2017-01-26T13:34:24-06:00 2016-08-31 820574075 DiPesa & Company CPA's 500 Victory Road 3rd Floor North Quincy MA 02171 990 2015-09-01 043330698 SQUASHBUSTERS INC SQUA 6173737782 795 COLUMBUS AVENUE ROXBURY CROSSING MA 021202108 NANCY LOUCKS TREASURER 6173735426 2017-01-13 DI PESA COMPANY P01234408 6177867775 2015 2021-01-29 14:40:06Z NANCY LOUCKS 795 COLUMBUS AVENUE ROXBURY CROSSING MA 02120 17546709 0 X WWW.SQUASHBUSTERS.ORG X 1996 MA TO CHALLENGE AND NURTURE URBAN YOUTH AS STUDENTS, ATHLETES AND CITIZENS SO THAT THEY RECOGNIZE AND FULFILL THEIR FULLEST POTENTIAL IN LIFE. 18 17 59 100 0 0 2059695 3300653 6238 9588 554715 212353 0 0 2620648 3522594 0 0 0 0 1271486 1468074 0 0 311116 581040 686622 1852526 2154696 768122 1367898 14914968 16629487 98072 165136 14816896 16464351 X TO CHALLENGE AND NURTURE URBAN YOUTH AS STUDENTS, ATHLETES AND CITIZENS SO THAT THEY RECOGNIZE AND FULFILL THEIR FULLEST POTENTIAL IN LIFE. 0 0 1528878 9588 INTENSIVE URBAN YOUTH PROGRAM SERVING 300 MIDDLE SCHOOL, HIGH SCHOOL, AND COLLEGE STUDENTS IN BOSTON AND LAWRENCE, MASSACHUSETTS. THE ORGANIZATION ALSO HAS PLANS FOR AN ADDITIONAL LOCATION IN PROVIDENCE, RHODE ISLAND WITH AN ANTICIPATED OPENING IN EARLY 2018. THE PROGRAM USES THE SPORT OF SQUASH IN COMBINATION WITH ACADEMIC TUTORING AND ENRICHMENT, COMMUNITY SERVICE, SUMMER OPPORTUNITIES, AND HANDS-ON COLLEGE COUNSELING TO ACHIEVE THREE SPECIFIC OUTCOMES: 1) IMPROVEMENT IN LONG-TERM HEALTH AND WELLNESS 2) COLLEGE ACCESS AND SUCCESS - MATRICULATION, PERSERVERANCE, AND GRADUATION, AND 3) POSITIVE CHARACTER DEVELOPMENT. THE ORGANIZATION SERVES ITS STUDENTS CONTINUOUSLY FROM THE START OF MIDDLE SCHOOL UNTIL THEY GRADUATE HIGH SCHOOL AND ENROLL IN COLLEGE. THE PROGRAM THEN SUPPORTS EVERY STUDENT'S JOURNEY THROUGH COLLEGE TO GRADUATION. STUDENTS WILL SPEND APPROXIMATELY 100 DAYS EACH SCHOOL YEAR, FROM GRADES 6/7 THROUGH GRADE 12 IN DIRECT ENGAGEMENT WITH THE PROGRAM. 1528878 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 59 1 0 0 0 0 0 1 1 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MA X X X GREG ZAFF 6173735426 795 COLUMBUS AVENUE ROXBURY CROSSING MA 02120 GREG ZAFF CEO, DIRECTOR 40.00 X X 163564 0 15312 NANCY LOUCKS TREASURER 3.00 X X 0 0 0 JOHN BLASBERG CHAIRMAN 3.00 X X 0 0 0 DAVID ANTONELLI DIRECTOR 1.00 X 0 0 0 MEG CAMPBELL DIRECTOR 1.00 X 0 0 0 MATTHEW HALDEMAN DIRECTOR 1.00 X 0 0 0 HENRY MANICE DIRECTOR 1.00 X 0 0 0 GEORGE BELL DIRECTOR 1.00 X 0 0 0 JUMA CRAWFORD DIRECTOR 1.00 X 0 0 0 PHILOMENA MANTELLA DIRECTOR 1.00 X 0 0 0 JONATHAN HYETT DIRECTOR 1.00 X 0 0 0 WILLIAM PAINE DIRECTOR 1.00 X 0 0 0 WILL MUGGIA DIRECTOR 1.00 X 0 0 0 JON KARLEN DIRECTOR 1.00 X 0 0 0 TERESA KOSTER DIRECTOR 1.00 X 0 0 0 DAVID DRUBNER DIRECTOR 1.00 X 0 0 0 DON MYKRANTZ DIRECTOR 1.00 X 0 0 0 JOSE RIVERA DIRECTOR 1.00 X 0 0 0 CHRISTOPHER LYNCH CHIEF OPERATING OFFICER 40.00 X 130067 0 5159 293631 0 20471 2 0 1 0 0 1369474 1931179 3300653 REIMBURSED EXPENSES 713990 9588 9588 9588 66771 66771 14004772 13859190 145582 145582 145582 164925 1369474 