Minnesota Heat Hoops Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 392,333 | 391,940 | 393 | 0.1 | 20% |
| 2012 | 429,553 | 435,491 | −5,938 | 0.3 | 21% |
| 2013 | 641,045 | 624,509 | 16,536 | 0.4 | 15% |
| 2014 | 654,669 | 663,402 | −8,733 | 0.3 | 23% |
| 2015 | 713,226 | 713,553 | −327 | 0.2 | 21% |
| 2016 | 750,816 | 710,431 | 40,385 | 1.0 | 18% |
| 2017 | 923,336 | 929,347 | −6,011 | 0.7 | 16% |
| 2018 | 939,592 | 911,268 | 28,324 | 1.0 | 20% |
| 2019 | 1,004,810 | 967,228 | 37,582 | 1.4 | 19% |
| 2020 | 881,188 | 853,696 | 27,492 | 1.9 | 25% |
| 2021 | 727,071 | 826,740 | −99,669 | 0.5 | 20% |
| 2022 | 726,987 | 630,397 | 96,590 | 2.6 | 12% |
| 2023 | 1,611,250 | 1,522,232 | 89,018 | 2.7 | 23% |
In its most recent public year (2023), this organization brought in $89,018 more than it spent. Its reserves stood at about 2.7 months of spending, up from 0.1 in 2011. Staff pay was 23% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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