MIDWEST HOOPSTARS INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

JULIAN WILLIAMS

Phone

3125504921

Tax Period

2022-01-01 to 2022-12-31

MIDWEST HOOPSTARS INC, founded in 2021, is a small nonprofit in the Youth Development sector that reported $231K in total revenue in fiscal year 2022. Revenue surged 279% from the prior year, signaling strong growth momentum.

Mission

ATHLETIC SCHOLARSHIP AND EDUCATIONAL ASSISTANCE

Program Service Accomplishments

Program 1

Expenses: $229,509 Revenue: $230,949

COMPLETED FIRST YEAR OF OPERATIONS, INCLUDING ATHLETIC PROGRAMS AND SPONSORSHIP PLATFORM TO GENERATE FUNDS FOR SCHOLARSHIP OPPORTUNITIES AND EDUCATIONAL ASSISTANCE FOR STUDENT ATHLETE TUTORING AND...

COMPLETED FIRST YEAR OF OPERATIONS, INCLUDING ATHLETIC PROGRAMS AND SPONSORSHIP PLATFORM TO GENERATE FUNDS FOR SCHOLARSHIP OPPORTUNITIES AND EDUCATIONAL ASSISTANCE FOR STUDENT ATHLETE TUTORING AND COUNSELING

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $230,949

Investment Income $0

Other Revenue $0

TOTAL REVENUE $230,949

Expense Breakdown

Grants Paid $0

Salaries & Benefits $88,703

Fundraising Expenses $0

Program Expenses $229,509

Other Expenses $140,806

TOTAL EXPENSES $229,509

Year-over-Year Comparison

	2022	2021	Change
Revenue	$230,949	$60,964	+2.8%
Expenses	$229,509	$59,853	+2.8%
Net Income	$1,440	$1,111	+0.3%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIAN WILLIAMS	DIRECTOR	20	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
2022	$230,949	$229,509	$7,269	$1,440