Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.19x
Liabilities / Revenue
74th percentile
Higher debt load relative to revenue than 74% of similar nonprofits.
Net Margin
84th percentile
Higher net margin than 84% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 7.8% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$10,285
No earlier filing loaded for comparison.
Net Assets
$8,369
No earlier filing loaded for comparison.
Liabilities
$1,916
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$25,000
No earlier filing loaded for comparison.
Expenses
$16,631
No earlier filing loaded for comparison.
Net Income
$8,369
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2021 to Jun 30, 2022
- Signed
- Sep 1, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $25,000
Mission and Program Overview
Mission
Square One Action Fund (SOAF) builds political infrastructure for rising leaders in underrepresented communities committed to improving the lives of others in their community, particularly rising leaders from communities of color. Recognizing on the one hand the substantial barriers to entry that underrepresented leaders face when seeking office and influencing policy decisions, and on the other hand the outsized suffering faced by their communities, SOAF works directly to help the most promising of these leaders break through, providing the resources, connection and organizational know-how that drives impact and improves community members' lives.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Square One Action fund began operations in 2021 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| William Levitt | President | - | $0 | $1,950 | $1,950 |
| Anita Sathe | Treasurer | - | $0 | - | - |
| Miti Sathe | Chairman | - | $0 | - | - |
| Sanjay Sathe | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Square One Action Fund
- EIN
- 87-3785168
- Phone
- 2025520221
- Address
- 611 Pennsylvania Ave SE 143, Washington, DC 20003
Signing Officer
- Name
- William Levitt
- Title
- President
- Signed
- 2022-09-01
- Discuss with paid preparer
- Yes
Preparer
- Firm
- MBA Consulting Group
- Address
- 611 Pennsylvania Ave SE Num 143, Washington, DC 20003
- Preparer
- Katherine Cassell
- Phone
- 2025520221
Supplemental Narrative
Additional Explanations
Other Expenses.1
“Bank Fees $36”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $75”
Total Liabilities.1
“Due To/From - Beginning $0 Due To/From - Ending $1841”
Part IV Column (A) Name and Title
“William Levitt and Anita Sathe are Directors in addition to their officer titles.”
Part IV Column (E) Est Amount of Other Compensation
“Square One Action Fund reimbursed Square One Politics 527 for its share of Salary related expenses.”
Raw XML Appendix120 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.
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|---|---|---|
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| IRS990EZ/ApplicationPendingInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MBA Consulting Group |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2025520221 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 611 Pennsylvania Ave SE 143 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Washington |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | DC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 20003 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 10285 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 25000 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 8369 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 14491 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 10285 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 25000 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIVInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 8369 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 8369 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 1950 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | William Levitt |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Anita Sathe |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Miti Sathe |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Sanjay Sathe |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 36 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Square One Action Fund (SOAF) builds political infrastructure for rising leaders in underrepresented communities committed to improving the lives of others in their community, particularly rising leaders from communities of color. Recognizing on the one hand the substantial barriers to entry that underrepresented leaders face when seeking office and influencing policy decisions, and on the other hand the outsized suffering faced by their communities, SOAF works directly to help the most promising of these leaders break through, providing the resources, connection and organizational know-how that drives impact and improves community members' lives. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Square One Action fund began operations in 2021 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 2104 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1916 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 16631 |
| IRS990EZ/TotalRevenueAmt | 0 | 25000 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Bank Fees $36 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $75 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Due To/From - Beginning $0 Due To/From - Ending $1841 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | William Levitt and Anita Sathe are Directors in addition to their officer titles. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Square One Action Fund reimbursed Square One Politics 527 for its share of Salary related expenses. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Total Liabilities.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part IV Column (a) Name and Title |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part IV Column (e) Est Amount of Other Compensation |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | William Levitt |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-09-01 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Square One Action Fund |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SQUA |
| ReturnHeader/Filer/EIN | 0 | 873785168 |
| ReturnHeader/Filer/PhoneNum | 0 | 2025520221 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 611 Pennsylvania Ave SE 143 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Washington |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | DC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 20003 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 471028527 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MBA Consulting Group |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 611 Pennsylvania Ave SE Num 143 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Washington |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | DC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 20003 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2025520221 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Katherine Cassell |
| ReturnHeader/ReturnTs | 0 | 2022-09-01T09:21:14-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | William |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Levitt |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-06-30 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $10,285
- Liabilities
- $1,916
- Net assets
- $8,369
- Revenue
- $25,000
- Expenses
- $16,631
- Net income
- $8,369
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.33 | $0.33 | $8.55 | $11.3 | $2.80 | |
| 2023Detailed filing. Detailed filing data is available for this year. | $3.33 | $0.21 | $3.12 | $10.0 | $15.3 | $5.32 |
| 2022Detailed filing. Detailed filing data is available for this year. | $10.3 | $1.92 | $8.37 | $25.0 | $16.6 | $8.37 |