Hoops by the River Inc

Nonprofit profile at a glance

EIN: 271453959
IRS 990-EZ coverage: 2015–2023
Forms available: Form 990-EZ 2023, Form 990-N 2020
Location: New York, NY, USA
Phone: 6462366481
Rating: 68
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Youth Development Programs

Reported finances

Revenue: $10,430
Expenses: $4,613
Assets: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

WILLIE KELLY III (PRESIDENT)

People named in this filing

WILLIE KELLY III (PRESIDENT)
CHRISTOPHER KELLY (TREASURY)
MONIFA HEYWARD (SECRETARY)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Hoops by the river is a community based basketball program that serves the community and surrounding communities with the focus on youth who may be less active in the community as well as those who may be at risk from negative influences in the community

What it reported doing in 2023

Donated by members of our community business owners as well as the officers of the non profit corporation.

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

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filed totals do not add up.

Rating breakdown

Financial Efficiency: 65
Transparency & Controls: 82
Sustainability: 51
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 44.2%; rating input score 44
Program expense ratio: 100%; rating input score 100

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: 55.8%; rating input score 93; 93rd percentile among comparable filings
Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -20.7% per year; rating input score 0; 18th percentile among comparable filings
Revenue growth: -18.1% per year; rating input score 0; 17th percentile among comparable filings
Asset growth: Limited

Details

Where the money goes: 44.2% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $5K in reported program spending
Leadership: top reported pay $0 · 3 people listed
Consistency: 5 of 6 current checks pass · 1 finding to review
Schedules: 2 filed schedules
Filing history: 6 filing years from 2015 to 2023
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.

Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
Review — Sustainability: Officer compensation ratio scored 56/100.