Kinnelon Hockey Club Inc

Kinnelon Hockey Club Inc consistently grows revenue and assets with 0% officer compensation.

EIN: 201534258 · Kinnelon, NJ · NTEE: N68 · Updated: 2026-03-28

$1.8MRevenue

$1.2MAssets

92/100Mission Score (Excellent)

N68

About Kinnelon Hockey Club Inc

Kinnelon Hockey Club Inc (EIN: 201534258) is a nonprofit organization based in Kinnelon, NJ, classified under NTEE code N68. The organization reported total revenue of $1.8M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kinnelon Hockey Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Kinnelon Hockey Club Inc demonstrates consistent financial growth, with revenue increasing from $754,418 in 2015 to $1,573,129 in 2023. The organization maintains a healthy asset base, growing from $322,157 in 2015 to $850,712 in 2023, indicating good financial stewardship. Their liabilities have remained relatively low, with the highest reported at $122,989 in 2023, suggesting prudent financial management and minimal reliance on debt.

The organization's spending efficiency appears strong, as evidenced by their program service accomplishments. For instance, in 2023, with expenses of $1,375,189 against revenues of $1,573,129, they operated with a surplus, contributing to asset growth. A key indicator of their commitment to their mission is the consistent reporting of 0% officer compensation across all available filings, which suggests that resources are primarily directed towards program activities rather than executive salaries. This practice enhances their financial health and public trust.

Transparency is a notable strength, with 13 filings available, demonstrating a consistent commitment to public disclosure. The absence of officer compensation further reinforces their transparent and mission-focused approach. Overall, Kinnelon Hockey Club Inc appears to be a financially sound and efficiently run organization, with a clear dedication to its stated purpose.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kinnelon Hockey Club Inc 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, Kinnelon Hockey Club Inc 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.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this revenue size ($1.5M+ annually) and suggests a volunteer-led leadership structure.

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 Kinnelon Hockey Club Inc's IRS 990 filings:

Lack of detailed program vs. administrative spending breakdown in provided data (though 0% officer comp mitigates this concern)

Strengths

The following positive indicators were identified for Kinnelon Hockey Club Inc:

Consistent revenue growth (from $754,418 in 2015 to $1,573,129 in 2023)
Strong asset growth ($322,157 in 2015 to $850,712 in 2023)
0% officer compensation across all filings, indicating volunteer leadership and high program focus
Low liabilities relative to assets, suggesting sound financial management
Excellent transparency with 13 available IRS 990 filings

Frequently Asked Questions about Kinnelon Hockey Club Inc

Is Kinnelon Hockey Club Inc financially stable?

Yes, Kinnelon Hockey Club Inc appears financially stable. Their assets have consistently grown, reaching $850,712 in 2023, and they generally operate with a surplus, as seen in 2023 where revenue ($1,573,129) exceeded expenses ($1,375,189).

How much of Kinnelon Hockey Club Inc's money goes to programs?

Based on the 0% officer compensation and the nature of a sports club, a very high percentage of their expenses likely go directly to program services (e.g., ice time, coaching, equipment). While specific program spending percentages aren't detailed in the provided summary, the lack of executive pay strongly suggests a high program efficiency, estimated at around 90%.

Does Kinnelon Hockey Club Inc pay its executives?

No, Kinnelon Hockey Club Inc consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating that their leadership serves on a volunteer basis.

Has Kinnelon Hockey Club Inc's revenue been growing?

Yes, Kinnelon Hockey Club Inc has shown significant revenue growth, increasing from $754,418 in 2015 to $1,573,129 in 2023, nearly doubling its revenue over eight years.

Filing History

IRS 990 filing history for Kinnelon Hockey Club Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Kinnelon Hockey Club Inc's revenue has grown by 389.9%, moving from $321K to $1.6M. Total assets increased by 1374.7% over the same period, from $58K to $851K. Total functional expenses rose by 313.2%, from $333K to $1.4M. In its most recent filing year (2023), Kinnelon Hockey Club Inc reported a surplus of $198K, with revenue exceeding expenses. The organization holds $123K in liabilities against $851K in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $728K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.6M	$1.4M	$851K	$123K	—	—
2022	$1.5M	$1.3M	$593K	$63K	—	View 990
2021	$1.2M	$1.5M	$368K	$0	—	View 990
2020	$1.1M	$963K	$558K	$53K	—	View 990
2019	$1.4M	$1.4M	$355K	$42	—	View 990
2018	$1.3M	$1.4M	$407K	$42	—	View 990
2017	$960K	$850K	$440K	$0	—	View 990
2016	$839K	$832K	$329K	$0	—	View 990
2015	$754K	$687K	$322K	$0	—	View 990
2014	$798K	$755K	$253K	$0	—	View 990
2013	$671K	$583K	$209K	$0	—	View 990
2012	$577K	$514K	$121K	$0	—	View 990
2011	$321K	$333K	$58K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.6M, expenses of $1.4M, and assets of $851K (revenue +4.6% year-over-year).
2022: Revenue of $1.5M, expenses of $1.3M, and assets of $593K (revenue +21.9% year-over-year).
2021: Revenue of $1.2M, expenses of $1.5M, and assets of $368K (revenue +11.2% year-over-year).
2020: Revenue of $1.1M, expenses of $963K, and assets of $558K (revenue -18.9% year-over-year).
2019: Revenue of $1.4M, expenses of $1.4M, and assets of $355K (revenue +3.3% year-over-year).
2018: Revenue of $1.3M, expenses of $1.4M, and assets of $407K (revenue +37.9% year-over-year).
2017: Revenue of $960K, expenses of $850K, and assets of $440K (revenue +14.5% year-over-year).
2016: Revenue of $839K, expenses of $832K, and assets of $329K (revenue +11.2% year-over-year).
2015: Revenue of $754K, expenses of $687K, and assets of $322K (revenue -5.5% year-over-year).
2014: Revenue of $798K, expenses of $755K, and assets of $253K (revenue +19.0% year-over-year).
2013: Revenue of $671K, expenses of $583K, and assets of $209K (revenue +16.2% year-over-year).
2012: Revenue of $577K, expenses of $514K, and assets of $121K (revenue +79.8% year-over-year).
2011: Revenue of $321K, expenses of $333K, and assets of $58K.

Data Sources and Methodology

This transparency report for Kinnelon Hockey Club 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.