Civic Intelligence

Baltimore Squashwise Inc.

990 • Fiscal year 2019 • EIN 26-2194077

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 02, 2020

3600 Clipper Mill Road - Suite 103Baltimore, MD 21211

(443) 682-7126

Siviq Scores

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

Liabilities / Assets

29th percentile

0.01x

Higher debt load relative to assets than 29% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

30th percentile

0.03x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

74th percentile

17%

Higher net margin than 74% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

94th percentile

75%

Faster asset growth than 94% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2019

Revenue Growth

75th percentile

20%

Faster revenue growth than 75% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2019

Assets

Up

$1,773,638

Up $162,482 (+10%) from 2018

Net Assets

Up

$1,750,888

Up $147,983 (+9.2%) from 2018

Liabilities

Up

$22,750

Up $14,499 (+176%) from 2018

Revenue

Down

$901,323

Down $738,590 (-45%) from 2018

Expenses

Up

$752,354

Up $141,375 (+23%) from 2018

Net Income

Down

$148,969

Down $879,965 (-86%) from 2018

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $270,332Liabilities 2011: $0Net Assets 2011: $270,3322011Assets 2012: $364,583Liabilities 2012: $8,569Net Assets 2012: $356,0142012Assets 2013: $402,093Liabilities 2013: $7,020Net Assets 2013: $395,0732013Assets 2014: $429,123Liabilities 2014: $9,513Net Assets 2014: $419,6102014Assets 2015: $538,674Liabilities 2015: $11,374Net Assets 2015: $527,3002015Assets 2016: $512,835Liabilities 2016: $2,482Net Assets 2016: $510,3532016Assets 2017: $576,783Liabilities 2017: $2,812Net Assets 2017: $573,9712017Assets 2018: $1,611,156Liabilities 2018: $8,251Net Assets 2018: $1,602,9052018Assets 2019: $1,773,638Liabilities 2019: $22,750Net Assets 2019: $1,750,8882019Assets 2020: $1,889,791Liabilities 2020: $141,786Net Assets 2020: $1,748,0052020Assets 2021: $3,445,397Liabilities 2021: $1,337,528Net Assets 2021: $2,107,8692021Assets 2022: $5,628,454Liabilities 2022: $106,485Net Assets 2022: $5,521,9692022Assets 2023: $9,327,728Liabilities 2023: $190,275Net Assets 2023: $9,137,4532023Assets 2024: $12,327,632Liabilities 2024: $112,016Net Assets 2024: $12,215,6162024

Highlighted filing

2019

Assets$1,773,638
Liabilities$22,750
Net Assets$1,750,888

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $224,1402011Expenses 2012: $268,3792012Expenses 2013: $337,7132013Revenue 2014: $415,904Expenses 2014: $391,367Net Income 2014: $24,5372014Revenue 2015: $531,024Expenses 2015: $423,336Net Income 2015: $107,6882015Revenue 2016: $501,517Expenses 2016: $518,464Net Income 2016: -$16,9472016Revenue 2017: $623,643Expenses 2017: $560,025Net Income 2017: $63,6182017Revenue 2018: $1,639,913Expenses 2018: $610,979Net Income 2018: $1,028,9342018Revenue 2019: $901,323Expenses 2019: $752,354Net Income 2019: $148,9692019Revenue 2020: $779,394Expenses 2020: $766,623Net Income 2020: $12,7712020Revenue 2021: $1,032,451Expenses 2021: $751,040Net Income 2021: $281,4112021Revenue 2022: $4,491,861Expenses 2022: $1,138,264Net Income 2022: $3,353,5972022Revenue 2023: $5,149,171Expenses 2023: $1,450,028Net Income 2023: $3,699,1432023Revenue 2024: $4,425,652Expenses 2024: $1,347,524Net Income 2024: $3,078,1282024

Highlighted filing

2019

Revenue$901,323
Expenses$752,354
Net Income$148,969
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 2, 2020
Return Version
2018v3.2
Gross Receipts
$921,508
Mission and Program Overview

Mission

Squashwise partners with baltimore's youth and families to advance equity in squash, education, and personal development opportunities. We are a dedicated agent of change providing a place where students reach their academic, athletic, and life goals and where the squash community becomes more accessible and welcoming for all.

Squashwise's vision is to instill a lifelong commitment to educational improvement, personal fulfillment, and public contribution in aspiring baltimore youth through academics, squash, and wellness activities. By using squash as a motivator, squashwise helps students realize their academic, athletic and personal potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$720,426$1,004,422▲ $283,996
Pledges and Grants Receivable$491,624$438,043▼ $53,581
Cash and Non-Interest-Bearing Accounts$358,207$293,947▼ $64,260
Land, Buildings, and Equipment, Net$35,610$31,751▼ $3,859
Prepaid Expenses and Deferred Charges$4,153$4,339▲ $186
Total Assets$1,611,156$1,773,638▲ $162,482
Other Assets Total$1,136$1,136→ $0
Liabilities
Other Liabilities$7,575$21,494▲ $13,919
Accounts Payable and Accrued Expenses$676$1,256▲ $580
Total Liabilities$8,251$22,750▲ $14,499
Net Assets / Fund Balance
Unrestricted Net Assets$752,905$900,888▲ $147,983
Temporarily Rstr Net Assets$850,000$850,000→ $0
Total Net Assets Fund Balance$1,602,905$1,750,888▲ $147,983
Total Liabilities and Net Assets / Fund Balance$1,611,156$1,773,638▲ $162,482

