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MODACARES FOUNDATION INC
BAYSIDE, NY · EIN 465741421 · Form 990 · FY2024 · NTEE Q33 · International Affairs · Small ($100K-$1M)
revenue
$247K
expenses
$246K
net assets
$1K
employees
0
program ratio
98%
mission · from form 990

TO SUPPORT THE UN SUSTAINABLE DEVELOPMENT GOALS, SUPPORT WOMEN OWNED SMALL BUSINESS THROUGH MENTORSHIP ON BRAND DEVELOPMENT , ENHANCE ECONOMIC DEVELOPMENT THROUGH PARTNERSHIPS AND VISIBILITY THROUGH EVENTS, MARKETING AND PUBLIC RELATIONS AS WELL AS EDUCATE AND PROVIDE ACCESS TO INNOVATIONS FOR GREENER SUPPLY CHAINS AND DAILY LIFESTYLE UTILIZING THE POWER OF FASHION AND THE CREATIVE ARTS.

profile · synthesized from sources

MODACARES FOUNDATION INC supports the UN Sustainable Development Goals with a focus on advancing women-owned small businesses through mentorship in brand development. The organization promotes economic development via partnerships, events, marketing, and public relations, leveraging fashion and the creative arts to drive sustainability. It also works to improve access to greener supply chains and eco-conscious lifestyles.

named programs · 3 · from sources

What they call their work

Creative Arts for Development
Utilizes fashion and the creative arts to promote economic development and support UN Sustainable Development Goals through events and PR campaigns
Green Supply Chain Access Initiative
Educates creatives and businesses on innovations for sustainable supply chains and eco-friendly daily lifestyles through workshops and resources
Women-Owned Business Mentorship
Provides brand development mentorship to women entrepreneurs in small businesses, focusing on visibility, market access, and sustainable practices
activities · 3 groups

What they do

  • Regional Economic Development Initiatives 1 activity
    • Economic development through strategic partnerships and marketing
      Advances economic development by fostering partnerships and organizing events, marketing initiatives, and public relations efforts to support community growth.
  • Sustainable Fashion & Textile Circularity 1 activity
    • Education and access to sustainable lifestyle innovations
      Provides education and access to innovations promoting greener supply chains and sustainable daily living, using fashion and the creative arts as engagement tools.
  • Startup Acceleration & Business Growth Support 1 activity
    • Mentorship for women-owned small businesses
      Provides mentorship to women-owned small businesses focused on brand development, supporting entrepreneurship and capacity building.
financials · form 990 · fy2024
revenue
Total revenue$247K
Contributions & grants$247K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$246K
Program expenses98%
Admin / overhead2%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$1K
Cash$1K
Investments$0
Liabilities$0
Net assets$1K
Liquid reserves0.1 mo
3 years on record · 2022–2024 · YoY revenue +0.4%
leadership · form 990 part vii · fy2024

Who runs it

board members · 1
  • EUGENIA EVANGELOU — DIRECTOR
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Creative Arts for Development
    methodology: creative-arts-for-development
    By leveraging fashion and creative arts, the organization advances sustainability, economic development, and women's entrepreneurship because artistic platforms engage communities in culturally resonant ways that foster innovation, visibility, and economic opportunity.