RALEIGH YOUTH HOCKEY ASSOCIATION (EIN 561578314) - 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

1987

Legal Domicile

Principal Officer

Lori Parro

Phone

9198465012

Tax Period

2024-06-01 to 2025-05-31

RALEIGH YOUTH HOCKEY ASSOCIATION, founded in 1987, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2024.

Mission

To teach the art of skating to all participating in the program. To include but not limited to team leagues, camps and educational clinics to participants within the Triangle and surrounding North Carolina areas. To instruct participating youth in the fundamental skills of ice hockey by providing qualified, certified coaching at all levels. To instill the necessary attitudes for team spirit, sportsmanship and fair play through success and cooperative effort. To provide an environment where each player, regardless of age, race, sex, religion, color, or ethnic background is treated fairly, with respect and in a positive supportive manner. To foster safety, fairness, and fun.

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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 $101,980

Program Service Revenue $4,097,727

Investment Income $40,675

Other Revenue $69,044

TOTAL REVENUE $4,309,426

Expense Breakdown

Grants Paid $7,500

Salaries & Benefits $294,818

Fundraising Expenses $0

Program Expenses $4,344,668

Other Expenses $4,042,350

TOTAL EXPENSES $4,344,668

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,309,426	$4,079,915	+0.1%
Expenses	$4,344,668	$3,852,505	+0.1%
Net Income	$-35,242	$227,410	-1.2%

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

$101,548

Total Directors

$28,169

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAY IRVINE	PRESIDENT & VP FINANCE	8.00	Officer Director	$500	$0	$500
DENISE CHERNOFF	DIRECTOR AT LARGE	8.00	Director	$500	$0	$500
STEPHANIE TOMKO	SECRETARY	8.00	Officer Director	$500	$0	$500
DANIELLE WEBSTER	DIRECTOR AT LARGE	8.00	Director	$26,169	$0	$26,169
CARRIE BOWDEN	DIRECTOR AT LARGE	0.00	Director	$0	$0	$0
DAPHNE CONNOR	DIRECTOR AT LARGE	1.00	Director	$500	$0	$500
BOBBY HATHAWAY	DIRECTOR AT LARGE	0.00	Director	$0	$0	$0
STEVE HENLEY	EXECUTIVE DIRECTOR	30.00	Officer	$50,274	$0	$50,274
JOCELYN LANGLOIS	EXECUTIVE DIRECTOR	30.00	Officer	$50,274	$0	$50,274

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	$4,309,426	$4,344,668	$4,214,238	$-35,242
2024	$4,079,915	$3,852,505	$4,069,281	$227,410
2023	$3,524,314	$3,394,599	$3,806,972	$129,715
2022	$3,352,684	$3,301,788	$3,217,164	$50,896
2021	$2,844,235	$2,646,487	$1,277,191	$197,748
2020	$2,216,293	$2,256,113	$336,620	$-39,820
2019	$1,888,469	$1,884,029	$2,178,013	$4,440
2018	$1,720,653	$1,616,491	$1,715,743	$104,162

RALEIGH YOUTH HOCKEY ASSOCIATION