Hoops For Youth
- Assets
- $140.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfax, VA
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 26-1525269
Organization Overview
Hoops For Youth is located in Fairfax, VA. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hoops For Youth is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Hoops For Youth generated $100.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $124.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hoops For Youth has awarded 23 individual grants totaling $321,967. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DONATIONS TO VARIOUS CHARITIES ASSISTING AT-RISK CHILDREN AND MOTHERS JIMLYONS SCHOLARSHIP FUND, FEED A FAMILY-THANKSGIVING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Miller Chairman | 4 | $0 | |
Danny Leonard Vice President | 2 | $0 | |
Monte Ward Secretary | 2 | $0 | |
Brad Knox Treasurer | 2 | $0 | |
Kate Leonard Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,250 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,437 |
| Other expenses | $39,968 |
| Total expenses | $124,351 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,770 |
| Other assets | $0 |
| Total assets | $140,723 |
| Total liabilities | $0 |
| Net assets or fund balances | $140,723 |
Grants Awarded
Over the last fiscal year, Hoops For Youth has awarded $63,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
HEALTHY BABIES PROJECT PURPOSE: HELP AT-RISK CHILDREN & MOTHERS | $15,000 |
GALLAUDET ATHLETICSGALLAUDET UNIVERSITY PURPOSE: HELP ATHLETIC PROGRAM STUDENTS | $2,000 |
CORNERSTONE SCHOOL OF WASHINGTON PURPOSE: ASSIST AT-RISK CHILDREN WITH EDUCATIONAL SUPPORT | $15,000 |
REBECCA KOERNER - FEEDING KIDS IN IL PURPOSE: FOOD ASSISTANCE TO NEEDY CHILDREN IN ILLINOIS | $500 |
ST ANTHONYS SCHOLARSHIP FUND PURPOSE: HELP AT-RISK CHILDREN WITH THEIR EDCUTION NEEDS | $15,000 |
EPIC - ILLINOIS PURPOSE: HELP MENTAL HEALTH PROGRAM | $500 |