Is United States Squash Racquets Association Inc Legit?

The United States Squash Racquets Association Inc. demonstrates a fluctuating but generally strong financial position, with assets consistently exceeding liabilities. In the latest filing (202306), the organization reported assets of $37,279,820 against liabilities of $5,283,343, indicating robust financial health. However, recent years have shown expenses exceeding revenue, with 202306 reporting $10,627,941 in expenses against $8,151,767 in revenue, and 202206 showing $9,024,515 in expenses versus $7,909,847 in revenue. This trend suggests the organization is drawing down on its reserves or experiencing temporary operational deficits, which warrants monitoring. The organization's transparency appears high regarding executive compensation, as all filings indicate 0% officer compensation, suggesting that top leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, or that the organization has a unique compensation structure. This lack of reported officer compensation is unusual for an organization of this size and could be a strength in terms of resource allocation to programs, or it could indicate a need for further clarification on how leadership is compensated. The consistent filing history over 13 periods also points to good compliance and transparency in reporting.