Recreation & Sports
(N60)
IRS Verified
DX Registered
990 on File
THE NEW JERSEY TITANS HOCKEY CLUB INC
Financial strength (30%)
67/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The objective of the Junior Titans Hockey Program is to help develop and promote aspiring hockey players to attain their short-term and long-term goals both in the sport of ice hockey and in their academic pursuits. It is the focus of the Junior Program to prepare our players for the realities they will face when competing at the higher levels of hockey in junior, college or professional leagues and the educational requirements and opportunities that are associated. We pride ourselves on development and consistency and believe that hockey is a vehicle players should use to create opportunities for themselves and their future both in and outside of the sport
Financial Overview — FY 2024
$7.9M
Total Revenue
$7.7M
Total Expenses
$-7,547,359
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
86.2%
Fundraising Efficiency
N/A
Operating Reserve
-11.70x
Liability-to-Asset
162.5%
Revenue Diversification
72.6%
Compared with Peers
FY 2024
Compared with 1,615 similar organizations
(United States, Recreation & Sports, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.2% | 87.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.9% | 9.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-11.7 mo | 8.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
162.5% | 11.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
72.6% | 89.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
41.9% | 9.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.0% | 9.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.5% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $7.9M | $7.7M | $-7,547,359 | 86.2% | 0 |
| 2023 | $5.6M | $7.2M | $-7,745,452 | 99.8% | 0 |
| 2022 | $5.6M | $6.8M | $-6,170,894 | 86.5% | 0 |
| 2021 | $3.7M | $5.5M | N/A | — | 0 |
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