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First State Squash Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 811843120 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

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Overview

What is First State Squash Inc?

First State Squash Inc, located in Wilmington, Delaware, is a nonprofit organization that offers life-transforming opportunities for children from low-income families. Their primary focus is squash, a sport they utilize as a tool for academic and athletic development. Alongside squash, they provide intensive educational support, mentoring, community service activities, and cultural exposure. The organization, with a modest workforce of three individuals, aims to empower these children, fostering their growth and personal development.


Official website here: www.firststatesquash.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

First State Squash Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization excels in transparency, with 100% of its board members being independent and a well-sized board that adheres to best practices. Its robust financial oversight is highlighted by a thorough audit committee and no reported material diversion of assets.

The charity demonstrates a solid commitment to good governance through its detailed policies, including conflict of interest and whistleblower protections. Additionally, it effectively manages its resources, with a program expense ratio of 79.01%, indicating that a significant portion of its funds is directed toward its mission-related activities.

While the data reflects a positive outlook for First State Squash Inc, ongoing monitoring of their financial practices and program impact will be essential to ensure their continued success and transparency in the long run.


This AI summary has been generated from information found on Charity Navigator.

Is First State Squash Inc legitimate?

First State Squash Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First State 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: $75,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $44,498

For more financial information, click here


Official website here: www.firststatesquash.org

What is the mission statement of First State Squash Inc?

First State Squash Inc, as a youth program, aims to provide life-transforming opportunities for children from low-income families. This is achieved through the sport of squash, coupled with intensive educational support, mentoring, community service activities, and cultural exposure. The program's mission is to empower these children, fostering their growth both athletically and academically, thereby broadening their horizons and setting them on a pathway to success.


Official website here: www.firststatesquash.org

Who is the CEO of First State Squash Inc?

Todd P Anderson is the Chair of First State Squash Inc.


Official website here: www.firststatesquash.org

What is the revenue of First State Squash Inc?

First State Squash Inc's revenue in 2022 was $3,200,175.


Official website here: www.firststatesquash.org

Who are the executives of First State Squash Inc and what are their salaries?

The average compensation at First State Squash Inc during 2022 was $39,999. There are 3 employees and 10 volunteers at First State Squash Inc.


Here are 15 key members and their salaries:


Christine P Schiltz (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd P Anderson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Mcconnel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Bolling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Quinetta Bowden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Chilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Domenick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrett Moritz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Plumb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Teresa Rush (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Saunders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chip Sawyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Wyant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Zug (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Owen Butler (Executive Di)
  • Compensation: $63,659
  • Related: $0
  • Other: $4,770


Official website here: www.firststatesquash.org

Where can I find the form 990 for First State Squash Inc?

First State Squash Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.firststatesquash.org

Learn more at the official website: www.firststatesquash.org

Mission Statement of First State Squash Inc

First State Squash, a renowned nonprofit organization, is committed to offering transformative opportunities to children from low-income families in Wilmington. Utilizing the sport of squash as a primary tool, First State Squash provides an extensive academic and athletic program that aims to bring about significant changes in these children's lives. The organization's mission extends beyond the sport, offering intensive educational support, mentoring, community service activities, and cultural exposure. By integrating these elements, First State Squash seeks to empower its young participants and equip them with the skills necessary to overcome challenges and thrive in various aspects of their lives.

In essence, First State Squash serves as a beacon of hope and development for underprivileged children, providing them with a holistic approach to personal growth. Through the sport of squash, the organization fosters discipline, teamwork, and resilience. Meanwhile, the academic support and mentoring programs enable these children to excel in their studies and develop essential life skills. The community service activities and cultural exposure further broaden their horizons, instilling a sense of global responsibility and cultural awareness. In this way, First State Squash meticulously crafts an environment that nurtures well-rounded, confident, and successful individuals.

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Impact




July, 2024

First State Squash Inc's impact is profound and transformational. By providing life-changing opportunities for children from low-income families in Wilmington through the sport of squash, intensive educational support, mentoring, community service activities, and cultural exposure, First State Squash is empowering these young individuals to reach their full potential. Through their holistic approach, they are not only shaping athletes but also nurturing well-rounded individuals who are equipped with the skills, confidence, and tools to succeed in various aspects of life. This organization is playing a pivotal role in fostering youth development and breaking barriers for children who may not have had access to such opportunities otherwise.




This information is meant to be a general summary of First State 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.

Revenue
$3,200,175 (2022)
Expenses
$347,915 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2
  • Gross Receipts: $3,205,000

Assets and Liabilities:

  • Total Assets: $3,138,783
  • Total Liabilities: $65,827
  • Net Assets: $3,072,956

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Organization Details

Founding Year

2016

Principal Officer

Todd P Anderson

Main Address

524B SOUTH WALNUT STREET, WILMINGTON, DE, 19801

NTEE Category

Code: O11 - Youth development

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