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Farmington Youth Hockey Assoc

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

EIN: 411529207 ✦ Farmington, MN ✦ Designated as a 501(c)(3)

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Overview

What is Farmington Youth Hockey Assoc?

The Farmington Youth Hockey Association is a nonprofit organization, situated in Farmington, Minnesota. Established with a mission to organize and promote youth hockey activities, its primary goal is to foster the development of sportsmanship, teamwork, and individual achievement among young participants. With over 30 teams comprising both boys and girls, the association actively engages in youth hockey programs, encouraging positive growth and skill development. The organization, staffed by a team of eight individuals, is committed to providing a nurturing environment that supports the overall well-being and success of its members.


Official website here: www.farmingtonhockey.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Farmington Youth Hockey Association demonstrates a degree of financial health and accountability, there are areas needing improvement, particularly in governance practices.

The organization shows strong accountability features, with 94% of its board members being independent and a program expense ratio of 97.61%, suggesting that a significant portion of its expenses directly supports its mission. However, several key policies, including a conflict of interest policy and a whistleblower policy, are missing, which could raise concerns about transparency and ethical oversight.

While the lack of certain governance documents is a limitation, the absence of material diversion of assets and the presence of meeting minutes indicate some level of operational integrity. Overall, improvements in governance practices could enhance the organization's ratings and public trust.


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

Is Farmington Youth Hockey Assoc legitimate?

Farmington Youth Hockey Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farmington Youth Hockey Assoc 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.farmingtonhockey.org

What is the mission statement of Farmington Youth Hockey Assoc?

The Farmington Youth Hockey Association's mission is centered around organizing and promoting youth hockey activities for both girls and boys. Their primary objective is to foster the development of valuable traits such as sportsmanship, teamwork, and individual achievement within the sport of hockey. The association has successfully organized over 30 teams participating in these youth hockey programs, providing a platform for young players to grow and excel.


Official website here: www.farmingtonhockey.org

Who is the CEO of Farmington Youth Hockey Assoc?

Melissa Carey is the President of Farmington Youth Hockey Assoc.


Official website here: www.farmingtonhockey.org

What is the revenue of Farmington Youth Hockey Assoc?

Farmington Youth Hockey Assoc's revenue in 2022 was $1,211,086.


Official website here: www.farmingtonhockey.org

Who are the executives of Farmington Youth Hockey Assoc and what are their salaries?

There are 8 employees at Farmington Youth Hockey Assoc.


Here are 7 key members and their salaries:


Ryan Bjorkstrand (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Carey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Harrison (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Holmes (Gambling Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Kania (Gambling Man)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mattson (Web/Communic)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Soucy (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.farmingtonhockey.org

Where can I find the form 990 for Farmington Youth Hockey Assoc?

Farmington Youth Hockey Assoc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.farmingtonhockey.org

Learn more at the official website: www.farmingtonhockey.org

Mission Statement of Farmington Youth Hockey Assoc

Farmington Youth Hockey Association, abbreviated as FYHA, is committed to organizing and promoting youth hockey activities for both girls and boys. Their primary objective is to foster the growth of sportsmanship, teamwork, and individual achievement in the sport of hockey. By organizing numerous teams, FYHA provides an engaging platform for young participants to hone their skills and develop a sense of camaraderie on the ice. Their programs aim to instill values of fair play and teamwork, while encouraging each individual to reach their full potential in the sport.

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Impact




July, 2024

Farmington Youth Hockey Assoc's impact can be seen in the development of young girls and boys through their youth hockey programs. With over 30 teams participating in organized activities, the association fosters sportsmanship, teamwork, and individual achievement among its participants. By providing a platform for youth to engage in hockey, Farmington Youth Hockey Assoc contributes to the physical, social, and personal growth of the community's children.




This information is meant to be a general summary of Farmington Youth Hockey Assoc. 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
$1,211,086 (2022)
Expenses
$1,234,808 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $31
  • Program Service Revenue: $1,062,046
  • Gross Receipts: $14,666,246

Assets and Liabilities:

  • Total Assets: $488,358
  • Total Liabilities: $85,597
  • Net Assets: $402,761

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Programs

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

TEAM FEES

Revenue

$431,041

MEMBERSHIP DUES

Revenue

$299,705

REGISTRATION FEES

Revenue

$158,917

TOURNAMENT FEES

Revenue

$95,872

SPECIAL EVENTS

Revenue

$69,557

Organization Details

Founding Year

1981

Principal Officer

Melissa Carey

Main Address

PO BOX 223, FARMINGTON, MN, 55024

NTEE Category

Code: N60 - Recreation

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