D Squared Foundation Inc is a 501(c)(3) organization based in Mansfield, Massachusetts, registered in 2019, with $2,330,261 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$2.3M
▲ 274.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$911K
Net assets
$2.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for D Squared Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For D Squared Foundation Inc: 38 mo reserves · +61% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for D Squared Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For D Squared Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $0 (FY2018) to $2.3M (FY2024) across 7 reported years.
Financial snapshot
Operating margin
60.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$0
Net assets
$2.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,330,261▲275% | $911,438▼23.4% | $2,917,408▲94.7% | $2,917,408▲94.7% | 990PF |
| 2023 | $621,591▲745% | $1,189,829▲94.1% | $1,498,585▼27.5% | $1,498,585▼27.5% | 990PF |
| 2022 | $73,531▼96.8% | $612,857▲66.1% | $2,066,823▼20.7% | $2,066,823▼20.7% | 990PF |
| 2021 | $2,304,840▲117% | $369,008▼60.1% | $2,606,149▲289% | $2,606,149▲289% | 990PF |
| 2020 | $1,064,385▲86.3% | $925,076▲2201% | $670,317▲26.2% | $670,317▲26.2% | 990PF |
| 2019 | $571,219 | $40,211 | $531,008 | $531,008 | 990PF |
| 2018 | $0 | $0 | $0 | $0 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for D Squared Foundation Inc (EIN 83-1181123) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.