Dress For Success Worcester Inc
- Assets
- $80.1k
- Revenue
- $209.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Worcester, MA
- Founding
- 04/2009
- Data as of
- 06/2022
- EIN
- 26-3168663
Organization Overview
Dress For Success Worcester Inc is located in Worcester, MA. The organization was established in 2009. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2022, Dress For Success Worcester Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dress For Success Worcester Inc 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 06/2022, Dress For Success Worcester Inc generated $209.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $248.9k during the year ending 06/2022. While expenses have increased by 14.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION SERVES WOMEN FROM THROUGHOUT CENTRAL MASSACHUSETTS AND IS AN AFFILIATE OF THE GLOBAL DRESS FOR SUCCESS ORGANIZATION WHICH HAS 144 AFFILIATES IN 22 COUNTRIES. THE ORGANIZATION'S MISSION IS TO EMPOWER WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY PROVIDING THE NETWORK OF SUPPORT, PROFESSIONAL ATTIRE AND THE DEVELOPMENT TOOLS TO HELP WOMEN THRIVE IN THEIR WORK AND IN LIFE. THE ORGANIZATION OFFERS PROGRAMS THAT ARE INCLUSIVE, FLEXIBLE AND ADAPTIVE TO MEET EACH INDIVIDUAL WOMAN WHEREVER SHE MAY BE IN HER EMPLOYMENT DEVELOPMENT CYCLE. THE PRINCIPLES AND CONCEPTS WE SHARE ARE TRANSFERABLE BETWEEN INDUSTRIES, AND ACROSS SECTORS. THE WORK IS FOCUSED ON UNDERSTANDING THAT IT IS THROUGH MEANINGFUL AND LONG-TERM EMPLOYMNET THAT WOMEN WILL ACHIEVE ECONOMIC SUCCESS, STABILIZE THEIR FAMILIES, STRENGTHEN OUR COMMUNITIES. A STRATEGIC FOCUS ON RELATIONSHIP DEVELOPMENT IS INTEGRATED THROUGHOUT ALL PROGRAMS PROVIDED BY THE ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SUITING AND CAREER COACH PROGRAM PROVIDES INTERVIEW SUITS AND CAREER WEAR FOR WOMEN WHO ARE SEEKING EMPLOYMENT OR STARTING A NEW JOB.
THE I AM SUCCESSFUL 10-WEEK PROGRAM IMPACTED WOMEN BY HELPING THEM GAIN PROFESSIONAL SKILLS, ACCELERATE THEIR JOB SEARCH AND BUILD CONFIDENCE THROUGH WEEKLY TRAINING SESSIONS, CAREER COACHING AND NETWORKING IN A SUPPORTIVE ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ariel Lim Director | Trustee | 0.5 | $0 |
Claire Esten Treasurer | OfficerTrustee | 1 | $0 |
Elyson Dos Santos Director | Trustee | 0.5 | $0 |
Krystyna Dougert Director | Trustee | 0.5 | $0 |
Laura Tasker Wiedeman Vice President | OfficerTrustee | 0.5 | $0 |
Martha Welsh President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,112 |
| All other contributions, gifts, grants, and similar amounts not included above | $140,941 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,053 |
| Total Program Service Revenue | $14,664 |
| 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 | $25,200 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $209,917 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $77,146 |
| Compensation of current officers, directors, key employees. | $3,856 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,296 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,489 |
| Payroll taxes | $10,737 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,406 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,577 |
| Advertising and promotion | $1,419 |
| Office expenses | $2,855 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,215 |
| Travel | $1,543 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $802 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $722 |
| Insurance | $2,179 |
| All other expenses | $2,418 |
| Total functional expenses | $248,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,673 |
| 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 | $4,903 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,543 |
| Total assets | $80,119 |
| Accounts payable and accrued expenses | $8,879 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,879 |
| Net assets without donor restrictions | $71,240 |
| 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 | $80,119 |