San Diego Squared

EIN: 853336715 501(c)(3) Education

San Diego, CA

Total Revenue
$1,594,405
Total Expenses
$1,168,789
Total Assets
$3,446,535
Net Assets
$2,434,361
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CA
Principal Officer
Harid Puentes
Phone
6198189043
Tax Period
2023-07-01 to 2024-06-30

San Diego Squared, founded in 2020, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $426K, a strong 27% operating margin.

Mission

San Diego Squared is dedicated to advancing workforce development and talent development in STEM through four key areas of engagement. Firstly, our Community Activation initiative focuses on fostering a vibrant community that champions the belief that workforce diversity is integral to STEM. This is achieved through compelling storytelling, accessible on our website sd.org, and dynamic events such as our affinity dinners, ERG leaders' gatherings, and SD2 All Hands events. Secondly, our Squared Fellows Program offers a year-long mentorship-based experience for approximately 60 high school students from low-income and underrepresented backgrounds. This program connects them with STEM-driven companies, facilitates career exploration, and helps them envision their future roles in STEM. Thirdly, our Squared Scholars Program provides multi-year college scholarships to students from underrepresented backgrounds pursuing STEM degrees. This comprehensive program includes personalized 1:1 mentor

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,226,136
Program Service Revenue $89,275
Investment Income $0
Other Revenue $278,994
TOTAL REVENUE $1,594,405

Expense Breakdown

Grants Paid $30,000
Salaries & Benefits $506,725
Fundraising Expenses $111,231
Program Expenses $952,875
Other Expenses $632,064
TOTAL EXPENSES $1,168,789

Year-over-Year Comparison

2023 2022 Change
Revenue $1,594,405 $1,319,826 +0.2%
Expenses $1,168,789 $1,001,192 +0.2%
Net Income $425,616 $318,634 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
10
Employees
8
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$360,575
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alexander Bolante Director 0.00
Director
$0 $0 $0
Bill Rastetter PhD Chairman 0.00
Director
$0 $0 $0
carlos ramirez Director 0.00
Director
$0 $0 $0
Charles Theuer MD PhD Director 0.00
Director
$0 $0 $0
Darin Lippoldt Director 0.00
Director
$0 $0 $0
Patricia Leckman Director 0.00
Director
$0 $0 $0
Gentry Patrick PhD Director 0.00
Director
$0 $0 $0
Julie Cooke Director 0.00
Director
$0 $0 $0
Mike Hird Director 0.00
Director
$0 $0 $0
Paul Vaden Director 0.00
Director
$0 $0 $0
Harid Puentes Co-Founder 40.00
Officer
$192,708 $0 $192,708
Karmin Noar COO 40.00
Officer
$167,867 $0 $167,867
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,594,405 $1,168,789 $3,446,535 $425,616
2023 $1,319,826 $1,001,192 $2,879,066 $318,634
2022 $783,793 $535,108 $1,862,856 $248,685
2021 $1,055,464 $245,232 $1,476,977 $810,232
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