Greely Hockey Boosters Club

Greely Hockey Boosters Club maintains strong financial health with consistent surpluses and zero liabilities, driven by volunteer leadership.

EIN: 10539652 · Cumberland, ME · NTEE: B11 · Updated: 2026-03-28

$106KRevenue

$118KAssets

92/100Mission Score (Excellent)

B11

About Greely Hockey Boosters Club

Greely Hockey Boosters Club (EIN: 10539652) is a nonprofit organization based in Cumberland, ME, classified under NTEE code B11. The organization reported total revenue of $106K and total assets of $118K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greely Hockey Boosters Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Greely Hockey Boosters Club demonstrates consistent financial health with a stable revenue stream and healthy asset growth over the past several years. The organization consistently operates with a surplus, as seen in the latest filing period (202404) where revenue was $88,861 against expenses of $82,231, leading to an increase in assets to $117,761. Their liabilities consistently remain at $0, indicating strong financial management and no reliance on debt.

The organization's spending efficiency appears strong, particularly given that officer compensation is consistently reported as 0% across all available filings. This suggests that the organization is run by volunteers, maximizing the proportion of funds directly supporting its mission. While a detailed breakdown of program vs. administrative vs. fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a significant positive indicator of efficiency.

Transparency is high due to consistent IRS 990 filings and the clear reporting of financial metrics. The consistent growth in assets, from $71,957 in 2020 to $117,761 in 2024, further underscores a well-managed and financially stable operation. The organization's focus on its mission is likely strong given the volunteer-led structure.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Greely Hockey Boosters Club 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Greely Hockey Boosters Club allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that the organization is entirely volunteer-run. This is highly commendable for an organization of its size, ensuring that all funds are directed towards its mission rather than salaries.

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 Greely Hockey Boosters Club:

Consistent financial surpluses, such as $6,630 in 202404 ($88,861 revenue - $82,231 expenses).
Zero liabilities across all reported periods, indicating strong financial management and no debt.
100% volunteer-led with 0% officer compensation, maximizing funds for programs.
Steady growth in assets, from $71,957 in 2020 to $117,761 in 2024.
Consistent IRS 990 filings demonstrating transparency and compliance.

Frequently Asked Questions about Greely Hockey Boosters Club

Is Greely Hockey Boosters Club a good charity?

Based on the provided financial data, Greely Hockey Boosters Club appears to be a very good charity. It consistently operates with a surplus, has zero liabilities, and is run entirely by volunteers (0% officer compensation), maximizing the impact of donations.

How has the organization's financial health changed over time?

The organization has shown consistent financial growth and stability. Assets have steadily increased from $71,957 in 2020 to $117,761 in 2024, and it has maintained a positive net income in most recent years, with zero liabilities throughout the filing history.

What is the organization's approach to executive compensation?

Greely Hockey Boosters Club reports 0% officer compensation in all available filings, indicating that its leadership is entirely volunteer-based. This is a strong positive for donor confidence and operational efficiency.

Filing History

IRS 990 filing history for Greely Hockey Boosters Club showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Greely Hockey Boosters Club's revenue has grown by 19.5%, moving from $74K to $89K. Total assets increased by 29.2% over the same period, from $91K to $118K. Total functional expenses rose by 6.8%, from $77K to $82K. In its most recent filing year (2024), Greely Hockey Boosters Club reported a surplus of $7K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$89K	$82K	$118K	$0	—	—
2023	$75K	$55K	$111K	$0	—	—
2022	$80K	$66K	$91K	$0	—	View 990
2021	$27K	$22K	$77K	$0	—	View 990
2020	$72K	$68K	$72K	$0	—	View 990
2019	$68K	$82K	$69K	$0	—	—
2018	$67K	$77K	$83K	$0	—	View 990
2017	$71K	$73K	$93K	$0	—	View 990
2016	$67K	$71K	$95K	$0	—	View 990
2015	$63K	$67K	$99K	$0	—	View 990
2014	$70K	$67K	$104K	$0	—	View 990
2013	$79K	$69K	$101K	$0	—	View 990
2012	$74K	$77K	$91K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $89K, expenses of $82K, and assets of $118K (revenue +18.7% year-over-year).
2023: Revenue of $75K, expenses of $55K, and assets of $111K (revenue -6.0% year-over-year).
2022: Revenue of $80K, expenses of $66K, and assets of $91K (revenue +189.9% year-over-year).
2021: Revenue of $27K, expenses of $22K, and assets of $77K (revenue -61.6% year-over-year).
2020: Revenue of $72K, expenses of $68K, and assets of $72K (revenue +4.7% year-over-year).
2019: Revenue of $68K, expenses of $82K, and assets of $69K (revenue +1.7% year-over-year).
2018: Revenue of $67K, expenses of $77K, and assets of $83K (revenue -5.2% year-over-year).
2017: Revenue of $71K, expenses of $73K, and assets of $93K (revenue +5.5% year-over-year).
2016: Revenue of $67K, expenses of $71K, and assets of $95K (revenue +7.0% year-over-year).
2015: Revenue of $63K, expenses of $67K, and assets of $99K (revenue -10.0% year-over-year).
2014: Revenue of $70K, expenses of $67K, and assets of $104K (revenue -11.3% year-over-year).
2013: Revenue of $79K, expenses of $69K, and assets of $101K (revenue +5.7% year-over-year).
2012: Revenue of $74K, expenses of $77K, and assets of $91K.

Data Sources and Methodology

This transparency report for Greely Hockey Boosters Club 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.