COUNCIL OF FASHION DESIGNERS OF AMERICA INC Charity Report

Public IRS 990 nonprofit record

COUNCIL OF FASHION DESIGNERS OF AMERICA INC

EIN 13-6214741 · Community Improvement & Capacity Building (S41Z)

What they do

to FURTHER THE POSITION of FASHION DESIGN IN AMERICA AS A RECOGNIZED BRANCH of AMERICAN ART & CULTURE, to ADVANCE ARTISTIC, ETHICAL and PROFESSIONAL STANDARDS, and to PROMOTE and IMPROVE PUBLIC UNDERSTANDING and APPRECIATION of THE FASHION ARTS THROUGH GROUP LEADERSHIP IN QUALITY and TASTE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

0.34%of revenue went to fundraising0.2% of expenses

$123.41spent for every $100 of revenueSpending was higher than revenue this year.

$0.82in assets for every $1 spent this yearSome assets cannot be spent right away.

39.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $431,955 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $179,123 for STEVEN KOLB (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,387,627

Mission workProgram services0.00% of revenue0.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations$4,7000.34% of revenue0.2% of expenses

Total expenses$2,122,257152.94% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2021CurrentExpense mix: 0.0% mission · 0.0% management · 0.2% fundraisingTotal expenses: 152.94% of revenue

2020Expense mix: 0.0% mission · 0.0% management · 1.6% fundraisingTotal expenses: 128.95% of revenue

2019Expense mix: 0.0% mission · 0.0% management · 1.1% fundraisingTotal expenses: 193.34% of revenue

2017Expense mix: 0.0% mission · 0.0% management · 4.4% fundraisingTotal expenses: 132.78% of revenue

Money in and money out

Revenue$1,845,485

Expenses$2,277,440

Annual shortfall $431,955 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Fundraising$4,700 · 0.2% of expenses

See all reported dollar amounts

Revenue$1,845,485

Expenses$2,277,440

Assets$1,864,226

Income$2,380,517

Contributions$720,000

Fundraising$4,700

Stocks and bonds$944,408

Accounting fees$27,505

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

STEVEN KOLBCEO · 14 hrs/week $179,123Base $151,396 · Other $27,727

LISA ANNE SMILOREXECUTIVE VICE PRESIDENT · 14 hrs/week $124,294Base $98,450 · Other $25,844

SARA KOZOLWSKIVP OF PROGRAM STATEGIES · 14 hrs/week $89,234Base $66,325 · Other $22,909

ASHLEY M SANDALLDIRECTOR BUSINESS DEVELOPMENT · 14 hrs/week $89,017Base $65,805 · Other $23,212

MARC KARIMZADEHEDITORIAL & COMMUNICATION DIRECTOR · 14 hrs/week $86,423Base $63,788 · Other $22,635

SACHA ELYSE BROWNDIRECTOR OF PROFESSIONAL DEVELOPMENT · 14 hrs/week $72,539Base $51,533 · Other $21,006

JOHN DOYLE MONKHOUSEFINANCE MANAGER · 14 hrs/week $71,092Base $49,938 · Other $21,154

CASANDRA DIGGS TERM 124PRESIDENT · 14 hrs/week $10,198Base $8,288 · Other $1,910

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

STEVEN KOLBCEO

LISA ANNE SMILOREXECUTIVE VICE PRESIDENT

SARA KOZOLWSKIVP OF PROGRAM STATEGIES

ASHLEY M SANDALLDIRECTOR BUSINESS DEVELOPMENT

MARC KARIMZADEHEDITORIAL & COMMUNICATION DIRECTOR

SACHA ELYSE BROWNDIRECTOR OF PROFESSIONAL DEVELOPMENT

JOHN DOYLE MONKHOUSEFINANCE MANAGER

CASANDRA DIGGS TERM 124PRESIDENT

NORMA KAMALIBOARD MEMBER

VERA WANGBOARD MEMBER

TRACY REESEBOARD MEMBER

TORY BURCHBOARD MEMBER

TOMMY HILFIGERBOARD MEMBER

THOM BROWNEBOARD CHAIRMAN

STAN HERMANBOARD MEMBER

STACEY BENDET EISNERTREASURER

RALPH LAURENBOARD MEMBER

PRABAL GURUNGVICE CHAIR

MICHAEL KORSBOARD MEMBER

MARIA CORNEJOGENERAL SECRETARY

DIANE VON FURSTENBERGBOARD MEMBER

DAO-YI CHOWBOARD MEMBER

CARLY CUSHNIEBOARD MEMBER

BETHANN HARDISONBOARD MEMBER

AURORA JAMESVICE CHAIR

About this charity

Recognized since: January 1986
Location: 161 WATER ST 2404, NEW YORK, NY 10038-4972
County: New York
In care of: STEVEN KOLB
Primary officer: STEVEN KOLB, CEO

How to reach them

WebsiteVisit the charity’s website Phone(212) 768-5700 Officer phone(201) 302-1821

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: DORFMAN ABRAMS MUSIC LLC
NTEE classification: Community Improvement & Capacity Building (S41Z)