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Federal Prospect Hockey Liague Inc

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

EIN: 822686648 ✦ Binghamton, NY ✦ Designated as a 501(c)(3)

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Overview

What is Federal Prospect Hockey Liague Inc?

Federal Prospect Hockey League Inc, based in Binghamton, New York, is a nonprofit organization dedicated to supporting and fostering the growth of aspiring hockey players. Their mission revolves around assisting athletes in progressing to higher-tier hockey leagues. Through their work, they contribute to the development of promising talent, helping them reach their full potential in the sport. The organization's location at 33 Victoria Drive, Binghamton, NY 13904, serves as a hub for their activities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Star rating

Federal Prospect Hockey League Inc has received a low score of 53%, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members, which raises questions about governance and oversight. Although it has not experienced material diversions of assets, the absence of key policies such as conflict of interest and whistleblower protections reflects poorly on its operational transparency.

On a more positive note, the organization demonstrates a strong program expense ratio of nearly 100%, suggesting that nearly all of its funds are allocated directly to its programs. This focus on program expenses can be seen as a strength in terms of fulfilling its mission. However, the lack of essential documentation and policies, such as a website listed on tax forms and financial disclosures, significantly detracts from the overall evaluation of the nonprofit's reliability and integrity.

Overall, while Federal Prospect Hockey League Inc appears to effectively channel its resources into its programs, the significant gaps in governance and policy framework are notable limitations. Stakeholders should consider these factors when evaluating the organization's trustworthiness and overall effectiveness.


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

Is Federal Prospect Hockey Liague Inc legitimate?

Federal Prospect Hockey Liague Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federal Prospect Hockey Liague Inc 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: $98,706

For more financial information, click here

What is the mission statement of Federal Prospect Hockey Liague Inc?

The Federal Prospect Hockey League Inc's mission is centered around developing and assisting hockey players with the goal of advancing them to higher hockey leagues. This organization actively works with players, providing them with the necessary support to help them secure positions in more prominent league teams. Their mission is focused on nurturing talent and fostering opportunities for growth within the hockey community.

Who is the CEO of Federal Prospect Hockey Liague Inc?

Donald Kirnan is the President of Federal Prospect Hockey Liague Inc.

What is the revenue of Federal Prospect Hockey Liague Inc?

Federal Prospect Hockey Liague Inc's revenue in 2023 was $123,418.

Who are the executives of Federal Prospect Hockey Liague Inc and what are their salaries?


Here are 3 key members and their salaries:


Barry Soskin (Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Richards (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Kirnan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Federal Prospect Hockey Liague Inc?

Federal Prospect Hockey Liague Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Federal Prospect Hockey Liague Inc

The Federal Prospect Hockey League Inc, in its mission, focuses on the development and assistance of hockey players aiming to progress to higher hockey leagues. This influential organization works closely with aspiring athletes to help them enhance their skills and ultimately secure positions in more advanced teams. By providing necessary support and guidance, the Federal Prospect Hockey League Inc plays a significant role in fostering the growth and success of promising hockey players.

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Impact




October, 2024

Federal Prospect Hockey League Inc plays a significant role in the development of hockey players, focusing on their advancement to higher leagues. By working closely with athletes, the organization provides training, resources, and support that enhances players’ skills and prepares them for the competitive nature of advanced hockey.

Located in Binghamton, NY, the league prioritizes the growth of individual players, helping them improve their game and gain the exposure necessary to move up the ranks. This initiative not only benefits the players by offering them opportunities to showcase their talents but also enriches the local hockey community by fostering a culture of excellence in sports. The commitment to player development ensures that aspiring hockey athletes have the guidance and mentorship they need to succeed at higher levels of the sport.




This information is meant to be a general summary of Federal Prospect Hockey Liague Inc. 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
$123,418 (2023)
Expenses
$121,480 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $123,418

Assets and Liabilities:

  • Total Assets: $21,218
  • Total Liabilities: $0
  • Net Assets: $21,218

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Organization Details

Founding Year

2017

Principal Officer

Donald Kirnan

Main Address

33 VICTORIA DRIVE, Binghamton, NY, 13904

NTEE Category

Code: N60 - Recreation

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