NEW HAMPSHIRE AMATEUR ICE SPORTS ATHLETIC FOUNDATION

EIN: 113706881 501(c)(3)

HOOKSETT, NH

Total Revenue
$498
Total Expenses
$13,289
Total Assets
$93,439
Net Assets
$93,439
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NH
Principal Officer
JEREMY VEGA
Phone
6038485212
Tax Period
2020-01-01 to 2020-12-31

NEW HAMPSHIRE AMATEUR ICE SPORTS ATHLETIC FOUNDATION, founded in 2009, is a micro nonprofit that reported $498 in total revenue in fiscal year 2020. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $13K exceeded revenue, resulting in a 2568% operating deficit.

Mission

THE PURPOSE OF THE ASSOCIATION IS TO FOSTER NATIONAL AND INTERNATIONAL SPORTS COMPETITION. TO SPONSOR TEAMS AND COMPETITIONS TO SUPPORT AND DEVELOP AMATEUR ATHLETES FOR COMPETION. TO SPONSOR AMATEUR ATHLETES WHO ARE UNABLE TO AFFORD PARTICIPATION IN AMETEUR ICE SPORTS AND TO PROVIDE OPPORTUNITIES TO YOUTH OF THE AREA COMMUNITIES AND REGION TO COMBAT JUVENILE DELINQUENCY. DURING 2020 NH AMATEUR ICE SPORTS ATHLETIC FOUNDATION CEASED ITS OPERATIONS, AND DURING 2021 IS IN THE PROCESS OF DISSOLVING THE ORGANIZATION AND DISTRIBUTING ITS ASSETS (AFTER PAYMENT OF ALL DEBTS AND EXPENSES) PURSUANT TO ITS BYLAWS AND AS APPROVED BY ITS BOARD OF DIRECTORS. WE ANTICIPATE THAT THE FORM 990 FILED FOR 2021 WILL REFLECT THE COMPLETE TERMINATION OF THIS FOUNDATION.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $498
Investment Income $0
Other Revenue $0
TOTAL REVENUE $498

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,279
Other Expenses $13,289
TOTAL EXPENSES $13,289

Year-over-Year Comparison

2020 2019 Change
Revenue $498 $171,051 -1.0%
Expenses $13,289 $133,085 -0.9%
Net Income $-12,791 $37,966 -1.3%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEREMY VEGA PRESIDENT 0.50
Officer Director
$0 $0 $0
BRIANNA TREMBLAY TREASURER 0.00
Officer Director
$0 $0 $0
JUSTIN L BILLINGS DIRECTOR 0.00
Director
$0 $0 $0
JOSEPH FABEC DIRECTOR 0.00
Director
$0 $0 $0
LYNNE ANN MURPHY DIRECTOR 0.00
Director
$0 $0 $0
MERRITT WALKER IV DIRECTOR 0.00
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
2020 $498 $13,289 $93,439 $-12,791
2019 $171,051 $133,085 $106,230 $37,966
2018 $560,211 $529,142 $226,116 $31,069
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