Civic Intelligence

Streetsquash Inc.

990 • Fiscal year 2022 • EIN 13-4061809

Sep 01, 2021 to Aug 31, 2022 • Filed on May 15, 2023

Organization ProfileWWW.STREETSQUASH.ORG

View Organization Page

40 W 116 StreetNew York, NY 10026

(212) 289-4838

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

20th percentile

0.02x

Higher debt load relative to assets than 20% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

30th percentile

0.10x

Higher debt load relative to revenue than 30% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

39th percentile

2.5%

Higher net margin than 39% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

84th percentile

$345,538

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

24th percentile

-8.1%

Faster asset growth than 24% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

35th percentile

-3.9%

Faster revenue growth than 35% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets20th percentile

Assets

Down

$16,153,358

Down $1,420,351 (-8.1%) from 2021

Net Assets

Down

$15,843,189

Down $1,473,568 (-8.5%) from 2021

Liabilities

Up

$310,169

Up $53,217 (+21%) from 2021

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin39th percentile

Revenue

Down

$3,219,135

Down $129,974 (-3.9%) from 2021

Expenses

Up

$3,137,544

Up $294,693 (+10%) from 2021

Net Income

Down

$81,591

Down $424,667 (-84%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $18,281,150Liabilities 2011: $6,577,185Net Assets 2011: $11,703,9652011Assets 2012: $18,562,809Liabilities 2012: $6,595,457Net Assets 2012: $11,967,3522012Assets 2013: $19,146,991Liabilities 2013: $6,641,752Net Assets 2013: $12,505,2392013Assets 2014: $19,410,130Liabilities 2014: $6,640,639Net Assets 2014: $12,769,4912014Assets 2015: $14,777,787Liabilities 2015: $132,830Net Assets 2015: $14,644,9572015Assets 2016: $14,963,668Liabilities 2016: $117,105Net Assets 2016: $14,846,5632016Assets 2017: $15,624,197Liabilities 2017: $156,814Net Assets 2017: $15,467,3832017Assets 2018: $16,015,672Liabilities 2018: $165,731Net Assets 2018: $15,849,9412018Assets 2019: $16,376,879Liabilities 2019: $216,850Net Assets 2019: $16,160,0292019Assets 2020: $16,318,527Liabilities 2020: $685,105Net Assets 2020: $15,633,4222020Assets 2021: $17,573,709Liabilities 2021: $256,952Net Assets 2021: $17,316,7572021Assets 2022: $16,153,358Liabilities 2022: $310,169Net Assets 2022: $15,843,1892022Assets 2023: $16,588,245Liabilities 2023: $324,479Net Assets 2023: $16,263,7662023Assets 2024: $17,421,842Liabilities 2024: $105,470Net Assets 2024: $17,316,3722024

Highlighted filing

2022

Assets$16,153,358
Liabilities$310,169
Net Assets$15,843,189
Open 2022 Filing

Operations Trend

Revenue Growth35th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,386,610Expenses 2011: $1,694,925Net Income 2011: $691,6852011Revenue 2012: $2,137,582Expenses 2012: $1,847,334Net Income 2012: $290,2482012Revenue 2013: $2,880,416Expenses 2013: $2,256,742Net Income 2013: $623,6742013Revenue 2014: $2,706,370Expenses 2014: $2,461,562Net Income 2014: $244,8082014Revenue 2015: $4,522,612Expenses 2015: $2,665,327Net Income 2015: $1,857,2852015Revenue 2016: $3,070,426Expenses 2016: $3,083,946Net Income 2016: -$13,5202016Revenue 2017: $3,635,371Expenses 2017: $3,317,713Net Income 2017: $317,6582017Revenue 2018: $3,714,641Expenses 2018: $3,730,335Net Income 2018: -$15,6942018Revenue 2019: $4,630,536Expenses 2019: $4,414,863Net Income 2019: $215,6732019Revenue 2020: $2,623,939Expenses 2020: $3,853,550Net Income 2020: -$1,229,6112020Revenue 2021: $3,349,109Expenses 2021: $2,842,851Net Income 2021: $506,2582021Revenue 2022: $3,219,135Expenses 2022: $3,137,544Net Income 2022: $81,5912022Revenue 2023: $2,308,133Expenses 2023: $3,548,284Net Income 2023: -$1,240,1512023Revenue 2024: $4,596,756Expenses 2024: $4,190,583Net Income 2024: $406,1732024

Highlighted filing

2022

Revenue$3,219,135
Expenses$3,137,544
Net Income$81,591
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$8,052,122
Mission and Program Overview

Mission

Streetsquash's mission is to provide consistent, long term and reliable support to the children, families, and schools in harlem. By exposing these children to a broad range of experiences and by maintaining the highest standards, streetsquash aims to help each child realize his or her academic and personal potential. During the summer of 2012, streetsquash opened another center serving newark, new jersey.

