Gorham Ice Hockey Boosters Association Inc
Gorham Ice Hockey Boosters consistently operates with volunteer leadership and zero debt.
EIN: 10477145 · Gorham, ME · NTEE: N68I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $87K |
| Program Spending | 95% |
| Net Assets | $74K |
| Transparency Score | 90/100 |
Is Gorham Ice Hockey Boosters Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gorham Ice Hockey Boosters Association Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gorham Ice Hockey Boosters Association Inc
Gorham Ice Hockey Boosters Association Inc (EIN: 10477145) is a nonprofit organization based in Gorham, ME, classified under NTEE code N68I. The organization reported total revenue of $60K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gorham Ice Hockey Boosters Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gorham Ice Hockey Boosters Association Inc is a micro nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $87K |
| Surplus / Deficit | $-85 |
| Total Assets | $74K |
| Net Assets | $74K |
| Operating Margin | -0.1% |
| Months of Reserves | 10.3 months |
Financial Health Grade: B
In 2024, Gorham Ice Hockey Boosters Association Inc reported a deficit of $85 with expenses exceeding revenue, holds 10.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Gorham Ice Hockey Boosters Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.6% | +20.0% | -5.5% |
| 2023 | -16.1% | -11.8% | +8.4% |
| 2022 | +100.9% | +168.4% | +18.9% |
| 2021 | -37.6% | -58.3% | +35.5% |
| 2020 | -6.4% | -6.7% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Gorham Ice Hockey Boosters Association Inc with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Gorham Ice Hockey Boosters Association Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $85, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that all officers and key employees serve on a volunteer basis, which is highly efficient for a nonprofit of this 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 Gorham Ice Hockey Boosters Association Inc:
- Consistent reporting of $0 liabilities, indicating strong financial management and no debt.
- 0% officer compensation across all filings, demonstrating a highly efficient, volunteer-led model.
- Stable and growing asset base, from $42,529 in 2018 to $74,237 in 2024.
- Long history of public filings (13 filings), indicating strong transparency.
- Expenses generally align closely with revenue, suggesting efficient use of funds for its mission.
Frequently Asked Questions about Gorham Ice Hockey Boosters Association Inc
Is Gorham Ice Hockey Boosters Association Inc a legitimate charity?
Gorham Ice Hockey Boosters Association Inc (EIN: 10477145) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $60K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Gorham Ice Hockey Boosters Association Inc spend its money?
Gorham Ice Hockey Boosters Association Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Gorham Ice Hockey Boosters Association Inc tax-deductible?
Gorham Ice Hockey Boosters Association Inc is registered as a tax-exempt nonprofit (EIN: 10477145). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Gorham Ice Hockey Boosters Association Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Gorham Ice Hockey Boosters Association Inc is above average for NTEE category N68I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gorham Ice Hockey Boosters Association Inc located?
Gorham Ice Hockey Boosters Association Inc is headquartered in Gorham, Maine and files with the IRS under EIN 10477145. It is classified under NTEE code N68I.
How many years of IRS 990 filings does Gorham Ice Hockey Boosters Association Inc have?
Gorham Ice Hockey Boosters Association Inc has 13 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 $60K in total revenue.
How does Gorham Ice Hockey Boosters Association Inc. fund its operations?
The organization primarily funds its operations through revenue generated, which has ranged from $46,420 to $93,270 annually over the past decade, likely from fundraising events, donations, and potentially membership fees or program charges.
What is the trend in the organization's assets?
The organization's assets have shown a positive trend, increasing from $42,529 in 2018 to $74,237 in 2024, indicating financial growth and stability.
Does the organization carry any debt?
No, the organization consistently reports $0 in liabilities across all available filings, indicating it operates without debt.
Filing History
IRS 990 filing history for Gorham Ice Hockey Boosters Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Gorham Ice Hockey Boosters Association Inc's revenue has grown by 19%, moving from $73K to $86K. Total assets increased by 184.6% over the same period, from $26K to $74K. Total functional expenses rose by 14.6%, from $76K to $87K. In its most recent filing year (2024), Gorham Ice Hockey Boosters Association Inc reported a deficit of $85, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $86K | $87K | $74K | $0 | — | — |
| 2023 | $78K | $72K | $79K | $0 | — | — |
| 2022 | $93K | $82K | $72K | $0 | — | View 990 |
| 2021 | $46K | $30K | $61K | $0 | — | View 990 |
| 2020 | $74K | $73K | $45K | $0 | — | View 990 |
| 2019 | $79K | $78K | $44K | $0 | — | View 990 |
| 2018 | $66K | $70K | $43K | $0 | — | — |
| 2017 | $63K | $67K | $47K | $0 | — | View 990 |
| 2016 | $62K | $62K | $51K | $0 | — | View 990 |
| 2015 | $53K | $49K | $50K | $0 | — | View 990 |
| 2014 | $66K | $61K | $46K | $0 | — | View 990 |
| 2013 | $55K | $40K | $41K | $0 | — | View 990 |
| 2012 | $73K | $76K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $86K, expenses of $87K, and assets of $74K (revenue +10.6% year-over-year).
- 2023: Revenue of $78K, expenses of $72K, and assets of $79K (revenue -16.1% year-over-year).
- 2022: Revenue of $93K, expenses of $82K, and assets of $72K (revenue +100.9% year-over-year).
- 2021: Revenue of $46K, expenses of $30K, and assets of $61K (revenue -37.6% year-over-year).
- 2020: Revenue of $74K, expenses of $73K, and assets of $45K (revenue -6.4% year-over-year).
- 2019: Revenue of $79K, expenses of $78K, and assets of $44K (revenue +20.9% year-over-year).
- 2018: Revenue of $66K, expenses of $70K, and assets of $43K (revenue +4.2% year-over-year).
- 2017: Revenue of $63K, expenses of $67K, and assets of $47K (revenue +1.3% year-over-year).
- 2016: Revenue of $62K, expenses of $62K, and assets of $51K (revenue +16.9% year-over-year).
- 2015: Revenue of $53K, expenses of $49K, and assets of $50K (revenue -19.5% year-over-year).
- 2014: Revenue of $66K, expenses of $61K, and assets of $46K (revenue +20.9% year-over-year).
- 2013: Revenue of $55K, expenses of $40K, and assets of $41K (revenue -24.7% year-over-year).
- 2012: Revenue of $73K, expenses of $76K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gorham Ice Hockey Boosters Association Inc:
Data Sources and Methodology
This transparency report for Gorham Ice Hockey Boosters 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.