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 08/2022, 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 08/2022, 716 Squash Inc generated $379.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $374.3k during the year ending 08/2022. 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
2022
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 |
---|---|---|---|
Hope Lynch Executive Director | Officer | 50 | $76,202 |
Carey Anderson Chair | OfficerTrustee | 1 | $0 |
Steve Bell Vice Chair | OfficerTrustee | 1 | $0 |
Bobbie Dukarm MD Vice Chair | OfficerTrustee | 1 | $0 |
Favio Osorio Treasurer | OfficerTrustee | 1 | $0 |
William Pearce 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 | $349,233 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $349,233 |
Total Program Service Revenue | $0 |
Investment income | $1,284 |
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 | $379,048 |
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. | $86,578 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $125,543 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $27,787 |
Payroll taxes | $18,362 |
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 | $4,650 |
Advertising and promotion | $1,557 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,120 |
Travel | $9,771 |
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 | $11,228 |
Insurance | $13,416 |
All other expenses | $33,480 |
Total functional expenses | $374,258 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,354 |
Savings and temporary cash investments | $427,917 |
Pledges and grants receivable | $900 |
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 | $5,546 |
Net Land, buildings, and equipment | $6,138 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $441,855 |
Accounts payable and accrued expenses | $6,924 |
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 | $9,113 |
Total liabilities | $16,037 |
Net assets without donor restrictions | $425,818 |
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 | $441,855 |
Over the last fiscal year, we have identified 14 grants that 716 Squash Inc has recieved totaling $345,717.
Awarding Organization | Amount |
---|---|
The Ralph C Wilson Jr Foundation Detroit, MI PURPOSE: TO PROVIDE YEAR-ROUND ATHLETIC, ACADEMIC, AND ENRICHMENT PROGRAMMING. | $150,000 |
The Ralph C Wilson Jr Foundation Detroit, MI PURPOSE: TO PROVIDE YEAR-ROUND ATHLETIC, ACADEMIC, AND ENRICHMENT PROGRAMMING. | $100,000 |
Community Foundation For Greater Buffalo Inc Buffalo, NY PURPOSE: UNRESTRICTED USE; ACADEMIC PROGRAM; HEALTH AND WELLNESS PROGRAM; IN HONOR OF | $37,600 |
Cullen Foundation Buffalo, NY PURPOSE: 716 SQUASH ACADEMIC PROGRAM | $30,000 |
Carlos And Elizabeth Heath Foundation Buffalo, NY PURPOSE: GENERAL | $10,000 |
Edward H Butler Foundation Buffalo, NY PURPOSE: GENERAL FUND | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
United Services Organizations Inc New York, NY | $7,357,534 | $4,376,514 |
Partnerships For A Skilled Workforce Inc Marlborough, MA | $388,132 | $2,174,358 |
Pittsburgh Leadership Fund Oakmont, PA | $0 | $249,472 |
Gleif Americas A New Jersey Nonprofit Corporation New York, NY | $743,178 | $1,398,634 |
A Better City Initiative Inc Boston, MA | $169,877 | $99,202 |
716 Squash Inc Buffalo, NY | $441,855 | $379,048 |
Wlvt Re Inc Bethlehem, PA | $11,227,340 | $240,000 |
Operation Troop Appreciation Mckeesport, PA | $317,888 | $572,487 |
Friends Of Vfw Post No 6076 Myerstown, PA | $122,582 | $343,864 |
Centerstate Ceo Foundation Inc Syracuse, NY | $1,524,975 | $245,775 |
Elisabeth S Prentiss Fbo Board Of Foreign Missions Of The Presbytech Pittsburgh, PA | $3,141,798 | $191,622 |
Soldier On Foundation Inc Pittsfield, MA | $521,232 | $391,473 |