New Prague Hockey Association Inc
- Assets
- $302.9k
- Revenue
- $229.6k
- Investments
- $0.0
- Employees
- 4
- Location
- New Prague, MN
- Founding
- 11/1980
- Data as of
- 12/2021
- EIN
- 41-1341185
Organization Overview
New Prague Hockey Association Inc is located in New Prague, MN. The organization was established in 1980. 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 12/2021, New Prague Hockey Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Prague 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, New Prague Hockey Association Inc generated $229.6k 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 (3.7%) each year. All expenses for the organization totaled $319.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE YOUTH HOCKEY
Describe the Organization's Program Activity:
PROMOTION OF YOUTH PARTICIPATION IN HOCKEY ACTIVITIES BY ESTABLISHING A YOUTH HOCKEY PROGRAM AND PROVIDING OPPORTUNITIES TO LEARN HOCKEY ADN PLAY IN TOURNAMENTS. THERE WERE PARTICIPANTS FROM AGES 3-16 IN THE CURRENT YEAR, OVER 800 HOURS OF ICE TIME FOR THE ASSOCIATION. PROVIDED HARDSHIP SCHOLARSHIPS FOR FAMILIES THAT INCLUDED FREE REGISTRATION AND GEAR TO PLAY. WE PAID FOR PROFESSIONAL ON/OFF ICE TRAINING FOR OUR KIDS. WE SPONSOR, FREE TO ATTENDEES, EVENTS TO RETAIN AND RECRUIT HOCKEYU PLAYERS AT EVERY AGE. EVENTS INCLUDED: SEASON TEAM TOURNAMENTS AND FIRST YEAR OF MITES IS FREE. THESE PROGRAMS HAVE UNITED THE COMMUNITY IN ITS YOUTH HOCKEY EFFORTS. 70,089 OF LAWFUL PURPOSE EXPENDITURES FOR YOUTH HOCKEY ALSO INCLUDED IN LAWFUL GAMBLING EXPENSES FOR 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Beckius Treasurer | Officer | 3 | $0 |
Jason Olson Vice Preside | Officer | 2 | $0 |
Miranda Vertnik Secretary | Officer | 7 | $0 |
Tom Gallagher Member At La | Trustee | 2 | $0 |
Kristina Dillon Fundraising | Trustee | 2 | $0 |
Jess Snyder Communicatio | Trustee | 2 | $0 |
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 | $58,336 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,336 |
| Total Program Service Revenue | $118,118 |
| Investment income | $76 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $66,940 |
| Net Income from Gaming Activities | -$13,848 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $229,622 |
| 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 | $1,755 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $778 |
| Information technology | $1,164 |
| 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 | $3,381 |
| All other expenses | $13,089 |
| Total functional expenses | $319,235 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,724 |
| Savings and temporary cash investments | $30,570 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $476 |
| 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 | $19,663 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $49,452 |
| Total assets | $302,885 |
| Accounts payable and accrued expenses | $33,946 |
| 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 | $63,301 |
| Total liabilities | $97,247 |
| Net assets without donor restrictions | $205,638 |
| 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 | $302,885 |
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|---|---|---|
The Loppet Foundation Inc Minneapolis, MN | $4,982,965 | $3,219,111 |
American Birkebeiner Ski Foundation Inc Hayward, WI | $7,179,042 | $2,764,424 |
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 |
Fargo Hockey Association Fargo, ND | $1,287,012 | $1,819,619 |
Milwaukee Jr Admirals Inc Milwaukee, WI | $378,879 | $1,815,838 |
Wisconsin Amateur Hockey Association Inc Mequon, WI | $1,631,368 | $1,828,064 |
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 |