Overview
What is 4th Street Basement Boutique?
4th Street Basement Boutique, now operating as Portaluca, is a nonprofit initiative established in 2002. Its primary objective is to offer affordable clothing to women with lower income levels. Initially, the boutique served as an outlet for excess or unsuitable attire donated to Dress for Success Cincinnati (DFSC), providing additional resources to DFSC clients and the public. In 2014, the boutique transformed into Portaluca, selling both new and gently used women's clothing, shoes, and accessories at affordable prices. Weekly specials, designer showcases, warehouse sales, and a friendly team of staff and volunteers make Portaluca an attractive shopping destination. The COVID-19 pandemic and subsequent forced relocation in 2021 impacted Portaluca's operations, but in 2022, it resumed transferring profits to DFSC, helping to reimburse accrued expenses.
Official website here: www.portaluca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating).
4th Street Basement Boutique has achieved an impressive Four-Star rating from Charity Navigator, reflecting its outstanding performance in accountability and finance. The charity scored exceptionally well across various metrics, notably with a perfect score in board independence and fiscal responsibility. This high rating indicates a strong commitment to transparency and effective management practices.
The organization features an entirely independent board, emphasizing its governance strength, and has no material diversion of assets. Furthermore, it maintains comprehensive policies, including conflict of interest and whistleblower policies, showcasing its dedication to ethical operations. The program expense ratio of 80.16% suggests that a significant portion of its funding is directed towards its programs rather than administrative costs.
While the data highlights numerous strengths, the analysis lacks detailed insights into specific program outcomes or community impact. Nonetheless, the overall financial integrity and governance practices position 4th Street Basement Boutique as a reliable nonprofit with a strong framework for accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about 4th Street Basement Boutique?
84% of 24 reviewers on Facebook recommend 4th Street Basement Boutique. Here is a summary of their reviews:
Many patrons express appreciation for the boutique's selection of pre-owned women's clothing, highlighting it as a fantastic spot to find unique items. Reviewers also praise the charitable aspect of the store, specifically its support for the Dress for Success initiative, which adds a meaningful dimension to their shopping experience.
Overall, customers are satisfied with the offerings at the boutique, noting that shopping there does not just provide them with affordable clothing options but also contributes positively to the community.
This AI summary has been generated from reviews found on Facebook.
Is 4th Street Basement Boutique legitimate?
4th Street Basement Boutique is a legitimate nonprofit organization registered as a 501(c)(3) entity. 4th Street Basement Boutique submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $10,652
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,605
For more financial information, click here
Official website here: www.portaluca.org
What is the mission statement of 4th Street Basement Boutique?
The mission of 4th Street Basement Boutique, known as Portaluca after 2014, is centered around providing affordable clothing to women with lower income levels. Originating as an outlet for surplus donations to Dress for Success Cincinnati, it also served to support their mission of empowering women to achieve economic independence. The boutique offers a selection of new and gently used women's clothing, shoes, and accessories at affordable prices, featuring weekly specials, designer showcases, and warehouse sales. Due to the impact of the COVID-19 public health crisis and a subsequent relocation, the boutique was unable to transfer proceeds to Dress for Success Cincinnati in 2020. However, it managed to reimburse them for accrued expenses in 2021 and resumed transferring sales proceeds to the organization in 2022.
Official website here: www.portaluca.org
Who is the CEO of 4th Street Basement Boutique?
Sue Grathwohl Exited 112022 is the Treasurer of 4th Street Basement Boutique.
Official website here: www.portaluca.org
What is the revenue of 4th Street Basement Boutique?
4th Street Basement Boutique's revenue in 2022 was $83,943.
Official website here: www.portaluca.org
Who are the executives of 4th Street Basement Boutique and what are their salaries?
There 40 volunteers at 4th Street Basement Boutique.
Here are 34 key members and their salaries:
- Compensation: $10,652
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Official website here: www.portaluca.org
Where can I find the form 990 for 4th Street Basement Boutique?
4th Street Basement Boutique's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.portaluca.org
Learn more at the official website: www.portaluca.org
Mission Statement of 4th Street Basement Boutique
4th Street Basement Boutique, also known as Portaluca, is a mission-driven organization dedicated to providing affordable clothing to women with lower income levels. Established in 2002, its initial purpose was to serve as an outlet for excess attire donated to Dress for Success Cincinnati (DFSC) that was not suitable for the organization's StyleHER (formerly Suiting) program. Beyond offering additional clothing options to DFSC clients and the public, 4th Street Basement Boutique also contributed to generating revenue for DFSC's initiatives, supporting its mission to empower women to achieve economic independence.
The boutique, now operating as Portaluca, offers a selection of new and gently used women's clothing, shoes, and accessories at affordable prices. Weekly specials, designer showcases, warehouse sales, and friendly staff and volunteers contribute to making Portaluca an appealing shopping destination. The organization's operations, however, experienced significant impacts due to the COVID-19 public health crisis beginning in 2020, leading to a halt in proceeds transfers to DFSC. By 2021, Portaluca managed to recover sufficiently to reimburse DFSC for accrued expenses, including rental costs. In 2022, the boutique resumed its practice of transferring proceeds from sales to DFSC, continuing to support the organization's mission to empower women to thrive in their professional and personal lives.
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Impact
October, 2024
4th Street Basement Boutique, operating as Portaluca, has made a significant impact on the Cincinnati community by addressing the pressing need for affordable clothing among women with lower incomes. Since its inception in 2002, the boutique has served as an essential resource, offering new and gently used women's apparel, shoes, and accessories at accessible prices. This initiative not only provides economical options for women in need but also complements the mission of Dress for Success Cincinnati, which focuses on empowering women to achieve economic independence.
By taking in donations that are unsuitable for Dress for Success's core programs, Portaluca has created a sustainable cycle of support, ensuring that excess inventory still benefits the community. This approach has allowed the boutique to generate revenue that directly supports programs aimed at providing women with professional attire and development tools. Events such as weekly specials, designer showcases, and warehouse sales enhance the shopping experience while fostering a strong sense of community.
Although faced with challenges during the COVID-19 pandemic and a subsequent relocation, Portaluca demonstrated resilience. Following its recovery, the boutique resumed financial support to Dress for Success Cincinnati, ensuring that the mission of empowerment and independence continues to thrive. The visibility and operations of Portaluca have grown more robust, reinforcing its role in providing not just clothing, but also hope and opportunity for women in Cincinnati.
This information is meant to be a general summary of 4th Street Basement Boutique. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $141,037
Assets and Liabilities:
- Total Assets: $117,978
- Total Liabilities: $15,974
- Net Assets: $102,004
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Organization Details
Founding Year
2002
Phone
(513) 651-3372Principal Officer
Sue Grathwohl Exited 112022
Main Address
4623 Wesley Avenue Ste I, Cincinnati, OH, 45212
Website
www.portaluca.orgNTEE Category
Code: P60 - Human services
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