DRESS FOR SUCCESS SEATTLE

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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

1998

Legal Domicile

Principal Officer

MALIA RAZZAIA

Phone

2064614472

Tax Period

2023-01-01 to 2023-12-31

DRESS FOR SUCCESS SEATTLE, founded in 1998, is a small nonprofit in the Employment sector that reported $726K in total revenue in fiscal year 2023.

Mission

THE MISSION OF DRESS FOR SUCCESS SEATTLE IS TO EMPOWER WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY PROVIDING A NETWORK OF SUPPORT, PROFESSIONAL ATTIRE AND THE DEVELOPMENT TOOLS TO HELP WOMEN THRIVE IN WORK AND IN LIFE.

Program Service Accomplishments

Program 1

Expenses: $446,171

DRESS FOR SUCCESS SEATTLE: TO PROVIDE SERVICES TO WOMEN SEEKING EMPLOYMENT IN THE GREATER SEATTLE AREA. SERVICES INCLUDE PROVIDING CAREER COACHING, COHORT LEARNING PROGRAMS, AND PROFESSIONAL ATTIRE, ALL IN SUPPORT OF SECURING EMPLOYMENT. OUR CLIENTS ARE REFERRED TO US BY REGIONAL SOCIAL SERVICE ORGANIZATIONS, COLLEGES, SHELTERS, AND OTHER WORKFORCE DEVELOPMENT AGENCIES. IN 2023, WE SERVED 786 UNIQUE WOMEN. TOTAL ENGAGEMENT IS EXPONENTIALLY HIGHER (3X) AS WE STRIVE FOR DEEPER ENGAGEMENT IN SERVICE TO ACHIEVING OUR MISSION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $775,735

Program Service Revenue $0

Investment Income $3,984

Other Revenue $-54,126

TOTAL REVENUE $725,593

Expense Breakdown

Grants Paid $85,565

Salaries & Benefits $423,014

Fundraising Expenses $106,224

Program Expenses $446,171

Other Expenses $167,337

TOTAL EXPENSES $705,296

Year-over-Year Comparison

	2023	2022	Change
Revenue	$725,593	$710,540	+0.0%
Expenses	$705,296	$655,992	+0.1%
Net Income	$20,297	$54,548	-0.6%

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

Volunteers

180

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

$121,680

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADA AGRAIT	PRESIDENT	4.00	Officer Director	$0	$0	$0
CES ESPIRITU	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
ANGELA ROGIERS	TREASURER	4.00	Officer Director	$0	$0	$0
KRISTY DICKSON	SECRETARY	4.00	Officer Director	$0	$0	$0
MARYLEEN EMERIC	DIRECTOR	2.00	Director	$0	$0	$0
GABY FERRERES	DIRECTOR	2.00	Director	$0	$0	$0
LUCY GARATE-BARROS	DIRECTOR	2.00	Director	$0	$0	$0
JACQUELINE IVY	DIRECTOR	2.00	Director	$0	$0	$0
SHERRY KOYAMA	DIRECTOR	2.00	Director	$0	$0	$0
MANUELA NOSKE	DIRECTOR	2.00	Director	$0	$0	$0
RICHA RAI	DIRECTOR	2.00	Director	$0	$0	$0
MALIA RAZZAIA	EXECUTIVE DIRECTOR	50.00	Officer	$121,400	$280	$121,680

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	No data	No data	No data	No data
2023	$725,593	$705,296	$583,266	$20,297
2022	$710,540	$655,992	$618,018	$54,548
2021	$547,690	$513,427	$460,332	$34,263
2020	$540,899	$534,733	$415,157	$6,166
2019	$961,292	$771,506	$405,404	$189,786
2018	$773,148	$683,279	$211,504	$89,869