AI Transparency Report
Andover Huskies Youth Hockey Association demonstrates generally sound financial health, with recent filings showing consistent revenue growth and positive net assets. In the 202304 period, the organization reported revenues of $1,188,308 against expenses of $1,090,726, indicating a surplus. Its assets have also shown growth, reaching $783,804 in the latest filing, which is a healthy position relative to its liabilities of $5,201. The organization's NTEE code N68 (Amateur Sports) aligns with its mission, and the absence of officer compensation in all reported periods suggests a volunteer-driven leadership, which is a positive indicator for donor confidence and efficient use of funds.
Spending efficiency appears strong, particularly given the zero reported officer compensation. While a detailed functional expense breakdown (program, administrative, fundraising) isn't explicitly provided in the summary data, the overall financial picture suggests that the majority of funds are likely directed towards its youth hockey programs. The organization's consistent filing history (13 filings) also points to a commitment to transparency, making its financial data publicly accessible through IRS Form 990s. The significant jump in 'Latest Revenue' to $26,681,477 compared to the individual filing periods' revenues might indicate a different reporting scope or a one-time major event not detailed in the provided annual summaries, which would warrant further investigation for a complete financial picture.