Hhk Sr Athletic Association Corp
Hhk Sr Athletic Association Corp maintains stable finances with volunteer leadership and growing assets.
EIN: 201263254 · Ho Ho Kus, NJ · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $194K |
| Total Expenses | $186K |
| Program Spending | 90% |
| Net Assets | $187K |
| Transparency Score | 92/100 |
Is Hhk Sr Athletic Association Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hhk Sr Athletic Association Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hhk Sr Athletic Association Corp
Hhk Sr Athletic Association Corp (EIN: 201263254) is a nonprofit organization based in Ho Ho Kus, NJ, classified under NTEE code N60. The organization reported total revenue of $194K and total assets of $204K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hhk Sr Athletic Association Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hhk Sr Athletic Association Corp is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $186K |
| Surplus / Deficit | $-4,209 |
| Total Assets | $187K |
| Total Liabilities | $27 |
| Net Assets | $187K |
| Operating Margin | -2.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 12.1 months |
Financial Health Grade: B
In 2023, Hhk Sr Athletic Association Corp reported a deficit of $4K with expenses exceeding revenue, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hhk Sr Athletic Association Corp's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.6% | +22.4% | -2.3% |
| 2022 | -29.6% | +4.9% | +4.5% |
| 2021 | +57.2% | +32.6% | +81.9% |
| 2020 | -39.8% | -48.4% | -37.0% |
| 2019 | +5.0% | -6.7% | +21.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Hhk Sr Athletic Association Corp 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Hhk Sr Athletic Association Corp allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its 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 Hhk Sr Athletic Association Corp's IRS 990 filings:
- Slight operating deficit in 2023 ($182,288 revenue vs. $186,497 expenses)
Strengths
The following positive indicators were identified for Hhk Sr Athletic Association Corp:
- Consistent 0% officer compensation
- Steady growth in assets over the past decade (from $107,177 in 2015 to $187,475 in 2023)
- Low to zero liabilities in most years
- Consistent IRS 990 filing history (13 filings) demonstrating transparency
- Stable revenue generation over time
Frequently Asked Questions about Hhk Sr Athletic Association Corp
Is Hhk Sr Athletic Association Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Hhk Sr Athletic Association Corp (EIN: 201263254) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Hhk Sr Athletic Association Corp spend its money?
Hhk Sr Athletic Association Corp directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hhk Sr Athletic Association Corp tax-deductible?
Hhk Sr Athletic Association Corp is registered as a tax-exempt nonprofit (EIN: 201263254). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hhk Sr Athletic Association Corp's spending goes to programs?
Hhk Sr Athletic Association Corp directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hhk Sr Athletic Association Corp compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Hhk Sr Athletic Association Corp is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hhk Sr Athletic Association Corp located?
Hhk Sr Athletic Association Corp is headquartered in Ho Ho Kus, New Jersey and files with the IRS under EIN 201263254. It is classified under NTEE code N60.
How many years of IRS 990 filings does Hhk Sr Athletic Association Corp have?
Hhk Sr Athletic Association Corp 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 $194K in total revenue.
Is Hhk Sr Athletic Association Corp a good charity?
Based on the available data, Hhk Sr Athletic Association Corp appears to be a good charity. It operates with volunteer leadership (0% officer compensation), maintains stable finances, and has consistently grown its assets over time, indicating responsible financial stewardship.
How has the organization's financial health changed over time?
The organization's financial health has remained stable, with assets growing from $107,177 in 2015 to $187,475 in 2023. While there are minor year-to-year fluctuations in revenue and expenses, the overall trend shows consistent operation and asset accumulation.
What is the organization's approach to executive compensation?
Hhk Sr Athletic Association Corp has a strong commitment to volunteerism, reporting 0% officer compensation in all available filings. This means no salaries are paid to its executive officers, maximizing funds available for its programs.
Filing History
IRS 990 filing history for Hhk Sr Athletic Association Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hhk Sr Athletic Association Corp's revenue has declined by 14.5%, moving from $213K to $182K. Total assets increased by 66.4% over the same period, from $113K to $187K. Total functional expenses fell by 12.4%, from $213K to $186K. In its most recent filing year (2023), Hhk Sr Athletic Association Corp reported a deficit of $4K, with expenses exceeding revenue. The organization holds $27 in liabilities against $187K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $187K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $182K | $186K | $187K | $27 | — | View 990 |
| 2022 | $160K | $152K | $192K | $224 | — | View 990 |
| 2021 | $228K | $145K | $184K | $0 | — | View 990 |
| 2020 | $145K | $110K | $101K | $0 | — | View 990 |
| 2019 | $241K | $212K | $160K | $0 | — | View 990 |
| 2018 | $229K | $228K | $132K | $0 | — | View 990 |
| 2017 | $232K | $220K | $130K | $0 | — | View 990 |
| 2016 | $248K | $237K | $118K | $0 | — | View 990 |
| 2015 | $236K | $242K | $107K | $0 | — | View 990 |
| 2014 | $223K | $236K | $113K | $0 | — | View 990 |
| 2013 | $233K | $225K | $127K | $0 | — | View 990 |
| 2012 | $214K | $207K | $119K | $0 | — | View 990 |
| 2011 | $213K | $213K | $113K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $182K, expenses of $186K, and assets of $187K (revenue +13.6% year-over-year).
- 2022: Revenue of $160K, expenses of $152K, and assets of $192K (revenue -29.6% year-over-year).
- 2021: Revenue of $228K, expenses of $145K, and assets of $184K (revenue +57.2% year-over-year).
- 2020: Revenue of $145K, expenses of $110K, and assets of $101K (revenue -39.8% year-over-year).
- 2019: Revenue of $241K, expenses of $212K, and assets of $160K (revenue +5.0% year-over-year).
- 2018: Revenue of $229K, expenses of $228K, and assets of $132K (revenue -1.3% year-over-year).
- 2017: Revenue of $232K, expenses of $220K, and assets of $130K (revenue -6.2% year-over-year).
- 2016: Revenue of $248K, expenses of $237K, and assets of $118K (revenue +4.9% year-over-year).
- 2015: Revenue of $236K, expenses of $242K, and assets of $107K (revenue +6.1% year-over-year).
- 2014: Revenue of $223K, expenses of $236K, and assets of $113K (revenue -4.5% year-over-year).
- 2013: Revenue of $233K, expenses of $225K, and assets of $127K (revenue +8.9% year-over-year).
- 2012: Revenue of $214K, expenses of $207K, and assets of $119K (revenue +0.5% year-over-year).
- 2011: Revenue of $213K, expenses of $213K, and assets of $113K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hhk Sr Athletic Association Corp:
Data Sources and Methodology
This transparency report for Hhk Sr Athletic Association Corp 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.