Working Wardrobe is a human services nonprofit based in High Point, NC, formed in 2024.
For fiscal year 2025 it reported $554K in revenue, $437K in expenses, and $182K in net assets.Pt I
Where the money goes · FY2025
Total revenue
$554K
Pt VIII · Ln 12
Total expenses
$437K
Pt IX · Ln 25
Net assets
$182K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $117K
Where spending went · Part IX cols B–D
88%
12%
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs
Operating runway
6.1mo
months of highly liquid reserves at operating expense rate▼ -35% vs prior filing year
Surplus margin
+21%
revenue over expenses, this year▼ -57% vs prior filing year
Summary of the Filing
Part I · fiscal year 2025 · Form 990
Revenue
$554K
FY2025▲ +318%
$554K$277K$0
FY2024FY2025
Total revenue
$554K
Pt VIII · Ln 12
Total expenses
$437K
Pt IX · Ln 25
Net assets
$182K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$117K
Total assetsPt X · Ln 16$182K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III
Where the work happens
1 program service account for $386K of program spending, described in the organization's own filed words · FY2025.
01
The primary goal of working wardrobe center is around combating clothing insecurity in the greater high point community by providing appropriate attire to both women and children. Women with access to appropriate professional attire are more likely to experience continued job security and success, as well as have the greater potential…
Sadie L Elder’s $100K as Executive Director
is at the 86th percentile of top reported officer pay among 2165 $100K–1M 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 · 1 named individual · Part VII
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.
Individual Sadie L Elder · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $100K · Total expenses $437K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $114K · Total expenses $437K
26%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
88%
—
—
Overhead ratio
12%
—
—
Revenue growth
318%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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