Squash And Education Alliance Inc
- Assets
- $11.1m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 15
- Location
- New York, NY
- Founding
- 05/2006
- Data as of
- 08/2023
- EIN
- 20-4597358
Organization Overview
Squash And Education Alliance Inc is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 08/2023, Squash And Education Alliance Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Squash And Education Alliance 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 08/2023, Squash And Education Alliance Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $3.5m during the year ending 08/2023. While expenses have increased by 19.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Squash And Education Alliance Inc has awarded 17 individual grants totaling $1,256,900. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEA'S MISSION IS TO LEAD, LAUNCH, AND STRENGTHEN YOUTH PROGRAMS THAT ENABLE AND EMPOWER STUDENTS TO ACCESS AND SUCCEED IN QUALITY EDUCATIONAL, ATHLETIC, AND CAREER OPPORTUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEA LAUNCHES AND LEADS YOUTH PROGRAMS THAT COMBINE SQUASH, ACADEMICS, MENTORING, TRAVEL, COLLEGE SUPPORT AND CAREER READINESS INITIATIVES FOR STUDENTS ENROLLED IN OUR MEMBER PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Wyant Executive Director | OfficerTrustee | 40 | $258,016 |
Manuela Perez Dir Of Postsecondary Pathways | 40 | $102,507 | |
Timothy Boroughs Chair | OfficerTrustee | 2 | $0 |
Todd Bourell Treasurer | OfficerTrustee | 2 | $0 |
Justin Lungstrum Secretary | OfficerTrustee | 2 | $0 |
Elizabeth Berylson Katz Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,775,743 |
| Noncash contributions included in lines 1a–1f | $27,339 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,775,743 |
| Total Program Service Revenue | $193,868 |
| Investment income | $125,800 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$11,195 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,084,216 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $412,477 |
| 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. | $268,216 |
| Compensation of current officers, directors, key employees. | $53,643 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $695,153 |
| Pension plan accruals and contributions | $30,831 |
| Other employee benefits | $63,948 |
| Payroll taxes | $79,019 |
| Fees for services: Management | $42,624 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $83,148 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,648 |
| Fees for services: Other | $98,717 |
| Advertising and promotion | $0 |
| Office expenses | $90,757 |
| Information technology | $41,616 |
| Royalties | $0 |
| Occupancy | $96,607 |
| Travel | $5,761 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $29,090 |
| All other expenses | $0 |
| Total functional expenses | $3,522,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,074,689 |
| Savings and temporary cash investments | $587,818 |
| Pledges and grants receivable | $1,666,489 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,837,128 |
| Investments—publicly traded securities | $5,689,829 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $293,383 |
| Total assets | $11,149,336 |
| Accounts payable and accrued expenses | $385,569 |
| Grants payable | $0 |
| Deferred revenue | $10,055 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $234,895 |
| Total liabilities | $630,519 |
| Net assets without donor restrictions | $8,548,851 |
| Net assets with donor restrictions | $1,969,966 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,149,336 |
Grants Awarded
Over the last fiscal year, Squash And Education Alliance Inc has awarded $477,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ACCESS YOUTH ACADEMY PURPOSE: Los Angeles | $200,000 |
PORTLAND COMMUNITY SQUASH PURPOSE: Portland Community | $100,000 |
CITY SQUASH INC PURPOSE: SEA Capital | $100,000 |
SQUASHSMARTS PURPOSE: capital campaign | $47,000 |
SQUASH HAVEN PURPOSE: Academic Innovation | $30,000 |