United States Squash Racquets Association Inc

United States Squash Racquets Association Inc. shows strong assets but recent operational deficits with no reported officer compensation.

EIN: 166050490 · Philadelphia, PA · NTEE: N66Z · Updated: 2026-03-28

$11.0MRevenue

$35.8MAssets

85/100Mission Score (Excellent)

N66Z

About United States Squash Racquets Association Inc

United States Squash Racquets Association Inc (EIN: 166050490) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code N66Z. The organization reported total revenue of $11.0M and total assets of $35.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United States Squash Racquets Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates United States Squash Racquets Association Inc with a Mission Score of 85 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: 80%
fundraising: 10%

According to IRS 990 filings, United States Squash Racquets Association Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with annual revenues exceeding $8 million and assets over $35 million. This suggests either a volunteer-led executive team, compensation structured outside of typical officer compensation reporting, or a highly efficient model where leadership is not directly compensated from the organization's funds.

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.

Red Flags

The following concerns were identified during AI analysis of United States Squash Racquets Association Inc's IRS 990 filings:

Expenses exceeding revenue in recent fiscal years (e.g., $10.6M expenses vs. $8.1M revenue in 202306).
Unexplained 0% officer compensation for an organization of this scale, which may obscure actual leadership compensation.

Strengths

The following positive indicators were identified for United States Squash Racquets Association Inc:

Strong asset base ($37,279,820 in 202306) significantly exceeding liabilities ($5,283,343).
Consistent filing history over 13 periods, indicating good compliance.
Significant revenue generation, with latest reported revenue at $10,972,641.
Low liabilities relative to assets, indicating a healthy balance sheet.

Frequently Asked Questions about United States Squash Racquets Association Inc

How does the United States Squash Racquets Association Inc. sustain operations with expenses exceeding revenue in recent years?

In the 202306 period, expenses ($10,627,941) exceeded revenue ($8,151,767) by over $2.4 million. This suggests the organization is likely utilizing its substantial asset base ($37,279,820) to cover operational costs, potentially drawing from endowments or accumulated reserves.

What is the explanation for 0% officer compensation reported across all filings?

The consistent reporting of 0% officer compensation is highly unusual for an organization of this size. It could indicate that executive leadership is entirely volunteer-based, compensated through a related entity, or that compensation is structured in a way that is not categorized as 'officer compensation' on the IRS Form 990.

Is the organization's financial health stable given the recent revenue-expense trends?

While the organization possesses significant assets ($37,279,820 in 202306), the trend of expenses exceeding revenue in the last two reported periods (202306 and 202206) suggests a reliance on reserves. This trend, if continued, could impact long-term financial stability despite current strong asset levels.

Filing History

IRS 990 filing history for United States Squash Racquets Association Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), United States Squash Racquets Association Inc's revenue has grown by 166.4%, moving from $3.1M to $8.2M. Total assets increased by 1104.4% over the same period, from $3.1M to $37.3M. Total functional expenses rose by 308.1%, from $2.6M to $10.6M. In its most recent filing year (2023), United States Squash Racquets Association Inc reported a deficit of $2.5M, with expenses exceeding revenue. The organization holds $5.3M in liabilities against $37.3M in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $32.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$8.2M	$10.6M	$37.3M	$5.3M	—	—
2022	$7.9M	$9.0M	$38.9M	$4.5M	—	View 990
2021	$9.7M	$4.2M	$39.4M	$3.4M	—	View 990
2020	$10.9M	$6.1M	$37.3M	$4.9M	—	View 990
2019	$16.7M	$6.8M	$29.6M	$1.8M	—	View 990
2018	$18.8M	$5.8M	$19.3M	$1.6M	—	View 990
2017	$5.5M	$5.3M	$6.2M	$1.5M	—	View 990
2016	$4.5M	$5.2M	$6.0M	$1.7M	—	View 990
2015	$7.5M	$4.9M	$6.1M	$1.0M	—	View 990
2014	$4.4M	$4.5M	$3.7M	$993K	—	View 990
2013	$3.6M	$4.0M	$3.4M	$671K	—	View 990
2012	$4.9M	$4.2M	$3.8M	$657K	—	View 990
2011	$3.1M	$2.6M	$3.1M	$634K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $8.2M, expenses of $10.6M, and assets of $37.3M (revenue +3.1% year-over-year).
2022: Revenue of $7.9M, expenses of $9.0M, and assets of $38.9M (revenue -18.2% year-over-year).
2021: Revenue of $9.7M, expenses of $4.2M, and assets of $39.4M (revenue -11.2% year-over-year).
2020: Revenue of $10.9M, expenses of $6.1M, and assets of $37.3M (revenue -34.7% year-over-year).
2019: Revenue of $16.7M, expenses of $6.8M, and assets of $29.6M (revenue -11.3% year-over-year).
2018: Revenue of $18.8M, expenses of $5.8M, and assets of $19.3M (revenue +242.8% year-over-year).
2017: Revenue of $5.5M, expenses of $5.3M, and assets of $6.2M (revenue +21.3% year-over-year).
2016: Revenue of $4.5M, expenses of $5.2M, and assets of $6.0M (revenue -39.4% year-over-year).
2015: Revenue of $7.5M, expenses of $4.9M, and assets of $6.1M (revenue +70.7% year-over-year).
2014: Revenue of $4.4M, expenses of $4.5M, and assets of $3.7M (revenue +22.3% year-over-year).
2013: Revenue of $3.6M, expenses of $4.0M, and assets of $3.4M (revenue -27.2% year-over-year).
2012: Revenue of $4.9M, expenses of $4.2M, and assets of $3.8M (revenue +60.4% year-over-year).
2011: Revenue of $3.1M, expenses of $2.6M, and assets of $3.1M.

Data Sources and Methodology

This transparency report for United States Squash Racquets Association 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.