Square One Action Fund is located in Washington, DC. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Square One Action Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, Square One Action Fund generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (36.8%) each year. All expenses for the organization totaled $15.3k during the year ending 06/2023. 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 Program Activity:
Part 3
SQUARE ONE ACTION FUND LAID THE GROUNDWORK FOR FUTURE PROGRAMMING BY RESEARCHING THE CURRENT LANDSCAPE OF BARRIERS FACING UNDERREPRESENTED LEADERS, AND ALSO RESEARCHED POTENTIAL PARTNERS AND ADDITIONAL PROGRAM AVENUES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Levitt President | 1 | $0 | |
Anita Sathe Treasurer | 0.5 | $0 | |
Miti Sathe Chairman | 0.5 | $0 | |
Sanjay Sathe Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $10,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $4,024 |
Professional fees and other payments to independent contractors | $10,909 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $388 |
Total expenses | $15,321 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $3,331 |
Other assets | $0 |
Total assets | $3,331 |
Total liabilities | $208 |
Net assets or fund balances | $3,123 |