Capitol Squash INC EIN 27-2791355 Form 990 (PDF) Claim this org

Capitol Squash INC

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Empowers Hartford youth to excel as athletes, scholars, and citizens. For fiscal year 2025 it reported $786K in revenue, $758K in expenses, and $2.8M in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Hartford, CT
Website
www.capitolsquash.org
Filings
5 on file (2021–2025)
Revenue
$786KFY2025
Expenses
$758K
Net assets
$2.8M
People
25
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-2791355 Public charity (501(c)(3)) Hartford, CT
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers Hartford youth to excel as athletes, scholars, and citizens.
Leadership
Meg Taylor · Executive Dir. · $155K
Money in and out
$786K revenue, $758K expenses
Bottom line
63% program efficiency
Where the money goes · FY2025
Total revenue
$786K
Pt VIII · Ln 12
Total expenses
$758K
Pt IX · Ln 25
Net assets
$2.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $28K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.23 Fundraising $0.13
Program efficiency
63%
of spending reaches programs+0.3% vs prior filing year
Operating runway
41.7mo
months of highly liquid reserves at operating expense rate▼ -20% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▼ -2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$786K
FY2025▲ +21%
Expenses
$758K
FY2025▲ +21%
Total assets
$2.9M
FY2025▲ +0.7%
Total liabilities
$66K
FY2025▼ -43%
Total revenue
$786K
Pt VIII · Ln 12
Total expenses
$758K
Pt IX · Ln 25
Net assets
$2.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$28K
Total assetsPt X · Ln 16$2.9M
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 323
Independent voting membersPt I · Ln 423

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCapitol Squash INC
EINHdr · item D27-2791355
Principal addressHdr · item CHartford, CT
WebsiteHdr · item Jwww.capitolsquash.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N60)
Ruling yearIRS BMFApr 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a23
Independent voting membersPt VI · Ln 1b23
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Dir.
$154,782Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Meg Taylor’s $155K as Executive Dir. is at the 99th percentile of top reported officer pay among 1016 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Meg Taylor$154,782$115,250$107,500$100,000$91,250

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $479K of program spending, described in the organization's own filed words · FY2024.
01

The mission of Capitol Squash is to empower youth of Hartford to reach their potential as athletes, students, and engaged citizens. Capitol Squash strives to provide youth with life-changing opportunities through the sport of squash, intensive educational support, mentoring, and community service activities.

$479Kprogram expense
02

Squash court time donated by Trinity College. Approximately 36 weeks at 31 hours per week with an estimated value of $16,875.

$17Kprogram expense
03

Less in-kind contribution of facilites, not reported in expenses.

$-17Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$706K · 90%
Investment income$80K · 10%
Contributions & grants90%$706K
Investment income10%$80K
— government grantsLn 1e$74K
Total revenueLn 12$786K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.23 Fundraising $0.13
Program services63%$479K
Management & general23%$178K
Fundraising13%$102K
Total functional expensesLn 25$758K

Balance Sheet

Part X · end of year
CashLn 1$1.3M
Total assetsLn 16$2.9M
Total liabilitiesLn 26$66K
Total net assetsLn 32$2.8M
Months of cash on handcomputed20.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.5M · Operating expenses (Pt IX) $758K · Less non-cash grants $30K · Cash operating expenses/yr $728K
41.7 months
Where the money goes
Program services
Program services $479K · Total expenses $758K
63%
Management & General
Management & general $178K · Total expenses $758K
23%
Fundraising
Fundraising $102K · Total expenses $758K
13%
Cost to raise $1
Fundraising expense (3-yr avg) $78K · Solicited contributions (3-yr avg) $660K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $706K · Total revenue $786K
90%
Government reliance
Government grants $74K · Total revenue $786K
9%
Earned-income share
Program service revenue $0 · Total revenue $786K
0%
Investment reliance
Investment income $80K · Total revenue $786K
+10%
Program self-sufficiency
Program service revenue $0 · Total expenses $758K
0%
Growth & trend
Revenue growth (YoY)
This year $786K · Prior year $648K
+21%
Revenue CAGR
FY2020 $756K · FY2024 $786K
+1.0%
Net-asset trend (YoY)
End of year $2.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $786K · Expenses $758K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $2.9M
Net-asset ratio
Net assets $2.8M · Total assets $2.9M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.2M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $2.9M
42%
People & payroll
Highest Reported Total Compensation
Individual Meg Taylor · Reported title Executive Dir. · Highest reported compensation $155K · Total expenses $758K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $634K · Total expenses $758K
84%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 23%
Fundraising cost ratio 14%
Revenue growth 21%
Investment management fee ratio 0%
Legal fee ratio 1.0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$1K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$786K revenue · viewing · ⤓ 990 PDF
FY2024$648K revenue · ⤓ 990 PDF
FY2023$826K revenue · ⤓ 990 PDF
FY2022$829K revenue · ⤓ 990 PDF
FY2021$756K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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