DRESS FOR SUCCESS LOUISVILLE INC

EIN: 611383568 501(c)(3) Human Services

LOUISVILLE, KY

Total Revenue
$177,065
Total Expenses
$209,052
Total Assets
$166,006
Net Assets
$155,539
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
KY
Principal Officer
BILLYJO AVY
Phone
5025848050
Tax Period
2024-01-01 to 2024-12-31

DRESS FOR SUCCESS LOUISVILLE INC, founded in 2000, is a small nonprofit in the Human Services sector that reported $177K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $209K exceeded revenue, resulting in a 18% operating deficit.

Mission

DRESS FOR SUCCESS LOUISVILLE IS A WOMEN AND TEENS EMPOWERMENT NON-PROFIT 501(C)(3) ORGANIZATION. OUR MISSION IS 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 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $197,303
Program Service Revenue $0
Investment Income $0
Other Revenue $-20,238
TOTAL REVENUE $177,065

Expense Breakdown

Grants Paid $0
Salaries & Benefits $109,332
Fundraising Expenses $14,611
Program Expenses $166,427
Other Expenses $99,720
TOTAL EXPENSES $209,052

Year-over-Year Comparison

2024 2023 Change
Revenue $177,065 $156,818 +0.1%
Expenses $209,052 $206,365 +0.0%
Net Income $-31,987 $-49,547 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
4
Volunteers
369

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
4
$65,000
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTI VANDERSYDE CHAIR 5.00
Officer Director
$0 $0 $0
PARIS PARADA VICE-CHAIR 5.00
Officer Director
$0 $0 $0
BANSARI MEHTA SECRETARY 5.00
Officer Director
$0 $0 $0
DALLAS CHEATHAM BOARD MEMBER 1.00
Director
$0 $0 $0
TARA GUPTILL BOARD MEMBER 1.00
Director
$0 $0 $0
LISA FRANKLIN-GRAY BOARD MEMBER 1.00
Director
$0 $0 $0
TEENA OAKEN BOARD MEMBER 1.00
Director
$0 $0 $0
SHARON WELCH BOARD MEMBER 1.00
Director
$0 $0 $0
JAIMYCE MCCLINTON BOARD MEMBER 1.00
Director
$0 $0 $0
LORI HOLT BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE CAMPAGNE BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH MONARCH BOARD MEMBER 1.00
Director
$0 $0 $0
DARLENE READY BOARD MEMBER 1.00
Director
$0 $0 $0
BILLYJO AVY EXECUTIVE DIRECTOR 40.00
Officer
$65,000 $0 $65,000
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 $177,065 $209,052 $166,006 $-31,987
2023 $156,818 $206,365 $191,606 $-49,547
2022 $255,343 $233,674 $245,822 $21,669
2021 $256,387 $223,995 $215,800 $32,392
2020 $250,879 $201,886 $183,151 $48,993
2018 $211,601 $248,752 $161,467 $-37,151
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