Overview
What is Franklin Youth Hockey Association Inc?
Franklin Youth Hockey Association Inc, based in Franklin, Massachusetts, serves as a nonprofit organization dedicated to nurturing young individuals. Through scheduled practices, games, and tournaments, they teach not only ice skating and hockey skills but also the associated rules. The association emphasizes sportsmanship and encourages a sense of fairness and fun among its participants. Their mission extends beyond the game, aiming to instill values such as respect, integrity, teamwork, and a pursuit of excellence in all those involved. The number of participants fluctuates year by year, reflecting the ongoing growth and development of the program.
Official website here: www.franklinflyers.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 63% overall score)
The Franklin Youth Hockey Association Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in several key areas of accountability and finance. The organization scores well in program expenses, demonstrating a commitment to funding its core activities with an impressive 95% program expense ratio. However, the overall rating is impacted by a lack of independent board members and missing essential policies, such as a conflict of interest policy.
Despite achieving full points for its financial statements audit and maintaining no material diversion of assets, the organization has significant room for improvement in governance practices. Notably, the absence of independent board members and a public posting of their tax form raises concerns about transparency and oversight. While they have implemented a whistleblower policy, the lack of a conflict of interest policy is a critical gap that needs addressing.
To enhance their rating and public trust, Franklin Youth Hockey Association Inc would benefit from increasing board independence and ensuring all required policies are in place and accessible. This could lead to better oversight and governance, ultimately strengthening their overall impact in the community they serve.
This AI summary has been generated from information found on Charity Navigator.
Is Franklin Youth Hockey Association Inc legitimate?
Franklin Youth Hockey Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin 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.
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Official website here: www.franklinflyers.org
What is the mission statement of Franklin Youth Hockey Association Inc?
The Franklin Youth Hockey Association Inc's mission is centered around teaching the game of hockey to youth. Beyond this, their objective extends to instructing the essential skills of ice skating and the fundamental rules of hockey. They prioritize safety, fairness, and fun, and strive to instill values such as sportsmanship, respect, integrity, pursuit of excellence, enjoyment, loyalty, and teamwork into all those involved in the program. This is achieved through scheduled practices, games, and tournaments. The number of participants may fluctuate from year to year.
Official website here: www.franklinflyers.org
Who is the CEO of Franklin Youth Hockey Association Inc?
Michael D Rogers is the Secretary of Franklin Youth Hockey Association Inc.
Official website here: www.franklinflyers.org
What is the revenue of Franklin Youth Hockey Association Inc?
Franklin Youth Hockey Association Inc's revenue in 2023 was $551,165.
Official website here: www.franklinflyers.org
Who are the executives of Franklin Youth Hockey Association Inc and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.franklinflyers.org
Where can I find the form 990 for Franklin Youth Hockey Association Inc?
Franklin Youth Hockey Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.franklinflyers.org
Learn more at the official website: www.franklinflyers.org
Mission Statement of Franklin Youth Hockey Association Inc
Franklin Youth Hockey Association Inc is committed to imparting the intricacies of hockey to young individuals. Their mission is multifaceted, encompassing the teaching of ice skating skills, instructing the fundamental rules of the game, promoting safety, fairness, and enjoyment, and instilling values such as sportsmanship, respect, integrity, pursuit of excellence, and teamwork in all its participants. The association achieves this through scheduled practices, games, and tournaments, ensuring a comprehensive learning experience for the youth. The number of participants fluctuates annually, reflecting the association's ongoing dedication to nurturing the next generation of hockey enthusiasts.
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Impact
July, 2024
Franklin Youth Hockey Association Inc has a significant impact on youth development in Franklin, MA. Through their mission to teach the art of skating, instruct the fundamentals of ice hockey, foster safety, fairness, and fun, and instill sportsmanship, respect, integrity, pursuit of excellence, enjoyment, loyalty, and teamwork, the organization positively influences the lives of its participants. By providing opportunities for youth to engage in the sport of hockey, learn important life skills, and cultivate values such as teamwork and sportsmanship, Franklin Youth Hockey Association Inc plays a vital role in shaping the character and development of young individuals in the community.
This information is meant to be a general summary of Franklin 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: $12
- Program Service Revenue: $531,518
- Gross Receipts: $554,867
Assets and Liabilities:
- Total Assets: $234,979
- Total Liabilities: $161,129
- Net Assets: $73,850
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Hockey Member Fees
Revenue
$531,518
Organization Details
Founding Year
1969
Phone
(401) 230-5595Principal Officer
Michael D Rogers
Main Address
PO Box 71, Franklin, MA, 02038
Website
www.franklinflyers.orgNTEE Category
Code: O20Z - Youth development
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