Civic Intelligence

Ignite Hoops

990EZ • Fiscal year 2017 • EIN 47-5405872

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 13, 2018

102 N EvergreenArlington Heights, IL 60004

(847) 452-3871

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

80th percentile

0.15x

Higher debt load relative to assets than 80% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

67th percentile

0.02x

Higher debt load relative to revenue than 67% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

45th percentile

1.1%

Higher net margin than 45% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

78th percentile

31%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

93rd percentile

109%

Faster revenue growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$15,519

Up $3,639 (+31%) from 2016

Net Assets

Up

$13,172

Up $1,409 (+12%) from 2016

Liabilities

Up

$2,347

Up $2,230 (+1906%) from 2016

Revenue

Up

$125,747

Up $65,465 (+109%) from 2016

Expenses

Up

$124,338

Up $69,429 (+126%) from 2016

Net Income

Down

$1,409

Down $3,964 (-74%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2016: $11,880Liabilities 2016: $117Net Assets 2016: $11,7632016Assets 2017: $15,519Liabilities 2017: $2,347Net Assets 2017: $13,1722017Assets 2018: $24,770Liabilities 2018: $1,225Net Assets 2018: $23,5452018Assets 2019: $41,319Liabilities 2019: $3,171Net Assets 2019: $38,1482019Assets 2020: $153,630Liabilities 2020: $54,863Net Assets 2020: $98,7672020Assets 2021: $158,269Liabilities 2021: $50,637Net Assets 2021: $107,6322021Assets 2022: $127,803Liabilities 2022: $63,320Net Assets 2022: $64,4832022Assets 2023: $178,006Liabilities 2023: $57,371Net Assets 2023: $120,6352023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2017

Assets$15,519
Liabilities$2,347
Net Assets$13,172

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2016: $60,282Expenses 2016: $54,909Net Income 2016: $5,3732016Revenue 2017: $125,747Expenses 2017: $124,338Net Income 2017: $1,4092017Revenue 2018: $205,316Expenses 2018: $194,943Net Income 2018: $10,3732018Revenue 2019: $279,489Expenses 2019: $264,886Net Income 2019: $14,6032019Revenue 2020: $199,267Expenses 2020: $138,648Net Income 2020: $60,6192020Revenue 2021: $413,630Expenses 2021: $404,765Net Income 2021: $8,8652021Revenue 2022: $458,043Expenses 2022: $501,192Net Income 2022: -$43,1492022Revenue 2023: $623,607Expenses 2023: $567,455Net Income 2023: $56,1522023Revenue 2024: $417,680Expenses 2024: $538,315Net Income 2024: -$120,6352024

Highlighted filing

2017

Revenue$125,747
Expenses$124,338
Net Income$1,409
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 13, 2018
Return Version
2017v2.2
Gross Receipts
$125,747
Mission and Program Overview

Mission

Ignite Hoops mission is to reach athletes and their families and lead them to a saving relationship with Jesus Christ through the game of basketball. This is accomplished through Bible study, prayer and fellowship. Players will be involved in community service projects, helping those in need in the northwest suburbs of Chicago. We also provide education in small group and large group sessions for discipling coaches, athletes and their families to grow in their walk with Christ.

Program Services

DescriptionGrantsExpenses
BASKETBALL TRAINING AND SKILL DEVELOPMENT, BASKETBALL CAMPS, BASKETBALL TEAMS FOR YOUTH GRADES K-12 AND CHRISTIAN MINISTRY. TRAINED 500 KIDS IN SPRING AND FALL AND 80 CHILDREN PARTICIPATED ON TEAMS.$99,169-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIMOTHY AUGUSTYNVice President-$5,000-$5,000
JANA BALISPresidentFT$3,500-$3,500
BRIAN WALTERDirector-$1,550-$1,550
ANGELA RYGSecretary-$0--
STEVEN SAFFORDTreasurer-$0--
JOHN C AEILLO JRDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Ignite Hoops
EIN
47-5405872
Phone
8474523871
Address
102 N EVERGREEN, ARLINGTON HEIGHTS, IL 60004

Signing Officer

Name
Jana Balis
Title
President
Signed
2018-03-13
Discuss with paid preparer
Yes

Preparer

Firm
McClure Inserra & Co Chtd
Address
1650 N Arlington Heights Road 200, Arlington Heights, IL 60004
Preparer
Christian N McClure
Phone
8478700380
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $1905

Other Expenses.1002

Office Expenses $4660

Other Expenses.1012

Insurance $6195

Other Expenses.1

Tournament expenses $20680

Other Expenses.2

TEAM UNIFORMS $20074

Other Expenses.3

GYM RENTAL $17411

Other Expenses.4

OFFICE RENT $3600

Other Expenses.5

REIMBURSEMENTS $2524

Other Expenses.6

BANK FEES $1110

Other Expenses.7

MISCELLANEOUS $710

Other Expenses.8

PROGRAM SUPPLIES $128

Other Expenses.10

LICENSES $94

Total Liabilities.1

IL UNEMPLOYMENT TAX PAYABLE - Beginning $117 IL UNEMPLOYMENT TAX PAYABLE - Ending $387

Total Liabilities.2

FED TAX PAYABLE - Beginning $0 FED TAX PAYABLE - Ending $1645

Total Liabilities.3

IL TAX PAYABLE - Beginning $0 IL TAX PAYABLE - Ending $315

Raw XML Appendix179 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $1905
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $4660
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $6195
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TOURNAMENT EXPENSES $20680
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TEAM UNIFORMS $20074
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GYM RENTAL $17411
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICE RENT $3600
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BANK FEES $1110
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10PROGRAM SUPPLIES $128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11LICENSES $94
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JANA BALIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IGNITE HOOPS
ReturnHeader/Filer/BusinessNameControlTxt0IGNI
ReturnHeader/Filer/EIN0475405872
ReturnHeader/Filer/PhoneNum08474523871
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01650 N Arlington Heights Road 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Arlington Heights
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060004
ReturnHeader/PreparerPersonGrp/PhoneNum08478700380
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Christian N McClure
ReturnHeader/ReturnTs02018-03-13T13:51:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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