Civic Intelligence

Minnesota Heat Hoops Inc.

990 • Fiscal year 2016 • EIN 27-4463412

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 23, 2017

Organization ProfileMINNESOTAHEAT.NET
3227 Pecks Wood TurnNew Brighton, MN 55112

(651) 269-9822

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$56,503

Up $37,382 (+196%) from 2015

Net Assets

Up

$56,503

Up $38,808 (+219%) from 2015

Liabilities

Down

$0

Down $1,426 (-100%) from 2015

Revenue And Expenses

Revenue

Up

$750,816

Up $33,846 (+4.7%) from 2015

Expenses

Down

$710,431

Down $3,122 (-0.4%) from 2015

Net Income

Up

$40,385

Up $36,968 (+1082%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $3,379Liabilities 2011: $1,493Net Assets 2011: $1,8862011Assets 2012: $9,222Liabilities 2012: $0Net Assets 2012: $9,2222012Assets 2013: $23,561Liabilities 2013: $225Net Assets 2013: $23,3362013Assets 2014: $15,795Liabilities 2014: $1,517Net Assets 2014: $14,2782014Assets 2015: $19,121Liabilities 2015: $1,426Net Assets 2015: $17,6952015Assets 2016: $56,503Liabilities 2016: $0Net Assets 2016: $56,5032016Assets 2016: $58,505Liabilities 2016: $708Net Assets 2016: $57,7972016Assets 2017: $51,957Liabilities 2017: $171Net Assets 2017: $51,7862017Assets 2018: $82,890Liabilities 2018: $6,189Net Assets 2018: $76,7012018Assets 2019: $133,221Liabilities 2019: $18,938Net Assets 2019: $114,2832019Assets 2020: $155,670Liabilities 2020: $18,599Net Assets 2020: $137,0712020Assets 2021: $44,467Liabilities 2021: $7,065Net Assets 2021: $37,4022021Assets 2022: $143,958Liabilities 2022: $9,966Net Assets 2022: $133,9922022Assets 2023: $365,144Liabilities 2023: $19,408Net Assets 2023: $345,7362023Assets 2024: $265,713Liabilities 2024: $9,366Net Assets 2024: $256,3472024

Highlighted filing

2016

Assets$56,503
Liabilities$0
Net Assets$56,503
Open 2016 Filing

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $391,9402011Expenses 2012: $435,4912012Revenue 2013: $641,045Expenses 2013: $624,509Net Income 2013: $16,5362013Revenue 2014: $654,669Expenses 2014: $663,402Net Income 2014: -$8,7332014Revenue 2015: $716,970Expenses 2015: $713,553Net Income 2015: $3,4172015Revenue 2016: $750,816Expenses 2016: $710,431Net Income 2016: $40,3852016Revenue 2016: $749,224Expenses 2016: $711,289Net Income 2016: $37,9352016Revenue 2017: $923,336Expenses 2017: $929,347Net Income 2017: -$6,0112017Revenue 2018: $939,592Expenses 2018: $911,268Net Income 2018: $28,3242018Revenue 2019: $1,004,810Expenses 2019: $967,228Net Income 2019: $37,5822019Revenue 2020: $881,188Expenses 2020: $853,696Net Income 2020: $27,4922020Revenue 2021: $727,071Expenses 2021: $826,740Net Income 2021: -$99,6692021Revenue 2022: $726,987Expenses 2022: $630,397Net Income 2022: $96,5902022Revenue 2023: $1,611,250Expenses 2023: $1,522,232Net Income 2023: $89,0182023Revenue 2024: $1,545,502Expenses 2024: $1,634,891Net Income 2024: -$89,3892024

Highlighted filing

2016

Revenue$750,816
Expenses$710,431
Net Income$40,385
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 23, 2017
Return Version
2016v3.0
Gross Receipts
$750,816
Mission and Program Overview

Mission

Charitable and educational purposes: -providing basketball programs to children that otherwise could not afford to play. -organizing basketball related events for players such as professional & hs games. -supporting local schools & communities by renting their facilities.

