Civic Intelligence

Hv3 Foundation

990EZ • Fiscal year 2020 • EIN 83-1779871

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 17, 2021

Organization ProfileWWW.HV3FOUNDATION.COM
1337 Downs AveCharlotte, NC 28205

(704) 616-0368

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

70th percentile

13%

Higher net margin than 70% of similar nonprofits.

2020 filings • NTEE N • <$500k nonprofits • Source year 2020

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2020 filings • NTEE N • <$500k nonprofits • Source year 2020

Asset Growth

86th percentile

54%

Faster asset growth than 86% of similar nonprofits.

2020 filings • NTEE N • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

69th percentile

-11%

Faster revenue growth than 69% of similar nonprofits.

2020 filings • NTEE N • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$30,875

Up $10,863 (+54%) from 2019

Net Assets

Up

$30,875

Up $10,863 (+54%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin70th percentile

Revenue

Down

$81,395

Down $10,495 (-11%) from 2019

Expenses

Down

$70,532

Down $9,822 (-12%) from 2019

Net Income

Down

$10,863

Down $673 (-5.8%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2019: $20,012Net Assets 2019: $20,0122019Assets 2020: $30,875Net Assets 2020: $30,8752020Assets 2021: $587,743Liabilities 2021: $0Net Assets 2021: $587,7432021Assets 2022: $1,197,296Liabilities 2022: $1,540Net Assets 2022: $1,195,7562022Assets 2023: $1,410,213Liabilities 2023: $1,515Net Assets 2023: $1,408,6982023Assets 2024: $1,763,225Liabilities 2024: $0Net Assets 2024: $1,763,2252024

Highlighted filing

2020

Assets$30,875
Liabilities-
Net Assets$30,875
Open 2020 Filing

Operations Trend

Revenue Growth69th percentile

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

$1.5M$1.0M$500K$0Revenue 2019: $91,890Expenses 2019: $80,354Net Income 2019: $11,5362019Revenue 2020: $81,395Expenses 2020: $70,532Net Income 2020: $10,8632020Revenue 2021: $764,482Expenses 2021: $207,614Net Income 2021: $556,8682021Revenue 2022: $1,392,092Expenses 2022: $781,781Net Income 2022: $610,3112022Revenue 2023: $1,180,931Expenses 2023: $968,989Net Income 2023: $211,9422023Revenue 2024: $1,254,255Expenses 2024: $899,728Net Income 2024: $354,5272024

Highlighted filing

2020

Revenue$81,395
Expenses$70,532
Net Income$10,863
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 17, 2021
Return Version
2020v4.0
Gross Receipts
$81,395
Mission and Program Overview

Mission

Youth sports and after-school programs are becoming less affordable. The mission of the hv3 foundation is to increase access and inclusion for all youth in sports through education, advocacy, and sport programs, by subsidizing and/or operating such programs for individuals who cannot afford them.

Program Services

DescriptionGrantsExpenses
WORK WITH SPORTS PROGRAMS TO GRANT YOUTH ACCESS TO SPORTS; DEVELOP AND PROMOTE YOUTH ACCESS TO SPORT CAMPS AND AFTER-SCHOOL PROGRAMS; DISTRIBUTE FUNDS TO VARIOUS ORGANIZATIONS PROMOTING YOUTH SPORTS PROGRAMS$70,532-
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HAROLD VARNER IIIChairman-$0--
RAY FARNELLDirector-$0--
PATRICK HORNEMANDirector-$0--
DAVID MCMAHANTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Hv3 Foundation
EIN
83-1779871
Phone
7046160368
Address
1337 DOWNS AVE, CHARLOTTE, NC 28205

Signing Officer

Name
Harold Varner Iii
Title
Chairman
Signed
2021-08-17
Discuss with paid preparer
Yes

Preparer

Firm
G3 Accounting Tax
Address
652 N Charter Hall Dr, Palatine, IL 60067
Preparer
Susan L Goetz CPA
Phone
3126563519
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $4366”

Other Expenses.1002

“Office Expenses $7576”

Other Expenses.1005

“Travel $1838”

Other Expenses.1

“EVENT EXPENSES $42357”

Other Expenses.2

“Charitable donations $5800”

Raw XML Appendix147 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum03126563519
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PALATINE
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020012
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt030875
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IRS990EZ/ContributionsGiftsGrantsEtcAmt081392
IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/DonorAdvisedFndsInd0false
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt081395
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HAROLD VARNER III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RAY FARNELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PATRICK HORNEMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAVID MCMAHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt061937
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0YOUTH SPORTS AND AFTER-SCHOOL PROGRAMS ARE BECOMING LESS AFFORDABLE. THE MISSION OF THE HV3 FOUNDATION IS TO INCREASE ACCESS AND INCLUSION FOR ALL YOUTH IN SPORTS THROUGH EDUCATION, ADVOCACY, AND SPORT PROGRAMS, BY SUBSIDIZING AND/OR OPERATING SUCH PROGRAMS FOR INDIVIDUALS WHO CANNOT AFFORD THEM.
IRS990EZ/PrintingPublicationsPostageAmt0245
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WORK WITH SPORTS PROGRAMS TO GRANT YOUTH ACCESS TO SPORTS; DEVELOP AND PROMOTE YOUTH ACCESS TO SPORT CAMPS AND AFTER-SCHOOL PROGRAMS; DISTRIBUTE FUNDS TO VARIOUS ORGANIZATIONS PROMOTING YOUTH SPORTS PROGRAMS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt070532
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt070532
IRS990EZ/TotalProgramServiceExpensesAmt070532
IRS990EZ/TotalRevenueAmt081395
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0WWW.HV3FOUNDATION.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt081392
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt091872
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0173264
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0173264
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt081392
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt091872
IRS990ScheduleA/Total509Grp/TotalAmt0173264
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt081392
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt091872
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0173264
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $4366
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $7576
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $1838
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EVENT EXPENSES $42357
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CHARITABLE DONATIONS $5800
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HAROLD VARNER III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HV3 FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HV3F
ReturnHeader/Filer/EIN0831779871
ReturnHeader/Filer/PhoneNum07046160368
ReturnHeader/Filer/USAddress/AddressLine1Txt01337 DOWNS AVE
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028205
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204011148
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0G3 Accounting Tax
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Palatine
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060067
ReturnHeader/PreparerPersonGrp/PhoneNum03126563519
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Susan L Goetz CPA
ReturnHeader/ReturnTs02021-08-17T14:04:20-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HAROLD VARNER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0III
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,875
Liabilities
-
Net assets
$30,875
Revenue
$81,395
Expenses
$70,532
Net income
$10,863
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.76$0.00$1.76$1.25$0.90$0.35
2023Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$1.18$0.97$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$1.39$0.78$0.61
2021Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.76$0.21$0.56
2020Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.08$0.07$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.09$0.08$0.01