Friends of Hoop Seattle (EIN 464241747) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

Thomas M Eggers

Phone

3144021729

Tax Period

2024-08-01 to 2025-07-31

Friends of Hoop Seattle, founded in 2013, is a small nonprofit in the Recreation & Sports sector that reported $609K in total revenue in fiscal year 2024. Expenses of $578K left a modest 5% surplus.

Mission

Youth Basketball Program

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $609,480

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $609,480

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,000

Fundraising Expenses $0

Program Expenses $353,217

Other Expenses $495,357

TOTAL EXPENSES $578,357

Year-over-Year Comparison

	2024	2023	Change
Revenue	$609,480	$577,796	+0.1%
Expenses	$578,357	$632,789	-0.1%
Net Income	$31,123	$-54,993	-1.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$83,000

Total Directors

$83,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEREMY EGGERS	President Director	20.00	Officer Director	$48,000	$0	$48,000
THOMAS EGGERS	Secretary Treasurer	20.00	Officer Director	$35,000	$0	$35,000
BRIDGETTE TAKEUCHI	Director	1.00	Director	$0	$0	$0
PAUL CARR	Director	1.00	Director	$0	$0	$0
JEFF JONES	Director	1.00	Director	$0	$0	$0
MITCHELL BELCHER	Director	1.00	Director	$0	$0	$0
KIM FAUST	Director	1.00	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	$609,480	$578,357	$132,312	$31,123
2024	$577,796	$632,789	$106,189	$-54,993
2023	$383,606	$379,417	$82,250	$4,189
2022	$299,695	$285,440	$78,062	$14,255
2021	$184,226	$245,667	$63,808	$-61,441
2020	$301,661	$227,940	$125,247	$73,721
2019	$416,042	$473,288	$51,526	$-57,246

Friends of Hoop Seattle