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Fire Wagon Hockey Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202682112 ✦ Crystal lake, IL ✦ Designated as a 501(c)(3)

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Overview

What is Fire Wagon Hockey Inc?

Fire Wagon Hockey Inc, based in Crystal Lake, Illinois, is a nonprofit organization dedicated to fostering recreational sports, primarily focusing on ice hockey. With a team of 35 employees, this organization aims to promote athletic activities for children, providing an engaging platform for growth and skill development within the realm of hockey. Although the information provided does not specify other related activities, it is safe to assume that Fire Wagon Hockey Inc may also include related events, trainings, or community programs to further promote and encourage the sport among young participants.


Official website here: www.firewagonhockey.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Fire Wagon Hockey Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 73%. While the organization excels in financial oversight and program expense ratio, it struggles with board governance, lacking independent board members and having a weak liabilities to assets ratio. These governance issues may impact the long-term sustainability and strategic decision-making of the organization.

User reviews highlight the positive community impact and family-oriented atmosphere of Fire Wagon Hockey, with many praising the volunteer coaches and the development of children both as athletes and individuals. Parents appreciate the organization’s emphasis on teamwork, discipline, and character over competition, fostering a supportive environment that encourages lifelong friendships and valuable life lessons for the youth involved.

Despite the positive feedback, the organization’s low rating in governance and oversight raises concerns. This could limit its ability to effectively manage resources and ensure continued growth. Overall, while Fire Wagon Hockey is cherished by participants for its community spirit and focus on youth development, there are significant areas for improvement in its governance practices.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Fire Wagon Hockey Inc legitimate?

Fire Wagon Hockey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fire Wagon Hockey 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: $16,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $621,270

For more financial information, click here


Official website here: www.firewagonhockey.com

What is the mission statement of Fire Wagon Hockey Inc?

Fire Wagon Hockey Inc is dedicated to fostering recreational athletics primarily in the sport of hockey and related activities. Their mission is to encourage and support children's participation in these activities, aiming to provide a enjoyable and enriching sports experience. Through their initiatives, they aim to inspire a love for hockey and related sports among the younger generation, fostering a sense of camaraderie and team spirit. The organization's activities are focused on promoting the sport of hockey and related activities, with the aim of providing children with opportunities to develop their skills and enjoy the benefits of physical activity.


Official website here: www.firewagonhockey.com

Who is the CEO of Fire Wagon Hockey Inc?

Daryl C Boyd is the President of Fire Wagon Hockey Inc.


Official website here: www.firewagonhockey.com

What is the revenue of Fire Wagon Hockey Inc?

Fire Wagon Hockey Inc's revenue in 2022 was $1,962,679.


Official website here: www.firewagonhockey.com

Who are the executives of Fire Wagon Hockey Inc and what are their salaries?

The average compensation at Fire Wagon Hockey Inc during 2022 was $18,208. There are 35 employees and 50 volunteers at Fire Wagon Hockey Inc.


Here are 6 key members and their salaries:


Daryl C Boyd (President)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Dave Lajb (Secretary)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Patrick Galley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick O'Brien (Executive Board Member)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Joseph Holtz (Vice President)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
David Lichterman (Controller)
  • Compensation: $102,613
  • Related: $0
  • Other: $0


Official website here: www.firewagonhockey.com

Where can I find the form 990 for Fire Wagon Hockey Inc?

Fire Wagon Hockey Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.firewagonhockey.com

Learn more at the official website: www.firewagonhockey.com

Mission Statement of Fire Wagon Hockey Inc

Fire Wagon Hockey Inc, as a nonprofit organization, is committed to promoting recreational athletics primarily in the sport of hockey and related activities. Their mission is to encourage children's participation in these activities, fostering a sense of teamwork, sportsmanship, and physical fitness. By focusing on hockey and related activities, Fire Wagon Hockey Inc aims to provide a fun and engaging environment for children to develop their skills and passion for sports.

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Impact




October, 2024

Fire Wagon Hockey Inc significantly impacts the community by promoting recreational athletics for children, primarily through the sport of ice hockey. By fostering a love for hockey and related activities, the organization encourages physical fitness, teamwork, and social interaction among young athletes. It provides an inclusive environment where kids can develop their skills, build confidence, and establish lifelong friendships. Operating in Crystal Lake, IL, Fire Wagon Hockey Inc not only enhances the local sports culture but also contributes to the overall well-being of children by engaging them in healthy, active lifestyles.




This information is meant to be a general summary of Fire Wagon Hockey 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.

Revenue
$1,962,679 (2022)
Expenses
$1,850,665 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $17,210
  • Program Service Revenue: $1,911,763
  • Gross Receipts: $1,962,679

Assets and Liabilities:

  • Total Assets: $6,996,975
  • Total Liabilities: $4,284,331
  • Net Assets: $2,712,644

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ICE ARENA REVENUE

Revenue

$1,126,619

YOUTH HOCKEY PROGRAM

Revenue

$764,529

SUPPORTING SERVICES

Revenue

$20,615

Organization Details

Founding Year

2005

Principal Officer

Daryl C Boyd

Main Address

320 E PRAIRIE ST, CRYSTAL LAKE, IL, 60014

NTEE Category

Code: N68 - Recreation

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