Overview
What is Racquet Up Detroit?
Racquet Up Detroit is a dedicated nonprofit organization situated in Detroit, Michigan, with a focus on empowering local youth. Their mission is to provide a holistic mentoring program, integrating squash, academics, and community service, aiming to help Detroit Public School students reach their full potential. The program operates outside of school hours, including after school, weekends, and summer, encompassing seven main components such as squash instruction and competition, fitness development, academic tutoring, literacy development, community service, summer opportunities, and mentoring. The organization has achieved significant milestones, including a 100% high school graduation rate and college admission for the first five cohorts of students. Participants in the program have demonstrated improved attendance rates compared to the city average, and several students have secured full scholarships to renowned academic summer programs. The Racquet Up Detroit team has also seen eight graduates excel in collegiate squash, representing universities like Denison, Hobart, Chatham, and St. Lawrence. With a well-constructed, budget-friendly new facility, Racquet Up Detroit offers an engaging environment for young people to grow both physically and intellectually. The organization's hard work and commitment have enabled students to secure substantial scholarships for summer programs across the United States.
Official website here: www.racquetup.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
Racquet Up Detroit has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The charity's score is derived solely from its excellent performance in accountability and finance, showcasing robust practices in governance with a board composed entirely of independent members. This high level of independence and oversight contributes to the organization's overall credibility and trustworthiness.
The organization demonstrates a sound financial structure, with a program expense ratio of 81.55%, indicating that a significant majority of its funds are directed towards its programs. Additionally, it boasts a low fundraising efficiency ratio of $0.08, meaning that it spends only a small amount to raise funds, maximizing the resources available for its mission. The charity's strong working capital ratio of 4.55 years suggests financial stability and the ability to sustain its operations over the long term.
Overall, Racquet Up Detroit stands out for its thorough policies on conflict of interest, whistleblower protections, and document retention, which serve to further enhance its accountability. There are no noted limitations in the data, making it a commendable choice for potential donors looking to support an organization with demonstrated financial health and effective governance.
This AI summary has been generated from information found on Charity Navigator.
Is Racquet Up Detroit legitimate?
Racquet Up Detroit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Racquet Up Detroit submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $187,612
Professional Fundraising Fees: $0
Other Salaries and Wages: $682,854
For more financial information, click here
Official website here: www.racquetup.org
What is the mission statement of Racquet Up Detroit?
Racquet Up Detroit supports and empowers youth to reach their full potential through a challenging and inspiring long-term extracurricular mentoring program that combines squash, academics, and community service. Their mission is achieved through a demanding after-school, weekend, and summer program for Detroit public school students. This initiative aims to enhance physical fitness, improve reading and writing abilities, boost self-esteem, strengthen character, and promote educational attainment. The program consists of seven main components, including squash instruction and competition, fitness development, academic tutoring, literacy development, community service, summer opportunities, and mentoring. Notable accomplishments under this program include a 100% high school graduation rate for the first five cohorts, 100% college admission for the same group, and numerous scholarships to prestigious academic summer programs.
Official website here: www.racquetup.org
Who is the CEO of Racquet Up Detroit?
Derek Aguirre is the President of Racquet Up Detroit.
Official website here: www.racquetup.org
What is the revenue of Racquet Up Detroit?
Racquet Up Detroit's revenue in 2022 was $2,275,601.
Official website here: www.racquetup.org
Who are the executives of Racquet Up Detroit and what are their salaries?
The average compensation at Racquet Up Detroit during 2022 was $24,870. There are 35 employees and 36 volunteers at Racquet Up Detroit.
Here are 19 key members and their salaries:
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Official website here: www.racquetup.org
Where can I find the form 990 for Racquet Up Detroit?
Racquet Up Detroit's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.racquetup.org
Learn more at the official website: www.racquetup.org
Mission Statement of Racquet Up Detroit
Racquet Up Detroit is an organization that supports and empowers Detroit youth to achieve their full potential. They accomplish this through a demanding and inspiring long-term extracurricular mentoring program that combines squash, academics, and community service. The program operates after school, on weekends, and during the summer, and its main components include squash instruction and competition, fitness development, academic tutoring, literacy development, community service, summer opportunities, and mentoring.
Racquet Up Detroit's mission is to promote the physical fitness, reading and writing abilities, self-esteem, strength of character, and educational attainment of Detroit public school students. The organization has seen significant achievements under this program, such as a 100% high school graduation rate and college admission rate for its first five cohorts of students. Furthermore, the school attendance rate for Racquet Up Detroit participants surpasses the average for Detroit students, and several students have earned full scholarships to prestigious academic summer programs.
The program's comprehensive approach to youth development has resulted in a wide range of positive outcomes. Not only have students improved their academic performance, but they have also developed strong character and leadership skills. Through community service, they have learned the importance of giving back to their community, and the summer opportunities provide them with valuable experiences and exposure to higher education. The mentoring aspect of the program has been particularly impactful, as students have formed close relationships with their mentors, who serve as role models and sources of guidance and support. Overall, Racquet Up Detroit's mission is to help Detroit youth reach their full potential and become successful, well-rounded individuals.
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Impact
October, 2024
Racquet Up Detroit has a profound impact on the lives of Detroit youth, empowering them to realize their full potential through a comprehensive extracurricular program centered around squash, academics, and community service. The organization operates after-school, weekend, and summer programs designed to enhance physical fitness, literacy, self-esteem, character strength, and educational achievement.
With a curriculum that includes squash instruction, fitness development, academic tutoring, and mentoring, Racquet Up Detroit fosters a supportive environment where students can thrive. Notably, all members of the first five graduating cohorts have successfully graduated from high school and gained admission to college, demonstrating the program's effectiveness in promoting educational attainment. Participants exhibit higher school attendance rates compared to the average for Detroit students, indicating increased engagement and commitment to their education.
The program further extends opportunities beyond academics, with 20 students earning full scholarships to prestigious summer programs, generating over $200,000 in funding for various camps and academic experiences across the nation. Achievements in competitive squash are also noteworthy, with the urban squash team becoming national champions in 2018 and several graduates continuing to play at the collegiate level.
Racquet Up Detroit not only enriches the lives of its participants through personal and academic growth but also contributes to the broader community by instilling values of service and responsibility. The construction of a new dedicated facility underscores the organization's commitment to providing a stable and resource-rich environment for its youth, ensuring that they have access to quality programming that supports their development both on and off the court.
This information is meant to be a general summary of Racquet Up Detroit. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $8,788
- Gross Receipts: $2,320,703
Assets and Liabilities:
- Total Assets: $10,676,695
- Total Liabilities: $229,201
- Net Assets: $10,447,494
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Organization Details
Founding Year
2010
Phone
(313) 600-9593Principal Officer
Derek Aguirre
Main Address
6530 WEST OUTER DRIVE, DETROIT, MI, 482352705
Website
www.racquetup.orgNTEE Category
Code: N65 - Recreation
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