Square One Action Fund
EIN: 873785168 · Washington, DC · NTEE: S21
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $15K |
| Net Assets | $3K |
Is Square One Action Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Square One Action Fund
Square One Action Fund (EIN: 873785168) is a nonprofit organization based in Washington, DC, classified under NTEE code S21. The organization reported total revenue of $9K and total assets of $325 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Square One Action Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Square One Action Fund is a micro nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -60.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $15K |
| Surplus / Deficit | $-5,321 |
| Total Assets | $3K |
| Total Liabilities | $208 |
| Net Assets | $3K |
| Operating Margin | -53.2% |
| Debt-to-Asset Ratio | 6.2% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2023, Square One Action Fund reported a deficit of $5K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 6.2% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Square One Action Fund's revenue has declined at a compound annual growth rate (CAGR) of -60.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -60.0% | -7.9% | -67.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Square One Action Fund 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 Square One Action Fund 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 deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.2%.
Frequently Asked Questions about Square One Action Fund
Is Square One Action Fund a legitimate charity?
Square One Action Fund (EIN: 873785168) is a registered tax-exempt nonprofit based in Washington DC. It has 2 years of IRS 990 filings on record. Total revenue: $9K. No red flags identified. Financial health grade: C.
How does Square One Action Fund spend its money?
Square One Action Fund reported $9K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Square One Action Fund tax-deductible?
Square One Action Fund is registered as a tax-exempt nonprofit (EIN: 873785168). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Square One Action Fund located?
Square One Action Fund is headquartered in Washington, Washington DC and files with the IRS under EIN 873785168. It is classified under NTEE code S21.
How many years of IRS 990 filings does Square One Action Fund have?
Square One Action Fund has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $9K in total revenue.
Filing History
IRS 990 filing history for Square One Action Fund showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Square One Action Fund's revenue has declined by 60%, moving from $25K to $10K. Total assets decreased by 67.6% over the same period, from $10K to $3K. Total functional expenses fell by 7.9%, from $17K to $15K. In its most recent filing year (2023), Square One Action Fund reported a deficit of $5K, with expenses exceeding revenue. The organization holds $208 in liabilities against $3K in assets (debt-to-asset ratio: 6.2%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $15K | $3K | $208 | — | — |
| 2022 | $25K | $17K | $10K | $2K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Square One Action Fund:
Data Sources and Methodology
This transparency report for Square One Action Fund 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.