United States Squash Racquets Association Inc
- Assets
- $39.4m
- Revenue
- $9.7m
- Investments
- $0.0
- Employees
- 68
- Location
- Philadelphia, PA
- Founding
- 09/1979
- Data as of
- 06/2021
- EIN
- 16-6050490
Organization Overview
United States Squash Racquets Association Inc is located in Philadelphia, PA. The organization was established in 1979. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, United States Squash Racquets Association Inc employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United States Squash Racquets Association 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 06/2021, United States Squash Racquets Association Inc generated $9.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $4.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LEAD SQUASH'S GROWTH & DEVELOP. BY INCREASING ACCESS & AWARENESS AND ACHIEVING COMP. EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZED ACTIVITIES - SEE SCHEDULE 0.
MARKETING AND PROMOTION:US SQUASH IS RESPONSIBLE FOR MARKETING AND PROMOTION OF THE SPORT, AND MAINTAINS SEVERAL WEBSITES INCLUDING WWW.USSQUASH.COM. THE ASSOCIATION PUBLISHES SQUASH MAGAZINE SEVERAL TIMES ANNUALLY, MANAGES SOCIAL MEDIA PLATFORMS, PUBLISHES REGULAR NEWS ARTICLES, AND SENDS A BI-WEEKLY E-NEWSLETTER AND DIRECT CONSTITUENT COMMUNICATIONS.
MEMBERSHIP: BECOMING A US SQUASH MEMBER ENTITLES THE CLUB OR SCHOOL TO A BROAD RANGE OF BENEFITS INCLUDING PROVIDING THE ABILITY TO HOST ACCREDITED ACTIVITES AND SERVICES FOR COACHES, PROFESSIONALS AND PLAYERS. ADDITIONALLY, US SQUASH MAINTAINS CERTIFICATION PROGRAMS FOR COACHES, REFEREES, AND TOURNAMENT DIRECTORS, EACH WITH SEVERAL LEVELS OF CERTIFICATION. THE ASSOCIATION COORDINATES THESE PROGRAMS WITH THE WORLD SQUASH FEDERATION AND THE PROFESSIONAL SQUASH ASSOCIATION.
THE OPERATIONS OF THE ARLEN SPECTER US SQUASH CENTER - SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Sobhy Director-Athlete Rep Alt. | Trustee | 10 | $36,140 |
Olivia Blatchford-Clyne Director-Athlete Rep Alt. | Trustee | 10 | $34,000 |
Christopher Hanson Director-Athlete Rep Usoc | Trustee | 10 | $14,143 |
Todd Harrity Director - Athlete Rep | Trustee | 10 | $21,250 |
Christopher Gordon Director - Athlete Rep | Trustee | 10 | $17,180 |
Olivia Fiechter Director - Athlete Rep | Trustee | 10 | $25,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gilbane Building Company General Contractor | 6/29/22 | $1,444,799 |
Ims Technology Services Tech. Consulting | 6/29/22 | $533,972 |
Explus Marketing | 6/29/22 | $488,180 |
Ms Signs Inc Advertisment | 6/29/22 | $202,978 |
Premier Office Solutions Furniture Design | 6/29/22 | $197,256 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,103,654 |
| Investment income | $42,384 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $214,821 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,670,106 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $453,080 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,732,640 |
| Pension plan accruals and contributions | $44,930 |
| Other employee benefits | $198,851 |
| Payroll taxes | $129,840 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,797 |
| Fees for services: Accounting | $81,496 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,211 |
| Fees for services: Other | $165,622 |
| Advertising and promotion | $0 |
| Office expenses | $92,063 |
| Information technology | $121,708 |
| Royalties | $0 |
| Occupancy | $620,209 |
| Travel | $44,429 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $238 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $207,511 |
| Insurance | $86,715 |
| All other expenses | $0 |
| Total functional expenses | $4,221,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,607,811 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,987,170 |
| Accounts receivable, net | $149,940 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,792 |
| Investments—publicly traded securities | $2,595,937 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,842,057 |
| Total assets | $39,381,714 |
| Accounts payable and accrued expenses | $1,660,899 |
| Grants payable | $0 |
| Deferred revenue | $625,819 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $149,900 |
| Unsecured mortgages and notes payable | $931,110 |
| Other liabilities | $0 |
| Total liabilities | $3,367,728 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $36,013,986 |
Grants Awarded
Over the last fiscal year, United States Squash Racquets Association Inc has awarded $14,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY SQUASH INC PURPOSE: SCHOLARSHIPS | $8,000 |
RACQUET UP DETROIT PURPOSE: SCHOLARSHIPS | $6,000 |