Charlotte, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Dress for Success Charlotte, founded in 2000, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $962K left a modest 9% surplus.
A womens advancement center, the mission of Dress for Success is to empower women to achieve economic independence by providing a network of support, professional attire and development tools to thrive in work and in life. Programs and services include job preparedness, including interview and workplace attire, job acquisition, employment retention and advancement, IT access, support and training, financial literacy, and mental and physical health and wellness.
Professional Womens Group (PWG): A membership-based association that meets monthly to network, retain employment and advance careers, the PWG strives to teach members about workplace communication...
Professional Womens Group (PWG): A membership-based association that meets monthly to network, retain employment and advance careers, the PWG strives to teach members about workplace communication, corporate culture, financial literacy/wealth building, balancing family and work, and more. Membership grew by nearly 38% in 2024. Mental Health and Wellness programming continued to be offered in these meetings and to all members throughout the year. Going Places Network (GPN): A specially-designed program for chronically unemployed and underemployed, GPN provides a curriculum that blends a proven methodology to improve the career prospects of unemployed and underemployed women and helps these women gain professional skills, accelerate their job searches and build confidence through weekly training sessions, one-on-one career coaching and networking in a supportive environment. Virtual and in-person programming currently meets twice a week over a 4-week period. Once employment is secured, clients are invited to enroll in the Professional Womens Group program where clients report earning $20,000 -$50,000+ annually.Career Center: A fully equipped business office for clients to use on their own and/or to meet with HR and Recruiting professionals for job search support and instruction including: rsum and cover-letter writing; Internet, email, and social media as job search tools; job placement software; mock interviews; and professional workshops on a wide variety of leadership and development topics designed specifically for women entering the workforce and advancing their careers. 60 clients (unduplicated) utilized the Career Center in 2023. We continued our partnerships with Google and AARP to help clients increase their economic security by giving them the digital essentials they need to find and secure jobs, change careers, and explore entrepreneurship. 52 units of service were offered through these programs.Financial Education: A curriculum developed with banking partners across Charlotte, providing education on: Financial Wellness, Emotions and Spending, Basic banking and budgeting, Credit and Debt Management, Investments and Retirement Planning; Workplace Benefits; Taxes, among other topics, including managing during times of crisis. 93 units of service were provided to clients through this program in 2024.Entrepreneurship : In partnership with the National Association of Women Business Owners, Dress for Success Charlotte launched a 12-week, cohort-based entrepreneurship program in 2024. This program provided one-on-one mentorship from women business owners; curriculum on building business plans, marketing strategy, and financial investment; and resulted in $2000 of seed funding for one pitch competition winner. Community Outreach Events: Collaborating with other nonprofit organizations, Dress for Success Charlotte developed responsive programs and services to meet the needs of the community. These programs provided families, veterans and military spouses, high school students, and other clients access to services, resulting in 140 units of service.
Interview and Employment Suiting: Overall, more than 677 women utilized workforce development programs and services in 2024. Of those, 581 women (unduplicated) participated in this program in 2024...
Interview and Employment Suiting: Overall, more than 677 women utilized workforce development programs and services in 2024. Of those, 581 women (unduplicated) participated in this program in 2024. Offered free of charge, this program provides two complete interview outfits, including shoes and accessories, and when she secures employment, she will receive up to five outfits for an instant working wardrobe. This service is often the first point of contact for those seeking job preparedness and job acquisitions services.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,054,309 | $785,150 | +0.3% |
| Expenses | $962,112 | $685,768 | +0.4% |
| Net Income | $92,197 | $99,382 | -0.1% |
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 |
|---|---|---|---|---|---|---|
| Kerry Barr O'Connor | Executive Dir. | 40.00 |
Officer
|
$127,500 | $1,900 | $129,400 |
| Emily Wheeler | Executive Dir. | 50.00 |
Officer
|
$123,817 | $2,237 | $126,054 |
| Wendi Boddy | Imm. Past Chair | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| Jessica Graham | Chairman | 1.50 |
Officer
Director
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$0 | $0 | $0 |
| Sharai Lavoie | Treasurer | 1.50 |
Officer
Director
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$0 | $0 | $0 |
| Samantha Melting | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Jennifer Andrew | Secretary | 1.50 |
Officer
Director
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$0 | $0 | $0 |
| Tanita Alexander | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Brent Fatticci | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Stephanie Richard | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Dena Diorio | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Clint Watson | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Jessica Banias | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Leah Maybry | Vice Chair | 1.50 |
Officer
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,054,309 | $962,112 | $1,685,844 | $92,197 |
| 2023 | $785,150 | $685,768 | $1,626,199 | $99,382 |
| 2022 | $847,501 | $542,191 | $1,556,610 | $305,310 |
| 2021 | $707,135 | $441,751 | $1,190,354 | $265,384 |
| 2020 | $613,558 | $423,216 | $918,399 | $190,342 |
| 2019 | $626,883 | $517,802 | $729,157 | $109,081 |
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