Washington Dc Fashion Foundation
- Assets
- $1.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Catonsville, MD
- Founding
- 06/2009
- Data as of
- 09/2021
- EIN
- 26-4560980
Organization Overview
Washington Dc Fashion Foundation is located in Catonsville, MD. The organization was established in 2009. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington DC Fashion Foundation 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 09/2021, Washington DC Fashion Foundation generated $80.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (25.8%) each year. All expenses for the organization totaled $78.7k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (18.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROTECT WITH PURPOSE: A COVID-19 INITIATIVE THAT IS AN INNOVATIVE COMMUNITY MANUFACTURING PROJECT COLLABORATING WITH DC TEXTILE WORKERS OF COLOR TO PRODUCE NEEDED CLOTH MASKS FOR RESIDENTS, ORGANIZATION AND INSTITUTIONS SERVING OUR COMMUNITY. DCFF NOT ONLY PROVIDED ESSENTIAL FACE COVERINGS TO VULNERABLE COMMUNITIES AND RE-EMPLOY DC RESIDENTS, BUT ABLE TO SHOWCASE A NEW EQUITABLE ECONOMIC DEVELOPMENT MODEL. THE MASK DESIGNED AND MADE IN DC TO RESPOND AND PIVOT DUE TO THE PANDEMIC ADHERED TO THE HIGHEST QUALITY STANDARDS DEVELOPED BASED ON CDC RECOMMENDATIONS FOR FACE COVERINGS, AND OFFERS CREATIVE DESIGNS, WHILE HELPING PROTECT AND CREATE JOBS FOR THE FASHION DESIGN COMMUNITY. SERVED OVER 5000 DC RESIDENTS AND HIRED OVER 5 FASHION PROFESSIONALS THAT WERE OUT OF WORK DURING THE PANDEMIC, AS WELL AS, SERVING THE MISSION OF DC FASHION FOUNDATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Brooks-Cropper President & CEO | 10 | $28,105 | |
Kesha Mumford Chair, Board Of Directors | 0 | $0 | |
Noural Adly Mostafa Secretary, Board Of Directors | 0 | $0 | |
Chonita Dixon Treasurer, Board Of Directors | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,211 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,211 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $30,605 |
| Occupancy, rent, utilities, and maintenance | $14,984 |
| Printing, publications, postage, and shipping | $2,104 |
| Other expenses | $30,976 |
| Total expenses | $78,669 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,542 |
| Other assets | $0 |
| Total assets | $1,542 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,542 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yaplus Arlington, VA | $14,080,198 | $11,268,285 |
York County Economic Alliance York, PA | $4,435,375 | $9,671,986 |
Structured Finance Industry Group Inc Washington, DC | $15,991,884 | $10,124,152 |
Virginia Utility Protection Service Inc Roanoke, VA | $16,444,690 | $8,907,059 |
Bridgeway Capital Inc Pittsburgh, PA | $100,800,088 | $11,446,748 |
The Esop Association Of America Washington, DC | $3,829,140 | $6,835,411 |
Ccdc Common Area Association Washington, DC | $638,394 | $6,311,818 |
Altoona-Blair County Development Corporation Altoona, PA | $122,969,142 | $33,416,279 |
Greater Wilkes-Barre Industrial Fund Inc Wilkesbarre, PA | $1,685,287 | $7,409,722 |
Virginia Community Capital Inc Christiansburg, VA | $56,421,694 | $9,502,783 |
Trustworthy Accountability Group Inc Washington, DC | $9,890,254 | $6,100,176 |
Us-Asean Business Council Inc Washington, DC | $3,403,596 | $5,619,066 |