Heart of Illinois
Nonprofit profile at a glance
- EIN
- 800500491
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Peoria, IL, USA
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Basketball
Reported finances
- Revenue
- $138,079
- Expenses
- $130,164
- Assets
- $25,124
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- Riley Gardner (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide Basketball Program that provides structured Program with uniforms, apparel, practices, games and additional opportunities that exist or present themselves during the course of the season for exposure to college coaches and developing as a player. 35 teams with approximately 350 players in the program and 25 plus coaches. We also provide camps and clinics to our players and to the public/non-players to help development opportunities in our area.
What it reported doing in 2024
Camps and Clinics offered to program players and non-program players
Operating model
- Revenue model
- Membership-supported. 89% of the money available for current operations came from membership dues.
- Distribution model
- Member-benefit provider. The nonprofit used 85% of its reported program spending for member benefits.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 82
- Sustainability: 45
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.2%; rating input score 65
- Program expense ratio: 69.1%; rating input score 69
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 5.7%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -6.7% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: -1.6% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: 33.8% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 65.2% of revenue deployed · 69.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $90K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Moderate — Sustainability: Operating margin scored 49/100.