Civic Intelligence

Midwest Elite Hockey School Inc

EIN 82-1566259 • 501(c)7 • Orland Park, IL

Profile

To organize and operate ice hockey teams of persons under twenty-one years of age exclusively for educational purposes in helping the amateur players to develop physically, mentally, and emotionally, as well as, morally, through the promotion of national competition.

10700 W 160th StOrland Park, IL 60467
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.05x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2020

Net Margin

57th percentile

5.0%

Higher net margin than 57% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2020

Top Officer Pay

95th percentile

$1,400

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

501(c)7 • <$500k nonprofits • Source year 2020

Asset Growth

86th percentile

32%

Faster asset growth than 86% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2017 to 2020

Revenue Growth

88th percentile

40%

Faster revenue growth than 88% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2017 to 2020

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$85,062

Up $48,354 (+132%) from 2017

Liabilities

Up

$4,634

Up $4,634 from 2017

Net Assets

$80,428

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue66th percentileNet Margin57th percentile

Revenue

Up

$378,680

Up $241,759 (+177%) from 2017

Expenses

Up

$359,887

Up $259,674 (+259%) from 2017

Net Income

Down

$18,793

Down $17,915 (-49%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth86th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2017: $36,708Liabilities 2017: $02017Assets 2020: $85,062Liabilities 2020: $4,634Net Assets 2020: $80,4282020

Highlighted filing

2020

Assets$85,062
Liabilities$4,634
Net Assets$80,428
Open 2020 Filing

Operations Trend

Revenue Growth88th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0Revenue 2017: $136,921Expenses 2017: $100,213Net Income 2017: $36,7082017Revenue 2020: $378,680Expenses 2020: $359,887Net Income 2020: $18,7932020

Highlighted filing

2020

Revenue$378,680
Expenses$359,887
Net Income$18,793
Open 2020 Filing

Filings

Most recent year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$85,062
Liabilities
$4,634
Net assets
$80,428
Revenue
$378,680
Expenses
$359,887
Net income
$18,793
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.05$0.80$3.79$3.60$0.19
2017Summary only. Only limited summary data is available for this year.$0.37$0.00$1.37$1.00$0.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.0
Gross Receipts
$378,680
Mission and Program Overview

Mission

To organize and operate ice hockey teams of persons under twenty-one years of age exclusively for educational purposes in helping the amateur players to develop physically, mentally, and emotionally, as well as, morally, through the promotion of national competition.

To organize and operate ice hockey teams of persons under twenty-one years of age exclusively for educational purposes in helping the amateur players to develop physically, mentally, and emotionally, as well as morally, through the promotion of national competition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$66,269$85,062▲ $18,793
Rtn Earn Endowment Incm Other Fnds$38,135$80,428▲ $42,293
Loans From Officers Directors$28,134$4,634▼ $23,500
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$66,269$85,062▲ $18,793
Liabilities
Total Liabilities$28,134$4,634▼ $23,500
Net Assets / Fund Balance
Total Net Assets Fund Balance$38,135$80,428▲ $42,293
Total Liabilities and Net Assets / Fund Balance$66,269$85,062▲ $18,793
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleOtherTotal
Darren McCluskyDirector$1,400$1,400
Dennis VaskeDirector$1,100$1,100

Board Members and Trustees

NameTitle
Jimmy AnderssonPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$378,680
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$18,793
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$311,862
Salaries, Compensation, and Employee Benefits$48,025
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$51,500$0$0$51,500
Other Salaries and Wages$48,025--$48,025
Travel$36,085--$36,085
Payments to Affiliates$29,650--$29,650
All Other Expenses$27,586$0$0$27,586
Fees for Services Other$13,631--$13,631
Advertising$7,435--$7,435
Office Expenses$6,886--$6,886
Information Technology$2,153--$2,153
Insurance$1,724--$1,724
Fees for Services Legal$776--$776
Total Functional Expenses$359,887$0$0$359,887
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$28,134$4,634▼ $23,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Board of Directors received copy of 990 via email prior to the filing.”

Form 990, Part VI, Section C, Line 19

“Available upon request.”

Filing and Contact Details

Filer

Filer Name
Midwest Elite Hockey School Inc
EIN
82-1566259
Phone
8475600151
Address
10700 W 160th St, Orland Park, IL 60467

Signing Officer

Name
Jimmy Andersson
Title
President
Phone
8475600151
Signed
2021-11-08

Organization Details

Principal Officer
Jimmy Andersson
Formed
2017
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
25
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Loan repayment.”

Raw XML Appendix301 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.

Path#Value
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
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IRS990/GrossReceiptsForPublicUseAmt00
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IRS990/IndependentVotingMemberCnt03
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IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NetUnrlzdGainsLossesInvstAmt00
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IRS990/OtherExpensesGrp/Desc0Tournament Fees/Referees
IRS990/OtherExpensesGrp/Desc1Ice Rental
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IRS990/OtherExpensesGrp/Desc3Housing
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jimmy Andersson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08475600151
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Midwest Elite Hockey School Inc
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0821566259
ReturnHeader/Filer/PhoneNum08475600151
ReturnHeader/Filer/USAddress/AddressLine1Txt010700 W 160th St
ReturnHeader/Filer/USAddress/CityNm0Orland Park
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060467
ReturnHeader/ReturnTs02021-11-12T16:35:47-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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