West Michigan Hockey Youth Foundation Inc

EIN: 383238277 501(c)(3) Recreation & Sports

GRAND RAPIDS, MI

Total Revenue
$441,990
Total Expenses
$307,124
Total Assets
$401,868
Net Assets
$379,784
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
MI
Principal Officer
BOB KASER
Phone
6169705437
Tax Period
2023-07-01 to 2024-06-30

West Michigan Hockey Youth Foundation Inc, founded in 1995, is a small nonprofit in the Recreation & Sports sector that reported $442K in total revenue in fiscal year 2023. The organization ran a surplus of $135K, a strong 31% operating margin.

Mission

PROMOTES ACADEMIC EXCELLENCE, COMMUNITY INVOLVEMENT AND HEALTHY LIFESTYLES AMONG THE YOUTH OF WEST MICHIGAN, ENHANCING THEIR LIVES THROUGH HOCKEY AND ICE-RELATED SPORTS.

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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 $393,337
Program Service Revenue $0
Investment Income $165
Other Revenue $48,488
TOTAL REVENUE $441,990

Expense Breakdown

Grants Paid $2,098
Salaries & Benefits $91,998
Fundraising Expenses $13,832
Program Expenses $278,116
Other Expenses $213,028
TOTAL EXPENSES $307,124

Year-over-Year Comparison

2023 2022 Change
Revenue $441,990 $415,691 +0.1%
Expenses $307,124 $308,378 0.0%
Net Income $134,866 $107,313 +0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
6
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
$42,031
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN LANGSETH EXECUTIVE DIRECTOR (PART YEAR) 40.0
Officer
$35,385 $0 $35,385
JENNIFER LARDIE EXECUTIVE DIRECTOR (PART YEAR) 40.0
Officer
$6,646 $0 $6,646
Robert Kaser President 0.7
Officer Director
$0 $0 $0
Scott Jacobs Vice President 0.7
Officer Director
$0 $0 $0
Randy Cleves Trustee 0.7
Director
$0 $0 $0
Terri DeBoer Trustee 0.7
Director
$0 $0 $0
James Gaudette Trustee 0.7
Director
$0 $0 $0
Mike Knuble Trustee 0.7
Director
$0 $0 $0
Cole DeVos Trustee 0.7
Director
$0 $0 $0
Susan Howe Treasurer 0.7
Director
$0 $0 $0
Scott Gorsline Trustee 0.7
Director
$0 $0 $0
David Phelps Trustee 0.7
Director
$0 $0 $0
Jason Madden Trustee 0.7
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
2025 No data No data No data No data
2024 $441,990 $307,124 $401,868 $134,866
2023 $415,691 $308,378 $248,644 $107,313
2022 $161,707 $302,676 $61,643 $-140,969
2021 $93,175 $157,671 $201,095 $-64,496
2020 $295,492 $397,353 $266,097 $-101,861
2019 $335,736 $352,479 $393,221 $-16,743
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