Overview
What is Bottomless Closet?
Bottomless Closet is a nonprofit organization situated in New York City, specifically at 1 WEST 34TH STREET 5TH FLOOR, NY 10001. The organization's primary mission is to alleviate the employment-related challenges faced by women in New York City. It achieves this goal through a comprehensive approach that includes providing high-quality interview attire, reviewing and preparing resumes, offering interview coaching, and delivering a broad curriculum focusing on professional development, financial management, and personal enrichment. This holistic approach aims to empower these women, helping them transition from unemployment and public assistance to successful professional lives. The organization boasts a dedicated team of nine individuals committed to this mission.
Official website here: www.bottomlesscloset.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
Bottomless Closet has received a high rating from Charity Navigator, showcasing its robust financial health and accountability. With a perfect score of 100 in Accountability & Finance, the organization maintains transparency and independence, having a board comprised entirely of independent members. Its program expense ratio of 74.88% indicates a strong commitment to its mission, reflecting that a substantial portion of its funds directly supports programs for women in need.
User reviews highlight the impactful services provided by Bottomless Closet, which include professional attire, resume assistance, and interview coaching. Many clients report significant improvements in confidence and preparedness for job interviews, attributing their success to the comprehensive support received from the organization. Volunteers also express deep satisfaction with their experiences, emphasizing the rewarding nature of helping women transform their lives and achieve financial independence.
While there are no notable limitations mentioned in the data, the organization continuously strives to innovate and adapt, especially during challenges like the COVID-19 pandemic. Bottomless Closet's commitment to its mission of empowering women resonates strongly with both clients and volunteers, reinforcing its status as a vital resource within the New York City community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Bottomless Closet legitimate?
Bottomless Closet is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bottomless Closet 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: $199,002
Professional Fundraising Fees: $0
Other Salaries and Wages: $453,318
For more financial information, click here
Official website here: www.bottomlesscloset.org
What is the mission statement of Bottomless Closet?
The mission of Bottomless Closet is to alleviate the challenges New York City women encounter in their job search. The organization strives to accomplish this by reducing barriers and providing ongoing support and education. This enables these women to acquire the necessary tools to excel in their professional lives. Bottomless Closet employs an innovative approach to workforce preparation, focusing on empowering disadvantaged women who are transitioning from unemployment and public assistance to employment.
Official website here: www.bottomlesscloset.org
Who is the CEO of Bottomless Closet?
Lisa Primeggia is the Chair of Bottomless Closet.
Official website here: www.bottomlesscloset.org
What is the revenue of Bottomless Closet?
Bottomless Closet's revenue in 2022 was $1,097,525.
Official website here: www.bottomlesscloset.org
Who are the executives of Bottomless Closet and what are their salaries?
The average compensation at Bottomless Closet during 2022 was $72,480. There are 9 employees and 131 volunteers at Bottomless Closet.
Here are 18 key members and their salaries:
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- Compensation: $191,078
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- Other: $7,924
Official website here: www.bottomlesscloset.org
Where can I find the form 990 for Bottomless Closet?
Bottomless Closet's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bottomlesscloset.org
Learn more at the official website: www.bottomlesscloset.org
Mission Statement of Bottomless Closet
Bottomless Closet, an organization based in New York City, is committed to reducing the barriers women in the city face when seeking employment. Its mission is multi-faceted, aiming not only to alleviate these employment-related challenges but also to provide ongoing support and education. By adopting an innovative approach to workforce preparation, Bottomless Closet assists disadvantaged women who are transitioning from unemployment and public assistance, equipping them with the necessary tools to succeed in their professional lives. The organization's efforts are geared towards empowering these women, enabling them to overcome the obstacles that may hinder their employment prospects and ultimately, thrive in their chosen careers.
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Impact
October, 2024
Bottomless Closet has a significant impact on the lives of women in New York City by addressing the barriers they face in securing employment. By providing high-quality interview attire, the organization helps boost confidence for job interviews, ensuring women present themselves professionally. Additionally, through resume review, preparation, and interview coaching, participants are better equipped to navigate the job market effectively.
The array of workshops covering professional development, financial management, and personal enrichment further enhances their skill sets, empowering them to succeed both in their careers and personal lives. This holistic approach not only aids women in transitioning from unemployment and public assistance to the workforce but also fosters ongoing support and education, enabling them to build sustainable, fulfilling careers. Overall, Bottomless Closet plays a crucial role in transforming the professional landscapes of disadvantaged women, contributing to their economic independence and personal growth.
This information is meant to be a general summary of Bottomless Closet. 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.
- Investment Income: -$208,645
- Gross Receipts: $2,818,586
Assets and Liabilities:
- Total Assets: $3,307,236
- Total Liabilities: $1,501,585
- Net Assets: $1,805,651
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Organization Details
Founding Year
1998
Phone
(212) 563-2499Principal Officer
Lisa Primeggia
Main Address
1 WEST 34TH STREET 5TH FLOOR, NEW YORK, NY, 10001
Website
www.bottomlesscloset.orgNTEE Category
Code: P50 - Human services
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