United States Squash Racquets Assoc Inc
Nonprofit profile at a glance
- EIN
- 166050490
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2122684090
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Racquet Sports
Reported finances
- Revenue
- $10,708,475
- Expenses
- $9,732,246
- Assets
- $35,758,448
- Liabilities
- $2,336,447
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- KEVIN KLIPSTEIN (PRESIDENT & CEO)
- EDWARD EDWARDS (EXECUTIVE DIRECTOR - USQ FOUNDATION)
- NICHOLAS KOKIKO (SENIOR VICE PRESIDENT, ADVANCEMENT)
Highest reported compensation
- KEVIN KLIPSTEIN (PRESIDENT & CEO): $446,937 total reported compensation
- EDWARD EDWARDS (EXECUTIVE DIRECTOR - USQ FOUNDATION): $222,892 total reported compensation
- RYAN RYANFIELD (CTO): $206,343 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Us squash is the governing body of the game of squash racquets in the USA. Its mission is to lead squash's growth and development by increasing access and awareness, supporting meaningful lifelong engagement in the sport, and encouraging sportsmanship.
What it reported doing in 2024
Organized activities: organized play, accreditation and rankings: us squash is responsible for accrediting tournaments and leagues nationally, setting the basic standards and guidelines for competition. Several hundred tournaments are accredited annually, along with city leagues in two dozen markets, and numerous ladders and leagues at local facilities. Us squash works with over 200 tournament directors and league coordinators to support the management of these competitions. The association runs and maintains the official national ranking system for junior and adult players based off accredited play results. Grassroots development: us squash is responsible for grassroots development of the sport and achieves this through multiple programs. Continued of schedule o: the association accredits local competitions to lower the bar for entry to the sport, provides software tools to help clubs and programs manage play and bring in new players, partners with and supports community programs to build best practices for existing and new facilities, and operates the arlen specter us squash center to host community squash programs, national championships and other programming. The association provides grants for the conversion of new courts. Us squash works in close partnership with the squash & education alliance to provide more than $100,000 in cash and inkind support for urban squash nationally, and partners with the college squash association to support and grow new programs at colleges and universities. National championships and events: us squash manages and runs more than 20 national championships each year for juniors and adults in singles and doubles play, with the events hosting more than 5,000 participants. The association owns and runs the u.s. Open professional championship directly and licenses the north american open. National teams and high performance development: us squash operates the national teams and high performance development programs in the u.s. The association is a member organization of the u.s. Olympic & paralympic committee and coordinates with them to develop and implement high performance athlete programs. These include four primary teams the junior women's and men's teams, and adult women's and men's teams. These teams represent the u.s. In international competitions including the world team championships, junior world team championships, the panamerican junior and adult championships and the quadrennial panamerican games which is one level below the olympic games. Other activities include the multiweek us squash camps, regional and national squad training, the high performance program providing support for top u.s. Touring professionals, many of these programs occurring at the national center the arlen specter us squash center. The programs involve working with more than 10 national coaches and more than 40 regional coaches. Governance and standards: us squash is responsible for the overall governance and standards of the sport and represents the u.s. As a member of the world squash federation. Us squash has five standing committees nominating & governance, finance & investment, institutional advancement, judicial, and audit & risk and numerous additional committees to assist with its promotion of the sport in member of the u.s. Center for safesport, and us squash establishes and enforces the code of conduct.
Operating model
- Revenue model
- Earned-program. 72% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 80
- Accountability: 100
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.7%; rating input score 76
- Program expense ratio: 82%; rating input score 82
- Fundraising efficiency: $3.69 raised per $1 spent on fundraising; rating input score 14; 14th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.1%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 3.67; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 17.6%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 6.4% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: 16.1% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 75.7% of revenue deployed · 82% of spending went to programs
- Governance: 10 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $8M in reported program spending
- Leadership: top reported pay $447K · 29 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $806K reported
- Consistency: 32 of 32 current checks pass
- Schedules: 6 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Related organizations: 5 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 14/100.
- High — Sustainability: Officer compensation ratio scored 6/100.