Midwest Sports Academy Inc
- Assets
- $17.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Huntley, IL
- Founding
- 05/2013
- Data as of
- 12/2022
- EIN
- 45-5537165
Organization Overview
Midwest Sports Academy Inc is located in Huntley, IL. The organization was established in 2013. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Sports Academy Inc 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 12/2022, Midwest Sports Academy Inc generated $23.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $14.4k during the year ending 12/2022. While expenses have increased by 31.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Cook President | 15 | $0 | |
Janice Hare Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,044 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,397 |
| Other Revenue | $0 |
| Total Revenue | $23,441 |
| 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 | $2,147 |
| Occupancy, rent, utilities, and maintenance | $8,481 |
| Printing, publications, postage, and shipping | $49 |
| Other expenses | $3,679 |
| Total expenses | $14,356 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,004 |
| Other assets | $0 |
| Total assets | $17,004 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,004 |