Civic Intelligence

Minnesota Ice Hawks Inc

990 • Fiscal year 2013 • EIN 41-1898202

Jun 01, 2012 to May 31, 2013 • Filed on Aug 31, 2013

46807 Cape Horn Road56017
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$88,165

Flat from 2013

Net Assets

Flat

$80,007

Flat from 2013

Liabilities

Flat

$8,158

Flat from 2013

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$423,104

Flat from 2013

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $100,947Liabilities 2011: $7,854Net Assets 2011: $93,0932011Assets 2012: $71,561Liabilities 2012: $5,047Net Assets 2012: $66,5142012Assets 2013: $88,165Liabilities 2013: $8,158Net Assets 2013: $80,0072013Assets 2013: $88,165Liabilities 2013: $8,158Net Assets 2013: $80,0072013Assets 2014: $76,566Liabilities 2014: $7,023Net Assets 2014: $69,5432014Assets 2015: $131,744Liabilities 2015: $8,668Net Assets 2015: $123,0762015Assets 2016: $95,967Liabilities 2016: $12,082Net Assets 2016: $83,8852016Assets 2017: $61,123Liabilities 2017: $8,208Net Assets 2017: $52,9152017Assets 2018: $85,924Liabilities 2018: $42,175Net Assets 2018: $43,7492018Assets 2019: $54,551Liabilities 2019: $13,306Net Assets 2019: $41,2452019

Highlighted filing

2013

Assets$88,165
Liabilities$8,158
Net Assets$80,007

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $407,3812011Expenses 2012: $397,8212012Expenses 2013: $423,1042013Revenue 2013: $436,597Expenses 2013: $423,104Net Income 2013: $13,4932013Revenue 2014: $393,618Expenses 2014: $404,082Net Income 2014: -$10,4642014Revenue 2015: $453,936Expenses 2015: $400,403Net Income 2015: $53,5332015Revenue 2016: $302,005Expenses 2016: $341,196Net Income 2016: -$39,1912016Revenue 2017: $293,111Expenses 2017: $324,081Net Income 2017: -$30,9702017Revenue 2018: $257,221Expenses 2018: $266,387Net Income 2018: -$9,1662018Revenue 2019: $16,454Expenses 2019: $18,958Net Income 2019: -$2,5042019

Highlighted filing

2013

Revenue-
Expenses$423,104
Net Income-
Jump To
Filing Snapshot
Filing Period
Jun 1, 2012 to May 31, 2013
Signed
Aug 31, 2013
Return Version
2012v2.1
Gross Receipts
$487,077
Mission and Program Overview

Mission

Establish an amateur advanced level ice hockey team and to promote interest therein

Major Activities

Activity 2
The minnesota ice hawks provided concessions consisting of beer, pizza, and other food items during its hockey games for the convenience and comfort of its fans and to encourage greater attendance and appreciation of hockey events. In addition, souvenirs related to its team are also sold at games. To further encourage interest in hockey and skating among youth, minnesota ice hawks now provides similar concessions at high school hockey games and ice skating events at the center where its games are held. Concessions were provided at 24 ice hawks games to about 750 fans at each game as well as to fans at the high school hockey and figure skating events.
Activity 3
Service to charitable organizations -- minnesota ice hawks provided the venue to promote many charitable organizations during the year as follows: toys for tots activities are scheduled for 4 to 5 games preceding christmas; beyond the yellow ribbon for military families was given fundraising opportunities; and the susan g. Komen breast cancer awareness program had an opportunity to promote their programs.. The minnesota ice hawks also participated in mayo clinic concussion assessment research project. All players participated in preseason baseline testing and were observed during all games for physical contact that could result in neurological concerns. Those with such concerns were then reassessed for concussion symptoms. Lastly, players and fans participated in the movember fundraiser for prostate cancer research by growing beards as part of the fundraising effort. Our organization received no proceeds from the fundraisers and our expenses were provided in-kind and were not measured.
Filing and Contact Details