Charitable and educational purposes: -providing basketball programs to children that otherwise could not afford to play -organizing basketball related events for players such as professional & hs games. -supporting local schools & communities by renting their facilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$13,292$56,503▲ $43,211
Prepaid Expenses and Deferred Charges$659--
Total Assets$13,951$56,503▲ $42,552
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$13,951$56,503▲ $42,552
Total Net Assets Fund Balance$13,951$56,503▲ $42,552
Total Liabilities and Net Assets / Fund Balance$13,951$56,503▲ $42,552
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Willie VangBoard MemberPT$90,000$2,815$92,815

Board Members and Trustees

NameTitle
Dave SweelyPresident
Biren DesaiDirector
Karin MartinekSecretary
Niral DesaiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$750,816
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$40,385
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$571,573
Salaries, Compensation, and Employee Benefits$138,858
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$71,438$42,843-$114,281
Current Officers, Directors, Trustees, and Key Employees-$92,815-$92,815
Other Expenses$68,921--$68,921
Other Salaries and Wages-$35,880-$35,880
Travel$21,398$1,789-$23,187
Payroll Taxes-$9,483-$9,483
Insurance-$8,919-$8,919
Office Expenses-$6,257-$6,257
Fees for Services Accounting-$4,400-$4,400
Fees for Services Other$1,329--$1,329
Conferences and Meetings-$884-$884
Pension Plan Contributions-$680-$680
Advertising-$110-$110
Total Functional Expenses$506,371$204,060$0$710,431
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Biren desai niral desai director treasurer married”

Form 990, Page 6, Part VI, Line 11B

“Board members will review form 990 at annual meeting to be scheduled by biren desai”

Form 990, Page 6, Part VI, Line 19

“All returns and filings will be available on the organizations website and also upon request by any member of the public”

Filing and Contact Details

Filer

Filer Name
Minnesota Heat Hoops Inc
EIN
27-4463412
Phone
6512699822
Address
3227 PECKS WOOD TURN, NEW BRIGHTON, MN 55112

Signing Officer

Name
Willie Vang
Title
Board Member
Phone
6512699822
Signed
2017-10-23

Organization Details

Principal Officer
Willie Vang
Formed
2011
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
0
Employees
3
Volunteers
30

Preparer

Firm
Valtinson Tax Service LLC
Address
388 CLEVELAND AVENUE SW, NEW BRIGHTON, MN 55112-3553
Preparer
David Arciero Ea
Phone
6516289832
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Charitable and educational purposes: -providing basketball programs to children that otherwise could not afford to play. -organizing basketball related events for players such as professional & hs games. -supporting local schools & communities by renting their facilities.”

Form 990, Page 1, Part I, Line 6

“Volunteers helped with tryouts (handing out jerseys, taking registrations, etc) along with working the tournaments we hosted (admissions, concessions, scoreboard, etc).”

Form 990, Part IX, Line 24E

“Cash for tournaments 30,444 0 0 charitable donation 0 27,140 0 meals & entertainment 25,932 0 0 concessions 12,028 0 0 paypall fees 0 6,094 0 telephone 0 3,885 0 dues and subscriptions 0 2,843 0 game tickets 2,094 0 0 bank charges 0 879 0 utilities 0 770 0 equipment 600 0 0 auto expense 0 564 0 payroll processing fee 0 483 0 marketing 340 0 0 parking 0 160 0 taxes & licenses 0 25 0 total 71,438 42,843 0”

Form 990, Part XI, Line 9

“Prior period equity adjustment 2,167”

