Hockey In New Jersey Inc
EIN: 262906094 · Newark, NJ · NTEE: N70
| Metric | Value |
|---|---|
| Total Revenue | $883K |
| Total Expenses | $227K |
| Net Assets | $362K |
Is Hockey In New Jersey Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hockey In New Jersey Inc
Hockey In New Jersey Inc (EIN: 262906094) is a nonprofit organization based in Newark, NJ, classified under NTEE code N70. The organization reported total revenue of $883K and total assets of $785K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hockey In New Jersey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hockey In New Jersey Inc is a small nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $371K |
| Total Expenses | $227K |
| Surplus / Deficit | +$144K |
| Total Assets | $363K |
| Total Liabilities | $630 |
| Net Assets | $362K |
| Operating Margin | 38.9% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 19.2 months |
Financial Health Grade: A
In 2023, Hockey In New Jersey Inc reported a surplus of $144K with revenue exceeding expenses, holds 19.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Hockey In New Jersey Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.8% | +58.2% | +66.1% |
| 2022 | +170.9% | +10.2% | +86.1% |
| 2021 | -60.7% | +4.2% | -25.4% |
| 2020 | +7.0% | -38.2% | +200.1% |
| 2019 | +16.1% | +0.1% | +31.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hockey In New Jersey 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 Hockey In New Jersey 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $144K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Hockey In New Jersey Inc
Is Hockey In New Jersey Inc a legitimate charity?
Hockey In New Jersey Inc (EIN: 262906094) is a registered tax-exempt nonprofit based in New Jersey. It has 14 years of IRS 990 filings on record. Total revenue: $883K. No red flags identified. Financial health grade: A.
How does Hockey In New Jersey Inc spend its money?
Hockey In New Jersey Inc reported $883K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hockey In New Jersey Inc tax-deductible?
Hockey In New Jersey Inc is registered as a tax-exempt nonprofit (EIN: 262906094). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hockey In New Jersey Inc located?
Hockey In New Jersey Inc is headquartered in Newark, New Jersey and files with the IRS under EIN 262906094. It is classified under NTEE code N70.
How many years of IRS 990 filings does Hockey In New Jersey Inc have?
Hockey In New Jersey Inc has 14 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 $883K in total revenue.
Filing History
IRS 990 filing history for Hockey In New Jersey Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Hockey In New Jersey Inc's revenue has grown by 252%, moving from $105K to $371K. Total assets increased by 315.9% over the same period, from $87K to $363K. Total functional expenses rose by 718.7%, from $28K to $227K. In its most recent filing year (2023), Hockey In New Jersey Inc reported a surplus of $144K, with revenue exceeding expenses. The organization holds $630 in liabilities against $363K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $362K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $371K | $227K | $363K | $630 | — | — |
| 2022 | $244K | $143K | $218K | $415 | — | View 990 |
| 2021 | $90K | $130K | $117K | $0 | — | View 990 |
| 2020 | $230K | $125K | $157K | $0 | — | View 990 |
| 2019 | $215K | $202K | $52K | $0 | — | View 990 |
| 2018 | $185K | $202K | $40K | $0 | — | View 990 |
| 2017 | $182K | $165K | $57K | $0 | — | View 990 |
| 2016 | $182K | $174K | $41K | $0 | — | View 990 |
| 2015 | $47K | $28K | $32K | $0 | — | View 990 |
| 2014 | $18K | $19K | $13K | $0 | — | View 990 |
| 2013 | $21K | $42K | $14K | $0 | — | View 990 |
| 2012 | $14K | $53K | $35K | $0 | — | View 990 |
| 2011 | $30K | $44K | $73K | $0 | — | View 990 |
| 2010 | $105K | $28K | $87K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $371K, expenses of $227K, and assets of $363K (revenue +51.8% year-over-year).
- 2022: Revenue of $244K, expenses of $143K, and assets of $218K (revenue +170.9% year-over-year).
- 2021: Revenue of $90K, expenses of $130K, and assets of $117K (revenue -60.7% year-over-year).
- 2020: Revenue of $230K, expenses of $125K, and assets of $157K (revenue +7.0% year-over-year).
- 2019: Revenue of $215K, expenses of $202K, and assets of $52K (revenue +16.1% year-over-year).
- 2018: Revenue of $185K, expenses of $202K, and assets of $40K (revenue +1.8% year-over-year).
- 2017: Revenue of $182K, expenses of $165K, and assets of $57K (revenue -0.4% year-over-year).
- 2016: Revenue of $182K, expenses of $174K, and assets of $41K (revenue +286.7% year-over-year).
- 2015: Revenue of $47K, expenses of $28K, and assets of $32K (revenue +164.7% year-over-year).
- 2014: Revenue of $18K, expenses of $19K, and assets of $13K (revenue -14.9% year-over-year).
- 2013: Revenue of $21K, expenses of $42K, and assets of $14K (revenue +45.1% year-over-year).
- 2012: Revenue of $14K, expenses of $53K, and assets of $35K (revenue -52.6% year-over-year).
- 2011: Revenue of $30K, expenses of $44K, and assets of $73K (revenue -71.1% year-over-year).
- 2010: Revenue of $105K, expenses of $28K, and assets of $87K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hockey In New Jersey Inc:
Data Sources and Methodology
This transparency report for Hockey In New Jersey 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.