SHREWSBURY YOUTH HOCKEY ASSOCIATION

EIN: 042791606 501(c)(3)

SHREWSBURY, MA

Total Revenue
$302,963
Total Expenses
$278,777
Total Assets
$60,839
Net Assets
$55,339
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
MA
Principal Officer
DENNIS SEROCKI
Phone
5088452063
Tax Period
2018-06-01 to 2019-05-31

SHREWSBURY YOUTH HOCKEY ASSOCIATION, founded in 1973, is a small nonprofit that reported $303K in total revenue in fiscal year 2018. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $279K left a modest 8% surplus.

Mission

TO PROVIDE INSTRUCTIONAL AND RECREATIONAL SKATING AND HOCKEY FOR CHILDREN IN SHREWSBURY AND THE SURROUNDING COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $264,286 Revenue: $261,498

SHREWSBURY YOUTH HOCKEY ASSOCIATION (SYHA) PLAYER DEVELOPMENT PROGRAMS HELP TO DEVELOP PLAYERS' TECHNICAL ABILITIES THROUGH LEARN TO SKATE CLASSES. SYHA ALSO HAS A HOUSE LEAGUE IN WHICH PLAYERS AGE 4...

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SHREWSBURY YOUTH HOCKEY ASSOCIATION (SYHA) PLAYER DEVELOPMENT PROGRAMS HELP TO DEVELOP PLAYERS' TECHNICAL ABILITIES THROUGH LEARN TO SKATE CLASSES. SYHA ALSO HAS A HOUSE LEAGUE IN WHICH PLAYERS AGE 4 TO 7 LEARN TO PLAY HOCKEY. SYHA ALSO HAS ORGANIZED YOUTH HOCKEY TEAMS WHICH PLAY HOCKEY GAMES IN ORGANIZED YOUTH HOCKEY LEAGUES, AND HAVE WEEKLY TEAM PRACTICES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $30,367
Program Service Revenue $259,029
Investment Income $332
Other Revenue $13,235
TOTAL REVENUE $302,963

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $264,286
Other Expenses $278,777
TOTAL EXPENSES $278,777

Year-over-Year Comparison

2018 2017 Change
Revenue $302,963 $272,533 +0.1%
Expenses $278,777 $296,716 -0.1%
Net Income $24,186 $-24,183 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN LLOYD PRESIDENT 2.00
Officer Director
$0 $0 $0
PATRICK MOORE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
KRISSY BISSONNETTE SECRETARY 1.00
Officer Director
$0 $0 $0
BRIAN DESRUISSEAUX TREASURER 2.00
Officer Director
$0 $0 $0
CHRIS ARSENAULT BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN CUTTING BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTA DUPREY BOARD MEMBER 1.00
Director
$0 $0 $0
HARRY GASTON BOARD MEMBER 1.00
Director
$0 $0 $0
DENNIS SEROCKI BOARD MEMBER 1.00
Director
$0 $0 $0
RICK MAHONEY BOARD MEMBER 1.00
Director
$0 $0 $0
KIM MARQUES BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE SALOVARDOS BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN O'BRIEN BOARD MEMBER 1.00
Director
$0 $0 $0
DUNCAN MACRAE BOARD MEMBER 1.00
Director
$0 $0 $0
BRYAN GOODCHILD BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $302,963 $278,777 $60,839 $24,186
2019 $2,392 $1,335 No data $1,057
2018 $272,533 $296,716 $82,103 $-24,183
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