Overview
What is Sioux Falls Youth Hockey Association?
The Sioux Falls Youth Hockey Association, located in Sioux Falls, South Dakota, serves as a platform for providing youth hockey opportunities to children aged five to eighteen residing in the area. With a mission to inspire, motivate, and encourage athletic participation and overall health through ice sports, the association offers both recreational and competitive levels of hockey engagement. Their program, which has attracted 762 young participants during the current year, incorporates team instruction and competition to teach the sport of hockey. The association, managed by a team of 21 individuals, is based at PO Box 89214, Sioux Falls, SD 57109.
Official website here: www.siouxfallsflyers.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%
The Sioux Falls Youth Hockey Association has received a Two-Star out of Four Star rating, indicating a moderate level of accountability and finance management. The overall score is solely derived from its Accountability & Finance metrics, which reflects the organization's commitment to transparency and sound financial practices. However, the absence of certain policies, such as a conflict of interest policy and a whistleblower policy, has impacted its overall rating.
Strengths of the organization include a fully independent board, which is composed of 100% independent members. Additionally, the organization exhibits a strong program expense ratio of 93.39%, indicating that a significant portion of its resources is directed towards its programs. The lack of material diversion of assets and a favorable liabilities to assets ratio are also positive indicators of financial health.
On the downside, the missing policies related to conflict of interest and whistleblower protections suggest areas for improvement in governance and risk management. These gaps may raise concerns among stakeholders regarding the organization’s commitment to best practices in accountability. Overall, while the Sioux Falls Youth Hockey Association demonstrates a sound financial foundation, enhancing its governance policies could strengthen its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Sioux Falls Youth Hockey Association legitimate?
Sioux Falls Youth Hockey Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sioux Falls 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: $49,354
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,325
For more financial information, click here
Official website here: www.siouxfallsflyers.com
What is the mission statement of Sioux Falls Youth Hockey Association?
The Sioux Falls Youth Hockey Association's mission is centered around motivating, inspiring, and encouraging youth participation in ice sports, thereby promoting overall health. Their goal is achieved through providing a platform for youth hockey opportunities, catering to children aged five to eighteen. The association offers chances for recreational as well as competitive-level hockey, with instruction and competition playing a significant role in teaching the sport. During the current year, 762 youth actively participated in the association's hockey programs.
Official website here: www.siouxfallsflyers.com
What is the revenue of Sioux Falls Youth Hockey Association?
Sioux Falls Youth Hockey Association's revenue in 2024 was $918,508.
Official website here: www.siouxfallsflyers.com
Who are the executives of Sioux Falls Youth Hockey Association and what are their salaries?
The average compensation at Sioux Falls Youth Hockey Association during 2024 was $5,116. There are 23 employees and 660 volunteers at Sioux Falls Youth Hockey Association.
Here are 10 key members and their salaries:
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- Compensation: $48,062
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Official website here: www.siouxfallsflyers.com
Where can I find the form 990 for Sioux Falls Youth Hockey Association?
Sioux Falls Youth Hockey Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.siouxfallsflyers.com
Learn more at the official website: www.siouxfallsflyers.com
Mission Statement of Sioux Falls Youth Hockey Association
The Sioux Falls Youth Hockey Association, in its mission, strives to motivate, inspire, and encourage athletic participation and the promotion of good health among youth. This is achieved primarily through ice sports. By providing opportunities for children aged five to eighteen, the association encourages participation at both recreational and competitive levels. The sport of hockey is taught through team instruction and competition, fostering a sense of camaraderie and skill development. During the current year, an impressive 762 youth took part in the Sioux Falls Youth Hockey program, demonstrating the organization's impact and reach in promoting a healthy and active lifestyle.
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Impact
July, 2024
Sioux Falls Youth Hockey Association's impact is evident in its ability to motivate, inspire, and encourage athletic participation and good health through ice sports for the youth of Sioux Falls and the surrounding area. By providing hockey opportunities for children aged five through 18, the association has helped 762 youth participants in the current year alone. Through team instruction and competition, Sioux Falls Youth Hockey Association not only teaches the sport of hockey but also instills valuable life skills such as teamwork, discipline, and sportsmanship in its participants. It serves as a pillar in the community for promoting physical activity, healthy living, and personal growth among the youth.
This information is meant to be a general summary of Sioux Falls 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: $1,271
- Program Service Revenue: $720,840
- Gross Receipts: $1,216,047
Assets and Liabilities:
- Total Assets: $481,396
- Total Liabilities: $426
- Net Assets: $480,970
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM REVENUE
Revenue
$301,816
REGISTRATION FEES
Revenue
$208,057
TOURNAMENT REVENUE
Revenue
$115,896
SPONSORSHIPS
Revenue
$77,215
ADMISSION FEES
Revenue
$17,856
Organization Details
Founding Year
1995
Principal Officer
Chun Chan
Website
www.siouxfallsflyers.comNTEE Category
Code: Z99Z - Unknown
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