Civic Intelligence

Accessory Council Inc

990 • Fiscal year 2020 • EIN 06-1405246

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 02, 2021

Organization ProfileWWW.ACCESSORIESCOUNCIL.ORG
224 W 30th St No 201New York, NY 10001

(212) 947-1135

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.34x

Higher debt load relative to assets than 78% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

85th percentile

0.51x

Higher debt load relative to revenue than 85% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Net Margin

5th percentile

-43%

Higher net margin than 5% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

87th percentile

$154,200

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 40.3% of source-year revenue.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Asset Growth

35th percentile

0.2%

Faster asset growth than 35% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-76%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$581,892

Up $1,142 (+0.2%) from 2019

Net Assets

Down

$386,130

Down $163,537 (-30%) from 2019

Liabilities

Up

$195,762

Up $164,679 (+530%) from 2019

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin5th percentile

Revenue

Down

$382,601

Down $1,226,198 (-76%) from 2019

Expenses

Down

$546,138

Down $1,047,840 (-66%) from 2019

Net Income

Down

-$163,537

Down $178,358 (-1203%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $465,132Liabilities 2010: $25,135Net Assets 2010: $439,9972010Assets 2011: $594,739Liabilities 2011: $199,953Net Assets 2011: $394,7862011Assets 2012: $340,488Liabilities 2012: $17,011Net Assets 2012: $323,4772012Assets 2013: $310,001Liabilities 2013: $4,592Net Assets 2013: $305,4092013Assets 2014: $339,843Liabilities 2014: $22,322Net Assets 2014: $317,5212014Assets 2015: $398,637Liabilities 2015: $45,725Net Assets 2015: $352,9122015Assets 2016: $467,190Liabilities 2016: $54,281Net Assets 2016: $412,9092016Assets 2017: $496,949Liabilities 2017: $55,046Net Assets 2017: $441,9032017Assets 2018: $559,720Liabilities 2018: $24,874Net Assets 2018: $534,8462018Assets 2019: $580,750Liabilities 2019: $31,083Net Assets 2019: $549,6672019Assets 2020: $581,892Liabilities 2020: $195,762Net Assets 2020: $386,1302020Assets 2021: $693,203Liabilities 2021: $234,354Net Assets 2021: $458,8492021Assets 2022: $688,568Liabilities 2022: $168,805Net Assets 2022: $519,7632022Assets 2023: $493,353Liabilities 2023: $188,409Net Assets 2023: $304,9442023Assets 2024: $412,101Liabilities 2024: $157,387Net Assets 2024: $254,7142024

Highlighted filing

2020

Assets$581,892
Liabilities$195,762
Net Assets$386,130
Open 2020 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $856,4312010Revenue 2011: $866,897Expenses 2011: $912,108Net Income 2011: -$45,2112011Expenses 2012: $1,211,4962012Revenue 2013: $1,042,025Expenses 2013: $1,060,094Net Income 2013: -$18,0692013Revenue 2014: $1,143,775Expenses 2014: $1,131,663Net Income 2014: $12,1122014Revenue 2015: $1,205,698Expenses 2015: $1,170,307Net Income 2015: $35,3912015Revenue 2016: $1,312,440Expenses 2016: $1,252,443Net Income 2016: $59,9972016Revenue 2017: $1,263,097Expenses 2017: $1,233,425Net Income 2017: $29,6722017Revenue 2018: $1,492,946Expenses 2018: $1,400,014Net Income 2018: $92,9322018Revenue 2019: $1,608,799Expenses 2019: $1,593,978Net Income 2019: $14,8212019Revenue 2020: $382,601Expenses 2020: $546,138Net Income 2020: -$163,5372020Revenue 2021: $1,269,886Expenses 2021: $1,197,167Net Income 2021: $72,7192021Revenue 2022: $1,397,399Expenses 2022: $1,336,485Net Income 2022: $60,9142022Revenue 2023: $1,273,020Expenses 2023: $1,487,524Net Income 2023: -$214,5042023Revenue 2024: $1,768,972Expenses 2024: $1,819,202Net Income 2024: -$50,2302024

Highlighted filing

2020

Revenue$382,601
Expenses$546,138
Net Income-$163,537
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 2, 2021
Return Version
2020v4.1
Gross Receipts
$382,601
Mission and Program Overview

Mission

The mission of the accessory council is to stimulate consumer awareness, educate the industry and stimulate the demand for fashion. The accessory council also serves as an advocate for the industry.

The mission of the accessory council is to stimulate consumer and retailer awareness of accessories and to serve as a forum for the exchange of ideas and information about the accessories industry and to serve as an advocate for the industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$244,059$251,324▲ $7,265
Savings and Temporary Cash Investments$248,245$248,600▲ $355
Prepaid Expenses and Deferred Charges$46,660$33,531▼ $13,129
Accounts Receivable$16,804$26,050▲ $9,246
Land, Buildings, and Equipment, Net$18,382$15,787▼ $2,595
Total Assets$580,750$581,892▲ $1,142
Other Assets Total$6,600$6,600→ $0
Liabilities
Other Liabilities$0$150,000▲ $150,000
Deferred Revenue$26,257$41,500▲ $15,243
Accounts Payable and Accrued Expenses$4,826$4,262▼ $564
Total Liabilities$31,083$195,762▲ $164,679
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$549,667$386,130▼ $163,537
Total Net Assets Fund Balance$549,667$386,130▼ $163,537
Total Liabilities and Net Assets / Fund Balance$580,750$581,892▲ $1,142

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$15,787$13,586$29,373
Equipment$0$5,857$5,857
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Karen GibersonPresidentFT$154,200$154,200

