Weymouth Youth Hockey Inc
- Assets
- $172.9k
- Revenue
- $421.9k
- Investments
- $0.0
- Employees
- 0
- Location
- East Weymouth, MA
- Founding
- 06/1982
- Data as of
- 02/2022
- EIN
- 04-2637667
Organization Overview
Weymouth Youth Hockey Inc is located in East Weymouth, MA. The organization was established in 1982. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weymouth Youth Hockey Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 02/2022, Weymouth Youth Hockey Inc generated $421.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $421.5k during the year ending 02/2022. While expenses have increased by 2.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AN OPPORTUNITY FOR YOUNG BOYS AND GIRLS TO LEARN AND PLAY THE GAME OF HOCKEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION PROVIDES HOCKEY AVAILABILITY AND SKATING INSTRUCTION TO WEYMOUTH YOUTH. ORGANIZATION ARRANGES TEAMS AND LEAGUE PLACEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Laubenstein Secretary | Trustee | 5 | $0 |
Stephen Mcgowan Web Director | Trustee | 5 | $0 |
Joe Krol Peewee Director | Trustee | 5 | $0 |
Mike Grady Midget Director | Trustee | 5 | $0 |
Andrew Donovan Instructional Director | Trustee | 5 | $0 |
John Doyle Travel Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,275 |
| Total Program Service Revenue | $385,090 |
| Investment income | $56 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,273 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $421,926 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $200 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $683 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $32,081 |
| Total functional expenses | $421,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $134,642 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,292 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,947 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $172,881 |
| Accounts payable and accrued expenses | $17,450 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,450 |
| Net assets without donor restrictions | $155,431 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $172,881 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Weymouth Youth Hockey Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Skin Cancer Foundation Inc New York, NY | $8,525,927 | $11,447,071 |
The Skating Club Of Boston Norwood, MA | $69,699,987 | $7,906,806 |
Vermont Association Of Snow Travelers Inc Barre, VT | $3,241,004 | $3,918,954 |
Waterville Valley Black & Blue Trail Smashers-Snowsports Edu Fdn Waterville Valley, NH | $2,567,962 | $3,711,484 |
Skyliners Synchronizer Skating Team Inc Pelham, NY | $1,872,139 | $2,783,736 |
Darien Youth Hockey Assoc Inc Darien, CT | $1,229,973 | $2,562,847 |
Northboro Youth Hockey Program Inc Westborough, MA | $6,509,967 | $2,397,981 |
Ramapo Youth Hockey Association Inc Monsey, NY | $416,965 | $2,307,032 |
Beaver Dam Winter Sports Club Inc Long Island Locust Valley, NY | $6,658,700 | $2,629,105 |
Share Winter Foundation Providence, RI | $3,585,553 | $2,066,083 |
Professional Ski Instructors Albany, NY | $1,829,406 | $2,398,753 |
Mid Fairfield Youth Hockey Association Inc Port Chester, NY | $1,290,390 | $2,178,898 |