Hampton Roads Youth Hockey Asso Inc
EIN: 510248498 · Virginia Bch, VA · NTEE: N68Z
| Metric | Value |
|---|---|
| Total Revenue | $407K |
| Total Expenses | $181K |
| Net Assets | $84K |
Is Hampton Roads Youth Hockey Asso Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hampton Roads Youth Hockey Asso Inc
Hampton Roads Youth Hockey Asso Inc (EIN: 510248498) is a nonprofit organization based in Virginia Bch, VA, classified under NTEE code N68Z. The organization reported total revenue of $407K and total assets of $856K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hampton Roads Youth Hockey Asso Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hampton Roads Youth Hockey Asso Inc is a small nonprofit that has been operating for 46 years, with 12 years of IRS 990 filings on record (2011–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $292K |
| Total Expenses | $181K |
| Surplus / Deficit | +$110K |
| Total Assets | $689K |
| Total Liabilities | $605K |
| Net Assets | $84K |
| Operating Margin | 37.9% |
| Debt-to-Asset Ratio | 87.8% |
| Months of Reserves | 45.6 months |
Financial Health Grade: A
In 2024, Hampton Roads Youth Hockey Asso Inc reported a surplus of $110K with revenue exceeding expenses, holds 45.6 months of operating reserves (strong position), has a debt-to-asset ratio of 87.8% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +16.4% | -17.0% | +0.9% |
| 2023 | -1.5% | +7.6% | -20.5% |
| 2022 | +23.4% | +84.6% | +4.0% |
| 2021 | +26.8% | -1.7% | +15.4% |
| 2019 | +50.7% | -14.5% | -7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hampton Roads Youth Hockey Asso Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hampton Roads Youth Hockey Asso Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $110K, with revenue exceeding expenses.
- Debt-to-asset ratio: 87.8%.
Frequently Asked Questions about Hampton Roads Youth Hockey Asso Inc
Is Hampton Roads Youth Hockey Asso Inc a legitimate charity?
Hampton Roads Youth Hockey Asso Inc (EIN: 510248498) is a registered tax-exempt nonprofit based in Virginia. It has 12 years of IRS 990 filings on record. Total revenue: $407K. No red flags identified. Financial health grade: A.
How does Hampton Roads Youth Hockey Asso Inc spend its money?
Hampton Roads Youth Hockey Asso Inc reported $407K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hampton Roads Youth Hockey Asso Inc tax-deductible?
Hampton Roads Youth Hockey Asso Inc is registered as a tax-exempt nonprofit (EIN: 510248498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hampton Roads Youth Hockey Asso Inc located?
Hampton Roads Youth Hockey Asso Inc is headquartered in Virginia Bch, Virginia and files with the IRS under EIN 510248498. It is classified under NTEE code N68Z.
How many years of IRS 990 filings does Hampton Roads Youth Hockey Asso Inc have?
Hampton Roads Youth Hockey Asso Inc has 12 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 $407K in total revenue.
Filing History
IRS 990 filing history for Hampton Roads Youth Hockey Asso Inc showing financial trends over 12 years of public records:
Total assets decreased by 16.2% over the same period, from $822K to $689K. Total functional expenses rose by 1785.4%, from $10K to $181K. In its most recent filing year (2024), Hampton Roads Youth Hockey Asso Inc reported a surplus of $110K, with revenue exceeding expenses. The organization holds $605K in liabilities against $689K in assets (debt-to-asset ratio: 87.8%), resulting in net assets of $84K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $292K | $181K | $689K | $605K | — | View 990 |
| 2023 | $251K | $218K | $682K | $709K | — | View 990 |
| 2022 | $254K | $203K | $859K | $917K | — | View 990 |
| 2021 | $206K | $110K | $826K | $936K | — | View 990 |
| 2019 | $162K | $112K | $716K | $941K | — | View 990 |
| 2017 | $108K | $131K | $772K | $1.1M | — | View 990 |
| 2016 | $100K | $123K | $795K | $1.1M | — | View 990 |
| 2015 | $109K | $100K | $827K | $1.1M | — | View 990 |
| 2014 | $107K | $110K | $867K | $1.1M | — | View 990 |
| 2013 | $73K | $94K | $879K | $1.1M | — | View 990 |
| 2012 | $88K | $88K | $793K | $1.0M | — | View 990 |
| 2011 | $-2,033 | $10K | $822K | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $292K, expenses of $181K, and assets of $689K (revenue +16.4% year-over-year).
- 2023: Revenue of $251K, expenses of $218K, and assets of $682K (revenue -1.5% year-over-year).
- 2022: Revenue of $254K, expenses of $203K, and assets of $859K (revenue +23.4% year-over-year).
- 2021: Revenue of $206K, expenses of $110K, and assets of $826K (revenue +26.8% year-over-year).
- 2019: Revenue of $162K, expenses of $112K, and assets of $716K (revenue +50.7% year-over-year).
- 2017: Revenue of $108K, expenses of $131K, and assets of $772K (revenue +7.7% year-over-year).
- 2016: Revenue of $100K, expenses of $123K, and assets of $795K (revenue -7.9% year-over-year).
- 2015: Revenue of $109K, expenses of $100K, and assets of $827K (revenue +1.4% year-over-year).
- 2014: Revenue of $107K, expenses of $110K, and assets of $867K (revenue +47.1% year-over-year).
- 2013: Revenue of $73K, expenses of $94K, and assets of $879K (revenue -17.5% year-over-year).
- 2012: Revenue of $88K, expenses of $88K, and assets of $793K.
- 2011: Revenue of $-2,033, expenses of $10K, and assets of $822K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hampton Roads Youth Hockey Asso Inc:
Data Sources and Methodology
This transparency report for Hampton Roads Youth Hockey Asso 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.