Houston Hoops Inc

Organization Overview

Houston Hoops Inc is located in Kingwood, TX. The organization was established in 1997. 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. Houston 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 12/2022, Houston Hoops Inc generated $110.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $137.5k during the year ending 12/2022. While expenses have increased by 2.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

COORDINATION AND MANAGEMENT OF YOUTH BASKETBALL TEAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ELITE YOUTH BASKETBALL PROGRAM INVOLVING INNER-CITY YOUTH AND THEIR FAMILIES, PARTICIPATING IN TOURNAMENTS THROUGHOUT THE UNITED STATES - THE ORGANIZATION PLACES EMPHASIS ON THE IMPORTANCE OF MEETING EDUCATIONAL GOALS AND PREPARATION FOR COLLEGE. WITH A GUIDANCE COUNSELOR ON STAFF ASSISTING ATHLETES, THE HOOPS WORKS WITH BOTH THE SCHOOLS AND THE PARENTS TO TUTOR AND PREPARE ITS ATHLETES. THE HOUSTON HOOPS' ULTIMATE GOAL IS TO HELP ITS ATHLETES EARN COLLEGE DEGREES. EDUCATIONAL TRAINING INCLUDES ACT AND SAT PREPARATION, TASS TESTING STUDY, COUNSELING ON CORE CURRICULUM AND MEETING NCAA GUIDELINES ON EDUCATION. THE ORGANIZATION CONTINUES TO FOLLOW ITS ATHLETES' PROGRESS THROUGHOUT COLLEGE. THE PROGRAM CONTINUES TO BE AVAILABLE TO ITS STUDENTS AND ALUMNI, AS THEY MAKE CAREER DECISIONS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$110,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$110,000
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $110,000

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Houston Hoops Inc has recieved totaling $120,000.

Awarding OrganizationAmount
Greater Houston Community Foundation

Houston, TX

PURPOSE: This grant is in support of 14U.

$120,000
View Grant Recipient Profile

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