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Nonprofit · EIN 88-3154267

RACQUET UP DETROIT FOUNDATION

Tax-exempt · DETROIT, MI 48235

Financials

$3.6M$02022$1.2M$36K2023$485K$41K2024
Revenue Expenses · by fiscal year end
Financials of RACQUET UP DETROIT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$484,506$40,507$443,999$5,883,565$0$5,883,565
July 31, 2024990$1,173,766$35,720$1,138,046$5,059,968$0$5,059,968
July 31, 2023990$3,562,517$0$3,562,517$3,627,249$0$3,627,249
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$432,346
Program service revenue
$0
Investment income
$52,160
Other revenue
$0

Expenses

Grants and similar amounts paid
$25,300
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$20
Accounting fees
$9,848
Program services (functional)
$25,300
Management and general (functional)
$9,868
Fundraising (functional)
$5,339

Balance sheet and other

Total assets, start of year
$5,059,968
Total assets, end of year
$5,883,565
Total liabilities, end of year
$0
Net assets, end of year
$5,883,565
Publicly traded securities
$4,599,317
Net assets without donor restrictions
$4,007,824
Net assets with donor restrictions
$1,875,741
Gross receipts
$484,506
Employees
0
Volunteers
4
Year formed
2022
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended July 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DEREK AGUIRREDIRECTOR
Trustee or director
5$0$166,000$23,564
JOSEPH J O'CONNORPRESIDENT
Trustee or director, Officer
5$0$0$0
JONATHAN UFFELMANTREASURER
Trustee or director, Officer
1$0$0$0
J THOMAS MACFARLANESECRETARY
Trustee or director, Officer
1$0$0$0
GEORGE A HAGGARTYDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended July 31, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DEREK AGUIRREDIRECTOR
Trustee or director
1$0$179,385$70,509
JOSEPH O'CONNORPRESIDENT
Trustee or director, Officer
1$0$0$0
JON UFFELMANTREASURER
Trustee or director, Officer
1$0$0$0
J THOMAS MACFARLANESECRETARY
Trustee or director, Officer
1$0$0$0
GEORGE A HAGGARTYDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended July 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DEREK AGUIRREDIRECTOR
Trustee or director
1$0$171,700$65,977
JOSEPH O'CONNORPRESIDENT
Trustee or director, Officer
5$0$0$0
JON UFFELMANTREASURER
Trustee or director, Officer
1$0$0$0
J THOMAS MACFARLANESECRETARY
Trustee or director, Officer
1$0$0$0
GEORGE A HAGGARTYDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
6530 W OUTER DR, DETROIT, MI 48235-2705
Principal officer (990 for 2024)
JOSEPH J O'CONNOR, 6530 W OUTER DRIVE, DETROIT, MI 48235
Signed the 990
JOSEPH O'CONNOR, PRESIDENT
Phone
(313) 380-2675
Return prepared by
DOEREN MAYHEW

Mission

TO MANAGE FUNDS EXCLUSIVELY FOR RACQUET UP DETROIT IN SUPPORT OF ITS MISSION TO SUPPORT AND EMPOWER DETROIT YOUTH TO ACHIEVE THEIR FULL POTENTIAL THROUGH A DEMANDING AND INSPIRING LONG-TERM EXTRACURRICULAR MENTORING PROGRAM OF SQUASH, ACADEMICS, AND COMMUNITY SERVICE

990 for the year ended July 31, 2025

Program accomplishments

  • THE RACQUET UP DETROIT FOUNDATION WAS ESTABLISHED FOR THE SOLE PURPOSE OF PROVIDING SUPPORT TO RACQUET UP DETROIT. IN ADDITION, THE FOUNDATION'S BOARD OF DIRECTORS IS RESPONSIBLE FOR THE MANAGEMENT OF THE FOUNDATION'S INVESTMENTS.
    Expenses $25,300 · grants $25,300
  • N/A
  • N/A

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
88-3154267
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2023
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,883,565
Income (IRS master file)
$484,506

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$484,506$40,507$5,883,565XML
990July 2024$1,173,766$35,720$5,059,968XML
990July 2023$3,562,517$0$3,627,249XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-3154267).

Questions about RACQUET UP DETROIT FOUNDATION

What is the EIN of RACQUET UP DETROIT FOUNDATION?
The employer identification number (EIN) of RACQUET UP DETROIT FOUNDATION is 88-3154267.
Is RACQUET UP DETROIT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to RACQUET UP DETROIT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does RACQUET UP DETROIT FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RACQUET UP DETROIT FOUNDATION due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RACQUET UP DETROIT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of RACQUET UP DETROIT FOUNDATION?
The 990 for the year ended July 31, 2025 names JOSEPH J O'CONNOR.
Who are the officers and directors of RACQUET UP DETROIT FOUNDATION?
The 990 for the year ended July 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does RACQUET UP DETROIT FOUNDATION have?
On its 990 for the year ended July 31, 2025 it reported revenue of $484,506, expenses of $40,507 and total assets of $5,883,565 at year end.

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