Midwest Hoopstars Inc Nfp

Organization Overview

Midwest Hoopstars Inc Nfp is located in Morton Grove, IL. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Midwest Hoopstars Inc Nfp employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Hoopstars Inc Nfp 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 Hoopstars Inc Nfp generated $230.9k in total revenue. All expenses for the organization totaled $229.5k during the year ending 12/2022. While expenses have increased by 95.8% per year over the past 2 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ATHLETIC SCHOLARSHIP AND EDUCATIONAL ASSISTANCE

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMPLETED FIRST YEAR OF OPERATIONS, INCLUDING ATHLETIC PROGRAMS AND SPONSORSHIP PLATFORM TO GENERATE FUNDS FOR SCHOLARSHIP OPPORTUNITIES AND EDUCATIONAL ASSISTANCE FOR STUDENT ATHLETE TUTORING AND COUNSELING


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$230,949
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $230,949

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