HOOPS AND DREAMS FOUNDATION INC (EIN 364918769) - Form 990 Financial Analysis & Trantor Score

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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

2018

Legal Domicile

Principal Officer

Frank Oleynick

Phone

2033671673

Tax Period

2024-10-01 to 2025-09-30

HOOPS AND DREAMS FOUNDATION INC, founded in 2018, is a small nonprofit in the Recreation & Sports sector that reported $206K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $36K, a strong 17% operating margin.

Mission

Our organization's primary purpose is to provide basketball training with instruction on life skills such as educational tips, social skills, career planning, and community involvement and good citizenship.

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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 (2024)

Revenue Breakdown

Contributions & Grants $207,585

Program Service Revenue $0

Investment Income $0

Other Revenue $-1,335

TOTAL REVENUE $206,250

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,772

Fundraising Expenses $0

Program Expenses $170,310

Other Expenses $39,538

TOTAL EXPENSES $170,310

Year-over-Year Comparison

	2024	2023	Change
Revenue	$206,250	$108,947	+0.9%
Expenses	$170,310	$132,129	+0.3%
Net Income	$35,940	$-23,182	-2.6%

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

N/A

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

$102,945

Key Employees

$100,200

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Frank Oleynick	Executive Director	40	Director Key Emp	$100,200	$0	$100,200
Reginald Walker	Director	15	Director	$1,425	$0	$1,425
Peter Perillo	Director	2	Director	$1,320	$0	$1,320
Susan Kasper Riccio	Director	2	Director	$0	$0	$0
David Basich	Director	2	Director	$0	$0	$0
Matthew Gerics	Director	2	Director	$0	$0	$0
Ellen Redgate	Director	2	Director	$0	$0	$0
James Pjura	Director	2	Director	$0	$0	$0
Albertha Brown	Director	2	Director	$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
2025	$206,250	$170,310	$43,840	$35,940

HOOPS AND DREAMS FOUNDATION INC