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 |