First State Squash INC FY2021 filing

Tax-deductible

Wilmington, DE501(c)(3)Youth DevelopmentEIN 81-1843120Revenue $305K in FY2021

On file with the IRSfirststatesquash.org524b S Walnut St, 19801-5230 · Wilmington, DETax-exempt since Sep 2016Publicly supported charity — 170(b)(1)(A)(vi)

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First State Squash (FSS) is an academic and athletic youth program providing life-changing opportunities for children from low-income families in Wilmington through the sport of squash, intensive educational support,mentoring, community service activities and cultural exposure.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $652K a year · 60% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
17 mo
of spending, in cash
Looks good: 16.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
13
named funders · $273K
Looks good: 13 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$305K
Spent
$147K
To programs
81%
Net assets
$221K
By yearFY2021–FY2025
Revenue
$305K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$305K
FY2022$3.2M
FY2023$510K
FY2024$649K
FY2025$790K
Expenses
$147K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$147K
FY2022$348K
FY2023$436K
FY2024$573K
FY2025$689K
Net assets
$221K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$221K
FY2022$3.1M
FY2023$3.1M
FY2024$3.2M
FY2025$3.4M

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2016.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $119K Management & general 14% · $21K Fundraising 5% · $7K

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

14 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer/Co-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Owen Butler’s $104K as Executive Director is at the 89th percentile of top reported officer pay among 1992 $100K–1M youth development 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

NameFY2025FY2024FY2023FY2022
Owen Butler$103,995$99,312$81,658$63,659

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 First State Squash INC executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides squash, education, and mentoring to help low-income Wilmington youth succeed.

Provided by the organization

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1 program · $119K · in their own filed words · FY2020
01

First State Squash is an academic and athletic youth program providing life-changing opportunities for children from low-income families in Wilmington through the sport of squash, intensive educational support, mentoring, community service activities and cultural exposure.

$119Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 13 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$305K
Ln 12
Gifts and grantsLn 1h$305K
Money outPt IX
$147K
Ln 25
Programscol B$119K
Managementcol C$21K
Fundraisingcol D$7K
Owns and owesPt X
$221K
net assets · Ln 32
Cash and savingsLn 1–2$205K
Total assetsLn 16$221K
LiabilitiesLn 26$0
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$305K
Government grantsLn 1e$40K
Fundraising eventsLn 1c$70K
Total revenueLn 12$305K
Assets in detailPt X, end of year
CashLn 1$205K
Cash and savings togetherLn 1–2$205K
Total assetsLn 16$221K
LiabilitiesLn 26$0
Net assetsLn 32$221K
OperationsPt I, VI
EmployeesI 52
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$64K$205K
Total assetsLn 16$83K$221K
LiabilitiesLn 26$21K$0
Net assetsLn 32$62K$221K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$60K$48K$9K$3K
Other salaries and wagesLn 7$16K$13K$2K$798
Payroll taxesLn 10$5K$4K$810$270
Accounting feesLn 11c$3K$2K$390$130
Office expensesLn 13$658$526$99$33
OccupancyLn 16$16K$13K$2K$787
TravelLn 17$742$742$0$0
InsuranceLn 23$15K$12K$2K$740
Other expenses (24a–d)Ln 24$15K$13K$2K$764
All other expensesLn 24e$15K$14K$1K$391
Total functional expensesLn 25$147K$119K$21K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $790K$689K$101K$3.4M 990 PDF
FY2024 $649K$573K$77K$3.2M 990 PDF
FY2023 $510K$436K$74K$3.1M 990 PDF
FY2022 $3.2M$348K$2.9M$3.1M 990 PDF
FY2021 Viewing $305K$147K$158K$221K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $305,126 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $220,688$305,126
I-9 Program service revenue$0
I-10 Investment incomePrior year $0$0
I-11 Other revenue$0
I-12 Total revenuePrior year $220,688$305,126
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $109,197$81,373
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $100,207$65,267
I-18 Total expensesPrior year $209,404$146,640
I-19 Revenue less expensesPrior year $11,284$158,486
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $305,126 across 6 lines filed
VIII-1c Fundraising events$69,633
VIII-1e Government grants$40,094
VIII-1f All other contributions, gifts and grants$195,399
VIII-1h Total contributions, gifts and grants$305,126
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$305,126
Part IX · Statement of functional expenses $146,640 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $48,000 · Management $9,000 · Fundraising $3,000$60,000
IX-7 Other salaries and wagesPrograms $12,776 · Management $2,394 · Fundraising $798$15,968
IX-10 Payroll taxesPrograms $4,325 · Management $810 · Fundraising $270$5,405
IX-11c Accounting feesPrograms $2,083 · Management $390 · Fundraising $130$2,603
IX-13 Office expensesPrograms $526 · Management $99 · Fundraising $33$658
IX-16 OccupancyPrograms $12,591 · Management $2,361 · Fundraising $787$15,739
IX-17 TravelPrograms $742 · Management $0 · Fundraising $0$742
IX-23 InsurancePrograms $11,832 · Management $2,220 · Fundraising $740$14,792
IX-24 Other expenses (24a–d)Programs $12,619 · Management $1,906 · Fundraising $764$15,289
IX-24e All other expensesPrograms $13,644 · Management $1,409 · Fundraising $391$15,444
IX-25 Total functional expensesPrograms $119,138 · Management $20,589 · Fundraising $6,913$146,640
Part X · Balance sheet $220,696 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $63,571$205,222
X-4 Accounts receivableStart of year $19,365$15,474
X-16 Total assetsStart of year $82,936$220,696
X-17 Accounts payable and accrued expensesStart of year $20,726$0
X-26 Total liabilitiesStart of year $20,726$0
X-27 Net assets without donor restrictionsStart of year $62,210$220,696
X-32 Total net assets or fund balancesStart of year $62,210$220,696
X-33 Total liabilities and net assetsStart of year $82,936$220,696
Part XI · Reconciliation of net assets $220,696 net assets at year end
XI-1 Total revenue$305,126
XI-2 Total expenses$146,640
XI-3 Revenue less expenses$158,486
XI-4 Net assets at start of year$62,210
XI-10 Net assets at end of year$220,696

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

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