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Hoops For Hope Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223235645 ✦ Andover, MA ✦ Designated as a 501(c)(3)

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Overview

What is Hoops For Hope Inc?

Hoops For Hope Inc is a nonprofit organization situated in Andover, Massachusetts, specifically at 15 Geneva Road. Their primary focus is on providing sports activities, after-school programs, and education to youth residing in the Lawrence, MA area. To effectively achieve their mission, they collaborate closely with the Lawrence Police Department for gang resistance education. Their initiatives encompass organizing basketball leagues and administering these programs, ultimately aiming to empower and engage inner-city youth.

Is Hoops For Hope Inc legitimate?

Hoops For Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoops For Hope Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Hoops For Hope Inc?

Hoops For Hope Inc, as an organization, focuses on providing various opportunities for inner city youth. Their mission encompasses offering sport activities, such as basketball leagues, along with administering these leagues. Additionally, they run after-school programs and engage in gang resistance education, often collaborating closely with local law enforcement departments, in this case, the Lawrence Police Department. Their primary goal is to empower and support these young individuals through sports and education.

Who is the CEO of Hoops For Hope Inc?

James Arnold is the President of Hoops For Hope Inc.

What is the revenue of Hoops For Hope Inc?

Hoops For Hope Inc's revenue in 2020 was $53,001.

Who are the executives of Hoops For Hope Inc and what are their salaries?


There is 1 key member and their salary:


James Arnold (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hoops For Hope Inc?

Hoops For Hope Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Hoops For Hope Inc

Hoops For Hope Inc, a nonprofit organization, is committed to providing sport activities, after-school programs, and education for inner city youth in unspecified locations. Their mission is to engage these young individuals in basketball leagues and oversee their administration, while also offering after-school programs and implementing gang resistance education in close collaboration with local law enforcement, such as the Lawrence Police Department. By doing so, Hoops For Hope Inc aims to positively impact the lives of these youth, providing them with valuable opportunities and resources to grow and thrive.

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Impact




October, 2024

Hoops For Hope Inc significantly impacts inner-city youth in the Lawrence, MA area by providing engaging sports activities, notably basketball leagues, and after-school programming. These initiatives promote physical fitness, teamwork, and discipline while offering a safe and supportive environment for young people.

In addition to recreational activities, the organization focuses on educational support and gang resistance by collaborating closely with the Lawrence Police Department. This partnership enhances community safety and fosters positive relationships between youth and law enforcement. Overall, Hoops For Hope Inc plays a vital role in shaping the lives of young individuals, empowering them through sports, education, and mentorship, thereby nurturing a healthier, more cohesive community.




This information is meant to be a general summary of Hoops For Hope Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$53,001 (2020)
Expenses
$22,683 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $7,479
  • Program Service Revenue: $13,222
  • Gross Receipts: $91,310

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BASKETBALL/AFTER SCHOOL

Revenue

$13,222

Organization Details

Principal Officer

James Arnold

Main Address

15 GENEVA ROAD, ANDOVER, MA, 01810

NTEE Category

Code: N30Z - Recreation

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