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Nonprofiteer
← SQUARED NETWORK

Form 990 for tax year 2023

Filed by SQUARED NETWORK.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 29 April 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$346,733 changed to $578,026
Total expenses
$37,756 changed to $431,840
Contributions and grants received
$346,733 changed to $578,026
Total assets, end of year
$317,682 changed to $469,649
Total liabilities, end of year
$8,705 changed to $14,486
Net assets or fund balances, end of year
$308,977 changed to $455,163
Program services expenses
$35,699 changed to $375,601
Management and general expenses
$2,057 changed to $46,230
Fundraising expenses
$0 changed to $10,009
Program service expenses (Part III)
$35,699 changed to $375,601

Listed only on the earlier return

  • Bella Gribov

Listed under a different title

  • John Okhiulu: BOARD MEMBER then SECRETARY AND TREASURER

Totals

Total revenue
$346,733
Total expenses
$37,756
Contributions and grants received
$346,733
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$317,682
Total liabilities, end of year
$8,705
Net assets or fund balances, end of year
$308,977
Program services expenses (Part IX)
$35,699
Management and general expenses
$2,057
Fundraising expenses
$0
Program service expenses (Part III)
$35,699

Program services were 94.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $346,733

  • 1g · Noncash contributions included above

    $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $2,020 · management and general $2,020

  • 11g · Fees: other

    total $31,074 · program services $31,074

  • 14 · Information technology

    total $90 · program services $90

  • 17 · Travel

    total $4,035 · program services $4,035

  • 19 · Conferences, conventions and meetings

    total $500 · program services $500

  • 24a · Other expenses: DUES & SUBSCRIPTIONS

    total $23 · program services $0 · management and general $23 · fundraising $0

  • 24b · Other expenses: BANK CHARGES & PROCESSING FEES

    total $14 · program services $0 · management and general $14 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $167,682

  • 3 · Pledges and grants receivable

    end of year $150,000

  • 17 · Accounts payable and accrued expenses

    end of year $8,705

  • 27 · Net assets without donor restrictions

    beginning of year $0 · end of year $308,977

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

WE AIM TO EXPAND THE IMPACT OF THE SQUARED EXPERIENCE BY FORGING NEW PARTNERSHIPS BETWEEN INCREDIBLE STUDENTS, HOST CAMPUSES, AND FINANCIAL SUPPORTERS.

  • GENERAL PROGRAM - THE SQUARED NETWORK AIMS TO EXPAND A STEM AND COLLEGE ACCESS PROGRAM FOR FIRST GENERATION AND LOW-INCOME STUDENTS. OUR GENERAL PROGRAM IS THE PART OF OUR COMPANY THAT WORKS ON EXPANSION, LOOKING AT PARTNER SCHOOLS, RAISING FUNDS FOR STARTING NEW PROGRAMS, AND STRATEGIZES ON OPERATIONS AS A NETWORK OF PROGRAM. WE ARE STARTING A SUMMER PROGRAM THIS SUMMER WHICH WILL FALL UNDER A SEPARATE PROGRAM!

    Expenses $35,699

As filed on the 2023 return.

Listed in Part VII

  • Garland Lasater

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    6

  • Helen Obermeyer

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    6

  • Bella Gribov

    SECRETARY AND TREASURER

    Total calculated
    $0
    Hours/week
    2

  • John Okhiulu

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Nicholas Favaloro

    CEO

    Total calculated
    $0
    Hours/week
    50

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
7 March 2024
IRS schema version
2023v4.0
Source object
202400679349301130

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