Overview
What is Steel City Squash Inc?
Steel City Squash Inc, situated in Pittsburgh, Pennsylvania, is a dedicated nonprofit organization. Its primary purpose is to empower underprivileged students from Allegheny County through academic tutoring, enrichment programs, and squash training. Operating six days a week during the academic year and five days a week during the summer, the organization provides a comprehensive support system. By maintaining high standards, Steel City Squash inspires each participant to reach their full potential in the classroom, on the squash court, and within their community. The nonprofit employs a team of five individuals, demonstrating its commitment to making a significant impact in the lives of its beneficiaries.
Official website here: www.steelcitysquash.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
Steel City Squash Inc received a One-Star rating from Charity Navigator, indicating significant concerns regarding its overall financial health and accountability. The organization excels in governance, with an entirely independent board and strong oversight mechanisms in place, scoring well in areas like material diversion of assets and conflict of interest policy. However, the overall low rating is heavily influenced by poor financial ratios, particularly in program expense and liabilities, suggesting that a substantial portion of its funds may not be reaching its intended programs.
Despite its strong governance framework, the nonprofit's financial performance raises red flags. With only 29.87% of expenses directed towards programs, the organization falls short of providing adequate support for its mission. Additionally, the liabilities to assets ratio of 14.89% points to potential financial instability, which could impact its ability to sustain operations and deliver services effectively.
In summary, while Steel City Squash Inc demonstrates a commitment to ethical governance and accountability, its financial challenges may hinder its impact and sustainability. Stakeholders and potential donors should weigh these factors carefully when considering support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Steel City Squash Inc legitimate?
Steel City Squash Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steel City Squash Inc 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: $219,264
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,518
For more financial information, click here
Official website here: www.steelcitysquash.org
What is the mission statement of Steel City Squash Inc?
Steel City Squash Inc's mission is centered around providing sustained support to underprivileged students and their families. By upholding high standards, the organization encourages each participant to reach their full potential, both academically and in extracurricular activities like squash and community involvement. Through academic tutoring, enrichment programs, and fitness and squash training, Steel City Squash aims to empower these students to excel in various aspects of their lives. The program operates extensively during the academic year and summer, ensuring consistent engagement and development opportunities.
Official website here: www.steelcitysquash.org
What is the revenue of Steel City Squash Inc?
Steel City Squash Inc's revenue in 2023 was $1,539,913.
Official website here: www.steelcitysquash.org
Who are the executives of Steel City Squash Inc and what are their salaries?
The average compensation at Steel City Squash Inc during 2023 was $55,946. There are 4 employees and 25 volunteers at Steel City Squash Inc.
Here are 20 key members and their salaries:
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Official website here: www.steelcitysquash.org
Where can I find the form 990 for Steel City Squash Inc?
Steel City Squash Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.steelcitysquash.org
Learn more at the official website: www.steelcitysquash.org
Mission Statement of Steel City Squash Inc
Steel City Squash Inc, a nonprofit organization, is committed to providing long-term support to underprivileged students and their families in Pittsburgh. By maintaining high standards, the organization encourages each participant to reach their full potential in various aspects of life, including academics, sports, and community involvement. The mission of Steel City Squash Inc is to offer academic tutoring and enrichment, as well as fitness and squash training, to students from Allegheny County. The program operates six days a week during the academic year and five days a week during the summer. The ultimate goal is to empower these students to excel in all areas of their lives.
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Impact
July, 2024
Steel City Squash Inc has a profound impact on underserved Pittsburgh students and their families by providing consistent and long-term support. Through academic tutoring, enrichment programs, fitness training, and squash coaching, this organization helps students from Allegheny County reach their fullest potential in various aspects of their lives. By maintaining high standards, Steel City Squash instills confidence and encourages academic success, athletic growth, and community involvement among its participants.
This information is meant to be a general summary of Steel City Squash Inc. 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 2023.
- Investment Income: $44,276
- Gross Receipts: $1,555,744
Assets and Liabilities:
- Total Assets: $5,795,952
- Total Liabilities: $31,745
- Net Assets: $5,764,207
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Organization Details
Founding Year
2014
Principal Officer
Brad Young
Website
www.steelcitysquash.orgNTEE Category
Code: B90 - Education
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