Volunteer Square Corp
EIN: 274166350 · Darien, CT · NTEE: S50
| Metric | Value |
|---|---|
| Total Revenue | $64K |
| Total Expenses | $79K |
| Net Assets | $-2,240 |
Is Volunteer Square Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Volunteer Square Corp
Volunteer Square Corp (EIN: 274166350) is a nonprofit organization based in Darien, CT, classified under NTEE code S50. The organization reported total revenue of $64K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Volunteer Square Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Volunteer Square Corp is a micro nonprofit that has been operating for 15 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -7.3%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $79K |
| Surplus / Deficit | $-16,133 |
| Total Assets | $14K |
| Total Liabilities | $16K |
| Net Assets | $-2,240 |
| Operating Margin | -25.9% |
| Debt-to-Asset Ratio | 116.1% |
| Months of Reserves | 2.1 months |
Financial Health Grade: D
In 2019, Volunteer Square Corp reported a deficit of $16K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 116.1% (high leverage).
Financial Trends
Over 9 years of filings (2011–2019), Volunteer Square Corp's revenue has declined at a compound annual growth rate (CAGR) of -7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +-0.0% | -7.7% | +0.0% |
| 2018 | -17.6% | -1.3% | -64.7% |
| 2017 | +58.2% | +21.5% | -21.1% |
| 2016 | +25.1% | -38.8% | -31.6% |
| 2015 | +237.1% | -24.3% | -51.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Volunteer Square Corp 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 Volunteer Square Corp 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 116.1%.
Frequently Asked Questions about Volunteer Square Corp
Is Volunteer Square Corp a legitimate charity?
Volunteer Square Corp (EIN: 274166350) is a registered tax-exempt nonprofit based in Connecticut. It has 9 years of IRS 990 filings on record. Total revenue: $64K. No red flags identified. Financial health grade: D.
How does Volunteer Square Corp spend its money?
Volunteer Square Corp reported $64K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Volunteer Square Corp tax-deductible?
Volunteer Square Corp is registered as a tax-exempt nonprofit (EIN: 274166350). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Volunteer Square Corp located?
Volunteer Square Corp is headquartered in Darien, Connecticut and files with the IRS under EIN 274166350. It is classified under NTEE code S50.
How many years of IRS 990 filings does Volunteer Square Corp have?
Volunteer Square Corp has 9 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 $64K in total revenue.
Filing History
IRS 990 filing history for Volunteer Square Corp showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Volunteer Square Corp's revenue has declined by 45.3%, moving from $114K to $62K. Total assets decreased by 86% over the same period, from $99K to $14K. Total functional expenses fell by 33.5%, from $118K to $79K. In its most recent filing year (2019), Volunteer Square Corp reported a deficit of $16K, with expenses exceeding revenue. The organization holds $16K in liabilities against $14K in assets (debt-to-asset ratio: 116.1%), resulting in net assets of $-2,240.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $62K | $79K | $14K | $16K | — | View 990 |
| 2018 | $62K | $85K | $14K | $0 | — | View 990 |
| 2017 | $76K | $86K | $39K | $0 | — | View 990 |
| 2016 | $48K | $71K | $50K | $0 | — | View 990 |
| 2015 | $38K | $116K | $73K | $0 | — | View 990 |
| 2014 | $11K | $153K | $151K | $0 | — | View 990 |
| 2013 | $300K | $125K | $258K | $0 | — | View 990 |
| 2012 | $111K | $127K | $83K | $0 | — | View 990 |
| 2011 | $114K | $118K | $99K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $62K, expenses of $79K, and assets of $14K (revenue +-0.0% year-over-year).
- 2018: Revenue of $62K, expenses of $85K, and assets of $14K (revenue -17.6% year-over-year).
- 2017: Revenue of $76K, expenses of $86K, and assets of $39K (revenue +58.2% year-over-year).
- 2016: Revenue of $48K, expenses of $71K, and assets of $50K (revenue +25.1% year-over-year).
- 2015: Revenue of $38K, expenses of $116K, and assets of $73K (revenue +237.1% year-over-year).
- 2014: Revenue of $11K, expenses of $153K, and assets of $151K (revenue -96.2% year-over-year).
- 2013: Revenue of $300K, expenses of $125K, and assets of $258K (revenue +170.0% year-over-year).
- 2012: Revenue of $111K, expenses of $127K, and assets of $83K (revenue -2.5% year-over-year).
- 2011: Revenue of $114K, expenses of $118K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Volunteer Square Corp:
Data Sources and Methodology
This transparency report for Volunteer Square Corp 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.