Arkansas Hoops Inc is located in Sheridan, AR. The organization was established in 2003. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Arkansas Hoops 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 12/2017, Arkansas Hoops Inc generated $92.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $175.0 during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
BCI TOURNAMENT,EXPLOSION BASKETBALL,AAU TOURNAMENT & ARKANSAS SHOWCASE: PROVIDES YOUNG WOMEN THE OPPORTUNITY TO ADVANCE THEIR SKILLS IN ORGANIZED GAMES AND GIVES THEM THE CHANCE TO ADVANCE TO NATIONAL TOURNAMENTS AND TO SHOW THEIR TALENTS IN FRONT OF COLLEGIATE REPRESENTATIVES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bob Harris Director | 0 | $0 | |
Gretchen Hall Secretary | 0 | $0 | |
Dorothy Hall President | 0 | $0 | |
Kathy Griffin Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $92 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $92 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $175 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $175 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,404 |
Other assets | $0 |
Total assets | $24,404 |
Total liabilities | $0 |
Net assets or fund balances | $24,404 |
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