Suited For Success Inc
- Assets
- $133.4k
- Revenue
- $185.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Oklahoma City, OK
- Founding
- 07/1996
- Data as of
- 06/2020
- EIN
- 73-1466393
Organization Overview
Suited For Success Inc is located in Oklahoma City, OK. The organization was established in 1996. 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 06/2020, Suited For Success Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Suited For Success 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 06/2020, Suited For Success Inc generated $185.0k 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 (5.3%) each year. All expenses for the organization totaled $216.2k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (1.8%) 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SUITED FOR SUCCESS PROVIDES PROFESSIONAL CLOTHING AND CAREER DEVELOPMENT SERVICES TO LOW INCOME WOMEN WHO ARE ACTIVELY SEEKING EMPLOYMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUITED FOR SUCCESS PROVIDES PROFESSIONAL CLOTHING AND CAREER DEVELOPMENT SERVICES TO LOW INCOME WOMEN WHO ARE ACTIVELY SEEKING EMPLOYMENT. IST APPOINMENTS WERE PROVIDED TO APPROXIMATELY 234 WOMEN, CLOTHING AND ACCESSORIES FOR 2ND APPOINMENTS WERE PROVIDED TO 30 WOMEN, AND 4 WOMEN RETURNED FOR APPOINTMENTS AFTER RECEIVING OFFERS OF EMPLOYMENT.
SUITED FOR SUCCESS PROVIDES PROFESSIONAL CLOTHING AND CAREER DEVELOPMENT SERVICES TO LOW INCOME WOMEN WHO ARE ACTIVELY SEEKING EMPLOYMENT. IST APPOINMENTS WERE PROVIDED TO APPROXIMATELY 234 WOMEN, CLOTHING AND ACCESSORIES FOR 2ND APPOINMENTS WERE PROVIDED TO 30 WOMEN, AND 4 WOMEN RETURNED FOR APPOINTMENTS AFTER RECEIVING OFFERS OF EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Walton Executive Director | OfficerTrustee | 30 | $15,000 |
Tiffany Jedlicka Past Chair | OfficerTrustee | 4 | $0 |
Reign Karpe Chair | OfficerTrustee | 4 | $0 |
Andrew Noland Chair Elect | OfficerTrustee | 2 | $0 |
Pilar Cipollone Secretary | Trustee | 2 | $0 |
Kristi Colclasure Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,125 |
| 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 | $184,961 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $100,553 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $12,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,530 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,614 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,914 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,258 |
| Office expenses | $6,047 |
| Information technology | $148 |
| Royalties | $0 |
| Occupancy | $22,359 |
| Travel | $1,157 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,948 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $562 |
| All other expenses | $0 |
| Total functional expenses | $216,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,251 |
| Savings and temporary cash investments | $19,586 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $55,755 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $12,892 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $133,443 |
| 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 | $14,647 |
| Other liabilities | $5,647 |
| Total liabilities | $20,294 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $113,149 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Suited For Success Inc has recieved totaling $38.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lower Rio Grande Valley Work Force Development Board Inc McAllen, TX | $5,212,488 | $66,497,869 |
Worksource Greater Austin Area Workforce Board Austin, TX | $7,261,815 | $58,093,969 |
Workforce Solutions Borderplex Inc El Paso, TX | $5,306,845 | $45,990,076 |
Cameron Works Inc Brownsville, TX | $2,787,280 | $31,592,177 |
Ser-Jobs For Progress National Inc Irving, TX | $3,318,902 | $28,571,341 |
Central Texas Workforce Development Board Inc Belton, TX | $2,941,499 | $26,810,253 |
Rocky Mountain Ser Jobs For Progress Inc Denver, CO | $10,491,072 | $23,133,017 |
Behavior Analyst Certification Board Inc Littleton, CO | $13,618,114 | $24,988,960 |
Heart Of Texas Workforce Development Board Inc Waco, TX | $2,034,664 | $17,688,488 |
North East Texas Workforce Development Board Inc Wake Village, TX | $1,257,688 | $15,473,387 |
Ser-Jobs For Progress Of The Texas Gulf Coast Inc Houston, TX | $10,211,758 | $9,239,776 |
The Mission Continues Saint Louis, MO | $10,410,766 | $11,093,875 |