Tennessee Heat Basketball
EIN: 263468925 · Mount Juliet, TN · NTEE: N62
Is Tennessee Heat Basketball Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tennessee Heat Basketball
Tennessee Heat Basketball (EIN: 263468925) is a nonprofit organization based in Mount Juliet, TN, classified under NTEE code N62. The organization reported total revenue of $391K and total assets of $157K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tennessee Heat Basketball's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Tennessee Heat Basketball 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 Tennessee Heat Basketball 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.
Frequently Asked Questions about Tennessee Heat Basketball
Is Tennessee Heat Basketball a legitimate charity?
Based on AI analysis of IRS 990 filings, Tennessee Heat Basketball (EIN: 263468925) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tennessee Heat Basketball spend its money?
Detailed spending breakdown data is not yet available for Tennessee Heat Basketball. Check back for updated IRS 990 analysis.
Are donations to Tennessee Heat Basketball tax-deductible?
Tennessee Heat Basketball is registered as a tax-exempt nonprofit (EIN: 263468925). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Tennessee Heat Basketball showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Tennessee Heat Basketball's revenue has grown by 207%, moving from $125K to $383K. Total assets increased by 96.4% over the same period, from $53K to $104K. Total functional expenses rose by 220.2%, from $113K to $361K. In its most recent filing year (2023), Tennessee Heat Basketball reported a surplus of $22K, with revenue exceeding expenses. The organization holds $21K in liabilities against $104K in assets (debt-to-asset ratio: 19.8%), resulting in net assets of $84K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $383K | $361K | $104K | $21K | — | — |
| 2022 | $295K | $305K | $93K | $32K | — | View 990 |
| 2021 | $216K | $202K | $90K | $19K | — | View 990 |
| 2020 | $109K | $119K | $60K | $4K | — | View 990 |
| 2019 | $120K | $93K | $71K | $5K | — | View 990 |
| 2018 | $95K | $90K | $46K | $7K | — | View 990 |
| 2017 | $110K | $117K | $40K | $6K | — | View 990 |
| 2016 | $125K | $113K | $53K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $383K, expenses of $361K, and assets of $104K (revenue +29.9% year-over-year).
- 2022: Revenue of $295K, expenses of $305K, and assets of $93K (revenue +36.3% year-over-year).
- 2021: Revenue of $216K, expenses of $202K, and assets of $90K (revenue +99.0% year-over-year).
- 2020: Revenue of $109K, expenses of $119K, and assets of $60K (revenue -9.5% year-over-year).
- 2019: Revenue of $120K, expenses of $93K, and assets of $71K (revenue +26.7% year-over-year).
- 2018: Revenue of $95K, expenses of $90K, and assets of $46K (revenue -14.1% year-over-year).
- 2017: Revenue of $110K, expenses of $117K, and assets of $40K (revenue -11.5% year-over-year).
- 2016: Revenue of $125K, expenses of $113K, and assets of $53K.
Data Sources and Methodology
This transparency report for Tennessee Heat Basketball 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.