Town Square Inc

Organization Overview

Town Square Inc is located in Brooklyn, NY. The organization was established in 2005. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Town Square Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Town Square Inc generated $152.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $179.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

BUILD A VIBRANT COMMUNITY AND ENRICH THE QUALITY OF OUR LIVES THROUGH ACTIVITIES THAT INSPIRE CREATIVITY AND IMAGINATION, TEACH RESPECT AND COOPERATION, AND CELEBRATE THE JOY AROUND US

Describe the Organization's Program Activity:

Part 3 - Line 4a

TOWN SQUARE OFFERS YOUTH, FAMILY AND COMMUNITY BUILDING SERVICES AND PROGRAMS THAT INCLUDES COMMUNITY CHESS, EXPOS FOR PARENTS, SCHOOL FAIRS AND WORKSHOPS, FAMILY MUSIC AND MOVIE PROGRAMS, ENVIRONMENTAL FESTIVALS AND RECYCLING INITIATIVES, AND CIVIC EVENTS SUCH AS SPRING EGG HUNT, PUMPKIN DAY, CHILDRENS HALLOWEEN PARADE, AND SANTA BRUNCH AMONG OTHERS.


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Board, Officers & Key Employees

Name (title)Compensation
Susan Anderson
Executive Director
$60,000
Lauren Dobkin
Director
$0
Nancy Hernandez
Treasurer
$0
Yvette Moran
Director
$0
Sonia Hanson
Chairperson
$0
Mariusz Glazewski
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $36,500
All other contributions, gifts, grants, and similar amounts not included above$37,493
Noncash contributions included in lines 1a–1f $10,000
Total Revenue from Contributions, Gifts, Grants & Similar$73,993
Total Program Service Revenue$78,780
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $152,773

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