Lakes Region Youth Hockey Association
Lakes Region Youth Hockey Association: Consistent Operations, Modest Reserves
EIN: 222488505 · Laconia, NH · NTEE: O20 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $106K |
| Total Expenses | $130K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $42K |
| Transparency Score | 75/100 |
Is Lakes Region Youth Hockey Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lakes Region Youth Hockey Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lakes Region Youth Hockey Association
Lakes Region Youth Hockey Association (EIN: 222488505) is a nonprofit organization based in Laconia, NH, classified under NTEE code O20. The organization reported total revenue of $106K and total assets of $65K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakes Region Youth Hockey Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakes Region Youth Hockey Association is a small nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $106K |
| Total Expenses | $130K |
| Surplus / Deficit | $-24,792 |
| Total Assets | $65K |
| Total Liabilities | $22K |
| Net Assets | $42K |
| Operating Margin | -23.5% |
| Debt-to-Asset Ratio | 34.7% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2023, Lakes Region Youth Hockey Association reported a deficit of $25K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 34.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Lakes Region Youth Hockey Association's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.7% | +5.5% | -5.1% |
| 2022 | +62.1% | +9.5% | +127.1% |
| 2021 | -17.5% | +0.5% | -30.2% |
| 2020 | -4.3% | -10.6% | +25.7% |
| 2019 | -0.1% | -20.5% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1999 |
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 Lakes Region Youth Hockey Association with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Lakes Region Youth Hockey Association allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.7%.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, indicating that no officers, directors, or key employees received over $100,000 in compensation.
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 Lakes Region Youth Hockey Association's IRS 990 filings:
- Net assets decreased from $68,311 in 2022 to $64,828 in 2023, indicating a slight decline in financial reserves.
- The organization consistently spends more than its revenue, with expenses exceeding revenue in 2023 ($130,455 vs $105,663).
Strengths
The following positive indicators were identified for Lakes Region Youth Hockey Association:
- The organization has maintained consistent operations and revenue levels over several years.
- Low administrative and fundraising costs suggest a focus on program delivery.
Frequently Asked Questions about Lakes Region Youth Hockey Association
Is Lakes Region Youth Hockey Association a legitimate charity?
Lakes Region Youth Hockey Association (EIN: 222488505) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $106K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Lakes Region Youth Hockey Association spend its money?
Lakes Region Youth Hockey Association directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Lakes Region Youth Hockey Association tax-deductible?
Lakes Region Youth Hockey Association is registered as a tax-exempt nonprofit (EIN: 222488505). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lakes Region Youth Hockey Association CEO make?
Lakes Region Youth Hockey Association's highest-compensated officer earns $100,000 annually. The organization reported $106K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lakes Region Youth Hockey Association's spending goes to programs?
Lakes Region Youth Hockey Association directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lakes Region Youth Hockey Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), Lakes Region Youth Hockey Association is above average for NTEE category O20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lakes Region Youth Hockey Association located?
Lakes Region Youth Hockey Association is headquartered in Laconia, New Hampshire and files with the IRS under EIN 222488505. It is classified under NTEE code O20.
How many years of IRS 990 filings does Lakes Region Youth Hockey Association have?
Lakes Region Youth Hockey Association 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 $106K in total revenue.
What does Lakes Region Youth Hockey Association do?
Lakes Region Youth Hockey Association is a nonprofit organization in the Youth Development sector, located in Laconia, New Hampshire. It is classified under NTEE code O20.
How much revenue does Lakes Region Youth Hockey Association have?
Lakes Region Youth Hockey Association reported total revenue of $105,663. Based on 12 IRS 990 filings on record.
What are Lakes Region Youth Hockey Association's total assets?
Lakes Region Youth Hockey Association holds total assets of $64,828 as reported in IRS 990 filings.
Where is Lakes Region Youth Hockey Association located?
Lakes Region Youth Hockey Association is based in Laconia, New Hampshire.
What is Lakes Region Youth Hockey Association's EIN?
Lakes Region Youth Hockey Association's Employer Identification Number (EIN) is 222488505. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Lakes Region Youth Hockey Association?
Lakes Region Youth Hockey Association is classified under NTEE code O20 (Youth Development).
Is Lakes Region Youth Hockey Association a registered 501(c)(3)?
Yes, Lakes Region Youth Hockey Association is recognized as a tax-exempt organization by the IRS. EIN: 222488505.
Does Lakes Region Youth Hockey Association file IRS Form 990?
Yes, Lakes Region Youth Hockey Association has 12 IRS Form 990 filings on record. The most recent covers tax period 202305.
What was Lakes Region Youth Hockey Association's revenue in 2023?
In the 202305 filing period, Lakes Region Youth Hockey Association reported total revenue of $105,663, total expenses of $130,455, and net assets of $64,828.
Is Lakes Region Youth Hockey Association's revenue growing or declining?