164925 0 3522594 9588 0 212353 293631 179136 32713 81782 969071 773385 44832 150854 102790 81923 4082 16785 102582 70074 8124 24384 11000 11000 11195 11195 14795 14795 55850 55850 20060 20060 3780 2461 1319 19104 19104 5194 633 4561 175318 120344 54974 52445 41825 2654 7966 PROGRAM EXPENSES 178247 178247 DEFERRED COMPENSATION E 59048 59048 POSTAGE AND PRINTING 18544 5137 5318 8089 TELEPHONE AND INTERNET 15188 13375 1813 46854 32039 13619 1196 2154696 1528878 314702 311116 590808 567057 90000 495000 9302 20899 6197263 1668464 4596001 4528799 9462181 10248105 166676 769627 14914968 16629487 39024 47040 59048 118096 98072 165136 X 12358114 12934855 1821464 2892178 637318 637318 14816896 16464351 14914968 16629487 1367898 279557 0 X X 0 1 X 1 0 X 1143629 1523942 2343617 2059695 3300653 10371536 1143629 1523942 2343617 2059695 3300653 10371536 10371536 133158 171185 102650 398925 66771 872689 316135 174762 509956 162028 155170 1318051 12562276 0.82560 0.78010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9190319 350000 340771 55850 9825240 9832930 -503730 100000 38881 9190319 8326877 500000 1051043 44990 9832930 7741956 175000 462430 52509 8326877 7107275 322576 511253 151719 47429 7741956 0 0 5769292 1495012 4274280 202486 81215 121271 225485 92237 133248 4528799 CASH 205218 F CERTIFICATES OF DEPOSIT 4007850 F EQUITY SECURITIES 3577505 F MUNICIPAL BONDS 647674 F CORPORATE FIXED INCOME BONDS 99995 F GOVERNMENT SECURITIES 469457 F EQUITY MUTUAL FUNDS 1240406 F 10248105 DEFERRED COMPENSATION LIABILITY 118096 118096 X 3746301 279557 279557 3466744 55850 55850 3522594 2098846 0 2098846 55850 55850 2154696 Part X, Line 2: MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION IN THE FINANCIAL STATEMENTS. MANAGEMENT DOES NOT BELIEVE ITS EVALUATION OF TAX POSITIONS WILL SIGNIFICANTLY CHANGE WITHIN TWELVE MONTHS OF AUGUST 31, 2016. ANY CHANGES IN TAX POSITIONS WILL BE RECORDED WHEN THE ULTIMATE OUTCOME BECOMES KNOWN. SQUASH TOURNAMENTS 1534399 1369474 164925 164925 1534399 1369474 164925 164925 164925 0 X 0 0 0 0 0 0 0 0 0 GREG ZAFF CEO, DIRECTOR 163564 0 0 0 0 0 0 0 15312 0 178876 0 0 0 Form 990, Part VI, Section B, line 11 FORM 990 IS REVIEWED BY THE GOVERNING BODY BEFORE THE FORM IS FILED. Form 990, Part VI, Section B, line 12c THE CONFLICT OF INTEREST POLICY IS CIRCULATED ANNUALLY REQUIRING A RESPONSE BY BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES. Form 990, Part VI, Section B, line 15 COMPENSATION FOR THE EXECUTIVE DIRECTOR, MANAGING DIRECTOR AND KEY EMPLOYEES IS DETERMINED BY AN INDEPENDENT EXECUTIVE COMMITTEE. THE COMMITTEE CONSIDERS THE RESPONSIBILITIES OF THE POSITION, PAST PERFORMANCE OF INDIVIDUALS, AND COMPARABILITY DATA WHEN CONSIDERED NECESSARY. Form 990, Part VI, Section C, line 19 THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS MAY BE OBTAINED UPON REQUEST SENT TO THE ATTENTION OF GREG ZAFF, CEO, 795 COLUMBUS AVENUE, ROXBURY CROSSING, MA 02120. Form 990, Part XII, Line 2c: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.