HERO'S CUP HOCKEY INC (EIN 821651064) - 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

2016

Legal Domicile

Principal Officer

JAIME NICHOLAS

Phone

9788777426

Tax Period

2023-01-01 to 2023-12-31

HERO'S CUP HOCKEY INC, founded in 2016, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $438K in total revenue in fiscal year 2023. Expenses of $498K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROMOTE HEALTH AND FITNESS TO FIRST RESPONDERS THROUGH HOCKEY WHILE RAISING AWARENESS AND FUNDS FOR MANY DIFFERENT CHARITIES.

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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 $456,075

Program Service Revenue $0

Investment Income $0

Other Revenue $-18,235

TOTAL REVENUE $437,840

Expense Breakdown

Grants Paid $229,972

Salaries & Benefits $38,203

Fundraising Expenses $16,550

Program Expenses $462,988

Other Expenses $229,613

TOTAL EXPENSES $497,788

Year-over-Year Comparison

	2023	2022	Change
Revenue	$437,840	$430,105	+0.0%
Expenses	$497,788	$420,832	+0.2%
Net Income	$-59,948	$9,273	-7.5%

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

$34,999

Total Directors

$34,999

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE MATROS	PRESIDENT (THROUGH 10/2023)	20.00	Officer Director	$13,333	$0	$13,333
CAITLIN MATROS	SECRETARY(THROUGH 10/2023)	15.00	Officer Director	$10,000	$0	$10,000
EJ NICHOLAS	PRESIDENT (EFFECTIVE 10/2023)	20.00	Officer Director	$5,833	$0	$5,833
JAIME NICHOLAS	SECRETARY(EFFECTIVE 10/2023)	20.00	Officer Director	$5,833	$0	$5,833
PAUL NICHOLAS	DIRECTOR	2.00	Director	$0	$0	$0
PAULA NICHOLAS	DIRECTOR	2.00	Director	$0	$0	$0
ROB DESMOND	TREASURER	2.00	Officer Director	$0	$0	$0
JACKLYN LANE	ASSISTANT CLERK	2.00	Officer Director	$0	$0	$0
MOLLY IRVING	DIRECTOR	2.00	Director	$0	$0	$0
LUKE PENDERGAST	DIRECTOR	2.00	Director	$0	$0	$0
JOHN WHITESIDES	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
2023	$437,840	$497,788	$4,786	$-59,948
2022	$430,105	$420,832	$41,594	$9,273
2021	$488,307	$440,986	$30,621	$47,321
2019	$414,047	$414,007	$18,871	$40
2018	$332,285	$329,685	$8,889	$2,600

HERO'S CUP HOCKEY INC