Hyas Inspires FY2022 filing

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we believe every young athlete should have access to quality coaching and resources, regardless of their background or financial means. Sports are for everyone; thus, our programs are designed to promote inclusivity and ensure that all youth athletes have access to opportunities for growth and achievement. We also understand the importance of giving back to those that support us, and we actively show our appreciation by engaging with local communities to promote the benefits of sports and make sports accessible to all.

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
$85K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $84K a year · 9% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
65%
of spending
Worth a look: 65% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$85K
to officers and key staff · 35% of spending
Concern: pay to officers and key staff is 35% of spending; over 30%.
Pt VII · Sec A
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$236K
Spent
$242K
To programs
65%
Net assets
$0
By yearFY2022–FY2025
Revenue
$236K
FY2022
Tap a bar for its year
Revenue by fiscal year
FY2022$236K
FY2023$541K
FY2024$1.4M
FY2025$1.5M
Expenses
$242K
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2022$242K
FY2023$469K
FY2024$1.3M
FY2025$1.3M
Net assets
$0
FY2022
Tap a bar for its year
Net assets by fiscal year
FY2022$0
FY2023$73K
FY2024$12K
FY2025$0

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Revoked Dec 2021, reinstated. IRS ruling Apr 2022, per the IRS master file. Latest filing on record: FY2025. IRS ruling in Apr 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $157K Management & general 35% · $85K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

1 person listed on the 990; $85K paid to officers and key staff.

Part VII, Section A · reportable compensation
$85,000Pt VII · Sec A

Nicholas J Cabral’s $10K as President is at the 2nd percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2022
Nicholas Cabral—$85,000
Nicholas J Cabral$10,000—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Hyas Inspires executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides young athletes with quality coaching and resources, promoting inclusivity and community engagement.

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1 program · $157K · in their own filed words · FY2022
01

Membership sport camps

$157Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$236K
Ln 12
Gifts and grantsLn 1h$236K
Money outPt IX
$242K
Ln 25
Programscol B$157K
Managementcol C$85K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$236K
Total revenueLn 12$236K
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Total assetsLn 16$0$0
LiabilitiesLn 26$0$0
Net assetsLn 32$0$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$72K$72K
Pay of current officers, directors and key staffLn 5$170K$85K$85K$0
Total functional expensesLn 25$242K$157K$85K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 19, 2026 $1.5M$1.3M$213K$0 990 PDF
FY2024Filed with the IRS Apr 12, 2025 $1.4M$1.3M$55K$12K 990 PDF
FY2023Filed with the IRS Aug 16, 2024 $541K$469K$73K$73K 990 PDF
FY2022 ViewingFiled with the IRS Feb 21, 2024 $236K$242K−$5K$0 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $236,374 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$236,374
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $0$236,374
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$71,502
I-15 Salaries and benefits$170,000
I-16a Professional fundraising fees$0
I-17 Other expenses$0
I-18 Total expenses$241,502
I-19 Revenue less expensesPrior year $0−$5,128
Part VI · Governance 0 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $236,374 across 3 lines filed
VIII-1b Membership dues$236,374
VIII-1h Total contributions, gifts and grants$236,374
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$236,374
Part IX · Statement of functional expenses $241,502 across 2 lines filed
IX-4 Benefits paid to or for membersPrograms $71,502$71,502
IX-5 Pay of current officers, directors and key staffPrograms $85,000 · Management $85,000 · Fundraising $0$170,000
IX-25 Total functional expensesPrograms $156,502 · Management $85,000 · Fundraising $0$241,502
Part X · Balance sheet $0 assets, 4 lines filed
X-16 Total assetsStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$0
X-33 Total liabilities and net assetsStart of year $0$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$236,374
XI-2 Total expenses$241,502
XI-3 Revenue less expenses−$5,128
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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