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Nonprofiteer
← DRESS FOR SUCCESS BOSTON INC

Form 990 for tax year 2022

Filed by DRESS FOR SUCCESS BOSTON INC.

Totals

Total revenue
$978,145
Total expenses
$620,913
Contributions and grants received
$982,487
Grants paid
$0
Program service revenue
$7,263
Investment income
$4,000
Other revenue
-$15,605
Total assets, end of year
$1,049,964
Total liabilities, end of year
$12,884
Net assets or fund balances, end of year
$1,037,080
Program services expenses (Part IX)
$371,734
Management and general expenses
$153,121
Fundraising expenses
$96,058
Program service expenses (Part III)
$371,734

Program services were 59.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $112,065

  • 1f · All other contributions, gifts and grants

    $870,422

  • 1g · Noncash contributions included above

    $70,000

  • 2a · Program service revenue: CLEARANCE SALES

    total $6,763 · related or exempt $6,763

  • 2b · Program service revenue: STYLE SESSIONS

    total $500 · related or exempt $500

  • 3 · Investment income

    total $4,000 · excluded $4,000

  • 8a · Fundraising events: gross income

    $3,000

  • 8a · Fundraising events: contributions included on line 1c

    $112,065

  • 8b · Fundraising events: direct expenses

    $18,605

  • 8c · Net income from fundraising events

    total -$15,605 · excluded -$15,605

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $116,768 · program services $21,679 · management and general $28,055 · fundraising $67,034

  • 7 · Other salaries and wages

    total $146,344 · program services $119,520 · management and general $24,487 · fundraising $2,337

  • 9 · Other employee benefits

    total $20,611 · program services $11,130 · management and general $4,122 · fundraising $5,359

  • 10 · Payroll taxes

    total $20,286 · program services $10,955 · management and general $4,057 · fundraising $5,274

  • 11c · Fees: accounting

    total $8,700 · management and general $8,700

  • 11g · Fees: other

    total $62,006 · management and general $62,006

  • 12 · Advertising and promotion

    total $1,362 · program services $1,242 · management and general $120

  • 13 · Office expenses

    total $28,570 · program services $5,649 · management and general $14,980 · fundraising $7,941

  • 14 · Information technology

    total $21,523 · program services $11,623 · management and general $4,304 · fundraising $5,596

  • 17 · Travel

    total $1,201 · program services $545 · management and general $396 · fundraising $260

  • 19 · Conferences, conventions and meetings

    total $4,956 · program services $4,798 · management and general $158

  • 22 · Depreciation, depletion and amortization

    total $4,973 · program services $2,685 · management and general $995 · fundraising $1,293

  • 23 · Insurance

    total $3,707 · program services $2,002 · management and general $741 · fundraising $964

  • 24a · Other expenses: CLOTHING AND SHOES

    total $179,906 · program services $179,906

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $79,623 · end of year $46,840

  • 2 · Savings and temporary cash investments

    beginning of year $301,142 · end of year $221,379

  • 3 · Pledges and grants receivable

    beginning of year $37,080 · end of year $595,723

  • 8 · Inventories for sale or use

    beginning of year $142,722 · end of year $49,228

  • 9 · Prepaid expenses and deferred charges

    beginning of year $10,744 · end of year $8,680

  • 10a · Land, buildings and equipment: cost or other basis

    $31,861

  • 10b · Land, buildings and equipment: accumulated depreciation

    $15,723

  • 10c · Land, buildings and equipment, net

    beginning of year $11,296 · end of year $16,138

  • 15 · Other assets

    beginning of year $108,212 · end of year $111,976

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,971 · end of year $12,884

  • 27 · Net assets without donor restrictions

    beginning of year $628,196 · end of year $976,587

  • 28 · Net assets with donor restrictions

    beginning of year $51,652 · end of year $60,493

Mission and programs · 2022

Mission

TO EMPOWER WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY PROVIDING A NETWORK OF SUPPORT, PROFESSIONAL ATTIRE, AND THE DEVELOPMENT TOOLS TO HELP WOMEN THRIVE IN WORK AND IN LIFE.

Activities or mission (Part I)

SEE SCHEDULE O

  • DRESS FOR SUCCESS BOSTON, INC. (THE ORGANIZATION") WAS ORGANIZED IN THE COMMONWEALTH OF MASSACHUSETTS AS A NOT-FOR-PROFIT ON MARCH 27, 2001 AND HAS SERVED 500 WOMEN IN FISCAL YEAR 2023 AND OVER 15,650 WOMEN SINCE 2021. THE ORGANIZATION IS AN AFFILIATE OF THE WORLDWIDE DRESS FOR SUCCESS ORGANIZATION, WHICH HAS EXPANDED TO 139 CITIES IN 22 COUNTRIES. THE ORGANIZATION'S PURPOSE IS TO OFFER LONG-LASTING SOLUTIONS THAT ENABLE WOMEN TO BREAK THE CYCLE OF POVERTY. THE ORGANIZATION IS PART OF A GLOBAL MOVEMENT FOR CHANGE, EMPOWERING WOMEN TO OBTAIN SAFER AND BETTER FUTURES. WE PROVIDE EACH CLIENT WITH PROFESSIONAL ATTIRE TO SECURE EMPLOYMENT, BUT WE ARE ABOUT MUCH MORE THAN SIMPLY A NEW OUTFIT. BESIDES PROVIDING THE CLIENT WITH APPAREL AND ACCESSORIES, OUR PROGRAMS FURNISH HER WITH A CONFIDENCE THAT SHE CARRIES FOREVER AND THE KNOWLEDGE THAT SHE CAN ACTIVELY DEFINE HER LIFE, THE DIRECTION SHE TAKES AND WHAT SUCCESS MEANS TO HER.

    Expenses $371,734 · Revenue $7,263

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jacqueline Budd

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Angela Smith

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Monica Brownlee

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Madora M Curtin

    CLERK

    Total calculated
    $0
    Hours/week
    0.5
  • Luisa Borges

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Kristen Daly

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Peter E Gelhaar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Minnie Baylor Henry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Meghan Houle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Denise Marks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Angela Menino

    DIRECTOR - EMERITUS

    Total calculated
    $0
    Hours/week
    0
  • Peter Pedro Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Mitchell Riesenberger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Nancy H Schneider

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Femi Wasserman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Bennie Wiley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Denise R Wolffs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Kimberly Todd

    EXECUTIVE DIRECTOR

    Total calculated
    $116,768
    From this org
    $94,037
    From related orgs
    $0
    Other
    $22,731
    Hours/week
    35

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
21 February 2024
IRS schema version
2022v5.0
Source object
202410579349301506

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