Lockport Ice Arena & Sports Center Inc is a 501(c)(3) organization based in Lockport, New York, registered in 2008, with $1,166,917 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$1.2M
▼ 4.9% vs prior year
Recreation median: $129K
Expenses (FY2023)
$1.7M
Net assets
$3.8M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lockport Ice Arena & Sports Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lockport Ice Arena & Sports Center Inc: 27 mo reserves · -45% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lockport Ice Arena & Sports Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lockport Ice Arena & Sports Center Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $3,900 (FY2011) to $1.2M (FY2023) across 13 reported years.
Financial snapshot
Operating margin
-44.6%
Spent more than it raised in the latest fiscal year.
Total assets
$12.1M
Total liabilities
$8.2M
Net assets
$3.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,166,917▼4.9% | $1,687,476▼3.9% | $3,838,684▼11.9% | $12,069,866▼3.8% | 990 |
| 2022 | $1,226,412▲1.0% | $1,755,095▲15.4% | $4,359,243▼10.8% | $12,543,372▼2.7% | 990 |
| 2021 | $1,214,116▼19.4% | $1,520,346▲1.5% | $4,887,926▼5.9% | $12,895,438▼5.1% | 990 |
| 2020 | $1,506,174▲43.3% | $1,498,472▼1.4% | $5,194,156▲0.1% | $13,595,100▼2.7% | 990 |
| 2019 | $1,050,995▼15.6% | $1,520,195▼20.4% | $5,186,454▼8.3% | $13,972,339▼0.2% | 990 |
| 2018 | $1,244,578▼47.2% | $1,909,599▲1.0% | $5,655,654▼10.5% | $14,004,503▼3.9% | 990 |
| 2017 | $2,357,064▲68.5% | $1,891,422▲3.4% | $6,320,675▲8.0% | $14,569,723▼2.5% | 990 |
| 2016 | $1,399,092▼53.0% | $1,829,748▲4.5% | $5,855,033▼6.9% | $14,946,031▼5.3% | 990 |
| 2015 | $2,973,810▲31.1% | $1,751,070▲10.5% | $6,285,689▲24.2% | $15,780,528▲1.4% | 990 |
| 2014 | $2,268,356▼47.7% | $1,584,000▲873% | $5,062,949▲15.6% | $15,561,577▲64.8% | 990 |
| 2013 | $4,339,250▲2790% | $162,821▲116% | $4,378,516▲9322% | $9,444,579▲1808% | 990 |
| 2012 | $150,150▲3750% | $75,442▲89.2% | $46,472▲265% | $495,025▲18.2% | 990EZ |
| 2011 | $3,900 | $39,874 | -$28,237 | $418,740 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
7 grants to Lockport Ice Arena & Sports Center Inc totaling $160K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation For Greater Buffalo Inc | Thursday thrills at cornerstone arena; moving, grooving and improving at cornerstone arena | 2021 | $12,709 |
| Community Foundation For Greater Buffalo Inc | Unrestricted use; cornerstone arena continues strong | 2020 | $20,337 |
| Community Foundation For Greater Buffalo Inc | Skating continuation and zamboni projects; healthy families in sport | 2019 | $48,800 |
| Community Foundation For Greater Buffalo Inc | Compressor window project | 2018 | $5,000 |
| National Philanthropic Tr | Religion | 2017 | $35,000 |
| Community Foundation For Greater Buffalo Inc | Learn to skate program | 2017 | $12,375 |
| Community Foundation For Greater Buffalo Inc | Learn to skate program; building fund | 2015 | $25,750 |
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Data for Lockport Ice Arena & Sports Center Inc (EIN 26-1718666) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.