2024-12-09T14:32:56-05:00 2024-06-30 203934956 WHISMAN GIORDANO & ASSOCIATES LLC 111 CONTINENTAL DR STE 210 NEWARK DE 197134330 990 2023-07-01 811843120 FIRST STATE SQUASH INC FIRS 2032982725 524B SOUTH WALNUT STREET WILMINGTON DE 19801 TODD P ANDERSON TREASURER 2032982725 2024-12-02 true false JOSEPH A GIORDANO CPA P00578904 3022660202 2024-12-05 2023 2024-10-15 13:58:12Z TODD P ANDERSON 524B SOUTH WALNUT STREET WILMINGTON DE 19801 652816 false X WWW.FIRSTSTATESQUASH.ORG X 2016 DE FIRST STATE SQUASH (FSS) IS AN ACADEMIC AND ATHLETIC YOUTH PROGRAM PROVIDING LIFE-CHANGING OPPORTUNITIES FOR CHILDREN FROM LOW-INCOME FAMILIES IN WILMINGTON THROUGH THE SPORT OF SQUASH, INTENSIVE EDUCATIONAL SUPPORT, MENTORING, COMMUNITY SERVICE ACTIVITIES AND CULTURAL EXPOSURE. 12 12 6 5 0 355649 449514 8235 34335 32729 46788 113511 118787 510124 649424 0 0 234965 299577 0 91140 201216 272988 436181 572565 73943 76859 3199309 3269569 52410 45811 3146899 3223758 X FIRST STATE SQUASH (FSS) IS AN ACADEMIC AND ATHLETIC YOUTH PROGRAM PROVIDING LIFE-CHANGING OPPORTUNITIES FOR CHILDREN FROM LOW-INCOME FAMILIES IN WILMINGTON THROUGH THE SPORT OF SQUASH, INTENSIVE EDUCATIONAL SUPPORT, MENTORING, COMMUNITY SERVICE ACTIVITIES AND CULTURAL EXPOSURE. false false 378647 FIRST STATE SQUASH SUPPORTS WILMINGTON STUDENTS IN ACHIEVING AND SUSTAINING PERSONAL ACADEMIC SUCCESS AND PHYSICAL WELLNESS THROUGH LONG-TERM EDUCATIONAL, ATHLETIC AND COMMUNITY ENGAGEMENT OPPORTUNITIES. 378647 true true false false false false false false false false true false false false false true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false 4 0 6 true false false false false false false false false X 12 12 false false false false false false false true true false false true true true false true true true false false X OWEN BUTLER 2032982725 524B SOUTH WALNUT STREET WILMINGTON DE 19801 CHRISTINE P SCHILTZ CHAIR 1.00 X X 0 0 0 TODD P ANDERSON TREASURER 1.00 X X 0 0 0 IAN MCCONNEL SECRETARY 1.00 X X 0 0 0 QUINETTA BOWDEN DIRECTOR 1.00 X 0 0 0 ED CHILTON DIRECTOR 1.00 X 0 0 0 JAMES DOMENICK DIRECTOR 1.00 X 0 0 0 GARRETT MORITZ DIRECTOR 1.00 X 0 0 0 CORY PLUMB DIRECTOR 1.00 X 0 0 0 DR TERESA HICKOK DIRECTOR 1.00 X 0 0 0 JON SAUNDERS DIRECTOR 1.00 X 0 0 0 CHIP SAWYER DIRECTOR 1.00 X 0 0 0 JAMES ZUG DIRECTOR 1.00 X 0 0 0 OWEN BUTLER EXECUTIVE DI 40.00 X 99312 0 0 99312 false false false 178745 270769 449514 FACILITY REVENUE 531390 34335 34335 34335 46788 46788 121984 3392 118592 118592 MISCELLANEOUS INCOME 195 195 195 649424 34335 165575 105000 21000 21000 63000 158028 148323 9705 20778 14617 1541 4620 15771 9620 1577 4574 2675 1720 214 741 7863 7028 835 13111 7244 5867 32176 32176 44458 39568 4890 28420 17052 11368 STRATEGIC INITIATIVES 25000 8250 8250 8500 UTILITIES 23603 21007 2596 PROFESSIONAL FEES 22932 22932 MISCELLANEOUS 20553 10586 9967 52197 40456 11741 572565 378647 102778 91140 1089522 1251905 223833 106250 13071 62464 7669 21604 1922121 94775 