Harrington Hoops Academy Inc
Nonprofit profile at a glance
- EIN
- 842036731
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Santa Rosa Beach, FL, USA
- Phone
- 8503990158
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports Competitions
Reported finances
- Revenue
- $108,267
- Expenses
- $101,200
- Assets
- $11,742
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- CHRISTY ALLEN COBLE (DIRECTOR)
- AMY WISE COBLE (CHAIRMAN)
- DUSTIN HOSTETLER (VICE CHAIRMA)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We are a nonprofit organization committed to fostering the game of basketball in northwest Florida and beyond. Our vision is to grow the game of basketball and become the premier basketball club in northwest Florida, on and off the court. Our sports team group provides area youth with an opportunity to develop their athletic abilities, understand the importance of teamwork skills, and have a rewarding experience in a safe and positive environment.
What it reported doing in 2024
Annual basketball training sessions, groups, competitive team club tournament experiences
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.4%; rating input score 90
- Program expense ratio: 96.7%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.5%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 36.7% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 42.7% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 86.1% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 90.4% of revenue deployed · 96.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $98K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- Review — Sustainability: Operating margin scored 51/100.