Twin Valley Youth Hockey Inc
Twin Valley Youth Hockey Inc. shows declining assets and recent operating deficits, despite zero executive compensation.
EIN: 20448833 · Meriden, NH · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23K |
| Total Expenses | $37K |
| Program Spending | 85% |
| Net Assets | $1 |
| Transparency Score | 65/100 |
Is Twin Valley Youth Hockey Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Twin Valley Youth Hockey Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Twin Valley Youth Hockey Inc
Twin Valley Youth Hockey Inc (EIN: 20448833) is a nonprofit organization based in Meriden, NH, classified under NTEE code N60. The organization reported total revenue of $23K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Twin Valley Youth Hockey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Twin Valley Youth Hockey Inc is a micro nonprofit that has been operating for 28 years, with 7 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of -18.2%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $37K |
| Surplus / Deficit | $-14,013 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | -59.7% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2018, Twin Valley Youth Hockey Inc reported a deficit of $14K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2012–2018), Twin Valley Youth Hockey Inc's revenue has declined at a compound annual growth rate (CAGR) of -18.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -42.1% | +16.1% | -100.0% |
| 2017 | -36.1% | -32.0% | +26.2% |
| 2016 | -5.3% | -46.0% | +103.2% |
| 2015 | +37.8% | +39.2% | -59.4% |
| 2014 | -39.1% | -6.3% | -25.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Twin Valley Youth Hockey Inc with a Mission Score of 65 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: 85%
- fundraising: 5%
According to IRS 990 filings, Twin Valley Youth Hockey Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $14K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size.
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 Twin Valley Youth Hockey Inc's IRS 990 filings:
- Significant decline in assets from $51,082 to $1 over several years.
- Operating deficit in the latest filing (201805) where expenses ($37,493) exceeded revenue ($23,480).
- Inconsistent revenue generation, with a notable drop from $79,833 in 2013 to $23,480 in 2018.
Strengths
The following positive indicators were identified for Twin Valley Youth Hockey Inc:
- Consistent 0% officer compensation, indicating a volunteer-run organization.
- Historically low liabilities, often reported as $0 or minimal.
- Focus on youth sports, aligning with its NTEE code N60 (Youth Sports).
Frequently Asked Questions about Twin Valley Youth Hockey Inc
Is Twin Valley Youth Hockey Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Twin Valley Youth Hockey Inc (EIN: 20448833) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Twin Valley Youth Hockey Inc spend its money?
Twin Valley Youth Hockey Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Twin Valley Youth Hockey Inc tax-deductible?
Twin Valley Youth Hockey Inc is registered as a tax-exempt nonprofit (EIN: 20448833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Twin Valley Youth Hockey Inc's spending goes to programs?
Twin Valley Youth Hockey Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Twin Valley Youth Hockey Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Twin Valley Youth Hockey Inc is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Twin Valley Youth Hockey Inc located?
Twin Valley Youth Hockey Inc is headquartered in Meriden, New Hampshire and files with the IRS under EIN 20448833. It is classified under NTEE code N60.
How many years of IRS 990 filings does Twin Valley Youth Hockey Inc have?
Twin Valley Youth Hockey Inc has 7 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 $23K in total revenue.
Is Twin Valley Youth Hockey Inc. financially stable?
The organization's financial stability is questionable given its declining assets from $51,082 in 2013 to $1 in 2018, and recent operating deficits where expenses ($37,493) exceeded revenue ($23,480) in the latest filing.
How does the lack of officer compensation impact the organization?
The consistent reporting of 0% officer compensation across all filings indicates a volunteer-led structure, which maximizes the percentage of funds available for programs and reduces administrative overhead.
What caused the significant drop in assets to $1?
The IRS 990 data alone does not specify the exact cause for the drastic reduction in assets from $51,082 to $1. It could be due to significant program spending, asset liquidation, or reclassification, and would require further investigation.
Filing History
IRS 990 filing history for Twin Valley Youth Hockey Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), Twin Valley Youth Hockey Inc's revenue has declined by 70%, moving from $78K to $23K. Total assets decreased by 100% over the same period, from $39K to $1. Total functional expenses fell by 45.6%, from $69K to $37K. In its most recent filing year (2018), Twin Valley Youth Hockey Inc reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $23K | $37K | $1 | $0 | — | View 990 |
| 2017 | $41K | $32K | $40K | $0 | — | View 990 |
| 2016 | $63K | $47K | $31K | $0 | — | View 990 |
| 2015 | $67K | $88K | $15K | $0 | — | View 990 |
| 2014 | $49K | $63K | $38K | $1K | — | View 990 |
| 2013 | $80K | $67K | $51K | $9K | — | View 990 |
| 2012 | $78K | $69K | $39K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $23K, expenses of $37K, and assets of $1 (revenue -42.1% year-over-year).
- 2017: Revenue of $41K, expenses of $32K, and assets of $40K (revenue -36.1% year-over-year).
- 2016: Revenue of $63K, expenses of $47K, and assets of $31K (revenue -5.3% year-over-year).
- 2015: Revenue of $67K, expenses of $88K, and assets of $15K (revenue +37.8% year-over-year).
- 2014: Revenue of $49K, expenses of $63K, and assets of $38K (revenue -39.1% year-over-year).
- 2013: Revenue of $80K, expenses of $67K, and assets of $51K (revenue +2.2% year-over-year).
- 2012: Revenue of $78K, expenses of $69K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Twin Valley Youth Hockey Inc:
Data Sources and Methodology
This transparency report for Twin Valley 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.