Lakers Hockey Club Association Inc
Nonprofit profile at a glance
- EIN
- 800769275
- IRS 990-EZ coverage
- 2015–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025
- Location
- Lake Villa, IL, USA
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Winter Sports
Reported finances
- Revenue
- $128,515
- Expenses
- $116,960
- Assets
- $16,892
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- LAURA TOMASSETTI (PRESIDENT)
People named in this filing
- LAURA TOMASSETTI (PRESIDENT)
- ROSE RABOR (TREASURER)
- SIOVHAN BLAU (SECRETARY)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of this corporation shall be to provide the best interest of and to enhance the education and social opportunities of the students attending grayslake community high school district 127, community high school district 117, grand community high school district 124 and any other associate schools in the event of a "combined team" status for any season as applicable. By forming an ice hockey club, the corporation believes the club will help the development of the students through organized sport, proper social environment and cultural exposure; foster friendship, camaraderie, and scholastic achievement, disciplined conduct, sportsmanship, and promote and regulate ice hockey for all the students as applicable in a competitive environment. It will also be the purpose of this corporation that all funds received as income will be utilized exclusively to support, maintain and grow the lakers hockey club association. At no time shall the net earnings of the corporation be used to be
What it reported doing in 2025
The purpose of this corporation shall be to provide the best interest of and to enhance the education and social opportunities of the students attending grayslake community high school district 127, community high school district 117, grand community high school district 124 and any other associate schools in the event of a "combined team" status for any season as applicable. By forming an ice hockey club, the corporation believes the club will help the development of the students through organized sport, proper social environment and cultural exposure; foster friendship, camaraderie, and scholastic achievement, disciplined conduct, sportsmanship, and promote and regulate ice hockey for all the students as applicable in a competitive environment. It will also be the purpose of this corporation that all funds received as income will be utilized exclusively to support, maintain and grow the lakers hockey club association. At no time shall the net earnings of the corporation be used to benefit any director, member of the lakers hockey club association, districts high schools, 127, 117 or 124, or any individual (except reasonable compensation paid in exchange for services rendered to or for the lakers hockey club association. To every extent possible, and upon a two-thirds vote of the executive board, the lakers hockey club association will reduce or waive fees in the event a member cannot pay all required fees. The corporation will operate under the auspices of USA hockey, inc. And its Illinois affiliate, the Illinois high school hockey league, amateur hockey association of Illinois, inc. And in general, to all things as may be necessary and appropriate in accomplishing the purpose herinabove set out.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 37
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.7%; rating input score 91
- Program expense ratio: 99.7%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 5.3% per year; rating input score 100; 46th percentile among comparable filings
- Revenue growth: 3.9% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: -2.1% per year; rating input score 0; 21st percentile among comparable filings
Details
- Where the money goes: 90.7% of revenue deployed · 99.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $117K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2015 to 2025
- 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 — Sustainability: Total-asset coverage ratio scored 15/100.
- Review — Sustainability: Operating margin scored 53/100.
- High — Growth: Asset growth scored 0/100.