Overview
What is Fremont Ice Association?
The Fremont Ice Association is a public benefit corporation situated in Fremont, Nebraska. Their primary objective is to support and promote amateur ice skating activities and competitions, not only within the state but also on a national and international level. Over the years, they have achieved significant growth, with an increasing number of children participating in these activities and competitions. To broaden the scope, they initiated an introductory program, which has increased the exposure to the game and provided more children with an opportunity to participate.
Official website here: www.fremontflyers.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
The Fremont Ice Association has received a low rating of 52%, indicating significant concerns regarding its accountability and financial practices. Key deficiencies include having no independent board members and missing essential governance policies such as conflict of interest and whistleblower policies. These factors contribute to the organization’s overall low score in accountability.
On a positive note, the organization appears to effectively manage its resources, with a high program expense ratio of 95.67%. This suggests that the majority of its funds are directed towards its programs rather than administrative costs, which is a commendable aspect of its financial management. Additionally, the organization has demonstrated responsible handling of assets, with a zero liabilities to assets ratio.
However, the absence of essential financial statements and failure to document board meeting minutes raises concerns about transparency and governance. The lack of independent oversight and missing policies may undermine trust and accountability, which are critical for nonprofit organizations to secure donor confidence and community support.
This AI summary has been generated from information found on Charity Navigator.
Is Fremont Ice Association legitimate?
Fremont Ice Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fremont Ice Association 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:
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Official website here: www.fremontflyers.org
What is the mission statement of Fremont Ice Association?
The Fremont Ice Association serves as a public benefit corporation, dedicating its resources to promote and support amateur ice skating activities and competitions at both a local and international level. Its primary objective is to administer funds exclusively for fostering these activities. The organization's achievements include an increase in the number of children participating in ice skating and hockey activities and competitions. Additionally, they have initiated an introductory program, which has enhanced exposure to the hockey game and provided more children with the opportunity to play.
Official website here: www.fremontflyers.org
Who is the CEO of Fremont Ice Association?
Dan O'Malley is the President of Fremont Ice Association.
Official website here: www.fremontflyers.org
What is the revenue of Fremont Ice Association?
Fremont Ice Association's revenue in 2022 was $622,276.
Official website here: www.fremontflyers.org
Who are the executives of Fremont Ice Association and what are their salaries?
There 125 volunteers at Fremont Ice Association.
Here are 9 key members and their salaries:
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Official website here: www.fremontflyers.org
Where can I find the form 990 for Fremont Ice Association?
Fremont Ice Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fremontflyers.org
Learn more at the official website: www.fremontflyers.org
Mission Statement of Fremont Ice Association
The Fremont Ice Association, acting as a public benefit corporation, is dedicated to an exclusive purpose: fostering amateur ice skating activities and competitions both within Nebraska and on a national and international level. Their mission is to manage and distribute funds for this cause, aiming to increase the participation and exposure of children to these sports. Furthermore, the organization has implemented an introductory program, which has been instrumental in broadening the reach of hockey and providing more opportunities for children to engage in these activities.
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Impact
July, 2024
The impact of Fremont Ice Association has been significant in fostering amateur ice skating activities and competitions, particularly in the State of Nebraska. Their focus on increasing the number of children involved in amateur ice skating and hockey has led to a growth in participation. Additionally, the introduction of an introductory program has expanded the exposure to the hockey game, providing more children with the opportunity to play and develop their skills in ice sports. This initiative has not only benefited the local community in Fremont but also contributed to the overall promotion of ice skating as a recreational activity.
This information is meant to be a general summary of Fremont Ice Association. 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 2022.
- Program Service Revenue: $549,712
- Gross Receipts: $622,276
Assets and Liabilities:
- Total Assets: $305,953
- Total Liabilities: $0
- Net Assets: $305,953
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOCKEY TOURNAMENTS
Revenue
$549,712
Organization Details
Founding Year
2006
Phone
(402) 753-0200Principal Officer
Dan O'Malley
Main Address
1558 E MILITARY, FREMONT, NE, 68025
Website
www.fremontflyers.orgNTEE Category
Code: N68 - Recreation
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