Tailored For Success
- Assets
- $21.4k
- Revenue
- $89.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Malden, MA
- Founding
- 01/2001
- Data as of
- 06/2021
- EIN
- 04-3488106
Organization Overview
Tailored For Success is located in Malden, MA. The organization was established in 2001. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tailored For Success is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Tailored For Success generated $89.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $84.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TAILORED FOR SUCCESS EMPOWERS JOB SEEKERS TO BECOME ECONOMICALLY SELF SUFFICIENT BY PROVIDING RESOURCES, SKILLS TRAINING AND SUPPORTIVE REINFORCEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE DEVELOPMENT/REIMAGINE YOUR CAREER PROGRAM: IN ORDER TO HAVE A SIGNIFICANT IMPACT ON OUR CLIENTS, IT IS CRITICAL TO PROVIDE ONGOING SUPPORT TO OUR CLIENTS IN ORDER FOR THEM TO ACHIEVE ECONOMIC SELF-SUFFICIENCY. TAILORED FOR SUCCESS OFFERS A COMPLETE MENU OF JOB READINESS AND SOFT SKILL TRAININGS TO OUR CLIENTS THAT FOCUS ON TRAINING AROUND FOUR IMPORTANT AREAS: (1) JOB SEARCH PROCESS, (2) INTERVIEW TECHNIQUES, (3) EMPLOYMENT AND CAREER TRANSITION, AND (4) SOFT SKILLS. REIMAGINE YOUR CAREER PROGRAM IS A PROFESSIONAL DEVELOPMENT PROGRAM CONSISTING OF MONTHLY WORKSHOPS TO HELP JOB SEEKERS AFFECTED BY JOB LOSS DUE TO THE PANDEMIC).
CAREER CLOSET PROGRAM & TAILORED STYLING BOX: THE CAREER CLOSET IS TYPICALLY THE FIRST STEP IN EMPOWERING ECONOMICALLY DISADVANTAGED INDIVIDUALS TOWARD ECONOMIC SELF-SUFFICIENCY. THE CAREER CLOSET IS OPEN TO ANYONE IN ACTIVE JOB SEARCH REGARDLESS OF GENDER IDENTITY. CLIENTS RECEIVE TWO BUSINESS OUTFITS FOR INTERVIEWING AND ARE ENTITLED UPON CONFIRMATION OF EMPLOYMENT TO RETURN FOR A WEEK'S WORTH OF CLOTHING TO BEGIN THEIR NEW JOB. CLOTHING IS ALSO PROVIDED TO AT RISK STUDENTS FOR INTERNSHIPS AND SUMMER JOBS. ALL CLOTHING DISTRIBUTED IS DONATED BY CORPORATE SPONSORS AND THE GENERAL PUBLIC THROUGH INDIVIDUAL DONATIONS AND CLOTHING DRIVES. ALSO OFFERED IS A VIRTUAL STYLING BOX PROGRAM.
BOOTS2SUITS, A VETERAN CAREER TRANSITION PROGRAM: THE BOOT2SUITS PROGRAM CONSISTS OF WORKSHOPS ON TOPICS THAT EXPLORE THE ISSUES SURROUNDING TRANSITIONING FROM THE MILITARY TO CIVILIAN WORKFORCE AS WELL AS TOOLS AND SKILL ASSESSMENTS TO ASSIST WITH THE TRANSITION. SINCE THE LAUNCH OF THIS PROGRAM, WE HAVE SERVED OVER 30 VETERANS BY PROVIDING WORKSHOPS, PANEL DISCUSSIONS AND BUSINESS CLOTHING. ALSO, A TAILORED FOR SUCCESS SATELLITE BOOTS2SUITS LOCATED IN DORCHESTER MA SUPPLIES CLOTHING AND ACCESSORIES TO VETERANS IN GREATER BOSTON.
WORKFORCE DEVELOPMENT/REIMAGINE YOUR CAREER PROGRAM: IN ORDER TO HAVE A SIGNIFICANT IMPACT ON OUR CLIENTS, IT IS CRITICAL TO PROVIDE ONGOING SUPPORT TO OUR CLIENTS IN ORDER FOR THEM TO ACHIEVE ECONOMIC SELF-SUFFICIENCY. TAILORED FOR SUCCESS OFFERS A COMPLETE MENU OF JOB READINESS AND SOFT SKILL TRAININGS TO OUR CLIENTS THAT FOCUS ON TRAINING AROUND FOUR IMPORTANT AREAS: (1) JOB SEARCH PROCESS, (2) INTERVIEW TECHNIQUES, (3) EMPLOYMENT AND CAREER TRANSITION, AND (4) SOFT SKILLS. REIMAGINE YOUR CAREER PROGRAM IS A PROFESSIONAL DEVELOPMENT PROGRAM CONSISTING OF MONTHLY WORKSHOPS TO HELP JOB SEEKERS AFFECTED BY JOB LOSS DUE TO THE PANDEMIC).
