Couture for Cause Inc

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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

2020

Legal Domicile

Principal Officer

Mona Patel

Phone

8137567587

Tax Period

2024-01-01 to 2024-12-31

Couture for Cause Inc, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $475K in total revenue in fiscal year 2024.

Mission

None

Program Service Accomplishments

Program 1

Expenses: $471,270

Couture for Cause collaborates and engages the fashion community to raise funds and awareness for organizations that advocate for girls around the world. Over the last two years, Couture for Cause...

Couture for Cause collaborates and engages the fashion community to raise funds and awareness for organizations that advocate for girls around the world. Over the last two years, Couture for Cause has helped raise over $400,000 for leading organizations, such as Pencils of Promise, Rescue Foundation, and Flaviana Matata Foundation, positively impacting for 4,000 lives globally.

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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 (2024)

Revenue Breakdown

Contributions & Grants $475,390

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $475,390

Expense Breakdown

Grants Paid $471,270

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $471,270

Other Expenses $3,600

TOTAL EXPENSES $474,870

Year-over-Year Comparison

	2024	2023	Change
Revenue	$475,390	N/A	N/A
Expenses	$474,870	N/A	N/A
Net Income	$520	$0	N/A

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lisa Patel	President	1.00	Officer Director	$0	$0	$0
Stacey Stabtai	Vice President	1.00	Director	$0	$0	$0
Darin Bahl	Director	1.00	Director	$0	$0	$0
Mona Patel	Secretary	1.00	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
2024	$475,390	$474,870	$32,103	$520