Designed For Joy

EIN: 822093018 501(c)(3) Religion

Raleigh, NC

Total Revenue
$1,011,422
Total Expenses
$1,302,021
Total Assets
$326,001
Net Assets
$192,929
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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
2017
Legal Domicile
NC
Phone
9193952172
Tax Period
2025-01-01 to 2025-12-31

Designed For Joy, founded in 2017, is a community nonprofit in the Religion sector that reported $1.0M in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Expenses of $1.3M exceeded revenue, resulting in a 29% operating deficit.

Mission

Designed For Joy provides women in crisis with stability through immediate employment and support, removing the stigma of vulnerability.

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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 (2025)

Revenue Breakdown

Contributions & Grants $406,921
Program Service Revenue $823,671
Investment Income $0
Other Revenue $-219,170
TOTAL REVENUE $1,011,422

Expense Breakdown

Grants Paid $0
Salaries & Benefits $902,963
Fundraising Expenses $80,252
Program Expenses $894,225
Other Expenses $399,058
TOTAL EXPENSES $1,302,021

Year-over-Year Comparison

2025 2024 Change
Revenue $1,011,422 $1,181,416 -0.1%
Expenses $1,302,021 $1,163,016 +0.1%
Net Income $-290,599 $18,400 -16.8%
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
10
Independent Members
8
Employees
55
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
0
$0
Total Directors
12
$0
Key Employees
2
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Angela Padgett Board Member 8.00
Director
$0 $0 $0
Rebecca S Ayers PhD Board Member 8.00
Director
$0 $0 $0
Karen Woomer Board Chair 8.00
Director
$0 $0 $0
Stacie Walker Board Member 8.00
Director
$0 $0 $0
Paul Baccellieri Board Treasurer 8.00
Director
$0 $0 $0
Abigail Roush Board Member 8.00
Director
$0 $0 $0
Barbara Augustin Board Member 8.00
Director
$0 $0 $0
Kim Robinson Board Member 8.00
Director
$0 $0 $0
Brooke Allen Board Member 0.00
Director
$0 $0 $0
Sara Boshart Board Member 0.00
Director
$0 $0 $0
Kendra McAdory Board Member 0.00
Director
$0 $0 $0
Christina Coffey Board Member 0.00
Director
$0 $0 $0
Kristen Sydow Co-Founder and Creative Director 40.00
Key Emp
$0 $0 $0
Grace Morris Executive Director 32.00
Key Emp
$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 $1,011,422 $1,302,021 $326,001 $-290,599
2024 $1,181,416 $1,163,016 $439,195 $18,400
2023 $846,366 $783,698 $382,136 $62,668
2022 $782,520 $667,879 $301,310 $114,641
2021 $650,561 $541,873 $180,376 $108,688
2020 $349,235 $296,039 $78,204 $53,196
2019 $135,603 $164,294 $14,731 $-28,691
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