Civic Intelligence

Jacket Hoop Boosters Inc.

990EZ • Fiscal year 2021 • EIN 41-1732734

Aug 01, 2020 to Jul 31, 2021 • Filed on Dec 15, 2021

PO Box 82Cambridge, MN 55008

(763) 516-6776

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

39th percentile

1.5%

Higher net margin than 39% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

46th percentile

2.7%

Faster asset growth than 46% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

16th percentile

-52%

Faster revenue growth than 16% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$16,385

Up $431 (+2.7%) from 2020

Net Assets

Up

$16,385

Up $431 (+2.7%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$28,362

Down $30,736 (-52%) from 2020

Expenses

Down

$27,930

Down $38,043 (-58%) from 2020

Net Income

Up

$432

Up $7,307 (+106%) from 2020

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $8,186Liabilities 2011: $02011Assets 2013: $1,307Liabilities 2013: $02013Assets 2014: $9,098Liabilities 2014: $02014Assets 2015: $12,822Liabilities 2015: $02015Assets 2016: $14,507Liabilities 2016: $0Net Assets 2016: $14,5072016Assets 2017: $14,910Liabilities 2017: $0Net Assets 2017: $14,9102017Assets 2018: $21,678Liabilities 2018: $0Net Assets 2018: $21,6782018Assets 2019: $22,827Liabilities 2019: $0Net Assets 2019: $22,8272019Assets 2020: $15,954Liabilities 2020: $0Net Assets 2020: $15,9542020Assets 2021: $16,385Liabilities 2021: $0Net Assets 2021: $16,3852021Assets 2022: $39,886Liabilities 2022: $0Net Assets 2022: $39,8862022Assets 2023: $30,948Liabilities 2023: $0Net Assets 2023: $30,9482023Assets 2024: $48,068Net Assets 2024: $48,0682024

Highlighted filing

2021

Assets$16,385
Liabilities$0
Net Assets$16,385

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $42,369Expenses 2011: $43,985Net Income 2011: -$1,6162011Revenue 2013: $31,824Expenses 2013: $32,854Net Income 2013: -$1,0302013Revenue 2014: $40,734Expenses 2014: $32,943Net Income 2014: $7,7912014Revenue 2015: $38,783Expenses 2015: $35,059Net Income 2015: $3,7242015Revenue 2016: $48,790Expenses 2016: $47,105Net Income 2016: $1,6852016Revenue 2017: $62,714Expenses 2017: $62,311Net Income 2017: $4032017Revenue 2018: $78,492Expenses 2018: $71,724Net Income 2018: $6,7682018Revenue 2019: $61,054Expenses 2019: $59,905Net Income 2019: $1,1492019Revenue 2020: $59,098Expenses 2020: $65,973Net Income 2020: -$6,8752020Revenue 2021: $28,362Expenses 2021: $27,930Net Income 2021: $4322021Revenue 2022: $74,456Expenses 2022: $50,954Net Income 2022: $23,5022022Revenue 2023: $79,942Expenses 2023: $88,881Net Income 2023: -$8,9392023Revenue 2024: $96,386Expenses 2024: $79,267Net Income 2024: $17,1192024

Highlighted filing

2021

Revenue$28,362
Expenses$27,930
Net Income$432
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Dec 15, 2021
Return Version
2020v4.0
Gross Receipts
$28,362
Mission and Program Overview

Mission

Relieve the burden of government & provide basketball programs for area youth

Program Services

DescriptionGrantsExpenses
THE HOOP BOOSTERS PROVIDE FUNDS FOR CAMBRIDGE ISANTI BASKETBALL TO ALLOW YOUTH TO PARTICIPATE IN VARIOUS TOURNAMENTS AND COMPETITIONS. THE ORGANIZATION SUPPORTS 4TH THROUGH 8TH GRADE TRAVEL PROGRAMS THAT CONSIST OF GIRLS TEAMS AND BOYS TEAMS. THE ORGANIZATION ALSO PROVIDES SUPPORT FOR BOYS AND GIRLS VARSITY EVENTS. OTHER FUNDRAISING EVENTS ARE HELD TO REDUCE THE COSTS OF TOURNAMENT FEES SO THE YOUTH CAN PARTICIPATE IN ADDITIONAL ATHLETIC COMPETITIONS. SOME OF THE ADDITIONAL EVENTS HELD SUPPORT THE PURCHASE OF SHIRTS FOR COACHES & TRAVEL EXPENSES WHEN THE KIDS COMPETE IN AREAS THAT REQUIRE OVERNIGHT STAYS.-$24,041
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEREMY BICKFORDPresident-$0--
ANNE ROBERTSTreasurer-$0--
MANDY CRITTENDENSecretary-$0--
MIKE HENNENOfficer-$0--
SHAWN BLOCHOfficer-$0--
Filing and Contact Details

Filer

Filer Name
Jacket Hoop Boosters Inc
EIN
41-1732734
Phone
7635166776
Address
PO BOX 82, CAMBRIDGE, MN 55008

Signing Officer

Name
Anne Roberts
Title
Treasurer
Phone
3202666406
Signed
2021-12-15
Discuss with paid preparer
Yes

Preparer

Firm
Myslajek Kemp & Spencer Ltd
Address
1000 SHELARD PARKWAY 6TH FLOOR, ST LOUIS PARK, MN 55426
Preparer
Tina Wallace
Phone
9525444147
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 3,517 355 awards & banquets 3,088 tournaments & league 13,228 uniforms 868 misc 287 taxes & licenses 383 summer expense 2,400 website 810 scholarship 2,000 non-investment depreciation 394 total 27,330

