Apple Valley Hockey Association
Nonprofit profile at a glance
- EIN
- 510158274
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Apple Valley, MN, USA
- Phone
- 9522010017
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,045,257
- Expenses
- $999,585
- Assets
- $988,179
- Liabilities
- $348,828
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- ANDREW SPENCER (PRESIDENT)
Highest reported compensation
- RANDY OLSON (GAMBLING MAN): $70,950 total reported compensation
- JEREMY PRIES (HDC CO-CHAIR): $8,700 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the apple valley hockey association is to create a fun, fair and safe hockey environment that develops respect for others, self- confidence, leadership, competitiveness and teamwork in our student athletes. We will strive to provide the best competition at all levels while maintaining the highest degree of sportsmanship.
What it reported doing in 2024
Every association can promise early mornings at the rink, a smelly hockey bag and lots of fun for parents and kids. The apple valley hockey association does all of that and so much more: -a well-funded and financially secure, successful organization, we offer some of the lowest total cost of hockey programs in the south metro. -great coaching on ice with parent and paid coaches and a dedicated dryland facility for total player development. -our youth association is fully integrated into the high school program with our high school coaching staff involved in player development. -"tpg goaltending" trainers used for goalie evaluation and development. -gear packages for kids starting out at a great, affordable price. -each year teams can participate in local community projects including parks beautification, house and yard work for those unable to do it for themselves, and several "feed my starving children"events. -the avbha is a significant benefactor to the local "mosaic hockey collective" which focuses on building an inclusive hockey community that empowers players of color with skills, resources, and positive experiences to grow and give back to the game.
Operating model
- Revenue model
- Other-operating. 81% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 94% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 88
- Accountability: 73
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.8%; rating input score 91
- Program expense ratio: 95%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 91.3%; rating input score 91; 39th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 22nd percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.4%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.99; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 8%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 20.8% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 17.2% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 4.1% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 90.8% of revenue deployed · 95% of spending went to programs
- Governance: 16 of 18 board members independent · 4 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $949K in reported program spending
- Leadership: top reported pay $71K · 18 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 4 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 48/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.