Civic Intelligence

Heatsync Labs

990EZ • Fiscal year 2020 • EIN 27-1277735

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 14, 2021

Organization ProfileHEATSYNCLABS.ORG
108 W Main StreetMesa, AZ 85201

(602) 492-5227

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

61st percentile

13%

Higher net margin than 61% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

64th percentile

16%

Faster asset growth than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

52nd percentile

-12%

Faster revenue growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$76,187

Up $34,511 (+83%) from 2018

Net Assets

Up

$76,187

Up $34,511 (+83%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin61st percentile

Revenue

Up

$83,707

Up $24,594 (+42%) from 2018

Expenses

Up

$73,242

Up $7,036 (+11%) from 2018

Net Income

Up

$10,465

Up $17,558 (+248%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$80K$60K$40K$20K$0Assets 2010: $4,661Net Assets 2010: $4,6612010Assets 2011: $30,958Liabilities 2011: $2,115Net Assets 2011: $28,8432011Assets 2013: $45,710Net Assets 2013: $45,7102013Assets 2018: $41,676Net Assets 2018: $41,6762018Assets 2020: $76,187Net Assets 2020: $76,1872020Assets 2021: $65,832Net Assets 2021: $65,8322021Assets 2024: $32,642Net Assets 2024: $32,6422024

Highlighted filing

2020

Assets$76,187
Liabilities-
Net Assets$76,187
Open 2020 Filing

Operations Trend

Revenue Growth52nd percentile

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

$100K$50K$0-$50KRevenue 2010: $10,184Expenses 2010: $6,142Net Income 2010: $4,0422010Revenue 2011: $58,057Expenses 2011: $33,966Net Income 2011: $24,0912011Revenue 2013: $45,146Expenses 2013: $43,977Net Income 2013: $1,1692013Revenue 2018: $59,113Expenses 2018: $66,206Net Income 2018: -$7,0932018Revenue 2020: $83,707Expenses 2020: $73,242Net Income 2020: $10,4652020Revenue 2021: $48,488Expenses 2021: $58,843Net Income 2021: -$10,3552021Revenue 2024: $63,287Expenses 2024: $71,410Net Income 2024: -$8,1232024

Highlighted filing

2020

Revenue$83,707
Expenses$73,242
Net Income$10,465
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 14, 2021
Return Version
2020v4.1
Gross Receipts
$86,126
Mission and Program Overview

Mission

Science and Technology Education and Collaboration

Tech education, creative, scientific workshops

Program Services

DescriptionGrantsExpenses
HEATSYNC LABS IS A COMMUNITY-DRIVEN SHOP AND WORKSPACE WHERE ENGINEERS, ARTISTS, STUDENTS, AND HOBBYISTS COME TO MAKE PROTOTYPES, ART, AND OTHER CREATIVE PROJECTS. WE PROVIDE THE TOOLS, RESOURCES, AND SKILLS.$7,904$62,458
OUR WORKSHOP IS OPEN TO THE PUBLIC TO CREATE AND LEARN, NO MEMBERSHIP NEEDED. WE HAVE 100 MEMBERS AND 900 NONMEMBERS UTILIZE OUR LAB FACILITIES. WE PROVIDE OVER 630 HOURS OF FREE PUBLIC ACCESS TO TECH EDUCATION EVERY YEAR.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHAUNDRA NEWSTEADPresident-$0--
MIKE WOLFSONVice President Since 10/2020-$0--
ERIC WOODVice-President Until 10/2020-$0--
DAVID FLORESTreasurer-$0--
LUIS MONTESSecretary-$0--
NATE PLAMONDONDirector Until 10/2020-$0--
GABE FINKEDirector Since 10/2020-$0--
Filing and Contact Details

Filer

Filer Name
Heatsync Labs
EIN
27-1277735
Phone
6024925227
Address
108 W MAIN STREET, MESA, AZ 85201

Signing Officer

Name
David Flores
Title
Treasurer
Signed
2021-09-14
Discuss with paid preparer
Yes

Preparer

Firm
Sechler Morgan Cpas Pllc
Address
2418 W BARROW DRIVE, CHANDLER, AZ 85224
Preparer
Kristina Morgan CPA
Phone
6022302700
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Office Expenses 8,826”

Form 990-EZ, Part I, Line 16, Other Expenses

“IT Expenses 198”

