Black Bear Youth Hockey Foundation
- Assets
- $18.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- Data as of
- 12/2023
- EIN
- 85-0843768
Organization Overview
Black Bear Youth Hockey Foundation is located in Bethesda, MD. 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. Black Bear Youth Hockey Foundation 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, Black Bear Youth Hockey Foundation generated $30.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (39.1%) each year. All expenses for the organization totaled $48.9k during the year ending 12/2023. 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
DURING 2023, BLACK BEAR YOUTH HOCKEY FOUNDATION PROVIDED 58 NEED-BASED SCHOLARSHIPS TO YOUTH HOCKEY PLAYERS TO OFFSET COSTS ASSOCIATED WITH SKATING AND PLAYING HOCKEY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Goldman President | 3 | $0 | |
Robert Dragonette Treasurer | 3 | $0 | |
Murry Gunty Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,610 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,610 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $925 |
| Total expenses | $48,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,267 |
| Other assets | $0 |
| Total assets | $18,267 |
| Total liabilities | $4,995 |
| Net assets or fund balances | $13,272 |