To operate an urban youth enrichment program with academic skills, mentoring and instruction in the game of squash.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,887,372$9,253,628▲ $366,256
Land, Buildings, and Equipment, Net$6,314,582$6,104,110▼ $210,472
Investments Other Securities$1,062,268$0▼ $1,062,268
Cash and Non-Interest-Bearing Accounts$1,243,891$570,596▼ $673,295
Pledges and Grants Receivable$42,500$197,890▲ $155,390
Savings and Temporary Cash Investments$10,467$14,505▲ $4,038
Prepaid Expenses and Deferred Charges$9,569$9,569→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$17,573,709$16,153,358▼ $1,420,351
Other Assets Total$3,060$3,060→ $0
Liabilities
Accounts Payable and Accrued Expenses$256,952$310,169▲ $53,217
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$256,952$310,169▲ $53,217
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,092,842$15,414,821▼ $1,678,021
Net Assets With Donor Restrictions$223,915$428,368▲ $204,453
Total Net Assets Fund Balance$17,316,757$15,843,189▼ $1,473,568
Total Liabilities and Net Assets / Fund Balance$17,573,709$16,153,358▼ $1,420,351

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,953,273$3,295,731$9,249,004
Other Land Buildings$53,931$57,410$111,341
Equipment$28,019$60,711$88,730
Leasehold Improvements$68,887$7,654$76,541

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$75,000---$75,000
2020$75,000---$75,000
2019$75,000---$75,000
2018$75,000---$75,000
2017$75,000---$75,000
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
George PolskyExecutive DirectorFT$325,300$20,238$345,538

Board Members and Trustees

NameTitle
Amarilis SolerDirector
Andrew BahnDirector
Andrew FinkDirector
Bruce MeninDirector
Craig BroderickDirector
Darren M FogelDirector
David EunDirector
Eric MullerDirector
Frank StellaDirector
Jason YoungDirector
Jeffrey HorwitzDirector
John JohnsonDirector
Jonathan BergerDirector
Linda RobinsonDirector
Lydia MullerDirector
Monti BurnettDirector
Nicholas BienstockDirector
Peter KaganDirector
Rakey DrammehDirector
Richard ChinDirector
Sara AyresDirector
Sonal Shah Parr MdDirector
Steve GreenDirector
Susannah GrayDirector
Tim LukeDirector
Vivek ShahDirector
Wael El HindiDirector
Xavier HarrisonDirector
Rodd EvonskyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,328,401
Program Service Revenue
$228,623
Investment Income
$-337,889
Other Revenue
$0
All Other Contributions
$3,328,401
Change in Net Assets
$81,591

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,219,135
Revenue Not Reported on Form 990
$-1,555,159
Total Revenue per Audited Statements
$1,663,976
Total Revenue per Form 990
$3,219,135
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,791,755
Other Expenses$1,345,789
Total Fundraising Expense$400,333
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$887,117$314,181$0$1,201,298
All Other Expenses$122,965$262,170-$385,135
Current Officers, Directors, Trustees, and Key Employees$0$172,769$172,769$345,538
Depreciation Depletion$245,442$12,918-$258,360
Payroll Taxes$137,300$71,267$36,352$244,919
Office Expenses-$185,365-$185,365
Other Expenses$144,724$1,778$182,009$144,724
Fees for Services Management-$30,847-$30,847
Fees for Services Accounting-$24,852-$24,852
Fees for Services Legal-$22,360-$22,360
Advertising--$9,203$9,203
Total Functional Expenses$1,638,704$1,098,507$400,333$3,137,544

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,137,544
Total Expenses per Audited Statements$3,137,544
Total Expenses per Form 990$3,137,544
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Streetsquash Inc
EIN
13-4061809
In Care Of
% GEORGE POLSKY
Phone
2122894838
Address
40 W 116 STREET, NEW YORK, NY 10026

Signing Officer

Name
George Polsky
Title
Executive Director
Phone
2122894838
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Polsky
Formed
1998
Legal Domicile
Ny
Voting Board Members
30
Independent Board Members
29
Employees
30
Volunteers
250

Preparer

Firm
Withumsmithbrown Pc
Address
1411 BROADWAY 9TH FLOOR, NEW YORK, NY 10018
Preparer
Alfred Erdmann CPA
Phone
2127519100
Supplemental Narrative

Additional Explanations

1

“The executive director, who reviews the 990 with the board prior to submission.”

