Civic Intelligence

The Sock Drawer Inc

990EZ • Fiscal year 2022 • EIN 82-1561819

Jan 01, 2022 to Dec 31, 2022 • Filed on May 08, 2023

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

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

29th percentile

-7.5%

Higher net margin than 29% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

15th percentile

-34%

Faster asset growth than 15% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

13th percentile

-43%

Faster revenue growth than 13% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$2,847

Down $1,465 (-34%) from 2021

Net Assets

Down

$2,847

Down $1,465 (-34%) from 2021

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin29th percentile

Revenue

Down

$19,561

Down $14,527 (-43%) from 2021

Expenses

Down

$21,026

Down $70,248 (-77%) from 2021

Net Income

Up

-$1,465

Up $55,721 (+97%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth15th 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

2022

Assets$2,847
Liabilities$0
Net Assets$2,847
Open 2022 Filing

Operations Trend

Revenue Growth13th 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

2022

Revenue$19,561
Expenses$21,026
Net Income-$1,465
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 8, 2023
Return Version
2022v5.0
Gross Receipts
$19,561
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

Program Services

DescriptionGrantsExpenses
PROVIDED BOOKS, SUPPLIES, MUSICAL INSTRUMENTS, SCHOLARSHIPSFOR DISABLED CHILDREN, DIGITAL EQUIPMENT FOR SCHOOLS$19,501$19,501
Compensation and Service Providers
Top Officer Pay78th 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
2023-05-08
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

“Supplies for homeless; donation; nelson outreach: 251 w 11th st, riviera beach, fl, 33404; none, 15000.”

Form 990EZ, Part I, Line 10

“Library; donation; grassy waters elementary school: 3300 forest hill blvd, west palm beach , fl, 33406; none, 1400.”

Form 990EZ, Part I, Line 10

“Serves local charities in wisconson; donation; humorology.org: , , , ; none, 3736.”

Form 990EZ, Part I, Line 10

“Support young female chidren; donations; save the children': po box 97132, washington, dc, 20090; none, 234.”

Form 990EZ, Part I, Line 16

“INSURANCE 523.”

Form 990EZ, Part I, Line 16

“Blankets & supplies for homeless 120.”

Form 990EZ, Part I, Line 16

“WEBSITE 0.”

Form 990EZ, Part I, Line 16

“MISCELLANEOUS 13.”

Form 990EZ, Part I, Line 16

“LICENSE”

Raw XML Appendix176 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/PersonNm0NICOLA SKOLNICK
IRS990EZ/BooksInCareOfDetail/PhoneNum05616763819
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07327 HORIZON DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WEST PALM BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033412
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04312
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02847
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt019561
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1465
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04312
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02847
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt020370
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt019561
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04312
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02847
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04312
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02847
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
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/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0656
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
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED BOOKS, SUPPLIES, MUSICAL INSTRUMENTS, SCHOLARSHIPSFOR DISABLED CHILDREN, DIGITAL EQUIPMENT FOR SCHOOLS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt019501
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt019501
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt021026
IRS990EZ/TotalProgramServiceExpensesAmt019501
IRS990EZ/TotalRevenueAmt019561
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt020370
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt034088
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt058135
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0106925
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt040579
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0260097
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0260097
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt020370
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt034088
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt058135
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0106925
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt040579
IRS990ScheduleA/Total509Grp/TotalAmt0260097
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0260097
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/ExplanationTxt0SUPPLIES FOR HOMELESS; DONATION; NELSON OUTREACH: 251 W 11TH ST, RIVIERA BEACH, FL, 33404; NONE, 15000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LIBRARY; DONATION; GRASSY WATERS ELEMENTARY SCHOOL: 3300 FOREST HILL BLVD, WEST PALM BEACH , FL, 33406; NONE, 1400.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SERVES LOCAL CHARITIES IN WISCONSON; DONATION; HUMOROLOGY.ORG: , , , ; NONE, 3736.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUPPORT YOUNG FEMALE CHIDREN; DONATIONS; SAVE THE CHILDREN': PO BOX 97132, WASHINGTON, DC, 20090; NONE, 234.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INSURANCE 523.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BLANKETS & SUPPLIES FOR HOMELESS 120.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WEBSITE 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MISCELLANEOUS 13.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8LICENSE
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 10
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NICOLA SKOLNICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRES
ReturnHeader/BusinessOfficerGrp/PhoneNum05616763819
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-08
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/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650244305
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/PreparationDt02023-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mark S Feldmesser CPA
ReturnHeader/ReturnTs02023-05-08T12:19:51-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NICOLA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SKOLNICK
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,847
Liabilities
$0
Net assets
$2,847
Revenue
$19,561
Expenses
$21,026
Net income
-$1,465
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