Bagley Youth Hockey Association
- Assets
- $1.4m
- Revenue
- $284.9k
- Investments
- $0.0
- Employees
- 17
- Location
- Bagley, MN
- Founding
- 04/1984
- Data as of
- 08/2023
- EIN
- 41-1472807
Organization Overview
Bagley Youth Hockey Association is located in Bagley, MN. The organization was established in 1984. 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 08/2023, Bagley Youth Hockey Association employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bagley Youth 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 08/2023, Bagley Youth Hockey Association generated $284.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $215.7k during the year ending 08/2023. While expenses have increased by 6.2% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND IMPROVE THE STANDARDS OF YOUTH ICE HOCKEY IN THE BAGLEY AND SURROUNDING AREA THROUGH CAMPS, TRAINING, PRACTICES, GAMES AND TOURNAMENTS
Describe the Organization's Program Activity:
PROVIDE HOCKEY CAMPS, TRAINING, PRACTICE, GAMES, AND TOURNAMENTS FOR YOUTH IN THE BAGLEY AND SURROUNDING AREA
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 |
|---|---|---|---|
Bill Palmer President | OfficerTrustee | 2 | $0 |
Amanda Hood Treasurer | OfficerTrustee | 2 | $0 |
Cierra Anderson Secretary | OfficerTrustee | 2 | $0 |
Kayla Friborg Director | Trustee | 1 | $0 |
Jamie Dillich Director | Trustee | 1 | $0 |
Leah Leavitt Director | Trustee | 1 | $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 | $23,186 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,186 |
| Total Program Service Revenue | $44,070 |
| Investment income | $154 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $20,830 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,365 |
| Net Income from Gaming Activities | $174,405 |
| Net Income from Sales of Inventory | $5,400 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $284,911 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,158 |
| 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 | $3,465 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $265 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,732 |
| Advertising and promotion | $1,910 |
| Office expenses | $0 |
| Information technology | $2,150 |
| Royalties | $0 |
| Occupancy | $439 |
| Travel | $2,350 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $185 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $73,618 |
| Insurance | $16,527 |
| All other expenses | $3,377 |
| Total functional expenses | $215,671 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $220,245 |
| Savings and temporary cash investments | $23,612 |
| 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 | $605 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,146,359 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,390,821 |
| 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 | $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 | $1,390,821 |
| Total liabilities and net assets/fund balances | $1,390,821 |
Grants Awarded
Over the last fiscal year, Bagley Youth Hockey Association has awarded $13,124 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF WILTON PURPOSE: 10% CITY ADMINISTERE | $5,592 |
CITY OF SHEVLIN PURPOSE: 10% CITY ADMINISTERE | $7,532 |