Is Ice Dogs Hockey Association Legit?

Quick charity verification for Ice Dogs Hockey Association (EIN: 205276105)

Verdict: Ice Dogs Hockey Association appears trustworthy

85/100Mission Score
$1.5MRevenue
$751KAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

The Ice Dogs Hockey Association demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. For instance, in 2023, the organization reported revenues of $890,668 against expenses of $853,547, indicating a modest surplus. While the latest reported revenue is $1,455,191, this figure likely represents a different reporting period or a specific event, as the most recent detailed filing (202306) shows lower figures. The organization's assets have shown steady growth, from $241,490 in 2014 to $760,365 in 2023, suggesting sound financial management and accumulation of resources. Liabilities have remained relatively low across most years, indicating a healthy balance sheet. The organization's spending efficiency appears reasonable, given the nature of youth sports associations. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment is challenging. However, the consistent operational surpluses in most years suggest that the organization is generally covering its costs. The absence of reported officer compensation across all filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive sign for donor confidence. Overall, the Ice Dogs Hockey Association appears to be a financially stable and responsibly managed entity, effectively utilizing its resources to support its programs.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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