Civic Intelligence

Blazing Hearts

990 • Fiscal year 2021 • EIN 83-1925808

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 17, 2022

230 S MccarthyAppleton, WI 54915

(920) 750-5180

Siviq Scores

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

Liabilities / Assets

95th percentile

1.02x

Higher debt load relative to assets than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

88th percentile

0.34x

Higher debt load relative to revenue than 88% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

26th percentile

-7.7%

Higher net margin than 26% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

67th percentile

21%

Faster asset growth than 67% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

58th percentile

15%

Faster revenue growth than 58% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$155,095

Up $27,268 (+21%) from 2020

Net Assets

Down

-$3,876

Down $36,600 (-112%) from 2020

Liabilities

Up

$158,971

Up $63,868 (+67%) from 2020

Revenue

Up

$473,456

Up $61,006 (+15%) from 2020

Expenses

Up

$510,056

Up $97,306 (+24%) from 2020

Net Income

Down

-$36,600

Down $36,300 (-12100%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2020: $127,827Liabilities 2020: $95,103Net Assets 2020: $32,7242020Assets 2021: $155,095Liabilities 2021: $158,971Net Assets 2021: -$3,8762021Assets 2022: $208,373Liabilities 2022: $210,347Net Assets 2022: -$1,9742022Assets 2023: $40,459Liabilities 2023: $21,517Net Assets 2023: $18,9422023Assets 2024: $185,248Liabilities 2024: $0Net Assets 2024: $185,2482024

Highlighted filing

2021

Assets$155,095
Liabilities$158,971
Net Assets-$3,876

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2020: $412,450Expenses 2020: $412,750Net Income 2020: -$3002020Revenue 2021: $473,456Expenses 2021: $510,056Net Income 2021: -$36,6002021Revenue 2022: $601,835Expenses 2022: $599,933Net Income 2022: $1,9022022Revenue 2023: $864,781Expenses 2023: $843,865Net Income 2023: $20,9162023Revenue 2024: $1,118,335Expenses 2024: $952,029Net Income 2024: $166,3062024

Highlighted filing

2021

Revenue$473,456
Expenses$510,056
Net Income-$36,600
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 17, 2022
Return Version
2021v4.2
Gross Receipts
$473,456
Mission and Program Overview

Mission

Providing training and exposure to amateur athletes in a safe, secure and holistic environment that builds the complete athlete mentally, physically, socially, financially and spiritually to be champions for life who give back to their community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$88,165$100,090▲ $11,925
Cash and Non-Interest-Bearing Accounts$39,662$55,005▲ $15,343
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$32,724$-3,876▼ $36,600
Total Assets$127,827$155,095▲ $27,268
Liabilities
Accounts Payable and Accrued Expenses$95,103$158,971▲ $63,868
Total Liabilities$95,103$158,971▲ $63,868
Net Assets / Fund Balance
Total Net Assets Fund Balance$32,724$-3,876▼ $36,600
Total Liabilities and Net Assets / Fund Balance$127,827$155,095▲ $27,268
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bacelisa Melendez Van WykPresident
Timothy Van WykVice-president
Jim McgloneSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$55,082
Program Service Revenue
$417,849
Investment Income
$50
Other Revenue
$475
All Other Contributions
$55,082
Change in Net Assets
$-36,600
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$510,056
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$36,598$13,132-$49,730
Information Technology-$30,391-$30,391
Fees for Services Management-$30,000-$30,000
All Other Expenses$15,960$11,461-$27,421
Other Expenses$27,137$143,904-$27,137
Advertising$5,654$11,857-$17,511
Office Expenses-$12,666-$12,666
Fees for Services Other-$10,929-$10,929
Insurance-$5,128-$5,128
Travel-$1,680-$1,680
Total Functional Expenses$238,908$271,148$0$510,056
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
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Timothy van wyk and lisa van wyk are husband and wife. Lisa van wyk is also owner of blaze sports & fitness which helps adults and youths with their sports, fitness and wellness goals. She trains champions for life.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the board before filing.

Form 990, Part VI, Section B, Line 12C

If the interest exists, the interested person shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Procedures for addressing the conflict of interest: a. An interested person may make a presentation at the board or authorized committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the board or authorized committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the board or authorized committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board or authorized committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Blazing Hearts Inc
EIN
83-1925808
Phone
9207505180
Address
230 S MCCARTHY, APPLETON, WI 54915

Signing Officer

Name
Bacelisa Melendez Van Wyk
Title
President
Phone
9207505180
Signed
2022-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bacelisa Melendez Van Wyk
Formed
2018
Legal Domicile
Wi
Voting Board Members
3
Independent Board Members
3
Employees
1
Volunteers
3

Preparer

Firm
Baker Tilly US Llp
Address
777 E WISCONSIN AVENUE 32ND FLOOR, MILWAUKEE, WI 53202
Preparer
Troy Marine CPA
Phone
4147775500
Raw XML Appendix369 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TIMOTHY VAN WYK AND LISA VAN WYK ARE HUSBAND AND WIFE. LISA VAN WYK IS ALSO OWNER OF BLAZE SPORTS & FITNESS WHICH HELPS ADULTS AND YOUTHS WITH THEIR SPORTS, FITNESS AND WELLNESS GOALS. SHE TRAINS CHAMPIONS FOR LIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF THE INTEREST EXISTS, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: A. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR AUTHORIZED COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B. THE CHAIRPERSON OF THE BOARD OR AUTHORIZED COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR AUTHORIZED COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR AUTHORIZED COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0127827
IRS990/TotalAssetsEOYAmt0155095
IRS990/TotalAssetsGrp/BOYAmt0127827
IRS990/TotalAssetsGrp/EOYAmt0155095
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt055082
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0271148
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0238908
IRS990/TotalFunctionalExpensesGrp/TotalAmt0510056
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt095103
IRS990/TotalLiabilitiesEOYAmt0158971
IRS990/TotalLiabilitiesGrp/BOYAmt095103
IRS990/TotalLiabilitiesGrp/EOYAmt0158971
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt032724
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-3876
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt019131
IRS990/TotalOtherProgSrvcRevenueAmt021135
IRS990/TotalProgramServiceExpensesAmt0238908
IRS990/TotalProgramServiceRevenueAmt0417849
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0525
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0417849
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0473456
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0127827
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0155095
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01680
IRS990/TravelGrp/TotalAmt01680
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0230 S MCCARTHY
IRS990/USAddress/CityNm0APPLETON
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd054915
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0BLAZINGHEARTS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BACELISA MELENDEZ VAN WYK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09207505180
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLAZING HEARTS INC
ReturnHeader/Filer/BusinessNameControlTxt0BLAZ
ReturnHeader/Filer/EIN0831925808
ReturnHeader/Filer/PhoneNum09207505180
ReturnHeader/Filer/USAddress/AddressLine1Txt0230 S MCCARTHY
ReturnHeader/Filer/USAddress/CityNm0APPLETON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054915
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAKER TILLY US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0777 E WISCONSIN AVENUE 32ND FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MILWAUKEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053202
ReturnHeader/PreparerPersonGrp/PhoneNum04147775500
ReturnHeader/PreparerPersonGrp/PreparationDt02022-08-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TROY MARINE CPA
ReturnHeader/ReturnTs02022-08-17T15:54:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BACELISA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MELENDEZ VAN WYK
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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