Hoops And Dreams Foundation Inc
- Assets
- $32.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bridgeport, CT
- Founding
- 07/2019
- Data as of
- 09/2022
- EIN
- 36-4918769
Organization Overview
Hoops And Dreams Foundation Inc is located in Bridgeport, CT. The organization was established in 2019. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hoops And Dreams Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Hoops And Dreams Foundation Inc generated $144.7k in total revenue. All expenses for the organization totaled $112.7k during the year ending 09/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BASKETBALL CAMPS AND LIFE SKILLS COACHING
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Oleynick Executive Director | 35 | $74,200 | |
Reginald Walker Director | 10 | $0 | |
Peter Turzer Director | 2 | $0 | |
Susan Kasper Riccio Director | 2 | $0 | |
Peter Perillo Director | 2 | $0 | |
Matthew Gerics Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,700 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $144,700 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,507 |
| Professional fees and other payments to independent contractors | $74,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $50 |
| Other expenses | $32,952 |
| Total expenses | $112,709 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,442 |
| Other assets | $0 |
| Total assets | $32,442 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,442 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hoops And Dreams Foundation Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Colon Family Foundation Milford, CT PURPOSE: IN FURTHERANCE OF STATED OBJECTIVES OF THE FOUNDATION | $1,500 |
Baird Foundation Inc Milwaukee, WI PURPOSE: HEALTH AND HUMAN SERVICES | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rising Stars Inc Uniondale, NY | $2,003,624 | $2,371,167 |
Lightning Basketball Inc West Hempstead, NY | $12,742 | $1,304,966 |
Shooting Touch Hyde Park, MA | $603,933 | $1,175,352 |
Amateur Athletic Union Of The United States Meriden, CT | $77,652 | $760,443 |
Coaching For Change Inc Taunton, MA | $1,018,552 | $1,148,634 |
Brooklyn Youth Sports Club Inc Brooklyn, NY | $278,702 | $673,770 |
Fundamental Hoops Inc North Andover, MA | $33,088 | $499,058 |
Ridgefield Basketball Association Inc Ridgefield, CT | $117,228 | $445,659 |
Mo Motion Inc New York, NY | $100,208 | $419,832 |
Mvp Basketball Camps Inc White Plains, NY | $162,806 | $376,016 |
Holcombe Rucker Community League Inc New York, NY | $577,066 | $46,158 |
Palisades Elite Stony Point, NY | $0 | $319,459 |