Civic Intelligence

Shippers of Recycled Textiles Inc

EIN 52-1595998 • 501(c)6 • Abingdon, MD

Profile

The organization is a non-profit shipper's trade association designed to benefit members by providing reduced ocean freights and additional services for the efficient transportation of used clothing, wipers, textiles, and textile waste products for shipment by sea and land. The organization also promotes the general welfare of shipper members by fostering and promoting a high standard of business ethics, providing a forum for the exchange of ideas, collecting and distributing information and econmic data pertaining to the shipment and distribution of recycled textiles, promoting technical research and development in the transportation of recycled textiles, and assisting legislative and governmental bodies and agencies by presenting the views of its members to such entities concerning matters affecting the welfare and interests of the recycled textile shippers industry.

3465 Box Hill Corporate Ctr Dr No HAbingdon, MD 21009

www.sorti.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

1st percentile

-9865%

Higher net margin than 1% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

8th percentile

-100%

Faster asset growth than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

100th percentile

5650%

Faster revenue growth than 100% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $11,345 (-100%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Down

$0

Down $11,345 (-100%) from 2016

Operations
Liabilities / Revenue51st percentileNet Margin1st percentile

Revenue

Up

$115

Up $113 (+5650%) from 2016

Expenses

Down

$11,460

Down $8,123 (-41%) from 2016

Net Income

Up

-$11,345

Up $8,236 (+42%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth8th percentile

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

$60K$40K$20K$0Assets 2011: $46,918Liabilities 2011: $4,3802011Assets 2012: $37,492Liabilities 2012: $200Net Assets 2012: $37,2922012Assets 2013: $45,898Liabilities 2013: $0Net Assets 2013: $45,8982013Assets 2014: $38,392Liabilities 2014: $0Net Assets 2014: $38,3922014Assets 2015: $30,926Liabilities 2015: $0Net Assets 2015: $30,9262015Assets 2016: $11,345Liabilities 2016: $0Net Assets 2016: $11,3452016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0
Open 2017 Filing

Operations Trend

Revenue Growth100th percentile

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

$40K$20K$0-$20KRevenue 2011: $30,088Expenses 2011: $28,522Net Income 2011: $1,5662011Revenue 2012: $27,504Expenses 2012: $32,750Net Income 2012: -$5,2462012Revenue 2013: $25,564Expenses 2013: $16,958Net Income 2013: $8,6062013Revenue 2014: $16,703Expenses 2014: $24,209Net Income 2014: -$7,5062014Revenue 2015: $7,602Expenses 2015: $15,068Net Income 2015: -$7,4662015Revenue 2016: $2Expenses 2016: $19,583Net Income 2016: -$19,5812016Revenue 2017: $115Expenses 2017: $11,460Net Income 2017: -$11,3452017

Highlighted filing

2017

Revenue$115
Expenses$11,460
Net Income-$11,345
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$115
Expenses
$11,460
Net income
-$11,345
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.12$11.5$11.3
2016Detailed filing. Detailed filing data is available for this year.$11.3$0.00$11.3$0.00$19.6$19.6
2015Detailed filing. Detailed filing data is available for this year.$30.9$0.00$30.9$7.60$15.1$7.47
2014Detailed filing. Detailed filing data is available for this year.$38.4$0.00$38.4$16.7$24.2$7.51
2013Detailed filing. Detailed filing data is available for this year.$45.9$0.00$45.9$25.6$17.0$8.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.5$0.20$37.3$27.5$32.8$5.25
2011Summary only. Only limited summary data is available for this year.$46.9$4.38$30.1$28.5$1.57
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 19, 2018
Return Version
2017v2.2
Gross Receipts
$115
Mission and Program Overview

Mission

The organization is a non-profit shipper's trade association designed to benefit members by providing reduced ocean freights and additional services for the efficient transportation of used clothing, wipers, textiles, and textile waste products for shipment by sea and land. The organization also promotes the general welfare of shipper members by fostering and promoting a high standard of business ethics, providing a forum for the exchange of ideas, collecting and distributing information and econmic data pertaining to the shipment and distribution of recycled textiles, promoting technical research and development in the transportation of recycled textiles, and assisting legislative and governmental bodies and agencies by presenting the views of its members to such entities concerning matters affecting the welfare and interests of the recycled textile shippers industry.

Program Services

DescriptionGrantsExpenses
THROUGH THE AGGREGATE VOLUME OF MEMBERSHIP, THE ORGANIZATION NEGOTIATES EXCLUSIVE CONFIDENTIAL SERVICE CONTRACTS WITH OCEAN CARRIERS & NVOCC'S FOR REDUCED RATES. CONTRACTS COVER FULL CONTAINER LOADS FOR EXPORT OF USED CLOTHING, WIPERS, TEXTILES AND TEXTILE WASTE IN VARIOUS TRADE LANES.$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIC WARSHAWPresidentPT$0--
ERIC STUBINVice President-$0--
JACKIE KINGSecretary-$0--
ROBERT GOODETreasurerPT$0--
BRIAN LONDONDirector-$0--
ALI MANEKIADirector-$0--
Filing and Contact Details

Filer

Filer Name
Shippers of Recycled Textiles Inc
EIN
52-1595998
Phone
4436401050
Address
3465 BOX HILL CORPORATE CTR DR NO H, ABINGDON, MD 21009

Signing Officer

Name
Jackie King
Title
Secretary
Phone
4436401055
Signed
2018-04-19
Discuss with paid preparer
Yes

Preparer

Firm
Kahn Berman Solomon Taibel & Mogol Pa
Address
9515 DEERECO ROAD SUITE 801, TIMONIUM, MD 21093
Preparer
Deanna Amos
Phone
4103080300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 3.”