Raw XML Appendix328 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CHARITABLE AND EDUCATIONAL PURPOSES: -PROVIDING BASKETBALL PROGRAMS TO CHILDREN THAT OTHERWISE COULD NOT AFFORD TO PLAY -ORGANIZING BASKETBALL RELATED EVENTS FOR PLAYERS SUCH AS PROFESSIONAL & HS GAMES. -SUPPORTING LOCAL SCHOOLS & COMMUNITIES BY RENTING THEIR FACILITIES
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0110
IRS990/AdvertisingGrp/TotalAmt0110
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt042843
IRS990/AllOtherExpensesGrp/ProgramServicesAmt071438
IRS990/AllOtherExpensesGrp/TotalAmt0114281
IRS990/BooksInCareOfDetail/PersonNm0WILLIE VANG
IRS990/BooksInCareOfDetail/PhoneNum06512699822
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03227 PECKS WOOD TURN
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW BRIGHTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055112
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt013292
IRS990/CashNonInterestBearingGrp/EOYAmt056503
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt092815
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt092815
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0884
IRS990/ConferencesMeetingsGrp/TotalAmt0884
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0571573
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0750816
IRS990/CYRevenuesLessExpensesAmt040385
IRS990/CYSalariesCompEmpBnftPaidAmt0138858
IRS990/CYTotalExpensesAmt0710431
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0750816
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0OUR SPRING PROGRAM HAD 87 BOYS TEAMS AND 19 GIRLS TEAMS WHICH IS ABOUT 1000 PLAYERS PLAYING SPRING HOOPS. THESE TEAMS PLAYED IN TOURNAMENTS BOTH LOCALLY AND NATIONALLY. WE ALSO HAD ANOTHER 22 BOYS TEAMS PARTICIPATE IN OUR FALL PROGRAM. OUR SPRING AND FALL PROGRAMS WERE THE BIGGEST THEY HAVE EVER BEEN. WE RAN THREE CAMPS, WHICH HAD AROUND 400 TOTAL CAMPERS. OUR SCHOLARSHIP PROGRAM AGAIN PROVIDED OPPORTUNITIES TO THOSE WHO COULD NOT AFFORD IT AS WE GAVE BACK OVER 50,000 IN SCHOLARSHIP MONEY THROUGHOUT THE LEAGUE AND CAMP SEASONS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0506371
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04400
IRS990/FeesForServicesAccountingGrp/TotalAmt04400
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01329
IRS990/FeesForServicesOtherGrp/TotalAmt01329
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt325.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt32815
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVE SWEELY
IRS990/Form990PartVIISectionAGrp/PersonNm1NIRAL DESAI
IRS990/Form990PartVIISectionAGrp/PersonNm2BIREN DESAI
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIE VANG
IRS990/Form990PartVIISectionAGrp/PersonNm4KARIN MARTINEK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt390000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0750816
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt08919
IRS990/InsuranceGrp/TotalAmt08919
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CHARITABLE AND EDUCATIONAL PURPOSES: -PROVIDING BASKETBALL PROGRAMS TO CHILDREN THAT OTHERWISE COULD NOT AFFORD TO PLAY. -ORGANIZING BASKETBALL RELATED EVENTS FOR PLAYERS SUCH AS PROFESSIONAL & HS GAMES. -SUPPORTING LOCAL SCHOOLS & COMMUNITIES BY RENTING THEIR FACILITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt013951
IRS990/NetAssetsOrFundBalancesEOYAmt056503
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06257
IRS990/OfficeExpensesGrp/TotalAmt06257
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt02167
IRS990/OtherExpensesGrp/Desc0CONTRACTORS
IRS990/OtherExpensesGrp/Desc1TOURNEY FEES & REIMBURSEM
IRS990/OtherExpensesGrp/Desc2GYM RENTAL
IRS990/OtherExpensesGrp/Desc3JERSEYS
IRS990/OtherExpensesGrp/ProgramServicesAmt0145806
IRS990/OtherExpensesGrp/ProgramServicesAmt1108989
IRS990/OtherExpensesGrp/ProgramServicesAmt288490
IRS990/OtherExpensesGrp/ProgramServicesAmt368921
IRS990/OtherExpensesGrp/TotalAmt0145806
IRS990/OtherExpensesGrp/TotalAmt1108989
IRS990/OtherExpensesGrp/TotalAmt288490
IRS990/OtherExpensesGrp/TotalAmt368921
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt035880
IRS990/OtherSalariesAndWagesGrp/TotalAmt035880
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09483
IRS990/PayrollTaxesGrp/TotalAmt09483
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0680
IRS990/PensionPlanContributionsGrp/TotalAmt0680
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0659
IRS990/PrincipalOfficerNm0WILLIE VANG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711210
IRS990/ProgramServiceRevenueGrp/Desc0TOURNAMENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1REFUNDS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0785280
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1-34464
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0785280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1-34464
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0550090
IRS990/PYProgramServiceRevenueAmt0713226
IRS990/PYRevenuesLessExpensesAmt0-327
IRS990/PYSalariesCompEmpBnftPaidAmt0163463
IRS990/PYTotalExpensesAmt0713553
IRS990/PYTotalRevenueAmt0713226
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt040385
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0750816
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0360960
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0250560
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0621520
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0750816
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0713226
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0644669
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0280115
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0178881
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02567707
