Heat Fc Utah
EIN: 352625540 · St George, UT · NTEE: N64
| Metric | Value |
|---|---|
| Total Revenue | $105K |
| Total Expenses | $121K |
| Net Assets | $54K |
Is Heat Fc Utah Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heat Fc Utah
Heat Fc Utah (EIN: 352625540) is a nonprofit organization based in St George, UT, classified under NTEE code N64. The organization reported total revenue of $105K and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heat Fc Utah's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heat Fc Utah is a small nonprofit that has been operating for 8 years, with 2 years of IRS 990 filings on record (2019–2020). Revenue has grown at a compound annual rate of -7.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $105K |
| Total Expenses | $121K |
| Surplus / Deficit | $-15,600 |
| Total Assets | $54K |
| Total Liabilities | $1 |
| Net Assets | $54K |
| Operating Margin | -14.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 5.4 months |
Financial Health Grade: B
In 2020, Heat Fc Utah reported a deficit of $16K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2019–2020), Heat Fc Utah's revenue has declined at a compound annual growth rate (CAGR) of -7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -7.0% | +36.7% | -22.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heat Fc Utah has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Heat Fc Utah with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Heat Fc Utah
Is Heat Fc Utah a legitimate charity?
Heat Fc Utah (EIN: 352625540) is a registered tax-exempt nonprofit based in Utah. It has 2 years of IRS 990 filings on record. Total revenue: $105K. No red flags identified. Financial health grade: B.
How does Heat Fc Utah spend its money?
Heat Fc Utah reported $105K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Heat Fc Utah tax-deductible?
Heat Fc Utah is registered as a tax-exempt nonprofit (EIN: 352625540). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heat Fc Utah located?
Heat Fc Utah is headquartered in St George, Utah and files with the IRS under EIN 352625540. It is classified under NTEE code N64.
How many years of IRS 990 filings does Heat Fc Utah have?
Heat Fc Utah has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $105K in total revenue.
Filing History
IRS 990 filing history for Heat Fc Utah showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2020), Heat Fc Utah's revenue has declined by 7%, moving from $113K to $105K. Total assets decreased by 22.5% over the same period, from $69K to $54K. Total functional expenses rose by 36.7%, from $88K to $121K. In its most recent filing year (2020), Heat Fc Utah reported a deficit of $16K, with expenses exceeding revenue. The organization holds $1 in liabilities against $54K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $54K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $105K | $121K | $54K | $1 | — | — |
| 2019 | $113K | $88K | $69K | $1 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heat Fc Utah:
Data Sources and Methodology
This transparency report for Heat Fc Utah is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.