Civic Intelligence

Soup or Socks Inc.

990EZ • Fiscal year 2023 • EIN 39-1740536

Nov 01, 2022 to Oct 31, 2023 • Filed on Feb 16, 2024

PO Box 146Marshfield, WI 54449

(715) 387-1796

Siviq Scores

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

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

20th percentile

-19%

Higher net margin than 20% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

30th percentile

-12%

Faster asset growth than 30% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

36th percentile

-7.1%

Faster revenue growth than 36% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$232,589

Down $31,124 (-12%) from 2022

Net Assets

Down

$229,097

Down $32,618 (-12%) from 2022

Liabilities

Up

$3,492

Up $1,494 (+75%) from 2022

Revenue

Down

$167,691

Down $12,856 (-7.1%) from 2022

Expenses

Up

$200,309

Up $44,536 (+29%) from 2022

Net Income

Down

-$32,618

Down $57,392 (-232%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $62,377Liabilities 2011: $0Net Assets 2011: $62,3772011Assets 2012: $76,682Liabilities 2012: $0Net Assets 2012: $76,6822012Assets 2013: $93,320Liabilities 2013: $0Net Assets 2013: $93,3202013Assets 2014: $89,844Liabilities 2014: $0Net Assets 2014: $89,8442014Assets 2015: $77,204Liabilities 2015: $0Net Assets 2015: $77,2042015Assets 2016: $73,895Liabilities 2016: $0Net Assets 2016: $73,8952016Assets 2017: $67,710Liabilities 2017: $1,838Net Assets 2017: $65,8722017Assets 2018: $64,382Liabilities 2018: $1,105Net Assets 2018: $63,2772018Assets 2019: $62,532Liabilities 2019: $1,145Net Assets 2019: $61,3872019Assets 2020: $170,320Liabilities 2020: $12,031Net Assets 2020: $158,2892020Assets 2021: $238,690Liabilities 2021: $1,749Net Assets 2021: $236,9412021Assets 2022: $263,713Liabilities 2022: $1,998Net Assets 2022: $261,7152022Assets 2023: $232,589Liabilities 2023: $3,492Net Assets 2023: $229,0972023Assets 2024: $235,752Liabilities 2024: $0Net Assets 2024: $235,7522024

Highlighted filing

2023

Assets$232,589
Liabilities$3,492
Net Assets$229,097

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $59,462Expenses 2011: $64,417Net Income 2011: -$4,9552011Revenue 2012: $84,445Expenses 2012: $70,140Net Income 2012: $14,3052012Revenue 2013: $92,695Expenses 2013: $76,057Net Income 2013: $16,6382013Revenue 2014: $88,037Expenses 2014: $91,513Net Income 2014: -$3,4762014Revenue 2015: $85,394Expenses 2015: $98,034Net Income 2015: -$12,6402015Revenue 2016: $84,862Expenses 2016: $88,171Net Income 2016: -$3,3092016Revenue 2017: $85,122Expenses 2017: $93,145Net Income 2017: -$8,0232017Revenue 2018: $103,899Expenses 2018: $106,494Net Income 2018: -$2,5952018Revenue 2019: $105,684Expenses 2019: $107,574Net Income 2019: -$1,8902019Revenue 2020: $244,934Expenses 2020: $148,032Net Income 2020: $96,9022020Revenue 2021: $217,086Expenses 2021: $149,034Net Income 2021: $68,0522021Revenue 2022: $180,547Expenses 2022: $155,773Net Income 2022: $24,7742022Revenue 2023: $167,691Expenses 2023: $200,309Net Income 2023: -$32,6182023Revenue 2024: $234,533Expenses 2024: $227,434Net Income 2024: $7,0992024

Highlighted filing

2023

Revenue$167,691
Expenses$200,309
Net Income-$32,618
Jump To
Filing Snapshot
Filing Period
Nov 1, 2022 to Oct 31, 2023
Signed
Feb 16, 2024
Return Version
2022v5.0
Gross Receipts
$168,301
Mission and Program Overview

Mission

The soup or socks clothes closet/food pantry is a volunteer driven organization dedicated to providing clothing and/or food at no charge to those in need in the greater marshfield area.

