Quick charity verification for Hanover Hockey Association Inc (EIN: 20275887)
Verdict: Hanover Hockey Association Inc appears trustworthy
75/100Mission Score
$347KRevenue
$200KAssets
1Red Flags
4Strengths
Red Flags
Frequent operating deficits (expenses exceeding revenue), as seen in 7 out of 10 reported periods, including 202303 where expenses were $344,180 and revenue was $283,118.
Strengths
Consistent filing of IRS 990s, demonstrating good transparency.
No reported officer compensation, indicating a volunteer-driven leadership and efficient use of funds.
Assets consistently exceed liabilities, showing a healthy balance sheet (e.g., 202303 assets $112,197 vs. liabilities $19,788).
Long operational history with consistent activity levels.
Spending Breakdown
How Hanover Hockey Association Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Hanover Hockey Association Inc
Is Hanover Hockey Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hanover Hockey Association Inc (EIN: 20275887) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
Is Hanover Hockey Association Inc a good charity to donate to?
Hanover Hockey Association Inc has a Mission Score of 75/100. Revenue: $347K. Assets: $200K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hanover Hockey Association Inc?
The Employer Identification Number (EIN) for Hanover Hockey Association Inc is 20275887. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Hanover Hockey Association Inc spend its money?
Hanover Hockey Association Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hanover Hockey Association Inc's tax-exempt status?
You can verify Hanover Hockey Association Inc's tax-exempt status using EIN 20275887 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Hanover Hockey Association Inc. demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. The organization's financial health appears stable, with assets consistently exceeding liabilities, indicating a sound balance sheet. For example, in the 202303 period, assets were $112,197 against liabilities of $19,788. However, the organization has frequently operated with expenses exceeding revenue, as seen in the 202303 period where expenses ($344,180) surpassed revenue ($283,118), leading to a net deficit for that year. This trend of spending more than it takes in, while not always significant, warrants monitoring to ensure long-term sustainability.
The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership, which can contribute to lower administrative overhead. The organization's transparency is good in terms of filing its IRS 990s consistently, providing a clear history of its financial operations. The lack of reported officer compensation is a positive indicator for donor confidence regarding executive pay.