Citysquare

Nonprofit profile at a glance

EIN
752332948
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Paris, TX, USA
Phone
2148238710
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services N.E.C.

Official website

Reported finances

Revenue
$11,369,022
Expenses
$20,022,486
Assets
$3,112,556
Liabilities
$506,846

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • ANNAM MANTHIRAM (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • ANNAM MANTHIRAM (CHIEF EXECUTIVE OFFICER): $386,765 total reported compensation
  • KARLA GOSS (CHIEF FINANCIAL OFFICER): $227,129 total reported compensation
  • SARA CRAIG (CHIEF DEVELOPMENT OFFICER): $221,174 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization is a social justice organization fighting the causes and effects of poverty through an interlocking network of programs organized into four verticles: hunger, health, housing, and hope.

What it reported doing in 2024

Citysquare fights the effects of poverty through a holistic, neighbor-centered approach by supporting neighbors to obtain and maintain permanent and affordable housing, promoting the availability of adequate income supports and financial stability for neighbors, strengthening connections to support, and by providing accessible, affordable, and healthy food to neighbors. Our comprehensive service model considers the full spectrum of social, behavioral, physical, and environmental needs to enable individuals and families' ability to thrive and allows neighbors to benefit from integrated services. Below are highlights of programs offered by citysquare and some of the key achievements of 2024. (continued on schedule o:) on may 16, 2024, the citysquare board of directors voted to cease all operations as of november 30, 2024. The leadership team worked to merge citysquare programs with other established non-profit organizations that made the most financial and programmatic sense and that would continue to serve the best interest of citysquare's neighbors. On july 15, 2024, the citysquare board of directors voted to accept an offer from the stewpot to purchase the opportunity center located at 1610 s. Malcolm x. Blvd., dallas, tx 75226. The stewpot plans to continue operating the neighbor resource center and the food pantry at this location.housing programs: citysquare has several unique housing programs that provide 317 units of housing in dallas. As a strong advocate of housing first, citysquare believes in providing wraparound services that support individuals in maintaining their housing long term. For example, citysquare provides case management services to ensure individuals obtain appropriate referrals, have support in meeting their own personal goals, and are engaged in program activities that promote community. In 2024, 98% of all neighbors housed in permanent or rapid supporting housing, maintained housing for 6 or more months.

Operating model

Revenue model
Donor-supported. 60% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 68% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 83
  • Accountability: 91
  • Sustainability: 15
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 80%; rating input score 80
  • Fundraising efficiency: $23.3 raised per $1 spent on fundraising; rating input score 61; 61st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -76.1%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.16; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 4.9%; rating input score 52; 52nd percentile among comparable filings

Growth

  • Program expense growth: 6% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: 4.1% per year; rating input score 100; 35th percentile among comparable filings
  • Asset growth: -3.6% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 80% of spending went to programs
  • Governance: 3 of 3 board members independent · 7 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $16M in reported program spending
  • Leadership: top reported pay $387K · 16 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $761K reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 27 filed money-flow records
  • Related organizations: 21 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 1/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 52/100.