1865214 1827346 3199309 3269569 32410 15811 20000 30000 52410 45811 X 2317074 2398023 829825 825735 3146899 3223758 3199309 3269569 X 76859 X false true X true false X 199314 235494 314903 355649 449514 1554874 8235 34335 42570 201053 115902 122179 439134 199314 235494 515956 479786 606028 2036578 2036578 2 32729 46788 79519 2 32729 46788 79519 5201 5201 199314 235494 515958 517716 652816 2121298 0.96010 0.97660 0.04000 0.02000 X PART III, LINE 12 5,201 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 186407 186407 1695073 79870 1615203 40641 14905 25736 1827346 X 652816 3392 3392 649424 649424 575957 3392 3392 572565 572565 SCHEDULE D, PAGE 3, PART X ALTHOUGH THE ENTITY IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES, THE ENTITY IS REQUIRED TO ADHERE TO ASC 740, "ACCOUNTING FOR INCOME TAXES," WHICH APPLIES TO ALL ENTITIES INCLUDING THOSE THAT ARE TAX EXEMPT UNDER 501(C)(3). ASC 740 CLARIFIES THE ACCOUNTING AND REPORTING FOR INCOME TAXES WHERE INTERPRETATION OF THE TAX LAW MAY BE UNCERTAIN. ASC 740 PRESCRIBES A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, PRESENTATION AND DISCLOSURE OF INCOME TAX UNCERTAINTIES WITH RESPECT TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN TAX RETURNS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL INCOME TAX POSITIONS AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATIONS, THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF A RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. CURRENTLY, THE JUNE 30, 2021, 2022 AND 2023 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, THE ENTITY IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ENTITY BEEN CONTACTED BY THIS JURISDICTION. ANY INTEREST AND PENALTIES RELATED TO INCOME TAXES WOULD BE RECORDED AS INCOME TAX EXPENSES. THERE ARE NO INTEREST AND PENALTIES AS OF JUNE 30, 2024 AND 2023, RESPECTIVELY. SCHEDULE D, PAGE 4, PART XI, LINE 2D SPECIAL EVENTS EXPENSE NETTED AGAINST INCOME 3,392 SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENTS EXPENSE NETTED AGAINST INCOME 3,392 SPECIAL EVENTS 121984 121984 3392 121984 121984 3392 3392 118592 FORM 990 - ORGANIZATION'S MISSION FIRST STATE SQUASH (FSS) IS AN ACADEMIC AND ATHLETIC YOUTH PROGRAM PROVIDING LIFE-CHANGING OPPORTUNITIES FOR CHILDREN FROM LOW-INCOME FAMILIES IN WILMINGTON THROUGH THE SPORT OF SQUASH, INTENSIVE EDUCATIONAL SUPPORT, MENTORING, COMMUNITY SERVICE ACTIVITIES AND CULTURAL EXPOSURE. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD REVIEWED AND APPROVED THE 990 BEFORE FILING. THIS WAS DOCUMENTED BY CONSENT IN WRITING OF THE BOARD MEMBERS VIA ELECTRONIC TRANSMISSION AS AUTHORIZED BY 8 DEL. C. SECTION 141(F). FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD REVIEWED AND APPROVED COMPENSATION BEFORE HIRING EXECUTIVE DIRECTOR. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART XI, LINE 9 SPECIAL EVENTS EXPENSE NETTED AGAINST INCOME 3,392 SPECIAL EVENTS EXPENSE NETTED AGAINST INCOME -3,392