Hoops 4Him

Nonprofit profile at a glance

EIN
873526439
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Woodinville, WA, USA
Phone
4253817747
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Basketball
Affiliation
Christianity

Official website

Reported finances

Revenue
$544,574
Expenses
$518,262
Assets
$88,569
Liabilities
$753

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • KEN REIDY (PRESIDENT)
  • ADAM LYNCH (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ADAM LYNCH (EXECUTIVE DIRECTOR): $232,332 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Hoops 4him exists to coordinate, promote, encourage, organize, and provide youth basketball programming to the surrounding and greater communities to advance health, social, educational, vocational, mental, moral, physical, and character development of youth, all with an environment and culture that reflects the gospel of jesus christ.

What it reported doing in 2024

Served the area youth by hosting three basketball tournaments. Specifically, we offer three youth basketball tournaments each winter. 80-100 youth basketball teams attend on a given weekend. Our attendance is typically between 2,500-3,000 people, all from the surrounding area. We foster a positive and inclusive environment for players of all skill levels. The age range of athletes is from grades 4-8, and athletes include both boys and girls. We have a dedicated coaching staff who are passionate about mentorship and character development. We believe in teaching more than just the fundamentals of basketball; we strive to instill values such as discipline, resilience, and sportsmanship that will serve our young athletes well beyond the court. Our spring aau program includes 16 youth basketball teams of 4th-11th grade boys and girls. Our coaches begin each practice with a thought of the day and prayer. The thought of the day is related to life and ultimately points all participants back to the teachings of jesus and the christian faith. We break team huddles with "for him!" as a reminder of why we are all out there. Our job as believers is to glory god in all we do which includes athletic competition.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 82
  • Accountability: 75
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89%; rating input score 89
  • Program expense ratio: 93.4%; rating input score 93
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 16th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 4.8%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 70; 70th percentile among comparable filings
  • Officer compensation ratio: 44.8%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 14.4% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 15.3% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 41% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 89% of revenue deployed · 93.4% of spending went to programs
  • Governance: 3 of 4 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $484K in reported program spending
  • Leadership: top reported pay $232K · 4 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 8/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Operating margin scored 50/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.