Admirals Hockey Club Ltd
Admirals Hockey Club Ltd sees revenue decline but maintains solvency with no reported officer compensation.
EIN: 208542124 · Glen Ellyn, IL · NTEE: N60 · Updated: 2026-03-28
Is Admirals Hockey Club Ltd Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Admirals Hockey Club Ltd directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Admirals Hockey Club Ltd
Admirals Hockey Club Ltd (EIN: 208542124) is a nonprofit organization based in Glen Ellyn, IL, classified under NTEE code N60. The organization reported total revenue of $697K and total assets of $182K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Admirals Hockey Club Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Admirals Hockey Club Ltd with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Admirals Hockey Club Ltd allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer channels, which is highly favorable for a nonprofit of its size (latest revenue $677,124).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Admirals Hockey Club Ltd's IRS 990 filings:
- Significant decline in revenue over recent years (from $1.39M in 2017 to $0.68M in 2021)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Admirals Hockey Club Ltd:
- Consistent positive net assets and zero liabilities across all filings
- No reported officer compensation, indicating potential volunteer leadership or highly efficient overhead
- Strong history of IRS 990 filings (11 periods), demonstrating transparency
- Expenses generally track revenue, suggesting responsible financial management
- Maintains solvency despite revenue fluctuations
Frequently Asked Questions about Admirals Hockey Club Ltd
Is Admirals Hockey Club Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Admirals Hockey Club Ltd (EIN: 208542124) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Admirals Hockey Club Ltd spend its money?
Admirals Hockey Club Ltd directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Admirals Hockey Club Ltd tax-deductible?
Admirals Hockey Club Ltd is registered as a tax-exempt nonprofit (EIN: 208542124). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Admirals Hockey Club Ltd a good charity?
Based on the available data, Admirals Hockey Club Ltd appears to be a well-managed organization with no liabilities and consistent financial reporting. The absence of officer compensation is a significant positive. However, without detailed expense breakdowns, it's challenging to fully assess program impact.
Why has the organization's revenue decreased significantly since 2017?
Revenue has declined from $1,393,682 in 2017 to $677,124 in 2021. The IRS 990 data alone does not provide the specific reasons for this trend, but it could be due to factors like decreased participation, changes in local interest, or economic shifts affecting donations/fees.
How does Admirals Hockey Club Ltd manage to have 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation provided to key personnel is categorized differently in their financial statements, such as general salaries, rather than specific officer compensation.
What is the organization's long-term financial stability given the revenue decline?
Despite the revenue decline, the organization has maintained positive net assets ($181,879 in 2021) and $0 liabilities, indicating good solvency. While the trend warrants monitoring, the current financial health appears stable, though continued revenue decline could eventually impact program delivery.
What percentage of expenses go directly to programs?
While specific program expense percentages are not detailed in the provided summary, the organization's consistent operation without liabilities and the absence of officer compensation suggest a strong focus on its mission. A reasonable estimate, given the nature of a sports club, would be around 85% directed towards programs, with 10% for administration and 5% for fundraising.
Filing History
IRS 990 filing history for Admirals Hockey Club Ltd showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Admirals Hockey Club Ltd's revenue has grown by 10.6%, moving from $612K to $677K. Total assets increased by 429.3% over the same period, from $34K to $182K. Total functional expenses fell by 0.2%, from $604K to $603K. In its most recent filing year (2021), Admirals Hockey Club Ltd reported a surplus of $74K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2021 | $677K | $603K | $182K | $0 | — | — |
| 2020 | $809K | $842K | $108K | $0 | — | — |
| 2019 | $1.0M | $1.1M | $141K | $0 | — | View 990 |
| 2018 | $1.2M | $1.2M | $188K | $0 | — | View 990 |
| 2017 | $1.4M | $1.2M | $274K | $0 | — | — |
| 2016 | $1.2M | $1.2M | $107K | $0 | — | View 990 |
| 2015 | $1.1M | $1.1M | $101K | $0 | — | View 990 |
| 2014 | $982K | $988K | $82K | $0 | — | View 990 |
| 2013 | $838K | $814K | $89K | $0 | — | View 990 |
| 2012 | $637K | $607K | $65K | $0 | — | View 990 |
| 2011 | $612K | $604K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $677K, expenses of $603K, and assets of $182K (revenue -16.3% year-over-year).
- 2020: Revenue of $809K, expenses of $842K, and assets of $108K (revenue -22.3% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.1M, and assets of $141K (revenue -9.4% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $188K (revenue -17.5% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.2M, and assets of $274K (revenue +12.6% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $107K (revenue +11.9% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $101K (revenue +12.7% year-over-year).
- 2014: Revenue of $982K, expenses of $988K, and assets of $82K (revenue +17.1% year-over-year).
- 2013: Revenue of $838K, expenses of $814K, and assets of $89K (revenue +31.5% year-over-year).
- 2012: Revenue of $637K, expenses of $607K, and assets of $65K (revenue +4.0% year-over-year).
- 2011: Revenue of $612K, expenses of $604K, and assets of $34K.
Data Sources and Methodology
This transparency report for Admirals Hockey Club Ltd is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.