DRESS FOR SUCCESS MEMPHIS

EIN: 621807383 501(c)(3) Human Services

MEMPHIS, TN

Total Revenue
$205,117
Total Expenses
$310,191
Total Assets
$60,331
Net Assets
$60,331
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TN
Phone
9013633100
Tax Period
2025-01-01 to 2025-12-31

DRESS FOR SUCCESS MEMPHIS, founded in 2015, is a small nonprofit in the Human Services sector that reported $205K in total revenue in fiscal year 2025. Expenses of $310K exceeded revenue, resulting in a 51% operating deficit.

Mission

Dress for Success Memphis is a non-profit organization whose mission is to empower women to achieve economic independence of by providing a network of support, professional attire and the development tools to help women thrive in work and in life.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $182,539
Program Service Revenue $22,578
Investment Income $0
Other Revenue $0
TOTAL REVENUE $205,117

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $32,626
Program Expenses $178,799
Other Expenses $310,191
TOTAL EXPENSES $310,191

Year-over-Year Comparison

2025 2024 Change
Revenue $205,117 $215,225 0.0%
Expenses $310,191 $282,092 +0.1%
Net Income $-105,074 $-66,867 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
17
Independent Members
N/A
Employees
N/A
Volunteers
50

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
0
$0
Total Directors
16
$0
Key Employees
1
$55,798
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rhonda Treadwell Key Employee 40
Key Emp
$55,798 $0 $55,798
Amber Covington Vice-President 5
Director
$0 $0 $0
Sherila Jones-Tuggle Treasurer 5
Director
$0 $0 $0
Jovan Harris Secretary 5
Director
$0 $0 $0
JB Smiley Attorney 5
Director
$0 $0 $0
Kelley Bynum Board Member 5
Director
$0 $0 $0
Summer Hardy Board Member 5
Director
$0 $0 $0
Kenya Hooks Board Member 5
Director
$0 $0 $0
Rhonda Hill Board Member 5
Director
$0 $0 $0
Ashlee Jordan Board Member 5
Director
$0 $0 $0
Cynthia Lewis Board Member 5
Director
$0 $0 $0
Mechell Modzelewski Board Member 5
Director
$0 $0 $0
Latrica McCool Board Member 5
Director
$0 $0 $0
Colby Midgett Board Member 5
Director
$0 $0 $0
Vanessa Tyson Board Member 5
Director
$0 $0 $0
Jennifer Watts Board Member 5
Director
$0 $0 $0
Johnsie Wallace-Gault President 0
Director
$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
2025 $205,117 $310,191 $60,331 $-105,074
2024 $215,225 $282,092 $165,384 $-66,867
2023 $219,864 $227,856 $231,219 $-7,992
2022 $245,507 $201,899 $239,211 $43,608
2021 $258,353 $118,025 $272,841 $140,328
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare DRESS FOR SUCCESS MEMPHIS with other nonprofits in Tennessee and across the country.