2

“Available for inspection at the organization's address by written request.”

3

“Net unrealized loss on investments: ($2,000,838)”

4

“The financial statements and reporting oversight process has not changed from the prior year.”

5

“The finance committee reviews and approves executive dirctor compensation.”

6

“Board members sign an annual acknowledgement of the conflict-of-interest policy and are required to disclose any conflicts.”

Form 990 Part IX Line 24 - Other Expenses

“Description:equipment total expenses:3580 program services:3580”

Form 990 Part IX Line 24 - Other Expenses

“Description:academic materials total expenses:14324 program services:14324”

Form 990 Part IX Line 24 - Other Expenses

“Description:outings & other events total expenses:17797 program services:17797”

Form 990 Part IX Line 24 - Other Expenses

“Description:payroll service costs total expenses:51601 management and general:51601”

Form 990 Part IX Line 24 - Other Expenses

“Description:college prep program total expenses:14139 program services:14139”

Form 990 Part IX Line 24 - Other Expenses

“Description:refreshments total expenses:1571 program services:1571”

Form 990 Part IX Line 24 - Other Expenses

“Description:condominium charges total expenses:57382 program services:54513 management and general:2869”

Form 990 Part IX Line 24 - Other Expenses

“Description:other program expenses total expenses:137982 program services:5439 management and general:132543”

Form 990 Part IX Line 24 - Other Expenses

“Description:alumni programming total expenses:7052 program services:7052”

Form 990 Part IX Line 24 - Other Expenses

“Description:staff transport total expenses:30561 management and general:30561”

Form 990 Part IX Line 24 - Other Expenses

“Description:liability insurance total expenses:44596 management and general:44596”

Form 990 Part IX Line 24 - Other Expenses

“Description:emergency funding total expenses:4550 program services:4550”

Raw XML AppendixShowing 400 of 744 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0AN ACADEMIC & SOCIALIZATION ENRICHMENT PROGRAM FOR TEENAGERS IN HARLEM, NY ENCOURAGING ATHLETIC PROWESS IN SQUASH CONCURRENT WITH IMPROVING ACADEMIC SKILLS. COMMUNITY SERVICE AND ATTENDING OTHER CULTURAL EVENTS COMPLETES THE SOCIALIZATION PROCESS.
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Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,153,358
Liabilities
$310,169
Net assets
$15,843,189
Revenue
$3,219,135
Expenses
$3,137,544
Net income
$81,591
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$0.11$17.3$4.60$4.19$0.41
2023Summary only. Only limited summary data is available for this year.$16.6$0.32$16.3$2.31$3.55$1.24
2022Detailed filing. Detailed filing data is available for this year.$16.2$0.31$15.8$3.22$3.14$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.6$0.26$17.3$3.35$2.84$0.51
2020Summary only. Only limited summary data is available for this year.$16.3$0.69$15.6$2.62$3.85$1.23
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.4$0.22$16.2$4.63$4.41$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.0$0.17$15.8$3.71$3.73$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$0.16$15.5$3.64$3.32$0.32
2016Detailed filing. Detailed filing data is available for this year.$15.0$0.12$14.8$3.07$3.08$0.01
2015Detailed filing. Detailed filing data is available for this year.$14.8$0.13$14.6$4.52$2.67$1.86
2014Detailed filing. Detailed filing data is available for this year.$19.4$6.64$12.8$2.71$2.46$0.24
2013Summary only. Only limited summary data is available for this year.$19.1$6.64$12.5$2.88$2.26$0.62
2012Summary only. Only limited summary data is available for this year.$18.6$6.60$12.0$2.14$1.85$0.29
2011Summary only. Only limited summary data is available for this year.$18.3$6.58$11.7$2.39$1.69$0.69
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $10M-$25M nonprofits