SAINT IGNACE HOCKEY ASSOCIATION INC (EIN 202978789) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

BRIDGETT SORENSON

Phone

9062981633

Tax Period

2022-05-01 to 2023-04-30

SAINT IGNACE HOCKEY ASSOCIATION INC, founded in 2004, is a micro nonprofit in the Recreation & Sports sector that reported $46K in total revenue in fiscal year 2022. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $26K, a strong 56% operating margin.

Mission

PRIMARY EXEMPT PURPOSE IS BOTH CHARITABLE AND EDUCATIONAL, WHICH DIRECTLY INVOLVE PROMOTING, ORGANIZING, AND REGULATING YOUTH HOCKEY.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $10,788

Program Service Revenue $34,878

Investment Income $0

Other Revenue $0

TOTAL REVENUE $45,666

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,921

Other Expenses $19,921

TOTAL EXPENSES $19,921

Year-over-Year Comparison

	2022	2021	Change
Revenue	$45,666	$59,660	-0.2%
Expenses	$19,921	$56,822	-0.6%
Net Income	$25,745	$2,838	+8.1%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIDGETT SORENSON	PRESIDENT	N/A	Officer Director	$0	$0	$0
TAMMY KOVACS	SECRETARY	N/A	Officer Director	$0	$0	$0
JESSIE HARDY	TREASURER	N/A	Officer Director	$0	$0	$0
ANDREA INSLEY	DIRECTOR	N/A	Director	$0	$0	$0
AMBER BIRD	DIRECTOR	N/A	Director	$0	$0	$0
BECKY BOUCHA	DIRECTOR	N/A	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
2023	$45,666	$19,921	$69,572	$25,745
2022	$59,660	$56,822	$43,827	$2,838
2021	$17,681	$15,202	$40,989	$2,479
2020	$101,563	$95,904	$38,510	$5,659
2019	$104,681	$113,802	$32,851	$-9,121

SAINT IGNACE HOCKEY ASSOCIATION INC