HOOP BUS INC

🔒

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

2020

Legal Domicile

Principal Officer

TOBIAS DIMARCO

Phone

6505768854

Tax Period

2023-01-01 to 2023-12-31

HOOP BUS INC, founded in 2020, is a community nonprofit in the Recreation & Sports sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 139% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 8% surplus.

Mission

TO BUILD COMMUNITY AND SPREAD LOVE THROUGH BASKETBALL. OUR GOALS ARE BRINGING BASKETBALL WHERE IT'S NEEDED MOST, AMPLIFYING COMMUNITY ENGAGEMENT, BREAKING DOWN SOCIAL BARRIERS, AND INSPIRING KIDS TO BECOME THE BEST VERSIONS OF THEMSELVES.

Program Service Accomplishments

Program 1

HOOP BUS COMMUNITY POP UPS BROUGHT A HOOPBUS HOSTING DEDICATED YOUTH, AND COMMUNITY PROGRAMMING TO MORE THAN 50 CITIES NATIONALLY. HOOP BUS YOUTH CLINICS, TOURNAMENTS, ACTIVATIONS AND EXPERIENCES...

HOOP BUS COMMUNITY POP UPS BROUGHT A HOOPBUS HOSTING DEDICATED YOUTH, AND COMMUNITY PROGRAMMING TO MORE THAN 50 CITIES NATIONALLY. HOOP BUS YOUTH CLINICS, TOURNAMENTS, ACTIVATIONS AND EXPERIENCES REACHED AN ESTIMATED 200,000 ATTENDEES AT NO-COST PARTICIPATION EVENTS.

Program 2

HOOP BUS LAUNCHED THE P.E. TAKEOVER PROGRAM. A FREE-TO-STUDENT WORKSHOP AND ASSEMBLY SERVING 4TH - 12TH GRADE STUDENTS BASED ON AN EVIDENCE-INFORMED SOCIAL EMOTIONAL LEARNING CURRICULUM. IN 2023...

HOOP BUS LAUNCHED THE P.E. TAKEOVER PROGRAM. A FREE-TO-STUDENT WORKSHOP AND ASSEMBLY SERVING 4TH - 12TH GRADE STUDENTS BASED ON AN EVIDENCE-INFORMED SOCIAL EMOTIONAL LEARNING CURRICULUM. IN 2023, HOOP BUS HOSTED THE NATIONAL P.E. TAKEOVER AT 82 SCHOOLS IN 11 CITIES, SERVING AN ESTIMATED 41,000 STUDENTS.

Program 3

HOOP BUS FUNDRAISED TO RENOVATE AND REFURBISH BASKETBALL COURTS IN UNDERSERVED COMMUNITIES IN NASHVILLE, SALT LAKE CITY, SAN DIEGO, AND CHICAGO.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,630,201

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,630,201

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,647

Fundraising Expenses $13,959

Program Expenses $1,245,451

Other Expenses $1,451,179

TOTAL EXPENSES $1,507,826

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,630,201	$681,249	+1.4%
Expenses	$1,507,826	$694,382	+1.2%
Net Income	$122,375	$-13,133	-10.3%

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

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

$164,691

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN MORONI	EXECUTIVE DI	40.00		$85,111	$0	$85,111
TOBIAS DIMARCO	EXECUTIVE DI	40.00	Officer	$30,934	$0	$30,934
ROSALIE CEBREROS	PROGRAMS DIR	40.00	Officer	$63,347	$0	$63,347
KASSANDRA CUMMINGS	PROGRAM COOR	40.00	Officer	$6,853	$0	$6,853
CHIKAKO HORII	ACCOUNTING S	40.00	Officer	$39,496	$0	$39,496
KELLY KOSKI	CREATIVE SER	40.00	Officer	$24,061	$0	$24,061

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	$1,630,201	$1,507,826	$181,639	$122,375
2022	$681,249	$694,382	$42,166	$-13,133
2021	No data	No data	$55,491	No data