Fargo Hockey Association is located in Fargo, ND. The organization was established in 1988. 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, Fargo Hockey Association employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fargo 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 05/2022, Fargo Hockey Association generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.8m during the year ending 05/2022. While expenses have increased by 4.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AND SPONSOR YOUTH HOCKEY TEAMS AND OPERATE A YOUTH ICE ARENA IN FARGO, NORTH DAKOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SPONSORS YOUTH HOCKEY TEAMS AND OPERATES A YOUTH ICE ARENA IN FARGO, NORTH DAKOTA. THIS YEAR THERE WERE 890 REGISTERED PLAYERS AND A TOTAL OF 79 TEAMS.
THE ORGANIZATION HOSTED MULTIPLE REGIONAL TOURNAMENTS AND ONE INTERNATIONAL/NATIONAL YOUTH HOCKEY TOURNAMENT. THERE WERE 404 TEAMS PARTICIPATING IN THE INTERNATIONAL/NATIONAL TOURNAMENT. TYPICALLY THERE ARE ALSO CANADIAN TEAMS THAT PARTICIPATE IN THE INTERNATIONAL/NATIONAL TOURNAMENT BUT DUE TO COVID THERE WERE NOT ANY CANADIAN TEAMS DURING THE FISCAL YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey Nygaard Executive Director | Officer | 40 | $62,885 |
Nate Kirkeby Vp-Hockey Programming | OfficerTrustee | 5 | $1,685 |
Todd Krueger Termite Director | Trustee | 5 | $1,000 |
Sean Evenson Squirt Director | Trustee | 5 | $500 |
Nick Kjonaas Vp-Hockey Operations | OfficerTrustee | 5 | $250 |
Andy Bartsch Peewee Director | Trustee | 5 | $250 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $25,616 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $106,230 |
Noncash contributions included in lines 1a–1f | $10,615 |
Total Revenue from Contributions, Gifts, Grants & Similar | $131,846 |
Total Program Service Revenue | $1,375,888 |
Investment income | $92 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $117,649 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $2,059 |
Net Income from Gaming Activities | $122,739 |
Net Income from Sales of Inventory | $69,346 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,819,619 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $7,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $104,255 |
Compensation of current officers, directors, key employees. | $100,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $314,251 |
Pension plan accruals and contributions | $4,259 |
Other employee benefits | $4,995 |
Payroll taxes | $34,339 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,704 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $96,361 |
Advertising and promotion | $7,818 |
Office expenses | $55,092 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $115,988 |
Travel | $21,833 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $55,887 |
Insurance | $0 |
All other expenses | $179,651 |
Total functional expenses | $1,838,652 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $160 |
Savings and temporary cash investments | $877,184 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,124 |
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 | $3,000 |
Net Land, buildings, and equipment | $281,214 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $117,330 |
Total assets | $1,287,012 |
Accounts payable and accrued expenses | $39,126 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $39,126 |
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 | $1,247,886 |
Total liabilities and net assets/fund balances | $1,287,012 |
Over the last fiscal year, we have identified 2 grants that Fargo Hockey Association has recieved totaling $12,254.
Awarding Organization | Amount |
---|---|
Sanford Sioux Falls, SD PURPOSE: PROGRAM SUPPORT | $12,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $254 |
Organization Name | Assets | Revenue |
---|---|---|
Bridger Bowl Bozeman, MT | $44,447,307 | $17,478,314 |
The Loppet Foundation Inc Minneapolis, MN | $4,982,965 | $3,219,111 |
United Heroes League Hastings, MN | $3,084,310 | $3,081,953 |
Eagan Hockey Association Incorporated Eagan, MN | $236,242 | $1,165,383 |
Moorhead Youth Hockey Assn Moorhead, MN | $7,603,734 | $2,426,277 |
Bridger Ski Foundation Bozeman, MT | $1,336,581 | $2,042,765 |
Fargo Hockey Association Fargo, ND | $1,287,012 | $1,819,619 |
Edina Hockey Association Edina, MN | $768,078 | $1,616,429 |
District 284 Youth Hockey Association Golden Valley, MN | $1,155,590 | $1,715,832 |
Dickinson Youth Activities Inc Dickinson, ND | $2,700,930 | $1,609,260 |
Woodbury Area Hockey Club Woodbury, MN | $1,085,854 | $1,679,280 |
White Bear Lake Area Hockey Association White Bear Lake, MN | $2,865,444 | $2,125,305 |