Dress For Success Worldwide
- Assets
- $9.8m
- Revenue
- $14.1m
- Investments
- $16.3k
- Employees
- 39
- Location
- New York, NY
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 13-4040377
Organization Overview
Dress For Success Worldwide is located in New York, NY. The organization was established in 1999. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Dress For Success Worldwide employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dress For Success Worldwide 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 12/2021, Dress For Success Worldwide generated $14.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $13.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dress For Success Worldwide has awarded 114 individual grants totaling $2,217,533. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFFILIATE PROGRAM: THE ORGANIZATION PROVIDES AN ARRAY OF SUPPORTS AND RESOURCES TO ITS GLOBAL AFFILIATES. THE AFFILIATE PROGRAM ADDRESSES AFFILIATE NEEDS AT ALL PHASES OF THEIR DEVELOPMENT, FROM START-UP TO MATURE AFFILIATES. INITIATIVES UNDER THE AFFILIATE PROGRAM INCLUDE THE DEVELOPMENT AND IMPLEMENTATION OF CONFERENCES, MEETINGS, CAMPAIGNS, AND PROGRAMS DESIGNED TO BUILD AFFILIATE CAPACITY, OPERATIONAL STRENGTH, AND FINANCIAL SUSTAINABILITY; FACILITATING BEST PRACTICE SHARING ACROSS THE GLOBAL AFFILIATE NETWORK; AND DISBURSEMENT OF DESIGNATED DONATIONS FROM CONTRIBUTORS TO AFFILIATES OF CASH AND IN-KIND DONATIONS.
SUITING PROGRAM: THE ORGANIZATION PROVIDES PROFESSIONAL ATTIRE TO CLIENTS FOR JOB INTERVIEWS AND, UPON SECURING OF EMPLOYMENT, OFFERS CLIENTS THE APPAREL AND ACCESSORIES NEEDED TO SUPPORT THEIR SUCCESS IN ENTERING OR REENTERING THE WORKFORCE. THE SUITING PROGRAM REFERS TO THESE PROGRAMS IMPLEMENTED WITHIN DSW SERVICE LOCATIONS IN NEW YORK CITY, CHICAGO, AND LOS ANGELES. THROUGHOUT THE PANDEMIC, THE SUITING PROGRAM INCORPORATED INCREASED DIGITAL PROGRAMMING AND CONTACTLESS SERVICES. THESE MODIFICATIONS WERE SUSTAINED IN 2021 TO SUPPORT OUR COMMUNITY'S HEALTH AND SAFETY.
EMPLOYMENT PROGRAM: THE ORGANIZATION PROVIDES EDUCATION AND TRAINING, INCLUDING JOB PREPARATION, CAREER DEVELOPMENT, EMPLOYMENT RETENTION, AND FINANCIAL LITERACY PROGRAMS, TO CLIENTS. THESE PROGRAMS, WHICH INCLUDE IN-PERSON AND ONLINE INDIVIDUALIZED AND COHORT-BASED DELIVERY MODELS, SEEK TO EQUIP WOMEN TO SECURE AND RETAIN EMPLOYMENT, PROGRESS IN THEIR CAREERS, AND ACHIEVE ECONOMIC INDEPENDENCE. EMPLOYMENT PROGRAMS INCLUDE THOSE RUN WITHIN DSW SERVICE LOCATIONS AS WELL AS PROGRAMS IMPLEMENTED WITH DSW SUPPORT IN AFFILIATES GLOBALLY. MODIFICATIONS IN RESPONSE TO THE PANDEMIC WERE SUSTAINED IN 2021 TO SUPPORT OUR COMMUNITY'S HEALTH AND SAFETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joi Gordon CEO | Officer | 40 | $400,899 |
Wendy Longwood COO | Officer | 40 | $226,785 |
Jeanette Duffy Chief Program Officer | Officer | 40 | $206,469 |
Elizabeth Carey Chief Affiliate & Sustain. Officer | Officer | 40 | $198,727 |
Jenny Lai VP Of Development | 40 | $142,668 | |
Patricia Steele VP Of Mkt & Communication | 40 | $141,165 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $89,309 |
| Membership dues | $0 |
| Fundraising events | $569,061 |
| Related organizations | $0 |
| Government grants | $504,802 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,867,551 |
| Noncash contributions included in lines 1a–1f | $6,794,629 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,030,723 |
| Total Program Service Revenue | $0 |
| Investment income | $111,121 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$23,262 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,118,582 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,142,271 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $37,470 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,145,472 |
