Falcons Hockey Association
- Assets
- $196.5k
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 40
- Location
- Highland Park, IL
- Founding
- 01/1973
- Data as of
- 05/2023
- EIN
- 23-7248441
Organization Overview
Falcons Hockey Association is located in Highland Park, IL. The organization was established in 1973. 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 05/2023, Falcons Hockey Association employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Falcons Hockey Association 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 05/2023, Falcons Hockey Association generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $2.3m during the year ending 05/2023. While expenses have increased by 1.4% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH HOCKEY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING HOCKEY INSTRUCTION/DEVELOPMENT FOR YOUTHS AGES 3-16
COACHING FEES PAID TO DIRECTORS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Miller Director | $129,654 | ||
Thomas Boudreau Director | $138,433 | ||
Nick Meo VP Operation | OfficerTrustee | 4.5 | $89,163 |
Efren Heredia VP House | OfficerTrustee | 1 | $30,069 |
Glenn Agrest Executive VP | OfficerTrustee | 3.5 | $20,326 |
David Bradley President | OfficerTrustee | 3.5 | $13,443 |
Financial Statements
| 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 | $28,920 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,920 |
| Total Program Service Revenue | $2,380,043 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,408,963 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $172,969 |
| Compensation of current officers, directors, key employees. | $47,596 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $585,331 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $77,349 |
| Payroll taxes | $61,017 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,927 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $205,864 |
| Advertising and promotion | $30,146 |
| Office expenses | $1,150 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $382 |
| Interest | $4,803 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $63,669 |
| Total functional expenses | $2,341,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,272 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $116,039 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $37,498 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,693 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $196,502 |
| Accounts payable and accrued expenses | $82,838 |
| Grants payable | $0 |
| Deferred revenue | $6,250 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $147,111 |
| Other liabilities | $0 |
| Total liabilities | $236,199 |
| Net assets without donor restrictions | $0 |
| 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 | -$39,697 |
| Total liabilities and net assets/fund balances | $196,502 |