Nonprofit · EIN 87-3785168
SQUARE ONE ACTION FUND
Tax-exempt · WASHINGTON, DC 20003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $5,500 | $6,101 | -$601 | $107 | $383 | -$276 |
| June 30, 2024 | 990-EZ | $8,550 | $11,348 | -$2,798 | $325 | – | $325 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,500
Expenses
- Grants and similar amounts paid
- $5,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $416
- Professional fees and payments to contractors
- $358
- Other expenses
- $327
- Program services (functional)
- $5,250
Balance sheet and other
- Total assets, start of year
- $325
- Total assets, end of year
- $107
- Total liabilities, end of year
- $383
- Net assets, end of year
- -$276
- Cash, savings and investments
- $107
- Gross receipts
- $5,500
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SANJAY SATHE | DIRECTOR | 0.5 | $0 |
| WILLIAM LEVITT | PRESIDENT | 1 | $0 |
| ANITA SATHE | TREASURER | 0.5 | $0 |
| MITI SATHE | CHAIRMAN | 0.5 | $0 |
990-EZ for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William Levitt | President | 1 | $0 |
| Anita Sathe | Treasurer | 0.5 | $0 |
| Miti Sathe | Chairman | 0.5 | $0 |
| Sanjay Sathe | Director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 15845, WASHINGTON, DC 20003-0845
- In care of
- % WILL LEVITT
- Signed the 990-EZ
- TONY VARGAS, PRESIDENT
- Phone
- (202) 552-0221
- Return prepared by
- MBA CONSULTING GROUP
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 accomplishments
- 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. MADE A CONTRIBUTION TO AN ALIGNED 501(C) (4)'S PRIMARY PURPOSE WORK.Expenses $5,250 · grants $5,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-3785168
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S21)
- Assets (IRS master file)
- $107
- Income (IRS master file)
- $5,500
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $5,500 | $6,101 | $107 | IRS |
| 990-EZ | June 2024 | $8,550 | $11,348 | $325 | IRS |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | 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 87-3785168).
Questions about SQUARE ONE ACTION FUND
- What is the EIN of SQUARE ONE ACTION FUND?
- The employer identification number (EIN) of SQUARE ONE ACTION FUND is 87-3785168.
- Is SQUARE ONE ACTION FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2022.
- Are donations to SQUARE ONE ACTION FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SQUARE ONE ACTION FUND file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of SQUARE ONE ACTION FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SQUARE ONE ACTION FUND last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of SQUARE ONE ACTION FUND?
- The 990-EZ for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does SQUARE ONE ACTION FUND have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $5,500, expenses of $6,101 and total assets of $107 at year end.
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All nonprofits in WASHINGTON · District of Columbia · Community improvement and capacity building