Civic Intelligence

Townsquare Cares Inc.

990EZ • Fiscal year 2016 • EIN 27-4657966

Jun 01, 2015 to May 31, 2016 • Filed on Jan 10, 2017

Organization ProfileTOWNSQUARECARES.COM
240 Greenwich AvenueGreenwich, CT 06830

(203) 861-0900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

89th percentile

0.20x

Higher debt load relative to assets than 89% of similar nonprofits.

2016 filings • NTEE W30 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

99th percentile

6.73x

Higher debt load relative to revenue than 99% of similar nonprofits.

2016 filings • NTEE W30 • <$500k nonprofits • Source year 2016

Net Margin

2nd percentile

-530%

Higher net margin than 2% of similar nonprofits.

2016 filings • NTEE W30 • <$500k nonprofits • Source year 2016

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • NTEE W • <$500k nonprofits • Source year 2016

Asset Growth

51st percentile

4.3%

Faster asset growth than 51% of similar nonprofits.

2016 filings • NTEE W30 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$221,541

Up $9,233 (+4.3%) from 2015

Net Assets

Down

$178,177

Down $34,131 (-16%) from 2015

Liabilities

Up

$43,364

Up $43,364 from 2015

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin2nd percentile

Revenue

Up

$6,445

Up $6,445 from 2015

Expenses

Up

$40,576

Up $40,204 (+10808%) from 2015

Net Income

Down

-$34,131

Down $33,759 (-9075%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2013: $210,796Liabilities 2013: $0Net Assets 2013: $210,7962013Assets 2014: $212,680Liabilities 2014: $0Net Assets 2014: $212,6802014Assets 2015: $212,308Liabilities 2015: $0Net Assets 2015: $212,3082015Assets 2016: $221,541Liabilities 2016: $43,364Net Assets 2016: $178,1772016Assets 2017: $221,541Liabilities 2017: $43,264Net Assets 2017: $178,2772017Assets 2018: $216,541Liabilities 2018: $43,314Net Assets 2018: $173,2272018Assets 2019: $216,541Liabilities 2019: $43,364Net Assets 2019: $173,1772019Assets 2020: $216,541Liabilities 2020: $43,402Net Assets 2020: $173,1392020Assets 2021: $216,541Liabilities 2021: $43,452Net Assets 2021: $173,0892021Assets 2022: $216,541Liabilities 2022: $43,552Net Assets 2022: $172,9892022

Highlighted filing

2016

Assets$221,541
Liabilities$43,364
Net Assets$178,177
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20K-$40KRevenue 2013: $710Expenses 2013: $2,282Net Income 2013: -$1,5722013Revenue 2014: $2,004Expenses 2014: $120Net Income 2014: $1,8842014Revenue 2015: $0Expenses 2015: $372Net Income 2015: -$3722015Revenue 2016: $6,445Expenses 2016: $40,576Net Income 2016: -$34,1312016Revenue 2017: $200Expenses 2017: $100Net Income 2017: $1002017Revenue 2018: $0Expenses 2018: $5,050Net Income 2018: -$5,0502018Revenue 2019: $0Expenses 2019: $50Net Income 2019: -$502019Revenue 2020: $0Expenses 2020: $38Net Income 2020: -$382020Revenue 2021: $0Expenses 2021: $50Net Income 2021: -$502021Revenue 2022: $0Expenses 2022: $100Net Income 2022: -$1002022

Highlighted filing

2016

Revenue$6,445
Expenses$40,576
Net Income-$34,131
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Jan 10, 2017
Return Version
2015v3.0
Gross Receipts
$6,445
Mission and Program Overview

Mission

The organizatiion is dedicated to supporting the troops and improving the lives of the active military and their families.

