Publicsquare INC FY2021 filing

Santa Barbara, CAUnknown exempt organizationEIN 82-1616055

This page gets seen. Tell your story. Claim this org.

Conduct educational seminars and student engagement programs

76¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $140K a year · 225% of revenue · last 2 filings
Concern: a surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
13 mo
of spending, in cash
Looks good: 13.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 7 voting members
Looks good: 5 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$118K
Spent
$192K
To programs
76%
Net assets
$341K
By yearFY2021–FY2022
Revenue
$118K
FY2021
Revenue by fiscal year
FY2021$118K
FY2022$6K
FY2022$265
Expenses
$192K
FY2021
Expenses by fiscal year
FY2021$192K
FY2022$213K
FY2022$135K
Net assets
$341K
FY2021
Net assets by fiscal year
FY2021$341K
FY2022$135K
FY2022$0

From the FY2021 Form 990 (year ending June 2021) · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $146K Management & general 12% · $24K Fundraising 11% · $22K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
CFO and Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2022FY2022
Leonard Wallock$60,000$60,000
Dana Wallock$38,000$50,333

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Publicsquare INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Conducts educational seminars and student engagement programs.

Provided by the organization

This section is blank until Publicsquare INC claims this page.

Know this organization? Claim it to add your story

3 program services account for $146K of program spending, described in the organization's own filed words · FY2020.
01

Education seminarsfree educational seminars led by distinguished commentators that explore innovative policy solutions to the critical issues of our time and inspire the next generation of civic leaders

$79Kprogram expense
02

The publicsquare COVID-19 equity internship project empowers a diverse group of first-generation college students to create culturally and linguistically relevant deliverables to serve those most adversely impacted by COVID-19 in santa barbara county.

$35Kprogram expense
03

Student engagement programsthe student fellows program and summer civics initiative provide mentorship, encourage civic activism, and award stipends to primarily low-to-moderate income and underrepresented undergraduate college students aspiring to become civic leaders and agents of change

$32Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$5

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$118K
Ln 12
Gifts and grantsLn 1h$118K
Investment incomeLn 3$93
Money outPt IX
$192K
Ln 25
Programscol B$146K
Managementcol C$24K
Fundraisingcol D$22K
Owns and owesPt X
$341K
net assets · Ln 32
Cash and savingsLn 1–2$207K
Total assetsLn 16$342K
LiabilitiesLn 26$2K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$118K
Government grantsLn 1e$54K
Noncash giftsLn 1g$18K
Investment incomeLn 3$93
Total revenueLn 12$118K
Assets in detailPt X, end of year
CashLn 1$207K
Cash and savings togetherLn 1–2$207K
InvestmentsLn 11–13$0
Total assetsLn 16$342K
LiabilitiesLn 26$2K
Net assetsLn 32$341K
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$142K$207K
InvestmentsLn 11–13$1K$0
Total assetsLn 16$435K$342K
LiabilitiesLn 26$20K$2K
Net assetsLn 32$415K$341K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$114K$86K$9K$19K
Payroll taxesLn 10$9K$7K$750$2K
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$2K$2K$179$63
Advertising and promotionLn 12$2K$1K$1K
Office expensesLn 13$2K$146$1K
Information technologyLn 14$13K$9K$4K$63
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$41K$41K
Total functional expensesLn 25$192K$146K$24K$22K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 $6K$213K−$206K$135K 990 PDF
FY2021 Viewing $118K$192K−$74K$341K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $118,370 across 6 lines filed
VIII-1e Government grants$54,370
VIII-1f All other contributions, gifts and grants$63,907
VIII-1g Noncash contributions (included above)$17,598
VIII-1h Total contributions, gifts and grants$118,277
VIII-3 Investment incomeExcluded from tax $93$93
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $93$118,370
Part IX · Statement of functional expenses $192,075 across 9 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $85,983 · Management $9,150 · Fundraising $19,200$114,333
IX-10 Payroll taxesPrograms $7,052 · Management $750 · Fundraising $1,575$9,377
IX-11c Accounting feesManagement $6,297$6,297
IX-11g Other fees for servicesPrograms $2,058 · Management $179 · Fundraising $63$2,300
IX-12 Advertising and promotionPrograms $1,141 · Fundraising $1,017$2,158
IX-13 Office expensesPrograms $146 · Management $1,404$1,550
IX-14 Information technologyPrograms $8,815 · Management $4,303 · Fundraising $63$13,181
IX-23 InsuranceManagement $1,669$1,669
IX-24 Other expenses (24a–d)Programs $41,210$41,210
IX-25 Total functional expensesPrograms $146,405 · Management $23,752 · Fundraising $21,918$192,075
Part X · Balance sheet $342,479 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $141,529$207,479
X-3 Pledges and grants receivableStart of year $292,500$135,000
X-11 Publicly traded securitiesStart of year $1,055$0
X-16 Total assetsStart of year $435,084$342,479
X-17 Accounts payable and accrued expensesStart of year $717$1,502
X-25 Other liabilitiesStart of year $19,685$0
X-26 Total liabilitiesStart of year $20,402$1,502
X-27 Net assets without donor restrictionsStart of year $122,182$205,977
X-28 Net assets with donor restrictionsStart of year $292,500$135,000
X-32 Total net assets or fund balancesStart of year $414,682$340,977
X-33 Total liabilities and net assetsStart of year $435,084$342,479
Part XI · Reconciliation of net assets $340,977 net assets at year end
XI-1 Total revenue$118,370
XI-2 Total expenses$192,075
XI-3 Revenue less expenses−$73,705
XI-4 Net assets at start of year$414,682
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$340,977

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.