Civic Intelligence

Sov Community Co-Retail Space Inc

EIN 92-1322520 • 501(c)3 • South Orange, NJ

NTEE S43

Profile

To operate and maintain a community co-retail space of which must be dedicated to the support and benefit of local and neighboring community makers, artists, and small businesses.

57 South Orange AveSouth Orange, NJ 07079

colabsouthorange.org

Siviq Scores

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

Liabilities / Assets

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2024

Net Margin

18th percentile

-21%

Higher net margin than 18% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

NTEE S • <$500k nonprofits • Source year 2024

Asset Growth

26th percentile

-18%

Faster asset growth than 26% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-45%

Faster revenue growth than 16% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets66th percentile

Assets

Down

$84,462

Down $19,056 (-18%) from 2023

Liabilities

Up

$980

Up $980 from 2023

Net Assets

Down

$83,482

Down $20,036 (-19%) from 2023

Operations
Liabilities / Revenue67th percentileNet Margin18th percentile

Revenue

Down

$97,064

Down $79,885 (-45%) from 2023

Expenses

Up

$117,100

Up $43,669 (+59%) from 2023

Net Income

Down

-$20,036

Down $123,554 (-119%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth26th percentile

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

$150K$100K$50K$0Assets 2023: $103,518Liabilities 2023: $0Net Assets 2023: $103,5182023Assets 2024: $84,462Liabilities 2024: $980Net Assets 2024: $83,4822024

Highlighted filing

2024

Assets$84,462
Liabilities$980
Net Assets$83,482
Open 2024 Filing

Operations Trend

Revenue Growth16th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2023: $176,949Expenses 2023: $73,431Net Income 2023: $103,5182023Revenue 2024: $97,064Expenses 2024: $117,100Net Income 2024: -$20,0362024

Highlighted filing

2024

Revenue$97,064
Expenses$117,100
Net Income-$20,036
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$84,462
Liabilities
$980
Net assets
$83,482
Revenue
$97,064
Expenses
$117,100
Net income
-$20,036
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.84$0.01$0.83$0.97$1.17$0.20
2023Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$1.77$0.73$1.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 28, 2025
Return Version
2024v5.1
Gross Receipts
$97,064
Mission and Program Overview

Mission

To operate and maintain a community co-retail space of which must be dedicated to the support and benefit of local and neighboring community makers, artists, and small businesses.

To maintain a community co-retail space

Program Services

DescriptionGrantsExpenses
PROFESSIONAL FEES TO CREATE A COMMUNITY RETAIL SPACE TO SUPPORT LOCAL BUSINESS OWERS AND PROVIDE A SPACE FOR THE COMMUNITY TO GATHER. THE LARGEST EXPENSE WAS FOR CONTRACTORS-$64,034
FACITLITY MAINTANCE AND IMPROVEMENTS-$30,669
ADVERTISING AND MARKETING THROUGH WEBSITES EVENTS AND SOCIAL MEDIA-$15,328
Other program services-$4,995
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JULIE DORANBoard Member-$0--
AMBER ZAMORASecretaryvice Chair-$0--
HANNAH ZOLLMANChair-$0--
LAURA FERNANDESBoard Member-$0--
JOSEPH GABRIELBoard Member-$0--
NICOLE RENEE JOSEYBoard Member-$0--
SEAN MOSHIERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Sov Community Co-retail Space Inc
EIN
92-1322520
In Care Of
% JON MACH
Phone
9142042253
Address
57 SOUTH ORANGE AVE, SOUTH ORANGE, NJ 07079

Signing Officer

Name
Jon Mach
Title
Treasurer
Phone
9142042253
Signed
2025-04-28
Discuss with paid preparer
Yes

Preparer

Firm
Mach & Associates CPA PA
Address
29 Main Ave, Elmwood Park, NJ 07407
Preparer
Jon Mach
Phone
2017978338
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountADVERTISING & MARKETING 15,328GENERAL & ADMINISTRATIVE EXPENSES 4,553SUPPLIES & MISC EXPENSES 442DEPRECIATION 2,074”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearSECURITY DEPOSITS 0 980”

Other program services Part III line 31

“General and administrative cost and supplies”

Raw XML Appendix164 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/USAddress/CityNm0ELMWOOD PARK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007407
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt048698
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029502
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IRS990EZ/ExcessOrDeficitForYearAmt0-20036
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt083482
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JULIE DORAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1AMBER ZAMORA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2HANNAH ZOLLMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LAURA FERNANDES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOSEPH GABRIEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5NICOLE RENEE JOSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SEAN MOSHIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARYVICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt022397
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PrimaryExemptPurposeTxt0TO MAINTAIN A COMMUNITY CO-RETAIL SPACE
IRS990EZ/ProgramServiceRevenueAmt048494
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1FACITLITY MAINTANCE AND IMPROVEMENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2ADVERTISING AND MARKETING THROUGH WEBSITES EVENTS AND SOCIAL MEDIA
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Other program services
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt064034
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt130669
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt215328
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt34995
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0980
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0117100
IRS990EZ/TotalProgramServiceExpensesAmt0115026
IRS990EZ/TotalRevenueAmt097064
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0COLABSOUTHORANGE.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt048570
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0172600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0221170
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt048494
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt048570
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0221170
IRS990ScheduleA/TotalSupportAmt0221170
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/ExplanationTxt0Description AmountADVERTISING & MARKETING 15,328GENERAL & ADMINISTRATIVE EXPENSES 4,553SUPPLIES & MISC EXPENSES 442DEPRECIATION 2,074
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearSECURITY DEPOSITS 0 980
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GENERAL AND ADMINISTRATIVE COST AND SUPPLIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other program services Part III line 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JON MACH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09142042253
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOV COMMUNITY CO-RETAIL SPACE INC
ReturnHeader/Filer/BusinessNameControlTxt0SOVC
ReturnHeader/Filer/EIN0921322520
ReturnHeader/Filer/InCareOfNm0% JON MACH
ReturnHeader/Filer/PhoneNum09142042253
ReturnHeader/Filer/USAddress/AddressLine1Txt057 SOUTH ORANGE AVE
ReturnHeader/Filer/USAddress/CityNm0SOUTH ORANGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007079
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222128332
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mach & Associates CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt029 Main Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Elmwood Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007407
ReturnHeader/PreparerPersonGrp/PhoneNum02017978338
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JON MACH
ReturnHeader/ReturnTs02025-05-06T12:28:05-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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