Download - Dress for Success Crowdfunding
DRESS FOR SUCCESS
Crowdfunding TeamKsenia Kartamyshev, Anastasia Kolb, Alfonso
Bautista, Ann-Margaret Conca, Michael Xu, Chris Yang, Tearance Weakley, Michal Zajac
Background Dress for Success® is an international not-for-profit organization that
empowers women to achieve economic independenceHeadquarters are located in New York, New YorkStarted operations in 1996 by Nancy LublinMorris County office is run by 3 people and serves 10 counties:
Bergen - Essex -Hunterdon - Middlesex - Morris- Passaic - Somerset - Sussex - Union - Warren
Volunteers, donors, supporters provide a huge help to their office
Mission
Empower women to achieve economic independence Provide a network of supportProvide professional attire and development toolsHelp disadvantaged women thrive in work and in lifeVideo
“Thank you for not letting my past dictate my future.” -Deborah
On Location
boutique
ServicesSuiting Program
Career Center
Professional Women’s Group
Going Places Network presented by Walmart Foundation
Foundations of Success Workshops
Cause for Choosing Dress for Success Fashion- and Business-related at the same time
Donation-Based CrowdfundingAlmost each woman can find the clothes in her closet that could be donated
Improves the sense of well being
Physical, mental and social benefits from volunteering for a great cause
Inform others about issues of social injustice
Donations are tax deductible (provides tax forms)
StatisticsWorldwide Dress for Success has expanded to almost 145 cities in
20 countries
Has helped more than 850,000 women work towards self-sufficiency
DFS Morris County Served over 1,100 women in 2015; approximately 600 were reached by Mobile Program
Many are single mothers supporting an entire household
Referred by over 100 local agencies including Homeless Solutions, Jersey Battered Women's Service and Workforce NJ
Each woman gets $1,000 worth of clothes to start a professional wardrobe
Evaluating Charities : Why Dress for Success Key Metrics :
● Fundraising Efficiency
● Administrative Expenses
● Government Grants
Goodwill Rescue Mission
Goodwill Industries of Greater New York & Northern New Jersey
Dress For Success Worldwide
Individual Roles● KSENIA
○ Establishing Contacts ● ANASTASIA and ANN-
MARGARET
○ Marketing/Branding● TEARANCE
○ Accounting & Financing
● ALFONSO
○ Supply Chain Manager● MICHAL
○ Project Manager● CHRIS and MICHAEL
○ Public Relations
Donation-Based Crowdfunding
“The way to source money for a project by asking a large number of contributors to donate a small amount to it” (Investopedia)
Activities for the Project● Got in touch with Dress For Success Morris County● Wrote a letter to give out to potential donors/stores● Stores we reached out to
○ Judy’s Group, Dressbarn, Target, Ann Taylor, White House/Black Market○ J-Crew, Forever 21, ShopLatitude, Marshall’s, Torrid, and Avenue○ Nordstrom, Bloomingdales, Macy's, JCPenny
Activities for the Project● Contacted OCM and set up a tabling event at RBS● Contacted Career Development Center for a
tabling event on main campus● Created a flyer/distributed it to potential donors● Advertised through clubs and faculty members
○ Alpfa, Supply Chain, Ascend, RU WIB, MMS, RAS, NABA● Donation drive with baked goods offered for
donations at RBS● Contacted professors to donate clothes
Suit Drive at RBSPictures from the Suit Drive at RBS!
04/18/16
Suit Drive Results10 Suits
13 Blazers
23 Blouses
13 Dresses
33 Skirts
10 Pants
4 Coats
1 Handbag
$108 in monetary Donations
Balance Sheet from IRS 990Assets 1-Jul-13 30-Jun-14 Change
Cash & Equivalents $209,678 $223,446 $13,768
Accounts Receivable 5,000 0 (5,000)
Inventories for Sale or Us 56,757 59,835 3,078
Total Assets $271,435 $283,281 $11,146
Balance Sheet from IRS 990
Liabilities 1-Jul-13 30-Jun-14 Change
Accounts Payable $2,421 $3,121 $700
Total Liabilities 2,421 3,121 700
Fund Balance $269,014 $280,160 $11,146
Revenues● Assets $283,281
● Income $396,244
2015 (990) 2014 (990)
Contributions 412,469 $290,854
Government Grants 0 0
Program Services 17,917 16,183
Investments 0 459
Special Events (34,142) 31,622
Sales 0 0
Other 0 0
Total Revenue 396,244 339,118
Expenses● Expenses $327,972
● Liabilities $3,1212015 (990) 2014 (990)
Program Services $266,337 $273,662
Administration 30,397 31,035
Other 36,146 23,275
Total Expenses 332,870 327,972
Net Gain/Losses 63,374 11,146
www.guidestar.org
Money Raised/ExpensesCrowd Funding Team
Income Statement (Single Step)
Revenues:
Baked Goods Sold $108
Clothing Collected $1500
Total Revenue $1608
Expenses:
Cost of Baked Goods $55
Total Expenses ($55)
SummaryDress for Success is a not-for-profit organization that empowers
disadvantaged women to achieve economic independence
Our team worked to organize donation-based crowdfunding
Our team raised $108 during Suit Drive at RBS and gave donated clothes to DFS of Morris County ($1,500 value)
The list of contacts that we have established was forwarded to Dress for Success for future reference
Informed students/professors about great causes for donations to help disadvantaged women in getting a job
Thank You!Good morning Ksenia, Thank you so much for thinking of Dress for Success Morris County. We really appreciate everything you and your colleagues have done for us. We will stay in touch with the managers who’s contact you’ve provided and hopefully build a relationship with them. If there is ever anything you need from us, don’t hesitate to ask. Have a great day! Sincerely,Loraimy RodriguezBoutique Manager/Volunteer CoordinatorDress for Success Morris County25 Cook AvenueMadison, NJ 07940P:973-822-3188M:917-859-4226E: [email protected]
"The mission of Dress for Success is to empower womento achieve economic independence by providing a networkof support, professional attire and development tools to helpwomen thrive in work and in life."