Tsq Inc
Tsq Inc consistently generates significant surpluses, growing assets to over $13 million, with 0% reported officer compensation.
EIN: 112693305 · Kew Gardens, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $917K |
| Program Spending | 70% |
| Net Assets | $13.3M |
| Transparency Score | 85/100 |
Is Tsq Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tsq Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Tsq Inc
Tsq Inc (EIN: 112693305) is a nonprofit organization based in Kew Gardens, NY. The organization reported total revenue of $2.9M and total assets of $15.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tsq Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tsq Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $917K |
| Surplus / Deficit | +$1.5M |
| Total Assets | $13.3M |
| Total Liabilities | $6K |
| Net Assets | $13.3M |
| Operating Margin | 62.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 173.8 months |
Financial Health Grade: A
In 2023, Tsq Inc reported a surplus of $1.5M with revenue exceeding expenses, holds 173.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tsq Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.9% | -17.3% | +13.1% |
| 2022 | -14.7% | +13.4% | +8.6% |
| 2021 | +16.2% | +21.6% | +14.8% |
| 2020 | +29.0% | +8.7% | +15.1% |
| 2019 | +0.1% | -8.5% | +11.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tsq 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Tsq Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Tsq Inc consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with growing revenue and assets. This could indicate that executive leadership is entirely volunteer-based or that compensation is categorized differently, potentially reducing transparency regarding leadership costs.
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 Tsq Inc's IRS 990 filings:
- Significant increase in liabilities in 2023 without clear explanation in provided data.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data.
- Consistent 0% officer compensation reported, which may obscure actual leadership costs.
Strengths
The following positive indicators were identified for Tsq Inc:
- Consistent revenue growth over the past decade, from $1.1 million in 2014 to $2.4 million in 2023.
- Strong financial health with consistent annual surpluses (revenue significantly exceeding expenses).
- Substantial asset accumulation, growing from $4.5 million in 2014 to over $13 million in 2023.
- Low overall expense ratio relative to revenue, indicating efficient operations.
Frequently Asked Questions about Tsq Inc
Is Tsq Inc a legitimate charity?
Tsq Inc (EIN: 112693305) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.9M. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Tsq Inc spend its money?
Tsq Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Tsq Inc tax-deductible?
Tsq Inc is registered as a tax-exempt nonprofit (EIN: 112693305). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tsq Inc's spending goes to programs?
Tsq Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Tsq Inc located?
Tsq Inc is headquartered in Kew Gardens, New York and files with the IRS under EIN 112693305.
How many years of IRS 990 filings does Tsq Inc have?
Tsq Inc has 13 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 $2.9M in total revenue.
What is the nature of the significant increase in liabilities to $6,104,000 in 2023?
The IRS 990 data shows a substantial jump in liabilities from $16,522 in 2022 to $6,104,000 in 2023. Understanding the specific type of liability (e.g., loans, grants payable, deferred revenue) is crucial for a complete financial assessment.
How are program, administrative, and fundraising expenses allocated?
Without a detailed breakdown of expenses, it's difficult to precisely determine the organization's spending efficiency and the proportion of funds directly supporting its mission. The provided data only shows total expenses.
Is executive compensation truly zero, or is it reported under other expense categories?
The consistent reporting of 0% officer compensation is atypical for an organization with nearly $2.5 million in annual revenue. Clarification on this would improve transparency regarding leadership costs.
Filing History
IRS 990 filing history for Tsq Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tsq Inc's revenue has grown by 182.2%, moving from $874K to $2.5M. Total assets increased by 301.1% over the same period, from $3.3M to $13.3M. Total functional expenses rose by 47.2%, from $623K to $917K. In its most recent filing year (2023), Tsq Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $6K in liabilities against $13.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $917K | $13.3M | $6K | — | — |
| 2022 | $2.0M | $1.1M | $11.7M | $17K | — | View 990 |
| 2021 | $2.4M | $978K | $10.8M | $3K | — | View 990 |
| 2020 | $2.0M | $804K | $9.4M | $3K | — | View 990 |
| 2019 | $1.6M | $740K | $8.2M | $0 | — | View 990 |
| 2018 | $1.6M | $809K | $7.3M | $0 | — | View 990 |
| 2017 | $1.4M | $742K | $6.6M | $0 | — | View 990 |
| 2016 | $1.3M | $702K | $5.9M | $0 | — | View 990 |
| 2015 | $1.4M | $721K | $5.3M | $0 | — | View 990 |
| 2014 | $1.1M | $638K | $4.6M | $0 | — | View 990 |
| 2013 | $1.1M | $654K | $4.1M | $0 | — | View 990 |
| 2012 | $964K | $659K | $3.6M | $0 | — | View 990 |
| 2011 | $874K | $623K | $3.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $917K, and assets of $13.3M (revenue +21.9% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.1M, and assets of $11.7M (revenue -14.7% year-over-year).
- 2021: Revenue of $2.4M, expenses of $978K, and assets of $10.8M (revenue +16.2% year-over-year).
- 2020: Revenue of $2.0M, expenses of $804K, and assets of $9.4M (revenue +29.0% year-over-year).
- 2019: Revenue of $1.6M, expenses of $740K, and assets of $8.2M (revenue +0.1% year-over-year).
- 2018: Revenue of $1.6M, expenses of $809K, and assets of $7.3M (revenue +9.3% year-over-year).
- 2017: Revenue of $1.4M, expenses of $742K, and assets of $6.6M (revenue +10.0% year-over-year).
- 2016: Revenue of $1.3M, expenses of $702K, and assets of $5.9M (revenue -7.7% year-over-year).
- 2015: Revenue of $1.4M, expenses of $721K, and assets of $5.3M (revenue +29.2% year-over-year).
- 2014: Revenue of $1.1M, expenses of $638K, and assets of $4.6M (revenue -2.7% year-over-year).
- 2013: Revenue of $1.1M, expenses of $654K, and assets of $4.1M (revenue +17.5% year-over-year).
- 2012: Revenue of $964K, expenses of $659K, and assets of $3.6M (revenue +10.3% year-over-year).
- 2011: Revenue of $874K, expenses of $623K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tsq Inc:
Data Sources and Methodology
This transparency report for Tsq 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.