINGTON DC METROPOLITAN AREA. SERVICES ARE PROVIDED BY TRAINED VOLUNTEERS IN A RESPECTFUL AND SUPPORTIVE ENVIRONMENT.

Program 2

Expenses: $0 Revenue: $0

SUITED FOR SUCCESS WORKSHOPS - SFC PROVIDES WORKSHOPS TO ITS CLIENTS IN THE DC METROPOLITAN AREA TO SUPPORT THEIR CAREER READINESS AND TO GAIN THE SKILLS NECESSARY FOR SUCCESS IN THE WORKPLACE AND IN JOB RETENTION. THESE PROGRAMS ARE RUN BY EXPERIENCED BUSINESS PROFESSIONALS WORKING IN A VOLUNTEER CAPACITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $516,562

Program Service Revenue $0

Investment Income $4,217

Other Revenue $24,910

TOTAL REVENUE $545,689

Expense Breakdown

Grants Paid $0

Salaries & Benefits $239,337

Fundraising Expenses $65,521

Program Expenses $409,359

Other Expenses $277,219

TOTAL EXPENSES $540,556

Year-over-Year Comparison

	2023	2022	Change
Revenue	$545,689	$495,061	+0.1%
Expenses	$540,556	$522,576	+0.0%
Net Income	$5,133	$-27,515	-1.2%

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

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

$109,963

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAUNA VALLOT ESQ	PRESIDENT	12.00	Officer Director	$0	$0	$0
JAMSHED MULLA PHD	VICE PRESIDENT	12.00	Officer Director	$0	$0	$0
JORDAN HUCHT	TREASURER	10.00	Officer Director	$0	$0	$0
RACHELLA ANDERS	SECRETARY	5.00	Officer Director	$0	$0	$0
JAMILAH AL-BARI	DIRECTOR	1.00	Director	$0	$0	$0
DINA E COTE	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN FINNELL	DIRECTOR	1.00	Director	$0	$0	$0
AUDREY KUDLER	DIRECTOR	1.00	Director	$0	$0	$0
MARCIA MAIN	DIRECTOR	1.00	Director	$0	$0	$0
DIONNE MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
KATHERINE O'KONSKI ESQ	DIRECTOR	1.00	Director	$0	$0	$0
EWELINA RUDNICKA	DIRECTOR	1.00	Director	$0	$0	$0
OLIVIA TERMINI	DIRECTOR	1.00	Director	$0	$0	$0
MARIANNE WILSON	DIRECTOR	1.00	Director	$0	$0	$0
DIEDRA YATES	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH A REINERT	EXECUTIVE DIRECTOR	40.00	Key Emp	$109,963	$0	$109,963

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	No data	No data	No data	No data
2023	$545,689	$540,556	$500,840	$5,133
2022	$495,061	$522,576	$592,821	$-27,515
2021	$540,410	$479,162	$480,591	$61,248
2020	$506,218	$435,382	$436,922	$70,836