Minnesota Hockey District 8 Inc
EIN: 463607962 · Saint Paul, MN · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $652K |
| Total Expenses | $478K |
| Net Assets | $233K |
Is Minnesota Hockey District 8 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Hockey District 8 Inc
Minnesota Hockey District 8 Inc (EIN: 463607962) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code P20. The organization reported total revenue of $652K and total assets of $367K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Hockey District 8 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Hockey District 8 Inc is a small nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 38.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $524K |
| Total Expenses | $478K |
| Surplus / Deficit | +$46K |
| Total Assets | $239K |
| Total Liabilities | $6K |
| Net Assets | $233K |
| Operating Margin | 8.7% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2023, Minnesota Hockey District 8 Inc reported a surplus of $46K with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Minnesota Hockey District 8 Inc's revenue has grown at a compound annual growth rate (CAGR) of 38.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.1% | +30.4% | +22.2% |
| 2022 | +38.3% | +45.3% | +7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minnesota Hockey District 8 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 Minnesota Hockey District 8 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 $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Frequently Asked Questions about Minnesota Hockey District 8 Inc
Is Minnesota Hockey District 8 Inc a legitimate charity?
Minnesota Hockey District 8 Inc (EIN: 463607962) is a registered tax-exempt nonprofit based in Minnesota. It has 3 years of IRS 990 filings on record. Total revenue: $652K. No red flags identified. Financial health grade: A.
How does Minnesota Hockey District 8 Inc spend its money?
Minnesota Hockey District 8 Inc reported $652K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Minnesota Hockey District 8 Inc tax-deductible?
Minnesota Hockey District 8 Inc is registered as a tax-exempt nonprofit (EIN: 463607962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Hockey District 8 Inc located?
Minnesota Hockey District 8 Inc is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 463607962. It is classified under NTEE code P20.
How many years of IRS 990 filings does Minnesota Hockey District 8 Inc have?
Minnesota Hockey District 8 Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $652K in total revenue.
Filing History
IRS 990 filing history for Minnesota Hockey District 8 Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Minnesota Hockey District 8 Inc's revenue has grown by 91%, moving from $274K to $524K. Total assets increased by 30.9% over the same period, from $183K to $239K. Total functional expenses rose by 89.5%, from $252K to $478K. In its most recent filing year (2023), Minnesota Hockey District 8 Inc reported a surplus of $46K, with revenue exceeding expenses. The organization holds $6K in liabilities against $239K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $233K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $524K | $478K | $239K | $6K | — | View 990 |
| 2022 | $379K | $366K | $196K | $547 | — | — |
| 2021 | $274K | $252K | $183K | $200 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $524K, expenses of $478K, and assets of $239K (revenue +38.1% year-over-year).
- 2022: Revenue of $379K, expenses of $366K, and assets of $196K (revenue +38.3% year-over-year).
- 2021: Revenue of $274K, expenses of $252K, and assets of $183K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Hockey District 8 Inc:
Data Sources and Methodology
This transparency report for Minnesota Hockey District 8 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.