2012-04-13T11:58:50-05:00 2011-08-31 KENNETH A ROBERTS CPA LLC 42 CURTIS ROAD CANTON MA 02021 990 2010-09-01 043330698 SQUASHBUSTERS INC SQUA 6173737782 795 COLUMBUS AVENUE ROXBURY CROSSING MA 021202108 GREG H ZAFF 6173737366 2012-04-10 1 KENNETH A ROBERTS CPA 6175127822 2012-04-10 X 2010 2016-02-24 21:20:13Z GREG H ZAFF 795 COLUMBUS AVENUE ROXBURY CROSSING MA 021202108 7485689 0 X WWW.SQUASHBUSTERS.ORG X 1996 MA AFTER-SCHOOL PROGRAM PROVIDING SQUASH INSTRUCTION, ACADEMIC TUTORING, AND MENTORING TO URBAN YOUTH. 18 17 27 90 0 0 797382 1164532 0 0 122915 353098 0 0 920297 1517630 0 0 0 0 680088 897787 0 0 90001 378014 378676 1058102 1276463 -137805 241167 11608224 12405802 12500 118253 11595724 12287549 X TO CHALLENGE AND NURTURE URBAN YOUTH SO THAT THEY RECOGNIZE AND FULFILL THEIR POTENTIAL. FIVE GOALS INFORM OUR MISSION: 1) TO TEACH STUDENTS TO TAKE RESPONSIBILITY FOR THEIR ACTIONS AND CHOICES; 2) TO PROVIDE ACTIVE EDUCATIONAL EXPERIENCES THAT MOTIVATE STUDENTS TO ENGAGE DEEPLY WITH THE LEARNING PROCESS; 3) TO HELP STUDENTS DEMONSTRATE GOOD SPORTSMANSHIP ON AND OFF THE SQUASH COURT; 4) TO PROMOTE UNDERSTANDING AND FRIENDSHIPS BETWEEN PEOPLE OF DIFFERENT BACKGROUNDS; AND 5) TO ENGAGE STUDENTS IN SERVICE PROJECTS WHICH HELP PEOPLE AND PROMOTE A COMMITMENT TO THE COMMUNITY 0 0 829339 AFTER-SCHOOL PROGRAM - PROVIDES ACADEMIC TUTORING, MENTORING AND SQUASH INSTRUCTION TO URBAN YOUTH. ACADEMIC TUTORING INCLUDES HOMEWORK HELP, A STRAIGHTFORWARD HELP SESSION FOR DAILY ASSIGNMENTS AND PROJECTS, AS WELL AS SKILL-BUILDING FOCUSED ON BOOSTING MATH AND ENGLISH SKILLS TO IMPROVE PERFORMANCE ON MACS (MASSACHUSETTS COMPREHENSIVE ASSESSMENT SYSTEM) AND SAT TESTS. SQUASH INSTRUCTION IS PROVIDED THREE DAYS PER WEEK FOR A TOTAL OF 4.5 HOURS OF INTENSIVE TRAINING. THE PROGRAM ALSO HAS A FITNESS REGIMEN THAT INCLUDES REGULAR TREADMILL RUNNING, CIRCUIT TRAINING, AND A DAILY STRETCHING ROUTINE AIMED AT ENCOURAGING A HEALTHY LIFESTYLE. PARTICIPANTS ALSO PLAY REGULARLY IN TOURNAMENTS AGAINST OTHER YOUTH TEAMS. 110-120 STUDENTS IN GRADES 6-12 PARTICIPATED IN THE AFTER-SCHOOL PROGRAM DURING THE SPRING AND FALL SEMESTERS. 18238 SUMMER PROGRAM - SIX WEEK PROGRAM WHICH PROVIDES SQUASH INSTRUCTION TO URBAN YOUTH. THE PROGRAM BRINGS OTHER STUDENTS IN THE BOSTON AREA TO THE YOUTH CENTER. THE GOAL IS TO INTRODUCE ADDITIONAL STUDENTS TO SQUASH IN A FUN AND SAFE ATMOSPHERE. 44 STUDENTS PARTICIPATED IN THE PROGRAM. 847577 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 27 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 0 0 0 0 0 0 0 0 MA X THE ORGANIZATION 6173737782 795 COLUMBUS AVENUE ROXBURY CROSSING MA 021202108 GREG H ZAFF 40.00 X X 0 0 0 ERRIN S SIAGEL 3.00 X X 0 0 0 ELIZABETH W LIS 3.00 X X 0 0 0 LEONARD A BERNHEIMER 3.00 X X 0 0 0 JUDITH C BANKER 1.00 X 0 0 0 PATRICIA L BELDEN 1.00 X 0 0 0 MATTHEW HALDEMAN 1.00 X 0 0 0 THOMAS M POOR 1.00 X 0 0 0 PETER P ROBY 1.00 X 0 0 0 LENARD B ZIDE ESQ 1.00 X 0 0 0 FOSTER L ABORN 1.00 X 0 0 0 ALBERT G TIERNEY III 1.00 X 0 0 0 TIMOTHY J CONWAY 1.00 X 0 0 0 WAYNE A BUDD 1.00 X 0 0 0 AMRIT KANWAL 1.00 X 0 0 0 TERESA SOARES-PENA 40.00 X X 125000 0 5142 JOHN M BLASBERG 1.00 X 0 0 0 NANCY H LOUCKS 1.00 X 0 0 0 DOMINIQUE FARINAUX-DUMAS 40.00 X 72720 0 2966 125000 0 5142 1 0 0 0 0 385006 779526 1164532 109696 109696 6153961 5910559 243402 243402 243402 57500 385006 57500 0 1517630 0 0 353098 758901 566793 158349 33759 20844 15641 4019 