Overview
What is Loyola Academy Hockey Club Inc C/O Jai Khanna?
Loyola Academy Hockey Club Inc C/O Jai Khanna is a nonprofit organization primarily dedicated to organizing and funding scholastic hockey programs for students attending Loyola Academy High School. The club arranges coaching and refereeing services, secures ice arenas for practice and competitions, supplies athletic equipment to its participants, and supports various competitions and tournaments. By offering these resources, the club aims to foster a thriving hockey community among Loyola Academy students. The club's headquarters are situated at 1100 LARAMIE, Wilmette, IL 60091.
Official website here: www.loyolahockey.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Loyola Academy Hockey Club Inc has earned a solid Three-Star rating from Charity Navigator, indicating a reasonably strong performance in accountability and finance. The charity's overall score is derived entirely from its accountability metrics, which highlights its commitment to transparency and responsible financial management. An impressive 100% of its board members are independent, which enhances governance and oversight.
The organization exhibits strong financial health, with a liabilities to assets ratio of 0.00%, showcasing no debt and a stable financial position. Furthermore, it allocates 100% of its expenses directly to programs, which signifies that all funds are effectively utilized for its mission, rather than administrative costs. This commitment to program expenditures reflects a responsible use of donations, enhancing donor confidence.
While the organization has demonstrated excellent policies in place, such as a conflict of interest policy and a whistleblower policy, the overall rating indicates room for improvement in specific areas beyond accountability. Continued focus on these aspects could enhance its reputation and financial health even further.
This AI summary has been generated from information found on Charity Navigator.
Is Loyola Academy Hockey Club Inc C/O Jai Khanna legitimate?
Loyola Academy Hockey Club Inc C/O Jai Khanna is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loyola Academy Hockey Club Inc C/O Jai Khanna 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.loyolahockey.org
What is the mission statement of Loyola Academy Hockey Club Inc C/O Jai Khanna?
The Loyola Academy Hockey Club Inc's primary mission is to offer hockey programs for students attending Loyola Academy High School. This is achieved by meticulously planning, directing, and financing scholastic hockey initiatives for these students. The club secures coaching and refereeing services, arranges ice arenas for practice and competition, provides athletic equipment to the players, and organizes and supports competitions and tournaments. Overall, the club's primary goal is to foster a thriving hockey environment for students from Loyola Academy High School.
Official website here: www.loyolahockey.org
Who is the CEO of Loyola Academy Hockey Club Inc C/O Jai Khanna?
Jai Khanna is the President of Loyola Academy Hockey Club Inc C/O Jai Khanna.
Official website here: www.loyolahockey.org
What is the revenue of Loyola Academy Hockey Club Inc C/O Jai Khanna?
Loyola Academy Hockey Club Inc C/O Jai Khanna's revenue in 2022 was $675,051.
Official website here: www.loyolahockey.org
Who are the executives of Loyola Academy Hockey Club Inc C/O Jai Khanna and what are their salaries?
There 80 volunteers at Loyola Academy Hockey Club Inc C/O Jai Khanna.
Here are 18 key members and their salaries:
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Official website here: www.loyolahockey.org
Where can I find the form 990 for Loyola Academy Hockey Club Inc C/O Jai Khanna?
Loyola Academy Hockey Club Inc C/O Jai Khanna's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.loyolahockey.org
Learn more at the official website: www.loyolahockey.org
Mission Statement of Loyola Academy Hockey Club Inc C/O Jai Khanna
Loyola Academy Hockey Club Inc C/O Jai Khanna is dedicated to providing hockey programs for students from Loyola Academy High School. The organization plays a significant role in planning, directing, and financing scholastic hockey initiatives for these students. By securing coaching and refereeing services, providing ice arenas for practice and competition, supplying athletic equipment to athletes, and organizing and supporting competitions and tournaments, Loyola Academy Hockey Club Inc C/O Jai Khanna ensures that the students have access to a comprehensive and enriching hockey experience. The club's mission is to foster a love for the sport and help students develop essential teamwork, discipline, and sportsmanship skills.
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Impact
July, 2024
The impact of Loyola Academy Hockey Club Inc, C/O Jai Khanna, is significant in providing hockey programs for students from Loyola Academy High School. The club plans, directs, and finances scholastic hockey programs for these students, obtaining coaching and refereeing services, providing ice arenas for practice and competition, offering athletic equipment to athletes, and organizing and supporting competitions and tournaments. This organization plays a crucial role in fostering the development of young athletes in the sport of hockey and promoting a sense of community and camaraderie among the students involved.
This information is meant to be a general summary of Loyola Academy Hockey Club Inc C/O Jai Khanna. 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.
- Investment Income: $7
- Program Service Revenue: $676,685
- Gross Receipts: $695,464
Assets and Liabilities:
- Total Assets: $118,716
- Total Liabilities: $0
- Net Assets: $118,716
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLUB HOCKEY TEAM DUES
Revenue
$676,685
Organization Details
Founding Year
1981
Phone
(312) 286-1800Principal Officer
Jai Khanna
Main Address
1100 LARAMIE, WILMETTE, IL, 60091
Website
www.loyolahockey.orgNTEE Category
Code: N68 - Recreation
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