Hype Athletics Community Inc

Hype Athletics Community Inc consistently operates at a deficit, with growing liabilities despite substantial assets and no reported officer compensation.

EIN: 205698007 · Dearborn Hts, MI · NTEE: O50 · Updated: 2026-03-28

$4.4MRevenue

$9.8MAssets

70/100Mission Score (Good)

O50

About Hype Athletics Community Inc

Hype Athletics Community Inc (EIN: 205698007) is a nonprofit organization based in Dearborn Hts, MI, classified under NTEE code O50. The organization reported total revenue of $4.4M and total assets of $9.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hype Athletics Community Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Hype Athletics Community Inc demonstrates a consistent operational pattern, with expenses frequently exceeding revenue in recent years. For instance, in 2023, expenses were $4,367,226 against revenues of $4,011,713, indicating a deficit. This trend is also visible in 2022 ($3,941,829 expenses vs. $3,351,646 revenue) and 2021 ($3,392,261 expenses vs. $3,293,270 revenue). While the organization has substantial assets, reaching $9,830,956 in 2023, its liabilities have also grown significantly, from $1,066,463 in 2020 to $3,620,893 in 2023. This increasing debt burden, coupled with recurring operational deficits, suggests a need for closer examination of its financial sustainability and funding strategies.

The organization's transparency regarding executive compensation is strong, reporting 0% officer compensation across all available filings. This indicates that the top leadership is not drawing a salary from the organization, which is a positive sign for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The consistent growth in assets over the past decade, despite operational deficits, might be due to capital investments or non-cash contributions, which would warrant further investigation to understand the full financial picture.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hype Athletics Community Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, Hype Athletics Community Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not receiving salaries, which is highly favorable for donor perception and resource allocation.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Hype Athletics Community Inc's IRS 990 filings:

Consistent operational deficits, with expenses exceeding revenue in multiple recent years (e.g., 2023, 2022, 2021).
Significant increase in liabilities, from $1,066,463 in 2020 to $3,620,893 in 2023, without a clear explanation in the provided data.

Strengths

The following positive indicators were identified for Hype Athletics Community Inc:

Zero reported officer compensation across all filings, indicating strong financial stewardship at the executive level.
Substantial and growing asset base, reaching $9,830,956 in 2023, which can provide long-term stability.
Consistent revenue generation over the past decade, with latest revenue at $4,433,108.

Frequently Asked Questions about Hype Athletics Community Inc

How does Hype Athletics Community Inc cover its recurring operational deficits, given that expenses frequently exceed revenue?

The organization has consistently reported expenses exceeding revenue in recent years (e.g., $4,367,226 expenses vs. $4,011,713 revenue in 2023). This suggests they may be drawing from reserves, receiving non-cash contributions, or relying on other funding sources not fully reflected in the annual revenue figures to cover the gap.

What is the nature of the significant increase in liabilities, from $1,066,463 in 2020 to $3,620,893 in 2023?

The substantial increase in liabilities over a short period warrants further investigation to understand if it's due to long-term debt for asset acquisition, deferred revenue, or other obligations that could impact future financial stability.

Given the substantial assets of nearly $10 million, what is the organization's strategy for asset utilization and growth?

With assets reaching $9,830,956 in 2023, understanding how these assets are being used to further the mission, whether through program infrastructure, endowments, or other investments, is crucial.

Filing History

IRS 990 filing history for Hype Athletics Community Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Hype Athletics Community Inc's revenue has grown by 358.1%, moving from $876K to $4.0M. Total assets increased by 2357.6% over the same period, from $400K to $9.8M. Total functional expenses rose by 713.7%, from $537K to $4.4M. In its most recent filing year (2023), Hype Athletics Community Inc reported a deficit of $356K, with expenses exceeding revenue. The organization holds $3.6M in liabilities against $9.8M in assets (debt-to-asset ratio: 36.8%), resulting in net assets of $6.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$4.0M	$4.4M	$9.8M	$3.6M	—	—
2022	$3.4M	$3.9M	$9.9M	$4.2M	—	View 990
2021	$3.3M	$3.4M	$8.4M	$2.2M	—	View 990
2020	$1.7M	$2.2M	$7.5M	$1.1M	—	View 990
2019	$3.6M	$3.7M	$8.0M	$1.0M	—	View 990
2018	$3.4M	$3.5M	$8.3M	$1.2M	—	View 990
2017	$3.4M	$3.3M	$8.2M	$1.1M	—	View 990
2016	$1.9M	$2.0M	$8.8M	$1.2M	—	View 990
2015	$2.2M	$2.2M	$8.4M	$722K	—	View 990
2014	$1.6M	$1.9M	$8.3M	$700K	—	View 990
2013	$1.6M	$1.8M	$8.6M	$677K	—	View 990
2012	$5.6M	$1.8M	$6.9M	$334K	—	View 990
2011	$4.6M	$850K	$4.2M	$116K	—	View 990
2010	$876K	$537K	$400K	$7K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $4.0M, expenses of $4.4M, and assets of $9.8M (revenue +19.7% year-over-year).
2022: Revenue of $3.4M, expenses of $3.9M, and assets of $9.9M (revenue +1.8% year-over-year).
2021: Revenue of $3.3M, expenses of $3.4M, and assets of $8.4M (revenue +98.5% year-over-year).
2020: Revenue of $1.7M, expenses of $2.2M, and assets of $7.5M (revenue -53.8% year-over-year).
2019: Revenue of $3.6M, expenses of $3.7M, and assets of $8.0M (revenue +5.0% year-over-year).
2018: Revenue of $3.4M, expenses of $3.5M, and assets of $8.3M (revenue +0.3% year-over-year).
2017: Revenue of $3.4M, expenses of $3.3M, and assets of $8.2M (revenue +75.2% year-over-year).
2016: Revenue of $1.9M, expenses of $2.0M, and assets of $8.8M (revenue -12.5% year-over-year).
2015: Revenue of $2.2M, expenses of $2.2M, and assets of $8.4M (revenue +35.4% year-over-year).
2014: Revenue of $1.6M, expenses of $1.9M, and assets of $8.3M (revenue +6.1% year-over-year).
2013: Revenue of $1.6M, expenses of $1.8M, and assets of $8.6M (revenue -72.2% year-over-year).
2012: Revenue of $5.6M, expenses of $1.8M, and assets of $6.9M (revenue +22.5% year-over-year).
2011: Revenue of $4.6M, expenses of $850K, and assets of $4.2M (revenue +420.3% year-over-year).
2010: Revenue of $876K, expenses of $537K, and assets of $400K.

Data Sources and Methodology

This transparency report for Hype Athletics Community Inc 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.