Program Services

DescriptionGrantsExpenses
SUPPORTING THE TROOPS AND IMPROVING THE LIVES OF THE ACTIVE MILITARY AND THEIR FAMILIES$40,516$40,516
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVEN PRICEPresident-$0--
STUART ROSENSTEINTreasurer-$0--
ALEX BERKETTSecretary-$0--
DHRUV PRASADDirector-$0--
SCOTT SCHATZDirector-$0--
Filing and Contact Details

Filer

Filer Name
Townsquare Cares Inc
EIN
27-4657966
Phone
2038610900
Address
240 GREENWICH AVENUE, GREENWICH, CT 06830

Signing Officer

Name
Stuart Rosenstein
Title
Treasurer
Phone
2038610900
Signed
2017-01-10
Discuss with paid preparer
Yes

Preparer

Firm
Cornick Garber & Sandler Llp
Address
825 THIRD AVENUE, NEW YORK, NY 10022
Preparer
Michele Rosenberg
Phone
2125573900
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: FILING FEES. Amount: 60.”

FORM 990-EZ, PART I, LINE 10, GRANTS AND SIMILAR AMOUNTS PAID:

“Townsquare cares, inc., in the furtherance of their mission, distributed gift cards totaling $40,516 to needy military families.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: DUE TO TOWNSQUARE RADIO. Beg. of Year Amount: 0. End of Year Amount: 43,364.”

Raw XML Appendix149 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TOWNSQUARE MEDIA LLC
IRS990EZ/BooksInCareOfDetail/PhoneNum02038610900
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0240 GREENWICH AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GREENWICH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006830
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0212308
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0221541
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt06445
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-34131
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0212308
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0221541
IRS990EZ/GrantsAndSimilarAmountsPaidAmt040516
IRS990EZ/GrossReceiptsAmt06445
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0212308
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0178177
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0212308
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0178177
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEVEN PRICE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STUART ROSENSTEIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ALEX BERKETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DHRUV PRASAD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SCOTT SCHATZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt060
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATIION IS DEDICATED TO SUPPORTING THE TROOPS AND IMPROVING THE LIVES OF THE ACTIVE MILITARY AND THEIR FAMILIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORTING THE TROOPS AND IMPROVING THE LIVES OF THE ACTIVE MILITARY AND THEIR FAMILIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt040516
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt040516
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CT
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt043364
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt040576
IRS990EZ/TotalProgramServiceExpensesAmt040516
IRS990EZ/TotalRevenueAmt06445
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0TOWNSQUARECARES.COM
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0687
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0212356
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0221488
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt054
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0221488
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06445
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0687
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0212356
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0221488
IRS990ScheduleA/TotalSupportAmt0221542
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: FILING FEES. Amount: 60.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TOWNSQUARE CARES, INC., IN THE FURTHERANCE OF THEIR MISSION, DISTRIBUTED GIFT CARDS TOTALING $40,516 TO NEEDY MILITARY FAMILIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: DUE TO TOWNSQUARE RADIO. Beg. of Year Amount: 0. End of Year Amount: 43,364.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10, GRANTS AND SIMILAR AMOUNTS PAID:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STUART ROSENSTEIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02038610900
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Townsquare Cares Inc
ReturnHeader/Filer/BusinessNameControlTxt0TOWN
ReturnHeader/Filer/EIN0274657966
ReturnHeader/Filer/PhoneNum02038610900
ReturnHeader/Filer/USAddress/AddressLine1Txt0240 GREENWICH AVENUE
ReturnHeader/Filer/USAddress/CityNm0GREENWICH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006830
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132620561
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CORNICK GARBER & SANDLER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0825 THIRD AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010022
ReturnHeader/PreparerPersonGrp/PhoneNum02125573900
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELE ROSENBERG
ReturnHeader/ReturnTs02017-01-16T09:17:35-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-06-01
ReturnHeader/TaxPeriodEndDt02016-05-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$221,541
Liabilities
$43,364
Net assets
$178,177
Revenue
$6,445
Expenses
$40,576
Net income
-$34,131
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.17$0.44$1.73$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.17$0.43$1.73$0.00$0.00$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.17$0.43$1.73$0.00$0.00$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.17$0.43$1.73$0.00$0.00$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.17$0.43$1.73$0.00$0.05$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.43$1.78$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$2.22$0.43$1.78$0.06$0.41$0.34
2015Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$0.02$0.00$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.00$2.11$0.01$0.02$0.02