Civic Intelligence

Charlotte Hornets Foundation Inc.

990 • Fiscal year 2012 • EIN 20-0946449

Oct 01, 2011 to Sep 30, 2012

Organization ProfileWWW.NBA.COM/HORNETS/CHARLOTTE-HORNETS-FOUNDAT
Charlotte, NC
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

0.32x

Higher debt load relative to assets than 95% of similar nonprofits.

2012 filings • NTEE T • <$500k nonprofits • Source year 2012

Liabilities / Revenue

94th percentile

0.53x

Higher debt load relative to revenue than 94% of similar nonprofits.

2012 filings • NTEE T • <$500k nonprofits • Source year 2012

Net Margin

29th percentile

-30%

Higher net margin than 29% of similar nonprofits.

2012 filings • NTEE T • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

77th percentile

16%

Faster asset growth than 77% of similar nonprofits.

2012 filings • NTEE T • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

22nd percentile

-36%

Faster revenue growth than 22% of similar nonprofits.

2012 filings • NTEE T • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$408,787

Up $55,743 (+16%) from 2011

Net Assets

Down

$279,837

Down $73,207 (-21%) from 2011

Liabilities

Up

$128,950

Up $128,950 from 2011

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin29th percentile

Revenue

Down

$243,908

Down $137,112 (-36%) from 2011

Expenses

Up

$317,115

Up $88,178 (+39%) from 2011

Net Income

Down

-$73,207

Down $225,290 (-148%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $353,044Liabilities 2011: $0Net Assets 2011: $353,0442011Assets 2012: $408,787Liabilities 2012: $128,950Net Assets 2012: $279,8372012Assets 2013: $626,118Liabilities 2013: $222,331Net Assets 2013: $403,7872013Assets 2014: $978,648Liabilities 2014: $342,018Net Assets 2014: $636,6302014Assets 2015: $1,024,255Liabilities 2015: $443,827Net Assets 2015: $580,4282015Assets 2016: $737,068Liabilities 2016: $246,087Net Assets 2016: $490,9812016Assets 2017: $753,506Liabilities 2017: $196,788Net Assets 2017: $556,7182017Assets 2018: $872,262Liabilities 2018: $480,873Net Assets 2018: $391,3892018Assets 2019: $956,258Liabilities 2019: $352,174Net Assets 2019: $604,0842019Assets 2020: $562,011Liabilities 2020: $52,685Net Assets 2020: $509,3262020Assets 2021: $948,608Liabilities 2021: $479,984Net Assets 2021: $468,6242021Assets 2022: $931,076Liabilities 2022: $284,530Net Assets 2022: $646,5462022Assets 2023: $1,909,998Liabilities 2023: $316,561Net Assets 2023: $1,593,4372023Assets 2024: $1,592,532Liabilities 2024: $610,504Net Assets 2024: $982,0282024

Highlighted filing

2012

Assets$408,787
Liabilities$128,950
Net Assets$279,837
Open 2012 Filing

Operations Trend

Revenue Growth22nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2011: $381,020Expenses 2011: $228,937Net Income 2011: $152,0832011Revenue 2012: $243,908Expenses 2012: $317,115Net Income 2012: -$73,2072012Revenue 2013: $561,835Expenses 2013: $437,885Net Income 2013: $123,9502013Revenue 2014: $1,032,620Expenses 2014: $799,777Net Income 2014: $232,8432014Revenue 2015: $548,324Expenses 2015: $604,526Net Income 2015: -$56,2022015Revenue 2016: $459,855Expenses 2016: $549,302Net Income 2016: -$89,4472016Revenue 2017: $406,214Expenses 2017: $340,477Net Income 2017: $65,7372017Revenue 2018: $398,155Expenses 2018: $435,206Net Income 2018: -$37,0512018Revenue 2019: $622,966Expenses 2019: $472,872Net Income 2019: $150,0942019Revenue 2020: $327,400Expenses 2020: $443,809Net Income 2020: -$116,4092020Revenue 2021: $174,079Expenses 2021: $214,781Net Income 2021: -$40,7022021Revenue 2022: $410,729Expenses 2022: $276,833Net Income 2022: $133,8962022Revenue 2023: $1,346,185Expenses 2023: $399,294Net Income 2023: $946,8912023Revenue 2024: $655,249Expenses 2024: $1,266,658Net Income 2024: -$611,4092024

Highlighted filing

2012

Revenue$243,908
Expenses$317,115
Net Income-$73,207
Open 2012 Filing
Filing Detail Status

This 2012 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
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Filing Snapshot
Filing Period
Oct 1, 2011 to Sep 30, 2012
Mission and Program Overview

Mission

Through the investment of time, talents, and treasure, the charlotte hornets foundation will support, promote, and enhance important community efforts that enrich the quality of life for those in need, especially children and youth in the charlotte area. The foundation will support eligible 501(c)(3) organizations that deliver programs that impact literacy and education, fitness and wellness, and hunger.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$408,787
Liabilities
$128,950
Net assets
$279,837
Revenue
$243,908
Expenses
$317,115
Net income
-$73,207
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.59$0.61$0.98$0.66$1.27$0.61
2023Detailed filing. Detailed filing data is available for this year.$1.91$0.32$1.59$1.35$0.40$0.95
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.28$0.65$0.41$0.28$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.95$0.48$0.47$0.17$0.21$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.56$0.05$0.51$0.33$0.44$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.35$0.60$0.62$0.47$0.15
2018Detailed filing. Detailed filing data is available for this year.$0.87$0.48$0.39$0.40$0.44$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.75$0.20$0.56$0.41$0.34$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.25$0.49$0.46$0.55$0.09
2015Summary only. Only limited summary data is available for this year.$1.02$0.44$0.58$0.55$0.60$0.06
2014Summary only. Only limited summary data is available for this year.$0.98$0.34$0.64$1.03$0.80$0.23
2013Summary only. Only limited summary data is available for this year.$0.63$0.22$0.40$0.56$0.44$0.12
2012Summary only. Only limited summary data is available for this year.$0.41$0.13$0.28$0.24$0.32$0.07
2011Summary only. Only limited summary data is available for this year.$0.35$0.00$0.35$0.38$0.23$0.15