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Nonprofit · EIN 20-5698007

HYPE ATHLETICS COMMUNITY INC

Tax-exempt · DEARBORN HTS, MI 48127

Financials

$4M$4.4M2023
Revenue Expenses · by fiscal year end
Financials of HYPE ATHLETICS COMMUNITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$4,011,713$4,367,226-$355,513$9,830,956$3,620,893$6,210,063
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$476,259
of which government grants
$433,759
Program service revenue
$3,405,813
Investment income
$217
Net income from fundraising events
$38,332
Net income from sales of inventory
$91,092
Other revenue
$129,424

Expenses

Grants and similar amounts paid
$11,525
Compensation of officers, directors and key employees
$272,111
Other salaries and wages
$1,309,259
Salaries, compensation and benefits (total)
$1,785,024
Professional fundraising fees
$0
Accounting fees
$63,352
Occupancy
$732,951
Travel
$14,623
Depreciation
$439,169
Program services (functional)
$3,294,495
Management and general (functional)
$933,139
Fundraising (functional)
$139,592

Balance sheet and other

Total assets, start of year
$9,934,136
Total assets, end of year
$9,830,956
Total liabilities, end of year
$3,620,893
Net assets, end of year
$6,210,063
Land, buildings and equipment
$8,206,771
Net assets without donor restrictions
$6,210,063
Gross receipts
$4,433,108
Employees
178
Volunteers
40
Year formed
2006
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
ALI SAYEDCEO
Trustee or director, Officer
50$173,683
MAHA SABBAGHCFO
Trustee or director, Officer
40$98,700
YVONNA ABRAHAMBOARD MEMBER
Trustee or director
–$0
HASSAN DOGMANBOARD MEMBER
Trustee or director
–$0
JOHNNY HAMOODBOARD MEMBER
Trustee or director
–$0
ABHINAV KRISHNANBOARD MEMBER
Trustee or director
–$0
RYAN LAZARBOARD MEMBER
Trustee or director
–$0
CHRIS PIPESHBOARD MEMBER
Trustee or director
–$0
MOHAMAD SABBAGHCHAIRPERSON
Trustee or director
–$0
MUDDASAR TAWAKKULBOARD MEMBER
Trustee or director
–$0
TODD TURFEBOARD MEMBER
Trustee or director
–$0
WASSIM YOUNISBOARD MEMBER
Trustee or director
–$0

Address and contacts

Address (IRS master file)
23302 W WARREN ST, DEARBORN HTS, MI 48127-2493
Principal officer (990 for 2023)
ALI SAYED, 23302 W WARREN AVE, DEARBORN HEIGHTS, MI 48127
Signed the 990
ALI SAYED, CEO
Phone
(313) 436-0043
Return prepared by
INTEGRAL ACCOUNTANTS

Mission

THE MISSION OF HYPE ATHLETICS IS TO CREATE AND STRENGTHEN INFRASTRUCTURES THAT SUPPORT THE POSITIVE DEVELOPMENT OF WAYNE COUNTY YOUTH THROUGH ATHLETIC PARTICIPATION AND COMPETITION, EDUCATIONAL TUTORING AND LITERACY DEVELOPMENT, AND SOCIAL AWARENESS INCLUDING MENTORING, COUNSELING, LIFE SKILLS TRAINING AND SUBSTANCE ABUSE EDUCATION AND PREVENTION.

990 for the year ended December 31, 2023

Program accomplishments

  • THE MISSION OF HYPE ATHLETICS IS TO CREATE AND STRENGTHEN INFRASTRUCTURES THAT SUPPORT THE POSITIVE DEVELOPMENT OF WAYNE COUNTY YOUTH THROUGH ATHLETIC PARTICIPATION AND COMPETITION, EDUCATIONAL TUTORING AND LITERACY DEVELOPMENT, AND SOCIAL AWARENESS INCLUDING MENTORING, COUNSELING, LIFE SKILLS TRAINING AND SUBSTANCE ABUSE EDUCATION AND PREVENTION.
  • THE MISSION OF HYPE ATHLETICS IS TO CREATE AND STRENGTHEN INFRASTRUCTURES THAT SUPPORT THE POSITIVE DEVELOPMENT OF WAYNE COUNTY YOUTH THROUGH ATHLETIC PARTICIPATION AND COMPETITION, EDUCATIONAL TUTORING AND LITERACY DEVELOPMENT, AND SOCIAL AWARENESS INCLUDING MENTORING, COUNSELING, LIFE SKILLS TRAINING AND SUBSTANCE ABUSE EDUCATION AND PREVENTION.
    Expenses $3,294,495 · grants $11,525 · revenue $3,405,813

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-5698007
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,830,956
Income (IRS master file)
$4,433,108

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$4,011,713$4,367,226$9,830,956XML
990December 2022$3,351,646$3,941,829$9,934,137IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5698007).

Questions about HYPE ATHLETICS COMMUNITY INC

What is the EIN of HYPE ATHLETICS COMMUNITY INC?
The employer identification number (EIN) of HYPE ATHLETICS COMMUNITY INC is 20-5698007.
Is HYPE ATHLETICS COMMUNITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to HYPE ATHLETICS COMMUNITY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HYPE ATHLETICS COMMUNITY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HYPE ATHLETICS COMMUNITY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HYPE ATHLETICS COMMUNITY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of HYPE ATHLETICS COMMUNITY INC?
The 990 for the year ended December 31, 2023 names ALI SAYED.
Who are the officers and directors of HYPE ATHLETICS COMMUNITY INC?
The 990 for the year ended December 31, 2023 lists 12 people; 2 received compensation from the organization, the highest $173,683 (ALI SAYED, CEO).
How much revenue does HYPE ATHLETICS COMMUNITY INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $4,011,713, expenses of $4,367,226 and total assets of $9,830,956 at year end.

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