Filer

EIN
41-1898202
Raw XML Appendix342 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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IRS990/Activity2/Description0THE MINNESOTA ICE HAWKS PROVIDED CONCESSIONS CONSISTING OF BEER, PIZZA, AND OTHER FOOD ITEMS DURING ITS HOCKEY GAMES FOR THE CONVENIENCE AND COMFORT OF ITS FANS AND TO ENCOURAGE GREATER ATTENDANCE AND APPRECIATION OF HOCKEY EVENTS. IN ADDITION, SOUVENIRS RELATED TO ITS TEAM ARE ALSO SOLD AT GAMES. TO FURTHER ENCOURAGE INTEREST IN HOCKEY AND SKATING AMONG YOUTH, MINNESOTA ICE HAWKS NOW PROVIDES SIMILAR CONCESSIONS AT HIGH SCHOOL HOCKEY GAMES AND ICE SKATING EVENTS AT THE CENTER WHERE ITS GAMES ARE HELD. CONCESSIONS WERE PROVIDED AT 24 ICE HAWKS GAMES TO ABOUT 750 FANS AT EACH GAME AS WELL AS TO FANS AT THE HIGH SCHOOL HOCKEY AND FIGURE SKATING EVENTS.
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IRS990ScheduleO/GeneralExplanation/Explanation0MINNESOTA ICE HAWKS HAVE BEEN FORTUNATE IN THAT MANY INDIVIDUALS HAVE BEEN EAGER TO VOLUNTEER THEIR TIME IN SUPPORT OF THEIR ORGANIZATION. EACH GAME ABOUT 15 VOLUNTEERS ARE PRESENT AS HAND STAMPERS, PIZZA AND BEER SELLERS, SCOREKEEPERS, AND TO ASSIST IN THE PENALTY BOX, WITH SET-UP, GOAL SCORING, PHOTOGRAPHY, AND OTHER TASKS. VOLUNTEER HOURS FOR THE YEAR ARE ESTIMATED AT 1,300.
IRS990ScheduleO/GeneralExplanation/Explanation1FUNDRAISER FOR PROSTATE CANCER RESEARCH BY GROWING BEARDS AS PART OF THE FUNDRAISING EFFORT. OUR ORGANIZATION RECEIVED NO PROCEEDS FROM THE FUNDRAISERS AND OUR EXPENSES WERE PROVIDED IN-KIND AND WERE NOT MEASURED.
IRS990ScheduleO/GeneralExplanation/Explanation2PLAYERS ARE ENCOURAGED TO AND DO PARTICIPATE IN A VARIETY OF VOLUNTEER ACTIVITIES THROUGHOUT THE SEASON. ACTIVITIES INCLUDED: RONALD MCDONALD HOUSE, READING IN THE SCHOOLS, VISITS TO DAYCARE CENTERS, BELL RINGING AT CHRISTMAS TIME, AND HOSPITAL VISITS. THE ORGANIZATION HAS NO RECEIPTS FROM THESE ACTIVITIES. COSTS ARE IN-KIND AND NOT MEASURED.
IRS990ScheduleO/GeneralExplanation/Explanation3MICHAEL FATIS NANCY FENRICK PRESIDENT/GM SEC/TREAS HUSBAND AND WIFE MICHAEL FATIS NICOLAS FATIS PRESIDENT/GM VICE PRES FATHER AND SON NANCY FENRICK NICOLAS FATIS SEC / TREAS VICE PRES MOTHER AND SON
IRS990ScheduleO/GeneralExplanation/Explanation4THE MINNESOTA ICE HAWKS HAVE THE FORM 990 PROFESSIONALLY PREPARED, WITH THE CFO PROVIDING THE NECESSARY INFORMATION TO THE CPA FIRM. WHEN THE RETURN HAS BEEN COMPLETED, THE CFO REVIEWS THE RETURN FOR COMPLETENESS AND ACCURACY. THE BOARD THEN MEETS TO REVIEW AND DISCUSS THE RETURN. AFTER ANY ISSUES ARE RESOLVED, THE RETURN IS APPROVED FOR FILING.
IRS990ScheduleO/GeneralExplanation/Explanation5GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
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IRS990ScheduleO/GeneralExplanation/Identifier4ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier5GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
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ReturnHeader/Preparer/Name0DAVID J RICHARD
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