Frisco Ice Hockey Association
- Assets
- $157.1k
- Revenue
- $269.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Frisco, TX
- Founding
- Data as of
- 08/2022
- EIN
- 75-2952986
Organization Overview
Frisco Ice Hockey Association is located in Frisco, TX. 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. Frisco Ice 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 08/2022, Frisco Ice Hockey Association generated $269.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $308.3k during the year ending 08/2022. While expenses have increased by 18.3% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ORGANIZATIONAL SUPPORT, LEADERSHIP, AND GUIDANCE TO TEAMS AFFILIATED WITH THE ASSOCIATION INCLUDING BUT NOT LIMITED TO FRISCO INDEPENDENT SCHOOL DISTRICT TEAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED PARTICIPANTS OF YOUTH ICE HOCKEY WITH EQUIPMENT, ICE TIME, COACHING, TRAINING, AND AN ORGANIZED SETTING FOR COMPETITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Brooks Treasurer | Officer | 2 | $0 |
Paul Foto Vice President | Officer | 3 | $0 |
Lynne Brooks President | Officer | 3 | $0 |
Janie Foster Secretary | Officer | 2 | $0 |
Lisa Bry Director | Officer | 3 | $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 | $4,879 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,879 |
| Total Program Service Revenue | $264,584 |
| Investment income | $0 |
| 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 | $269,463 |
| 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 | $750 |
| 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 | $0 |
| Information technology | $0 |
| 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 | $0 |
| All other expenses | $4,622 |
| Total functional expenses | $308,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,109 |
| Savings and temporary cash investments | $0 |
| 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 | $157,109 |
| 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 | $157,109 |
| 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 | $157,109 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North American Hockey League Dallas, TX | $2,110,435 | $3,513,718 |
Dallas Stars Elite Hockey Club Irving, TX | $236,972 | $2,030,320 |
North American 3 Hockey League Dallas, TX | $651,611 | $858,519 |
Austin Metro Hockey Association Cedar Park, TX | $906,120 | $1,437,471 |
Mckinney North Stars Hockey Club Mckinney, TX | $186,585 | $1,004,100 |
Dallas Ski Club Dallas, TX | $100,697 | $542,257 |
Dallas Figure Skating Club Inc Lantana, TX | $495,870 | $444,396 |
Space City Ski Club Inc Houston, TX | $216,456 | $357,649 |
World Book Bank Inc Oklahoma City, OK | $171,127 | $292,153 |
Frisco Ice Hockey Association Frisco, TX | $157,109 | $269,463 |
Los Amigos Ski Club Inc San Antonio, TX | $83,386 | $298,582 |
Lafayette Amateur Hockey Association Lafayette, LA | $121,154 | $368,646 |