Gulls Amateur Hockey Association
Gulls Amateur Hockey Association operates with fluctuating financial health, showing recent deficits and low asset reserves.
EIN: 113387970 · Jericho, NY · NTEE: N68 · Updated: 2026-03-28
Is Gulls Amateur Hockey Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gulls Amateur Hockey Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gulls Amateur Hockey Association
Gulls Amateur Hockey Association (EIN: 113387970) is a nonprofit organization based in Jericho, NY, classified under NTEE code N68. The organization reported total revenue of $2.0M and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gulls Amateur Hockey Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gulls Amateur Hockey Association with a Mission Score of 70 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Gulls Amateur Hockey Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, 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.
Red Flags
The following concerns were identified during AI analysis of Gulls Amateur Hockey Association's IRS 990 filings:
- Consistent deficits in recent years (202403, 202303), indicating spending exceeds revenue.
- Low asset base relative to annual revenue and liabilities, particularly in 202403 ($92,026 assets vs. $2,029,098 latest revenue).
- Liabilities frequently exceed assets, suggesting potential liquidity challenges or reliance on short-term funding.
Strengths
The following positive indicators were identified for Gulls Amateur Hockey Association:
- Zero reported officer compensation across all filings, indicating efficient use of funds for leadership.
- Long operational history with 14 IRS 990 filings, demonstrating consistent activity.
- Significant revenue generation, consistently over $1 million annually in recent years, showing strong community engagement or program demand.
Frequently Asked Questions about Gulls Amateur Hockey Association
Is Gulls Amateur Hockey Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Gulls Amateur Hockey Association (EIN: 113387970) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Gulls Amateur Hockey Association spend its money?
Gulls Amateur Hockey Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gulls Amateur Hockey Association tax-deductible?
Gulls Amateur Hockey Association is registered as a tax-exempt nonprofit (EIN: 113387970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Gulls Amateur Hockey Association financially sustainable given recent deficits?
The organization experienced a deficit of $254,808 in the 202403 period (Expenses $2,132,862 vs. Revenue $1,878,054) and also in 202303 and 201703. While they have had surplus years, the recurring deficits and low asset base ($92,026 in 202403) suggest potential sustainability challenges if this trend continues.
What is the reason for the significant fluctuation in assets and liabilities?
Assets have ranged from $1,867 (2017) to $523,982 (2023), and liabilities from $144,271 (2021) to $472,649 (2017). This volatility could be due to timing of revenue recognition, capital expenditures, or changes in deferred revenue/expenses related to hockey seasons, but without more detailed financial statements, the exact reasons are unclear.
How does the organization manage its liabilities, which often exceed assets?
In several periods, such as 202403 ($234,522 liabilities vs. $92,026 assets) and 201703 ($472,649 liabilities vs. $1,867 assets), liabilities significantly outweigh assets. This indicates a potential reliance on current liabilities or deferred revenue, which could pose liquidity risks if not managed carefully.
Filing History
IRS 990 filing history for Gulls Amateur Hockey Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Gulls Amateur Hockey Association's revenue has grown by 6.6%, moving from $1.8M to $1.9M. Total assets decreased by 66.8% over the same period, from $277K to $92K. Total functional expenses rose by 21.9%, from $1.8M to $2.1M. In its most recent filing year (2024), Gulls Amateur Hockey Association reported a deficit of $255K, with expenses exceeding revenue. The organization holds $235K in liabilities against $92K in assets (debt-to-asset ratio: 254.8%), resulting in net assets of $-142,496.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $1.9M | $2.1M | $92K | $235K | — | View 990 |
| 2023 | $1.9M | $2.1M | $524K | $412K | — | View 990 |
| 2022 | $2.2M | $2.0M | $478K | $200K | — | View 990 |
| 2021 | $1.4M | $1.4M | $259K | $144K | — | View 990 |
| 2020 | $1.6M | $1.4M | $250K | $146K | — | View 990 |
| 2019 | $1.5M | $1.3M | $194K | $293K | — | View 990 |
| 2018 | $1.4M | $1.1M | $226K | $449K | — | View 990 |
| 2017 | $926K | $1.1M | $2K | $473K | — | View 990 |
| 2016 | $1.4M | $1.5M | $83K | $403K | — | View 990 |
| 2015 | $1.1M | $1.2M | $130K | $348K | — | View 990 |
| 2014 | $736K | $884K | $13K | $120K | — | View 990 |
| 2013 | $1.1M | $1.1M | $69K | $29K | — | View 990 |
| 2012 | $1.5M | $1.5M | $148K | $0 | — | View 990 |
| 2011 | $1.8M | $1.8M | $277K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.9M, expenses of $2.1M, and assets of $92K (revenue -3.1% year-over-year).
- 2023: Revenue of $1.9M, expenses of $2.1M, and assets of $524K (revenue -10.5% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.0M, and assets of $478K (revenue +59.1% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $259K (revenue -13.4% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.4M, and assets of $250K (revenue +7.3% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.3M, and assets of $194K (revenue +5.2% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.1M, and assets of $226K (revenue +50.2% year-over-year).
- 2017: Revenue of $926K, expenses of $1.1M, and assets of $2K (revenue -32.6% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.5M, and assets of $83K (revenue +28.2% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.2M, and assets of $130K (revenue +45.7% year-over-year).
- 2014: Revenue of $736K, expenses of $884K, and assets of $13K (revenue -31.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $69K (revenue -26.9% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $148K (revenue -17.2% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.8M, and assets of $277K.
Data Sources and Methodology
This transparency report for Gulls Amateur Hockey Association 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.