Couture for Cause Inc

EIN: 831706429 501(c)(3) Philanthropy & Grantmaking

Tampa, FL

Total Revenue
$475,390
Total Expenses
$474,870
Total Assets
$32,103
Net Assets
$32,103
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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
FL
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

Drive positive change through fashion and inspire every woman to realize her highest self. Through fundraising events and global campaigns, we catalyze the fashion community and the industry's most influential figures and brands to create a better future for girls around the world.

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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 $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

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Governance

Voting Members
4
Independent Members
4
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
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
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