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Bound For Success Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850324100 ✦ Bernalillo, NM ✦ Designated as a 501(c)(3)

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Overview

What is Bound For Success Inc?

Bound For Success Inc is a compassionate nonprofit organization situated in Bernalillo, New Mexico. Its primary objective is to assist women and families who are in transition, with a particular focus on underprivileged minority females earning less than $12,000 annually. The organization's mission is to provide them with essential clothing items, extending a helping hand during challenging times.

Is Bound For Success Inc legitimate?

Bound For Success Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bound For Success Inc submitted a form 990EZ, 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Bound For Success Inc?

Bound for Success Inc is an organization that focuses on providing clothing assistance to women and families in transition, with a particular emphasis on minority females who earn less than $12,000 annually. The mission of Bound for Success Inc is to support these individuals by offering them necessary clothing, aiming to enhance their self-esteem and improve their overall living conditions. The organization's goal is to empower these women and families, thereby contributing to their social and economic advancement.

What is the revenue of Bound For Success Inc?

Bound For Success Inc's revenue in 2023 was $58,276.

Who are the executives of Bound For Success Inc and what are their salaries?

Here are 4 key members and their salaries:


Fawn Dolan (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Salazar (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Autumn Maulden (Sec/Treas-Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Kelsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Bound For Success Inc?

Bound For Success Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Bound For Success Inc

Bound For Success Inc is a nonprofit organization that is committed to providing clothing support for women and families in transition. With a focus on minority females who earn less than $12,000 annually, this organization aims to make a significant impact in their lives. The mission of Bound For Success Inc is to offer essential clothing items, helping these individuals navigate through their transition period with dignity and confidence. By addressing their clothing needs, the organization seeks to alleviate one of the many challenges that low-income families often face, thereby empowering them to focus on other aspects of their lives.

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Impact




October, 2024

Bound For Success Inc plays a crucial role in empowering women and families in transition, particularly targeting minority females who earn less than $12,000 a year. By providing essential clothing, the organization addresses a significant need within the community, helping individuals regain confidence and stability during challenging times. Located in Bernalillo, NM, Bound For Success fosters dignity and self-sufficiency by ensuring that those in need have access to appropriate attire. This support not only assists with immediate needs but also promotes a sense of belonging and encourages personal and professional development, ultimately contributing to a stronger community.




This information is meant to be a general summary of Bound For Success Inc. 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.

Revenue
$58,276 (2023)
Expenses
$66,167 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $8,848
  • Program Service Revenue: $8,528
  • Gross Receipts: $58,276

Assets and Liabilities:

  • Total Assets: $161,787
  • Total Liabilities: $25,996
  • Net Assets: $135,791

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Organization Details

Principal Officer

Fawn Dolan

NTEE Category

Code: P60 - Human services

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