HOBEY BAKER MEMORIAL AWARD FOUNDATION (EIN 411721288) - Form 990 Financial Analysis & Trantor Score

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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

1992

Legal Domicile

Principal Officer

WALLACE OLSON

Phone

6123282914

Tax Period

2024-07-01 to 2025-06-30

HOBEY BAKER MEMORIAL AWARD FOUNDATION, founded in 1992, is a small nonprofit in the Education sector that reported $116K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $110K left a modest 6% surplus.

Mission

TO SELECT THE TOP TEN COLLEGE HOCKEY PLAYERS IN THE UNITED STATES FOR EACH SEASON, THERECIPIENT OF THE HOBEY BAKER MEMORIAL AWARD FOR EACH SEASON, AND HONORA LEGEND OF COLLEGE HOCKEY EACH YEAR FOR THEIR SUPPORT AND LEADERSHIPIN SUPPORTING COLLEGE 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $237,062

Program Service Revenue $0

Investment Income $2,702

Other Revenue $-123,642

TOTAL REVENUE $116,122

Expense Breakdown

Grants Paid $300

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $74,615

Other Expenses $109,316

TOTAL EXPENSES $109,616

Year-over-Year Comparison

	2024	2023	Change
Revenue	$116,122	$168,039	-0.3%
Expenses	$109,616	$105,813	+0.0%
Net Income	$6,506	$62,226	-0.9%

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

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
JIM NICHOLS	CHAIRMAN	15.00	Officer Director	$0	$0	$0
WALLACE OLSON	PRESIDENT	15.00	Officer Director	$0	$0	$0
JON DOEHR	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
LANCE MADSON	TREASURER	5.00	Officer Director	$0	$0	$0
TREVOR LARSEN	SECRETARY	5.00	Officer Director	$0	$0	$0
CHUCK RANNEY	DIRECTOR	2.00	Director	$0	$0	$0
COREY GROTHMAN	DIRECTOR	2.00	Director	$0	$0	$0
GARY HAUGEN	DIRECTOR	2.00	Director	$0	$0	$0
JAMES MARTIN	DIRECTOR	2.00	Director	$0	$0	$0
JOEY REILLY	DIRECTOR	2.00	Director	$0	$0	$0
JOHN DAHL	DIRECTOR	2.00	Director	$0	$0	$0
JOHN RUSSO	DIRECTOR	2.00	Director	$0	$0	$0
TOM HAUSER	DIRECTOR	2.00	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	$116,122	$109,616	$467,462	$6,506
2024	$168,039	$105,813	$460,956	$62,226
2023	$163,164	$76,978	$398,730	$86,186
2022	$102,166	$52,601	$312,544	$49,565

HOBEY BAKER MEMORIAL AWARD FOUNDATION