Provide mealsclothing to those in need

Program Services

DescriptionGrantsExpenses
PANTRY SERVED 2038 ADULTS AND CHILDREN FOR A TOTAL OF 30,570 MEALS.-$31,784
BEST FIRST DAY (AUGUST/23) SERVED 254 STUDENTS W/ BACK-TO-SCHOOL CLOTHING. BEST SNOW DAY (NOVEMBER/22) PROVIDED WINTER GEAR TO 152 AREA STUDENTS.-$16,400
CLOTHES CLOSET SERVED 314 ADULTS AND CHILDREN.-$7,730
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHERYL HARTLCoordinatorPT$0--
BROOK KLUGBoard Chair-$0--
BARB KRALLVice-Chair-$0--
GAIL THOMALLASecretary-$0--
NANCY RAKOVECBoard-$0--
LAURA DRENDELBoard-$0--
NANCY LEONARDBoard-$0--
MARY BLANCHARDBoard-$0--
SHANNON KUMMEROWCoordinatorPT$0--
Filing and Contact Details

Filer

Filer Name
Soup or Socks Inc
EIN
39-1740536
Address
PO BOX 146, MARSHFIELD, WI 54449

Signing Officer

Name
Barb Krall
Title
President
Phone
7153871796
Signed
2024-02-16
Discuss with paid preparer
Yes

Preparer

Firm
Opie Accounting and Tax LLC
Address
1813 S Central Ave, Marshfield, WI 54449
Preparer
Sarah Opie
Phone
7153871141
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description amountmemorials 5,180

Description of other expenses Part I line 16

Description amountmeals, clothing and other assist 55,914supplies 2,696telephone 450licenses 104insurance 3,997conventions/meetings 186donation 50misc 817depr 3,606square space paypal fee 359

Description of other assets Part II line 24

Category beginning of year end of yearfixed asset 6,185 4,574

Description of total liabilities Part II line 26

Category beginning of year end of yearfederal w/h pay 1,742 2,793state w/h pay 256 461ap 0 238

Raw XML Appendix201 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHERYL HARTL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0COORDINATOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTMEMORIALS 5,180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTMEALS, CLOTHING AND OTHER ASSIST 55,914SUPPLIES 2,696TELEPHONE 450LICENSES 104INSURANCE 3,997CONVENTIONS/MEETINGS 186DONATION 50MISC 817DEPR 3,606SQUARE SPACE PAYPAL FEE 359
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARFIXED ASSET 6,185 4,574
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARFEDERAL W/H PAY 1,742 2,793STATE W/H PAY 256 461AP 0 238
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
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ReturnHeader/PreparerPersonGrp/PhoneNum07153871141
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-02-16T19:28:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BARB
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KRALL
ReturnHeader/TaxPeriodBeginDt02022-11-01
ReturnHeader/TaxPeriodEndDt02023-10-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$2.35$2.27$0.07
2023Detailed filing. Detailed filing data is available for this year.$2.33$0.03$2.29$1.68$2.00$0.33
2022Detailed filing. Detailed filing data is available for this year.$2.64$0.02$2.62$1.81$1.56$0.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.02$2.37$2.17$1.49$0.68
2020Detailed filing. Detailed filing data is available for this year.$1.70$0.12$1.58$2.45$1.48$0.97
2019Detailed filing. Detailed filing data is available for this year.$0.63$0.01$0.61$1.06$1.08$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.64$0.01$0.63$1.04$1.06$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.68$0.02$0.66$0.85$0.93$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.85$0.88$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.85$0.98$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.88$0.92$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.00$0.93$0.93$0.76$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.00$0.77$0.84$0.70$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.62$0.59$0.64$0.05