Nonprofit · EIN 47-5405872
IGNITE HOOPS
Tax-exempt · ARLINGTON HTS, IL 60004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $417,680 | $538,315 | -$120,635 | $0 | $0 | $0 |
| December 31, 2023 | 990 | $623,607 | $567,455 | $56,152 | $178,006 | $57,371 | $120,635 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $417,554
- Investment income
- $126
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $325
- Compensation of officers, directors and key employees
- $107,883
- Other salaries and wages
- $188,974
- Salaries, compensation and benefits (total)
- $321,243
- Professional fundraising fees
- $0
- Accounting fees
- $2,398
- Program services (functional)
- $457,918
- Management and general (functional)
- $80,397
Balance sheet and other
- Total assets, start of year
- $178,006
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets, end of year
- $0
- Gross receipts
- $417,680
- Employees
- 67
- Volunteers
- 5
- Year formed
- 2015
- State of legal domicile
- IL
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANA BALIS | President & CEO Officer | 40 | $107,883 |
| JOHN C AEILLO JR | Chairman Trustee or director | 10 | $0 |
| CHRIS HILL | Director Trustee or director | 2 | $0 |
| JOHN BOSTROM | Director Trustee or director | 2 | $0 |
| TIMOTHY AUGUSTINE | Vice President Officer | 2 | $0 |
| ANGELA RYG | Secretary Officer | 2 | $0 |
| STEVEN SAFFORD | Treasurer Officer | 2 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANA BALIS | President & CEO Officer | 40 | $80,827 |
| CHRIS HILL | Director Trustee or director | 2 | $750 |
| JOHN C AEILLO JR | Chairman Trustee or director | 10 | $0 |
| JOHN BOSTROM | Director Trustee or director | 2 | $0 |
| TIMOTHY AUGUSTINE | Vice President Officer | 2 | $0 |
| ANGELA RYG | Secretary Officer | 2 | $0 |
| STEVEN SAFFORD | Treasurer Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1032 E TALBOT ST, ARLINGTON HTS, IL 60004-5073
- Principal officer (990 for 2024)
- JANA BALIS, 102 N EVERGREEN, ARLINGTON HEIGHTS, IL 60004
- Signed the 990
- JANA BALIS, President
- Phone
- (847) 452-3871
- Website
- WWW.IGNITEHOOPS.COM
- Return prepared by
- ATA Group LLP
Mission
Ignite Hoops mission is to reach athletes and their families and lead them to a saving relationship with Jesus Christ through the game of basketball. This is accomplished through Bible study, prayer and fellowship. Players will be involved in community service projects, helping those in need in the northwest suburbs of Chicago. We also provide education in small group and large group sessions for discipling coaches, athletes and their families to grow in their walk with Christ.
Program accomplishments
- BASKETBALL TRAINING AND SKILL DEVELOPMENT, BASKETBALL CAMPS, BASKETBALL TEAMS FOR YOUTH GRADES K-12 AND CHRISTIAN MINISTRY. WE TRAINED APPROXIMATELY 1000 CHILDREN AND YOUTH IN TRAINING PROGRAMS, CAMPS AND TEAMS.IGNITE HOOPS DISCONTINUED OPERATIONS AS A NONPROFIT ON DECEMBER 1, 2024.Expenses $457,918 · revenue $417,554
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-5405872
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N62)
- Income (IRS master file)
- $417,680
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $417,680 | $538,315 | $0 | XML |
| 990 | December 2023 | $623,607 | $567,455 | $178,006 | XML |
| 990 | December 2022 | $458,043 | $501,192 | $127,803 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 47-5405872).
Questions about IGNITE HOOPS
- What is the EIN of IGNITE HOOPS?
- The employer identification number (EIN) of IGNITE HOOPS is 47-5405872.
- Is IGNITE HOOPS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to IGNITE HOOPS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IGNITE HOOPS 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 IGNITE HOOPS 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 IGNITE HOOPS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of IGNITE HOOPS?
- The 990 for the year ended December 31, 2024 names JANA BALIS.
- Who are the officers and directors of IGNITE HOOPS?
- The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $107,883 (JANA BALIS, President & CEO).
- How much revenue does IGNITE HOOPS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $417,680, expenses of $538,315 and total assets of $0 at year end.
Other nonprofits in ARLINGTON HTS
- ARLINGTON HEIGHTS YOUTH ATHLETIC ASSOCIATION EIN 36-2994012 · last filed 990 for 2024
- ARLINGTON HEIGHTS THUNDER FASTPITCH EIN 86-1791741 · last filed 990 for 2025
- ARLINGTON HEIGHTS YOUTH BASKETBALL ASSOCIATION EIN 36-2906775 · last filed 990 for 2025
- LUTHERAN SPORTS ASSOCIATION OF ILLINOIS INC EIN 36-2855744 · last filed 990-EZ for 2025
- ELITE SOCCER COMMUNITY ORGANIZATION NFP EIN 27-5427785 · last filed 990-EZ for 2024
- BUFFALO GROVE FEEDER BASKETBALL EIN 87-1703170 · last filed 990-EZ for 2025
- FRIENDS OF THE PARKS OF ARLINGTON HEIGHTS EIN 27-2059488 · last filed 990-EZ for 2026
- ILLINOIS YOUTH SOCCER FOUNDATION EIN 92-0572271 · last filed 990-EZ for 2025
All nonprofits in ARLINGTON HTS · Illinois · Recreation and sports