Dress For Success Boston Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 448,345 | 431,827 | 16,518 | 19.0 | 54% |
| 2021 | 557,420 | 440,119 | 117,301 | 21.8 | 61% |
| 2022 | 409,206 | 528,781 | −119,575 | 15.4 | 51% |
| 2023 | 978,145 | 620,913 | 357,232 | 20.0 | 42% |
In its most recent public year (2023), this organization brought in $357,232 more than it spent. Its reserves stood at about 20 months of spending. Staff pay was 42% of spending. $60,493 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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