NonprofitsSquared Network

Education

Squared Network

BOSTON, MA

Total revenue

$578K

Total expenses

$432K

Net assets

$455K

Grants received

$887K

10 grants

EIN

921469219

Tax year

2023

Mission

We aim to expand the impact of the squared experience by forging new partnerships between incredible students, host campuses, and financial supporters.

Programs

1 program

General programs - the squared network aims to expand a stem and college access program for first-generation and low-income students. Our "general program" is the part of our company that focuses on expansion, identifying partner schools, raising funds to launch new programs, and strategizing operations across our network of programs.

Expenses: $162K

Financials

FY 2023

Revenue

Contributions & grants$578K
Program service revenue
Investment income
Other revenue
Total revenue$578K

Expenses

Grants paid
Salaries & benefits$177K
Fundraising$10K
Other expenses$255K
Total expenses$432K
Total assets$470K
Net assets$455K

People

4 listed

NameRoleCompensation

NICHOLAS FAVALORO

CEO

Board

$44K

50 hrs/wk

GARLAND LASATER

BOARD CHAIR

Board

6 hrs/wk

HELEN OBERMEYER

VICE CHAIR

Board

6 hrs/wk

JOHN OKHIULU

SECRETARY AND TREASURER

Board

1 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$322K
SUPPORT DONATION
2024
$150K
FOR 2024 OPERATING EXPENSES
2024
$100K
FOR GENERAL PURPOSES IN SUPPORT OF A MATCHING GRANT
2024
$50K
THE PURPOSE OF THIS GRANT IS TO SUPPORT THE PARTICIPATION OF STUDENTS THROUGHOUT THE PROGRAM'S DURATION. THIS IS THE FIRST OF THREE CONTRIBUTIONS.
2024
$42K
GENERAL SUPPORT
2024
$30K
SQUARED AT KENT SCHOOL
2024
$50K
TO SUPPORT MIDLAND STUDENTS ATTENDING THE NEW SQUARED NETWORK CAMPUS
2023
$50K
GENERAL OPERATIONS
2023
$47K
FOR THE TRANSFER OF ASSETS FROM THE (HS)2 NATIONAL PROJECT FUND AT NTCF TO SQUARED NETWORK
2023
$47K
FOR THE TRANSFER OF ASSETS FROM THE (HS)2 NATIONAL PROJECT FUND AT NTCF TO SQUARED NETWORK
2023

Funded by

$887K from 6 funders · 10 grants · 2023–2024

Community Foundation Of North Texas (Tax

$343K · 4 grants · 2023–2024

The Children's Education Initiative

$322K · 1 grant · 2024

Abell-Hanger Foundation

$80K · 2 grants · 2023–2024

Aspen Community Foundation

$50K · 1 grant · 2024

Hl Brown Jr Family Foundation

$42K · 1 grant · 2024

Details

EIN921469219
NTEE codeB90
Subsection03
Ruling date2023-03
Formed2022
Employees0
Volunteers3
SQUARED NETWORK — Mission, Financials & Grants Received | Grantivo