Is Coon Rapids Youth Hockey Association Legit?

Coon Rapids Youth Hockey Association demonstrates consistent financial activity, with revenues and expenses generally balancing out over the past decade. For the 202306 period, the organization reported revenues of $459,288 against expenses of $453,048, indicating a slight surplus. Their assets have shown growth, reaching $234,237 in 2023, up from $201,681 in 2019, suggesting prudent management of resources. The organization's liabilities remain very low, at $2,454 in 2023, which is a positive indicator of financial stability and low debt burden. The organization's NTEE code N50 (Youth Sports) aligns well with its name and presumed mission. A significant strength is the consistent reporting of 0% officer compensation across all available filings, which suggests that leadership is volunteer-based, maximizing funds available for programs. While specific program spending percentages are not detailed in the provided data, the absence of executive compensation strongly implies a high proportion of expenses are directed towards its mission. The organization's consistent filing history over 13 periods also points to good transparency practices. Overall, Coon Rapids Youth Hockey Association appears to be a financially stable and efficiently run organization, with a strong commitment to its mission, as evidenced by its low liabilities, growing assets, and lack of paid executive compensation. The consistent revenue and expense figures suggest a well-managed operational budget year over year.