Olathe Hoops Youth Education & Sports
EIN: 510658280 · Olathe, KS · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $525 |
| Total Expenses | $365 |
| Net Assets | $-495 |
Is Olathe Hoops Youth Education & Sports Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Olathe Hoops Youth Education & Sports
Olathe Hoops Youth Education & Sports (EIN: 510658280) is a nonprofit organization based in Olathe, KS, classified under NTEE code O50. The organization reported total revenue of $525 and total assets of $15 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Olathe Hoops Youth Education & Sports's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Olathe Hoops Youth Education & Sports is a micro nonprofit that has been operating for 11 years, with 2 years of IRS 990 filings on record (2017–2018). Revenue has grown at a compound annual rate of -73.1%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $525 |
| Total Expenses | $365 |
| Surplus / Deficit | +$160 |
| Total Assets | $15 |
| Total Liabilities | $510 |
| Net Assets | $-495 |
| Operating Margin | 30.5% |
| Debt-to-Asset Ratio | 3400.0% |
| Months of Reserves | 0.5 months |
Financial Health Grade: B
In 2018, Olathe Hoops Youth Education & Sports reported a surplus of $160 with revenue exceeding expenses, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 3400.0% (high leverage).
Financial Trends
Over 2 years of filings (2017–2018), Olathe Hoops Youth Education & Sports's revenue has declined at a compound annual growth rate (CAGR) of -73.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -73.1% | -81.3% | +1400.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Olathe Hoops Youth Education & Sports has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Olathe Hoops Youth Education & Sports with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $160, with revenue exceeding expenses.
- Debt-to-asset ratio: 3400.0%.
Frequently Asked Questions about Olathe Hoops Youth Education & Sports
Is Olathe Hoops Youth Education & Sports a legitimate charity?
Olathe Hoops Youth Education & Sports (EIN: 510658280) is a registered tax-exempt nonprofit based in Kansas. It has 2 years of IRS 990 filings on record. Total revenue: $525. No red flags identified. Financial health grade: B.
How does Olathe Hoops Youth Education & Sports spend its money?
Olathe Hoops Youth Education & Sports reported $525 in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Olathe Hoops Youth Education & Sports tax-deductible?
Olathe Hoops Youth Education & Sports is registered as a tax-exempt nonprofit (EIN: 510658280). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Olathe Hoops Youth Education & Sports located?
Olathe Hoops Youth Education & Sports is headquartered in Olathe, Kansas and files with the IRS under EIN 510658280. It is classified under NTEE code O50.
How many years of IRS 990 filings does Olathe Hoops Youth Education & Sports have?
Olathe Hoops Youth Education & Sports has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $525 in total revenue.
Filing History
IRS 990 filing history for Olathe Hoops Youth Education & Sports showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2017–2018), Olathe Hoops Youth Education & Sports's revenue has declined by 73.1%, moving from $2K to $525. Total assets increased by 1400% over the same period, from $1 to $15. Total functional expenses fell by 81.3%, from $2K to $365. In its most recent filing year (2018), Olathe Hoops Youth Education & Sports reported a surplus of $160, with revenue exceeding expenses. The organization holds $510 in liabilities against $15 in assets (debt-to-asset ratio: 3400.0%), resulting in net assets of $-495.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $525 | $365 | $15 | $510 | — | View 990 |
| 2017 | $2K | $2K | $1 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Olathe Hoops Youth Education & Sports:
Data Sources and Methodology
This transparency report for Olathe Hoops Youth Education & Sports 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.