Dress For Success Columbus
Dress For Success Columbus maintains strong financial health with growing assets and zero reported officer compensation.
EIN: 205112085 · Columbus, OH · NTEE: J200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.7M |
| Program Spending | 85% |
| Net Assets | $1.3M |
| Transparency Score | 92/100 |
Is Dress For Success Columbus Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dress For Success Columbus directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dress For Success Columbus
Dress For Success Columbus (EIN: 205112085) is a nonprofit organization based in Columbus, OH, classified under NTEE code J200. The organization reported total revenue of $1.9M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dress For Success Columbus's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dress For Success Columbus is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$325K |
| Total Assets | $1.3M |
| Total Liabilities | $5K |
| Net Assets | $1.3M |
| Operating Margin | 16.4% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 9.3 months |
Financial Health Grade: A
In 2023, Dress For Success Columbus reported a surplus of $325K with revenue exceeding expenses, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Dress For Success Columbus's revenue has grown at a compound annual growth rate (CAGR) of 15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +96.6% | +51.5% | +32.8% |
| 2022 | -32.1% | -13.2% | -7.4% |
| 2021 | -22.1% | -26.9% | +16.8% |
| 2020 | +8.9% | +16.5% | +38.0% |
| 2019 | +36.7% | +23.8% | +67.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Dress For Success Columbus with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Dress For Success Columbus allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $325K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Dress For Success Columbus consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and revenue, suggesting a volunteer-led executive structure or compensation is categorized differently.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Dress For Success Columbus's IRS 990 filings:
- Unusually low liabilities for an organization of this size, which could indicate aggressive cash management or a unique operational model.
- Consistent 0% officer compensation, which, while positive for mission spending, is atypical for an organization with nearly $2 million in annual revenue and could warrant further inquiry into executive structure and compensation practices.
Strengths
The following positive indicators were identified for Dress For Success Columbus:
- Strong and consistent asset growth, from $232,688 in 201612 to $1,288,931 in 202312, indicating increasing financial capacity.
- Excellent liability management, with very low reported liabilities (e.g., $4,747 in 202312).
- Consistent revenue generation, with the latest reported revenue at $1,982,044.
- Positive net income in most years, contributing to asset accumulation (e.g., $325,065 surplus in 202312).
- High transparency indicated by consistent IRS 990 filings and zero reported officer compensation.
Frequently Asked Questions about Dress For Success Columbus
Is Dress For Success Columbus a legitimate charity?
Based on AI analysis of IRS 990 filings, Dress For Success Columbus (EIN: 205112085) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Dress For Success Columbus spend its money?
Dress For Success Columbus directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dress For Success Columbus tax-deductible?
Dress For Success Columbus is registered as a tax-exempt nonprofit (EIN: 205112085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Dress For Success Columbus's spending goes to programs?
Dress For Success Columbus directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Dress For Success Columbus compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Dress For Success Columbus is above average for NTEE category J200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dress For Success Columbus located?
Dress For Success Columbus is headquartered in Columbus, Ohio and files with the IRS under EIN 205112085. It is classified under NTEE code J200.
How many years of IRS 990 filings does Dress For Success Columbus have?
Dress For Success Columbus has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.9M in total revenue.
Is Dress For Success Columbus financially stable?
Yes, Dress For Success Columbus appears financially stable. Its assets have grown significantly from $232,688 in 201612 to $1,288,931 in 202312, and it consistently generates revenue surpluses, such as the $325,065 surplus in 202312 ($1,982,044 revenue - $1,656,979 expenses).
How does Dress For Success Columbus manage its liabilities?
The organization manages its liabilities very effectively. Liabilities have consistently remained very low, for example, only $4,747 in 202312, indicating strong financial control and minimal debt.
Does Dress For Success Columbus pay its officers?
Based on the provided IRS 990 data, Dress For Success Columbus reports 0% officer compensation across all available filings, suggesting that officers are either unpaid volunteers or their compensation is not reported under this category.
Has Dress For Success Columbus's revenue been consistent?
Revenue has fluctuated but generally shown strong performance, ranging from $1,008,372 in 202212 to $1,982,044 in 202312, demonstrating a capacity to attract significant funding.
Filing History
IRS 990 filing history for Dress For Success Columbus showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Dress For Success Columbus's revenue has grown by 471.6%, moving from $347K to $2.0M. Total assets increased by 1067.6% over the same period, from $110K to $1.3M. Total functional expenses rose by 471.3%, from $290K to $1.7M. In its most recent filing year (2023), Dress For Success Columbus reported a surplus of $325K, with revenue exceeding expenses. The organization holds $5K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.7M | $1.3M | $5K | — | — |
| 2022 | $1.0M | $1.1M | $970K | $11K | — | View 990 |
| 2021 | $1.5M | $1.3M | $1.0M | $4K | — | View 990 |
| 2020 | $1.9M | $1.7M | $897K | $77K | — | View 990 |
| 2019 | $1.8M | $1.5M | $650K | $12K | — | View 990 |
| 2018 | $1.3M | $1.2M | $388K | $21K | — | View 990 |
| 2017 | $1.3M | $1.3M | $284K | $3K | — | View 990 |
| 2016 | $1.3M | $1.4M | $233K | $4K | — | View 990 |
| 2015 | $1.6M | $1.8M | $333K | $3K | — | View 990 |
| 2014 | $1.3M | $1.1M | $495K | $5K | — | View 990 |
| 2013 | $843K | $671K | $280K | $3K | — | View 990 |
| 2012 | $566K | $554K | $109K | $4K | — | View 990 |
| 2011 | $347K | $290K | $110K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.7M, and assets of $1.3M (revenue +96.6% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.1M, and assets of $970K (revenue -32.1% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.3M, and assets of $1.0M (revenue -22.1% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.7M, and assets of $897K (revenue +8.9% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.5M, and assets of $650K (revenue +36.7% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $388K (revenue -3.3% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $284K (revenue +1.7% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $233K (revenue -19.4% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.8M, and assets of $333K (revenue +26.2% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.1M, and assets of $495K (revenue +51.9% year-over-year).
- 2013: Revenue of $843K, expenses of $671K, and assets of $280K (revenue +48.9% year-over-year).
- 2012: Revenue of $566K, expenses of $554K, and assets of $109K (revenue +63.4% year-over-year).
- 2011: Revenue of $347K, expenses of $290K, and assets of $110K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dress For Success Columbus:
Data Sources and Methodology
This transparency report for Dress For Success Columbus is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.