Overview
What is Boca Hoops Inc?
Boca Hoops Inc is a vibrant nonprofit organization specialized in youth basketball, catering to around 1,000 youngsters aged 7 to 15. Divided into 100 teams across eight divisions, the league encourages diversity by actively reaching out to underrepresented minority communities, offering partial scholarships to 50 lower-income players. The organization also prioritizes inclusion, with the High-5 division that welcomes handicapped and special needs children aged 8 to 25, drawing around 80 to 100 participants. Moreover, Boca Hoops provides an opportunity for about 100 talented players aged 9 to 15 to extend their basketball journey through their travel team, allowing them to transcend the typical league limits.
Official website here: www.bocahoops.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Boca Hoops Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The rating is based on a single beacon score, showcasing the organization's strengths in various financial metrics. Notably, Boca Hoops Inc boasts an impressive 100% program expense ratio, meaning all its expenses directly support its programs.
The organization has a strong governance structure, with 85% of its board members being independent, which reflects positively on its management practices. Additionally, Boca Hoops Inc has demonstrated no material diversion of assets, further reinforcing its accountability. However, the organization received deductions due to missing policies such as a conflict of interest policy and a whistleblower policy, which are critical for maintaining transparency and ethical governance.
While the financial metrics reflect a well-managed nonprofit, the absence of certain governance policies indicates areas for improvement. Overall, Boca Hoops Inc shows strong financial health, but enhancing its policy framework would elevate its rating further and enhance trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Boca Hoops Inc legitimate?
Boca Hoops Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boca Hoops 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
Official website here: www.bocahoops.com
What is the mission statement of Boca Hoops Inc?
Boca Hoops Inc. operates a youth basketball league, catering to around 1,000 children between the ages of 7 and 15. The organization is committed to promoting inclusivity, as evident in its affirmative outreach to minority communities, resulting in partial scholarships for around 50 low-income minority players. They also have a High-5 division, offering opportunities for handicapped and special needs children aged 8 to 25. Furthermore, Boca Hoops Inc. provides a travel team for approximately 100 children aged 9 to 15, allowing them to extend their basketball experience beyond the league.
Official website here: www.bocahoops.com
Who is the CEO of Boca Hoops Inc?
Joseph Z Forstot is the President of Boca Hoops Inc.
Official website here: www.bocahoops.com
What is the revenue of Boca Hoops Inc?
Boca Hoops Inc's revenue in 2022 was $496,629.
Official website here: www.bocahoops.com
Who are the executives of Boca Hoops Inc and what are their salaries?
There 10 volunteers at Boca Hoops Inc.
Here are 7 key members and their salaries:
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Official website here: www.bocahoops.com
Where can I find the form 990 for Boca Hoops Inc?
Boca Hoops Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bocahoops.com
Learn more at the official website: www.bocahoops.com
Mission Statement of Boca Hoops Inc
Boca Hoops Inc, a prominent youth basketball league, serves over 1,000 boys and girls between the ages of 7 and 15. The organization is committed to fostering an inclusive environment, with a significant focus on reaching out to minority communities. As a result, approximately 50 low-income minority players receive partial scholarships to participate in the league.
The league is divided into 100 teams, each competing within eight different divisions. Moreover, Boca Hoops Inc offers a unique opportunity for handicapped and special needs children through its High-5 division. This division caters to children aged 8 to 25, welcoming around 80 to 100 participants annually. Beyond the norm, the travel team at Boca Hoops Inc provides an additional platform for approximately 100 players between the ages of 9 and 15 to further develop their skills and compete at a higher level.
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Impact
July, 2024
Boca Hoops Inc positively impacts the community by providing a structured and inclusive environment for youth to participate in basketball. Through their youth basketball league, they engage 1,000 boys and girls between the ages of 7 to 15, fostering teamwork and sportsmanship among participants. The organization's affirmative outreach to minority communities results in around 50 low-income minority players receiving partial scholarships, making the league accessible to a more diverse group of children.
In addition, Boca Hoops Inc's High-5 division offers a unique opportunity for handicapped and special needs children, with 80 to 100 kids benefiting from this inclusive program. Furthermore, their travel team provides approximately 100 players aged 9 to 15 with the chance to enhance their basketball skills and compete beyond the local level.
Overall, Boca Hoops Inc's impact extends beyond just providing recreational opportunities; they promote diversity, inclusivity, and skill development among youth in the Boca Raton community.
This information is meant to be a general summary of Boca Hoops 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $496,629
- Gross Receipts: $496,629
Assets and Liabilities:
- Total Assets: $135,881
- Total Liabilities: $0
- Net Assets: $135,881
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$268,810
SUMMER CAMP
Revenue
$196,819
TRAVEL TEAM
HIGH-5
Revenue
$31,000
Organization Details
Founding Year
1988
Phone
(561) 988-2020Principal Officer
Joseph Z Forstot
Main Address
945-A CLINT MOORE ROAD, BOCA RATON, FL, 33487
Website
www.bocahoops.comNTEE Category
Code: N62Z - Recreation
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