Dress for Success Wichita Inc

Nonprofit profile at a glance

EIN
481234631
IRS 990 coverage
2010–2020
Forms available
Form 990 2020
Location
Wichita, KS, USA
Phone
3162623960
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$126,696
Expenses
$141,243
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • STEPHANIE GASKILL-JAKUB (PRESIDENT)
  • ANDY MCFAYDEN (VICE PRESIDENT)
  • KARA KAUFFMAN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • KARA KAUFFMAN (EXECUTIVE DIRECTOR): $41,410 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of dress for success is to empower women to achieve economic independence by providing a network of support, professional attire and development tools to help women thrive in work and in life.

What it reported doing in 2020

Referral programs were established with other not-for-profit and governmental organizations. Approximately 204 clients are served annually. Service to clients included providing appropriate business clothing, as well as, ongoing support. Ongoing support provided by monthly professional women's group meetings (pwg meetings). The pwg meetings provide clients with dinner, a speaker and the opportunity to "shop" (at no cost) for additional clothing. Speakers volunteer from the community to speak on a range of topics; for example, creating resumes, interviewing, dealing with issues in the workplace, and an annual career fair. The number of clients who attend monthly pwg meeting averages between 20-25. Expenses are reported on the cash basis.

Operating model

Revenue model
Donor-supported. 87% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 11
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.7%; rating input score 65
  • Program expense ratio: 57.7%; rating input score 58
  • Fundraising efficiency: $3.42 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -11.5%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 29.3%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: -1.5% per year; rating input score 0; 40th percentile among comparable filings
  • Revenue growth: -6.3% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 64.7% of revenue deployed · 57.7% of spending went to programs
  • Governance: 16 of 16 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $82K in reported program spending
  • Leadership: top reported pay $41K · 17 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 11 filing years from 2010 to 2020
  • 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.

  • Review — Financial Efficiency: Program expense ratio scored 58/100.
  • High — Financial Efficiency: Fundraising efficiency scored 11/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 20/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.