COMMUNITY LEGACY HOCKEY FUND

EIN: 873297619 501(c)(3) Recreation & Sports

LAKEVILLE, MN

Total Revenue
$115,000
Total Expenses
$17,725
Total Assets
$581,958
Net Assets
$593,970
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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
2021
Legal Domicile
MN
Principal Officer
JAMES ANDREW GOBLIRSCH
Phone
6512452833
Tax Period
2024-04-01 to 2025-03-31

COMMUNITY LEGACY HOCKEY FUND, founded in 2021, is a small nonprofit in the Recreation & Sports sector that reported $115K in total revenue in fiscal year 2024. The organization ran a surplus of $97K, a strong 85% operating margin.

Mission

TO PROVIDE THE CHARITABLE SERVICE OF DEVELOPING HOCKEY FACILITIES AND RELATED EQUIPMENT FOR THE COMMUNITY'S HOCKEY PROGRAMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $115,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $115,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,700
Other Expenses $17,725
TOTAL EXPENSES $17,725

Year-over-Year Comparison

2024 2023 Change
Revenue $115,000 N/A N/A
Expenses $17,725 $3,275 +4.4%
Net Income $97,275 $-3,275 -30.7%
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
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES ANDREW GOBLIRSCH PRESIDENT N/A
Officer Director
$0 $0 $0
MAT GAROFALO VICE PRESIDE N/A
Officer Director
$0 $0 $0
RYAN BJORKSTRAND SECRETARY/TR N/A
Officer 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 $115,000 $17,725 $581,958 $97,275
2024 No data $3,275 $496,695 No data
2023 $500,000 $30 $499,970 $499,970
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