Soup Or Socks Inc
- Assets
- $232.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Marshfield, WI
- Founding
- 04/1994
- Data as of
- 10/2023
- EIN
- 39-1740536
Organization Overview
Soup Or Socks Inc is located in Marshfield, WI. The organization was established in 1994. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soup Or Socks Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2023, Soup Or Socks Inc generated $167.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $200.3k during the year ending 10/2023. While expenses have increased by 10.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE MEALS/CLOTHING TO THOSE IN NEED
Describe the Organization's Program Activity:
Part 3
PROVIDE 15,045 MEALS TO TOTAL OF 1,003 PEOPLE WHICH INCLUDED 653 ADULTS AND 350 CHILDREN. PROVIDE NEW AND USED CLOTHING 128 ADULTS AND 104 CHILDREN FREE OF CHARGE. THE CLOTHING IS DONATED AND HIGH DEMAND ITEMS MAY BE PURCHASED.PROVIDE CLOTHING, SHOES, AND SCHOOL SUPPLIES FOR SCHOOL YEAR 2021-2022 FOR 339 CHILDREN FREE OF CHARGE AT AN ESTIMATED COST OF $60 PER CHILD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Hartl Coordinator | 34 | $0 | |
Brook Klug Board Chair | 2 | $0 | |
Barb Krall Vice-Chair | 2 | $0 | |
Gail Thomalla Secretary | 1 | $0 | |
Nancy Rakovec Board | 0.5 | $0 | |
Laura Drendel Board | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,738 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,475 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,298 |
| Other Revenue | $5,180 |
| Total Revenue | $167,691 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $122,406 |
| Professional fees and other payments to independent contractors | $3,630 |
| Occupancy, rent, utilities, and maintenance | $5,030 |
| Printing, publications, postage, and shipping | $1,064 |
| Other expenses | $68,179 |
| Total expenses | $200,309 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $228,015 |
| Other assets | $0 |
| Total assets | $232,589 |
| Total liabilities | $3,492 |
| Net assets or fund balances | $229,097 |