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CHARITY REVIEW
Issued: October 2024 Expires: October 2026

Dress For Success Louisville

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
2722 Crittenden Dr # LL200
Louisville, KY, 40209-1114

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

Dress For Success Louisville meets the 20 Standards for Charity Accountability.

Stated Purpose:
To help unemployed and underemployed women achieve economic independence by providing no-fee programs, development tools, and professional attire to thrive in work and in life.

Year, State Incorporated:
2001, KY

Dress for Success Louisville is dedicated to empowering women to achieve economic independence by providing a network of support, professional attire, and development tools. Since its founding, it has served thousands of women in the Louisville metro area, helping them transition from unemployment to self-sufficiency and career success. Programs include career coaching, job retention support, financial literacy workshops, and access to a professional clothing boutique.

For the year ended December 31, 2023, Dress For Success Louisville's program expenses were:

Program services $171,610
Total Program Expenses $171,610

Chief Executive
Billy Jo Avy, Executive Director

Chair of the Board
Ms. Christi Vandersyde

Chair's Profession / Business Affiliation
Credit Quality Assurance Analyst, Republic Bank

Board Size
13

Paid Staff Size
3

Method(s) Used:
Invitations to fund raising events, Television, Grant proposals, Appeals via Social Media (Facebook, etc.), Solicitations for Used Clothing

% of Related Contributions on Fundraising: 11.17%

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 Dress For Success Louisville's IRS Form 990 for the year ended December 31, 2023.

Source of Funds
All other contributions, gifts, grants $100,627
Fundraising events $29,190
Other fundraising events, net $15,952
Sales of inventory $11,049
Total Income $156,818

Programs: 83% Fundraising: 8% Administrative: 9%

Total Income $156,818
Total expenses: $206,365
  Program expenses $171,610
  Fundraising expenses $16,283
  Administrative expenses $18,472
  Other expenses $0
Income in Excess of Expenses $-49,547
Beginning Net Assets $237,073
Other Changes In Net Assets $0
Ending Net Assets $187,526
Total Liabilities $4,080
Total Assets $191,606
Ending net assets as reported above include $89,842 without donor restrictions and $97,684 with donor restrictions.

Total assets as reported above include $47,170 in property and equipment, net.

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.

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Report completed by:
BBB serving Greater Kentucky and South Central Indiana