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: miscellaneous. Amount: 112.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: taxes/fees. Amount: 1,095. Description: contributions. Amount: 8,872. Description: bank service charges. Amount: 12. Total to form 990-ez, line 16: 9,979.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: accounts receivable. Beg. Of year amount: 50. End of year amount: 0.”

Raw XML Appendix161 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ERIC WARSHAW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ERIC STUBIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JACKIE KING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROBERT GOODE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BRIAN LONDON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ALI MANEKIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd01
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt050
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt09979
IRS990EZ/OtherRevenueTotalAmt0112
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION IS A NON-PROFIT SHIPPER'S TRADE ASSOCIATION DESIGNED TO BENEFIT MEMBERS BY PROVIDING REDUCED OCEAN FREIGHTS AND ADDITIONAL SERVICES FOR THE EFFICIENT TRANSPORTATION OF USED CLOTHING, WIPERS, TEXTILES, AND TEXTILE WASTE PRODUCTS FOR SHIPMENT BY SEA AND LAND. THE ORGANIZATION ALSO PROMOTES THE GENERAL WELFARE OF SHIPPER MEMBERS BY FOSTERING AND PROMOTING A HIGH STANDARD OF BUSINESS ETHICS, PROVIDING A FORUM FOR THE EXCHANGE OF IDEAS, COLLECTING AND DISTRIBUTING INFORMATION AND ECONMIC DATA PERTAINING TO THE SHIPMENT AND DISTRIBUTION OF RECYCLED TEXTILES, PROMOTING TECHNICAL RESEARCH AND DEVELOPMENT IN THE TRANSPORTATION OF RECYCLED TEXTILES, AND ASSISTING LEGISLATIVE AND GOVERNMENTAL BODIES AND AGENCIES BY PRESENTING THE VIEWS OF ITS MEMBERS TO SUCH ENTITIES CONCERNING MATTERS AFFECTING THE WELFARE AND INTERESTS OF THE RECYCLED TEXTILE SHIPPERS INDUSTRY.
IRS990EZ/PrintingPublicationsPostageAmt031
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THROUGH THE AGGREGATE VOLUME OF MEMBERSHIP, THE ORGANIZATION NEGOTIATES EXCLUSIVE CONFIDENTIAL SERVICE CONTRACTS WITH OCEAN CARRIERS & NVOCC'S FOR REDUCED RATES. CONTRACTS COVER FULL CONTAINER LOADS FOR EXPORT OF USED CLOTHING, WIPERS, TEXTILES AND TEXTILE WASTE IN VARIOUS TRADE LANES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt011460
IRS990EZ/TotalRevenueAmt0115
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.SORTI.COM
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd01
IRS990ScheduleN/EmployeeOfSuccessorInd01
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0SECONDARY MATERIALS AND RECYCLED TEXTILES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02017-09-20
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0361728770
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt08872
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(6)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH IN BANK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt03465 BOX HILL CORP CTR DR H
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0ABINGDON
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd021009
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: ERIC STUBIN AND JACKIE KING
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1EXPLANATION OF INVOLVEMENT: MR. STUBIN WAS VICE PRESIDENT, AND MS. KING WAS EXEC. DIR/SECY, OF THE ORGANIZATION AT THE TIME OF DISSOLUTION. MR. STUBIN HAS BEEN THE PRESIDENT, AND MS. KING THE EXEC. DIR/SECY, OF SECONDARY MATERIALS AND RECYCLED TEXTILES, THE SUCCESSOR ORGANIZATION, FOR A NUMBER OF YEARS. MS. KING IS PART-OWNER OF KING MANGEMENT GROUP, INC. WHO PROVIDES MANAGEMENT SERVICES TO BOTH THE ORGANIZATION AND THE SUCCESSOR ORGANIZATION, IN THE ORDINARY COURSE OF BUSINESS. NO COMPENSATION WAS RECEIVED AS A RESULT OF THE DISSOLUTION OF THE ORGANIZATION.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 2E:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 3.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MISCELLANEOUS. AMOUNT: 112.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: TAXES/FEES. AMOUNT: 1,095. DESCRIPTION: CONTRIBUTIONS. AMOUNT: 8,872. DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 12. TOTAL TO FORM 990-EZ, LINE 16: 9,979.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 50. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JACKIE KING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum04436401055
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHIPPERS OF RECYCLED TEXTILES INC
ReturnHeader/Filer/BusinessNameControlTxt0SHIP
ReturnHeader/Filer/EIN0521595998
ReturnHeader/Filer/PhoneNum04436401050
ReturnHeader/Filer/USAddress/AddressLine1Txt03465 BOX HILL CORPORATE CTR DR NO H
ReturnHeader/Filer/USAddress/CityNm0ABINGDON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021009
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.179.185.93
ReturnHeader/FilingSecurityInformation/IPDt02018-04-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm008:44:16
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521365413
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KAHN BERMAN SOLOMON TAIBEL & MOGOL PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09515 DEERECO ROAD SUITE 801
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TIMONIUM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021093
ReturnHeader/PreparerPersonGrp/PhoneNum04103080300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEANNA AMOS
ReturnHeader/ReturnTs02018-04-17T00:00:00-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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