HOOPS FOR HOPE INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

MARK CRANDALL

Phone

6312678682

Tax Period

2023-01-01 to 2023-12-31

HOOPS FOR HOPE INC, founded in 1995, is a small nonprofit in the Recreation & Sports sector that reported $207K in total revenue in fiscal year 2023.

Mission

SINCE 1995, THE ORGANIZATION HAS SUPPORTED YOUTH DEVELOPMENT THROUGHOUT SOUTHERN AFRICA BY PROVIDING MORE THAN 10,000 SCHOOL-AGE CHILDREN WITH ITS BASKETBALL/LIFE SKILLS PROGRAM.

Program Service Accomplishments

Program 1

Expenses: $150,315

PROVIDED EDUCATIONAL AND SPORTS PROGRAMS TO YOUTHS IN SOUTHERN AFRICA THAT INCLUDED BASKETBALL CLINICS, HIV/AIDS AWARENESS, AND CONFLICT MEDIATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $202,958

Program Service Revenue $0

Investment Income $0

Other Revenue $3,566

TOTAL REVENUE $206,524

Expense Breakdown

Grants Paid $3,500

Salaries & Benefits $28,632

Fundraising Expenses $0

Program Expenses $150,315

Other Expenses $185,659

TOTAL EXPENSES $217,791

Year-over-Year Comparison

	2023	2022	Change
Revenue	$206,524	$208,266	0.0%
Expenses	$217,791	$195,835	+0.1%
Net Income	$-11,267	$12,431	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN TODRES	DIRECTOR	0.30	Director	$0	$0	$0
JOHN WATERS	DIRECTOR	0.30	Director	$0	$0	$0
JEFF KOREK	DIRECTOR	0.30	Director	$0	$0	$0
MATT MCQUADE	DIRECTOR	0.30	Director	$0	$0	$0
MARK CRANDALL	TREASURER	0.30	Officer	$0	$0	$0
JEFF GAMBLE	SECRETARY	0.30	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$206,524	$217,791	$63,187	$-11,267
2022	$208,266	$195,835	$72,219	$12,431
2021	$136,483	$152,578	$45,228	$-16,095
2020	$157,803	$196,292	$61,690	$-38,489
2019	$362,655	$333,752	$112,235	$28,903
2018	$359,742	$331,483	$88,042	$28,259