Civic Intelligence

Union Square Foundation

990 • Fiscal year 2020 • EIN 82-2194802

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 30, 2020

323 Geary Street No 203San Francisco, CA 94102

(415) 781-7880

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.02x

Higher debt load relative to assets than 42% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

39th percentile

0.02x

Higher debt load relative to revenue than 39% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

92nd percentile

59%

Higher net margin than 92% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

92nd percentile

134%

Faster asset growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

89th percentile

69%

Faster revenue growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$625,624

Up $357,823 (+134%) from 2019

Net Assets

Up

$615,083

Up $364,234 (+145%) from 2019

Liabilities

Down

$10,541

Down $6,411 (-38%) from 2019

Revenue

Up

$614,566

Up $250,548 (+69%) from 2019

Expenses

Down

$250,332

Down $117,878 (-32%) from 2019

Net Income

Up

$364,234

Up $368,426 (+8789%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2018: $317,023Liabilities 2018: $61,983Net Assets 2018: $255,0402018Assets 2019: $267,801Liabilities 2019: $16,952Net Assets 2019: $250,8492019Assets 2020: $625,624Liabilities 2020: $10,541Net Assets 2020: $615,0832020Assets 2021: $545,470Liabilities 2021: $27,870Net Assets 2021: $517,6002021Assets 2022: $1,217,799Liabilities 2022: $66,959Net Assets 2022: $1,150,8402022Assets 2023: $1,697,253Liabilities 2023: $440,093Net Assets 2023: $1,257,1602023Assets 2024: $1,797,957Liabilities 2024: $560,405Net Assets 2024: $1,237,5522024Assets 2025: $1,766,578Liabilities 2025: $883,489Net Assets 2025: $883,0892025

Highlighted filing

2020

Assets$625,624
Liabilities$10,541
Net Assets$615,083

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $367,740Expenses 2018: $112,700Net Income 2018: $255,0402018Revenue 2019: $364,018Expenses 2019: $368,210Net Income 2019: -$4,1922019Revenue 2020: $614,566Expenses 2020: $250,332Net Income 2020: $364,2342020Revenue 2021: $49,230Expenses 2021: $146,713Net Income 2021: -$97,4832021Revenue 2022: $920,833Expenses 2022: $308,169Net Income 2022: $612,6642022Revenue 2023: $1,216,614Expenses 2023: $1,113,757Net Income 2023: $102,8572023Revenue 2024: $2,556,941Expenses 2024: $2,487,433Net Income 2024: $69,5082024Revenue 2025: $1,830,942Expenses 2025: $2,186,737Net Income 2025: -$355,7952025

Highlighted filing

2020

Revenue$614,566
Expenses$250,332
Net Income$364,234
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 30, 2020
Return Version
2019v5.1
Gross Receipts
$630,734
Mission and Program Overview

Mission

The union square foundation exists to establish a renewed 'sense of place' for the union square area by supporting diverse artistic, cultural, and culinary programs and projects - and by cultivating a welcoming caring community for all humankind.

The union square foundation exists to establish a renewed 'sense of place' for the union square area by supporting divers artistic, cultural, and culinary programs and projects - and by cultivating a welcoming caring community for all humankind.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$258,720$618,453▲ $359,733
Accounts Receivable$8,569$0▼ $8,569
Prepaid Expenses and Deferred Charges$512$7,171▲ $6,659
Total Assets$267,801$625,624▲ $357,823
Liabilities
Accounts Payable and Accrued Expenses$16,952$10,541▼ $6,411
Total Liabilities$16,952$10,541▼ $6,411
Net Assets / Fund Balance
Net Assets With Donor Restrictions$167,873$613,044▲ $445,171
Net Assets Without Donor Restrictions$82,976$2,039▼ $80,937
Total Net Assets Fund Balance$250,849$615,083▲ $364,234
Total Liabilities and Net Assets / Fund Balance$267,801$625,624▲ $357,823
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rick LaubscherPresident
Tad MoorePresident - Until 11/2019
J Timothy FalveyVice-president
Kelly PowersDirector
Ken MancusoDirector
Man J KimDirector
Manuela a KingDirector
Moe JamilDirector
Norman BooneDirector
Ron YenDirector
Gail GilmanDirector - Until 11/2019
Darcy BrownSecretary
Shirley Howard-johnsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Union Square Business Improve DistrictMgmt, Admin, & Programmatic Svc.323 GEARY ST 203, San Francisco, CA 94102$170,644
Revenue and Support

Revenue Composition

Contributions and Grants
$586,850
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$27,716
All Other Contributions
$539,750
Change in Net Assets
$364,234
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$250,332
Total Fundraising Expense$9,494
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$60,706$24,397$8,132$93,235
Fees for Services Accounting-$6,355-$6,355
Insurance-$2,388-$2,388
Office Expenses$387$317$1,087$1,791
Conferences and Meetings-$352$250$602
Other Expenses$35,000$105-$105
Travel$81--$81
All Other Expenses--$25$25
Total Functional Expenses$206,924$33,914$9,494$250,332
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$16,168
Fundraising Gross Income$15,058
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Holiday Rockin Fundraiser$62,158$15,058$1,110$13,948
Total Events$62,158$15,058$16,168$-1,110
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization is managed by the employees of the union square business improvement distrct, a related organization.

