LIGHTNING HIGH SCHOOL HOCKEY LEAGUE INC

EIN: 320470622 501(c)(3) Recreation & Sports

TAMPA, FL

Total Revenue
$981,429
Total Expenses
$983,050
Total Assets
$118,974
Net Assets
$101,730
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
FL
Principal Officer
JAY FEASTER
Phone
8133016500
Tax Period
2024-07-01 to 2025-06-30

LIGHTNING HIGH SCHOOL HOCKEY LEAGUE INC, founded in 2015, is a small nonprofit in the Recreation & Sports sector that reported $981K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

THE CORPORATION IS ORGANIZED AND OPERATED PRIMARILY TO INCREASE PARTICIPATION IN ICE HOCKEY AMONG FLORIDA HIGH SCHOOL STUDENTS, TO CREATE A DEVELOPMENTAL STRUCTURE THAT ALLOWS HIGH SCHOOL STUDENT-ATHLETES OF BOTH GENDERS TO IMPROVE THEIR ICE HOCKEY SKILLS, TO ELEVATE FLORIDA HIGH SCHOOL ICE HOCKEY TO A MORE ADVANCED, COMPETITIVE LEVEL, AND TO CREATE AN ENVIRONMENT WHERE STUDENT-ATHLETES RECOGNIZE THE IMPORTANCE OF ACADEMICS, AND THE NECESSITY OF GOOD SPORTSMANSHIP AND COMMUNITY SERVICE.

Program Service Accomplishments

Program 1
Expenses: $825,975 Revenue: $936,429

CONSISTENT WITH THE CORPORATION'S MISSION, THE BOARD OPERATES BOTH A SCHOOL VARSITY LEAGUE AS WELL AS A JV/DEVELOPMENT LEAGUE FOR HIGH SCHOOL PLAYERS. VARSITY PLAYERS COMPETE FOR A LEAGUE...

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CONSISTENT WITH THE CORPORATION'S MISSION, THE BOARD OPERATES BOTH A SCHOOL VARSITY LEAGUE AS WELL AS A JV/DEVELOPMENT LEAGUE FOR HIGH SCHOOL PLAYERS. VARSITY PLAYERS COMPETE FOR A LEAGUE CHAMPIONSHIP AND THE RIGHT TO ADVANCE TO THE SAHOF STATE PLAYOFFS. GAME ICE AND GAME OFFICIALS, INCLUDE ON-ICE OFFICIALS (4), SCOREBOARD OPERATOR AND OFFICIAL SCORER AT EACH RINK FOR EACH TEAM TO PLAY A 22-GAME REGULAR SEASON SCHEDULE, PLUS GAME ICE AND PRACTICE ICE FOR LEAGUE PLAYOFFS. PRACTICE ICE FOR EACH TEAM IS RENTED IN 1-HOUR BLOCKS FOR 20-WEEKS. DURING THE REGULAR SEASON, TEAMS MAY ELECT TO HOLD PRACTICE ICE IN RESERVE FOR USE IN THE PLAYOFFS, BUT ALL TEAMS ARE ENTITLED TO AND RECEIVE 20 HOURS OF PRACTICE ICE PER SEASON. EXPENSES ALSO INCLUDE STAFFING, TEAM AND LEAGUE EQUIPMENT AND TOURNAMENT EXPENSES RELATED TO OPERATING THE LEAGUE. REVENUE IS GENERATED FROM LEAGUE DUES COLLECTED FROM EACH PLAYER.

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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 $45,000
Program Service Revenue $936,429
Investment Income $0
Other Revenue $0
TOTAL REVENUE $981,429

Expense Breakdown

Grants Paid $4,138
Salaries & Benefits $223,959
Fundraising Expenses $0
Program Expenses $825,975
Other Expenses $754,953
TOTAL EXPENSES $983,050

Year-over-Year Comparison

2024 2023 Change
Revenue $981,429 $852,142 +0.2%
Expenses $983,050 $827,863 +0.2%
Net Income $-1,621 $24,279 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
2
Employees
N/A
Volunteers
125

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
4
$171,340
Total Directors
5
$171,340
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL BUBLY DIRECTOR 2.00
Director
$0 $0 $0
JAY FEASTER SECRETARY 3.00
Officer Director
$0 $0 $0
JOSH DREITH PRESIDENT 10.00
Officer Director
$0 $30,026 $171,340
MARK ROSENGARD DIRECTOR 2.00
Director
$0 $0 $0
MATT HILL VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
CHRISTOPHER RYBASTART 425 TREASURER 2.00
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 $981,429 $983,050 $118,974 $-1,621
2024 No data No data No data No data
2023 $733,418 $713,648 $79,072 $19,770
2022 $609,885 $622,818 $59,302 $-12,933
2021 $483,345 $552,850 $72,234 $-69,505
2020 $554,217 $550,238 $141,739 $3,979
2019 $566,557 $482,555 $137,760 $84,002
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