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Hoops 4 Lyfe

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

EIN: 472258939 ✦ Winston salem, NC ✦ Designated as a 501(c)(3)

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Overview

What is Hoops 4 Lyfe?

Hoops 4 Lyfe is a nonprofit organization situated in Winston Salem, North Carolina, committed to empowering youth and families. Their mission involves connecting individuals with resources for personal growth, education, job opportunities, and family support. They offer an array of enrichment classes and programs, even providing virtual assistance during the pandemic. Furthermore, Hoops 4 Lyfe extends its support to the community by providing financial aid during COVID-19, assisting families in clearing delinquent rent and utility payments.

Is Hoops 4 Lyfe legitimate?

Hoops 4 Lyfe is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoops 4 Lyfe submitted a form 990EZ, 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.

What is the mission statement of Hoops 4 Lyfe?

Hoops 4 Lyfe's mission is centered around connecting youth and families with resources for personal growth, education, employment opportunities, and family support. The organization offers a range of classes and programs for personal enrichment. During the pandemic, they also provided virtual monitoring services. In addition, Hoops 4 Lyfe extends financial assistance to the community through COVID-19 relief efforts, helping families with overdue rent and utility payments.

What is the revenue of Hoops 4 Lyfe?

Hoops 4 Lyfe's revenue in 2021 was $88,511.

Who are the executives of Hoops 4 Lyfe and what are their salaries?

Here are 4 key members and their salaries:


Ada Harshaw (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Brent-Bownes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teneal Mcmahan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Duncan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Hoops 4 Lyfe?

Hoops 4 Lyfe's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Hoops 4 Lyfe

Hoops 4 Lyfe, as an organization, is committed to connecting youth and families with resources that foster personal growth, education, job opportunities, and family support. Its mission is multifaceted, encompassing the provision of various classes and programs designed for personal enrichment. During the pandemic, Hoops 4 Lyfe even offered virtual monitoring to ensure continuous learning and engagement.

Beyond academic and personal development, Hoops 4 Lyfe extends its reach to the financial wellbeing of its community. Through COVID-19 relief efforts, the organization provides community financial assistance, aiding families in managing delinquent rent and utility payments. This comprehensive approach to community support empowers individuals and families to overcome challenges and build a stronger future for themselves.

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Impact




October, 2024

Hoops 4 Lyfe plays a vital role in empowering youth and families in Winston Salem, NC, by connecting them to essential resources for personal growth and education. The organization offers a variety of classes and programs designed to foster personal enrichment, helping individuals develop skills that can lead to job opportunities and overall family support.

During the pandemic, Hoops 4 Lyfe demonstrated adaptability by providing virtual monitoring, ensuring that families continued to receive support despite social distancing measures. Additionally, the organization has been instrumental in alleviating some of the financial burdens faced by families during COVID-19 through its community financial assistance programs. By helping with delinquent rent and utility payments, Hoops 4 Lyfe has provided critical relief to those in need, reinforcing its commitment to improving the lives of community members.

Through its multifaceted approach to youth development and family support, Hoops 4 Lyfe significantly impacts the community by nurturing resilience, enhancing educational access, and fostering a sense of stability for families in challenging times.




This information is meant to be a general summary of Hoops 4 Lyfe. 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
$88,511 (2021)
Expenses
$64,048 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $2,511
  • Gross Receipts: $88,511

Assets and Liabilities:

  • Total Assets: $55,537
  • Total Liabilities: $0
  • Net Assets: $55,537

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Organization Details

Principal Officer

Ada Harshaw

NTEE Category

Code: O50 - Youth development

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