Nashua Panthers Youth Hockey Association
Nashua Panthers Youth Hockey Association sees significant revenue and asset decline over the past decade.
EIN: 20363500 · Nashua, NH · NTEE: N68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $158K |
| Total Expenses | $173K |
| Program Spending | 90% |
| Net Assets | $7K |
| Transparency Score | 80/100 |
Is Nashua Panthers 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 →
Nashua Panthers Youth Hockey Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nashua Panthers Youth Hockey Association
Nashua Panthers Youth Hockey Association (EIN: 20363500) is a nonprofit organization based in Nashua, NH, classified under NTEE code N68. The organization reported total revenue of $158K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nashua Panthers Youth Hockey Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nashua Panthers Youth Hockey Association is a small nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -19.2%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $158K |
| Total Expenses | $173K |
| Surplus / Deficit | $-14,727 |
| Total Assets | $7K |
| Net Assets | $7K |
| Operating Margin | -9.3% |
| Months of Reserves | 0.5 months |
Financial Health Grade: C
In 2018, Nashua Panthers Youth Hockey Association reported a deficit of $15K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2011–2018), Nashua Panthers Youth Hockey Association's revenue has declined at a compound annual growth rate (CAGR) of -19.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +1.1% | +28.0% | -67.1% |
| 2017 | -64.5% | -70.7% | +3891.8% |
| 2016 | -33.3% | -33.9% | -97.4% |
| 2015 | -6.3% | -8.3% | -57.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 Nashua Panthers Youth Hockey Association with a Mission Score of 80 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, Nashua Panthers Youth Hockey Association 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.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization. This is highly commendable for a nonprofit of its size, especially given its historical revenue levels.
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 Nashua Panthers Youth Hockey Association's IRS 990 filings:
- Significant decline in revenue from $704,878 (2011) to $158,058 (2018)
- Substantial decrease in assets from $49,768 (2011) to $7,228 (2018)
Strengths
The following positive indicators were identified for Nashua Panthers Youth Hockey Association:
- Zero officer compensation across all filings, indicating volunteer leadership
- No reported liabilities in recent years (2015-2018)
- Consistent filing of IRS Form 990s, demonstrating transparency
Frequently Asked Questions about Nashua Panthers Youth Hockey Association
Is Nashua Panthers Youth Hockey Association a legitimate charity?
Nashua Panthers Youth Hockey Association (EIN: 20363500) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 80/100. It has 5 years of IRS 990 filings on record. Total revenue: $158K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Nashua Panthers Youth Hockey Association spend its money?
Nashua Panthers Youth Hockey Association directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Nashua Panthers Youth Hockey Association tax-deductible?
Nashua Panthers Youth Hockey Association is registered as a tax-exempt nonprofit (EIN: 20363500). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nashua Panthers Youth Hockey Association's spending goes to programs?
Nashua Panthers Youth Hockey Association directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nashua Panthers Youth Hockey Association compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Nashua Panthers Youth Hockey Association is above average for NTEE category N68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nashua Panthers Youth Hockey Association located?
Nashua Panthers Youth Hockey Association is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20363500. It is classified under NTEE code N68.
How many years of IRS 990 filings does Nashua Panthers Youth Hockey Association have?
Nashua Panthers Youth Hockey Association has 5 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 $158K in total revenue.
Is Nashua Panthers Youth Hockey Association a good charity?
Based on the provided data, the Nashua Panthers Youth Hockey Association appears to be a good charity in terms of efficiency and transparency, particularly due to its volunteer leadership (0% officer compensation). However, its significant decline in revenue and assets from $704,878 (2011) to $158,058 (2018) suggests a reduced operational scale, which might impact its overall reach and impact.
What caused the substantial drop in revenue and assets?
The provided data does not specify the exact causes for the revenue and asset decline. Potential reasons could include decreased participation, increased competition, changes in local demographics, or shifts in fundraising capabilities. Further investigation into program enrollment and community engagement would be needed.
How does the organization manage to operate with such low assets?
With assets of only $7,228 in 2018 against revenues of $158,058, the organization likely operates on a very lean, cash-flow basis, with funds being spent shortly after they are received. This model can be sustainable for organizations with predictable income and minimal capital expenditure needs, common for youth sports leagues.
Filing History
IRS 990 filing history for Nashua Panthers Youth Hockey Association showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2018), Nashua Panthers Youth Hockey Association's revenue has declined by 77.6%, moving from $705K to $158K. Total assets decreased by 85.5% over the same period, from $50K to $7K. Total functional expenses fell by 77.3%, from $761K to $173K. In its most recent filing year (2018), Nashua Panthers Youth Hockey Association reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $158K | $173K | $7K | $0 | — | View 990 |
| 2017 | $156K | $135K | $22K | $0 | — | View 990 |
| 2016 | $440K | $461K | $550 | $0 | — | — |
| 2015 | $661K | $697K | $21K | $0 | — | — |
| 2011 | $705K | $761K | $50K | $112K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $158K, expenses of $173K, and assets of $7K (revenue +1.1% year-over-year).
- 2017: Revenue of $156K, expenses of $135K, and assets of $22K (revenue -64.5% year-over-year).
- 2016: Revenue of $440K, expenses of $461K, and assets of $550 (revenue -33.3% year-over-year).
- 2015: Revenue of $661K, expenses of $697K, and assets of $21K (revenue -6.3% year-over-year).
- 2011: Revenue of $705K, expenses of $761K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nashua Panthers Youth Hockey Association:
Data Sources and Methodology
This transparency report for Nashua Panthers 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.