Volunteer Square Corp

Nonprofit profile at a glance

EIN
274166350
IRS 990-EZ coverage
2011–2021
Forms available
Form 990 2013, Form 990-EZ 2021
Location
Norwalk, CT, USA
Phone
2032095781
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Nonprofit Management

Official website

Reported finances

Revenue
$31,654
Expenses
$31,088
Assets
$0
Liabilities
$6,545

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • Jim Bosek (Director)
  • Gavin Pommernelle (Director)
  • Ned Brokaw (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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to create a connection between our thriving volunteer base and the rising needs of nonprofit organizations to collectively make a greater impact on Connecticut communities

What it reported doing in 2021

We continue to build on our successful Professional Development program which helps agencies volunteer cordinators and executive directors stay informed on relevant information which is discussed at monthly meetings. 2) Out high school internship program continues to grow and expand. As volunteer ambassadors in their schools, towns, and peer groups the high school interns are crucial to our organization. They are empowered to create projects they feel strongly about and have demonstrated great leadership skills.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up. 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: 100
  • Sustainability: 21
  • Growth: 40

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: Yes; rating input score 100

Sustainability

  • Operating margin: 1.8%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 65.2%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 17% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: -12.8% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: -23.3% per year; rating input score 0; 7th 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 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 10 filing years from 2011 to 2021
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.