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt03189227
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0750816
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0713226
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0654669
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0641075
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0429441
IRS990ScheduleA/Total509Grp/TotalAmt03189227
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0750816
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0713226
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0654669
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0641075
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0429441
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03189227
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHARITABLE AND EDUCATIONAL PURPOSES: -PROVIDING BASKETBALL PROGRAMS TO CHILDREN THAT OTHERWISE COULD NOT AFFORD TO PLAY. -ORGANIZING BASKETBALL RELATED EVENTS FOR PLAYERS SUCH AS PROFESSIONAL & HS GAMES. -SUPPORTING LOCAL SCHOOLS & COMMUNITIES BY RENTING THEIR FACILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS HELPED WITH TRYOUTS (HANDING OUT JERSEYS, TAKING REGISTRATIONS, ETC) ALONG WITH WORKING THE TOURNAMENTS WE HOSTED (ADMISSIONS, CONCESSIONS, SCOREBOARD, ETC).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BIREN DESAI NIRAL DESAI DIRECTOR TREASURER MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS WILL REVIEW FORM 990 AT ANNUAL MEETING TO BE SCHEDULED BY BIREN DESAI
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL RETURNS AND FILINGS WILL BE AVAILABLE ON THE ORGANIZATIONS WEBSITE AND ALSO UPON REQUEST BY ANY MEMBER OF THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CASH FOR TOURNAMENTS 30,444 0 0 CHARITABLE DONATION 0 27,140 0 MEALS & ENTERTAINMENT 25,932 0 0 CONCESSIONS 12,028 0 0 PAYPALL FEES 0 6,094 0 TELEPHONE 0 3,885 0 DUES AND SUBSCRIPTIONS 0 2,843 0 GAME TICKETS 2,094 0 0 BANK CHARGES 0 879 0 UTILITIES 0 770 0 EQUIPMENT 600 0 0 AUTO EXPENSE 0 564 0 PAYROLL PROCESSING FEE 0 483 0 MARKETING 340 0 0 PARKING 0 160 0 TAXES & LICENSES 0 25 0 TOTAL 71,438 42,843 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRIOR PERIOD EQUITY ADJUSTMENT 2,167
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013951
IRS990/TotalAssetsEOYAmt056503
IRS990/TotalAssetsGrp/BOYAmt013951
IRS990/TotalAssetsGrp/EOYAmt056503
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0204060
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0506371
IRS990/TotalFunctionalExpensesGrp/TotalAmt0710431
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt013951
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt056503
IRS990/TotalOtherCompensationAmt02815
IRS990/TotalProgramServiceExpensesAmt0506371
IRS990/TotalProgramServiceRevenueAmt0750816
IRS990/TotalReportableCompFromOrgAmt090000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0750816
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0750816
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013951
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt056503
IRS990/TravelGrp/ManagementAndGeneralAmt01789
IRS990/TravelGrp/ProgramServicesAmt021398
IRS990/TravelGrp/TotalAmt023187
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt013951
IRS990/UnrestrictedNetAssetsGrp/EOYAmt056503
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03227 PECKS WOOD TURN
IRS990/USAddress/CityNm0NEW BRIGHTON
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055112
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0HTTP://MINNESOTAHEAT.NET/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIE VANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum06512699822
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA HEAT HOOPS INC
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0274463412
ReturnHeader/Filer/PhoneNum06512699822
ReturnHeader/Filer/USAddress/AddressLine1Txt03227 PECKS WOOD TURN
ReturnHeader/Filer/USAddress/CityNm0NEW BRIGHTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055112
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId054D5B00A627B7F7E722D6B91ADDF45FD00146D95
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId054D5B00A627B7F7E722D6B91ADDF45FD00146D95
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205986498
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VALTINSON TAX SERVICE LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0388 CLEVELAND AVENUE SW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW BRIGHTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0551123553
ReturnHeader/PreparerPersonGrp/PhoneNum06516289832
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID ARCIERO EA
ReturnHeader/ReturnTs02017-10-24T11:25:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$56,503
Liabilities
$0
Net assets
$56,503
Revenue
$750,816
Expenses
$710,431
Net income
$40,385
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$1.55$1.63$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.37$0.02$0.35$1.61$1.52$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.14$0.01$0.13$0.73$0.63$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.04$0.01$0.04$0.73$0.83$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.16$0.02$0.14$0.88$0.85$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.13$0.02$0.11$1.00$0.97$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.08$0.94$0.91$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.92$0.93$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.75$0.71$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.75$0.71$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.72$0.71$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.01$0.65$0.66$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.64$0.62$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.39