ILLINOIS IRISH BASKETBALL INC

EIN: 472346340 501(c)(3) Recreation & Sports

Germantown Hills, IL

Total Revenue
$231,896
Total Expenses
$226,548
Total Assets
$74,875
Net Assets
$74,875
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
IL
Principal Officer
Gavin Sullivan
Phone
3095501297
Tax Period
2025-01-01 to 2025-12-31

ILLINOIS IRISH BASKETBALL INC, founded in 2014, is a small nonprofit in the Recreation & Sports sector that reported $232K in total revenue in fiscal year 2025. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

The primary mission of Illinois Irish Basketball is to give an opportunity to young athletes of all economic backgrounds a chance to continue their development as it relates to the fundamentals of basketball, sportsmanship, and athletic competition. This will be achieved through participation in tournaments and competing at the highest level possible, while gaining exposure from colleges across the country; we're allowing all those involved to grow as individuals on an off the court by helping them understand dedication, work ethic, teamwork, toughness, strategy, perseverance, and professionalism. In hopes of using basketball as a tool to help further their education after high school while transforming those skills from the basketball court, to become leaders in our communities down the road.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $231,896
Investment Income $0
Other Revenue $0
TOTAL REVENUE $231,896

Expense Breakdown

Grants Paid $3,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $221,436
Other Expenses $223,048
TOTAL EXPENSES $226,548

Year-over-Year Comparison

2025 2024 Change
Revenue $231,896 $192,281 +0.2%
Expenses $226,548 $190,094 +0.2%
Net Income $5,348 $2,187 +1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$29,500
Total Directors
3
$29,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gavin Sullivan President/CEO 40
Officer Director
$29,500 $0 $29,500
Billy Seghetti Treasurer 2
Officer Director
$0 $0 $0
Jeff Finke Secretary 2
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $231,896 $226,548 $74,875 $5,348
2024 $192,281 $190,094 $69,527 $2,187
2023 $252,127 $238,993 $67,331 $13,134
2022 $176,560 $164,524 $54,247 $12,036
2021 $212,377 $170,166 $120,629 $42,211
2019 $206,157 $174,385 $45,860 $31,772
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