Secret Sock Society
EIN: 464613579 · Franconia, NH · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $19K |
| Net Assets | $26K |
Is Secret Sock Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Secret Sock Society
Secret Sock Society (EIN: 464613579) is a nonprofit organization based in Franconia, NH, classified under NTEE code O50. The organization reported total revenue of $20K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Secret Sock Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Secret Sock Society is a micro nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $19K |
| Surplus / Deficit | +$2K |
| Total Assets | $26K |
| Net Assets | $26K |
| Operating Margin | 9.1% |
| Months of Reserves | 16.4 months |
Financial Health Grade: A
In 2023, Secret Sock Society reported a surplus of $2K with revenue exceeding expenses, holds 16.4 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2015–2023), Secret Sock Society's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +85.8% | +79.2% | +7.9% |
| 2022 | +51.9% | +77.0% | +2.8% |
| 2021 | +3.7% | -31.0% | +8.1% |
| 2020 | -27.7% | -32.5% | -13.7% |
| 2019 | +60.4% | +50.3% | -10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Secret Sock Society has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Secret Sock Society with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about Secret Sock Society
Is Secret Sock Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Secret Sock Society (EIN: 464613579) insufficient data. 0 red flags identified, 0 strengths noted.
How does Secret Sock Society spend its money?
Detailed spending breakdown data is not yet available for Secret Sock Society. Check back for updated IRS 990 analysis.
Are donations to Secret Sock Society tax-deductible?
Secret Sock Society is registered as a tax-exempt nonprofit (EIN: 464613579). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Secret Sock Society located?
Secret Sock Society is headquartered in Franconia, New Hampshire and files with the IRS under EIN 464613579. It is classified under NTEE code O50.
How many years of IRS 990 filings does Secret Sock Society have?
Secret Sock Society has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $20K in total revenue.
Filing History
IRS 990 filing history for Secret Sock Society showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Secret Sock Society's revenue has grown by 67.4%, moving from $12K to $21K. Total assets increased by 142.4% over the same period, from $11K to $26K. Total functional expenses rose by 594%, from $3K to $19K. In its most recent filing year (2023), Secret Sock Society reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21K | $19K | $26K | $0 | — | View 990 |
| 2022 | $11K | $11K | $24K | $0 | — | View 990 |
| 2021 | $7K | $6K | $23K | $0 | — | View 990 |
| 2020 | $7K | $9K | $22K | $0 | — | — |
| 2019 | $10K | $13K | $25K | $0 | — | View 990 |
| 2018 | $6K | $9K | $28K | $0 | — | View 990 |
| 2017 | $30K | $12K | $30K | $0 | — | View 990 |
| 2016 | $8K | $7K | $12K | $0 | — | View 990 |
| 2015 | $12K | $3K | $11K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21K, expenses of $19K, and assets of $26K (revenue +85.8% year-over-year).
- 2022: Revenue of $11K, expenses of $11K, and assets of $24K (revenue +51.9% year-over-year).
- 2021: Revenue of $7K, expenses of $6K, and assets of $23K (revenue +3.7% year-over-year).
- 2020: Revenue of $7K, expenses of $9K, and assets of $22K (revenue -27.7% year-over-year).
- 2019: Revenue of $10K, expenses of $13K, and assets of $25K (revenue +60.4% year-over-year).
- 2018: Revenue of $6K, expenses of $9K, and assets of $28K (revenue -79.8% year-over-year).
- 2017: Revenue of $30K, expenses of $12K, and assets of $30K (revenue +277.6% year-over-year).
- 2016: Revenue of $8K, expenses of $7K, and assets of $12K (revenue -35.4% year-over-year).
- 2015: Revenue of $12K, expenses of $3K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Secret Sock Society:
Data Sources and Methodology
This transparency report for Secret Sock Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.