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CHARITY REVIEW
Issued: April 2025 Expires: April 2027

Bottomless Closet

Accredited Charity
Accredited Charity

Meets Standards
(212) 563-2499
1 W 34th St Fl 5
New York, NY, 10001-3011
https://bottomlesscloset.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Bottomless Closet meets the 20 Standards for Charity Accountability.

Stated Purpose:
The mission of Bottomless Closet is to help disadvantaged New York City women become self-sufficient through a comprehensive program that begins with business attire and interview preparation and continues with professional development, financial management and personal enrichment. Using the model of women helping women and our network of dedicated volunteers, Bottomless Closet enhances our clients’ self-esteem and self-confidence in order for them to enter and succeed in the workforce and improve the quality of their lives.

Year, State Incorporated:
1999, NY

Bottomless Closet provides one-on-one assistance in resume preparation, interview techniques and presentation skills to women seeking employment, the opportunity to select interview-appropriate clothing from Bottomless Closet’s boutique, and offers an educational curriculum delivered by experts in their respective fields that emphasizes workplace skills and personal enrichment.

For the year ended December 31, 2023, Bottomless Closet's program expenses were:

Programs $1,029,630
Total Program Expenses $1,029,630

Chief Executive
Melissa Norden, Executive Director

Chair of the Board
Nancy Obler, Community Volunteer

Chair's Profession / Business Affiliation

Board Size
16

Paid Staff Size
8

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements

% of Related Contributions on Fundraising: 15.03%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Bottomless Closet's IRS Form 990 for the year ended December 31, 2023.

Source of Funds
Contributions and Grants $1,331,179
Investment Income $263,909
Other Revenue $64,503
Total Income $1,659,591

Programs: 77% Fundraising: 15% Administrative: 8%

Total Income $1,659,591
Total expenses: $1,342,094
  Program expenses $1,029,630
  Fundraising expenses $200,081
  Administrative expenses $112,383
  Other expenses $0
Income in Excess of Expenses $317,497
Beginning Net Assets $1,805,651
Other Changes In Net Assets $0
Ending Net Assets $2,123,148
Total Liabilities $1,488,815
Total Assets $3,611,963

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Foundation of Metropolitan New York