Overview
What is Fargo Youth Hockey Association?
The Fargo Youth Hockey Association, situated in Fargo, North Dakota, serves as a supportive hub for young hockey enthusiasts. As a nonprofit organization, it sponsors various youth hockey teams and manages a dedicated youth ice arena within the city. This year, the association boasted an impressive number of 890 registered players, organized into 79 teams. With a mission to promote, develop, and administer a thriving youth hockey program, the Fargo Youth Hockey Association plays a significant role in fostering the love for the sport within the community.
Official website here: www.fargohockey.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
The Fargo Youth Hockey Association has received a One-Star rating from Charity Navigator, indicating some significant issues related to accountability and financial transparency. With an overall score of 54%, the organization demonstrates a strong commitment to independent governance, with 100% of its board members being independent. However, it falls short in several critical areas, particularly in financial reporting and policy documentation.
While the program expense ratio is commendable at 82.21%, signaling that a significant portion of its expenses goes towards programs, the lack of financial statements and missing key policies such as a conflict of interest policy, whistleblower policy, and document retention policy raise concerns. Additionally, the liabilities to assets ratio of 72.37% suggests potential financial instability.
In summary, while the Fargo Youth Hockey Association is led by an independent board and allocates funds primarily to its programs, the absence of essential financial disclosures and policies may hinder its overall effectiveness and credibility. Stakeholders should consider these factors when evaluating the organization's reliability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Fargo Youth Hockey Association legitimate?
Fargo Youth Hockey Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fargo Youth Hockey 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:
Executive Compensation: $104,255
Professional Fundraising Fees: $0
Other Salaries and Wages: $314,251
For more financial information, click here
Official website here: www.fargohockey.org
What is the mission statement of Fargo Youth Hockey Association?
The Fargo Youth Hockey Association's mission, as stated, is geared towards promoting, fostering, and managing a youth hockey program. This organization plays a crucial role in supporting local hockey teams and operating an ice arena for young players. Their primary objective is to develop and administer this youth hockey program, thereby providing a platform for the growth and enjoyment of the sport among the younger generation. The association had 890 registered players this year, with a total of 79 teams participating in their programs.
Official website here: www.fargohockey.org
Who is the CEO of Fargo Youth Hockey Association?
Jennifer Thompson is the President of Fargo Youth Hockey Association.
Official website here: www.fargohockey.org
What is the revenue of Fargo Youth Hockey Association?
Fargo Youth Hockey Association's revenue in 2022 was $1,819,619.
Official website here: www.fargohockey.org
Who are the executives of Fargo Youth Hockey Association and what are their salaries?
The average compensation at Fargo Youth Hockey Association during 2022 was $15,500. There are 27 employees and 500 volunteers at Fargo Youth Hockey Association.
Here are 20 key members and their salaries:
- Compensation: $100
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- Compensation: $1,685
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- Compensation: $250
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- Compensation: $1,000
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- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $250
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- Compensation: $250
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- Other: $0
- Compensation: $62,885
- Related: $0
- Other: $0
Official website here: www.fargohockey.org
Where can I find the form 990 for Fargo Youth Hockey Association?
Fargo Youth Hockey Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fargohockey.org
Learn more at the official website: www.fargohockey.org
Mission Statement of Fargo Youth Hockey Association
Fargo Youth Hockey Association, as a corporation, is committed to promoting, developing, and administering a youth hockey program. The organization's mission is multifaceted, aiming to support and sponsor young hockey players in their endeavors. By doing so, Fargo Youth Hockey Association contributes to fostering a thriving hockey community, providing opportunities for the youth to hone their skills and enjoy the sport. This year, the association saw a significant participation with 890 registered players and 79 teams, highlighting its success in fulfilling its mission.
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Impact
October, 2024
Fargo Youth Hockey Association significantly impacts the local community by providing a structured and supportive environment for youth sports. With 890 registered players across 79 teams, the association fosters a passion for hockey among young athletes in Fargo, North Dakota. By operating a youth ice arena, it serves as a central hub for training, competition, and community bonding.
The association's mission to promote, develop, and administer a youth hockey program benefits not only the players but also their families and the wider community. Participants learn essential life skills such as teamwork, discipline, and resilience, while parents and guardians engage in a vibrant community focused on supporting youth development through sports.
By facilitating access to organized hockey and creating opportunities for physical activity, the Fargo Youth Hockey Association plays a crucial role in enhancing the recreational landscape of the area, promoting a healthy, active lifestyle among youth, and building lasting friendships that extend beyond the rink.
This information is meant to be a general summary of Fargo Youth Hockey 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.
- Investment Income: $92
- Program Service Revenue: $1,375,888
- Gross Receipts: $1,852,020
Assets and Liabilities:
- Total Assets: $1,287,012
- Total Liabilities: $39,126
- Net Assets: $1,247,886
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tournament Fees
Revenue
$726,059
Program Fees
Revenue
$499,383
Ice Rental
Revenue
$75,565
Hockey Clinics & Camps
Revenue
$68,699
Organization Details
Founding Year
1988
Phone
(701) 235-4300Principal Officer
Jennifer Thompson
Main Address
831 17th Ave N, Fargo, ND, 58102
Website
www.fargohockey.orgNTEE Category
Code: N68 - Recreation
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