Overview
What is Irvine Ice Foundation?
The Irvine Ice Foundation, also known as Great Park Ice, is a nonprofit organization based in Corona Del Mar, California. With a team of 224 employees, they operate an ice skating facility in Orange County, providing cultural and educational programs on ice hockey, skating, and related sports for grammar school, high school, college students, and the general public. Their mission is to contribute to the physical, social, mental, and spiritual well-being of young people through charitable activities and the maintenance of services and facilities. Irvine Ice Foundation offers various hockey programs for different skill levels, including Anaheim Jr Ducks, Anaheim Lady Ducks, and Anaheim Ducks High School Hockey League. They cater to beginners, intermediate, and elite players, as well as girls, aged 5 to 19 years old. The organization is dedicated to the development of players, with a high level of competition, regular training sessions, and travel for games and tournaments. They offer advanced training programs for more skilled players and provide the highest possible developmental and competitive learning experience for elite players, aiming to help them reach their future hockey goals.
Official website here: www.greatparkice.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
The Irvine Ice Foundation has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is based entirely on the Accountability & Finance category, indicating a strong emphasis on transparency and financial responsibility. The organization has demonstrated effective governance with 100% of its board members being independent and a comprehensive set of policies in place addressing conflict of interest and whistleblower protections.
The foundation's financial oversight is commendable, with a well-documented audit and oversight committee and a lack of material diversion of assets. Additionally, the organization maintains a good program expense ratio, which suggests that a significant portion of its resources is directed towards its mission. These strengths contribute positively to its overall accountability and financial health.
However, the foundation's liabilities to assets ratio stands at 64.86%, which may indicate potential concerns regarding its financial leverage. While the organization shows a commitment to accountability, it will be important for stakeholders to monitor its financial sustainability moving forward. Overall, the Irvine Ice Foundation appears to be a responsible and well-managed nonprofit, making strides in its mission while maintaining high standards of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Irvine Ice Foundation legitimate?
Irvine Ice Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Irvine Ice Foundation 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: $3,243,861
For more financial information, click here
Official website here: www.greatparkice.com
What is the mission statement of Irvine Ice Foundation?
The Irvine Ice Foundation dedicates itself to enriching Orange County with cultural and educational programs centered around ice hockey, skating, and related sports. This commitment extends to grammar school, high school, college students, and the general public through the operation of an ice skating facility. Additionally, the foundation focuses on the welfare of young people by engaging in charitable activities and maintaining services and facilities that foster their physical, social, mental, and spiritual health at minimal or no cost to them.
Official website here: www.greatparkice.com
Who is the CEO of Irvine Ice Foundation?
Aaron Teats is the President/Chairman of Irvine Ice Foundation.
Official website here: www.greatparkice.com
What is the revenue of Irvine Ice Foundation?
Irvine Ice Foundation's revenue in 2022 was $20,138,979.
Official website here: www.greatparkice.com
Who are the executives of Irvine Ice Foundation and what are their salaries?
The average compensation at Irvine Ice Foundation during 2022 was $14,482. There are 224 employees and 58 volunteers at Irvine Ice Foundation.
Here are 7 key members and their salaries:
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- Compensation: $115,568
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- Other: $9,611
Official website here: www.greatparkice.com
Where can I find the form 990 for Irvine Ice Foundation?
Irvine Ice Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greatparkice.com
Learn more at the official website: www.greatparkice.com
Mission Statement of Irvine Ice Foundation
The Irvine Ice Foundation, a renowned non-profit organization, is dedicated to enriching Orange County with cultural and educational programs centered around ice hockey, skating, and related sports. Through the operation of an ice skating facility, the Foundation offers instruction and opportunities for grammar school, high school, college students, and the general public.
In line with its mission, the Irvine Ice Foundation endeavors to enhance the lives of young people by conducting charitable activities and maintaining services and facilities that promote their physical, social, mental, and spiritual well-being. These offerings come at minimal cost or, in some instances, free of charge, ensuring that everyone can access and benefit from the programs. The Foundation's commitment to the community extends beyond sports, making a positive impact on the overall development and well-being of Orange County's youth.
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Impact
October, 2024
The Irvine Ice Foundation significantly enriches the cultural and educational landscape of Orange County by providing comprehensive instruction in ice hockey, ice skating, and related sports. Through its operation of an ice skating facility, it serves various age groups, from grammar school students to college attendees, ensuring accessibility to vital recreational activities.
The foundation's youth hockey programs, including teams such as the Anaheim Jr Ducks and Anaheim Lady Ducks, focus on developing players of all skill levels. These programs not only offer high-level competition but also emphasize skill development through structured training sessions and tournament opportunities. The foundation ensures that passionate young athletes experience growth in physical competence, teamwork, and sportsmanship, all within a supportive community.
Moreover, the Irvine Ice Foundation is particularly noted for its commitment to promoting women's hockey through the Lady Ducks, which stands out as a leading program in Southern California. With a track record of signing over 100 athletes to NCAA colleges at various levels, it plays a crucial role in advancing girls' participation in sports.
Additionally, the foundation supports mental and social development by conducting charitable activities aimed at maintaining services and facilities that positively impact the welfare of young people. Its inclusive approach allows participants access to programs at minimal or no cost, making physical activity and personal development resources available to a broad spectrum of the community.
Overall, the Irvine Ice Foundation fosters an environment where youth can excel in athletics while developing valuable life skills, contributing to their overall health and well-being.
This information is meant to be a general summary of Irvine Ice Foundation. 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: $711,520
- Program Service Revenue: $16,137,506
- Gross Receipts: $20,711,151
Assets and Liabilities:
- Total Assets: $111,002,499
- Total Liabilities: $72,006,613
- Net Assets: $38,995,886
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLUB TRAVEL HOCKEY
Revenue
$7,814,819
FIGURE SKATING
Revenue
$4,197,351
HOCKEY DUES AND FEES
Revenue
$4,125,336
Organization Details
Founding Year
2016
Phone
(949) 760-4300Principal Officer
Aaron Teats
Main Address
2101 EAST COAST HIGHWAY THIRD FLOOR, CORONA DEL MAR, CA, 92625
Website
www.greatparkice.comNTEE Category
Code: N31 - Recreation
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