Nonprofit · EIN 56-2489014
TOWN SQUARE INC
Tax-exempt · BROOKLYN, NY 11222
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $107,852 | $101,778 | $6,074 | $201,317 | $8,261 | $193,056 |
| December 31, 2023 | 990 | $105,782 | $157,208 | -$51,426 | $198,124 | $11,142 | $186,982 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $43,396
- of which government grants
- $27,000
- Program service revenue
- $64,456
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $30,000
- Salaries, compensation and benefits (total)
- $32,924
- Professional fundraising fees
- $0
- Accounting fees
- $600
- Occupancy
- $7,660
- Travel
- $2,937
- Program services (functional)
- $100,990
- Management and general (functional)
- $788
Balance sheet and other
- Total assets, start of year
- $198,124
- Total assets, end of year
- $201,317
- Total liabilities, end of year
- $8,261
- Net assets, end of year
- $193,056
- Gross receipts
- $107,852
- Employees
- 1
- Year formed
- 2004
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN ANDERSON | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $30,000 |
| NANCY HERNANDEZ | TREASURER Trustee or director, Officer | 5 | $0 |
| YVETTE MORAN | DIRECTOR Trustee or director | 2 | $0 |
| Sonia Hanson | CHAIRPERSON Trustee or director, Officer | 3 | $0 |
| Mariusz Glazewski | SECRETARY Trustee or director, Officer | 3 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN ANDERSON | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $40,000 |
| NANCY HERNANDEZ | TREASURER Trustee or director, Officer | 5 | $0 |
| YVETTE MORAN | DIRECTOR Trustee or director | 2 | $0 |
| Sonia Hanson | CHAIRPERSON Trustee or director, Officer | 3 | $0 |
| Mariusz Glazewski | SECRETARY Trustee or director, Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 102 OAK ST, BROOKLYN, NY 11222-2514
- In care of
- % SUSAN ANDERSON
- Principal officer (990 for 2024)
- SUSAN ANDERSON, 102 OAK STREET, BROOKLYN, NY 11222
- Signed the 990
- SUSAN ANDERSON, DIRECTOR
- Phone
- (718) 609-1090
- Website
- WWW.TOWNSQUAREBK.ORG
- Return prepared by
- Wisdom Professional Services Inc
Mission
THE MISSION IS TO BUILD A VIBRANT COMMUNITY AND ENRICH THE QUALITY OF OUR LIVES THROUGH ACTIVITIES THAT INSPIRE CREATIVITY AND IMAGINATION, TEACH RESPECT AND COOPERATION, AND CELEBRATE THE JOY AROUND US
Program accomplishments
- TOWN SQUARE OFFERS YOUTH, FAMILY AND COMMUNITY BUILDING SERVICES AND PROGRAMS THAT INCLUDES COMMUNITY CHESS, EXPOS FOR PARENTS, SCHOOL FAIRS AND WORKSHOPS, FAMILY MUSIC AND MOVIE PROGRAMS, ENVIRONMENTAL FESTIVALS AND RECYCLING INITIATIVES, AND CIVIC EVENTS SUCH AS SPRING EGG HUNT, PUMPKIN DAY, CHILDRENS HALLOWEEN PARADE, AND SANTA BRUNCH AMONG OTHERS.Expenses $100,990 · grants $27,000 · revenue $107,852
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2489014
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $201,317
- Income (IRS master file)
- $107,852
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $107,852 | $101,778 | $201,317 | XML |
| 990 | December 2023 | $105,782 | $157,208 | $198,124 | XML |
| 990 | December 2022 | $152,773 | $179,854 | $244,336 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2489014).
Questions about TOWN SQUARE INC
- What is the EIN of TOWN SQUARE INC?
- The employer identification number (EIN) of TOWN SQUARE INC is 56-2489014.
- Is TOWN SQUARE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to TOWN SQUARE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TOWN SQUARE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TOWN SQUARE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TOWN SQUARE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TOWN SQUARE INC?
- The 990 for the year ended December 31, 2024 names SUSAN ANDERSON.
- Who are the officers and directors of TOWN SQUARE INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $30,000 (SUSAN ANDERSON, EXECUTIVE DIRECTOR).
- How much revenue does TOWN SQUARE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $107,852, expenses of $101,778 and total assets of $201,317 at year end.
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