Southeast Idaho Hoops Academy

Nonprofit profile at a glance

EIN
463968593
IRS 990-EZ coverage
2018–2022
Forms available
Form 990-EZ 2022
Location
Chubbuck, ID, USA
Phone
2082413430
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Amateur Sports

Reported finances

Revenue
$77,513
Expenses
$74,194
Assets
$15,488
Liabilities
$18,173

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • BRENDA L WORRELL (BOARD MEMBER)
  • MICHAEL WHEELOCK (BOARD MEMBER)
  • CORTNIE SMITH (BOARD MEMBER)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Southeast Idaho hoops academy is a non-profit organization dedicated to bringing a higher level of basketball fundamentals, discipline and life skills to the youth of southeast Idaho. We also help youth in our community improve their athletic performance in any sport. Participants will learn team work, dedication, loyalty, hard work, goal setting and sportsmanship. They will improve their physical fitness as well as increase their self esteem.

What it reported doing in 2022

Southeast Idaho hoops academy mision is to bringing a higher level of basketball fundamentals, discipline and life skills to the youth of southeast Idaho. We also help youth in our community improve their athletic performance in any sport. Participants will learn team work, dedication, loyalty, hard work, goal setting and sportsmanship. They will improve their physical fitness as well as increase their self esteem.

Operating model

Revenue model
Earned-program. 97% 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

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: 98
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.7%; rating input score 96
  • 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: 4.3%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.21; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 1.17; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 18.2% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 17% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 36.1% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 95.7% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $74K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2018 to 2022
  • 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 15/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.