Civic Intelligence

Charlotte Performance Institute of Sports Technology & Buisness Inc.

990EZ • Fiscal year 2017 • EIN 47-4144695

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

Organization Profilewww.lakenormanhornets.com
16439 Leavitt LnDavidson, NC 28036

(980) 253-1271

Siviq Scores

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

Liabilities / Assets

66th percentile

0.00x

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

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.00x

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

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Net Margin

89th percentile

28%

Higher net margin than 89% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Top Officer Pay

90th percentile

$4,575

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Balance Sheet
Liabilities / Assets66th percentile

Assets

$27,427

No earlier filing loaded for comparison.

Net Assets

$27,427

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin89th percentile

Revenue

$99,179

No earlier filing loaded for comparison.

Expenses

$71,752

No earlier filing loaded for comparison.

Net Income

$27,427

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0-$50KAssets 2017: $27,427Liabilities 2017: $0Net Assets 2017: $27,4272017Assets 2018: $34,454Liabilities 2018: $0Net Assets 2018: $34,4542018Assets 2019: $22,793Liabilities 2019: $0Net Assets 2019: $22,7932019Assets 2020: $60,952Liabilities 2020: $108,000Net Assets 2020: -$47,0482020Assets 2021: $59,492Liabilities 2021: $108,000Net Assets 2021: -$48,5082021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: -$48,5082022Assets 2023: $0Net Assets 2023: -$48,5082023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2017

Assets$27,427
Liabilities$0
Net Assets$27,427
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$300K$200K$100K$0-$100KRevenue 2017: $99,179Expenses 2017: $71,752Net Income 2017: $27,4272017Revenue 2018: $167,356Expenses 2018: $160,329Net Income 2018: $7,0272018Revenue 2019: $316,251Expenses 2019: $327,912Net Income 2019: -$11,6612019Revenue 2020: $101,047Expenses 2020: $170,888Net Income 2020: -$69,8412020Revenue 2021: $90,833Expenses 2021: $92,294Net Income 2021: -$1,4612021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $02024

Highlighted filing

2017

Revenue$99,179
Expenses$71,752
Net Income$27,427
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.2
Gross Receipts
$99,179
Mission and Program Overview

Mission

Boys & Girls Basketball Amateur Athletic Union AAU Team Youth Sports Program Promoting physical, mental, and moral development of amateur basketball teams, players, & volunteers with 12 teams of 100-120 players

Program Services

DescriptionGrantsExpenses
BOYS & GIRLS BASKETBALL - 12 ACTIVE TEAMS - 100-120 PLAYERS-$71,291
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICO GRIERPresidentPT$4,575-$4,575
CHARLES DINOLFOCEO-$0--
Filing and Contact Details

Filer

Filer Name
Lake Norman Hornets Inc
EIN
47-4144695
Phone
9802531271
Address
16439 LEAVITT LN, DAVIDSON, NC 28036

Signing Officer

Name
Rico Grier
Title
President
Phone
9802531271
Signed
2018-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Solestine M Lancaster CPA
Address
PO Box 31791, Charlotte, NC 28231
Preparer
Solestine M Lancaster CPA
Phone
7043432705
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“PROGRAM EXPENSES 71291.”

Form 990EZ, Part I, Line 16

“Management & general expenses 461.”

Raw XML Appendix123 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RICO GRIER
IRS990EZ/BooksInCareOfDetail/PhoneNum09802531271
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt016439 LEAVITT LN
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DAVIDSON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028036
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt027427
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt027427
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt027427
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt099179
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt027427
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt027427
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt012.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt04575
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICO GRIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHARLES DINOLFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt071752
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Boys & Girls Basketball Amateur Athletic Union AAU Team Youth Sports Program Promoting physical, mental, and moral development of amateur basketball teams, players, & volunteers with 12 teams of 100-120 players
IRS990EZ/ProgramServiceRevenueAmt099179
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BOYS & GIRLS BASKETBALL - 12 ACTIVE TEAMS - 100-120 PLAYERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt071291
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt071752
IRS990EZ/TotalProgramServiceExpensesAmt071291
IRS990EZ/TotalRevenueAmt099179
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.lakenormanhornets.com
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt099179
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt099179
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt099179
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt099179
IRS990ScheduleA/Total509Grp/TotalAmt099179
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt099179
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRAM EXPENSES 71291.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT & GENERAL EXPENSES 461.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICO GRIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09802531271
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE NORMAN HORNETS INC
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0474144695
ReturnHeader/Filer/PhoneNum09802531271
ReturnHeader/Filer/USAddress/AddressLine1Txt016439 LEAVITT LN
ReturnHeader/Filer/USAddress/CityNm0DAVIDSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028036
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0598ABDE63D84D1AEAADF6A9686CC3796BDEE9203
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0598ABDE63D84D1AEAADF6A9686CC3796BDEE9203
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.24.169.234
ReturnHeader/FilingSecurityInformation/IPDt02018-10-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm013:14:05
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SOLESTINE M LANCASTER CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 31791
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Charlotte
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028231
ReturnHeader/PreparerPersonGrp/PhoneNum07043432705
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SOLESTINE M LANCASTER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-10-02T13:14:11-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,427
Liabilities
$0
Net assets
$27,427
Revenue
$99,179
Expenses
$71,752
Net income
$27,427
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.49$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.49$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.59$1.08$0.49$0.91$0.92$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.61$1.08$0.47$1.01$1.71$0.70
2019Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$3.16$3.28$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$1.67$1.60$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.99$0.72$0.27