Cutthenets

990EZ • Fiscal year 2016 • EIN 20-5385517

Sep 01, 2015 to Aug 31, 2016 • Filed on Dec 14, 2016

Organization Profile WWW.CUTTHENETS.COM

31 Laurelhurst CircleThe Woodlands, TX 77382

(936) 672-7743

Siviq Scores

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

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

-10%

Higher net margin than 23% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

$19,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 49.8% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

-100%

Faster asset growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

-36%

Faster revenue growth than 15% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

Down $4,171 (-100%) from 2015

Net Assets

Down

Down $3,949 (-100%) from 2015

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin23rd percentile

Revenue

Down

$38,172

Down $21,120 (-36%) from 2015

Expenses

Down

$42,121

Down $28,513 (-40%) from 2015

Net Income

-$3,949

Up $7,393 (+65%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

Highlighted filing

2016

Assets$0

Liabilities-

Net Assets$0

Open 2016 Filing

Operations Trend

Revenue Growth15th percentile

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

Highlighted filing

2016

Revenue$38,172

Expenses$42,121

Net Income-$3,949

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Sep 1, 2015 to Aug 31, 2016
Signed: Dec 14, 2016
Return Version: 2015v2.1
Gross Receipts: $38,172

Mission and Program Overview

Mission

Cutthenets is an innovative, alternative basketball organization striving to better the game through education and learning.

Program Services

Description	Grants	Expenses
TO TEACH AND MENTOR SPORTSMANSHIP, COMPETITIVE SPIRIT, AND LIFE LESSONS THROUGH THE GAME OF BASKETBALL WHILE PROVIDING AN HONEST, SAFE, AND PRODUCTIVE ENVIRONMENT FOR LOCAL YOUTH BASKETBALL PLAYERS.	-	$40,449
TO TEACH AND MENTOR SPORTSMANSHIP, COMPETITIVE SPIRIT, AND LIFE LESSONS THROUGH THE GAME OF BASKETBALL WHILE PROVIDING AN HONEST, SAFE, AND PRODUCTIVE ENVIRONMENT FOR LOCAL YOUTH BASKETBALL PLAYERS.	-	-

Compensation and Service Providers

Top Officer Pay82nd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
WILLIAM BURKHOLDER	President	PT	$19,000	-	$19,000

Filing and Contact Details

Filer

Filer Name: Cutthenets
EIN: 20-5385517
Phone: 9366727743
Address: 31 LAURELHURST CIRCLE, THE WOODLANDS, TX 77382

Signing Officer

Name: William Burkholder
Title: President
Phone: 9366727743
Signed: 2016-12-14
Discuss with paid preparer: Yes

Preparer

Firm: Cloud CPA Firm LLC
Address: 1610 WOODSTEAD COURT SUITE 194, THE WOODLANDS, TX 77380
Preparer: Doris B Cloud
Phone: 2812924858

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 576 utilities 823 office 83 telephone 898 dues / subscriptions 387 entertainment 8 coaching & officiating 19,600 uniforms 15,322 bank charges 60 contributions 1,217 entry fees 575 total 39,549”

Form 990-ez, Part II, Line 24

“Notes receivable 711 0 total 711 0”

Form 990-ez, Part II, Line 26

“Current liabilities 222 0”

Form 990-ez, Part III

“Cutthenets is an innovative, alternative basketball organization striving to better the game through education and learning.”

Form 990-ez, Part III, Line 31

“To teach and mentor sportsmanship, competitive spirit, and life lessons through the game of basketball while providing an honest, safe, and productive environment for local youth basketball players.”

