Civic Intelligence

Squares Squared Inc

990EZ • Fiscal year 2020 • EIN 82-1471372

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

1 Oak Hill RoadWorcester, MA 01609

(617) 501-7549

Siviq Scores

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

Liabilities / Assets

65th percentile

0.03x

Higher debt load relative to assets than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.03x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

91st percentile

58%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

90th percentile

117%

Faster asset growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

16th percentile

-61%

Faster revenue growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$49,382

Up $26,603 (+117%) from 2019

Net Assets

Up

$47,982

Up $26,603 (+124%) from 2019

Liabilities

Flat

$1,400

Flat from 2019

Revenue

Down

$46,254

Down $72,304 (-61%) from 2019

Expenses

Down

$19,651

Down $61,673 (-76%) from 2019

Net Income

Down

$26,603

Down $10,631 (-29%) from 2019

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20KAssets 2017: $5,051Liabilities 2017: $0Net Assets 2017: $5,0512017Assets 2018: $23,153Liabilities 2018: $39,008Net Assets 2018: -$15,8552018Assets 2019: $22,779Liabilities 2019: $1,400Net Assets 2019: $21,3792019Assets 2020: $49,382Liabilities 2020: $1,400Net Assets 2020: $47,9822020Assets 2021: $23,412Liabilities 2021: $9,193Net Assets 2021: $14,2192021

Highlighted filing

2020

Assets$49,382
Liabilities$1,400
Net Assets$47,982

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $164,074Expenses 2017: $159,023Net Income 2017: $5,0512017Revenue 2018: $158,248Expenses 2018: $179,154Net Income 2018: -$20,9062018Revenue 2019: $118,558Expenses 2019: $81,324Net Income 2019: $37,2342019Revenue 2020: $46,254Expenses 2020: $19,651Net Income 2020: $26,6032020Revenue 2021: $170,799Expenses 2021: $204,562Net Income 2021: -$33,7632021

Highlighted filing

2020

Revenue$46,254
Expenses$19,651
Net Income$26,603
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$46,254
Mission and Program Overview

Mission

The purpose of which this corporation is formed is to organize and to promote art exhibitions and cultural events in and around worcester, massachusetts and in the surrounding communities; to advocate for and promote arts education

Program Services

DescriptionGrantsExpenses
ORGANIZE AND OPERATE PUBLIC ART EXHIBITIONS AND CULTURAL EVENTS$4,000$18,251
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESSICA WALSHPresidentPT$0--
MARK A BORENSTEINVice President-$0--
SAM BONACCIDirector-$0--
BRENDA NIKAS-HAYESDirector-$0--
TRAVIS DUDADirector-$0--
MICHAEL PETRUCCIDirector-$0--
TIMOTHY GARVINDirector-$0--
LISA DREXHAGETreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Squares Squared Inc
EIN
82-1471372
Phone
6175017549
Address
1 OAK HILL ROAD, WORCESTER, MA 01609

Signing Officer

Name
Lisa Drexhage
Title
Treasurer
Phone
6175017549
Signed
2021-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Bollus Lynch Llp
Address
89 SHREWSBURY STREET, WORCESTER, MA 01604
Preparer
Mark G Wojcicki
Phone
5087557107
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: donation. Grantee name: ajsf, inc. . Grantee address: 38 harlow street worcester, ma 01605. Grantee relationship: none. Property description: cash. Date of gift: 02/22/20. Amount given: 1,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: donation. Grantee name: united way of central massachusetts. Grantee address: 484 main street ste 300 worcester, ma 01605. Grantee relationship: none. Property description: cash. Date of gift: 08/18/20. Amount given: 1,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: donation. Grantee name: worcester public schools. Grantee address: 24 chatham street worcester, ma 01609. Grantee relationship: none. Property description: cash. Date of gift: 02/26/20. Amount given: 2,000. Total included on form 990-ez, line 10: 4,000.

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

Description: event supplies. Amount: 476. Description: merchandise. Amount: 46. Description: misc. Amount: 22. Total to form 990-ez, line 16: 544.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid supplies. Beg. Of year amount: 5,230. End of year amount: 7,150.

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

Description: accounts payable. Beg. Of year amount: 1,400. End of year amount: 1,400.

Raw XML Appendix187 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum06175017549
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PRINCETON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JESSICA WALSH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARK A BORENSTEIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SAM BONACCI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BRENDA NIKAS-HAYES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TRAVIS DUDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MICHAEL PETRUCCI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6TIMOTHY GARVIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7LISA DREXHAGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0544
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF WHICH THIS CORPORATION IS FORMED IS TO ORGANIZE AND TO PROMOTE ART EXHIBITIONS AND CULTURAL EVENTS IN AND AROUND WORCESTER, MASSACHUSETTS AND IN THE SURROUNDING COMMUNITIES; TO ADVOCATE FOR AND PROMOTE ARTS EDUCATION
IRS990EZ/PrintingPublicationsPostageAmt01587
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ORGANIZE AND OPERATE PUBLIC ART EXHIBITIONS AND CULTURAL EVENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt018251
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.POWWOWWORCESTER.COM
IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0161461
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IRS990ScheduleA/TotalSupportAmt0490458
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: DONATION. GRANTEE NAME: AJSF, INC. . GRANTEE ADDRESS: 38 HARLOW STREET WORCESTER, MA 01605. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 02/22/20. AMOUNT GIVEN: 1,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: DONATION. GRANTEE NAME: UNITED WAY OF CENTRAL MASSACHUSETTS. GRANTEE ADDRESS: 484 MAIN STREET STE 300 WORCESTER, MA 01605. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 08/18/20. AMOUNT GIVEN: 1,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: DONATION. GRANTEE NAME: WORCESTER PUBLIC SCHOOLS. GRANTEE ADDRESS: 24 CHATHAM STREET WORCESTER, MA 01609. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 02/26/20. AMOUNT GIVEN: 2,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 4,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: EVENT SUPPLIES. AMOUNT: 476. DESCRIPTION: MERCHANDISE. AMOUNT: 46. DESCRIPTION: MISC. AMOUNT: 22. TOTAL TO FORM 990-EZ, LINE 16: 544.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: PREPAID SUPPLIES. BEG. OF YEAR AMOUNT: 5,230. END OF YEAR AMOUNT: 7,150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 1,400. END OF YEAR AMOUNT: 1,400.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LISA DREXHAGE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06175017549
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SQUARES SQUARED INC
ReturnHeader/Filer/BusinessNameControlTxt0SQUA
ReturnHeader/Filer/EIN0821471372
ReturnHeader/Filer/PhoneNum06175017549
ReturnHeader/Filer/USAddress/AddressLine1Txt01 OAK HILL ROAD
ReturnHeader/Filer/USAddress/CityNm0WORCESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001609
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043037870
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOLLUS LYNCH LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt089 SHREWSBURY STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WORCESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001604
ReturnHeader/PreparerPersonGrp/PhoneNum05087557107
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK G WOJCICKI
ReturnHeader/ReturnTs02021-11-12T08:20:21-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LISA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DREXHAGE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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