Form 990-ez, Part II, Line 24

47,460 47,460 less accumulated depreciation 47,066 47,460 total 394 0

Form 990-ez, Part III

Relieve the burden of government & provide basketball programs for area youth

Form 990-ez, Part III, Line 28

The hoop boosters provide funds for cambridge isanti basketball to allow youth to participate in various tournaments and competitions. The organization supports 4th through 8th grade travel programs that consist of girls teams and boys teams. The organization also provides support for boys and girls varsity events. Other fundraising events are held to reduce the costs of tournament fees so the youth can participate in additional athletic competitions. Some of the additional events held support the purchase of shirts for coaches & travel expenses when the kids compete in areas that require overnight stays.

Raw XML Appendix143 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.

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CompensationExplanation/CompensationExplanationGrp/PersonNm0JEREMY BICKFORD
CompensationExplanation/CompensationExplanationGrp/PersonNm1ANNE ROBERTS
CompensationExplanation/CompensationExplanationGrp/PersonNm2MANDY CRITTENDEN
CompensationExplanation/CompensationExplanationGrp/PersonNm3MIKE HENNEN
CompensationExplanation/CompensationExplanationGrp/PersonNm4SHAWN BLOCH
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ISANTI
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IRS990EZ/PrimaryExemptPurposeTxt0RELIEVE THE BURDEN OF GOVERNMENT & PROVIDE BASKETBALL PROGRAMS FOR AREA YOUTH
IRS990EZ/ProgramServiceRevenueAmt022645
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE HOOP BOOSTERS PROVIDE FUNDS FOR CAMBRIDGE ISANTI BASKETBALL TO ALLOW YOUTH TO PARTICIPATE IN VARIOUS TOURNAMENTS AND COMPETITIONS. THE ORGANIZATION SUPPORTS 4TH THROUGH 8TH GRADE TRAVEL PROGRAMS THAT CONSIST OF GIRLS TEAMS AND BOYS TEAMS. THE ORGANIZATION ALSO PROVIDES SUPPORT FOR BOYS AND GIRLS VARSITY EVENTS. OTHER FUNDRAISING EVENTS ARE HELD TO REDUCE THE COSTS OF TOURNAMENT FEES SO THE YOUTH CAN PARTICIPATE IN ADDITIONAL ATHLETIC COMPETITIONS. SOME OF THE ADDITIONAL EVENTS HELD SUPPORT THE PURCHASE OF SHIRTS FOR COACHES & TRAVEL EXPENSES WHEN THE KIDS COMPETE IN AREAS THAT REQUIRE OVERNIGHT STAYS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 3,517 355 AWARDS & BANQUETS 3,088 TOURNAMENTS & LEAGUE 13,228 UNIFORMS 868 MISC 287 TAXES & LICENSES 383 SUMMER EXPENSE 2,400 WEBSITE 810 SCHOLARSHIP 2,000 NON-INVESTMENT DEPRECIATION 394 TOTAL 27,330
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt147,460 47,460 LESS ACCUMULATED DEPRECIATION 47,066 47,460 TOTAL 394 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RELIEVE THE BURDEN OF GOVERNMENT & PROVIDE BASKETBALL PROGRAMS FOR AREA YOUTH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE HOOP BOOSTERS PROVIDE FUNDS FOR CAMBRIDGE ISANTI BASKETBALL TO ALLOW YOUTH TO PARTICIPATE IN VARIOUS TOURNAMENTS AND COMPETITIONS. THE ORGANIZATION SUPPORTS 4TH THROUGH 8TH GRADE TRAVEL PROGRAMS THAT CONSIST OF GIRLS TEAMS AND BOYS TEAMS. THE ORGANIZATION ALSO PROVIDES SUPPORT FOR BOYS AND GIRLS VARSITY EVENTS. OTHER FUNDRAISING EVENTS ARE HELD TO REDUCE THE COSTS OF TOURNAMENT FEES SO THE YOUTH CAN PARTICIPATE IN ADDITIONAL ATHLETIC COMPETITIONS. SOME OF THE ADDITIONAL EVENTS HELD SUPPORT THE PURCHASE OF SHIRTS FOR COACHES & TRAVEL EXPENSES WHEN THE KIDS COMPETE IN AREAS THAT REQUIRE OVERNIGHT STAYS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANNE ROBERTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03202666406
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JACKET HOOP BOOSTERS INC
ReturnHeader/Filer/BusinessNameControlTxt0JACK
ReturnHeader/Filer/EIN0411732734
ReturnHeader/Filer/PhoneNum07635166776
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ReturnHeader/Filer/USAddress/CityNm0CAMBRIDGE
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ReturnHeader/Filer/USAddress/ZIPCd055008
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411710454
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MYSLAJEK KEMP & SPENCER LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01000 SHELARD PARKWAY 6TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST LOUIS PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055426
ReturnHeader/PreparerPersonGrp/PhoneNum09525444147
ReturnHeader/PreparerPersonGrp/PreparationDt02022-01-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TINA WALLACE
ReturnHeader/ReturnTs02022-03-02T22:10:55-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANNE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ROBERTS
ReturnHeader/TaxPeriodBeginDt02020-08-01
ReturnHeader/TaxPeriodEndDt02021-07-31
ReturnHeader/TaxYr02020

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