NEWARK ICE HOCKEY ASSOCIATION

EIN: 311446850 501(c)(3) Recreation & Sports

NEWARK, OH

Total Revenue
$406,526
Total Expenses
$397,658
Total Assets
$106,530
Net Assets
$75,346
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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
1995
Legal Domicile
OH
Principal Officer
BRYAN TONNESSEN
Phone
7407550472
Tax Period
2023-06-01 to 2024-05-31

NEWARK ICE HOCKEY ASSOCIATION, founded in 1995, is a small nonprofit in the Recreation & Sports sector that reported $407K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF THE NEWARK ICE HOCKEY ASSOCIATION IS TO TEACH THE YOUTH OF CENTRAL OHIO, SPORTSMANSHIP, FAIR PLAY, RESPECT FOR COACHES, REFEREES, PLAYERS AND FANS THROUGH THE SPORT OF ICE HOCKEY, SO THAT THEY CAN CONTINUE TO BE GOOD CITIZENS AND ENJOY THE SPORT OF ICE 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,713
Program Service Revenue $389,614
Investment Income $1,199
Other Revenue $0
TOTAL REVENUE $406,526

Expense Breakdown

Grants Paid $6,779
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $397,658
Other Expenses $390,879
TOTAL EXPENSES $397,658

Year-over-Year Comparison

2023 2022 Change
Revenue $406,526 $344,265 +0.2%
Expenses $397,658 $344,492 +0.2%
Net Income $8,868 $-227 -40.1%
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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Governance

Voting Members
15
Independent Members
15
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
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSS BLOOMBERG AT LARGE N/A
Director
$0 $0 $0
MIKE ECKHARDT WEBMASTER N/A
Director
$0 $0 $0
DOUGLAS HOYT AT LARGE N/A
Director
$0 $0 $0
JEFF LAIRD HOCKEY DIREC N/A
Director
$0 $0 $0
JESSICA LEE SPECIAL EVEN N/A
Director
$0 $0 $0
TIM OWEN AT LARGE REC N/A
Director
$0 $0 $0
ED PAINVIN CO TREASURER N/A
Director
$0 $0 $0
JOCELYN PATTON REGISTRAR N/A
Director
$0 $0 $0
MIKE PURINGTON SCHEDULER N/A
Director
$0 $0 $0
CARLA SMITH SECRETARY N/A
Director
$0 $0 $0
JEFF SPIKER AT LARGE FUN N/A
Director
$0 $0 $0
BRANDON YONKER AT LARGE N/A
Director
$0 $0 $0
DWAYNE BENEZE TREASURER N/A
Officer
$0 $0 $0
BRAD COOK VICE PRESIDE N/A
Officer
$0 $0 $0
BRYAN TONNESSEN PRESIDENT N/A
Officer
$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
2025 No data No data No data No data
2024 $406,526 $397,658 $106,530 $8,868
2023 $344,265 $344,492 $88,445 $-227
2022 $304,374 $306,469 $76,727 $-2,095
2021 $304,195 $280,837 $94,401 $23,358
2020 $324,149 $324,979 $45,833 $-830
2019 $349,926 $373,113 $47,066 $-23,187
2018 $388,645 $366,596 $70,253 $22,049
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