Garnet Valley Ice Hockey Club Inc
- Assets
- $21.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Garnet Valley, PA
- Founding
- 02/2019
- Data as of
- 04/2024
- EIN
- 23-2760386
Organization Overview
Garnet Valley Ice Hockey Club Inc is located in Garnet Valley, PA. The organization was established in 2019. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garnet Valley Ice Hockey Club 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 04/2024, Garnet Valley Ice Hockey Club Inc generated $77.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $92.2k during the year ending 04/2024. While expenses have increased by 17.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE PROGRAM HAS BROUGHT YOUTH HOCKEY TO THE GARNET VALLEY SCHOOL DISTRICT FOR 30 YEARS. THE CLUB OFFERS HOCKEY TEAMS FOR KIDS IN GRADES K-12 IN THE GARNET VALLEY SCHOOL DISTRICT, AND WE PLAY OTHER TEAM IN NEIGHBORING SCHOOL DISTRICTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Papa President | 2 | $0 | |
Rich Teitlebaum Vice President | 2 | $0 | |
Michael Incorvaia Treasurer | 2 | $0 | |
Patrick Conway Equipment | 2 | $0 | |
Nan Ye Registrar | 2 | $0 | |
Kraig Struglia Communications | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,920 |
| Total Program Service Revenue | $71,582 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,502 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $92,169 |
| Total expenses | $92,169 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,290 |
| Other assets | $0 |
| Total assets | $21,290 |
| Total liabilities | $17,272 |
| Net assets or fund balances | $4,018 |