Racquet Up Detroit

“Proir to filing form 990, the president shares the final draft with the chair for review. The chair will then share the return with other officers if there are any areas of concern. All board members receive an electronic copy of form 990 before it is filed.”

“Board members must execute a conflict of interest disclosure form annually at the september board meeting. The executed forms are then reviewed by the chair and the secretary.”

“The chair and the compensation committee assemble a written review of the president and chief executive officer prior to the end of the fiscal year, then meet with the president and chief executive officer in person to share feedback and address concerns. The president and chief executive officer also completes a written self-assessment, which contributes to the review by the chair and the compensation committee. An executive session is held at the board meeting to approve a compensation package for the president and chief executive officer. A new employment agreement is then executed by the chair and the president and chief executive officer.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Key accomplishments for this program include the following: - 100 percent of first seven cohorts of students graduated from high school - 100 percent of first seven cohorts of students admitted to college - school attendance rate for racquet up detroit participants beats the average for detroit students - high school graduates are more than 2 times as likely to earn a college degree within 6 years of high school compared to first generation, lower income peers in detroit - 30 student have earned full scholarships to prestigious and challenging academic summer programs at phillips exeter academy, hotchkiss, lawrenceville, choate, and taft schools - over $250,000 in summer scholarships earned, placing students at camps and programs across the united states, including stanford university, kenyon college, michigan state university, wayne state university, university of virginia, deerfield academy, ymca camp hayo-went-ha, and ymca camp ohiyesa and nissokone - urban squash team national champions in 2018 - eight graduates have played collegiate squash at denison, hobart, chatham, and st. Lawrence university - construction of new dedicated facility, completed on time and under budget”

“Change in net assets due to reduction in beneficial interest in foundation -5,059,967.”