Mustang Hockey Association
Nonprofit profile at a glance
- EIN
- 993579871
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Lakewood, CO, USA
- Phone
- 9258950340
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $140,046
- Expenses
- $140,046
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- TERRY FAULHABER (PRESIDENT)
People named in this filing
- TERRY FAULHABER (PRESIDENT)
- TODD MCCASLIN (CONDUCT & CO)
- NICK SPINDER (VP/DIRECTOR)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
As a nonprofit youth sports organization, mha mission was to promote teamwork, discipline, and sportsmanship through the sport of ice hockey
What it reported doing in 2024
Competitive program expansion during the 20242025 season, mha successfully organized and operated amateur hockey programming for approximately 41 high school student- athletes. We fielded two competitive teams, which participated in both regional and state-level competitions. Practices and games were conducted at local ice arenas and led by certified coaches, all of whom provided structured instruction, mentorship, and a positive developmental environment for players. Organizational development this season saw the formal establishment of the mustang hockey association board of directors, consisting of a president, vice president, treasurer, secretary, and conduct and compliance officer. The board conducted monthly governance meetings guided by the mustang hockey association bylaws to support program integrity, operational decisions, and future planning. Scholarship and financial aid initiatives in response to the economic challenges some families faced, mha launched a player scholarship program aimed at supporting participants experiencing unexpected financial hardship, such as family crises. Through community fundraising events and donor contributions, we awarded two 500 scholarships to deserving players. All awards were approved through a unanimous vote by the board to ensure fairness and transparency. In addition, mha supported broader community initiatives by contributing to the arvada hockey association scholarship fund and collaborating on outreach efforts. Notably, we partnered with arvada hockey to support the Colorado mile high mites program, an entry-level program that introduces young children to hockey. Our players served as volunteers, assisting both on and off the ice throughout the season, and helped organize community events, including the luki fundraising night, which benefited local youth hockey programs. Community engagement and team building to strengthen internal cohesion and community ties, mha hosted several team dinners and club events throughout the season. These gatherings served to reinforce team camaraderie, celebrate player achievements, and promote a sense of belonging within the hockey community. Volunteerism remained a core value, and mha families organized meal trains and other forms of support for families in need during difficult times. Through these initiatives, mustang hockey association demonstrated its commitment not only to youth sports development, but also to community service and responsible governance.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 19
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.1%; rating input score 94
- Program expense ratio: 94.1%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 5.7%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 94.1% of revenue deployed · 94.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $132K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 23/100.