Capitol Squash Inc

What it reported doing in 2024

The mission of Capitol Squash is to empower youth of Hartford to reach their potential as athletes, students, and engaged citizens. Capitol Squash strives to provide youth with life-changing opportunities through the sport of squash, intensive educational support, mentoring, and community service activities. This past year, Capitol Squash expanded our reach and deepened our impact.Over the course of the fiscal year ending on June 30, 2025, we served 50 3rd-12th grade students and 19 post-secondary students. Students attended programming after school 2-4 days a week. We had 2,149 total program hours with the average individual participant attending 428 hours of programming. Students engaged in an hour of squash training followed by an hour of academic tutoring.Our students participated in academic enrichment ranging from debates and geography workshops to vocabulary competitions. They also attended memorable field trips to the Hartford Public Library, Auerfarm, Hartford Stitch, and Yale Peabody Museum. Our students conducted community service at the Hungerford Nature Center.Students across middle and high school engaged deeply in the college and post-secondary process. They participated in weekly workshops, visited 13 college campuses including Boston University, Central Connecticut State University, Mount Holyoke College, and UConn Storrs, and met directly with university admissions leaders. 100% of the students who graduated high school in FY25 have matriculated at college. They are attending American University, Bowdoin College, Central Connecticut State University, Hobart and William Smith Colleges, Trinity College, and UConn Hartford. This year, the total amount of money Capitol Squash students secured in financial aid and scholarships rose to $3.8 million.Expenses $478,507.

Financial Efficiency

• Mission deployment rate: 64.9%; rating input score 65
• Program expense ratio: 63.1%; rating input score 63
• Fundraising efficiency: $6.94 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 4 of 8 controls in place; rating input score 50
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 3.5%; rating input score 46; 46th percentile among comparable filings
• Total-asset coverage ratio: 3.81; rating input score 80; 80th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 61; 61st percentile among comparable filings
• Officer compensation ratio: 20.4%; rating input score 14; 14th percentile among comparable filings

Growth

• Program expense growth: 13.1% per year; rating input score 100; 71st percentile among comparable filings
• Revenue growth: 9.3% per year; rating input score 100; 64th percentile among comparable filings
• Asset growth: 19.9% per year; rating input score 100; 81st percentile among comparable filings