Tucson Heat Basketball Association
- Assets
- $13.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 09/2000
- Data as of
- 12/2018
- EIN
- 86-0870428
Organization Overview
Tucson Heat Basketball Association is located in Tucson, AZ. The organization was established in 2000. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tucson Heat Basketball Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2018, Tucson Heat Basketball Association generated $44.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $53.5k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
OUR GOAL IS TO HELP SCHOOL AGE BOYS AND GIRLS BECOME BETTER PERSONS, STUDENTS AND TEAM PLAYERS. IN 2017, WE CONDUCTED BASKETBALL CLINICS, BASKETBALL TEAM PRACTICES, TEAM WORK PROJECTS, AND PARTICIPATED IN BASKETBALL TOURNAMENTS. WE PROVIDE SCHOLARSHIPS FOR CHILDREN WHOSE FAMILIES HAVE FINANCIAL HARDSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Merritt President | 20 | $0 | |
Richard Valdez Board Member | 5 | $0 | |
Karen Sonnek Secretary/treasurer | 10 | $0 | |
Titus Palmer Board Member | 5 | $0 | |
Andrew Sonnek Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $604 |
| Total Program Service Revenue | $25,617 |
| Membership dues | $12,259 |
| Investment income | $0 |
| Gain or Loss | -$1,298 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,235 |
| Total Revenue | $44,417 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $700 |
| Occupancy, rent, utilities, and maintenance | $589 |
| Printing, publications, postage, and shipping | $135 |
| Other expenses | $52,091 |
| Total expenses | $53,515 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,877 |
| Other assets | $0 |
| Total assets | $13,211 |
| Total liabilities | $43,873 |
| Net assets or fund balances | -$30,662 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tucson Heat Basketball Association has recieved totaling $10.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ultimate Sports Association Walnut Creek, CA | $1,241,895 | $1,889,365 |
West Coast Elite El Segundo, CA | $47,085 | $1,056,757 |
National Wheelchair Basketball Association Colorado Springs, CO | $460,123 | $1,032,822 |
Colorado Titans Basketball Club Erie, CO | $120,554 | $938,742 |
Socal-Elite Sports Inc Irvine, CA | $856,246 | $1,237,491 |
National Junior Basketball Tustin, CA | $68,241 | $690,890 |
Tarkanian Basketball Academy Inc Las Vegas, NV | $1,084,791 | $736,106 |
Team Esface Inc Redwood City, CA | $170,608 | $568,435 |
Palo Alto NATIONAL JUNIOR BASKETBALL Los Altos Hills, CA | $0 | $303,126 |
Sierra Nevada Basketball Inc Reno, NV | $2,943 | $276,310 |
East Bay Basketball Officials Association Hercules, CA | $1,000 | $275,181 |
Rocklin Girls Fast Pitch Softball Rocklin, CA | $60,559 | $238,087 |