HOCKEY CLUB FAIRBANKS INC BRICE

EIN: 812341821 Recreation & Sports

FAIRBANKS, AK

Total Revenue
$1,623,155
Total Expenses
$1,535,250
Total Assets
$1,337,382
Net Assets
$860,712
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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
2016
Legal Domicile
AK
Principal Officer
LUTHER BRICE
Phone
9076875817
Tax Period
2023-07-01 to 2024-06-30

HOCKEY CLUB FAIRBANKS INC BRICE, founded in 2016, is a community nonprofit in the Recreation & Sports sector that reported $1.6M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 5% surplus.

Mission

HOCKEY CLUB FAIRBANKS WILL PROVIDE A FUN, SAFE, AND SUPERVISED ATMOSPHERE FOR HOCKEY INSTRUCTION THAT EMPHASIZES SKILL DEVELOPMENT FOR ALL CLUB PLAYERS.

Program Service Accomplishments

Program 1
Expenses: $1,327,846 Revenue: $158,363

HOCKEY CLUB FAIRBANKS WILL PROVIDE A FUN, SAFE, AND SUPERVISED ATMOSPHERE FOR HOCKEY INSTRUCTION THAT EMPHASIZES SKILL DEVELOPMENT FOR ALL CLUB PLAYERS.

Program 2
Expenses: $470

HOCKEY CLUB FAIRBANKS WILL BUILD PARTNERSHIPS WITH PARENTS TO SUPPORT THE INDIVIDUAL NEEDS OF EACH HOCKEY PLAYER.

Program 3
Expenses: $43,581

HOCKEY CLUB FAIRBANKS WILL PROVIDE TRAINED, ACCOUNTABLE COACHES AT EACH LEVEL OF PLAY.

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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 $1,441,298
Program Service Revenue $158,363
Investment Income $0
Other Revenue $23,494
TOTAL REVENUE $1,623,155

Expense Breakdown

Grants Paid $0
Salaries & Benefits $93,673
Fundraising Expenses $0
Program Expenses $1,514,637
Other Expenses $1,441,577
TOTAL EXPENSES $1,535,250

Year-over-Year Comparison

2023 2022 Change
Revenue $1,623,155 $1,487,954 +0.1%
Expenses $1,535,250 $1,395,403 +0.1%
Net Income $87,905 $92,551 -0.1%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
6
Volunteers
200

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LUTHER BRICE PRESIDENT N/A
Officer Director
$0 $0 $0
MEGAN BUNCH TREASURER N/A
Officer Director
$0 $0 $0
ANNA CULLEY SECRETARY N/A
Officer Director
$0 $0 $0
DAVID SZUMIGALA VICE PRESIDE N/A
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 $1,623,155 $1,535,250 $1,337,382 $87,905
2023 $1,487,954 $1,395,403 $1,238,758 $92,551
2022 $1,778,314 $1,102,837 $1,161,900 $675,477
2021 $723,453 $785,418 $32,237 $-61,965
2020 $742,688 $717,726 $53,860 $24,962
2019 $251,212 $279,901 $34,344 $-28,689
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