Dress For Success Memphis
- Assets
- $171.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 07/2000
- Data as of
- 12/2019
- EIN
- 62-1807383
Organization Overview
Dress For Success Memphis is located in Memphis, TN. The organization was established in 2000. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, 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. Dress For Success Memphis 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 12/2019, Dress For Success Memphis generated $199.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $103.1k during the year ending 12/2019. While expenses have increased by 3.5% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhonda Treadwell Director | 20 | $28,500 | |
Johnsie Wallace-Gault President | 2 | $0 | |
Amber Covington Vice Preside | 2 | $0 | |
Sherila Jones-Tuggle Treasurer | 2 | $0 | |
Jovan Harris Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,255 |
| Total Program Service Revenue | $86,798 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,053 |
| 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 | $702 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,175 |
| Other expenses | $81,233 |
| Total expenses | $103,110 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,967 |
| Other assets | $0 |
| Total assets | $171,091 |
| Total liabilities | $0 |
| Net assets or fund balances | $171,091 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Dress For Success Memphis has recieved totaling $60,105.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $41,600 |
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN PURPOSE: PROGRAM SUPPORT | $10,000 |
Dress For Success Worldwide New York, NY PURPOSE: SUPPORT OF MEMBER ORGANIZATION | $8,505 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lumbee Land Development Inc Pembroke, NC | $104,644,049 | $36,954,542 |
Georgia Investor Action Fund Inc Atlanta, GA | $1,202,318 | $9,887,043 |
Samaritan House Community Center Rogers, AR | $3,368,725 | $7,534,821 |
E C Canada & Associates Inc Greensboro, NC | $229,550 | $4,504,238 |
Sylacauga Alliance For Family Enhancement Inc - Safe Sylacauga, AL | $1,918,841 | $3,896,450 |
Narrow Gate Foundation Duck River, TN | $1,833,553 | $2,973,441 |
Center For Executive Leadership Inc Birmingham, AL | $2,490,667 | $2,959,899 |
Project Rescue Foundation Springfield, MO | $4,016,610 | $3,399,257 |
Intown Collaborative Ministries Atlanta, GA | $816,682 | $2,226,002 |
Peoples Community Action Corporation Saint Louis, MO | $434,410 | $2,462,930 |
Hunter Lewis Foundation Edinburg, VA | $11,546,934 | $10,116 |
Restore Hope Inc Little Rock, AR | $316,312 | $1,564,715 |