Bayonne Hockey Association Inc

Nonprofit profile at a glance

EIN
030600162
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023
Location
Bayonne, NJ, USA
Phone
9734934734
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Parent/Teacher Group

Official website

Reported finances

Revenue
$49,743
Expenses
$47,219
Assets
$22,972

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Charles Aiosa (President)

People named in this filing

  • Thomas DAlessio (Treasurer)
  • Charles Aiosa (President)
  • Mike Barrera (Assistant Treasurer/Director Parent/Player support)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The philosophy of BHAI is to provide interested athletes' in playing hockey with the opportunity to develop their skills in settings appropriate to their skill level. BHAI provides these opportunities without regard for race, color, creed or gender in order to promote ice hockey as a sport in which one can learn physical skills, sportsmanship/workmanship & teamwork on and off the ice.

What it reported doing in 2023

The Organization (BHAI) was able to register teams in New Jersey Youth Hockey while continuing to keep youth hockey affordable for young boys and girls.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 82
  • Sustainability: 41
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.9%; rating input score 95
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5.1%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.49; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -68% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -63.3% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: 11.6% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 94.9% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $47K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.