2015-01-13T12:31:22-06:00 2014-08-31 820574075 DiPesa & Company CPA's 500 Victory Road 3rd Floor North Quincy MA 02171 990 2013-09-01 043330698 SQUASHBUSTERS INC SQUA 6173737782 795 COLUMBUS AVENUE ROXBURY CROSSING MA 021202108 ERRIN SIAGEL TREASURER 6173735426 2015-01-13 DI PESA COMPANY P01234408 6177867775 2013 2016-02-25 16:41:14Z ERRIN SIAGEL 795 COLUMBUS AVENUE ROXBURY CROSSING MA 02120 8712218 0 X WWW.SQUASHBUSTERS.ORG X 1996 MA TO CHALLENGE AND NURTURE URBAN YOUTH SO THAT THEY DEVELOP THE SKILLS AND CHARACTER TO ATTEND AND GRADUATE FROM COLLEGE, WHICH IN TURN, POSITIONS THEM TO REACH THEIR FULLEST POTENTIAL. 16 15 36 100 0 0 1523942 2343617 9653 7859 336294 604747 0 0 1869889 2956223 0 0 0 0 1003636 1099907 0 0 170526 437242 492045 1440878 1591952 429011 1364271 13312726 15123045 12500 12000 13300226 15111045 X TO CHALLENGE AND NURTURE URBAN YOUTH SO THAT THEY DEVELOP THE SKILLS AND CHARACTER TO ATTEND AND GRADUATE FROM COLLEGE, WHICH IN TURN, POSITIONS THEM TO REACH THEIR FULLEST POTENTIAL. 0 0 1026486 7859 INTENSIVE URBAN YOUTH PROGRAM SERVING 225 MIDDLE SCHOOL, HIGH SCHOOL, AND COLLEGE STUDENTS IN BOSTON AND LAWRENCE, MASSACHUSETTS. THE PROGRAM USES THE SPORT OF SQUASH, IN COMBINATION WITH ACADEMIC TUTORING AND ENRICHMENT, COMMUNITY SERVICE, SUMMER OPPORTUNITY, AND HANDS-ON COLLEGE COUNSELING TO ACHIEVE THREE SPECIFIC OUT COMES FOR OUR YOUTH: 1) IMPROVEMENT IN LONG-TERM HEALTH AND WELLNESS 2) COLLEGE SUCCESS - MATRICULATION, PERSERVERANCE, AND GRADUATION, AND 3) POSITIVE CHARACTER DEVELOPMENT. THE ORGANIZATION SERVES ITS STUDENTS CONTINUOUSLY FROM THE START OF MIDDLE SCHOOL UNTIL THEY GRADUATE HIGH SCHOOL AND ENROLL IN COLLEGE. THE PROGRAM THEN SUPPORTS EVERY STUDENT'S COLLEGE PERSERVERANCE AND GRADUATION. STUDENTS WILL SPEND APPROXIMATELY 100 DAYS EACH SCHOOL YEAR, FROM GRADE 6/7 THROUGH GRADE 12, WITH THE PROGRAM, STUDYING, PRACTICING, AND COMPETING IN SQUASH, EXERCISING, AND SERVING COMMUNITY. DURING THE SUMMER, THE ORGANIZATION CONNECTS ITS PARTICIPANTS TO A HOST OF OPPORTUNITIES INCLUDING INTERNATIONAL COMMUNITY SERVICE, ACADEMIC PROGRAMS AT HARVARD, MIT AND NORTHEASTERN AS WELL AS YMCA OVERNIGHT CAMPS AND JOBS. STUDENTS ARE SELECTED FROM PARTNERSHIPS WITH 5 LOCAL PUBLIC SCHOOLS IN BOSTON AND LAWRENCE. 1026486 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 36 1 0 0 0 0 0 1 1 0 0 0 0 X 16 15 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 MA X X ERRIN SIAGEL 6173735426 795 COLUMBUS AVENUE ROXBURY CROSSING MA 02120 GREG ZAFF CEO, DIRECTOR 40.00 X X 159450 0 6378 ERRIN SIAGEL TREASURER 3.00 X X 0 0 0 JOHN BLASBERG CHAIRMAN 3.00 X X 0 0 0 LEONARD BERNHEIMER DIRECTOR 1.00 X 0 0 0 JUDITH BANKER DIRECTOR 1.00 X 0 0 0 MATTHEW HALDEMAN DIRECTOR 1.00 X 0 0 0 THOMAS POOR DIRECTOR 1.00 X 0 0 0 GEORGE BELL DIRECTOR 1.00 X 0 0 0 LENARD ZIDE DIRECTOR 1.00 X 0 0 0 ALBERT TIERNEY III DEVELOPMENT CHAIR, DIRECTO 1.00 X 0 0 0 JONATHAN HYETT DIRECTOR 1.00 X 0 0 0 AMRIT KANWAL DIRECTOR 1.00 X 0 0 0 CHRISTOPHER LYNCH CHIEF OPERATING OFFICER 40.00 X X 122656 0 4906 NANCY LOUCKS DIRECTOR 1.00 X 0 0 0 JON KARLEN DIRECTOR 1.00 X 0 0 0 TERESA KOSTER DIRECTOR 1.00 X 0 0 0 DAVID DRUBNER DIRECTOR 1.00 X 0 0 0 282106 0 11284 2 0 1 0 0 1215916 1127701 2343617 REIMBURSED EXPENSES 713990 7859 7859 7859 102650 102650 6169486 5667389 502097 502097 502097 88606 1215916 88606 0 2956223 7859 0 604747 291301 195878 22851 72572 651982 568052 50619 33311 32432 25804 2715 3913 43528 34894 3537 