Union Square Foundation EIN 82-2194802 Form 990 (PDF) Claim this org

Union Square Foundation FY2021 filing

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Supports artistic, cultural, and culinary programs to create a welcoming community and sense of place. For fiscal year 2021 it reported $49K in revenue, $147K in expenses, and $518K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
San Francisco, CA
Website
www.unionsquarefoundation.org
Filings
5 on file (2021–2021)
Revenue
$49KFY2021
Expenses
$147K
Net assets
$518K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-2194802 Public charity (501(c)(3)) San Francisco, CA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 9/11/26 · see original: IRS
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Size
$1–10M
What they do
Supports artistic, cultural, and culinary programs to create a welcoming community and sense of place.
Leadership
Rick Laubscher · President
Money in and out
$49K revenue, $147K expenses
Bottom line
91% program efficiency
Where the money goes · FY2021
Total revenue
$49K
Pt VIII · Ln 12
Total expenses
$147K
Pt IX · Ln 25
Net assets
$518K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$97K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.03 Fundraising $0.06
Program efficiency
91%
of spending reaches programs
Operating runway
43.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-198%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$49K
FY2021
Expenses
$147K
FY2021
Total assets
$545K
FY2021
Total liabilities
$28K
FY2021
Total revenue
$49K
Pt VIII · Ln 12
Total expenses
$147K
Pt IX · Ln 25
Net assets
$518K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$97K
Total assetsPt X · Ln 16$545K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $134K of program spending, described in the organization's own filed words · FY2020.
01

Safety Programs

Through grants from the chris larsen fund of the silicon valley community foundation, the union square foundation funded continued expansion of the union square security camera program. The funds contributed to additional camera installations and the buildout of the video control center (to provide footage to SFPD and others upon request…

$117Kprogram expense
02

Public Realm

Public realm programs help fund projects to beautify public spaces within the union square area. Projects include activating public spaces with events, music, and art, as well as seasonal and decorative lighting and landscaping.

$17Kprogram expense
03

Union Square Cares

A community building program that provides compassionate and humane outreach services to individuals experiencing homelessness by contracting with local nonprofits, such as the miracle messages which helps unhoused people rebuild their social support systems and financial security through reunifications, a phone buddy system and direct…

$58program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CUnion Square Foundation
EINHdr · item D82-2194802
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jwww.unionsquarefoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFJan 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$49K
Total revenueLn 12$49K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.03 Fundraising $0.06
Program services91%$134K
Management & general3%$5K
Fundraising6%$8K
Total functional expensesLn 25$147K

Balance Sheet

Part X · end of year
CashLn 1$532K
Total assetsLn 16$545K
Total liabilitiesLn 26$28K
Total net assetsLn 32$518K
Months of cash on handcomputed43.6

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $532K · Operating expenses/yr $147K
43.6 months
Where the money goes
Program services
Program services $134K · Total expenses $147K
91%
Management & General
Management & general $5K · Total expenses $147K
3%
Fundraising
Fundraising $8K · Total expenses $147K
6%
Cost to raise $1
Fundraising expense $8K · Solicited contributions $49K
$0.16 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $49K · Total revenue $49K
100%
Government reliance
Government grants — · Total revenue $49K
Earned-income share
Program service revenue $0 · Total revenue $49K
0%
Investment reliance
Investment income $0 · Total revenue $49K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $147K
0%
Growth & trend
Revenue growth (YoY)
This year $49K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $518K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $49K · Expenses $147K
-198%
Liabilities-to-Assets
Total liabilities — · Total assets $545K
Net-asset ratio
Net assets $518K · Total assets $545K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $545K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rick Laubscher · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $147K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $147K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 3%
Fundraising cost ratio 16%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$346K
Grants paid · 1 grant · $12K · 2023–2023
Salvation Army National CorpVA · FY2023$12,161

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.8M revenue · ⤓ 990 PDF
FY2024$2.6M revenue · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$921K revenue · ⤓ 990 PDF
FY2021$49K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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