Hoag Charity Sports
- Assets
- $4.1m
- Revenue
- $45.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Irvine, CA
- Founding
- 05/2012
- Data as of
- 12/2021
- EIN
- 45-2982422
Organization Overview
Hoag Charity Sports is located in Irvine, CA. The organization was established in 2012. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hoag Charity Sports 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 12/2021, Hoag Charity Sports generated $45.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (48.7%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hoag Charity Sports has awarded 29 individual grants totaling $2,992,031. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SPECIFIC PURPOSE OF HOAG CHARITY SPORTS IS TO ENGAGE IN CHARITABLE ACTIVITIES FOR THE BENEFIT OF HOAG HOSPITAL FOUNDATION BY HOLDING A PGA GOLF TOURNAMENT WITH PROCEEDS TO SUPPORT HOAG HOSPITAL PROGRAMS. DUE TO COVID-19, THE TOURNAMENT WAS UNABLE TO BE HELD IN 2021. A GOLF FUNDRAISING EVENT WAS HELD IN NOVEMBER OF 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Cargile Secretary | OfficerTrustee | 4 | $0 |
Jeff Purser Exec Director Tournament & COO | OfficerTrustee | 50 | $0 |
Hirschel Adler Board Member/treasurer | OfficerTrustee | 4 | $0 |
Paul Folino Tournament Chairman | OfficerTrustee | 5 | $0 |
Ira Garbutt Board Member | Trustee | 2 | $0 |
Frank Martell Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $85,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$39,478 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,122 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,570 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $367,902 |
| Compensation of current officers, directors, key employees. | $73,580 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $381,043 |
| Pension plan accruals and contributions | $45,443 |
| Other employee benefits | $59,249 |
| Payroll taxes | $30,303 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,528 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,059 |
| Office expenses | $11,277 |
| Information technology | $3,529 |
| Royalties | $0 |
| Occupancy | $44,693 |
| Travel | $10,718 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | -$873 |
| All other expenses | $63,721 |
| Total functional expenses | $1,047,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,927,791 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,152,387 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,942 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,138 |
| Total assets | $4,097,258 |
| Accounts payable and accrued expenses | $36,046 |
| Grants payable | $0 |
| Deferred revenue | $4,077,333 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $903,175 |
| Total liabilities | $5,016,554 |
| Net assets without donor restrictions | -$919,296 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,097,258 |
Grants Awarded
Over the last fiscal year, Hoag Charity Sports has awarded $281,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Newport Beach, CA PURPOSE: PROGRAM SUPPORT | $200,000 |
Alexandria, VA PURPOSE: EDUCATION | $35,000 |
Washington, DC PURPOSE: PROGRAM SUPPORT | $20,000 |
Pensacola, FL PURPOSE: PROGRAM SUPPORT | $20,000 |
NEWPORT BEACH POLICE EXPLORERS PURPOSE: PROGRAM SUPPORT EDUCATION PROGRAM SUPPORT PROGRAM SUPPORT PROGRAM SUPPORT | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hoag Charity Sports has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Curci Fund Newport Beach, CA PURPOSE: GENERAL SUPPORT OF CHARITY | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Calif Glaziers H&w Tr Fund Covina, CA | $29,114,155 | $20,946,347 |
Banner Health Foundation Phoenix, AZ | $138,766,928 | $27,502,678 |
Abc California Health Trust San Diego, CA | $8,208,446 | $18,293,053 |
Montage Health Foundation Monterey, CA | $246,774,163 | $32,937,422 |
Sun Health Foundation Sun City West, AZ | $41,548,364 | $9,339,372 |
Providence St Vincent Medical Foundation Portland, OR | $302,625,014 | $42,114,354 |
Providence Portland Medical Foundation Portland, OR | $219,001,384 | $22,077,699 |
John Muir Foundation Walnut Creek, CA | $65,372,142 | $20,131,142 |
Gallo Union Health Trust Modesto, CA | $21,480,077 | $14,963,749 |
Redwood Community Health Network Petaluma, CA | $4,126,775 | $12,982,178 |
Kuakini Foundation Honolulu, HI | $15,169,850 | $4,896,720 |
Martin Luther King Jr Community Health Foundation Los Angeles, CA | $43,323,066 | $8,250,886 |