Overview
What is Buffalo Youth Hockey Association?
The Buffalo Youth Hockey Association is a nonprofit organization situated in Buffalo, Minnesota. With a team of 25 dedicated individuals, their primary objective is to foster the development of ice hockey skills and sportsmanship among local youth. They achieve this by organizing, promoting, and sponsoring ice hockey programs, providing necessary facilities to encourage excellence. The association serves the youth within School District #877 and the surrounding areas, offering a platform where they can nurture their passion for the sport while upholding values of recreation and sportsmanship.
Official website here: www.buffalo.pucksystems
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Buffalo Youth Hockey Association has earned a solid Three-Star rating from Charity Navigator, reflecting an overall score of 84%. This indicates a commendable level of accountability and financial health, with notable strengths in board independence and financial oversight. The organization boasts a program expense ratio of 98.23%, suggesting that a significant majority of funds are directed towards its mission-driven activities.
However, there are notable weaknesses in the organization’s governance and transparency practices. Specifically, the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy raises concerns about internal controls. Additionally, the lack of publicly available tax documents on their website limits transparency for potential donors and stakeholders.
Overall, while the Buffalo Youth Hockey Association demonstrates strong financial management and a commitment to directing funds toward its programming, improvements in governance policies could enhance its accountability and credibility. Addressing these gaps would help strengthen donor trust and further the organization's mission.
This AI summary has been generated from information found on Charity Navigator.
Is Buffalo Youth Hockey Association legitimate?
Buffalo Youth Hockey Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo 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.
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Official website here: www.buffalo.pucksystems
What is the mission statement of Buffalo Youth Hockey Association?
The Buffalo Youth Hockey Association is dedicated to promoting, sponsoring, and providing facilities for ice hockey for the youth in its local area. Their mission is to organize a program that encourages recreation, sportsmanship, and excellence in ice hockey, with a focus on the youth within a specific school district. The association aims to foster a positive environment for the development of these young athletes, emphasizing teamwork, skill development, and a love for the sport.
Official website here: www.buffalo.pucksystems
What is the revenue of Buffalo Youth Hockey Association?
Buffalo Youth Hockey Association's revenue in 2024 was $1,025,426.
Official website here: www.buffalo.pucksystems
Who are the executives of Buffalo Youth Hockey Association and what are their salaries?
The average compensation at Buffalo Youth Hockey Association during 2024 was $7,069. There are 27 employees at Buffalo Youth Hockey Association.
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Official website here: www.buffalo.pucksystems
Where can I find the form 990 for Buffalo Youth Hockey Association?
Buffalo Youth Hockey Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.buffalo.pucksystems
Learn more at the official website: www.buffalo.pucksystems
Mission Statement of Buffalo Youth Hockey Association
The Buffalo Youth Hockey Association, abbreviated as BYHA, is committed to fostering the passion for ice hockey among the youth residing in Buffalo and its surrounding areas. Their primary mission is to sponsor, promote, and provide facilities for this popular winter sport. By doing so, they aim to instill values of recreation, sportsmanship, and excellence in the young participants. The BYHA organizes a program that is dedicated to nurturing the talents and skills of these young individuals, fostering a sense of camaraderie and teamwork within the hockey community.
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Impact
July, 2024
The Buffalo Youth Hockey Association has a significant impact on the youth of Buffalo and the surrounding areas by providing opportunities for recreation, sportsmanship, and excellence in ice hockey. Through their programs and facilities, they contribute to the physical, mental, and social development of young athletes, fostering a love for the sport and teaching important life skills such as teamwork and dedication. The association's mission to promote and support youth ice hockey in the community has a positive influence on the overall well-being and growth of the participants, both on and off the ice.
This information is meant to be a general summary of Buffalo 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 2024.
- Investment Income: $7,378
- Program Service Revenue: $507,490
- Gross Receipts: $14,455,405
Assets and Liabilities:
- Total Assets: $596,473
- Total Liabilities: $14,376
- Net Assets: $582,097
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ICE EQUIPMENT FEES
Revenue
$406,469
TOURNAMENT FEES
Revenue
$84,071
OTHER PROGRAM REVENUES
Revenue
$16,950
Organization Details
Founding Year
1974
Principal Officer
Mike Honsey
Website
www.buffalo.pucksystemsNTEE Category
Code: N68 - Recreation
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