Civic Intelligence

The Sock Drawer Inc

990EZ • Fiscal year 2020 • EIN 82-1561819

Jan 01, 2020 to Dec 31, 2020 • Filed on May 14, 2021

Organization ProfileN/A
7327 Horizon DriveWest Palm Beach, FL 33412

(561) 676-3819

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

59th percentile

11%

Higher net margin than 59% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

60th percentile

12%

Faster asset growth than 60% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

25th percentile

-46%

Faster revenue growth than 25% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$61,498

Up $6,498 (+12%) from 2019

Net Assets

Up

$61,498

Up $6,498 (+12%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin59th percentile

Revenue

Down

$58,135

Down $48,790 (-46%) from 2019

Expenses

Down

$51,637

Down $12,640 (-20%) from 2019

Net Income

Down

$6,498

Down $36,150 (-85%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$80K$60K$40K$20K$0Assets 2018: $12,352Liabilities 2018: $0Net Assets 2018: $12,3522018Assets 2019: $55,000Net Assets 2019: $55,0002019Assets 2020: $61,498Net Assets 2020: $61,4982020Assets 2021: $4,312Net Assets 2021: $4,3122021Assets 2022: $2,847Liabilities 2022: $0Net Assets 2022: $2,8472022Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2020

Assets$61,498
Liabilities-
Net Assets$61,498
Open 2020 Filing

Operations Trend

Revenue Growth25th percentile

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

$150K$100K$50K$0-$50K-$100KRevenue 2018: $40,578Expenses 2018: $28,226Net Income 2018: $12,3522018Revenue 2019: $106,925Expenses 2019: $64,277Net Income 2019: $42,6482019Revenue 2020: $58,135Expenses 2020: $51,637Net Income 2020: $6,4982020Revenue 2021: $34,088Expenses 2021: $91,274Net Income 2021: -$57,1862021Revenue 2022: $19,561Expenses 2022: $21,026Net Income 2022: -$1,4652022Revenue 2023: $735Expenses 2023: $3,582Net Income 2023: -$2,8472023

Highlighted filing

2020

Revenue$58,135
Expenses$51,637
Net Income$6,498
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 14, 2021
Return Version
2020v4.1
Gross Receipts
$58,135
Mission and Program Overview

Mission

Provide clothing and supplies to schools with low income students provide socks and other clothing to homeless people through eligible shelters

Provide clothing and supplies to schools with low income students provide socks and other clothing to homeless people through eligible shelters title 1 elementary school new studio renovations

Program Services

DescriptionGrantsExpenses
PROVIDED BOOKS, SUPPLIES, MUSICAL INSTRUMENTS, SCHOLARSHIPSFOR DISABLED CHILDREN, DIGITAL EQUIPMENT FOR SCHOOLS$50,976$50,976
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICOLA J SKOLNICKPresidentPT$0--
ALEX SKOLNICKVPPT$0--
AIDAN SKOLNICKVPPT$0--
Filing and Contact Details

Filer

Filer Name
The Sock Drawer Inc
EIN
82-1561819
Phone
5616763819
Address
7327 HORIZON DRIVE, WEST PALM BEACH, FL 33412

Signing Officer

Name
Nicola Skolnick
Title
Pres
Phone
5616763819
Signed
2021-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Chief Financial Officers Corp
Address
3 Alnwick Rd, Palm Beach Gardens, FL 33418
Preparer
Mark S Feldmesser CPA
Phone
5618010414
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Title 1 elementary school new studio renovations; donation; palm beach county school district: 3300 forest hill blvd, west palm beach, fl, 33406; none, 47048.”

Form 990EZ, Part I, Line 10

“Uniforms for news team; donation; grassy waters elementary school: 3550 n jog rd, west palm beach, fl, 33411; none, 341.”

Form 990EZ, Part I, Line 10

“Supplies for homeless; donation; nelson's outreach: 251 w 11th st, riviera beach, fl, 33404; none, 670.”

Form 990EZ, Part I, Line 16

“INSURANCE 524.”

Form 990EZ, Part I, Line 16

“Blankets & supplies for homeless 2916.”

Form 990EZ, Part I, Line 16

“WEBSITE 0.”

Form 990EZ, Part I, Line 16

“MISCELLANEOUS 13.”

Form 990EZ, Part I, Line 16

“LICENSE 125.”

Raw XML Appendix163 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/BooksInCareOfDetail/PersonNm0NICOLA SKOLNICK
IRS990EZ/BooksInCareOfDetail/PhoneNum05616763819
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WEST PALM BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033412
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt055000
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IRS990EZ/ExcessOrDeficitForYearAmt06498
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt048059
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NICOLA J SKOLNICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ALEX SKOLNICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2AIDAN SKOLNICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VP
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03578
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE CLOTHING AND SUPPLIES TO SCHOOLS WITH LOW INCOME STUDENTS PROVIDE SOCKS AND OTHER CLOTHING TO HOMELESS PEOPLE THROUGH ELIGIBLE SHELTERS TITLE 1 ELEMENTARY SCHOOL NEW STUDIO RENOVATIONS
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED BOOKS, SUPPLIES, MUSICAL INSTRUMENTS, SCHOLARSHIPSFOR DISABLED CHILDREN, DIGITAL EQUIPMENT FOR SCHOOLS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt050976
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt050976
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt051637
IRS990EZ/TotalProgramServiceExpensesAmt050976
IRS990EZ/TotalRevenueAmt058135
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt058135
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0106925
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt040579
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0205639
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt0205639
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt058135
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0106925
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt040579
IRS990ScheduleA/Total509Grp/TotalAmt0205639
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0205639
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TITLE 1 ELEMENTARY SCHOOL NEW STUDIO RENOVATIONS; DONATION; PALM BEACH COUNTY SCHOOL DISTRICT: 3300 FOREST HILL BLVD, WEST PALM BEACH, FL, 33406; NONE, 47048.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNIFORMS FOR NEWS TEAM; DONATION; GRASSY WATERS ELEMENTARY SCHOOL: 3550 N JOG RD, WEST PALM BEACH, FL, 33411; NONE, 341.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUPPLIES FOR HOMELESS; DONATION; NELSON'S OUTREACH: 251 W 11TH ST, RIVIERA BEACH, FL, 33404; NONE, 670.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSURANCE 524.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BLANKETS & SUPPLIES FOR HOMELESS 2916.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WEBSITE 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MISCELLANEOUS 13.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7LICENSE 125.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NICOLA SKOLNICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRES
ReturnHeader/BusinessOfficerGrp/PhoneNum05616763819
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SOCK DRAWER INC
ReturnHeader/Filer/BusinessNameControlTxt0SOCK
ReturnHeader/Filer/EIN0821561819
ReturnHeader/Filer/PhoneNum05616763819
ReturnHeader/Filer/USAddress/AddressLine1Txt07327 HORIZON DRIVE
ReturnHeader/Filer/USAddress/CityNm0WEST PALM BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033412
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Chief Financial Officers Corp
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03 Alnwick Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Palm Beach Gardens
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033418
ReturnHeader/PreparerPersonGrp/PhoneNum05618010414
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mark S Feldmesser CPA
ReturnHeader/ReturnTs02021-05-14T11:45:21-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NICOLA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SKOLNICK
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$61,498
Liabilities
-
Net assets
$61,498
Revenue
$58,135
Expenses
$51,637
Net income
$6,498
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01$0.04$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.20$0.21$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.34$0.91$0.57
2020Detailed filing. Detailed filing data is available for this year.$0.61$0.61$0.58$0.52$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.55$0.55$1.07$0.64$0.43
2018Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.41$0.28$0.12