Rinks Foundation
- Assets
- $21.0m
- Revenue
- $25.2m
- Investments
- $0.0
- Employees
- 408
- Location
- Corona Del Mar, CA
- Founding
- Data as of
- 12/2022
- EIN
- 87-3601813
Organization Overview
Rinks Foundation is located in Corona Del Mar, CA. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Rinks Foundation employed 408 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rinks 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 12/2022, Rinks Foundation generated $25.2m in total revenue. All expenses for the organization totaled $19.1m during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP THE SPORT OF HOCKEY IN ORANGE COUNTY AND SAN DIEGO COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOCKEY PROGRAM - THE RINKS OFFER A VARIETY OF ADULT ICE HOCKEY AND INLINE HOCKEY PROGRAMS AND LEAGUES FOR PARTICIPANTS OF ALL AGES AND ABILITY LEVELS. THE RINKS ARE HOME TO THOUSANDS OF ADULT HOCKEY PLAYERS, WHETHER YOU ARE NEW TO THE SPORT AND LOOKING TO PLAY HOCKEY FOR THE FIRST TIME OR HAVE BEEN PLAYING FOR YEARS AND LOOKING TO PLAY IN AN ELITE LEVEL HOCKEY LEAGUE. THE RINKS HAS A PROGRAM OR LEAGUE AVAILABLE FOR YOU. YOUTH LEAGUES ARE HOME TO OVER A THOUSAND PLAYERS FROM FIRST TIME PLAYERS TO A AAA TRAVEL HOCKEY PLAYER.
CLUB TRAVEL HOCKEY - OCHC (ORANGE COUNTY HOCKEY CLUB) AND JR ICE DOGS ARE DEDICATED TO THE DEVELOPMENT OF EACH YOUNG PLAYER AND HIS OR HER WORK ETHIC, DETERMINATION AND COMMITMENT THROUGH THE SPORT OF HOCKEY. WE ARE COMMITTED TO HELP OUR YOUNG HOCKEY PLAYERS ACHIEVE THEIR ASPIRATIONS AND HAVE FUN WHILE DOING SO. OUR "A/B" TEAMS OFFER A BALANCE OF SKILL DEVELOPMENT AND COMPETITION IN THE SOUTHERN CALIFORNIA AMATEUR HOCKEY ASSOCIATION "SCAHA" LEAGUE AS WELL AS ATTEND BOTH LOCAL AND REGIONAL TOURNAMENTS. TIER II "AA" PLAYERS ARE OFFERED SKILL DEVELOPMENT AT A MORE COMPLEX LEVEL COUPLED WITH PRACTICE PROGRAMS THAT ARE SPECIFICALLY DESIGNED FOR THE ADVANCED PLAYER. OUR "AA" TEAMS PARTICIPATE IN SCAHA, CAHA WEEKENDS AS WELL AS COMPETE IN REGIONAL AND NATIONAL TOURNAMENTS. EXTENDING THIS STRONG FOUNDATION, OUR TIER I "AAA" TEAMS GAIN THE HIGHEST POSSIBLE DEVELOPMENTAL AND COMPETITIVE LEARNING EXPERIENCE BY PLAYING AT THE STATE, REGIONAL AND NATIONAL LEVEL. AT THE TOP LEVEL, OUR TIER I "AAA" TEAMS DEVELOP ELITE PLAYERS WHO ARE CAPABLE OF ATTAINING THEIR FUTURE HOCKEY GOALS.
FIGURE SKATING - THE SKATING ACADEMY DEVELOPS THE COMPLETE SKATER BY TRAINING TECHNIQUE, ARTISTRY, AND ATHLETICISM. WE OFFER GROUP-FORMAT ON-ICE CLASSES IN JUMPS, SPINS, AND SKATING SKILLS AS WELL AS OFF-ICE CLASSES IN DANCE, STRENGTH & CONDITIONING (S&C), AND OFF-ICE JUMP TRAINING.NO MATTER YOUR LEVEL, OUR CLASSES PROVIDE A COMPETITIVE AND FUN ENVIRONMENT FOR SKATERS TO LEARN AND GROW.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Hutchinson Hockey Director | 40 | $124,220 | |
Audrey Hodges Assistant Controller | 40 | $118,015 | |
Aaron Teats Chief Executive Officer | OfficerTrustee | 1 | $0 |
Colin Reddin Chairman | Trustee | 1 | $0 |
Dan Adams Director | Trustee | 1 | $0 |
Daniel Koblin Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Henry Eakle Zamboni Repairs | 12/30/22 | $217,970 |
Cpalomarez Referee Services | 12/30/22 | $985,900 |
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 | $8,928,118 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,928,118 |
| Total Program Service Revenue | $15,696,791 |
| Investment income | $2,668 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$80,043 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $410,519 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,215,358 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $211 |
| 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 | $5,633,089 |
| Pension plan accruals and contributions | $92,148 |
| Other employee benefits | $494,883 |
| Payroll taxes | $470,276 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $227,932 |
| Fees for services: Accounting | $99,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $486,397 |
| Advertising and promotion | $38,575 |
| Office expenses | $545,225 |
| Information technology | $287,204 |
| Royalties | $0 |
| Occupancy | $7,083,772 |
| Travel | $13,469 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $328 |
| Interest | $4,290 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $548,846 |
| Insurance | $570,499 |
| All other expenses | $140,963 |
| Total functional expenses | $19,140,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,661,241 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $662,316 |
| Accounts receivable, net | $928,792 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $64,945 |
| Prepaid expenses and deferred charges | $363,286 |
| Net Land, buildings, and equipment | $2,655,714 |
| Investments—publicly traded securities | $8,200,213 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,850,000 |
| Other assets | $621,004 |
| Total assets | $21,007,511 |
| Accounts payable and accrued expenses | $1,981,164 |
| Grants payable | $0 |
| Deferred revenue | $2,045,151 |
| 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 | $3,200,000 |
| Other liabilities | $331,742 |
| Total liabilities | $7,558,057 |
| Net assets without donor restrictions | $13,449,454 |
| 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 | $21,007,511 |