Xtreme Squash FY2021 filing

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Developed and implemented an urban Squash program combining Squash play and academic tutoring

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 71-1038115) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
$39K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average deficit $33K a year · 631% of revenue · last 4 filings
A surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
93%
of spending
93% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$39K
to officers and key staff · 67% of spending
Pay to officers and key staff is 67% of spending.
Part VII, Section A
0.7 mo
of spending, in cash
Plus $47K in investments, Pt X · Ln 11–13
0.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
2
of 3 voting members
2 of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$14K
+325% vs prior year
Spent
$58K
To programs
93%
Net assets
$50K
By yearFY2020–FY2023
Revenue
$14K
FY2021▲ +325%
Tap a bar for its year
Revenue by fiscal year
FY2020−$6K
FY2021$14K
FY2022$12K
FY2023$1K
Expenses
$58K
FY2021▼ -28%
Tap a bar for its year
Expenses by fiscal year
FY2020$81K
FY2021$58K
FY2022$15K
FY2023$398
Net assets
$50K
FY2021▼ -49%
Tap a bar for its year
Net assets by fiscal year
FY2020$99K
FY2021$50K
FY2022$38K
FY2023$43K

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Oct 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $54K Management & general 7% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $39K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President
$39,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Former Treasurer
$0Pt VII · Sec A
Former Secretary
$0Pt VII · Sec A

Mark Talbott’s $10K as President is at the 62nd percentile of top reported officer pay among 98 <$100K 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

NameFY2022FY2021FY2020
Mark Talbott$10,002$39,000$54,000

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.

See Xtreme Squash executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers urban youth squash and academic tutoring.

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1 program · $54K · in their own filed words · FY2021
01

Urban squash and tutoring program

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 71-1038115) · Dispute this line
$54Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$14K
Ln 12
Investment incomeLn 3$14K
Money outPt IX
$58K
Ln 25
Programscol B$54K
Managementcol C$4K
Owns and owesPt X
$50K
net assets · Ln 32
Cash and savingsLn 1–2$3K
Total assetsLn 16$50K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$14K
Gains on assetsLn 7$11K
Total revenueLn 12$14K
Assets in detailPt X, end of year
CashLn 1$3K
Cash and savings togetherLn 1–2$3K
InvestmentsLn 11–13$47K
Total assetsLn 16$50K
LiabilitiesLn 26$0
Net assetsLn 32$50K
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$2K$3K
InvestmentsLn 11–13$97K$47K
Total assetsLn 16$99K$50K
LiabilitiesLn 26$0$0
Net assetsLn 32$99K$50K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$39K$39K$0$0
Pay of disqualified personsLn 6$15K$15K$0$0
Payroll taxesLn 10$3K$0$3K$0
Accounting feesLn 11c$455$0$455$0
Investment management feesLn 11f$766$0$766$0
Other fees for servicesLn 11g$12$0$12$0
Total functional expensesLn 25$58K$54K$4K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 LatestFiled with the IRS May 13, 2024 $1K$398$835$43K 990 PDF
FY2022Filed with the IRS Feb 5, 2024 $12K$15K−$3K$38K 990 PDF
FY2021 ViewingFiled with the IRS Aug 31, 2022 $14K$58K−$44K$50K 990 PDF
FY2020Filed with the IRS Jul 29, 2021 −$6K$81K−$87K$99K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $14,469 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $15,000$0
I-9 Program service revenue$0
I-10 Investment incomePrior year −$21,430$14,469
I-11 Other revenue$0
I-12 Total revenuePrior year −$6,430$14,469
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $72,000$56,869
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $8,864$1,233
I-18 Total expensesPrior year $80,864$58,102
I-19 Revenue less expensesPrior year −$87,294−$43,633
Part VI · Governance 2 of 3 board members independent, 5 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $14,469 across 3 lines filed
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$3,422
VIII-7 Net gain or loss on sales of assetsRelated to mission $11,047 · Unrelated business $0 · Excluded from tax $0$11,047
VIII-12 Total revenueRelated to mission $14,469 · Unrelated business $0 · Excluded from tax $0$14,469
Part IX · Statement of functional expenses $58,102 across 6 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $39,000 · Management $0 · Fundraising $0$39,000
IX-6 Pay of disqualified personsPrograms $15,000 · Management $0 · Fundraising $0$15,000
IX-10 Payroll taxesPrograms $0 · Management $2,869 · Fundraising $0$2,869
IX-11c Accounting feesPrograms $0 · Management $455 · Fundraising $0$455
IX-11f Investment management feesPrograms $0 · Management $766 · Fundraising $0$766
IX-11g Other fees for servicesPrograms $0 · Management $12 · Fundraising $0$12
IX-25 Total functional expensesPrograms $54,000 · Management $4,102 · Fundraising $0$58,102
Part X · Balance sheet $49,904 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $1,996$3,276
X-11 Publicly traded securitiesStart of year $96,558$46,628
X-16 Total assetsStart of year $98,554$49,904
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $98,554$49,904
X-32 Total net assets or fund balancesStart of year $98,554$49,904
X-33 Total liabilities and net assetsStart of year $98,554$49,904
Part XI · Reconciliation of net assets $49,904 net assets at year end
XI-1 Total revenue$14,469
XI-2 Total expenses$58,102
XI-3 Revenue less expenses−$43,633
XI-4 Net assets at start of year$98,554
XI-5 Net unrealized gains (losses) on investments−$5,017
XI-10 Net assets at end of year$49,904

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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