Fairbanks Hockey Hall Of Fame Inc
Fairbanks Hockey Hall Of Fame maintains stable finances with low liabilities and no executive compensation.
EIN: 201276510 · Fairbanks, AK · NTEE: A20 · Updated: 2026-03-28
Is Fairbanks Hockey Hall Of Fame Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fairbanks Hockey Hall Of Fame Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fairbanks Hockey Hall Of Fame Inc
Fairbanks Hockey Hall Of Fame Inc (EIN: 201276510) is a nonprofit organization based in Fairbanks, AK, classified under NTEE code A20. The organization reported total revenue of $35K and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairbanks Hockey Hall Of Fame Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairbanks Hockey Hall Of Fame Inc is a micro nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $38K |
| Surplus / Deficit | $-5,777 |
| Total Assets | $101K |
| Total Liabilities | $2K |
| Net Assets | $99K |
| Operating Margin | -17.9% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 32.0 months |
Financial Health Grade: B
In 2023, Fairbanks Hockey Hall Of Fame Inc reported a deficit of $6K with expenses exceeding revenue, holds 32.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), Fairbanks Hockey Hall Of Fame Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.9% | +10.7% | -3.3% |
| 2022 | -30.4% | +0.6% | +1.9% |
| 2021 | +57.8% | +34.9% | +39.2% |
| 2018 | -14.4% | -45.0% | +13.7% |
| 2017 | -73.1% | -67.5% | -7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
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 Fairbanks Hockey Hall Of Fame Inc 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, Fairbanks Hockey Hall Of Fame Inc 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 $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization. This is highly efficient for an organization of its size, ensuring all funds are available for its mission.
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 Fairbanks Hockey Hall Of Fame Inc:
- Consistent asset growth, reaching over $100,000 in recent years (e.g., $101,434 in 202312).
- Extremely low liabilities, typically under $2,000, indicating strong financial health and minimal debt.
- 0% officer compensation across all filings, demonstrating a volunteer-driven model and high efficiency.
- Long history of IRS 990 filings (11 filings), indicating consistent compliance and transparency.
- Stable revenue and expense patterns, suggesting predictable operations for a small organization.
Frequently Asked Questions about Fairbanks Hockey Hall Of Fame Inc
Is Fairbanks Hockey Hall Of Fame Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fairbanks Hockey Hall Of Fame Inc (EIN: 201276510) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Fairbanks Hockey Hall Of Fame Inc spend its money?
Fairbanks Hockey Hall Of Fame Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fairbanks Hockey Hall Of Fame Inc tax-deductible?
Fairbanks Hockey Hall Of Fame Inc is registered as a tax-exempt nonprofit (EIN: 201276510). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Fairbanks Hockey Hall Of Fame Inc. fund its operations?
The organization primarily funds its operations through various revenue streams, with annual revenues typically ranging from $30,000 to $50,000, as seen in periods like 202312 ($32,246) and 202212 ($37,904). There was a notable spike in 201612 with revenue of $149,775, suggesting a successful fundraising event or grant that year.
Is the organization financially stable?
Yes, the organization appears financially stable. Its assets have consistently grown, reaching over $100,000 in recent years (e.g., $101,434 in 202312), while liabilities have remained very low, typically under $2,000. This indicates a strong balance sheet and minimal debt.
What is the trend in the organization's expenses?
Expenses have generally fluctuated in line with revenues, typically ranging from $20,000 to $40,000 annually. For example, expenses were $38,023 in 202312 and $34,360 in 202212. There was a higher expense year in 201612 at $141,798, corresponding to the higher revenue that year.
Filing History
IRS 990 filing history for Fairbanks Hockey Hall Of Fame Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Fairbanks Hockey Hall Of Fame Inc's revenue has grown by 79.8%, moving from $18K to $32K. Total assets increased by 481.2% over the same period, from $17K to $101K. Total functional expenses rose by 161.6%, from $15K to $38K. In its most recent filing year (2023), Fairbanks Hockey Hall Of Fame Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $2K in liabilities against $101K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $99K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $32K | $38K | $101K | $2K | — | View 990 |
| 2022 | $38K | $34K | $105K | $88 | — | View 990 |
| 2021 | $54K | $34K | $103K | $2K | — | View 990 |
| 2018 | $35K | $25K | $74K | $460 | — | View 990 |
| 2017 | $40K | $46K | $65K | $773 | — | View 990 |
| 2016 | $150K | $142K | $70K | $402 | — | View 990 |
| 2014 | $30K | $21K | $49K | $0 | — | View 990 |
| 2013 | $31K | $32K | $40K | $0 | — | View 990 |
| 2012 | $35K | $23K | $41K | $0 | — | View 990 |
| 2011 | $45K | $33K | $29K | $0 | — | View 990 |
| 2010 | $18K | $15K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $32K, expenses of $38K, and assets of $101K (revenue -14.9% year-over-year).
- 2022: Revenue of $38K, expenses of $34K, and assets of $105K (revenue -30.4% year-over-year).
- 2021: Revenue of $54K, expenses of $34K, and assets of $103K (revenue +57.8% year-over-year).
- 2018: Revenue of $35K, expenses of $25K, and assets of $74K (revenue -14.4% year-over-year).
- 2017: Revenue of $40K, expenses of $46K, and assets of $65K (revenue -73.1% year-over-year).
- 2016: Revenue of $150K, expenses of $142K, and assets of $70K (revenue +404.5% year-over-year).
- 2014: Revenue of $30K, expenses of $21K, and assets of $49K (revenue -4.5% year-over-year).
- 2013: Revenue of $31K, expenses of $32K, and assets of $40K (revenue -11.5% year-over-year).
- 2012: Revenue of $35K, expenses of $23K, and assets of $41K (revenue -22.2% year-over-year).
- 2011: Revenue of $45K, expenses of $33K, and assets of $29K (revenue +151.6% year-over-year).
- 2010: Revenue of $18K, expenses of $15K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairbanks Hockey Hall Of Fame Inc:
Data Sources and Methodology
This transparency report for Fairbanks Hockey Hall Of Fame 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.