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← HOOPTEE CHARITIES INC

Form 990 for tax year 2022

Filed by HOOPTEE CHARITIES INC.

Totals

Total revenue
$426,014
Total expenses
$308,852
Contributions and grants received
$749,750
Grants paid
$151,439
Program service revenue
$0
Investment income
$4,021
Other revenue
-$327,757
Total assets, end of year
$539,096
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$539,096
Program services expenses (Part IX)
$248,813
Management and general expenses
$60,039
Fundraising expenses
$0
Program service expenses (Part III)
$248,813

Program services were 80.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $594,885

  • 1f · All other contributions, gifts and grants

    $154,865

  • 3 · Investment income

    total $4,021 · excluded $4,021

  • 8a · Fundraising events: gross income

    $196,864

  • 8a · Fundraising events: contributions included on line 1c

    $594,885

  • 8b · Fundraising events: direct expenses

    $524,621

  • 8c · Net income from fundraising events

    total -$327,757 · excluded -$327,757

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $138,203 · program services $138,203

  • 2 · Grants to domestic individuals

    total $13,236 · program services $13,236

  • 11f · Fees: investment management

    total $1,579 · management and general $1,579

  • 11g · Fees: other

    total $42,931 · program services $13,307 · management and general $29,624

  • 13 · Office expenses

    total $24,002 · program services $4,437 · management and general $19,565

  • 17 · Travel

    total $13,094 · program services $13,040 · management and general $54

  • 23 · Insurance

    total $3,313 · management and general $3,313

  • 24a · Other expenses: SUPPLIES

    total $24,846 · program services $24,846

  • 24b · Other expenses: EVENT MANAGEMENT EXPENS

    total $18,770 · program services $18,770

  • 24c · Other expenses: EVENT STAFF EXPENSES

    total $15,708 · program services $15,708

  • 24d · Other expenses: MEALS & ENTERTAINMENT

    total $7,814 · program services $7,266 · management and general $548

  • 24e · All other expenses

    total $5,356 · management and general $5,356

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $285,099 · end of year $390,967

  • 11 · Investments: publicly traded securities

    beginning of year $168,916 · end of year $148,129

  • 25 · Other liabilities

    beginning of year $820 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $453,195 · end of year $539,096

Mission and programs · 2022

Mission

HOOPTEE CHARITIES, INC. IS ORGANIZED TO PROMOTE THE EDUCATION, HEALTH, PHYSICAL FITNESS, AND WELL-BEING OF UNDERPRIVILEGED CHILDREN THROUGH SCHOLARSHIPS FOR CAMPS AND OTHER EDUCATION AND ATHLETIC PROGRAMS.

Activities or mission (Part I)

HOOPTEE CHARITIES, INC. IS ORGANIZED TO PROMOTE THE EDUCATION, HEALTH, PHYSICAL FITNESS, AND WELLBEING OF UNDERPRIVILEGED CHILDREN THROUGH SCHOLARSHIPS FOR CAMPS AND OTHER EDUCATION AND ATHLETIC PROGRAMS.

  • ANNUAL BASKETBALL CAMP AND YOUTH PROGRAMS FOR THE BENEFIT OF UNDERPRIVILEGED CHILDREN.

    Expenses $248,813 · Grants $151,439

As filed on the 2022 return.

Listed in Part VII

  • Fred A Whitfield

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10

  • Eugene Ehmann

    VICE PRESIDENT, SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Jason Cipriani

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Kendall Alley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jesse Cureton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Robert Stevanovski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sandra Holub

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Malcomb Coley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • ACHIEVEMENTS UNLIMITED LLC

    BASKETBALL SCHOOL PROGRAM · NC · income $72,715 · assets $7,893

    Directly controlled by HOOPTEE CHARITIES INC

Provenance

Return type
form_990
Tax year
2022
Filed
9 October 2023
IRS schema version
2022v5.0
Source object
202332829349301758

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