Novi Youth Hockey Association Inc
- Assets
- $405.4k
- Revenue
- $256.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Novi, MI
- Founding
- 06/2001
- Data as of
- 12/2021
- EIN
- 38-3421075
Organization Overview
Novi Youth Hockey Association Inc is located in Novi, MI. The organization was established in 2001. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Novi Youth Hockey Association 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 12/2021, Novi Youth Hockey Association Inc generated $256.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $163.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (20.1%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH HOCKEY DEVELOPMENT & COMPETITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOCKEY DEVELOPMENT-6 DIVISIONS OF TEAMS WERE FORMED AND PLAYERS DEVELOPED HOCKEY SKILLS UNDER THE SUPERVISION OF THE COACHING STAFF.
COMPETITION-6 DIVISIONS OF TEAMS COMPETED IN LOCAL HOCKEY LEAGUES AND IN TOURNAMENTS. THE TOURNAMENTS PROMOTE NATIONAL AND INTERNATIONAL SPORTING COMPETITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Handyside Exec Vp/director | OfficerTrustee | 10 | $0 |
Mark Berke President/director | OfficerTrustee | 10 | $0 |
Joy Orlich Secretary/director | OfficerTrustee | 10 | $0 |
Kosta Vrahnos Director | Trustee | 10 | $0 |
Larry Harrigan Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $246,726 |
| Fundraising events | $7,647 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $256,073 |
| Total Program Service Revenue | $12 |
| Investment income | $672 |
| 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 | $256,757 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $933 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $477 |
| Advertising and promotion | $2,340 |
| Office expenses | $237 |
| Information technology | $2,600 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $628 |
| All other expenses | $4,837 |
| Total functional expenses | $163,131 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,001 |
| Savings and temporary cash investments | $263,370 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| 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 | $405,371 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $405,371 |
| 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 | $405,371 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Novi Youth Hockey Association Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Sergei Fedorov Foundation Southfield, MI PURPOSE: GENERAL PURPOSE CONTRIBUTION | $500 |
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Indy College Football Playoff Inc Indianapolis, IN | $2,356,063 | $6,670,000 |
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United States Bowling Congress Inc Milwaukee, WI | $609,702 | $1,811,037 |
Livonia Civic Arenas Inc Livonia, MI | $814,665 | $1,368,082 |
National Muzzle Loading Rifle Association Friendship, IN | $3,274,556 | $1,611,305 |
Columbus Marathon Columbus, OH | $235,659 | $1,100,044 |
United States Bowling Congress Inc Grandville, MI | $852,759 | $721,706 |
Wisconsin Trapshooting Association Inc Burlington, WI | $3,345,328 | $827,218 |