Top Buttons Inc

Nonprofit profile at a glance

EIN
461366179
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-EZ 2016, Form 990-T 2024, Form 990-N 2015
Location
Lakeland, FL, USA
Phone
8635296043
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$981,432
Expenses
$1,082,302
Assets
$494,437
Liabilities
$321,381

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • JULIA GIVEN (VICE PRESIDENT)
  • SARAH POWERS (PRESIDENT & CEO)

Highest reported compensation

  • SARAH POWERS (PRESIDENT & CEO): $19,716 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Building self-esteem through fashion in young women. Through our online platforms, educational events, clothing boutique, and program for teens in need, top buttons empowers young women with the resources they need to present their best self to the world without compromise.

What it reported doing in 2024

We offer our wearing confidence program for young women between 11-25 years old within our top buttons boutique space in central Florida. Participants in this program must be nominated by a civic or religious organization targeting young women in need. Hundreds of young women nominated from organizations for at-risk teen girls (such as pace center for girls, heartland for children, girls inc, and boys and girls clubs of america) participate in our wearing confidence program receiving thousands of dollars in stylish and properly fitted attire. We are inspiring and equipping young women to present their best self on the job, at school and in life. (continued on schedule o)participants in this program receive:- educational sessions on topics such as "on the job attire," "cultural impact on clothing ethics," "understanding contextual modesty," "self-compassion, and "positive body image."- personal styling services- at least one wardrobe makeover with up to $100 of quality proper fitting attire - bonus vouchers to receive more clothing based on need- a top buttons t-shirt- a free hair-cut- skin care and makeup tutorial- free makeup which has been carefully selected for their skin tone- photoshoot with images to keep - ongoing mentorship

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 57% for direct work, and 43% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 89
  • Accountability: 79
  • Sustainability: 23
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.3%; rating input score 76
  • Program expense ratio: 77.3%; rating input score 77
  • Fundraising efficiency: $62.26 raised per $1 spent on fundraising; rating input score 81; 81st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.2%; rating input score 99; 48th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -10.3%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.65; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 1.8%; rating input score 59; 59th percentile among comparable filings

Growth

  • Program expense growth: 20.7% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 21.5% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 27.2% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 76.3% of revenue deployed · 77.3% of spending went to programs
  • Governance: 7 of 7 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $837K in reported program spending
  • Leadership: top reported pay $20K · 8 people listed
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes grants
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • 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 — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 17/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • Review — Sustainability: Officer compensation ratio scored 59/100.