17management INC FY2024 filing

Tax-deductible

Dallas, TX501(c)(3)Youth DevelopmentEIN 86-3297090Revenue $1.0M in FY2024

On file with the IRStexasheathockey.comPo Box 810124, 75381-0124 · Dallas, TXTax-exempt since Aug 2021Publicly supported — 509(a)(2)

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To provide instruction and league play for youth ice hockey

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
$51K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $179K a year · 16% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$51K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
+86% vs prior year
Spent
$949K
To programs
97%
Net assets
$175K
By yearFY2022–FY2025
Revenue
$1.0M
FY2024▲ +86%
Tap a bar for its year
Revenue by fiscal year
FY2022$554K
FY2024$1.0M
FY2025$1.7M
Expenses
$949K
FY2024▲ +300%
Tap a bar for its year
Expenses by fiscal year
FY2022$237K
FY2024$949K
FY2025$1.6M
Net assets
$175K
FY2024▼ -45%
Tap a bar for its year
Net assets by fiscal year
FY2022$317K
FY2024$175K
FY2025$312K

From the FY2024 Form 990 (year ending April 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $920K Management & general 3% · $29K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $51K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Hockey Director
$35,000Pt VII · Sec A
Treasurer
$15,831Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Mike Salekin’s $50K as Hockey Director is at the 3rd percentile of top reported officer pay among 1552 $1–10M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2022
Mike Salekin$50,000$35,000—
Albina Rosche$24,992$15,831$5,000
Rhonda Snyder$1,000——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Teaches youth ice hockey and offers league play.

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Provided by the organization

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1 program · $920K · in their own filed words · FY2023
01

Ice hockey camps provide youth hockey instruction. Prospect showcase and tryouts provide opportunities for league play.

$920Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Gifts and grantsLn 1h$904K
Fees for servicesLn 2g$182K
Money outPt IX
$949K
Ln 25
Programscol B$920K
Managementcol C$29K
Owns and owesPt X
$175K
net assets · Ln 32
Cash and savingsLn 1–2$162K
Total assetsLn 16$177K
LiabilitiesLn 26$2K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$904K
Fundraising eventsLn 1c$4K
Fees for servicesLn 2g$182K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$162K
Cash and savings togetherLn 1–2$162K
Land, buildings, equipmentLn 10c$15K
Total assetsLn 16$177K
LiabilitiesLn 26$2K
Net assetsLn 32$175K
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderApril
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$92K$162K
Land, buildings, equipmentLn 10c$15K
Total assetsLn 16$92K$177K
LiabilitiesLn 26$389$2K
Net assetsLn 32$91K$175K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$301$0$301$0
Accounting feesLn 11c$19K$0$19K$0
Advertising and promotionLn 12$4K$4K$0$0
Office expensesLn 13$9K$0$9K$0
TravelLn 17$19K$19K$0$0
InterestLn 20$100$0$100$0
Depreciation, depletion and amortizationLn 22$4K$4K$0$0
InsuranceLn 23$848$848$0$0
Other expenses (24a–d)Ln 24$862K$862K$0$0
All other expensesLn 24e$30K$30K$0$0
Total functional expensesLn 25$949K$920K$29K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.7M$1.6M$137K$312K 990 PDF
FY2024 Viewing $1.0M$949K$84K$175K 990 PDF
FY2023 Not on file
FY2022 $554K$237K$317K$317K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,033,372 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,621$903,525
I-9 Program service revenuePrior year $14,382$182,447
I-10 Investment income$0
I-11 Other revenuePrior year −$21,899−$52,600
I-12 Total revenuePrior year −$3,896$1,033,372
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $221,709$949,478
I-18 Total expensesPrior year $221,709$949,478
I-19 Revenue less expensesPrior year −$225,605$83,894
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $1,033,372 across 7 lines filed
Lines not itemized here account for −$59,775 of total revenue; see the IRS return.
VIII-1b Membership dues$845,497
VIII-1c Fundraising events$4,428
VIII-1f All other contributions, gifts and grants$53,600
VIII-1h Total contributions, gifts and grants$903,525
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$182,447
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $7,175 · Unrelated business $0 · Excluded from tax $0$7,175
VIII-12 Total revenueRelated to mission $129,847 · Unrelated business $0 · Excluded from tax $0$1,033,372
Part IX · Statement of functional expenses $949,478 across 10 lines filed
IX-11b Legal feesPrograms $0 · Management $301 · Fundraising $0$301
IX-11c Accounting feesPrograms $0 · Management $19,195 · Fundraising $0$19,195
IX-12 Advertising and promotionPrograms $4,057 · Management $0 · Fundraising $0$4,057
IX-13 Office expensesPrograms $0 · Management $9,477 · Fundraising $0$9,477
IX-17 TravelPrograms $19,184 · Management $0 · Fundraising $0$19,184
IX-20 InterestPrograms $0 · Management $100 · Fundraising $0$100
IX-22 Depreciation, depletion and amortizationPrograms $3,751 · Management $0 · Fundraising $0$3,751
IX-23 InsurancePrograms $848 · Management $0 · Fundraising $0$848
IX-24 Other expenses (24a–d)Programs $862,130 · Management $0 · Fundraising $0$862,130
IX-24e All other expensesPrograms $30,435 · Management $0 · Fundraising $0$30,435
IX-25 Total functional expensesPrograms $920,405 · Management $29,073 · Fundraising $0$949,478
Part X · Balance sheet $176,749 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $91,668$161,747
X-10c Land, buildings and equipment, net$15,002
X-16 Total assetsStart of year $91,668$176,749
X-17 Accounts payable and accrued expensesStart of year $389$1,576
X-26 Total liabilitiesStart of year $389$1,576
X-32 Total net assets or fund balancesStart of year $91,279$175,173
X-33 Total liabilities and net assetsStart of year $91,668$176,749
Part XI · Reconciliation of net assets $175,173 net assets at year end
XI-1 Total revenue$1,033,372
XI-2 Total expenses$949,478
XI-3 Revenue less expenses$83,894
XI-4 Net assets at start of year$91,279
XI-10 Net assets at end of year$175,173

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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