Casco Bay Hockey Assn
EIN: 237331449 · Falmouth, ME · NTEE: N68Z
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $933K |
| Net Assets | $204K |
Is Casco Bay Hockey Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Casco Bay Hockey Assn
Casco Bay Hockey Assn (EIN: 237331449) is a nonprofit organization based in Falmouth, ME, classified under NTEE code N68Z. The organization reported total revenue of $1.2M and total assets of $359K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Casco Bay Hockey Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Casco Bay Hockey Assn is a mid-size nonprofit that has been operating for 52 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $845K |
| Total Expenses | $933K |
| Surplus / Deficit | $-88,342 |
| Total Assets | $334K |
| Total Liabilities | $129K |
| Net Assets | $204K |
| Operating Margin | -10.5% |
| Debt-to-Asset Ratio | 38.8% |
| Months of Reserves | 4.3 months |
Financial Health Grade: B
In 2022, Casco Bay Hockey Assn reported a deficit of $88K with expenses exceeding revenue, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 38.8% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Casco Bay Hockey Assn's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -19.2% | +5.9% | -5.2% |
| 2021 | +32.4% | -13.5% | +175.3% |
| 2020 | +4.8% | +69.3% | -64.1% |
| 2019 | +7.8% | -0.6% | +74.7% |
| 2018 | +10.2% | -5.0% | +85.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Casco Bay Hockey Assn 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 Casco Bay Hockey Assn 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $88K, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.8%.
Frequently Asked Questions about Casco Bay Hockey Assn
Is Casco Bay Hockey Assn a legitimate charity?
Casco Bay Hockey Assn (EIN: 237331449) is a registered tax-exempt nonprofit based in Maine. It has 12 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: B.
How does Casco Bay Hockey Assn spend its money?
Casco Bay Hockey Assn reported $1.2M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Casco Bay Hockey Assn tax-deductible?
Casco Bay Hockey Assn is registered as a tax-exempt nonprofit (EIN: 237331449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Casco Bay Hockey Assn located?
Casco Bay Hockey Assn is headquartered in Falmouth, Maine and files with the IRS under EIN 237331449. It is classified under NTEE code N68Z.
How many years of IRS 990 filings does Casco Bay Hockey Assn have?
Casco Bay Hockey Assn has 12 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Casco Bay Hockey Assn showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Casco Bay Hockey Assn's revenue has grown by 87.7%, moving from $450K to $845K. Total assets increased by 288% over the same period, from $86K to $334K. Total functional expenses rose by 111.6%, from $441K to $933K. In its most recent filing year (2022), Casco Bay Hockey Assn reported a deficit of $88K, with expenses exceeding revenue. The organization holds $129K in liabilities against $334K in assets (debt-to-asset ratio: 38.8%), resulting in net assets of $204K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $845K | $933K | $334K | $129K | — | View 990 |
| 2021 | $1.0M | $881K | $352K | $59K | — | View 990 |
| 2020 | $790K | $1.0M | $128K | $0 | — | View 990 |
| 2019 | $754K | $602K | $356K | $0 | — | View 990 |
| 2018 | $700K | $605K | $204K | $0 | — | View 990 |
| 2017 | $635K | $637K | $110K | $0 | — | View 990 |
| 2016 | $593K | $603K | $114K | $0 | — | View 990 |
| 2015 | $632K | $625K | $123K | $0 | — | View 990 |
| 2014 | $413K | $460K | $116K | $0 | — | View 990 |
| 2013 | $441K | $449K | $163K | $0 | — | View 990 |
| 2012 | $531K | $447K | $171K | $0 | — | View 990 |
| 2011 | $450K | $441K | $86K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $845K, expenses of $933K, and assets of $334K (revenue -19.2% year-over-year).
- 2021: Revenue of $1.0M, expenses of $881K, and assets of $352K (revenue +32.4% year-over-year).
- 2020: Revenue of $790K, expenses of $1.0M, and assets of $128K (revenue +4.8% year-over-year).
- 2019: Revenue of $754K, expenses of $602K, and assets of $356K (revenue +7.8% year-over-year).
- 2018: Revenue of $700K, expenses of $605K, and assets of $204K (revenue +10.2% year-over-year).
- 2017: Revenue of $635K, expenses of $637K, and assets of $110K (revenue +6.9% year-over-year).
- 2016: Revenue of $593K, expenses of $603K, and assets of $114K (revenue -6.1% year-over-year).
- 2015: Revenue of $632K, expenses of $625K, and assets of $123K (revenue +52.9% year-over-year).
- 2014: Revenue of $413K, expenses of $460K, and assets of $116K (revenue -6.3% year-over-year).
- 2013: Revenue of $441K, expenses of $449K, and assets of $163K (revenue -17.0% year-over-year).
- 2012: Revenue of $531K, expenses of $447K, and assets of $171K (revenue +18.0% year-over-year).
- 2011: Revenue of $450K, expenses of $441K, and assets of $86K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Casco Bay Hockey Assn:
Data Sources and Methodology
This transparency report for Casco Bay Hockey Assn 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.