CAREER CLOSET PROGRAM & TAILORED STYLING BOX: THE CAREER CLOSET IS TYPICALLY THE FIRST STEP IN EMPOWERING ECONOMICALLY DISADVANTAGED INDIVIDUALS TOWARD ECONOMIC SELF-SUFFICIENCY. THE CAREER CLOSET IS OPEN TO ANYONE IN ACTIVE JOB SEARCH REGARDLESS OF GENDER IDENTITY. CLIENTS RECEIVE TWO BUSINESS OUTFITS FOR INTERVIEWING AND ARE ENTITLED UPON CONFIRMATION OF EMPLOYMENT TO RETURN FOR A WEEK'S WORTH OF CLOTHING TO BEGIN THEIR NEW JOB. CLOTHING IS ALSO PROVIDED TO AT RISK STUDENTS FOR INTERNSHIPS AND SUMMER JOBS. ALL CLOTHING DISTRIBUTED IS DONATED BY CORPORATE SPONSORS AND THE GENERAL PUBLIC THROUGH INDIVIDUAL DONATIONS AND CLOTHING DRIVES. ALSO OFFERED IS A VIRTUAL STYLING BOX PROGRAM.
BOOTS2SUITS, A VETERAN CAREER TRANSITION PROGRAM: THE BOOT2SUITS PROGRAM CONSISTS OF WORKSHOPS ON TOPICS THAT EXPLORE THE ISSUES SURROUNDING TRANSITIONING FROM THE MILITARY TO CIVILIAN WORKFORCE AS WELL AS TOOLS AND SKILL ASSESSMENTS TO ASSIST WITH THE TRANSITION. SINCE THE LAUNCH OF THIS PROGRAM, WE HAVE SERVED OVER 30 VETERANS BY PROVIDING WORKSHOPS, PANEL DISCUSSIONS AND BUSINESS CLOTHING. ALSO, A TAILORED FOR SUCCESS SATELLITE BOOTS2SUITS LOCATED IN DORCHESTER MA SUPPLIES CLOTHING AND ACCESSORIES TO VETERANS IN GREATER BOSTON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Hart Executive Director | Officer | 40 | $36,346 |
Cindy Crosby President | OfficerTrustee | 1 | $0 |
Matthew Troiano Treasurer | OfficerTrustee | 1 | $0 |
Donna Denoncourt Director | Trustee | 1 | $0 |
Paul Solano Director | Trustee | 1 | $0 |
Dr Deborah Wayne Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,522 |
| Noncash contributions included in lines 1a–1f | $20,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,522 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $89,422 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $36,346 |
| Compensation of current officers, directors, key employees. | $3,635 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $756 |
| Payroll taxes | $1,751 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $75 |
| Office expenses | $4,879 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $200 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $153 |
| Insurance | $636 |
| All other expenses | $14,144 |
| Total functional expenses | $83,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,381 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,381 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $3,900 |
| Other liabilities | $0 |
| Total liabilities | $3,900 |
| Net assets without donor restrictions | $17,481 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,381 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Tailored For Success has recieved totaling $13,617.
| Awarding Organization | Amount |
|---|---|
Piccolo Family Charitable Foundation Inc Malden, MA PURPOSE: PROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK | $5,500 |
Peoples United Community Foundation Of Eastern Massachusetts Inc Wilmington, DE PURPOSE: REIMAGINE YOUR CAREER | $5,000 |
East Boston Saving Bank Charitable Foundation Inc Rockland, MA PURPOSE: EXEMPT PURPOSES | $2,500 |
George Mavridis Foundation Inc Peabody, MA PURPOSE: TO SUPPORT THE MISSION OF THE NON-PROFIT. | $350 |
Alexander Aronson Finning & Co Charitable Foundation Westborough, MA PURPOSE: PROGRAM SUPPORT | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $17 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wellspring Inc Hull, MA | $3,076,333 | $2,143,691 |
Housing Works Used Book Cafe Inc Brooklyn, NY | $1,257,687 | $417,079 |
Leeward Charitable Foundation Inc Salisbury, MA | $1,114,900 | $1,587,888 |
Waste-Not-Want-Not Inc New York, NY | $85,775 | $905,044 |
Vintage Thrift Shop Corporation New York, NY | $949,773 | $1,175,007 |
Hospital Thrift Shop Nantucket, MA | $873,056 | $917,813 |
Ridgefield Thrift Shop Inc Ridgefield, CT | $812,308 | $908,350 |
Barristers Book Shop South Royalton, VT | $588,614 | $671,375 |
Cure Thrift Inc New York, NY | $155,357 | $464,737 |
Shelburne Charlotte Hinesburg Interfaith Projects Inc Shelburne, VT | $270,618 | $424,765 |
Guilford A Better Chance Inc Guilford, CT | $1,168,167 | $433,191 |
Barn Thrift Shop Salt Point, NY | $790,793 | $390,609 |