Form 990-EZ, Part I, Line 16, Other Expenses

“Meeting Expenses 48”

Form 990-EZ, Part I, Line 16, Other Expenses

“Depreciation 308”

Form 990-EZ, Part I, Line 16, Other Expenses

“Insurance 1,957”

Form 990-EZ, Part I, Line 16, Other Expenses

“Program Parts and Supplies 4,278”

Form 990-EZ, Part II, Line 24, Other Assets

“Net Fixed Assets Beginning of year 308, End of year 0”

Raw XML Appendix173 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MESA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd085201
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt065414
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt080061
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IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt010465
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06494
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt07904
IRS990EZ/GrossProfitLossSlsOfInvntryAmt01199
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IRS990EZ/GrossSalesOfInventoryAmt03618
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt08
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt065722
IRS990EZ/NetAssetsOrFundBalancesEOYAmt076187
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt065722
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt076187
IRS990EZ/OccupancyRentUtltsAndMaintAmt043229
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHAUNDRA NEWSTEAD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MIKE WOLFSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ERIC WOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAVID FLORES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LUIS MONTES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5NATE PLAMONDON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6GABE FINKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT SINCE 10/2020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE-PRESIDENT UNTIL 10/2020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR UNTIL 10/2020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR SINCE 10/2020
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0308
IRS990EZ/OtherExpensesTotalAmt015615
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TECH EDUCATION, CREATIVE, SCIENTIFIC WORKSHOPS
IRS990EZ/ProgramServiceRevenueAmt02439
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HEATSYNC LABS IS A COMMUNITY-DRIVEN SHOP AND WORKSPACE WHERE ENGINEERS, ARTISTS, STUDENTS, AND HOBBYISTS COME TO MAKE PROTOTYPES, ART, AND OTHER CREATIVE PROJECTS. WE PROVIDE THE TOOLS, RESOURCES, AND SKILLS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1OUR WORKSHOP IS OPEN TO THE PUBLIC TO CREATE AND LEARN, NO MEMBERSHIP NEEDED. WE HAVE 100 MEMBERS AND 900 NONMEMBERS UTILIZE OUR LAB FACILITIES. WE PROVIDE OVER 630 HOURS OF FREE PUBLIC ACCESS TO TECH EDUCATION EVERY YEAR.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt07904
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt062458
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt073242
IRS990EZ/TotalProgramServiceExpensesAmt062458
IRS990EZ/TotalRevenueAmt083707
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HEATSYNCLABS.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt080061
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt087538
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt057518
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt049391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt027399
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0301907
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt034944
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.88560
IRS990ScheduleA/PublicSupportPY170Pct00.85770
IRS990ScheduleA/PublicSupportTotal170Amt0267383
IRS990ScheduleA/SubstantialContributorsTotAmt034524
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt080061
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt087538
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt057518
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt049391
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt027399
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0301907
IRS990ScheduleA/TotalSupportAmt0301922
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses 8,826
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IT Expenses 198
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Meeting Expenses 48
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation 308
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance 1,957
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Program Parts and Supplies 4,278
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Net Fixed Assets Beginning of year 308, End of year 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part II, Line 24, Other Assets
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID FLORES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEATSYNC LABS
ReturnHeader/Filer/BusinessNameControlTxt0HEAT
ReturnHeader/Filer/EIN0271277735
ReturnHeader/Filer/PhoneNum06024925227
ReturnHeader/Filer/USAddress/AddressLine1Txt0108 W MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0MESA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085201
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SECHLER MORGAN CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02418 W BARROW DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHANDLER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085224
ReturnHeader/PreparerPersonGrp/PhoneNum06022302700
ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KRISTINA MORGAN CPA
ReturnHeader/ReturnTs02021-09-14T12:34:15-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID FLORES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TREASURER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$76,187
Liabilities
-
Net assets
$76,187
Revenue
$83,707
Expenses
$73,242
Net income
$10,465
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.6$32.6$63.3$71.4$8.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$65.8$65.8$48.5$58.8$10.4
2020Detailed filing. Detailed filing data is available for this year.$76.2$76.2$83.7$73.2$10.5
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.7$41.7$59.1$66.2$7.09
2013Detailed filing. Detailed filing data is available for this year.$45.7$45.7$45.1$44.0$1.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.0$2.12$28.8$58.1$34.0$24.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.66$4.66$10.2$6.14$4.04