5097 80664 60620 8211 11833 10435 10435 44990 44990 17600 17600 985 985 3799 3799 7130 7130 6305 6305 5434 3936 1498 153684 153684 49516 49516 PROGRAM EXPENSES 127289 127289 CONTRACT SERVICES 17887 13949 3938 TELEPHONE AND INTERNET 17225 17225 POSTAGE AND PRINTING 10349 2554 7795 19417 13578 5839 1591952 1026486 394940 170526 344775 493498 2500 115000 6580 0 6044091 1355192 4756151 4688899 8202720 9708773 0 116875 13312726 15123045 12500 12000 12500 12000 X 9366893 10368071 1296015 2105656 2637318 2637318 13300226 15111045 13312726 15123045 1364271 446548 0 X X 0 1 X 1 0 X 797382 1164532 1143629 827905 1127701 5061149 797382 1164532 1143629 827905 1127701 5061149 5061149 111555 109696 133158 171185 102650 628244 11360 243402 316135 870798 1725872 3167567 8856960 0.57140 0.74470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8326877 500000 1051043 44990 9832930 7741956 175000 462430 52509 8326877 7107275 322576 511253 151719 47429 7741956 6265297 103300 803105 18500 45927 7107275 6167144 1500 196590 25601 74336 6265297 0 0 0 5761745 1263554 4498191 282346 91638 190708 0 4688899 MONEY MARKET FUNDS 137324 F TREASURY MUTUAL FUNDS 149273 F EQUITY MUTUAL FUNDS 6239428 F BOND MUTUAL FUNDS 778225 F COMMODITY MUTUAL FUNDS 390578 F REAL ESTATE MUTUAL FUNDS 301234 F INTERNATIONAL MUTUAL FUNDS 1712711 F 9708773 X 3446387 446548 88606 535154 2911233 44990 44990 2956223 1635568 88606 88606 1546962 44990 44990 1591952 Part X, Line 2: MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION IN THE FINANCIAL STATEMENTS. MANAGEMENT DOES NOT BELIEVE ITS EVALUATION OF TAX POSITIONS WILL SIGNIFICANTLY CHANGE WITHIN TWELVE MONTHS OF AUGUST 31, 2014. ANY CHANGES IN TAX POSITIONS WILL BE RECORDED WHEN THE ULTIMATE OUTCOME BECOMES KNOWN. Part XI, Line 2d - Other Adjustments: EVENT EXPENSES NETTED AGAINST REVENUE 88606. Part XII, Line 2d - Other Adjustments: EVENT EXPENSES NETTED AGAINST REVENUE 88606. SQUASH TOURNAMENT 1304522 1215916 88606 88606 1304522 1215916 88606 88606 88606 0 X 0 0 0 0 0 0 0 0 0 GREG ZAFF CEO, DIRECTOR 159450 0 0 0 0 0 6378 0 0 0 165828 0 0 0 Form 990, Part VI, Section A, line 2 THE TREASURER OF THE ORGANIZATION AND A BOARD MEMBER ARE DOMESTIC PARTNERS. Form 990, Part VI, Section A, line 8a DURING FISCAL YEAR 2014, THERE WERE SEVERAL MEETINGS FOR WHICH MINUTES WERE NOT RECORDED. THERE WAS A PERIOD OF TIME DURING THIS YEAR ONLY, WHEN THE ORGANIZATION WAS WITHOUT A RECORDING SECRETARY. THIS HAS SINCE BEEN RECTIFIED. Form 990, Part VI, Section A, line 8b DURING FISCAL YEAR 2014, THERE WERE SEVERAL MEETINGS FOR WHICH MINUTES WERE NOT RECORDED. THERE WAS A PERIOD OF TIME DURING THIS YEAR ONLY, WHEN THE ORGANIZATION WAS WITHOUT A RECORDING SECRETARY. THIS HAS SINCE BEEN RECTIFIED. Form 990, Part VI, Section B, line 11 FORM 990 IS REVIEWED BY THE GOVERNING BODY BEFORE THE FORM IS FILED. Form 990, Part VI, Section B, line 15 COMPENSATION FOR THE EXECUTIVE DIRECTOR, MANAGING DIRECTOR AND KEY EMPLOYEES IS DETERMINED BY AN INDEPENDENT EXECUTIVE COMMITTEE. THE COMMITTEE CONSIDERS THE RESPONSIBILITIES OF THE POSITION, PAST PERFORMANCE OF INDIVIDUALS, AND COMPARABILITY DATA WHEN CONSIDERED NECESSARY. Form 990, Part VI, Section C, line 19 THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS MAY BE OBTAINED UPON REQUEST SENT TO THE ATTENTION OF GREG ZAFF, CEO, 795 COLUMBUS AVENUE, ROXBURY CROSSING, MA 02120. Form 990, Part XII, Line 2c: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.