Minnesota Heat Hoops Inc

Unknown organization based in Maple Grove, MN. 4 employees. Exempt under §501(c)(3).

MissionCHARITABLE AND EDUCATIONAL PURPOSES: -PROVIDING BASKETBALL PROGRAMS TO CHILDREN THAT OTHERWISE COULD NOT AFFORD TO PLAY. -ORGANIZING BASKETBALL RELATED EVENTS FOR PLAYERS SUCH AS PROFESSIONAL & HS GAMES. -SUPPORTING LOCAL SCHOOLS & COMMUNITIES BY RENTING THEIR FACILITIES.

Financial snapshot · TY 2024

$1.5M
Total revenue
$1.6M
Total expenses
$266K
Net assets

Financial health · TY 2024

37
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
11
1.9 months of expenses
Program efficiency
80
81.9% spent on programs
Revenue diversity
6
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Minnesota Heat Hoops Inc Executive Compensation | 990 Data | DoubleNine