Squareup Foundation Inc

Nonprofit profile at a glance

EIN
851496288
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025
Location
Chattanooga, TN, USA
Phone
4235513279
Rating
38
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$76,966
Expenses
$70,180
Assets
$52,491
Liabilities
$3,100

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • HENRY COREY (PRESIDENT/DIRECTOR)

People named in this filing

  • HENRY COREY (PRESIDENT/DIRECTOR)
  • JAMES HOLLAND (SECRETARY/TREASURER/DIRECT)
  • ROBERT POITRAS (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation is organized exclusively for charitable, scientific, literary or educational purposes within the meaning of irc section 501(c)(3). In furtherance of such purposes, the corporation shall engage in charitable and educational activities, and support other charitable and educational organizations, all as selected by the board of directors, and more particularly, make grants to alleviate poverty, address hunger and provide educational opportunities to the general public and to organize events and promote fundraising related to such activities. For such exclusively public purposes and not otherwise, the corporation will act to solicit, collect, receive, accumulate, administer, and disburse funds and property in such a manner which will most effectively operate to further the charitable purposes of the corporation.

What it reported doing in 2025

The sole program service accomplishment was to distribute grants to alleviate poverty, address hunger, and provide educational opportunities to the general public, and to organize events and promote fundraising related to such activities.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 48
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 8.8%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 0.75; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 6.9% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 20.2% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • Review — Sustainability: Operating margin scored 59/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.