Civic Intelligence

Square One Action Fund

990EZ • Fiscal year 2023 • EIN 87-3785168

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 12, 2023

530 8th St SEWashington, DC 20003

(202) 552-0221

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.06x

Higher debt load relative to assets than 73% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

66th percentile

0.02x

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

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Net Margin

9th percentile

-53%

Higher net margin than 9% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Asset Growth

5th percentile

-68%

Faster asset growth than 5% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

8th percentile

-60%

Faster revenue growth than 8% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$3,331

Down $6,954 (-68%) from 2022

Net Assets

Down

$3,123

Down $5,246 (-63%) from 2022

Liabilities

Down

$208

Down $1,708 (-89%) from 2022

Revenue

Down

$10,000

Down $15,000 (-60%) from 2022

Expenses

Down

$15,321

Down $1,310 (-7.9%) from 2022

Net Income

Down

-$5,321

Down $13,690 (-164%) from 2022

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2022: $10,285Liabilities 2022: $1,916Net Assets 2022: $8,3692022Assets 2023: $3,331Liabilities 2023: $208Net Assets 2023: $3,1232023Assets 2024: $325Net Assets 2024: $3252024

Highlighted filing

2023

Assets$3,331
Liabilities$208
Net Assets$3,123

Operations Trend

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

$30K$20K$10K$0-$10KRevenue 2022: $25,000Expenses 2022: $16,631Net Income 2022: $8,3692022Revenue 2023: $10,000Expenses 2023: $15,321Net Income 2023: -$5,3212023Revenue 2024: $8,550Expenses 2024: $11,348Net Income 2024: -$2,7982024

Highlighted filing

2023

Revenue$10,000
Expenses$15,321
Net Income-$5,321
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 12, 2023
Return Version
2022v5.0
Gross Receipts
$10,000
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

DescriptionGrantsExpenses
Square One Action Fund laid the groundwork for future programming by researching the current landscape of barriers facing underrepresented leaders, and also researched potential partners and additional program avenues.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William LevittPresident-$0--
Anita SatheTreasurer-$0--
Miti SatheChairman-$0--
Sanjay SatheDirector-$0--
Filing and Contact Details

Filer

Filer Name
Square One Action Fund
EIN
87-3785168
Phone
2025520221
Address
530 8TH ST SE, Washington, DC 20003

Signing Officer

Name
William Levitt
Title
President
Signed
2023-10-12
Discuss with paid preparer
Yes

Preparer

Firm
MBA Consulting Group
Address
611 Pennsylvania Ave SE Num 143, Washington, DC 20003
Preparer
Steve Mele
Phone
2025520221
Supplemental Narrative

Additional Explanations

Other Expenses.1003

Information Technology $125

Other Expenses.1

Bank Fees $263

Total Liabilities.1

Due to/from - Beginning $1841 Due to/from - Ending $208

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 Appendix127 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank Fees $263
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3William Levitt and Anita Sathe are Directors in addition to their officer titles.
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ReturnHeader/TaxYr02022

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