Falmouth Youth Hockey League Inc is located in East Falmouth, MA. The organization was established in 1967. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 05/2022, Falmouth Youth Hockey League Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Falmouth Youth Hockey League Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, Falmouth Youth Hockey League Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $1.1m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE SPORT OF HOCKEY, FIGURE SKATING AND PUBLIC SKATING AND RELATED ACTIVITIES FOR THE COMMUNITY. ALSO ENCOURAGE FRIENDLY RELATIONS WITH OTHER COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL EXPENDITURES ALLOW THE PROGRAM TO PROMOTE THE SPORTS OF HOCKEY, FIGURE SKATING AND RELATED ACTIVITIES IN THE COMMUNITY AND ENCOURGE FRIENDLY RELATIONS AMONG COMMUNITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Hennessy President | OfficerTrustee | 5 | $0 |
Paul Moore Chairman | OfficerTrustee | 10 | $0 |
Mark Mcevoy Treasurer | OfficerTrustee | 2 | $0 |
Harry Turner Director | Trustee | 2 | $0 |
Rick Dewitt Director | Trustee | 2 | $0 |
Charlie Bardelis Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $79,009 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $79,009 |
Total Program Service Revenue | $925,070 |
Investment income | $33 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $50,694 |
Net Gain/Loss on Asset Sales | $15,000 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $30,384 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,100,190 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $3,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $87,784 |
Compensation of current officers, directors, key employees. | $87,784 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $162,446 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,930 |
Payroll taxes | $20,088 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,618 |
Advertising and promotion | $13,322 |
Office expenses | $29,321 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $7,779 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $110,244 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $180,023 |
Insurance | $49,545 |
All other expenses | $76,777 |
Total functional expenses | $1,129,801 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$1 |
Savings and temporary cash investments | $500,914 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $41,541 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,994 |
Net Land, buildings, and equipment | $6,716,398 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $8,465 |
Total assets | $7,269,311 |
Accounts payable and accrued expenses | $12,607 |
Grants payable | $0 |
Deferred revenue | $141,712 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $2,469,429 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $721 |
Total liabilities | $2,624,469 |
Net assets without donor restrictions | $4,644,842 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $7,269,311 |
Over the last fiscal year, we have identified 1 grants that Falmouth Youth Hockey League Inc has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Skin Cancer Foundation Inc New York, NY | $8,525,927 | $11,447,071 |
The Skating Club Of Boston Norwood, MA | $69,699,987 | $7,906,806 |
Vermont Association Of Snow Travelers Inc Barre, VT | $3,241,004 | $3,918,954 |
Waterville Valley Black & Blue Trail Smashers-Snowsports Edu Fdn Waterville Valley, NH | $2,567,962 | $3,711,484 |
Skyliners Synchronizer Skating Team Inc Pelham, NY | $1,872,139 | $2,783,736 |
Darien Youth Hockey Assoc Inc Darien, CT | $1,229,973 | $2,562,847 |
Northboro Youth Hockey Program Inc Westborough, MA | $6,509,967 | $2,397,981 |
Ramapo Youth Hockey Association Inc Monsey, NY | $416,965 | $2,307,032 |
Beaver Dam Winter Sports Club Inc Long Island Locust Valley, NY | $6,658,700 | $2,629,105 |
Share Winter Foundation Providence, RI | $3,585,553 | $2,066,083 |
Professional Ski Instructors Albany, NY | $1,829,406 | $2,398,753 |
Mid Fairfield Youth Hockey Association Inc Port Chester, NY | $1,290,390 | $2,178,898 |