Friends Of Reading Rockets Hockey Inc
- Assets
- $12.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Reading, MA
- Founding
- 04/2012
- Data as of
- 12/2023
- EIN
- 45-2502338
Organization Overview
Friends Of Reading Rockets Hockey Inc is located in Reading, MA. The organization was established in 2012. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, 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. Friends Of Reading Rockets Hockey 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 12/2023, Friends Of Reading Rockets Hockey Inc generated $33.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $29.8k during the year ending 12/2023. While expenses have increased by 0.1% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO FOSTER, ENCOURAGE, ANGAGE AND PROMOTE ATHELTIC ACTIVITIES INCLUDING, WITHOUT LIMITATION, THE SPORT OF ICE HOCKEY. TO PROVIDE SUPPORT AND ASSISTANCE TO THE ICE HOCKEY PROGRAMS OF READING MEMORIAL HIGH SCHOOL AS WELL AS OTHER RELATED PROGRAMS WHICH INVOLVE CHILDREN AND HIGH SCHOOL STUDENTS IN THE SPORTS AND ATHLETIC FIELDS. THE ORGANIZATION ACTS EXCLUSIVELY FOR CHARITABLE PURPOSES BY PROVIDING FINANCIAL ASSISTANCE TO THE SPORTS PROGRAMS IN OBTAINING UNIFORMS, CLOTHING, EQUIPMENT, FACILITIES, TRAINING AND INSTRUCTION, AND OTHER PROGRAM RELATED COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Vedder President & Director | 1 | $0 | |
Stephen Lomanno Treasurer & Director | 1 | $0 | |
Richard Carter Clerk & Director | 0 | $0 | |
Mark Delaney Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,592 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,505 |
| Other Revenue | $0 |
| Total Revenue | $33,097 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $6,700 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,062 |
| Total expenses | $29,762 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,497 |
| Other assets | $0 |
| Total assets | $12,497 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,497 |