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$58,800-$58,800
Equipment$4,619-$4,619
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$898,589
Program Service Revenue
$0
Investment Income
$10,289
Other Revenue
$-7,555
All Other Contributions
$672,084
Change in Net Assets
$148,969

Audited Revenue Reconciliation

Revenue per Audited Statements
$901,323
Revenue Not Reported on Form 990
$41,270
Total Revenue per Audited Statements
$942,593
Total Revenue per Form 990
$901,323
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$556,696
Other Expenses$195,658
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$414,642$51,804-$466,446
Other Employee Benefits$39,162$2,121-$41,283
Payroll Taxes$31,932$3,986-$35,918
All Other Expenses$27,237$881-$28,118
Occupancy$23,151$2,572-$25,723
Other Expenses$16,046--$16,046
Fees for Services Accounting-$14,560-$14,560
Pension Plan Contributions$11,495$1,554-$13,049
Office Expenses-$8,172-$8,172
Insurance$2,135$4,075-$6,210
Fees for Services Other$487$5,348-$5,835
Information Technology$3,131$2,223-$5,354
Depreciation Depletion$4,913--$4,913
Advertising-$3,241-$3,241
Travel-$1,326-$1,326
Conferences and Meetings-$924-$924
Total Functional Expenses$649,567$102,787$0$752,354

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$771,142
Expenses per Audited Statements$752,354
Total Expenses per Form 990$752,354
Expenses Not Reported on Form 990$18,788
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$20,185
Fundraising Gross Income$11,550
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
10th Anniversar$143,055$11,550$4,448$7,102
Total Events$143,055$11,550$20,185$-8,635
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Liabilities$11,417
Unused Ptp Payable$9,112
Payroll Liabilites$965
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is prepared by an independent cpa with information provided by the executive director. The executive director then provides a copy of the form 990 to the officers of the board and then the full board. Currently the officers are not compensated.

Form 990, Page 6, Part VI, Line 12C

The written statement concerning conflict of interest is circulated annually to all board members and employees who are to read and review the document in its entirety. Upon review, they are to sign a statement either giving assurance that there are no conflicts of interest or list any possible conflicts of interest on the space below. In the event of any possible conflicts, the board reviews the statement and makes a determination to either replace the boardmember or for them to immediately terminate any type of transaction which is not appropriate.

Form 990, Page 6, Part VI, Line 15A

All employee hiring, compensation, increases, and bonus (if any) are discussed among the boardmembers. After the discussion, the board must vote majority in order for any of these hiring or compensation resolutions to pass.

Form 990, Page 6, Part VI, Line 15B

All employee hiring, compensation, increases, and bonus (if any) are discussed among the boardmembers. After the discussion, the board must vote majority in order for any of these hiring or compensation resolutions to pass.

Form 990, Page 6, Part VI, Line 19

Upon request of executive director at the office of the organization.

Filing and Contact Details

Filer

Filer Name
Baltimore Squashwise Inc
EIN
26-2194077
Phone
4436827126
Address
3600 CLIPPER MILL ROAD - SUITE 103, BALTIMORE, MD 21211

Signing Officer

Name
Abby Markoe
Title
Ex Director
Phone
4436827126
Signed
2020-04-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sage Platt
Formed
2007
Legal Domicile
Md
Voting Board Members
17
Independent Board Members
17
Employees
12
Volunteers
58

Preparer

Firm
P & G Built Solutions Inc
Address
7939 HONEYGO BLVD STE 212, NOTTINGHAM, MD 21236
Preparer
Laura Concannon
Phone
4108231285
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Squashwise's vision is to instill a lifelong commitment to educational improvement, personal fulfillment, and public contribution in aspiring baltimore youth through academics, squash, and wellness activities. By using squash as a motivator, squashwise helps students realize their academic, athletic and personal potential.

Form 990, Page 1, Part I, Line 6

Volunteers provide tutoring and coaching services to students.

Form 990, Page 2, Part III, Line 4D

Squashwise celebrated the organization's 10th anniversary with a reception.

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Direct event expenses 20,185

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.3$0.11$12.2$4.43$1.35$3.08
2023Detailed filing. Detailed filing data is available for this year.$9.33$0.19$9.14$5.15$1.45$3.70
2022Detailed filing. Detailed filing data is available for this year.$5.63$0.11$5.52$4.49$1.14$3.35
2021Detailed filing. Detailed filing data is available for this year.$3.45$1.34$2.11$1.03$0.75$0.28
2020Detailed filing. Detailed filing data is available for this year.$1.89$0.14$1.75$0.78$0.77$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.77$0.02$1.75$0.90$0.75$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.61$0.01$1.60$1.64$0.61$1.03
2017Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.57$0.62$0.56$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.50$0.52$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.53$0.53$0.42$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.01$0.42$0.42$0.39$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.01$0.40$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.01$0.36$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$0.22