Overview
What is San Francisco Hoops Foundation?
The San Francisco Hoops Foundation is a nonprofit organization situated in San Francisco, California, specifically at 50 Arnold Avenue. Their primary mission is to ensure that all city residents, regardless of age, race, ethnicity, or religion, have the opportunity to enjoy indoor sports like basketball. They achieve this by providing and subsidizing a facility for such activities. The foundation is also actively involved in sponsoring boy and girl youth basketball teams, contributing to their victories in championships. Beyond this, the San Francisco Hoops Foundation aims to establish a safe, affordable, and educational sports facility that can benefit the community by expanding the accessibility and affordability of structured individual and team sports for those who might otherwise be unable to afford them. They offer and promote league play, tournaments, clinics, and one-on-one education to achieve this goal.
Official website here: www.sfhoops.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The San Francisco Hoops Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating is based entirely on its score in the Accountability & Finance category, indicating that the organization has met high standards in financial management and transparency.
The foundation excels in several key areas, including having a fully independent board with 100% independent members and maintaining no material diversion of assets. It also demonstrates solid financial health, with a program expense ratio of 87.45%, meaning a significant majority of its expenditures directly support its programs, which is a positive indicator for donors looking for effective use of their contributions.
While the data presented highlights numerous strengths, the summary does not mention any specific areas for improvement or limitations. Overall, the San Francisco Hoops Foundation appears to be a well-managed nonprofit that is committed to maintaining high standards of accountability and service.
This AI summary has been generated from information found on Charity Navigator.
Is San Francisco Hoops Foundation legitimate?
San Francisco Hoops Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Francisco Hoops Foundation 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: $4,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sfhoops.org/
What is the mission statement of San Francisco Hoops Foundation?
The San Francisco Hoops Foundation's mission is to establish a secure, affordable, and educational sports facility that serves the community. This facility aims to increase the accessibility and affordability of structured individual and team sports for a broader population, including those who might otherwise be unable to afford it. The foundation accomplishes this by organizing league play, hosting tournaments, conducting clinics, and offering one-on-one education sessions. Their goal is to promote sports as a means of personal development and community engagement.
Official website here: www.sfhoops.org/
Who is the CEO of San Francisco Hoops Foundation?
Jay Lezcano is the President of San Francisco Hoops Foundation.
Official website here: www.sfhoops.org/
What is the revenue of San Francisco Hoops Foundation?
San Francisco Hoops Foundation's revenue in 2022 was $4,500.
Official website here: www.sfhoops.org/
Who are the executives of San Francisco Hoops Foundation and what are their salaries?
Here are 9 key members and their salaries:
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- Compensation: $4,500
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Official website here: www.sfhoops.org/
Where can I find the form 990 for San Francisco Hoops Foundation?
San Francisco Hoops Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sfhoops.org/
Learn more at the official website: www.sfhoops.org/
Mission Statement of San Francisco Hoops Foundation
The San Francisco Hoops Foundation is committed to serving its community by providing a secure, budget-friendly, and educational sports facility. Its primary objective is to expand the accessibility and affordability of structured individual and team sports, ensuring that individuals who may otherwise be unable to participate have the opportunity to do so. The foundation accomplishes this goal by sponsoring boy and girl youth basketball teams, enabling them to excel and ultimately emerge victorious in their respective championships. In addition to league play and tournaments, the San Francisco Hoops Foundation offers clinics and one-on-one educational sessions, further enriching the sports experience for its participants. By fostering a sense of camaraderie and promoting the values of teamwork and sportsmanship, the San Francisco Hoops Foundation contributes positively to the overall well-being of its community.
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Impact
August, 2024
San Francisco Hoops Foundation's impact can be seen in its sponsorship of boy and girl youth basketball teams that have won their respective championships. The foundation's commitment to providing and subsidizing a facility for all city residents, regardless of age, race, ethnicity, or religion, shows a dedication to ensuring that everyone has the opportunity to enjoy basketball and other indoor sports. By promoting structured individual and team sports through leagues, tournaments, clinics, and education programs, the foundation is expanding access to sports for those who may not otherwise be able to afford it. Through these initiatives, San Francisco Hoops Foundation is making a positive impact on the community by offering a safe, affordable, and educational sports facility for all city residents.
This information is meant to be a general summary of San Francisco Hoops Foundation. 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.
- Gross Receipts: $4,500
Assets and Liabilities:
- Total Assets: $33,823
- Total Liabilities: $0
- Net Assets: $33,823
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Organization Details
Founding Year
2021
Phone
(480) 505-8877Principal Officer
Jay Lezcano
Main Address
50 ARNOLD AVENUE, SAN FRANCISCO, CA, 94110
Website
www.sfhoops.org/NTEE Category
Code: N60 - Recreation
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