N โ€” Recreation & SportsEIN: 411496335ยท Ruling Year: 1997

Hanover Athletic Assoc

Hanover, Minnesota

BHealth Score
58B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$52K
Total Revenue
๐Ÿ“Š
$53K
Total Expenses
๐Ÿฆ
$373K
Net Assets
๐Ÿ“‹
$85K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+209.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-0.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.07
Net assets divided by total expenses
Liabilities-to-Assets
18.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$52,214โ†‘209%$52,696โ†‘2%$457,557โ†‘2%
2022$16,880โ†“82%$51,836โ†‘18%$450,120โ†“4%
2021$94,427โ†‘30%$43,757โ†‘7%$467,143โ†‘29%
2020$72,532โ†‘9369%$40,904โ†“10%$362,928โ†‘2%
2019$766โ†“97%$45,231โ†“4%$354,731โ†“11%
2018$22,958โ†‘128%$47,213โ†‘47%$396,624โ†“7%
2017-$82,851โ†“251%$32,066โ†“14%$426,611โ†“22%
2016$54,866โ†“36%$37,169โ†‘18%$544,458โ†‘5%
2015$85,124โ†‘71%$31,623โ†‘31%$520,544โ†‘10%
2014$49,814โ†“43%$24,107โ†“22%$472,109โ†‘8%
2013$87,174โ†“27%$30,796โ†‘5%$438,864โ†‘11%
2012$119,112โ†‘67%$29,447โ†“31%$394,311โ†‘31%
2011$71,143$42,934$300,497

Frequently Asked Questions

What does Hanover Athletic Assoc do?โ–ผ

Hanover Athletic Assoc is a recreation & sports nonprofit organization based in Minnesota. It is classified under NTEE code N20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hanover Athletic Assoc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Hanover Athletic Assoc has a score of 58/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Hanover Athletic Assoc generate?โ–ผ

Hanover Athletic Assoc reports $99K in annual revenue and holds $487K in total assets, based on IRS filings.

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Hanover Athletic Assoc โ€” Hanover, MN | GiveScope