Lakes Region Youth Hockey Association's revenue is declining. Revenue went from $161,833 (202205) to $105,663 (202305), a -34.7% change. Based on 12 filings on record.
What is Lakes Region Youth Hockey Association's most recent 990 filing?
The most recent IRS Form 990 filing for Lakes Region Youth Hockey Association covers tax period 202305. It shows revenue of $105,663, expenses of $130,455, total assets of $64,828, and liabilities of $22,493.
How much does Lakes Region Youth Hockey Association spend on programs vs administration?
Based on IRS 990 analysis, Lakes Region Youth Hockey Association allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Lakes Region Youth Hockey Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Lakes Region Youth Hockey Association appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Lakes Region Youth Hockey Association?
The following concerns were identified: Net assets decreased from $68,311 in 2022 to $64,828 in 2023, indicating a slight decline in financial reserves.. The organization consistently spends more than its revenue, with expenses exceeding revenue in 2023 ($130,455 vs $105,663).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Lakes Region Youth Hockey Association's strengths?
Positive indicators for Lakes Region Youth Hockey Association include: The organization has maintained consistent operations and revenue levels over several years.. Low administrative and fundraising costs suggest a focus on program delivery.. These findings are derived from AI analysis of the organization's financial filings.
How does Lakes Region Youth Hockey Association compensate executives?
Executive compensation is not reported in the provided filings, indicating that no officers, directors, or key employees received over $100,000 in compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization plan to address the consistent trend of expenses exceeding revenue, as seen in 2023 where expenses were $130,455 against revenues of $105,663?
The organization would need to either increase fundraising efforts, secure additional grants, or re-evaluate program costs to ensure long-term financial sustainability and prevent further depletion of net assets.
Given the modest net assets of $64,828 in 2023, what is the organization's strategy for building a more robust financial reserve to withstand unexpected operational challenges?
A strategy for building reserves could involve setting specific fundraising targets for an endowment or emergency fund, implementing a surplus-generating event, or allocating a percentage of annual revenue specifically to savings.
Filing History
IRS 990 filing history for Lakes Region Youth Hockey Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Lakes Region Youth Hockey Association's revenue has declined by 26.4%, moving from $144K to $106K. Total assets increased by 21.2% over the same period, from $53K to $65K. Total functional expenses rose by 6.5%, from $122K to $130K. In its most recent filing year (2023), Lakes Region Youth Hockey Association reported a deficit of $25K, with expenses exceeding revenue. The organization holds $22K in liabilities against $65K in assets (debt-to-asset ratio: 34.7%), resulting in net assets of $42K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $106K | $130K | $65K | $22K | — | — |
| 2022 | $162K | $124K | $68K | $1K | — | View 990 |
| 2021 | $100K | $113K | $30K | $1K | — | — |
| 2020 | $121K | $112K | $43K | $1K | — | View 990 |
| 2019 | $127K | $126K | $34K | $1K | — | View 990 |
| 2018 | $127K | $158K | $33K | $1K | — | View 990 |
| 2017 | $151K | $159K | $65K | $1K | — | View 990 |
| 2016 | $145K | $137K | $96K | $1K | — | View 990 |
| 2015 | $137K | $127K | $88K | $825 | — | View 990 |
| 2014 | $160K | $127K | $77K | $250 | — | View 990 |
| 2013 | $134K | $144K | $44K | $0 | — | View 990 |
| 2012 | $144K | $122K | $53K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $106K, expenses of $130K, and assets of $65K (revenue -34.7% year-over-year).
- 2022: Revenue of $162K, expenses of $124K, and assets of $68K (revenue +62.1% year-over-year).
- 2021: Revenue of $100K, expenses of $113K, and assets of $30K (revenue -17.5% year-over-year).
- 2020: Revenue of $121K, expenses of $112K, and assets of $43K (revenue -4.3% year-over-year).
- 2019: Revenue of $127K, expenses of $126K, and assets of $34K (revenue -0.1% year-over-year).
- 2018: Revenue of $127K, expenses of $158K, and assets of $33K (revenue -15.9% year-over-year).
- 2017: Revenue of $151K, expenses of $159K, and assets of $65K (revenue +4.1% year-over-year).
- 2016: Revenue of $145K, expenses of $137K, and assets of $96K (revenue +5.7% year-over-year).
- 2015: Revenue of $137K, expenses of $127K, and assets of $88K (revenue -14.5% year-over-year).
- 2014: Revenue of $160K, expenses of $127K, and assets of $77K (revenue +19.2% year-over-year).
- 2013: Revenue of $134K, expenses of $144K, and assets of $44K (revenue -6.4% year-over-year).
- 2012: Revenue of $144K, expenses of $122K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakes Region Youth Hockey Association:
Data Sources and Methodology
This transparency report for Lakes Region Youth Hockey Association 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.