Dress for Success Worldwide meets the 20 Standards for Charity Accountability.
Dress for Success Worldwide (DSW) designs and delivers services and programs to help women overcome gender-based challenges faced during every phase of their professional journey. Signature programs include one-on-one career coaching to provide access to strategies and technology women need to job search, interview, and negotiate. Women also participate in workshops, where speakers and panels of subject matter experts share their experience and support women in support of their career goals. With cohort-based learning, women benefit from a consistent, supportive environment, meeting weekly or monthly to take part in meaningful discussions and activities covering the subjects most relevant to each cohort?s interests and goals. DSW's suiting program outfits women with the apparel and accessories they need to interview or begin their new role.
For the year ended December 31, 2019, Dress for Success Worldwide's program expenses were:
Affiliate |
$7,705,190 |
Suiting |
$1,969,480 |
Employment |
$1,605,710 |
Total Program Expenses: |
$11,280,380 |
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Chief Executive
Joi Gordon, Chief Executive Officer
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Compensation*
$382,288
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Chair of the Board
Elena Kiam
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Chair's Profession / Business Affiliation
General Manager, Kiam Ventures
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Board Size
17
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Paid Staff Size
30
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Grant proposals, Internet, Invitations to fund raising events, Membership appeals, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 11% of related contributions. (Related contributions, which totaled $15,046,368, are donations received as a result of fundraising activities.)
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 Worldwide's audited financial statements for the year ended December 31, 2019.
Source of Funds |
In-kind contributions - product |
$6,649,422 |
Contributions |
$5,815,813 |
Fundraising |
$2,113,833 |
Gain on investments |
$588,114 |
In-kind contributions - service |
$467,300 |
Total Income |
$15,634,482 |
- Programs: 78%
- Fundraising: 11%
- Administrative: 11%
Total Income |
$15,634,482 |
Program expenses |
$11,280,380 |
Fundraising expenses |
$1,665,414 |
Administrative expenses |
$1,610,497 |
Other expenses |
$0 |
Total expenses: |
$14,556,291 |
Income in Excess of Expenses |
$1,078,191 |
Beginning Net Assets |
$5,564,796 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$6,642,987 |
Total Liabilities |
$799,595 |
Total Assets |
$7,442,582 |
Note: According to DSW's 2019 audited financial statements, the organization received in-kind contributions totaling $7,116,722) in the form of program services ($6,890,021) and services ($226,701).