Raw XML Appendix125 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	WILLIAM BURKHOLDER
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	9366727443
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	31 LAURELHURST CIRCLE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	THE WOODLANDS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	77382
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	3460
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-3949
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	2572
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	4171
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	0
IRS990EZ/GrossReceiptsAmt	0	38172
IRS990EZ/GroupExemptionNum	0	1155
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	3949
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	3949
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	19000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	WILLIAM BURKHOLDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	711
IRS990EZ/OtherExpensesTotalAmt	0	39549
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	CUTTHENETS IS AN INNOVATIVE, ALTERNATIVE BASKETBALL ORGANIZATION STRIVING TO BETTER THE GAME THROUGH EDUCATION AND LEARNING.
IRS990EZ/ProgramServiceRevenueAmt	0	38172
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TO TEACH AND MENTOR SPORTSMANSHIP, COMPETITIVE SPIRIT, AND LIFE LESSONS THROUGH THE GAME OF BASKETBALL WHILE PROVIDING AN HONEST, SAFE, AND PRODUCTIVE ENVIRONMENT FOR LOCAL YOUTH BASKETBALL PLAYERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	TO TEACH AND MENTOR SPORTSMANSHIP, COMPETITIVE SPIRIT, AND LIFE LESSONS THROUGH THE GAME OF BASKETBALL WHILE PROVIDING AN HONEST, SAFE, AND PRODUCTIVE ENVIRONMENT FOR LOCAL YOUTH BASKETBALL PLAYERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	40449
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	222
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	42121
IRS990EZ/TotalProgramServiceExpensesAmt	0	40449
IRS990EZ/TotalRevenueAmt	0	38172
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.CUTTHENETS.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	38172
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	59445
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	138665
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	116136
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	138729
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	491147
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	491147
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	38172
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	59445
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	138665
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	116136
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	138729
IRS990ScheduleA/Total509Grp/TotalAmt	0	491147
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	38172
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	59445
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	138665
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	116136
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	138729
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	491147
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES ADVERTISING 576 UTILITIES 823 OFFICE 83 TELEPHONE 898 DUES / SUBSCRIPTIONS 387 ENTERTAINMENT 8 COACHING & OFFICIATING 19,600 UNIFORMS 15,322 BANK CHARGES 60 CONTRIBUTIONS 1,217 ENTRY FEES 575 TOTAL 39,549
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	NOTES RECEIVABLE 711 0 TOTAL 711 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	CURRENT LIABILITIES 222 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	CUTTHENETS IS AN INNOVATIVE, ALTERNATIVE BASKETBALL ORGANIZATION STRIVING TO BETTER THE GAME THROUGH EDUCATION AND LEARNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	TO TEACH AND MENTOR SPORTSMANSHIP, COMPETITIVE SPIRIT, AND LIFE LESSONS THROUGH THE GAME OF BASKETBALL WHILE PROVIDING AN HONEST, SAFE, AND PRODUCTIVE ENVIRONMENT FOR LOCAL YOUTH BASKETBALL PLAYERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS	0	2017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	WILLIAM BURKHOLDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9366727743
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2016-12-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	CUTTHENETS
ReturnHeader/Filer/BusinessNameControlTxt	0	CUTT
ReturnHeader/Filer/EIN	0	205385517
ReturnHeader/Filer/PhoneNum	0	9366727743
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	31 LAURELHURST CIRCLE
ReturnHeader/Filer/USAddress/CityNm	0	THE WOODLANDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	TX
ReturnHeader/Filer/USAddress/ZIPCd	0	77382
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	472605887
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	CLOUD CPA FIRM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	1610 WOODSTEAD COURT SUITE 194
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	THE WOODLANDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	77380
ReturnHeader/PreparerPersonGrp/PhoneNum	0	2812924858
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2016-12-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	DORIS B CLOUD
ReturnHeader/ReturnTs	0	2016-12-21T14:37:33-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2015-09-01
ReturnHeader/TaxPeriodEndDt	0	2016-08-31
ReturnHeader/TaxYr	0	2015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $0
Liabilities: -
Net assets: $0
Revenue: $38,172
Expenses: $42,121
Net income: -$3,949

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2016Detailed filing. Detailed filing data is available for this year.	$0.00		$0.00	$0.38	$0.42	$0.04
2015Detailed filing. Detailed filing data is available for this year.	$0.04	$0.00	$0.04	$0.59	$0.71	$0.11
2014Detailed filing. Detailed filing data is available for this year.	$0.15		$0.15	$1.40	$1.40	$0.00
2013Summary only. Only limited summary data is available for this year.	$0.15	$0.00		$1.16	$1.14	$0.02
2012Summary only. Only limited summary data is available for this year.	$0.14	$0.01		$1.39	$1.51	$0.13
2011Summary only. Only limited summary data is available for this year.	$0.26	$0.00	$0.26	$2.19	$2.68	$0.49