Hoop Bus Inc

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

EIN: 844283689 ✦ Venice, CA ✦ Designated as a 501(c)(3)

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Overview

What is Hoop Bus Inc?

Hoop Bus Inc is a nonprofit organization situated in Venice, California, with a mission to promote national amateur sports competitions by offering complimentary transportation. They carry out this mission through various programs, such as renovating basketball courts and taking over physical education classes, thereby encouraging physical activity among youth. The organization's primary objective is to foster a vibrant sports community and ensure that everyone has an opportunity to participate.


Official website here: www.hoopbus.com

Is Hoop Bus Inc legitimate?

Hoop Bus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoop Bus 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.hoopbus.com

What is the mission statement of Hoop Bus Inc?

Hoop Bus Inc's mission is centered around fostering a national amateur sports competition. To achieve this, they provide complimentary transportation as a supporting service. The organization's activities include renovating basketball courts and taking over Physical Education classes, all aimed at promoting physical activity among youth. In essence, Hoop Bus Inc strives to facilitate and encourage amateur sports competitions across the nation, offering free transportation as a valuable addition to its efforts.


Official website here: www.hoopbus.com

Who is the CEO of Hoop Bus Inc?

Dan Moroni is the Exec Director of Hoop Bus Inc.


Official website here: www.hoopbus.com

What is the revenue of Hoop Bus Inc?

Hoop Bus Inc's revenue in 2022 was $681,249.


Official website here: www.hoopbus.com

Who are the executives of Hoop Bus Inc and what are their salaries?


Here are 3 key members and their salaries:


Dan Moroni (Exec Director)
  • Compensation: $33,700
  • Related: $0
  • Other: $0
Nicolas Gailla (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chikako Horii (Bookkeeper)
  • Compensation: $6,322
  • Related: $0
  • Other: $0


Official website here: www.hoopbus.com

Where can I find the form 990 for Hoop Bus Inc?

Hoop Bus Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hoopbus.com

Learn more at the official website: www.hoopbus.com

Mission Statement of Hoop Bus Inc

Hoop Bus Inc, a nonprofit organization, is dedicated to fostering a national amateur sports competition. This mission is twofold; not only does Hoop Bus promote competitive sports, but it also provides free transportation for its participants. Through its initiatives, the organization aims to encourage physical activity among youth, contributing to their overall well-being. Hoop Bus achieves this by organizing events such as basketball court renovations and P.E. takeovers, which not only provide opportunities for recreation but also inspire a love for sports.

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Impact




July, 2024

Hoop Bus Inc's impact lies in fostering a national amateur sports competition and providing complimentary transportation to support this endeavor. Their programs, such as basketball court renovations and P.E. takeovers, contribute to promoting physical activity for youth. Located in Venice, CA, Hoop Bus strives to achieve its mission of encouraging athletic participation and healthy living among young individuals.




This information is meant to be a general summary of Hoop Bus 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
$681,249 (2022)
Expenses
$694,382 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $681,249

Assets and Liabilities:

  • Total Assets: $42,166
  • Total Liabilities: $51,533
  • Net Assets: -$9,367

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Organization Details

Founding Year

2020

Principal Officer

Dan Moroni

Main Address

705 5TH AVENUE B, VENICE, CA, 90291

NTEE Category

Code: N12 - Recreation

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