Aspen Junior Hockey Inc
- Assets
- $668.6k
- Revenue
- $596.4k
- Investments
- $484.9k
- Employees
- 3
- Location
- Aspen, CO
- Founding
- 06/1975
- Data as of
- 08/2021
- EIN
- 51-0143083
Organization Overview
Aspen Junior Hockey Inc is located in Aspen, CO. The organization was established in 1975. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, Aspen Junior Hockey Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aspen Junior 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 08/2021, Aspen Junior Hockey Inc generated $596.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $591.6k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 6 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
DEVELOPING YOUTH INTO YOUNG MEN AND WOMEN WITH STRONG CHARACTER THROUGH THE SPORT OF HOCKEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AN OPPORTUNITY FOR PLAYERS OF THE ROARING FORK VALLEY TO PARTICIPATE IN A RECREATIONAL AND COMPETITIVE HOCKEY PROGRAM THAT PROMOTES SPORTMANSHIP, TEAM PLAY, SELF-ESTEEM, AND CHARACTER. APPROXIMATELY 275 CHILDREN PARTICIPATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harlan Pratt Exec Director | Officer | 40 | $58,692 |
Anne Martens President | OfficerTrustee | 4 | $0 |
Jeff Kuhlman Vice President | OfficerTrustee | 4 | $0 |
Ed Zane Treasurer | OfficerTrustee | 2 | $0 |
Ashton Hewitt Secretary | OfficerTrustee | 2 | $0 |
Robert Bridger Director | 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 | $125,629 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,629 |
| Total Program Service Revenue | $469,940 |
| Investment income | $15 |
| 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 | $718 |
| Net Income from Sales of Inventory | $70 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $596,372 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $22,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,000 |
| Compensation of current officers, directors, key employees. | $8,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,683 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $47,997 |
| Payroll taxes | $12,122 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,479 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,819 |
| Fees for services: Other | $57,071 |
| Advertising and promotion | $2,960 |
| Office expenses | $8,947 |
| Information technology | $1,226 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,076 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $687 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,248 |
| Insurance | $4,297 |
| All other expenses | $12,032 |
| Total functional expenses | $591,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,197 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,700 |
| 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 | $5,195 |
| Net Land, buildings, and equipment | $51,621 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $484,881 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $668,594 |
| Accounts payable and accrued expenses | $1,000 |
| 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 | $1,000 |
| Net assets without donor restrictions | $492,594 |
| Net assets with donor restrictions | $175,000 |
| 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 | $668,594 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Aspen Junior Hockey Inc has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Steel Partners Foundation Aspen, CO PURPOSE: COMMUNITY SERVICES | $1,500 |
Endowment Analysis
| Beg. Balance | $397,764 |
| Earnings | $112,868 |
| Admin Expense | $2,820 |
| Other Expense | $931 |
| Grants | $22,000 |
| Ending Balance | $484,881 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Aspen-Snowmass Aspen, CO | $5,325,438 | $11,239,996 |
Grand Teton Music Festival Inc Jackson, WY | $21,966,338 | $8,778,128 |
Colorado Music Festival Boulder, CO | $2,219,616 | $3,012,496 |
Amp The Cause Denver, CO | $134,793 | $2,222,228 |
Strings Music Festival Steamboat Springs, CO | $9,630,765 | $2,301,723 |
Swallow Hill Music Association Denver, CO | $6,215,784 | $6,402,960 |
Youth On Record Denver, CO | $1,879,684 | $1,486,408 |
Yfc Inc Omaha, NE | $650,534 | $1,235,325 |
Parlando Incorporated Boulder, CO | $1,273,068 | $2,033,961 |
Santa Fe Concert Association Santa Fe, NM | $379,174 | $1,132,324 |
Piano Technicians Guild Incorporated Kansas City, KS | $3,439,012 | $1,235,937 |
The Vail Jazz Foundation Inc Vail, CO | $1,001,642 | $1,276,123 |