Icecat Hockey Inc
EIN: 770652569 · Lehi, UT · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $41K |
| Total Expenses | $63K |
| Net Assets | $10K |
Is Icecat Hockey Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Icecat Hockey Inc
Icecat Hockey Inc (EIN: 770652569) is a nonprofit organization based in Lehi, UT, classified under NTEE code N60. The organization reported total revenue of $41K and total assets of $24K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Icecat Hockey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Icecat Hockey Inc is a micro nonprofit that has been operating for 7 years, with 12 years of IRS 990 filings on record (2008–2020). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $63K |
| Surplus / Deficit | $-21,876 |
| Total Assets | $24K |
| Total Liabilities | $14K |
| Net Assets | $10K |
| Operating Margin | -53.3% |
| Debt-to-Asset Ratio | 57.2% |
| Months of Reserves | 4.5 months |
Financial Health Grade: C
In 2020, Icecat Hockey Inc reported a deficit of $22K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 57.2% (high leverage).
Financial Trends
Over 12 years of filings (2008–2020), Icecat Hockey Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -57.6% | -30.7% | -17.4% |
| 2018 | +38.5% | +27.9% | +22.5% |
| 2017 | -19.8% | -1.6% | +103.3% |
| 2016 | +10.7% | -16.1% | +398.8% |
| 2015 | +10.6% | +15.0% | +58.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Icecat Hockey 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 Icecat Hockey 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 57.2%.
Frequently Asked Questions about Icecat Hockey Inc
Is Icecat Hockey Inc a legitimate charity?
Icecat Hockey Inc (EIN: 770652569) is a registered tax-exempt nonprofit based in Utah. It has 12 years of IRS 990 filings on record. Total revenue: $41K. No red flags identified. Financial health grade: C.
How does Icecat Hockey Inc spend its money?
Icecat Hockey Inc reported $41K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Icecat Hockey Inc tax-deductible?
Icecat Hockey Inc is registered as a tax-exempt nonprofit (EIN: 770652569). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Icecat Hockey Inc located?
Icecat Hockey Inc is headquartered in Lehi, Utah and files with the IRS under EIN 770652569. It is classified under NTEE code N60.
How many years of IRS 990 filings does Icecat Hockey Inc have?
Icecat Hockey 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 $41K in total revenue.
Filing History
IRS 990 filing history for Icecat Hockey Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2008–2020), Icecat Hockey Inc's revenue has declined by 56.4%, moving from $94K to $41K. Total assets increased by 3057.8% over the same period, from $748 to $24K. Total functional expenses fell by 37.3%, from $100K to $63K. In its most recent filing year (2020), Icecat Hockey Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $14K in liabilities against $24K in assets (debt-to-asset ratio: 57.2%), resulting in net assets of $10K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $41K | $63K | $24K | $14K | — | View 990 |
| 2018 | $97K | $91K | $29K | $15K | — | View 990 |
| 2017 | $70K | $71K | $23K | $15K | — | — |
| 2016 | $87K | $72K | $11K | $2K | — | — |
| 2015 | $79K | $86K | $2K | $8K | — | — |
| 2014 | $71K | $75K | $1K | $0 | — | View 990 |
| 2013 | $68K | $79K | $12K | $0 | — | — |
| 2012 | $59K | $49K | $23K | $0 | — | View 990 |
| 2011 | $72K | $70K | $13K | $0 | — | View 990 |
| 2010 | $85K | $77K | $11K | $0 | — | View 990 |
| 2009 | $68K | $66K | $3K | $0 | — | View 990 |
| 2008 | $94K | $100K | $748 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $41K, expenses of $63K, and assets of $24K (revenue -57.6% year-over-year).
- 2018: Revenue of $97K, expenses of $91K, and assets of $29K (revenue +38.5% year-over-year).
- 2017: Revenue of $70K, expenses of $71K, and assets of $23K (revenue -19.8% year-over-year).
- 2016: Revenue of $87K, expenses of $72K, and assets of $11K (revenue +10.7% year-over-year).
- 2015: Revenue of $79K, expenses of $86K, and assets of $2K (revenue +10.6% year-over-year).
- 2014: Revenue of $71K, expenses of $75K, and assets of $1K (revenue +3.9% year-over-year).
- 2013: Revenue of $68K, expenses of $79K, and assets of $12K (revenue +15.8% year-over-year).
- 2012: Revenue of $59K, expenses of $49K, and assets of $23K (revenue -18.0% year-over-year).
- 2011: Revenue of $72K, expenses of $70K, and assets of $13K (revenue -15.1% year-over-year).
- 2010: Revenue of $85K, expenses of $77K, and assets of $11K (revenue +25.3% year-over-year).
- 2009: Revenue of $68K, expenses of $66K, and assets of $3K (revenue -28.1% year-over-year).
- 2008: Revenue of $94K, expenses of $100K, and assets of $748.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Icecat Hockey Inc:
Data Sources and Methodology
This transparency report for Icecat Hockey 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.