Civic Intelligence

Owatonna Youth Hockey Association

EIN 23-7087210 • 501(c)3 • Owatonna, MN

Profile

The objective of the owatonna youth hockey association is to develop a competitive hockey program that will result in each player developing to the maximum of his or her ability while having fun. The program will attempt to achieve consistency in all levels. The program will provide every youth in owatonna with the opportunity to play organized hockey with players of comparable skill and interest. In owatonna with the opportunity to play organized hockey with players of comparable skill and interest.

PO Box 76Owatonna, MN 55060

www.owatonnahockey.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

29th percentile

0.03x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.02x

Higher debt load relative to revenue than 20% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

61st percentile

9.7%

Higher net margin than 61% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

26th percentile

$42,400

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 10.1% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

77th percentile

17%

Faster asset growth than 77% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-15%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$345,704

Up $49,457 (+17%) from 2023

Liabilities

Up

$9,789

Up $3,899 (+66%) from 2023

Net Assets

Up

$335,915

Up $45,558 (+16%) from 2023

Revenue

Down

$419,833

Down $71,747 (-15%) from 2023

Expenses

Up

$379,080

Up $10,535 (+2.9%) from 2023

Net Income

Down

$40,753

Down $82,282 (-67%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2012: $261,714Liabilities 2012: $132Net Assets 2012: $261,5822012Assets 2013: $248,614Liabilities 2013: $42Net Assets 2013: $248,5722013Assets 2014: $255,689Liabilities 2014: $396Net Assets 2014: $255,2932014Assets 2015: $269,955Liabilities 2015: $475Net Assets 2015: $269,4802015Assets 2016: $300,380Liabilities 2016: $68Net Assets 2016: $300,3122016Assets 2017: $291,611Liabilities 2017: $68Net Assets 2017: $291,5432017Assets 2018: $316,017Liabilities 2018: $0Net Assets 2018: $316,0172018Assets 2019: $323,567Liabilities 2019: $37Net Assets 2019: $323,5302019Assets 2020: $275,179Liabilities 2020: $23,075Net Assets 2020: $252,1042020Assets 2021: $258,209Liabilities 2021: $1,137Net Assets 2021: $257,0722021Assets 2022: $172,051Liabilities 2022: $4,427Net Assets 2022: $167,6242022Assets 2023: $296,247Liabilities 2023: $5,890Net Assets 2023: $290,3572023Assets 2024: $345,704Liabilities 2024: $9,789Net Assets 2024: $335,9152024

Highlighted filing

2024

Assets$345,704
Liabilities$9,789
Net Assets$335,915

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2012: $74,3182012Expenses 2013: $61,5062013Revenue 2014: $174,454Expenses 2014: $167,733Net Income 2014: $6,7212014Revenue 2015: $181,463Expenses 2015: $167,276Net Income 2015: $14,1872015Revenue 2016: $212,856Expenses 2016: $182,024Net Income 2016: $30,8322016Revenue 2017: $156,230Expenses 2017: $164,999Net Income 2017: -$8,7692017Revenue 2018: $286,736Expenses 2018: $262,262Net Income 2018: $24,4742018Revenue 2019: $312,417Expenses 2019: $304,904Net Income 2019: $7,5132019Revenue 2020: $246,166Expenses 2020: $317,592Net Income 2020: -$71,4262020Revenue 2021: $180,231Expenses 2021: $177,481Net Income 2021: $2,7502021Revenue 2022: $267,924Expenses 2022: $411,294Net Income 2022: -$143,3702022Revenue 2023: $491,580Expenses 2023: $368,545Net Income 2023: $123,0352023Revenue 2024: $419,833Expenses 2024: $379,080Net Income 2024: $40,7532024

Highlighted filing

2024

Revenue$419,833
Expenses$379,080
Net Income$40,753

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 5, 2025
Return Version
2023v6.0
Gross Receipts
$6,068,442
Mission and Program Overview

Mission

The objective of the owatonna youth hockey association is to develop a competitive hockey program that will result in each player developing to the maximum of his or her ability while having fun. The program will attempt to achieve consistency in all levels. The program will provide every youth in owatonna with the opportunity to play organized hockey with players of comparable skill and interest.

