Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1999.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
73 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
20 people listed on the 990; $324K paid to officers and key staff.
Melissa Norden’s $212K as Executive Director is at the 92nd percentile of top reported officer pay among 3868 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Melissa Norden | $212,102 | $200,844 | $191,078 | $186,533 | $182,460 |
| Yvonne Cassidy | $111,531 | $107,281 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Helps New York City women overcome obstacles to finding jobs.
Questions for Bottomless Closet
Your first name shows with your question. Bottomless Closet answers here, for everyone.
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The main program offered by the organization includes the selection of high quality interview attire, resume REVIEW/PREPARATION and interview coaching as well as a broad workshop curriculum that promotes professional development, financial management and personal enrichment.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $118K | $203K |
| InvestmentsLn 11–13 | $2.0M | $2.5M |
| Land, buildings, equipmentLn 10c | $8K | $29K |
| Total assetsLn 16 | $3.6M | $4.0M |
| LiabilitiesLn 26 | $1.5M | $1.3M |
| Net assetsLn 32 | $2.1M | $2.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $224K | $169K | $11K | $44K |
| Other salaries and wagesLn 7 | $493K | $370K | $25K | $99K |
| Other employee benefitsLn 9 | $62K | $50K | $3K | $9K |
| Payroll taxesLn 10 | $66K | $53K | $3K | $10K |
| Accounting feesLn 11c | $63K | $63K | ||
| Professional fundraising feesLn 11e | $75K | $75K | ||
| Other fees for servicesLn 11g | $24K | $6K | $16K | $2K |
| Office expensesLn 13 | $7K | $4K | $3K | $914 |
| Information technologyLn 14 | $81K | $73K | $2K | $6K |
| OccupancyLn 16 | $280K | $277K | $1K | $1K |
| InsuranceLn 23 | $8K | $7K | $193 | $193 |
| Other expenses (24a–d)Ln 24 | $58K | $37K | $5K | $15K |
| All other expensesLn 24e | $5K | $5K | $256 | |
| Total functional expensesLn 25 | $1.4M | $1.0M | $133K | $263K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $1.7M | $1.4M | $271K | $2.7M | 990 PDF |
| FY2023 | $1.7M | $1.3M | $317K | $2.1M | 990 PDF |
| FY2022 | $1.1M | $1.4M | −$266K | $1.8M | 990 PDF |
| FY2021 | $1.5M | $1.2M | $240K | $2.0M | 990 PDF |
| FY2020 | $1.7M | $1.3M | $448K | $1.8M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $1,716,513 revenue, 12 lines filed
Part VI · Governance 18 of 18 board members independent, no flags
Part VIII · Statement of revenue $1,716,513 across 8 lines filed
Part IX · Statement of functional expenses $1,445,926 across 13 lines filed
Part X · Balance sheet $4,038,839 assets, 15 lines filed
Part XI · Reconciliation of net assets $2,692,680 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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