HURON HOCKEY & SKATING ASSOCIATION

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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

1994

Legal Domicile

Principal Officer

MATTHEW BURESH

Phone

9899840123

Tax Period

2023-07-01 to 2024-06-30

HURON HOCKEY & SKATING ASSOCIATION, founded in 1994, is a small nonprofit in the Recreation & Sports sector that reported $194K in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. Net assets of $860K represent 53 months of operating reserves.

Mission

PROVIDE YOUTH SKATING AND HOCKEY PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $188,204 Revenue: $111,203

PROVIDED TO THE YOUTH OF IOSCO AND SURROUNDING COUNTIES, A LOW COST SKATING FACILITY TO EDUCATE IN THE SPORT OF HOCKEY AND SKATING AND TO FOSTER AND PERPETUATE THE GROWTH OF THESE SPORTS IN THE AREA...

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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 $21,220

Program Service Revenue $100,361

Investment Income $50

Other Revenue $72,368

TOTAL REVENUE $193,999

Expense Breakdown

Grants Paid $0

Salaries & Benefits $39,941

Fundraising Expenses $0

Program Expenses $188,204

Other Expenses $165,019

TOTAL EXPENSES $204,960

Year-over-Year Comparison

	2023	2022	Change
Revenue	$193,999	$241,424	-0.2%
Expenses	$204,960	$216,709	-0.1%
Net Income	$-10,961	$24,715	-1.4%

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

Volunteers

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
CHRIS DELAGE	DIRECTOR	2.00	Director	$0	$0	$0
ROB DUNCAN	DIRECTOR	2.00	Director	$0	$0	$0
ERIC MILLER	DIRECTOR	2.00	Director	$0	$0	$0
MATT PRIMM	VICE PRESIDE	2.00	Director	$0	$0	$0
KATIE BINDER	SECRETARY	2.00	Officer	$0	$0	$0
MATTHEW BURESH	PRESIDENT	8.00	Officer	$0	$0	$0
MARISA NUNN	TREASURER	8.00	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	No data	No data	No data	No data
2024	$193,999	$204,960	$862,211	$-10,961
2023	$241,424	$216,709	$872,193	$24,715
2022	$166,092	$178,446	$847,552	$-12,354
2021	$101,759	$133,337	$859,506	$-31,578
2020	$117,752	$133,846	$890,973	$-16,094
2019	$98,986	$157,233	$906,574	$-58,247