MARYLAND STATE SQUASH RACQUETS ASSOC INC

EIN: 521286519 501(c)(3)

LUTHERVILLE, MD

Total Revenue
$233,850
Total Expenses
$252,011
Total Assets
$152,481
Net Assets
$152,481
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1907
Legal Domicile
MD
Principal Officer
HENRY SCHMIDT
Phone
4103405456
Tax Period
2024-06-01 to 2025-05-31

MARYLAND STATE SQUASH RACQUETS ASSOC INC, founded in 1907, is a small nonprofit that reported $234K in total revenue in fiscal year 2024. Revenue surged 453% from the prior year, signaling strong growth momentum.

Mission

PROMOTE SPORT OF SQUASH & ENCOURAGE INDIVIDUALS TO PLAY SQUASH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $230,348
Program Service Revenue $0
Investment Income $3,502
Other Revenue $0
TOTAL REVENUE $233,850

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $252,011
Other Expenses $252,011
TOTAL EXPENSES $252,011

Year-over-Year Comparison

2024 2023 Change
Revenue $233,850 $42,250 +4.5%
Expenses $252,011 $21,837 +10.5%
Net Income $-18,161 $20,413 -1.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK BEDORE CO-PRESIDENT 5.00
Officer Director
$0 $0 $0
ZACH BRADLEY CO-PRESIDENT 3.00
Officer Director
$0 $0 $0
HENRY SCHMIDT TREASURER 5.00
Officer Director
$0 $0 $0
ROBERT TRAVERS DIRECTOR 5.00
Director
$0 $0 $0
ROBERT EVERD DIRECTOR 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $233,850 $252,011 $152,481 $-18,161
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