Fairmount Squash Academy
EIN: 462485794 · Kng Of Prussa, PA · NTEE: N66
Is Fairmount Squash Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fairmount Squash Academy
Fairmount Squash Academy (EIN: 462485794) is a nonprofit organization based in Kng Of Prussa, PA, classified under NTEE code N66. The organization reported total revenue of $540K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairmount Squash Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairmount Squash Academy is a small nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2013–2019). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $540K |
| Total Expenses | $214K |
| Surplus / Deficit | +$325K |
| Total Assets | $5K |
| Total Liabilities | $5K |
| Net Assets | $66 |
| Operating Margin | 60.3% |
| Debt-to-Asset Ratio | 98.7% |
| Months of Reserves | 0.3 months |
Financial Health Grade: B
In 2019, Fairmount Squash Academy reported a surplus of $325K with revenue exceeding expenses, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 98.7% (high leverage).
Financial Trends
Over 7 years of filings (2013–2019), Fairmount Squash Academy's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -57.2% | -83.2% | +594.0% |
| 2018 | +15.8% | -8.2% | -66.5% |
| 2017 | -20.8% | +-0.0% | -87.7% |
| 2016 | -15.4% | +4.0% | -44.3% |
| 2015 | +70.0% | +13.5% | +193.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fairmount Squash Academy has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fairmount Squash Academy with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $325K, with revenue exceeding expenses.
- Debt-to-asset ratio: 98.7%.
Frequently Asked Questions about Fairmount Squash Academy
Is Fairmount Squash Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Fairmount Squash Academy (EIN: 462485794) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fairmount Squash Academy spend its money?
Detailed spending breakdown data is not yet available for Fairmount Squash Academy. Check back for updated IRS 990 analysis.
Are donations to Fairmount Squash Academy tax-deductible?
Fairmount Squash Academy is registered as a tax-exempt nonprofit (EIN: 462485794). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Fairmount Squash Academy showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2013–2019), Fairmount Squash Academy's revenue has grown by 15.4%, moving from $468K to $540K. Total assets decreased by 78.6% over the same period, from $24K to $5K. Total functional expenses fell by 59.1%, from $523K to $214K. In its most recent filing year (2019), Fairmount Squash Academy reported a surplus of $325K, with revenue exceeding expenses. The organization holds $5K in liabilities against $5K in assets (debt-to-asset ratio: 98.7%), resulting in net assets of $66.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $540K | $214K | $5K | $5K | — | View 990 |
| 2018 | $1.3M | $1.3M | $730 | $326K | — | View 990 |
| 2017 | $1.1M | $1.4M | $2K | $311K | — | View 990 |
| 2016 | $1.4M | $1.4M | $18K | $25K | — | View 990 |
| 2015 | $1.6M | $1.3M | $32K | $23K | — | View 990 |
| 2014 | $954K | $1.2M | $11K | $289K | — | View 990 |
| 2013 | $468K | $523K | $24K | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $540K, expenses of $214K, and assets of $5K (revenue -57.2% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $730 (revenue +15.8% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.4M, and assets of $2K (revenue -20.8% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $18K (revenue -15.4% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.3M, and assets of $32K (revenue +70.0% year-over-year).
- 2014: Revenue of $954K, expenses of $1.2M, and assets of $11K (revenue +104.1% year-over-year).
- 2013: Revenue of $468K, expenses of $523K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairmount Squash Academy:
Data Sources and Methodology
This transparency report for Fairmount Squash Academy is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.