Form 990, Part VI, Section B, Line 11B

The treasurer reviews a draft of the form 990. Subsequent to review, the treasurer presents the full 990 copy to the board for review. The board then votes to approve the 990.

Form 990, Part VI, Section B, Line 12C

Board members are required to review and update their conflict of interest forms, listing any conflicts, annually. Board members must recuse themselves in votes or discussions where they may have a conflict.

Form 990, Part VI, Section C, Line 19

Usf documents are available to the public, upon request.

Filing and Contact Details

Filer

Filer Name
Union Square Foundation
EIN
82-2194802
Phone
4157817880
Address
323 GEARY STREET NO 203, SAN FRANCISCO, CA 94102

Signing Officer

Name
Karin Flood
Title
Executive Director
Phone
4157817880
Signed
2020-11-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karin Flood
Formed
2017
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
18

Preparer

Firm
Marcum Llp
Address
1899 L STREET NW SUITE 850, WASHINGTON, DC 20036
Preparer
Frank H Smith
Phone
2022274000
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0512
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07171
IRS990/PrincipalOfficerNm0KARIN FLOOD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0PUBLIC REALM - PUBLIC REALM PROGRAMS HELP FUND PROJECTS TO BEAUTIFY PUBLIC SPACES WITHIN THE UNION SQUARE AREA. PROJECTS INCLUDE ACTIVATING PUBLIC SPACES WITH EVENTS, MUSIC, AND ART, AS WELL AS SEASONAL AND DECORATIVE LIGHTING AND LANDSCAPING. ACTIVATING PUBLIC SPACES WITH POSITIVE ACTIVITIES HELPS DRIVE OUT NEGATIVE BEHAVIORS AND CURATES A MORE WELCOMING ENVIRONMENT FOR ALL TO ENJOY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt063982
IRS990/ProgSrvcAccomActy3Grp/Desc0UNION SQUARE CARES - A COMMUNITY BUILDING PROGRAM THAT PROVIDES COMPASSIONATE AND HUMANE OUTREACH SERVICES TO INDIVIDUALS EXPERIENCING HOMELESSNESS BY CONTRACTING WITH LOCAL NONPROFITS, SUCH AS THE DOWNTOWN STREETS TEAM, WHICH PROVIDES WORKFORCE DEVELOPMENT AND PATHWAYS TO HOUSING. IN ADDITION, THE PROGRAM WORKED WITH MIRACLE MESSAGES, A SERVICE THAT CONNECTS THOSE EXPERIENCING HOMELESSNESS WITH LONG-LOST FRIENDS AND FAMILY MEMBERS. THE CONNECTION WITH THEIR LOVED ONES HELPS DEVELOP THEIR SOCIAL HOME AND A SENSE OF BELONGING AND HOPE AND POSITIVE CHANGE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt035000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt025034
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0363683
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0368210
IRS990/PYOtherRevenueAmt0335
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-4192
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0368210
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0364018
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0364234
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0586850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0363683
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0367740
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01318273
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0103076
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt028826
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0335
IRS990ScheduleA/OtherIncome170Grp/TotalAmt029161
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01275120
IRS990ScheduleA/SubstantialContributorsTotAmt043153
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0586850
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0363683
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0367740
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01318273
IRS990ScheduleA/TotalSupportAmt01347434
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt047100
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt047100
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016168
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt04295
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt04295
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HOLIDAY ROCKIN FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt010763
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt010763
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt062158
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt062158
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015058
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015058
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-1110
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01110
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01110
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS MANAGED BY THE EMPLOYEES OF THE UNION SQUARE BUSINESS IMPROVEMENT DISTRCT, A RELATED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER REVIEWS A DRAFT OF THE FORM 990. SUBSEQUENT TO REVIEW, THE TREASURER PRESENTS THE FULL 990 COPY TO THE BOARD FOR REVIEW. THE BOARD THEN VOTES TO APPROVE THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO REVIEW AND UPDATE THEIR CONFLICT OF INTEREST FORMS, LISTING ANY CONFLICTS, ANNUALLY. BOARD MEMBERS MUST RECUSE THEMSELVES IN VOTES OR DISCUSSIONS WHERE THEY MAY HAVE A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3USF DOCUMENTS ARE AVAILABLE TO THE PUBLIC, UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0UNION SQUARE BUSINESS IMPROVEMENT DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0943159152
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(4)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SERVING ITS MEMBERS AND ENHANCING TOURISM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0323 GEARY STREET SUITE 203
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SAN FRANCISCO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd094102
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0170644
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0UNION SQUARE BUSINESS IMPROVEMENT DISTRICT
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0267801
IRS990/TotalAssetsEOYAmt0625624
IRS990/TotalAssetsGrp/BOYAmt0267801
IRS990/TotalAssetsGrp/EOYAmt0625624
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0586850
IRS990/TotalEmployeeCnt00

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