Hoover Hoops
Nonprofit profile at a glance
- EIN
- 300266459
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- North Canton, OH, USA
- Phone
- 3309361235
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Student Services, Organizations of Students
Reported finances
- Revenue
- $103,704
- Expenses
- $73,792
- Assets
- $54,261
- Liabilities
- $196
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Michael Cain (President)
- Maggie Holihan (Vice President)
People named in this filing
- Michael Cain (President)
- Stacey Bluey (Secretary)
- Hillary Newell (Treasurer)
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
Hoover Hoops is a parent led, 501c3 non-profit youth organization seeking to develop young players to love and enjoy the game of basketball. Our mission is to provide the North Canton Hoover High School Basketball Program with fundamentally sound and game experienced players. It is our desire to prepare these youth to contribute to the High School Program immediately in the following areas: academics, athletics, and to lead character driven lives.
What it reported doing in 2024
Basketball program support for Kids in High School and Middle School
Operating model
- Revenue model
- Other-operating. 82% of the money available for current operations came from other operating 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. Assets have declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 82
- Sustainability: 62
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.9%; rating input score 68
- Program expense ratio: 95.4%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 28.8%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 0.74; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 47; 47th percentile among comparable filings
- Officer compensation ratio: 2%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: 9.5% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 5.4% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: -5.6% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 67.9% of revenue deployed · 95.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $70K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2009 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 — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Officer compensation ratio scored 24/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 47/100.