2016-03-15T00:00:00-05:00 2015-08-31 820574075 DiPesa & Company CPA's 500 Victory Road 3rd Floor North Quincy MA 02171 990 2014-09-01 043330698 SQUASHBUSTERS INC SQUA 6173737782 795 COLUMBUS AVENUE ROXBURY CROSSING MA 021202108 ERRIN SIAGEL TREASURER 6173735426 2016-03-16 DI PESA COMPANY P01234408 6177867775 2014 2016-08-17 19:52:53Z ERRIN SIAGEL 795 COLUMBUS AVENUE ROXBURY CROSSING MA 02120 4549894 0 X WWW.SQUASHBUSTERS.ORG X 1996 MA TO CHALLENGE AND NURTURE URBAN YOUTH SO THAT THEY DEVELOP THE SKILLS AND CHARACTER TO ATTEND AND GRADUATE FROM COLLEGE, WHICH IN TURN, POSITIONS THEM TO REACH THEIR FULLEST POTENTIAL. 19 18 58 100 0 0 2343617 2059695 7859 6238 604747 554715 0 0 2956223 2620648 0 0 0 0 1099907 1271486 0 0 290256 492045 581040 1591952 1852526 1364271 768122 15123045 14914968 12000 98072 15111045 14816896 X TO CHALLENGE AND NURTURE URBAN YOUTH SO THAT THEY DEVELOP THE SKILLS AND CHARACTER TO ATTEND AND GRADUATE FROM COLLEGE, WHICH IN TURN, POSITIONS THEM TO REACH THEIR FULLEST POTENTIAL. 0 0 1244707 6238 INTENSIVE URBAN YOUTH PROGRAM SERVING 225 MIDDLE SCHOOL, HIGH SCHOOL, AND COLLEGE STUDENTS IN BOSTON AND LAWRENCE, MASSACHUSETTS. THE PROGRAM USES THE SPORT OF SQUASH, IN COMBINATION WITH ACADEMIC TUTORING AND ENRICHMENT, COMMUNITY SERVICE, SUMMER OPPORTUNITY, AND HANDS-ON COLLEGE COUNSELING TO ACHIEVE THREE SPECIFIC OUT COMES FOR OUR YOUTH: 1) IMPROVEMENT IN LONG-TERM HEALTH AND WELLNESS 2) COLLEGE 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 COLLEGE PERSERVERANCE AND GRADUATION. STUDENTS WILL SPEND APPROXIMATELY 100 DAYS EACH SCHOOL YEAR, FROM GRADE 6/7 THROUGH GRADE 12, WITH THE PROGRAM, STUDYING, PRACTICING, AND COMPETING IN SQUASH, EXERCISING, AND SERVING COMMUNITY. DURING THE SUMMER, THE ORGANIZATION CONNECTS ITS PARTICIPANTS TO A HOST OF OPPORTUNITIES INCLUDING INTERNATIONAL COMMUNITY SERVICE, ACADEMIC PROGRAMS AT HARVARD, MIT AND NORTHEASTERN AS WELL AS YMCA OVERNIGHT CAMPS AND JOBS. STUDENTS ARE SELECTED FROM PARTNERSHIPS WITH 5 LOCAL PUBLIC SCHOOLS IN BOSTON AND LAWRENCE. 1244707 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 58 1 0 0 0 0 0 1 1 0 0 0 0 X 19 18 1 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 MA X X ERRIN SIAGEL 6173735426 795 COLUMBUS AVENUE ROXBURY CROSSING MA 02120 GREG ZAFF CEO, DIRECTOR 40.00 X X 165734 0 0 ERRIN SIAGEL TREASURER 3.00 X X 0 0 0 JOHN BLASBERG CHAIRMAN 3.00 X X 0 0 0 LEONARD BERNHEIMER 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 THOMAS POOR 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 ALBERT TIERNEY III DIRECTOR 1.00 X 0 0 0 JONATHAN HYETT DIRECTOR 1.00 X 0 0 0 AMRIT KANWAL DIRECTOR 1.00 X 0 0 0 WILL MUGGIA DIRECTOR 1.00 X 0 0 0 NANCY LOUCKS 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 128975 0 0 294709 0 0 2 0 1 0 0 1175092 884603 2059695 REIMBURSED EXPENSES 713990 6238 6238 6238 398925 398925 1977192 1821402 155790 155790 155790 107844 1175092 107844 0 2620648 6238 0 554715 294710 149225 21185 124300 789932 648460 43569 97903 98467 78682 8105 11680 88377 66424 4954 16999 18045 18045 38881 38881 37750 9250 10882 17618 1744 1744 7705 7705 5112 4838 274 137954 127575 10379 44348 44348 PROGRAM EXPENSES 165091 165091 DEFERRED COMPENSATION E 59048 59048 TELEPHONE AND INTERNET 15223 15223 FINANCIAL FEES 15102 15102 35037 13555 21482 1852526 1244707 317563 290256 493498 590808 115000 90000 9302 6089147 1493146 4688899 4596001 9708773 9462181 116875 166676 15123045 14914968 12000 39024 0 59048 12000 98072 X 10368071 12358114 2105656 1821464 2637318 637318 15111045 14816896 15123045 14914968 768122 -1062271 0 X X 0 1 X 1 0 X 1164532 1143629 827905 1127701 884603 5148370 1164532 1143629 827905 1127701 884603 5148370 5148370 109696 133158 171185 102650 398925 915614 243402 316135 870798 1725872 1330882 4487089 10551073 0.48790 0.57140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9832930 -503730 100000 38881 9190319 8326877 500000 1051043 44990 9832930 7741956 175000 462430 52509 8326877 7107275 322576 511253 151719 47429 7741956 6265297 103300 803105 18500 45927 7107275 0 0 5763446 1378386 4385060 148090 57528 90562 177611 57232 120379 4596001 MONEY MARKET FUNDS 239697 F TREASURY MUTUAL FUNDS 248164 F EQUITY MUTUAL FUNDS 6027109 F BOND MUTUAL FUNDS 893935 F COMMODITY MUTUAL FUNDS 85397 F REAL ESTATE MUTUAL FUNDS 367383 F INTERNATIONAL MUTUAL FUNDS 1600496 F 9462181 DEFERRED COMPENSATION LIABILITY 59048 59048 X 1627340 -1062271 107844 -954427 2581767 38881 38881 2620648 1921489 107844 107844 1813645 38881 38881 1852526 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, 2015. ANY CHANGES IN TAX POSITIONS WILL BE RECORDED WHEN THE ULTIMATE OUTCOME BECOMES KNOWN. Part XI, Line 2d - Other Adjustments: EVENT EXPENSES NETTED AGAINST REVENUE 107844. Part XII, Line 2d - Other Adjustments: EVENT EXPENSES NETTED AGAINST REVENUE 107844. SQUASH TOURNAMENTS 1282936 1175092 107844 107844 1282936 1175092 107844 107844 107844 0 X 0 0 0 0 0 0 0 0 0 GREG ZAFF CEO, DIRECTOR 165734 0 0 0 0 0 0 0 0 0 165734 0 0 0 Form 990, Part VI, Section A, line 2 THE TREASURER OF THE ORGANIZATION AND A BOARD MEMBER ARE DOMESTIC PARTNERS. 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 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.