Hoopla Association
- Assets
- $70.2k
- Revenue
- $203.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, OR
- Founding
- 04/2001
- Data as of
- 12/2021
- EIN
- 93-1272479
Organization Overview
Hoopla Association is located in Salem, OR. The organization was established in 2001. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, 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. Hoopla Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Hoopla Association generated $203.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $184.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE YOUTH SPORTS AND ACTIVITIES THROUGHOUT THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOOPLA IS NOT ONLY OREGON'S LARGEST AND PREMIER 3-ON-3 BASKETBALL EVENT, BUT ALSO A PRESTIGIOUS FAMILY-FRIENDLY SPORTING EVENT THAT IS COMMITTED TO BETTERING THE COMMUNITY. THE HOOPLA EVENT ALSO INCLUDES A TIP-OFF TOURNAMENT ON WEDNESDAY; MULTIPLE SKILLS CLINICS FOR ALL AGES AND SKILL LEVELS; A 2X2 TOURNAMENT ON FRIDAY AS WELL AS MANY OTHER EVENTS INCLUDING 3-POINT, HOT SHOT, SKILLS AND SLAM DUNK CONTESTS. THE 2021 EDITION INCLUDED APPROXIMATELY 1,000 TEAMS, 4,000 PARTICIPANTS, 1,200 VOLUNTEERS AND 45,000+ SPECTATORS.
THE CHERRYFEST NW EVENT IS A FOUR-DAY FESTIVAL FEATURING BANDS ON AN OUTDOOR STAGE. IT OFFERS SEVERAL LOCAL EATERIES, 70+ BEERS ON TAP, WILLAMETTE VALLEY WINES AND ENDLESS ENTERTAINMENT FOR KIDS OF ALL AGES. THIS WOULD HAVE BEEN THE TENTH YEAR OF THE HOOPLA ASSOCIATION OPERATING THE EVENT, HOWEVER DUE TO THE COVID-19 PANDEMIC THE EVENTS DID NOT HAPPEN IN 2020 OR 2021.THE SALEM WINTER BREWFEST IS USUALLY A FOUR-DAY FESTIVAL FEATURING 100+ BEERS ON TAP, FOOD VENDORS, AND LIVE MUSIC. THIS WOULD HAVE BEEN THE EIGTH YEAR OF THE HOOPLA ASSOCIATION PUTTING ON THIS EVENT, HOWEVER DUE TO THE COVID-19 PANDEMIC THE EVENTS DID NOT HAPPEN IN 2020 OR 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Unruh President | OfficerTrustee | 1 | $10,000 |
Carroll Unruh Director | Trustee | 1 | $0 |
Geoff Grass Director | Trustee | 1 | $0 |
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 | $60,458 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,458 |
| Total Program Service Revenue | $142,564 |
| 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 | $203,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $10,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $128 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,198 |
| Advertising and promotion | $4,250 |
| Office expenses | $0 |
| Information technology | $3,645 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $252 |
| Interest | $248 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,833 |
| Insurance | $2,336 |
| All other expenses | $625 |
| Total functional expenses | $184,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,533 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $14,593 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100 |
| Total assets | $70,226 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $45 |
| Total liabilities | $45 |
| Net assets without donor restrictions | $70,181 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $70,226 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hoopla Association has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Ralph Hull Foundation Monroe, OR PURPOSE: GENERAL PROGRAMS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Green Hills Memorial Park Endowment Care Trust Fund Rancho Palos Verdes, CA | $83,462,233 | $9,095,852 |
Seattle Parks Foundation Seattle, WA | $15,495,832 | $6,808,080 |
Reno-Tahoe Open Foundation Reno, NV | $100,630 | $4,549,050 |
Outward Bound California San Francisco, CA | $5,260,897 | $5,231,373 |
Los Angeles Parks Foundation Los Angeles, CA | $6,042,813 | $2,779,556 |
Cascade Bicycle Club Seattle, WA | $3,889,164 | $2,696,887 |
The Scga Foundation Studio City, CA | $5,068,543 | $2,522,992 |
Truckee Meadows Parks Foundation Reno, NV | $433,381 | $1,831,292 |
Youth Tennis San Diego San Diego, CA | $3,088,296 | $1,446,054 |
Elings Park Foundation Santa Barbara, CA | $8,528,099 | $3,756,645 |
Vegas Jr Golden Knights Foundation Inc Las Vegas, NV | $277,565 | $1,461,319 |
Death Valley Conservancy Pasadena, CA | $30,770,823 | $2,218,729 |