FLORIDA FURY HOCKEY FOUNDATION & CLUB INC

EIN: 201054792 501(c)(3) Recreation & Sports

Lighthouse Point, FL

Total Revenue
$499,721
Total Expenses
$490,385
Total Assets
$22,885
Net Assets
$-127,115
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
FL
Principal Officer
Lee Klosty
Phone
5617023400
Tax Period
2024-01-01 to 2024-12-31

FLORIDA FURY HOCKEY FOUNDATION & CLUB INC, founded in 2004, is a small nonprofit in the Recreation & Sports sector that reported $500K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

THE FOUNDATION IS DEDICATED TO PROVIDING ICE HOCKEY PROGRAMS, THAT ARE FOCUSED ON HELPING LOW-INCOME AND UNDERPRIVILEGED YOUTH, TO LEARN THE VALUES OF TEAMWORK, SPORTSMANSHIP, COMMITMENT, ACCOUNTABILITY, SELF-ESTEEM, ETC

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $499,721
Investment Income $0
Other Revenue $0
TOTAL REVENUE $499,721

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $490,385
TOTAL EXPENSES $490,385

Year-over-Year Comparison

2024 2023 Change
Revenue $499,721 $432,485 +0.2%
Expenses $490,385 $421,111 +0.2%
Net Income $9,336 $11,374 -0.2%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
N/A
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lee Klosty Volunteer 20.00
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
2024 $499,721 $490,385 $22,885 $9,336
2023 $432,485 $421,111 $13,550 $11,374
2022 $424,226 $396,261 No data $27,965
2021 $442,044 $446,647 $24,292 $-4,603
2020 $195,840 $301,691 $58,571 $-105,851
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