Civic Intelligence

The Fashion Service Network Inc

EIN 01-0709225 • 501(c)6 • Tarrytown, NY

Profile

To assist and improve new york city and new york state fashion industry by the dissemination of information as to the current art and science of the industry and the interested general public.

C/O Dhs 200 White Plains RdTarrytown, NY 10591

www.fashionservicenetwork.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.86x

Higher debt load relative to assets than 93% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

0.55x

Higher debt load relative to revenue than 93% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Source year 2024

Net Margin

20th percentile

-18%

Higher net margin than 20% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Source year 2024

Top Officer Pay

92nd percentile

$36,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 69.9% of source-year revenue.

NTEE S41 • <$500k nonprofits • Source year 2024

Asset Growth

94th percentile

132%

Faster asset growth than 94% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

-1.4%

Faster revenue growth than 46% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$32,952

Up $18,737 (+132%) from 2023

Liabilities

Up

$28,251

Up $28,251 from 2023

Net Assets

Down

$4,701

Down $9,514 (-67%) from 2023

Revenue

Down

$51,500

Down $750 (-1.4%) from 2023

Expenses

Up

$61,014

Up $3,480 (+6.0%) from 2023

Net Income

Down

-$9,514

Down $4,230 (-80%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2017: $23,432Liabilities 2017: $6,500Net Assets 2017: $16,9322017Assets 2018: $16,454Liabilities 2018: $6,300Net Assets 2018: $10,1542018Assets 2019: $6,212Liabilities 2019: $480Net Assets 2019: $5,7322019Assets 2020: $27,050Liabilities 2020: $3,000Net Assets 2020: $24,0502020Assets 2021: $19,334Liabilities 2021: $0Net Assets 2021: $19,3342021Assets 2022: $37,649Liabilities 2022: $18,150Net Assets 2022: $19,4992022Assets 2023: $14,215Liabilities 2023: $0Net Assets 2023: $14,2152023Assets 2024: $32,952Liabilities 2024: $28,251Net Assets 2024: $4,7012024

Highlighted filing

2024

Assets$32,952
Liabilities$28,251
Net Assets$4,701

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2017: $53,000Expenses 2017: $51,084Net Income 2017: $1,9162017Revenue 2018: $54,000Expenses 2018: $60,778Net Income 2018: -$6,7782018Revenue 2019: $48,450Expenses 2019: $52,872Net Income 2019: -$4,4222019Revenue 2020: $57,000Expenses 2020: $38,682Net Income 2020: $18,3182020Revenue 2021: $49,500Expenses 2021: $54,214Net Income 2021: -$4,7142021Revenue 2022: $53,625Expenses 2022: $53,460Net Income 2022: $1652022Revenue 2023: $52,250Expenses 2023: $57,534Net Income 2023: -$5,2842023Revenue 2024: $51,500Expenses 2024: $61,014Net Income 2024: -$9,5142024

Highlighted filing

2024

Revenue$51,500
Expenses$61,014
Net Income-$9,514

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2024
Return Version
2024v5.0
Gross Receipts
$51,500
Mission and Program Overview

Mission

To assist and improve new york city and new york state fashion industry by the dissemination of information as to the current art and science of the industry and the interested general public.

Program Services

DescriptionGrantsExpenses
MEMBERSHIP DUES RECEIVED AND EXPENSES INCURRED TO CARRY OUT EXEMPT PURPOSE.--
MEMBERSHIP DUES RECEIVED AND EXPENSES INCURRED TO CARRY.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ABRAHAM BEYDAManagerPT$36,000-$36,000
Filing and Contact Details

Filer

Filer Name
The Fashion Service Network Inc
EIN
01-0709225
Phone
9143660066
Address
C/O DHS 200 WHITE PLAINS RD, TARRYTOWN, NY 10591

Signing Officer

Name
Abraham Beyda
Title
Manager
Phone
2128427012
Signed
2024-05-13

Preparer

Firm
Dhs & Company Inc
Address
200 WHITE PLAINS RD, TARRYTOWN, NY 10591-5804
Preparer
David Sorblum CPA
Phone
9143660066
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses meals expense 6,001 travel 141 networking events 10,710 insurance 878 scholarships 6,000 total 23,730

Form 990-ez, Part II, Line 24

Accounts receivable 2,250 0 prepaid expenses 878 878 total 3,128 878

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 6,001 receivable 0 22,250

Form 990-ez, Part III

To assist and improve new york city and new york state fashion industry by the dissemination of information as to the current art and science of the industry and the interested general public.

Form 990-ez, Part III, Line 31

Membership dues received and expenses incurred to carry.

Raw XML Appendix94 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAVID SORBLUM CPA
IRS990EZ/BooksInCareOfDetail/PhoneNum09143660066
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 WHITE PLAINS ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0TARRYTOWN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010591
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt011087
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt032074
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9514
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01284
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt014215
IRS990EZ/Form990TotalAssetsGrp/EOYAmt032952
IRS990EZ/GrossReceiptsAmt051500
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt051500
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt014215
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04701
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt014215
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04701
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt036000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ABRAHAM BEYDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MANAGER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03128
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0878
IRS990EZ/OtherExpensesTotalAmt023730
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ASSIST AND IMPROVE NEW YORK CITY AND NEW YORK STATE FASHION INDUSTRY BY THE DISSEMINATION OF INFORMATION AS TO THE CURRENT ART AND SCIENCE OF THE INDUSTRY AND THE INTERESTED GENERAL PUBLIC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MEMBERSHIP DUES RECEIVED AND EXPENSES INCURRED TO CARRY OUT EXEMPT PURPOSE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1MEMBERSHIP DUES RECEIVED AND EXPENSES INCURRED TO CARRY.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt036000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt028251
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt061014
IRS990EZ/TotalRevenueAmt051500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FASHIONSERVICENETWORK.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MEALS EXPENSE 6,001 TRAVEL 141 NETWORKING EVENTS 10,710 INSURANCE 878 SCHOLARSHIPS 6,000 TOTAL 23,730
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 2,250 0 PREPAID EXPENSES 878 878 TOTAL 3,128 878
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 6,001 RECEIVABLE 0 22,250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO ASSIST AND IMPROVE NEW YORK CITY AND NEW YORK STATE FASHION INDUSTRY BY THE DISSEMINATION OF INFORMATION AS TO THE CURRENT ART AND SCIENCE OF THE INDUSTRY AND THE INTERESTED GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERSHIP DUES RECEIVED AND EXPENSES INCURRED TO CARRY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ABRAHAM BEYDA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum02128427012
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE FASHION SERVICE NETWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0FASH
ReturnHeader/Filer/EIN0010709225
ReturnHeader/Filer/PhoneNum09143660066
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O DHS 200 WHITE PLAINS RD
ReturnHeader/Filer/USAddress/CityNm0TARRYTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010591
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0134065840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DHS & COMPANY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 WHITE PLAINS RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TARRYTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0105915804
ReturnHeader/PreparerPersonGrp/PhoneNum09143660066
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID SORBLUM CPA
ReturnHeader/ReturnTs02025-05-13T15:09:50-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits