716 Squash Inc is located in Buffalo, NY. The organization was established in 2018. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. As of 08/2023, 716 Squash Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 716 Squash 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, 716 Squash Inc generated $405.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $414.1k during the year ending 08/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CORPORATION IS TO EMPOWER BUFFALO YOUTH WITH LIMITED ACCESS TO RESOURCES TO REACH THEIR FULL POTENTIAL AS STUDENTS, ATHLETES, AND ENGAGED CITIZENS BY PROVIDING LONG-TERM SUPPORT AND LIFE-CHANGING OPPORTUNITIES THROUGH EDUCATION, MENTORING, SERVICE, AND SQUASH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS ONE LARGE PROGRAM WHICH IS A YEAR-ROUND PROGRAM PROVIDING ACADEMIC TUTORING, MENTORING, AND HEALTH AND WELLNESS THROUGH THE SPORT OF SQUASH. THE PARTICIPANTS WILL ATTEND THE PROGRAM UP TO THREE TIMES A WEEK DURING THE SCHOOL YEAR AND FOUR TIMES A WEEK DURING THE SUMMER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chrissy Pynem Board Member | Trustee | 1 | $0 |
Carey Anderson Chair Emeritus | Trustee | 1 | $0 |
William Pearce Board Member | Trustee | 1 | $0 |
David Johnson Board Member | Trustee | 1 | $0 |
Bobbie Dukarm MD Secretary | OfficerTrustee | 1 | $0 |
Particia Nelson Fast Board Member | Trustee | 1 | $0 |
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 | $366,592 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $366,592 |
Total Program Service Revenue | $0 |
Investment income | $1,269 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $405,504 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $89,906 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $145,388 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $30,879 |
Payroll taxes | $19,017 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,025 |
Advertising and promotion | $5,446 |
Office expenses | $3,213 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,834 |
Travel | $171 |
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 | $6,138 |
Insurance | $12,262 |
All other expenses | $40,451 |
Total functional expenses | $414,143 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $21,119 |
Savings and temporary cash investments | $405,409 |
Pledges and grants receivable | $2,000 |
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 | $6,669 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $4,089 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $25,062 |
Total assets | $464,348 |
Accounts payable and accrued expenses | $13,027 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $34,097 |
Total liabilities | $47,124 |
Net assets without donor restrictions | $417,224 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $464,348 |