Greater Waterville Area Youth Hockey
Greater Waterville Area Youth Hockey maintains stable assets despite fluctuating revenue, with no officer compensation.
EIN: 201036806 · Waterville, ME · NTEE: N68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $30K |
| Total Expenses | $16K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $250,000. |
| Net Assets | $253K |
| Transparency Score | 92/100 |
Is Greater Waterville Area Youth Hockey Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Waterville Area Youth Hockey directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Waterville Area Youth Hockey
Greater Waterville Area Youth Hockey (EIN: 201036806) is a nonprofit organization based in Waterville, ME, classified under NTEE code N68. The organization reported total revenue of $30K and total assets of $259K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Waterville Area Youth Hockey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Waterville Area Youth Hockey is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -8.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $16K |
| Surplus / Deficit | +$15K |
| Total Assets | $259K |
| Total Liabilities | $6K |
| Net Assets | $253K |
| Operating Margin | 48.5% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 198.4 months |
Financial Health Grade: A
In 2024, Greater Waterville Area Youth Hockey reported a surplus of $15K with revenue exceeding expenses, holds 198.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Greater Waterville Area Youth Hockey's revenue has declined at a compound annual growth rate (CAGR) of -8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +85.8% | -5.5% | +6.0% |
| 2023 | -49.4% | -53.6% | -0.1% |
| 2022 | -54.5% | -15.0% | -1.3% |
| 2021 | +15.6% | -21.1% | +7.7% |
| 2020 | +1.8% | -25.6% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Greater Waterville Area Youth Hockey with a Mission Score of 92 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, Greater Waterville Area Youth Hockey 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with assets over $250,000.
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.
Red Flags
The following concerns were identified during AI analysis of Greater Waterville Area Youth Hockey's IRS 990 filings:
- Significant year-over-year revenue fluctuations, from $136,009 in 2016 to $30,404 in 2024, could pose budgeting challenges.
Strengths
The following positive indicators were identified for Greater Waterville Area Youth Hockey:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership and direct program focus.
- Healthy and growing asset base, reaching $259,034 in 2024, providing financial stability.
- Low liabilities ($6,049 in 2024) relative to assets, demonstrating strong financial health.
- Efficient expense management, often resulting in a surplus or minimal deficit even with revenue fluctuations.
- Strong program spending focus, as implied by the absence of officer compensation and low administrative overhead.
Frequently Asked Questions about Greater Waterville Area Youth Hockey
Is Greater Waterville Area Youth Hockey a legitimate charity?
Greater Waterville Area Youth Hockey (EIN: 201036806) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $30K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Greater Waterville Area Youth Hockey spend its money?
Greater Waterville Area Youth Hockey directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Greater Waterville Area Youth Hockey tax-deductible?
Greater Waterville Area Youth Hockey is registered as a tax-exempt nonprofit (EIN: 201036806). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Greater Waterville Area Youth Hockey CEO make?
Greater Waterville Area Youth Hockey's highest-compensated officer earns $250,000. annually. The organization reported $30K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Greater Waterville Area Youth Hockey compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Greater Waterville Area Youth Hockey 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 Greater Waterville Area Youth Hockey located?
Greater Waterville Area Youth Hockey is headquartered in Waterville, Maine and files with the IRS under EIN 201036806. It is classified under NTEE code N68.
How many years of IRS 990 filings does Greater Waterville Area Youth Hockey have?
Greater Waterville Area Youth Hockey 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 $30K in total revenue.
Is Greater Waterville Area Youth Hockey a good charity?
Based on the available data, Greater Waterville Area Youth Hockey appears to be a well-managed organization. It consistently reports 0% officer compensation, maintains healthy assets ($259,034 in 2024) relative to its revenue, and has low liabilities, suggesting efficient use of resources and strong financial stewardship.
How does the organization manage its expenses given fluctuating revenue?
The organization demonstrates good expense management. For example, in 2024, with revenue at $30,404, expenses were kept at $15,667, resulting in a surplus. Even in years with lower revenue, like 2023 ($16,366 revenue, $16,582 expenses), expenses were closely aligned, preventing significant deficits.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend over the past decade, growing from $161,441 in 2015 to $259,034 in 2024, indicating sound financial management and accumulation of resources.
Filing History
IRS 990 filing history for Greater Waterville Area Youth Hockey showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Greater Waterville Area Youth Hockey's revenue has declined by 67.1%, moving from $92K to $30K. Total assets increased by 119.2% over the same period, from $118K to $259K. Total functional expenses fell by 81%, from $82K to $16K. In its most recent filing year (2024), Greater Waterville Area Youth Hockey reported a surplus of $15K, with revenue exceeding expenses. The organization holds $6K in liabilities against $259K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $253K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $30K | $16K | $259K | $6K | — | — |
| 2023 | $16K | $17K | $244K | $6K | — | — |
| 2022 | $32K | $36K | $245K | $6K | — | — |
| 2021 | $71K | $42K | $248K | $6K | — | — |
| 2020 | $61K | $53K | $230K | $17K | — | — |
| 2019 | $60K | $72K | $209K | $6K | — | View 990 |
| 2018 | $67K | $70K | $220K | $6K | — | View 990 |
| 2017 | $93K | $77K | $233K | $16K | — | View 990 |
| 2016 | $136K | $87K | $218K | $17K | — | View 990 |
| 2015 | $77K | $74K | $161K | $10K | — | View 990 |
| 2014 | $80K | $69K | $163K | $13K | — | View 990 |
| 2013 | $132K | $105K | $145K | $6K | — | View 990 |
| 2012 | $92K | $82K | $118K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $30K, expenses of $16K, and assets of $259K (revenue +85.8% year-over-year).
- 2023: Revenue of $16K, expenses of $17K, and assets of $244K (revenue -49.4% year-over-year).
- 2022: Revenue of $32K, expenses of $36K, and assets of $245K (revenue -54.5% year-over-year).
- 2021: Revenue of $71K, expenses of $42K, and assets of $248K (revenue +15.6% year-over-year).
- 2020: Revenue of $61K, expenses of $53K, and assets of $230K (revenue +1.8% year-over-year).
- 2019: Revenue of $60K, expenses of $72K, and assets of $209K (revenue -9.6% year-over-year).
- 2018: Revenue of $67K, expenses of $70K, and assets of $220K (revenue -28.3% year-over-year).
- 2017: Revenue of $93K, expenses of $77K, and assets of $233K (revenue -31.5% year-over-year).
- 2016: Revenue of $136K, expenses of $87K, and assets of $218K (revenue +77.6% year-over-year).
- 2015: Revenue of $77K, expenses of $74K, and assets of $161K (revenue -4.8% year-over-year).
- 2014: Revenue of $80K, expenses of $69K, and assets of $163K (revenue -39.0% year-over-year).
- 2013: Revenue of $132K, expenses of $105K, and assets of $145K (revenue +42.5% year-over-year).
- 2012: Revenue of $92K, expenses of $82K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Waterville Area Youth Hockey:
Data Sources and Methodology
This transparency report for Greater Waterville Area Youth Hockey 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.