City Of Lakes Youth Hockey Assn
City Of Lakes Youth Hockey Assn operates with fluctuating revenues and expenses, maintaining a modest asset base and no officer compensation.
EIN: 10921279 · Minneapolis, MN · NTEE: N68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $276K |
| Total Expenses | $124K |
| Program Spending | 90% |
| Net Assets | $12K |
| Transparency Score | 85/100 |
Is City Of Lakes Youth Hockey Assn Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
City Of Lakes Youth Hockey Assn directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About City Of Lakes Youth Hockey Assn
City Of Lakes Youth Hockey Assn (EIN: 10921279) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code N68. The organization reported total revenue of $276K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of City Of Lakes Youth Hockey Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
City Of Lakes Youth Hockey Assn is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $109K |
| Total Expenses | $124K |
| Surplus / Deficit | $-14,831 |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | -13.6% |
| Months of Reserves | 1.2 months |
Financial Health Grade: C
In 2023, City Of Lakes Youth Hockey Assn reported a deficit of $15K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2018–2023), City Of Lakes Youth Hockey Assn's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +56.9% | +65.3% | -8.3% |
| 2022 | -0.8% | +36.3% | -29.0% |
| 2021 | -1.7% | -22.4% | +384.3% |
| 2020 | +21.4% | +5.4% | +8.8% |
| 2019 | -5.8% | +4.0% | -70.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates City Of Lakes Youth Hockey Assn 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: 90%
- fundraising: 0%
According to IRS 990 filings, City Of Lakes Youth Hockey Assn allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly efficient for an organization of its size.
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.
Strengths
The following positive indicators were identified for City Of Lakes Youth Hockey Assn:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Zero liabilities reported in recent years, demonstrating strong financial management and no debt burden.
- Modest but growing asset base, suggesting financial stability for a small organization.
- Expenses closely align with revenue, indicating direct application of funds to operations.
Frequently Asked Questions about City Of Lakes Youth Hockey Assn
Is City Of Lakes Youth Hockey Assn a legitimate charity?
Based on AI analysis of IRS 990 filings, City Of Lakes Youth Hockey Assn (EIN: 10921279) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does City Of Lakes Youth Hockey Assn spend its money?
City Of Lakes Youth Hockey Assn directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to City Of Lakes Youth Hockey Assn tax-deductible?
City Of Lakes Youth Hockey Assn is registered as a tax-exempt nonprofit (EIN: 10921279). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does City Of Lakes Youth Hockey Assn compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), City Of Lakes Youth Hockey Assn is above average for NTEE category N68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is City Of Lakes Youth Hockey Assn located?
City Of Lakes Youth Hockey Assn is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 10921279. It is classified under NTEE code N68.
How many years of IRS 990 filings does City Of Lakes Youth Hockey Assn have?
City Of Lakes Youth Hockey Assn has 6 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 $276K in total revenue.
Is City Of Lakes Youth Hockey Assn a good charity?
Based on the available data, City Of Lakes Youth Hockey Assn appears to be a well-managed small charity. It operates with a volunteer board (0% officer compensation), maintains low liabilities, and its expenses are directly related to its program activities, which is typical for a youth sports association.
How has the organization's revenue trended over the past few years?
Revenue has fluctuated, showing a significant increase from $69,377 in 2022 to $108,880 in 2023, after a period of relatively stable revenue around $60,000-$70,000 from 2018-2022.
Does the organization have significant debt?
No, the organization has reported $0 in liabilities for the past five consecutive filing periods (2019-2023), indicating a very healthy financial position regarding debt.
Filing History
IRS 990 filing history for City Of Lakes Youth Hockey Assn showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), City Of Lakes Youth Hockey Assn's revenue has grown by 75.1%, moving from $62K to $109K. Total assets increased by 0.7% over the same period, from $12K to $12K. Total functional expenses rose by 91.4%, from $65K to $124K. In its most recent filing year (2023), City Of Lakes Youth Hockey Assn reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $109K | $124K | $12K | $0 | — | View 990 |
| 2022 | $69K | $75K | $13K | $0 | — | View 990 |
| 2021 | $70K | $55K | $19K | $0 | — | View 990 |
| 2020 | $71K | $71K | $4K | $0 | — | View 990 |
| 2019 | $59K | $67K | $4K | $0 | — | View 990 |
| 2018 | $62K | $65K | $12K | $2K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $109K, expenses of $124K, and assets of $12K (revenue +56.9% year-over-year).
- 2022: Revenue of $69K, expenses of $75K, and assets of $13K (revenue -0.8% year-over-year).
- 2021: Revenue of $70K, expenses of $55K, and assets of $19K (revenue -1.7% year-over-year).
- 2020: Revenue of $71K, expenses of $71K, and assets of $4K (revenue +21.4% year-over-year).
- 2019: Revenue of $59K, expenses of $67K, and assets of $4K (revenue -5.8% year-over-year).
- 2018: Revenue of $62K, expenses of $65K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for City Of Lakes Youth Hockey Assn:
Data Sources and Methodology
This transparency report for City Of Lakes Youth 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.