Andover Hockey Association Inc
EIN: 237137015 · Andover, MA
| Metric | Value |
|---|---|
| Total Revenue | $971K |
| Total Expenses | $967K |
| Net Assets | $1.0M |
Is Andover Hockey Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Andover Hockey Association Inc
Andover Hockey Association Inc (EIN: 237137015) is a nonprofit organization based in Andover, MA. The organization reported total revenue of $971K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Andover Hockey Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Andover Hockey Association Inc is a small nonprofit that has been operating for 55 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $929K |
| Total Expenses | $967K |
| Surplus / Deficit | $-38,205 |
| Total Assets | $1.4M |
| Total Liabilities | $368K |
| Net Assets | $1.0M |
| Operating Margin | -4.1% |
| Debt-to-Asset Ratio | 26.4% |
| Months of Reserves | 17.3 months |
Financial Health Grade: B
In 2024, Andover Hockey Association Inc reported a deficit of $38K with expenses exceeding revenue, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 26.4% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Andover Hockey Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.1% | +7.2% | -6.2% |
| 2023 | +4.4% | +3.0% | +8.1% |
| 2022 | +11.7% | -9.0% | +1.0% |
| 2021 | +2.4% | +4.4% | +15.6% |
| 2020 | -12.4% | -2.7% | -20.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Andover Hockey Association Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Andover Hockey Association Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.4%.
Frequently Asked Questions about Andover Hockey Association Inc
Is Andover Hockey Association Inc a legitimate charity?
Andover Hockey Association Inc (EIN: 237137015) is a registered tax-exempt nonprofit based in Massachusetts. It has 14 years of IRS 990 filings on record. Total revenue: $971K. No red flags identified. Financial health grade: B.
How does Andover Hockey Association Inc spend its money?
Andover Hockey Association Inc reported $971K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Andover Hockey Association Inc tax-deductible?
Andover Hockey Association Inc is registered as a tax-exempt nonprofit (EIN: 237137015). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Andover Hockey Association Inc located?
Andover Hockey Association Inc is headquartered in Andover, Massachusetts and files with the IRS under EIN 237137015.
How many years of IRS 990 filings does Andover Hockey Association Inc have?
Andover Hockey Association Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $971K in total revenue.
Filing History
IRS 990 filing history for Andover Hockey Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Andover Hockey Association Inc's revenue has grown by 20.3%, moving from $772K to $929K. Total assets increased by 188.1% over the same period, from $484K to $1.4M. Total functional expenses rose by 32.1%, from $732K to $967K. In its most recent filing year (2024), Andover Hockey Association Inc reported a deficit of $38K, with expenses exceeding revenue. The organization holds $368K in liabilities against $1.4M in assets (debt-to-asset ratio: 26.4%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $929K | $967K | $1.4M | $368K | — | View 990 |
| 2023 | $969K | $902K | $1.5M | $421K | — | — |
| 2022 | $928K | $876K | $1.4M | $377K | — | View 990 |
| 2021 | $831K | $962K | $1.4M | $417K | — | — |
| 2020 | $811K | $922K | $1.2M | $102K | — | View 990 |
| 2019 | $926K | $947K | $1.5M | $296K | — | View 990 |
| 2018 | $904K | $862K | $1.6M | $343K | — | View 990 |
| 2017 | $1.1M | $864K | $1.5M | $325K | — | View 990 |
| 2016 | $978K | $807K | $1.3M | $311K | — | View 990 |
| 2015 | $1.0M | $835K | $1.1M | $312K | — | View 990 |
| 2014 | $974K | $804K | $933K | $309K | — | View 990 |
| 2013 | $901K | $804K | $789K | $336K | — | View 990 |
| 2012 | $866K | $732K | $627K | $271K | — | View 990 |
| 2011 | $772K | $732K | $484K | $263K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $929K, expenses of $967K, and assets of $1.4M (revenue -4.1% year-over-year).
- 2023: Revenue of $969K, expenses of $902K, and assets of $1.5M (revenue +4.4% year-over-year).
- 2022: Revenue of $928K, expenses of $876K, and assets of $1.4M (revenue +11.7% year-over-year).
- 2021: Revenue of $831K, expenses of $962K, and assets of $1.4M (revenue +2.4% year-over-year).
- 2020: Revenue of $811K, expenses of $922K, and assets of $1.2M (revenue -12.4% year-over-year).
- 2019: Revenue of $926K, expenses of $947K, and assets of $1.5M (revenue +2.4% year-over-year).
- 2018: Revenue of $904K, expenses of $862K, and assets of $1.6M (revenue -15.1% year-over-year).
- 2017: Revenue of $1.1M, expenses of $864K, and assets of $1.5M (revenue +8.9% year-over-year).
- 2016: Revenue of $978K, expenses of $807K, and assets of $1.3M (revenue -3.1% year-over-year).
- 2015: Revenue of $1.0M, expenses of $835K, and assets of $1.1M (revenue +3.6% year-over-year).
- 2014: Revenue of $974K, expenses of $804K, and assets of $933K (revenue +8.2% year-over-year).
- 2013: Revenue of $901K, expenses of $804K, and assets of $789K (revenue +4.0% year-over-year).
- 2012: Revenue of $866K, expenses of $732K, and assets of $627K (revenue +12.2% year-over-year).
- 2011: Revenue of $772K, expenses of $732K, and assets of $484K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Andover Hockey Association Inc:
Data Sources and Methodology
This transparency report for Andover Hockey Association Inc 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.