Beautyunited
Nonprofit profile at a glance
- EIN
- 883011184
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Pasadena, CA, USA
- Phone
- 3105547313
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Employment N.E.C.
Reported finances
- Revenue
- $51,000
- Expenses
- $93,963
- Assets
- $13,764
- Liabilities
- $1,699
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- AUDREY SACCONE (CEO, BOARD M)
People named in this filing
- AUDREY SACCONE (CEO, BOARD M)
- AMANDINA ALTOMARE (SECRETARY, B)
- ASHLI POLLARD (CFO, BOARD M)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The beauty and wellness industry has the power to transform how people see and feel about themselves. Beautyunited is a coalition of leaders - founders of cult brands, senior executives and industry heavyweights who drive innovation and creativity through new models of leadership. Mobilized by beautyuniteds powerful network of brands, celebrities and influencers, and loyal consumers, our programs provide education and access to serve the next generation of beauty leaders.
What it reported doing in 2024
Beautyunited launched the beautyunited fellowship in april 2023. The beautyunited fellowship is a year-long cohort initiative for bipoc and latinx leaders who are determined, driven and motivated to create change from within the beauty and wellness industry. With a focus on both entrepreneurial and intrapreneurial skills, this fellowship helped fellows dive deep into the issues people of color face in the industry and support them with the tools and access they need to continue to get ahead. As beauty and wellness are aggressively working to broaden products to suit all customers and to create more inclusive messaging, an essential element in capturing that market share requires a new take on investing in and training leaders from these underrepresented communities.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 93
- Sustainability: 17
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 80.5%; rating input score 80
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 3rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -84.2%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -84.9% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -115.2% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 80.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $76K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 9/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.