See page 2, part iii, line 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$213,452$315,334▲ $101,882
Investments in Publicly Traded Securities$52,454--
Savings and Temporary Cash Investments$30,341$30,370▲ $29
Total Assets$296,247$345,704▲ $49,457
Liabilities
Accounts Payable and Accrued Expenses$3,836$5,597▲ $1,761
Other Liabilities$954$3,392▲ $2,438
Deferred Revenue$1,100$800▼ $300
Total Liabilities$5,890$9,789▲ $3,899
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$290,357$335,915▲ $45,558
Total Net Assets Fund Balance$290,357$335,915▲ $45,558
Total Liabilities and Net Assets / Fund Balance$296,247$345,704▲ $49,457
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mary KelvieTreasurerFT$42,400$42,400

Board Members and Trustees

NameTitle
Scott MohsPresident
Alex PetesonDirector
Andy WinkelsDirector
Chad HackerDirector
Eric StandkeDirector
Kelly OlsonDirector
Mikel AkersDirector
Nick FlatgardDirector
Nick LewisDirector
Ricky MaganaDirector
Tanner GrimmiusDirector
Jason House1st Vice Pre
Devin Laiho2nd Vice Pre
Colleen RehmanGambling Man
Steve RickSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$109,258
Program Service Revenue
$268,055
Investment Income
$1,513
Other Revenue
$41,007
All Other Contributions
$109,258
Change in Net Assets
$40,753

Audited Revenue Reconciliation

Revenue per Audited Statements
$419,833
Revenue Not Reported on Form 990
$5,649,099
Total Revenue per Audited Statements
$6,068,932
Total Revenue per Form 990
$419,833
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$332,092
Salaries, Compensation, and Employee Benefits$46,988
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$93,890--$93,890
Current Officers, Directors, Trustees, and Key Employees$38,160$4,240-$42,400
Other Expenses$21,690--$21,690
Advertising$14,587--$14,587
All Other Expenses$6,558$684-$7,242
Insurance$5,689$632-$6,321
Fees for Services Accounting-$3,499-$3,499
Payroll Taxes$2,990$332-$3,322
Office Expenses$525$875-$1,400
Pension Plan Contributions$1,139$127-$1,266
Total Functional Expenses$368,691$10,389$0$379,080

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,027,689
Expenses Not Reported on Form 990$5,648,609
Expenses per Audited Statements$379,080
Total Expenses per Form 990$379,080
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$5,600,710
Gaming Direct Expenses$5,597,658
Fundraising Gross Income$88,906
Fundraising Direct Expenses$50,951
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$88,906$88,906$10,524$78,382
Total Events$88,906$88,906$50,951$37,955
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Linke Bingo$3,392
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization is made up of a board of directors and are elected to one year terms.

Form 990, Page 6, Part VI, Line 7A

The organization's members elect the board of directors.

Form 990, Page 6, Part VI, Line 7B

The decisions of the governing body are subject to approval through a membership majority vote.

Form 990, Page 6, Part VI, Line 11B

The board reviews and discuss the 990 at its first meeting after the return is filed with the service center.

Form 990, Page 6, Part VI, Line 19

Information is available upon request; however, no request was made in the current year.

Filing and Contact Details

Filer

Filer Name
Owatonna Youth Hockey Association
EIN
23-7087210
Phone
5074561427
Address
PO BOX 76, OWATONNA, MN 55060

Signing Officer

Name
Scott Mohs
Title
President
Phone
5074561427
Signed
2025-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Mohs
Formed
1969
Legal Domicile
Mn
Voting Board Members
16
Independent Board Members
16
Employees
4

Preparer

Firm
Burkhardt & Burkhardt Ltd
Address
430 S BROAD ST STE 100, MANKATO, MN 56001
Preparer
Jeffrey Burkhardt
Phone
5073871338
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The objective of the owatonna youth hockey association is to develop a competitive hockey program that will result in each player developing to the maximum of his or her ability while having fun. The program will attempt to achieve consistency in all levels. The program will provide every youth in owatonna with the opportunity to play organized hockey with players of comparable skill and interest. In owatonna with the opportunity to play organized hockey with players of comparable skill and interest.

