Overview
What is Hoop-Ology?
Hoop-Ology is a nonprofit organization that specializes in sports training and counseling. Their primary mission involves managing expenses for sports leagues and camps, including staff salaries, trophies, and other related costs. Their services extend to both general expenses and management fees, ensuring that these activities run smoothly. The organization is committed to fostering physical fitness and sportsmanship in individuals through their counseling programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, Overall Score: 73%)
Hoop-Ology has received a Two-Star rating from Charity Navigator, reflecting a score of 73%. The organization has demonstrated strong leadership with a fully independent board and has reported no material diversion of assets. Furthermore, their program expense ratio is notably high at 75.50%, indicating a substantial portion of resources is dedicated to program activities.
However, the organization has significant gaps in transparency and accountability. Notably, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction. Additionally, important financial documents are not available on their website, which detracts from their overall accountability score.
While Hoop-Ology's financial management appears sound based on the liabilities to assets ratio showing no liabilities, the absence of crucial governance policies and missing documentation on their website indicates areas for improvement. Addressing these limitations could enhance their standing and trustworthiness within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Hoop-Ology legitimate?
Hoop-Ology is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoop-Ology 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 Hoop-Ology?
Hoop-Ology, as an organization, is dedicated to providing sports training and counseling services. Their mission is to manage and fund various aspects of sports leagues and camps, including covering expenses for staff, trophies, and other related costs. Their primary focus is on assisting individuals in honing their sports skills and promoting physical fitness.
Who is the CEO of Hoop-Ology?
James W Abrams Ii is the Principal Officer of Hoop-Ology.
What is the revenue of Hoop-Ology?
Hoop-Ology's revenue in 2022 was $22,873.
Who are the executives of Hoop-Ology and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hoop-Ology?
Hoop-Ology's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hoop-Ology
Hoop-Ology, as a nonprofit organization, is dedicated to educating and guiding individuals in the realm of sports and physical fitness. Its primary mission is to manage and oversee various leagues and camps, while simultaneously providing training and counseling services. This encompasses overseeing general expenses, management fees, and staff remuneration, along with the procurement of trophies and other related costs. In essence, Hoop-Ology is committed to fostering an environment where individuals can hone their sports skills and cultivate a love for physical fitness.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Hoop-Ology's impact can be seen in the positive influence it has on individuals through sports training and counseling. By providing opportunities for individuals to engage in physical fitness activities and receive guidance in sports, Hoop-Ology is not only promoting health and wellness but also instilling valuable life skills such as teamwork, discipline, and perseverance. Their programs, which cover various expenses and facilitate access to leagues and camps, play a significant role in fostering a supportive and enriching environment for participants. Overall, Hoop-Ology's commitment to promoting recreational activities and personal development contributes to the well-being of individuals in the community.
This information is meant to be a general summary of Hoop-Ology. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $22,873
- Gross Receipts: $22,873
Assets and Liabilities:
- Total Assets: $1,701
- Total Liabilities: $0
- Net Assets: $1,701
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM PLAYERS
Revenue
$22,873
Organization Details
Principal Officer
James W Abrams Ii
Main Address
PO BOX 21502, COLUMBIA, SC, 29221
NTEE Category
Code: N11 - Recreation
If you are a representative of Hoop-Ology and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.