Civic Intelligence

Miami Hype Inc

990 • Fiscal year 2019 • EIN 47-3349821

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 24, 2020

Organization ProfileWWW.MIAMIHYPE.NET
14740 SW 147 CTMiami, FL 33196

(305) 742-9992

Siviq Scores

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

Liabilities / Assets

91st percentile

0.83x

Higher debt load relative to assets than 91% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

72nd percentile

0.15x

Higher debt load relative to revenue than 72% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

39th percentile

-0.1%

Higher net margin than 39% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

57th percentile

$24,410

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

97th percentile

197%

Faster asset growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

78th percentile

29%

Faster revenue growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$98,079

Up $65,032 (+197%) from 2018

Net Assets

Up

$16,204

Up $6,363 (+65%) from 2018

Liabilities

Up

$81,875

Up $58,669 (+253%) from 2018

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin39th percentile

Revenue

Up

$562,927

Up $125,639 (+29%) from 2018

Expenses

Up

$563,546

Up $129,437 (+30%) from 2018

Net Income

Down

-$619

Down $3,798 (-119%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$1.0M$500K$0-$500KAssets 2016: $204Liabilities 2016: $6,149Net Assets 2016: -$5,9452016Assets 2017: $11,756Liabilities 2017: $8,620Net Assets 2017: $3,1362017Assets 2018: $33,047Liabilities 2018: $23,206Net Assets 2018: $9,8412018Assets 2019: $98,079Liabilities 2019: $81,875Net Assets 2019: $16,2042019Assets 2020: $175,510Liabilities 2020: $157,553Net Assets 2020: $17,9572020Assets 2021: $286,648Liabilities 2021: $184,820Net Assets 2021: $101,8282021Assets 2022: $462,138Liabilities 2022: $509,856Net Assets 2022: -$47,7182022Assets 2023: $947,129Liabilities 2023: $944,420Net Assets 2023: $2,7092023

Highlighted filing

2019

Assets$98,079
Liabilities$81,875
Net Assets$16,204
Open 2019 Filing

Operations Trend

Revenue Growth78th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2016: $190,158Expenses 2016: $196,103Net Income 2016: -$5,9452016Revenue 2017: $284,759Expenses 2017: $281,623Net Income 2017: $3,1362017Revenue 2018: $437,288Expenses 2018: $434,109Net Income 2018: $3,1792018Revenue 2019: $562,927Expenses 2019: $563,546Net Income 2019: -$6192019Revenue 2020: $460,785Expenses 2020: $460,032Net Income 2020: $7532020Revenue 2021: $1,110,650Expenses 2021: $1,051,730Net Income 2021: $58,9202021Revenue 2022: $1,414,924Expenses 2022: $1,479,871Net Income 2022: -$64,9472022Revenue 2023: $1,603,516Expenses 2023: $1,601,838Net Income 2023: $1,6782023

Highlighted filing

2019

Revenue$562,927
Expenses$563,546
Net Income-$619
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 24, 2020
Return Version
2019v5.1
Gross Receipts
$562,927
Mission and Program Overview

Mission

Miami Hype is dedicated to fostering a sense of community throughout the club and promoting leadership in all club members by teaching and instilling values such as sportsmanship hard work, and integrity, on and off the court.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$33,047$98,079▲ $65,032
Rtn Earn Endowment Incm Other Fnds$9,841$16,204▲ $6,363
Total Assets$33,047$98,079▲ $65,032
Liabilities
Accounts Payable and Accrued Expenses$23,206$81,875▲ $58,669
Total Liabilities$23,206$81,875▲ $58,669
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,841$16,204▲ $6,363
Total Liabilities and Net Assets / Fund Balance$33,047$98,079▲ $65,032
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jessica M RodriguezActivities CoordinatorFT$24,410$24,410

Board Members and Trustees

NameTitle
Emilio D RodriguezPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$562,927
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-619
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$539,136
Salaries, Compensation, and Employee Benefits$24,410
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$199,014$0$0$199,014
Travel$106,896$0$0$106,896
Conferences and Meetings$27,739$0$0$27,739
Current Officers, Directors, Trustees, and Key Employees$0$24,410$0$24,410
Occupancy$21,975$0$0$21,975
Information Technology$0$10,008$0$10,008
Office Expenses$0$9,512$0$9,512
Advertising$8,961$0$0$8,961
Fees for Services Accounting$0$1,600$0$1,600
Insurance$0$149$0$149
Total Functional Expenses$364,585$198,961$0$563,546
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
Yes
Audit committee
No
Business relationship with 35% controlled entity
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
Filing and Contact Details

Filer

Filer Name
Miami Hype Inc
EIN
47-3349821
Phone
3057429992
Address
14740 SW 147 CT, MIAMI, FL 33196

Signing Officer

Name
Emilio D Rodriguez
Title
President
Phone
3057429992
Signed
2020-06-24

Organization Details

Principal Officer
Emilio D Rodriguez
Formed
2015
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Silvio Santana CPA Pa
Address
9961 SW 70 ST, MIAMI, FL 33173
Preparer
Silvio Santana
Phone
3052758811
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Board Meeting”

Pt VI, Line 2

“Husband and Wife”

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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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$98,079
Liabilities
$81,875
Net assets
$16,204
Revenue
$562,927
Expenses
$563,546
Net income
-$619
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.95$0.94$0.00$1.60$1.60$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.51$0.05$1.41$1.48$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.18$0.10$1.11$1.05$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.16$0.02$0.46$0.46$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.10$0.08$0.02$0.56$0.56$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.02$0.01$0.44$0.43$0.00
2017Summary only. Only limited summary data is available for this year.$0.01$0.01$0.00$0.28$0.28$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.01$0.01$0.19$0.20$0.01