Form 990, Part IX, Line 11G

Coaching 42,966 0 0 coordinator 13,410 0 0 emt 3,944 0 0 referees 33,570 0 0 total 93,890 0 0

Form 990, Part XI, Line 9

Special event expense netted with revenue for tax purposes 5,597,658 fundraising expense netted with revenue for tax purposes 50,951 special event expense netted with revenue for tax purposes -5,597,658 fundraising expense netted with revenue for tax purposes -50,951

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Special event expense netted with revenue for tax purposes 5,597,658 fundraising expense netted with revenue for tax purposes 50,951

Schedule D, Page 4, Part XII, Line 2D

Special event expense netted with revenue for tax purposes 5,597,658 fundraising expense netted with revenue for tax purposes 50,951

Schedule D, Page 4, Part XIII

Owatonna youth hockey association, inc (oyha) is organized as a minnesota nonprofit corporation and is recognized by the internal revenue service (irs) as exempt from income taxes under section 501(c)(3) of the internal revenue code. In addition, oyha has been determined by the internal revenue service not to be a private foundation within the meaning of section 509(a) of the internal revenue code and qualifies for the charitable contribution deduction under section 170(b)(i)(a)(vi). Oyha is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, oyha is subject to income tax on net income that is derived from business activities unrelated to its exempt purposes. Management has determined that oyha is subjected to unrelated business income tax and has filed an exempt organization business income return (form 990-t) with the irs. The organization's policy is to recognize interest expense and penalties related to income tax matters within its provision for income taxes. Management of the organization believes there is appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements.

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IRS990/MissionDesc0THE OBJECTIVE OF THE OWATONNA YOUTH HOCKEY ASSOCIATION IS TO DEVELOP A COMPETITIVE HOCKEY PROGRAM THAT WILL RESULT IN EACH PLAYER DEVELOPING TO THE MAXIMUM OF HIS OR HER ABILITY WHILE HAVING FUN. THE PROGRAM WILL ATTEMPT TO ACHIEVE CONSISTENCY IN ALL LEVELS. THE PROGRAM WILL PROVIDE EVERY YOUTH IN OWATONNA WITH THE OPPORTUNITY TO PLAY ORGANIZED HOCKEY WITH PLAYERS OF COMPARABLE SKILL AND INTEREST. IN OWATONNA WITH THE OPPORTUNITY TO PLAY ORGANIZED HOCKEY WITH PLAYERS OF COMPARABLE SKILL AND INTEREST.
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IRS990/ProgSrvcAccomActy2Grp/Desc0LAWFUL PURPOSE DONATIONS AS AUTHORIZED BY MN STATE STATUTES REPORTED ON SCHEDULE G OF 126,482.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENT EXPENSE NETTED WITH REVENUE FOR TAX PURPOSES 5,597,658 FUNDRAISING EXPENSE NETTED WITH REVENUE FOR TAX PURPOSES 50,951
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSE NETTED WITH REVENUE FOR TAX PURPOSES 5,597,658 FUNDRAISING EXPENSE NETTED WITH REVENUE FOR TAX PURPOSES 50,951
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2OWATONNA YOUTH HOCKEY ASSOCIATION, INC (OYHA) IS ORGANIZED AS A MINNESOTA NONPROFIT CORPORATION AND IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, OYHA HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE AND QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(I)(A)(VI). OYHA IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, OYHA IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSES. MANAGEMENT HAS DETERMINED THAT OYHA IS SUBJECTED TO UNRELATED BUSINESS INCOME TAX AND HAS FILED AN EXEMPT ORGANIZATION BUSINESS INCOME RETURN (FORM 990-T) WITH THE IRS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST EXPENSE AND PENALTIES RELATED TO INCOME TAX MATTERS WITHIN ITS PROVISION FOR INCOME TAXES. MANAGEMENT OF THE ORGANIZATION BELIEVES THERE IS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XIII
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