Share Of New Square Inc

Share Of New Square Inc shows consistent revenue and asset growth with no reported officer compensation.

EIN: 133475062 · Spring Valley, NY · NTEE: K36 · Updated: 2026-03-28

$38.1MRevenue

$15.6MAssets

85/100Mission Score (Excellent)

K36

About Share Of New Square Inc

Share Of New Square Inc (EIN: 133475062) is a nonprofit organization based in Spring Valley, NY, classified under NTEE code K36. The organization reported total revenue of $38.1M and total assets of $15.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Share Of New Square Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Share Of New Square Inc demonstrates consistent growth in revenue and assets over the past decade, indicating a financially stable and expanding organization. For instance, revenue grew from $6.19 million in 2014 to $24.20 million in 2023, and assets increased from $3.25 million to $13.75 million in the same period. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging. The consistent increase in liabilities alongside assets warrants further investigation to understand the nature of these obligations and their impact on long-term financial health.

The organization's financial health appears robust, with revenue generally exceeding expenses, leading to a healthy accumulation of assets. The significant growth in both revenue and assets suggests effective fundraising and financial management. The absence of reported officer compensation is a notable positive for transparency, as it implies that leadership is either unpaid or compensated through other means not captured in this specific metric, which is rare for an organization of this size. To fully evaluate spending efficiency, a more granular breakdown of expenses beyond total expenses would be beneficial, particularly to understand the proportion dedicated directly to programs versus overhead.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Share Of New Square Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Share Of New Square Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Share Of New Square Inc consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue, suggesting either volunteer leadership or compensation structured in a way not reported under this specific line item.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Share Of New Square Inc's IRS 990 filings:

Significant increase in liabilities relative to assets over time, from $1.07M in 2014 to $10.43M in 2023, which could indicate reliance on debt or other obligations.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Consistent 0% officer compensation for an organization with over $24M in revenue is highly unusual and may suggest alternative compensation structures or reporting methods not fully transparent.

Strengths

The following positive indicators were identified for Share Of New Square Inc:

Consistent and substantial revenue growth, from $6.19M in 2014 to $24.20M in 2023, demonstrating strong financial health and fundraising capabilities.
Healthy asset accumulation, increasing from $3.25M in 2014 to $13.75M in 2023, indicating financial stability.
Expenses generally kept below revenue, leading to positive net assets in most years.
No reported officer compensation, suggesting a strong commitment to directing funds towards the mission or volunteer leadership.

Frequently Asked Questions about Share Of New Square Inc

Is Share Of New Square Inc a good charity?

Based on the available data, Share Of New Square Inc demonstrates strong financial growth and a commitment to not reporting officer compensation, which are positive indicators. However, a full assessment of 'goodness' would require more detailed expense breakdowns to confirm program efficiency and impact.

How has Share Of New Square Inc's revenue grown over time?

Share Of New Square Inc has experienced significant revenue growth, increasing from $6,191,760 in 2014 to $24,201,263 in 2023, representing a substantial upward trend over the decade.

What is the trend in Share Of New Square Inc's assets and liabilities?

Both assets and liabilities have shown a consistent upward trend. Assets grew from $3,250,464 in 2014 to $13,752,017 in 2023, while liabilities increased from $1,075,358 to $10,430,181 in the same period. The growth in liabilities is notable and warrants further examination.

Does Share Of New Square Inc pay its officers?

According to the IRS 990 filings provided, Share Of New Square Inc consistently reports 0% officer compensation for all periods, indicating that officers are either unpaid or compensated through means not categorized as 'officer compensation' on these forms.

Filing History

IRS 990 filing history for Share Of New Square Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Share Of New Square Inc's revenue has grown by 487.6%, moving from $4.1M to $24.2M. Total assets increased by 1188.4% over the same period, from $1.1M to $13.8M. Total functional expenses rose by 480.3%, from $4.1M to $23.6M. In its most recent filing year (2023), Share Of New Square Inc reported a surplus of $554K, with revenue exceeding expenses. The organization holds $10.4M in liabilities against $13.8M in assets (debt-to-asset ratio: 75.8%), resulting in net assets of $3.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$24.2M	$23.6M	$13.8M	$10.4M	—	—
2022	$19.0M	$19.4M	$11.5M	$8.8M	—	View 990
2021	$16.5M	$15.5M	$10.7M	$7.4M	—	View 990
2020	$11.3M	$11.8M	$8.2M	$5.9M	—	View 990
2019	$10.6M	$10.5M	$7.2M	$4.4M	—	View 990
2018	$9.6M	$9.0M	$5.9M	$3.3M	—	View 990
2017	$8.8M	$8.7M	$5.5M	$3.5M	—	—
2016	$7.9M	$8.5M	$5.3M	$3.4M	—	View 990
2015	$7.0M	$6.8M	$4.5M	$2.1M	—	View 990
2014	$6.2M	$5.8M	$3.3M	$1.1M	—	View 990
2013	$6.3M	$5.0M	$2.6M	$887K	—	View 990
2012	$4.6M	$4.3M	$1.2M	$787K	—	View 990
2011	$4.1M	$4.1M	$1.1M	$968K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $24.2M, expenses of $23.6M, and assets of $13.8M (revenue +27.1% year-over-year).
2022: Revenue of $19.0M, expenses of $19.4M, and assets of $11.5M (revenue +15.2% year-over-year).
2021: Revenue of $16.5M, expenses of $15.5M, and assets of $10.7M (revenue +46.1% year-over-year).
2020: Revenue of $11.3M, expenses of $11.8M, and assets of $8.2M (revenue +6.6% year-over-year).
2019: Revenue of $10.6M, expenses of $10.5M, and assets of $7.2M (revenue +10.4% year-over-year).
2018: Revenue of $9.6M, expenses of $9.0M, and assets of $5.9M (revenue +9.3% year-over-year).
2017: Revenue of $8.8M, expenses of $8.7M, and assets of $5.5M (revenue +10.9% year-over-year).
2016: Revenue of $7.9M, expenses of $8.5M, and assets of $5.3M (revenue +12.6% year-over-year).
2015: Revenue of $7.0M, expenses of $6.8M, and assets of $4.5M (revenue +13.8% year-over-year).
2014: Revenue of $6.2M, expenses of $5.8M, and assets of $3.3M (revenue -2.3% year-over-year).
2013: Revenue of $6.3M, expenses of $5.0M, and assets of $2.6M (revenue +37.2% year-over-year).
2012: Revenue of $4.6M, expenses of $4.3M, and assets of $1.2M (revenue +12.2% year-over-year).
2011: Revenue of $4.1M, expenses of $4.1M, and assets of $1.1M.

Data Sources and Methodology

This transparency report for Share Of New Square Inc 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.