716 Squash INC EIN 82-2680997

716 Squash INC

EIN  82-2680997 Public charity (501(c)(3)) Buffalo, NY Founded 2017
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Size
$100K–1M
What they do
Empowers underserved Buffalo youth through education, mentoring, service, and squash for a brighter future.
Leadership
Hope Lynch · Executive Director · $83K
Money in and out
$724K revenue, $544K expenses
Bottom line
81% program efficiency

Empowers underserved Buffalo youth through education, mentoring, service, and squash for a brighter future. For fiscal year 2024 it reported $724K in revenue, $544K in expenses, and $564K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$724K
Pt VIII · Ln 12
Total expenses
$544K
Pt IX · Ln 25
Net assets
$564K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $180K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.06 Fundraising $0.14
Program efficiency
81%
of spending reaches programs0% vs prior filing year
Operating runway
6.5mo
months of highly liquid reserves at operating expense rate▼ -36% vs prior filing year
Surplus margin
+25%
revenue over expenses, this year▲ +409% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$724K
FY2024▲ +74%
Expenses
$544K
FY2024▲ +21%
Total assets
$599K
FY2024▲ +43%
Total liabilities
$35K
FY2024▲ +5%
Total revenue
$724K
Pt VIII · Ln 12
Total expenses
$544K
Pt IX · Ln 25
Net assets
$564K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$180K
Total assetsPt X · Ln 16$599K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416
Mission & Programs · Part III

Where the work happens

1 program service account for $438K of program spending, described in the organization's own filed words · FY2024.
01

The Organization has one large program which is a year-round program providing academic tutoring, mentoring, and health and wellness through the sport of squash. The participants will attend the program up to three times a week during the school year and four times a week during the summer.

$438Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item C716 Squash INC
EINHdr · item D82-2680997
Principal addressHdr · item CBuffalo, NY
WebsiteHdr · item Jwww.716squash.org
Year of formationHdr · item L2017
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W11)
Ruling yearIRS BMFMar 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b16
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$82,949Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A

Hope Lynch’s $83K as Executive Director is at the 65th percentile of top reported officer pay among 1033 $100K–1M public & societal benefit 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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Hope Lynch$82,949$81,036$78,686$76,202$68,792$75,460

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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Statement of Revenue

Part VIII
Contributions & grants$630K · 87%
Other revenue$89K · 12%
Investment income$5K · 1%
Contributions & grants87%$630K
Other revenue12%$89K
Investment income1%$5K
— government grantsLn 1e$20K
Total revenueLn 12$724K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.06 Fundraising $0.14
Program services81%$438K
Management & general6%$30K
Fundraising14%$75K
Total functional expensesLn 25$544K

Balance Sheet

Part X · end of year
CashLn 1$281K
Total assetsLn 16$599K
Total liabilitiesLn 26$35K
Total net assetsLn 32$564K
Months of cash on handcomputed6.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $290K · Operating expenses (Pt IX) $544K · Less non-cash grants $5K · Cash operating expenses/yr $538K
6.5 months
Where the money goes
Program services
Program services $438K · Total expenses $544K
81%
Management & General
Management & general $30K · Total expenses $544K
6%
Fundraising
Fundraising $75K · Total expenses $544K
14%
Cost to raise $1
Fundraising expense (3-yr avg) $63K · Solicited contributions (3-yr avg) $448K
$0.14 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $630K · Total revenue $724K
87%
Government reliance
Government grants $20K · Total revenue $724K
3%
Earned-income share
Program service revenue $0 · Total revenue $724K
0%
Investment reliance
Investment income $5K · Total revenue $724K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $544K
0%
Growth & trend
Revenue growth (YoY)
This year $724K · Prior year $416K
+74%
Revenue CAGR
FY2019 $334K · FY2024 $724K
+17%
Net-asset trend (YoY)
End of year $564K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $724K · Expenses $544K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $599K
Net-asset ratio
Net assets $564K · Total assets $599K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $9K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $599K
1%
People & payroll
Highest Reported Total Compensation
Individual Hope Lynch · Reported title Executive Director · Highest reported compensation $83K · Total expenses $544K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $355K · Total expenses $544K
65%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 6%
Fundraising cost ratio 12%
Revenue growth 74%

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 · FY2024
See all 19 funders →

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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
FY2024$416K revenue · ⤓ 990 PDF
FY2023$406K revenue · ⤓ 990 PDF
FY2022$379K revenue · ⤓ 990 PDF
FY2021$319K revenue · ⤓ 990 PDF
FY2020$334K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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