MORRIS COUNTY SECONDARY SCHOOLS IC… - Form 990 Financial Data

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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

1985

Legal Domicile

Phone

9739660800

Tax Period

2023-06-01 to 2024-05-31

MORRIS COUNTY SECONDARY SCHOOLS ICE HOCKEY LEAGUE INC, founded in 1985, is a small nonprofit in the Recreation & Sports sector that reported $190K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $213K exceeded revenue, resulting in a 12% operating deficit.

Mission

PROMOTING HIGH SCHOOL ICE HOCKEY TO MORRIS COUNTY RESIDENTS

Program Service Accomplishments

Program 1

Expenses: $210,088 Revenue: $198,841

MORRIS COUNTY SECONDARY SCHOOLS ICE HOCKEY LEAGUE,INC.ORGANIZES HOCKEY GAMES AND PRACTICES FOR MORRIS COUNTY HIGH SCHOOLS THAT HAVE TEAMS SUBMITTED INTO THE LEAGUE. MORRIS COUNTY SECONDARY SCHOOLS...

MORRIS COUNTY SECONDARY SCHOOLS ICE HOCKEY LEAGUE,INC.ORGANIZES HOCKEY GAMES AND PRACTICES FOR MORRIS COUNTY HIGH SCHOOLS THAT HAVE TEAMS SUBMITTED INTO THE LEAGUE. MORRIS COUNTY SECONDARY SCHOOLS ICE HOCKEY LEAGUE,INC. SECURES THE ICE, REFS, OFF ICE OFFICIALS, AND PRACTICE ICE FOR ALL TEAMS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $187,736

Investment Income $0

Other Revenue $2,170

TOTAL REVENUE $189,906

Expense Breakdown

Grants Paid $2,975

Salaries & Benefits $11,750

Fundraising Expenses $0

Program Expenses $210,088

Other Expenses $197,903

TOTAL EXPENSES $212,628

Year-over-Year Comparison

	2023	2022	Change
Revenue	$189,906	$225,463	-0.2%
Expenses	$212,628	$226,539	-0.1%
Net Income	$-22,722	$-1,076	+20.1%

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

$14,110

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT HARAKA	PRESIDENT	5.00	Officer	$3,000	$0	$3,000
JOANNE DZAMA	SECRETARY	5.00	Officer	$1,000	$0	$1,000
KENNETH ALEVRAS	TREASURER	6.00	Officer	$8,360	$0	$8,360
NED PANFILE	VICE PRESIDENT	5.00	Officer	$1,750	$0	$1,750

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
2025	No data	No data	No data	No data
2024	$189,906	$212,628	$80,024	$-22,722
2023	$225,463	$226,539	$102,746	$-1,076
2022	$277,157	$217,739	$103,822	$59,418
2021	$167,416	$148,212	$44,402	$19,204
2020	$225,916	$214,966	$27,369	$10,950
2019	$205,469	$204,677	$16,420	$792

MORRIS COUNTY SECONDARY SCHOOLS ICE HOCKEY LEAGUE INC