Overview
What is Needham Youth Hockey Association Inc?
Needham Youth Hockey Association Inc, based in Needham, Massachusetts, is a nonprofit organization primarily focused on youth hockey. Their mission is to offer local residents of Needham and Dover, MA, opportunities to develop and enhance their skills in the sport through both travel hockey programs and in-house tournaments. The association provides a comprehensive platform for young hockey enthusiasts, fostering a competitive environment and promoting teamwork and sportsmanship.
Official website here: www.nyha.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 61%)
The Needham Youth Hockey Association Inc has received a rating of "Needs Improvement" from Charity Navigator, scoring 61%. This rating indicates some strengths and significant areas for growth in accountability and financial practices. The organization excels in governance, with a fully independent board and no reported asset diversions, showcasing a commitment to transparency in those areas.
While the program expense ratio is notably high at 96.04%, suggesting that the majority of funds are directed toward its mission, the organization faces critical limitations. It lacks essential policies, including conflict of interest, whistleblower, and document retention policies, which could undermine its accountability and operational integrity. Furthermore, its liabilities exceed assets, indicating potential financial instability.
In summary, while the Needham Youth Hockey Association demonstrates effective use of funds toward its programs, the absence of key governance policies and financial ratios raises concerns that need to be addressed. Improved oversight and policy development could enhance the organization's overall rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Needham Youth Hockey Association Inc legitimate?
Needham Youth Hockey Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Needham Youth Hockey Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $15,660
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nyha.org
What is the mission statement of Needham Youth Hockey Association Inc?
The Needham Youth Hockey Association Inc. is committed to offering training and skill enhancement in the sport of hockey to the local youth residing in Needham and Dover, Massachusetts. Their primary mission is to provide a platform for young individuals to develop their competitive skills through both travel hockey and in-house programs, as well as participating in tournaments.
Official website here: www.nyha.org
Who is the CEO of Needham Youth Hockey Association Inc?
John Larson is the Director, Off Ice of Needham Youth Hockey Association Inc.
Official website here: www.nyha.org
What is the revenue of Needham Youth Hockey Association Inc?
Needham Youth Hockey Association Inc's revenue in 2023 was $479,957.
Official website here: www.nyha.org
Who are the executives of Needham Youth Hockey Association Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.nyha.org
Where can I find the form 990 for Needham Youth Hockey Association Inc?
Needham Youth Hockey Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nyha.org
Learn more at the official website: www.nyha.org
Mission Statement of Needham Youth Hockey Association Inc
Needham Youth Hockey Association Inc, a youth hockey program, is committed to providing the local youth of Needham and Dover, MA with the opportunity to enhance their skills in the sport of hockey. Their mission is twofold: to offer both travel hockey and inhouse programs, as well as participate in tournaments. The association aims to provide a platform for the youth to develop their competitive abilities and hone their skills in the sport they love. By doing so, Needham Youth Hockey Association Inc strives to contribute to the overall growth and development of its young participants.
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Impact
July, 2024
The Needham Youth Hockey Association Inc has a significant impact on the youth in Needham and Dover, MA by providing them with training and competitive skills enhancement in the sport of hockey. Through their travel hockey, in-house programs, and tournaments, the organization helps young players develop both athletically and personally. This impact extends beyond the rink, fostering teamwork, discipline, and sportsmanship among the participants. As a result, the Needham Youth Hockey Association Inc plays a crucial role in the development and growth of young athletes in the community.
This information is meant to be a general summary of Needham Youth Hockey Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $42
- Program Service Revenue: $479,915
- Gross Receipts: $479,957
Assets and Liabilities:
- Total Assets: $234,094
- Total Liabilities: $254,095
- Net Assets: -$20,001
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Organization Details
Founding Year
1987
Phone
(860) 881-4418Principal Officer
John Larson
Main Address
P O BOX 920828, NEEDHAM, MA, 02492
Website
www.nyha.orgNTEE Category
Code: N68Z - Recreation
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