Squash Haven Inc
Squash Haven Inc shows strong financial growth and zero reported officer compensation over a decade.
EIN: 205500876 · New Haven, CT · NTEE: P20 · Updated: 2026-03-28
Is Squash Haven Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Squash Haven Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Squash Haven Inc
Squash Haven Inc (EIN: 205500876) is a nonprofit organization based in New Haven, CT, classified under NTEE code P20. The organization reported total revenue of $3.0M and total assets of $7.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Squash Haven Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Squash Haven Inc is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $966K |
| Surplus / Deficit | +$509K |
| Total Assets | $4.9M |
| Total Liabilities | $81K |
| Net Assets | $4.9M |
| Operating Margin | 34.5% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 61.3 months |
Financial Health Grade: A
In 2023, Squash Haven Inc reported a surplus of $509K with revenue exceeding expenses, holds 61.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Squash Haven Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.4% | +8.6% | +9.8% |
| 2022 | +53.7% | +16.9% | +19.7% |
| 2021 | +21.5% | +8.7% | +43.2% |
| 2020 | +3.4% | -2.8% | +20.4% |
| 2019 | -7.4% | +8.2% | +12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Squash Haven Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Squash Haven Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $509K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Squash Haven Inc consistently reports 0% officer compensation across all 12 available IRS 990 filings, indicating that no compensation was paid to officers or that it was negligible and not reported, which is highly unusual for an organization of its size and growth, suggesting a volunteer-led or extremely lean executive structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Squash Haven Inc:
- Consistent asset growth from $410,651 (2014) to $4,939,697 (2023)
- Strong revenue growth from $559,155 (2014) to $1,475,038 (2023)
- Expenses consistently lower than revenue, indicating financial prudence (e.g., $966,434 expenses vs. $1,475,038 revenue in 2023)
- 0% reported officer compensation across all 12 filings, demonstrating high transparency and mission focus
- Low liabilities relative to assets, indicating strong financial stability (e.g., $80,900 liabilities vs. $4,939,697 assets in 2023)
Frequently Asked Questions about Squash Haven Inc
Is Squash Haven Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Squash Haven Inc (EIN: 205500876) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Squash Haven Inc spend its money?
Squash Haven Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Squash Haven Inc tax-deductible?
Squash Haven Inc is registered as a tax-exempt nonprofit (EIN: 205500876). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Squash Haven Inc a good charity?
Based on the provided data, Squash Haven Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset and revenue growth, and a remarkable commitment to transparency with 0% reported officer compensation over a decade. This suggests a high dedication to its mission and efficient use of funds.
How has Squash Haven Inc's financial health changed over time?
Squash Haven Inc's financial health has significantly improved over time. Assets grew from $410,651 in 2014 to $4,939,697 in 2023, and revenue increased from $559,155 in 2014 to $1,475,038 in 2023. This consistent growth indicates robust financial management and increasing support.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, reporting 0% officer compensation in all available filings. This suggests that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for donor confidence.
Filing History
IRS 990 filing history for Squash Haven Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Squash Haven Inc's revenue has grown by 324.8%, moving from $347K to $1.5M. Total assets increased by 1951.6% over the same period, from $241K to $4.9M. Total functional expenses rose by 198.1%, from $324K to $966K. In its most recent filing year (2023), Squash Haven Inc reported a surplus of $509K, with revenue exceeding expenses. The organization holds $81K in liabilities against $4.9M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $966K | $4.9M | $81K | — | View 990 |
| 2022 | $1.9M | $890K | $4.5M | $57K | — | View 990 |
| 2021 | $1.2M | $761K | $3.8M | $164K | — | View 990 |
| 2020 | $992K | $700K | $2.6M | $163K | — | View 990 |
| 2019 | $959K | $720K | $2.2M | $49K | — | View 990 |
| 2018 | $1.0M | $665K | $1.9M | $75K | — | View 990 |
| 2017 | $987K | $583K | $1.5M | $55K | — | View 990 |
| 2016 | $699K | $553K | $1.0M | $48K | — | View 990 |
| 2015 | $898K | $516K | $814K | $21K | — | View 990 |
| 2014 | $559K | $467K | $411K | $44K | — | View 990 |
| 2013 | $433K | $416K | $284K | $35K | — | View 990 |
| 2012 | $347K | $324K | $241K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $966K, and assets of $4.9M (revenue -20.4% year-over-year).
- 2022: Revenue of $1.9M, expenses of $890K, and assets of $4.5M (revenue +53.7% year-over-year).
- 2021: Revenue of $1.2M, expenses of $761K, and assets of $3.8M (revenue +21.5% year-over-year).
- 2020: Revenue of $992K, expenses of $700K, and assets of $2.6M (revenue +3.4% year-over-year).
- 2019: Revenue of $959K, expenses of $720K, and assets of $2.2M (revenue -7.4% year-over-year).
- 2018: Revenue of $1.0M, expenses of $665K, and assets of $1.9M (revenue +5.0% year-over-year).
- 2017: Revenue of $987K, expenses of $583K, and assets of $1.5M (revenue +41.3% year-over-year).
- 2016: Revenue of $699K, expenses of $553K, and assets of $1.0M (revenue -22.2% year-over-year).
- 2015: Revenue of $898K, expenses of $516K, and assets of $814K (revenue +60.7% year-over-year).
- 2014: Revenue of $559K, expenses of $467K, and assets of $411K (revenue +29.3% year-over-year).
- 2013: Revenue of $433K, expenses of $416K, and assets of $284K (revenue +24.6% year-over-year).
- 2012: Revenue of $347K, expenses of $324K, and assets of $241K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Squash Haven Inc:
Data Sources and Methodology
This transparency report for Squash Haven Inc 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.