Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Minnesota Ice Hawks Inc
EIN 41-1898202 • 501(c)4 • Cleveland, MN
Profile
Establish an amateur advanced level ice hockey team and to promote interest therein
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.24x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
26th percentile
Higher net margin than 26% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
7th percentile
Faster revenue growth than 7% of similar nonprofits.
Balance Sheet
Assets
Down$54,551
Down $31,373 (-37%) from 2018
Liabilities
Down$13,306
Down $28,869 (-68%) from 2018
Net Assets
Down$41,245
Down $2,504 (-5.7%) from 2018
Revenue
Down$16,454
Down $240,767 (-94%) from 2018
Expenses
Down$18,958
Down $247,429 (-93%) from 2018
Net Income
Up-$2,504
Up $6,662 (+73%) from 2018
Trend Graphs
Filings
Most recent year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $54,551
- Liabilities
- $13,306
- Net assets
- $41,245
- Revenue
- $16,454
- Expenses
- $18,958
- Net income
- -$2,504
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2018 to May 31, 2019
- Signed
- Oct 11, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $16,454
Mission and Program Overview
Mission
Establish an amateur advanced level ice hockey team and to promote interest therein
Program Services
| Description | Grants | Expenses |
|---|---|---|
| HOCKEY DEVELOPEMENT OPERATIONS CEASED AND THE HOCKEY TEAM WAS SOLD IN APRIL 2018, THEREFOR THERE WERE NO PROGRAM SERVICE ACCOMPLISHMENTS IN THE CURRECT YEAR. 990-N WILL BE FILED IN FUTURE YEARS UNTIL THE ORGANIZATION IS DISOLVED. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MICHAEL FATIS | President | - | $0 | - | - |
| NANCY FENRICK | Secretary/Treas | - | $0 | - | - |
| NICHOLAS FENRICK | Vice President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Minnesota Ice Hawks Inc
- EIN
- 41-1898202
- Phone
- 5073824136
- Address
- 46807 CAPE HORN ROAD, CLEVELAND, MN 56017
Signing Officer
- Name
- Michael Fatis
- Title
- President
- Signed
- 2019-10-11
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Andring Collins Norman CPAs
- Address
- 1628 S Riverfront Dr, Mankato, MN 56001
- Preparer
- Bruce R Hendrycks CPA
- Phone
- 5073885858
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $3444”
Other Expenses.1008
“Interest $3025”
Other Expenses.1012
“Insurance $52”
Other Expenses.1
“TELECOMMUNICATIONS $4157”
Other Expenses.2
“MISCELLANEOUS $199”
Other Assets.1004
“Miscellaneous - Beginning $1744 Miscellaneous - Ending $1744”
Other Assets.1009
“Notes and Loans Receivable - Beginning $50000 Notes and Loans Receivable - Ending $38268”
Other Assets.1010
“Inventories - Beginning $3700 Inventories - Ending $3700”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $1925 Prepaid Expenses and Deferred Charges - Ending $2296”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $647 Accounts Payable and Accrued Expenses - Ending $1479”
Total Liabilities.1007
“Secured Mortgages and Notes Payable - Beginning $24000 Secured Mortgages and Notes Payable - Ending $11827”
Total Liabilities.1
“PAYROLL LIABILITIES - Beginning $17244 PAYROLL LIABILITIES - Ending $0”
Total Liabilities.2
“- Beginning $0 - Ending $0”
Raw XML Appendix127 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 | NANCY FENRICK |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5073824136 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 46807 CAPE HORN ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CLEVELAND |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 56017 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 28555 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 8543 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -2504 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 6250 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 85924 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 54551 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 16454 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 13254 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 43749 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 41245 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 43749 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 41245 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1831 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MICHAEL FATIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | NANCY FENRICK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | NICHOLAS FENRICK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary/Treas |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Vice President |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 57369 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 46008 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 10877 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | ESTABLISH AN AMATEUR ADVANCED LEVEL ICE HOCKEY TEAM AND TO PROMOTE INTEREST THEREIN |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 3200 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | HOCKEY DEVELOPEMENT OPERATIONS CEASED AND THE HOCKEY TEAM WAS SOLD IN APRIL 2018, THEREFOR THERE WERE NO PROGRAM SERVICE ACCOMPLISHMENTS IN THE CURRECT YEAR. 990-N WILL BE FILED IN FUTURE YEARS UNTIL THE ORGANIZATION IS DISOLVED. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 42175 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 13306 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 18958 |
| IRS990EZ/TotalRevenueAmt | 0 | 16454 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $3444 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Interest $3025 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Insurance $52 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TELECOMMUNICATIONS $4157 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | MISCELLANEOUS $199 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Miscellaneous - Beginning $1744 Miscellaneous - Ending $1744 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Notes and Loans Receivable - Beginning $50000 Notes and Loans Receivable - Ending $38268 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Inventories - Beginning $3700 Inventories - Ending $3700 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Prepaid Expenses and Deferred Charges - Beginning $1925 Prepaid Expenses and Deferred Charges - Ending $2296 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Accounts Payable and Accrued Expenses - Beginning $647 Accounts Payable and Accrued Expenses - Ending $1479 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Secured Mortgages and Notes Payable - Beginning $24000 Secured Mortgages and Notes Payable - Ending $11827 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | PAYROLL LIABILITIES - Beginning $17244 PAYROLL LIABILITIES - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | - Beginning $0 - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1008 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Assets.1004 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Assets.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.1010 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1007 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Total Liabilities.2 |
| ReturnHeader/BuildTS | 0 | 2020-01-14 16:20:31Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL FATIS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-10-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MINNESOTA ICE HAWKS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MINN |
| ReturnHeader/Filer/EIN | 0 | 411898202 |
| ReturnHeader/Filer/PhoneNum | 0 | 5073824136 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 46807 CAPE HORN ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CLEVELAND |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 56017 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411675702 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Andring Collins Norman CPAs |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1628 S Riverfront Dr |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Mankato |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 56001 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5073885858 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Bruce R Hendrycks CPA |
| ReturnHeader/ReturnTs | 0 | 2019-10-11T09:28:43-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-06-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-05-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.