Milton Youth Hockey Inc
EIN: 237319849 · Quincy, MA
| Metric | Value |
|---|---|
| Total Revenue | $992K |
| Total Expenses | $699K |
| Net Assets | $226K |
Is Milton Youth 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 Milton Youth Hockey Inc
Milton Youth Hockey Inc (EIN: 237319849) is a nonprofit organization based in Quincy, MA. The organization reported total revenue of $992K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milton Youth Hockey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milton Youth Hockey Inc is a small nonprofit that has been operating for 50 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $640K |
| Total Expenses | $699K |
| Surplus / Deficit | $-58,999 |
| Total Assets | $538K |
| Total Liabilities | $312K |
| Net Assets | $226K |
| Operating Margin | -9.2% |
| Debt-to-Asset Ratio | 58.0% |
| Months of Reserves | 9.2 months |
Financial Health Grade: C
In 2023, Milton Youth Hockey Inc reported a deficit of $59K with expenses exceeding revenue, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 58.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Milton Youth Hockey Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.1% | +4.3% | -28.4% |
| 2022 | +4.4% | +18.4% | -4.6% |
| 2021 | -11.7% | -3.2% | +6.1% |
| 2020 | +11.6% | +4.4% | +4.2% |
| 2019 | +4.9% | +3.7% | +18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Milton Youth 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 Milton Youth 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $59K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.0%.
Frequently Asked Questions about Milton Youth Hockey Inc
Is Milton Youth Hockey Inc a legitimate charity?
Milton Youth Hockey Inc (EIN: 237319849) is a registered tax-exempt nonprofit based in Massachusetts. It has 12 years of IRS 990 filings on record. Total revenue: $992K. No red flags identified. Financial health grade: C.
How does Milton Youth Hockey Inc spend its money?
Milton Youth Hockey Inc reported $992K 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 Milton Youth Hockey Inc tax-deductible?
Milton Youth Hockey Inc is registered as a tax-exempt nonprofit (EIN: 237319849). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Milton Youth Hockey Inc located?
Milton Youth Hockey Inc is headquartered in Quincy, Massachusetts and files with the IRS under EIN 237319849.
How many years of IRS 990 filings does Milton Youth Hockey Inc have?
Milton Youth 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 $992K in total revenue.
Filing History
IRS 990 filing history for Milton Youth Hockey Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Milton Youth Hockey Inc's revenue has grown by 80.5%, moving from $355K to $640K. Total assets increased by 51.9% over the same period, from $354K to $538K. Total functional expenses rose by 92.8%, from $363K to $699K. In its most recent filing year (2023), Milton Youth Hockey Inc reported a deficit of $59K, with expenses exceeding revenue. The organization holds $312K in liabilities against $538K in assets (debt-to-asset ratio: 58.0%), resulting in net assets of $226K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $640K | $699K | $538K | $312K | — | View 990 |
| 2022 | $621K | $670K | $752K | $467K | — | View 990 |
| 2021 | $595K | $566K | $789K | $454K | — | View 990 |
| 2020 | $673K | $585K | $743K | $438K | — | View 990 |
| 2019 | $603K | $560K | $713K | $496K | — | View 990 |
| 2018 | $575K | $540K | $603K | $429K | — | — |
| 2017 | $503K | $470K | $533K | $394K | — | View 990 |
| 2016 | $481K | $442K | $438K | $333K | — | View 990 |
| 2015 | $402K | $431K | $385K | $318K | — | View 990 |
| 2014 | $416K | $389K | $379K | $283K | — | View 990 |
| 2013 | $381K | $393K | $367K | $299K | — | View 990 |
| 2012 | $355K | $363K | $354K | $274K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $640K, expenses of $699K, and assets of $538K (revenue +3.1% year-over-year).
- 2022: Revenue of $621K, expenses of $670K, and assets of $752K (revenue +4.4% year-over-year).
- 2021: Revenue of $595K, expenses of $566K, and assets of $789K (revenue -11.7% year-over-year).
- 2020: Revenue of $673K, expenses of $585K, and assets of $743K (revenue +11.6% year-over-year).
- 2019: Revenue of $603K, expenses of $560K, and assets of $713K (revenue +4.9% year-over-year).
- 2018: Revenue of $575K, expenses of $540K, and assets of $603K (revenue +14.3% year-over-year).
- 2017: Revenue of $503K, expenses of $470K, and assets of $533K (revenue +4.7% year-over-year).
- 2016: Revenue of $481K, expenses of $442K, and assets of $438K (revenue +19.5% year-over-year).
- 2015: Revenue of $402K, expenses of $431K, and assets of $385K (revenue -3.2% year-over-year).
- 2014: Revenue of $416K, expenses of $389K, and assets of $379K (revenue +9.0% year-over-year).
- 2013: Revenue of $381K, expenses of $393K, and assets of $367K (revenue +7.5% year-over-year).
- 2012: Revenue of $355K, expenses of $363K, and assets of $354K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milton Youth Hockey Inc:
Data Sources and Methodology
This transparency report for Milton Youth 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.