Irvine Ice Foundation

Nonprofit profile at a glance

EIN
811555232
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Corona Del Mar, CA, USA
Phone
9497604300
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Recreational Centers

Reported finances

Revenue
$21,433,449
Expenses
$22,397,561
Assets
$105,180,097
Liabilities
$68,308,892

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • AARON TEATS (PRESIDENT/CHAIRMAN)
  • ART TROTTIER (VICE PRESIDENT)

Highest reported compensation

  • SHAYNE ARSENAULT (GENERAL MANAGER): $139,804 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide orange county with cultural and education programs including instructions on ice hockey, skating and related sports for grammar school, high school and college programs and the general public through operation of an ice skating facility in orange county, California. Provide for the welfare of young people by the conduct of charitable activities and maintenance of services and facilities that will contribute to their physical, social, mental and spiritual health at a minimum cost to them or, where appropriate, at no cost to them.

What it reported doing in 2024

Club travel hockey - irvine ice foundation consisting of anaheim jr ducks, anaheim lady ducks, jr gulls and anaheim ducks high school hockey league is a youth hockey organization dedicated to the development of our players at every skill level. High level of competition, 2-3 weekly training sessions, travel for games and tournaments.- our "a/b" teams offer a balance of skill development and competition in the southern California amateur hockey association - tier ii "aa" players are offered skill development at a more complex level coupled with practice programs that are specifically designed for the advanced player. - extending this strong foundation, our tier i "aaa" teams gain the highest possible developmental and competitive learning experience by playing at the state, regional and national level. At the top level, our tier i "aaa" teams develop elite players who are capable of attaining their future hockey goals. - the anaheim lady ducks is a youth hockey organization committed to the growth of girl's hockey in southern California. The lady ducks are the leading girl's hockey program in southern California and all of the western united states, signing over 100 athletes to the ncaa at division i and iii collegiate levels. The lady ducks have a team for all levels: beginner/intermediate and elite players ages 5 to 19 years old.- anaheim ducks high school hockey leagues 18 and under with varsity and jr varsity levels. Current league with 55 teams in 28 schools.

Operating model

Revenue model
Earned-program. 92% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 98% 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. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 46
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.4%; rating input score 92
  • Program expense ratio: 82.3%; rating input score 82
  • Fundraising efficiency: $25.84 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -4.5%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 4.7; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.65; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 0.6%; rating input score 89; 89th percentile among comparable filings

Growth

  • Program expense growth: 24.1% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: 6.9% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: 92.4% of revenue deployed · 82.3% of spending went to programs
  • Governance: 5 of 5 board members independent · 7 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $18.4M in reported program spending
  • Leadership: top reported pay $140K · 8 people listed
  • Highest-paid contractors: 2 contractors listed · $955K reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 17/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.