Board Members and Trustees

NameTitle
Frank ZambrelliChairman
Mary BelleVice-chairman
Alessandro MarianiBoard of Directors
Beth GoldsteinBoard of Directors
Brett FialkoffBoard of Directors
Bruna Sumberac ManeyBoard of Directors
Carol HochmanBoard of Directors
David Vander SchaafBoard of Directors
Drew PizzoBoard of Directors
Fran LukasBoard of Directors
Irene FitzgeraldBoard of Directors
Janice WinterBoard of Directors
Jay LakhaniBoard of Directors
Jay SchmidtBoard of Directors
Jennifer McguireBoard of Directors
Jodi RoseBoard of Directors
Julie BrowneBoard of Directors
Kate FalchiBoard of Directors
Kevin KorneyBoard of Directors
Lela KatsuneBoard of Directors
Lisa MorrisseyBoard of Directors
Livia MarottaBoard of Directors
Marisa Galante FrankBoard of Directors
Mark GinsbergBoard of Directors
Marshall CheekBoard of Directors
Melissa LawrenceBoard of Directors
Monica Rich KosannBoard of Directors
Patty LetoBoard of Directors
Rebecca MinkoffBoard of Directors
Sally AlexBoard of Directors
Sloan TichnerBoard of Directors
Stephen BurbgidgeBoard of Directors
Steven RobertsBoard of Directors
Thomas BurkhardtBoard of Directors
Victoria HallbergBoard of Directors
Wendy HautmanBoard of Directors
Lynette Harrison BrubakerSecretary
Gabriel Alvarez JacoboTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$382,126
Investment Income
$475
Other Revenue
$0
Change in Net Assets
$-163,537
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$368,866
Other Expenses$177,272
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons-$188,130-$188,130
Current Officers, Directors, Trustees, and Key Employees-$154,200-$154,200
Payroll Taxes-$26,536-$26,536
Occupancy-$24,931-$24,931
Fees for Services Accounting-$22,188-$22,188
Fees for Services Other-$14,432-$14,432
All Other Expenses-$13,841-$13,841
Fees for Services Lobbying-$12,050-$12,050
Insurance-$9,682-$9,682
Travel-$6,857-$6,857
Other Expenses$53,815$4,263-$4,263
Depreciation Depletion-$2,717-$2,717
Advertising-$1,256-$1,256
Office Expenses-$854-$854
Total Functional Expenses$53,815$492,323$0$546,138
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Eidl Loan$150,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The board treasurer and president review the 990 prior to the treasurer signing the return. It will be reviewed with the executive committee thereafter. Form 990, part vi, section b, line 12: the council is a small not for profit. As such a conflict of interest policy is deemed unnecessary.”

Form 990, Part VI, Section B, Line 15

“The accessory council has only one paid officer. The compensation of the officer was determined by the executive committee of the board applicable to the industry and the position maintained.”

Form 990, Part VI, Section C, Line 19

“All financial documents are held at the accessory council's main office and are available for review upon request.”

Filing and Contact Details

Filer

Filer Name
Accessory Council Inc
EIN
06-1405246
Phone
2129471135
Address
224 W 30TH ST NO 201, NEW YORK, NY 10001

Signing Officer

Name
Gabriel Jacobo
Title
Treasurer
Phone
2129471135
Signed
2021-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gabriel Jacobo
Formed
1994
Legal Domicile
Ny
Voting Board Members
39
Independent Board Members
38
Employees
8
Volunteers
0

Preparer

Firm
Raich Ende Malter & Co Llp
Address
1375 BROADWAY, NEW YORK, NY 10018
Preparer
Barry Wechsler
Phone
2129444433
Raw XML AppendixShowing 400 of 609 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm28SALLY ALEX
IRS990/Form990PartVIISectionAGrp/PersonNm29SLOAN TICHNER
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IRS990/Form990PartVIISectionAGrp/PersonNm31THOMAS BURKHARDT
IRS990/Form990PartVIISectionAGrp/PersonNm32VICTORIA HALLBERG
IRS990/Form990PartVIISectionAGrp/PersonNm33CAROL HOCHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm34JODI ROSE
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IRS990/Form990PartVIISectionAGrp/PersonNm36LIVIA MAROTTA
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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt29BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt30BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt31BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt32BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt33BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt34BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt35BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt36BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt37BOARD OF DIRECTORS
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IRS990/MissionDesc0THE MISSION OF THE ACCESSORY COUNCIL IS TO STIMULATE CONSUMER AWARENESS, EDUCATE THE INDUSTRY AND STIMULATE THE DEMAND FOR FASHION. THE ACCESSORY COUNCIL ALSO SERVES AS AN ADVOCATE FOR THE INDUSTRY.
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Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$581,892
Liabilities
$195,762
Net assets
$386,130
Revenue
$382,601
Expenses
$546,138
Net income
-$163,537
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.16$0.25$1.77$1.82$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.49$0.19$0.30$1.27$1.49$0.21
2022Detailed filing. Detailed filing data is available for this year.$0.69$0.17$0.52$1.40$1.34$0.06
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.69$0.23$0.46$1.27$1.20$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.58$0.20$0.39$0.38$0.55$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.03$0.55$1.61$1.59$0.01
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.56$0.02$0.53$1.49$1.40$0.09
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.50$0.06$0.44$1.26$1.23$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.05$0.41$1.31$1.25$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.05$0.35$1.21$1.17$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.02$0.32$1.14$1.13$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$1.04$1.06$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.02$0.32$1.21
2011Summary only. Only limited summary data is available for this year.$0.59$0.20$0.39$0.87$0.91$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.03$0.44$0.86