1184 69707 52305 13442 3960 48335 36269 9320 2746 45927 45927 54417 13575 18674 22168 8836 8836 122351 62274 60077 33840 23688 10152 PROGRAM 50574 50574 DONOR SUPPORT 18284 18284 STUDENT SCHOOL PLACEMEN 16200 16200 TRANSPORTATION 12779 12779 PRINTING 8909 1009 7900 6559 -2521 9080 1276463 847577 338885 90001 153712 228188 222737 223387 49500 103300 9612 6954 5798349 958351 4956866 4839998 4097342 3882076 2118455 3121899 11608224 12405802 12500 118253 12500 118253 X 8451383 8682886 504023 967345 2640318 2637318 11595724 12287549 11608224 12405802 X 241167 450658 X X 0 1 1 X 0 X 1103080 873018 702816 797382 1164532 4640828 1103080 873018 702816 797382 1164532 4640828 320000 320000 0 320000 320000 4320828 164116 149955 134272 111555 109696 669594 164116 149955 134272 111555 109696 669594 5056 597319 -512433 11360 243402 344704 1272252 1620292 324655 920297 1517630 5655126 0.76410 0.72990 0.11840 0.11580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6265297 103300 803105 18500 45927 7107275 6167144 1500 196590 25601 74336 6265297 6649453 13500 -122570 182000 191239 6167144 0.50010 0.37650 0.12340 0 0 5741581 918655 4822926 40017 27971 12046 16751 11725 5026 4839998 VANGUARD TOTAL STOCK MARKET INDEX 1024381 F PIMCO SHORT TERM INSTITUTIONAL 1266677 F SPDR GOLD TR COLD SHARES 830841 F 3121899 1517630 1276463 241167 450658 450658 691825 1976861 450658 57500 508158 1468703 45927 3000 48927 1517630 1285036 57500 57500 1227536 45927 3000 48927 1276463 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO SUPPORT THE ORGANIZATION'S MISSION IN PERPETUITY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: UNCERTAINTIES IN TAX POSITIONS ARE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. SUCH TAX POSITIONS ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE TAX AUTHORITY ASSUMING FULL KNOWLEDGE OF THE POSITION AND RELEVANT FACTS. INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS ARE RECORDED AS GENERAL AND ADMINISTRATIVE EXPENSES. THE ORGANIZATION HAS CONCLUDED THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE AND THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS AT AUGUST 31, 2011 AND 2010. THE ORGANIZATION BELIEVES ITS ACCRUALS FOR TAX LIABILITIES ARE ADEQUATE FOR ALL OPEN TAX YEARS (AUGUST 31, 2008 THROUGH CURRENT). PART XII, LINE 2D - OTHER ADJUSTMENTS: TOURNAMENT EXPENSES 57,500. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON CONTRIBUTIONS RECEIVABLE 3,000. PART XIII, LINE 2D - OTHER ADJUSTMENTS: TOURNAMENT EXPENSES 57,500. PART XIII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON CONTRIBUTIONS RECEIVABLE 3,000. DERBY 402626 363824 38802 13260 25542 FALL BALL 30915 17345 13570 2309 7560 500 3201 1 8965 3837 5128 772 4356 442506 385006 57500 2309 21592 500 33099 57500 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT. THE FORM IS REVIEWED BY THE EXECUTIVE DIRECTOR, MANAGING DIRECTOR, AND/OR TREASURER PRIOR TO FILING, DEPENDING ON SCHEDULES AND TIMING OF FILING. 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 CONSIDERES THE RESPONSIBILITIES OF THE POSITION, PAST PERFORMANCE OF INDIVIDUALS, AND COMPARABILITY DATA WHEN CONSIDERED NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MAILED TO THE PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 450,658. FORM 990, PART XI, LINE 2C: THE PROCEDURES FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE AUDITOR HAVE NOT CHANGED FROM PRIOR YEAR.