| Compensation of current officers, directors, key employees. | $715,312 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,858,976 |
| Pension plan accruals and contributions | $17,871 |
| Other employee benefits | $152,154 |
| Payroll taxes | $296,326 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,353 |
| Fees for services: Accounting | $36,097 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,557 |
| Fees for services: Other | $125,864 |
| Advertising and promotion | $11,859 |
| Office expenses | $218,688 |
| Information technology | $351,977 |
| Royalties | $0 |
| Occupancy | $598,690 |
| Travel | $3,326 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,398 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $63,823 |
| Insurance | $32,625 |
| All other expenses | $6,507 |
| Total functional expenses | $13,024,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,850,458 |
| Savings and temporary cash investments | $1,814,505 |
| 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 | $5,147 |
| Net Land, buildings, and equipment | $52,793 |
| Investments—publicly traded securities | $5,289,584 |
| Investments—other securities | $16,273 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $736,503 |
| Total assets | $9,765,263 |
| Accounts payable and accrued expenses | $266,396 |
| Grants payable | $0 |
| Deferred revenue | $192,150 |
| 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 | $518,600 |
| Other liabilities | $467,989 |
| Total liabilities | $1,445,135 |
| Net assets without donor restrictions | $7,648,519 |
| Net assets with donor restrictions | $671,609 |
| 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 | $9,765,263 |
Grants Awarded
Over the last fiscal year, Dress For Success Worldwide has awarded $1,078,318 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
Columbus, OH PURPOSE: SUPPORT OF MEMBER ORGANIZATION | $76,115 |
Lawrenceville, NJ PURPOSE: SUPPORT OF MEMBER ORGANIZATION | $69,706 |
Boston, MA PURPOSE: SUPPORT OF MEMBER ORGANIZATION | $60,850 |
DRESS FOR SUCCESS SAN FRANCISCO PURPOSE: SUPPORT OF MEMBER ORGANIZATION | $57,857 |
Washington, DC PURPOSE: SUPPORT OF MEMBER ORGANIZATION | $42,285 |
Tampa, FL PURPOSE: SUPPORT OF MEMBER ORGANIZATION | $41,580 |
Grants Recieved
Over the last fiscal year, we have identified 43 grants that Dress For Success Worldwide has recieved totaling $1,267,607.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $276,878 |
Ulta Beauty Charitable Foundation Bolingbrook, IL PURPOSE: Provides professional attire for low-income women | $263,078 |
Adecco Group Us Charities Inc Jacksonville, FL PURPOSE: SUPPORT THE PURPOSE OF THE CHARITY | $134,000 |
The Coca-Cola Foundation Inc Atlanta, GA PURPOSE: MOVING FORWARD: SERVING DRESS FOR SUCCESS WOMEN IN RESPONSE TO COVID-19 | $125,000 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $80,913 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $80,913 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Polish-American Freedom Foundation New York, NY | $332,912,578 | $20,651,430 |
Omidyar-Tufts Microfinance Fund Somerville, MA | $114,828,830 | -$1,213,909 |
Dress For Success Worldwide New York, NY | $9,765,263 | $14,118,582 |
Endeavor Global Inc New York, NY | $17,758,887 | $22,239,624 |
Mennonite Economic Development Associates Lancaster, PA | $26,265,593 | $14,802,817 |
Financial Services Volunteer Corps Inc New York, NY | $4,338,276 | $8,058,219 |
Romanian American Foundation New York, NY | $151,764,693 | $36,392,050 |
Nest Inc New York, NY | $5,296,909 | $4,810,117 |
Cerge-Ei Foundation New York, NY | $13,211,124 | $3,287,220 |
Junior Achievement Of New York New York, NY | $4,177,610 | $3,603,746 |
Junior Achievement Usa Bridgeville, PA | $5,474,447 | $2,637,956 |
Junior Achievement Of New Jersey Edison, NJ | $1,756,989 | $2,071,361 |