SUPREME HOOPS

EIN: 883482778 501(c)(3)

LINCOLN, NE

Total Revenue
$494,527
Total Expenses
$592,164
Total Assets
N/A
Net Assets
N/A
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
NE
Principal Officer
BRIAN WILLET
Phone
4024292572
Tax Period
2024-01-01 to 2024-12-31

SUPREME HOOPS, founded in 2022, is a small nonprofit that reported $495K in total revenue in fiscal year 2024. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $592K exceeded revenue, resulting in a 20% operating deficit.

Mission

SUPREME HOOPS MISSION IS TO IMPROVE YOUTH COMMUNITY ACTIVITIES BY FACILITATING OUR STEP BY STEP EVENT PROCESS, MARKETING, REGISTRATIONS, AND PROPRIETARY BRACKETING SERVICES TO SUPPORT STRUCTURED, ELITE COMMUNITY BASKETBALL EVENTS. SUPREME HOOPS BELIEVES IN RALLYING OTHERS AROUND THE EVENTS, THEREFORE WE SET UP RELATIONSHIPS WITH LOCAL BASKETBALL CLUB ORGANIZATIONS WHO ARE THE EVENT STAFFING OPERATOR OF EACH EVENT. SUPREME HOOPS SECONDARY MISSION IS TO FINANCIALLY SUPPORT PLAYERS IN NEED OF FINANCIAL AID TO PLAY CLUB BASKETBALL AND SUPPORT CLUBS IN NEED OF FINANCIAL AID TO GET INVOLVED IN ORGANIZED BASKETBALL EVENTS TO IMPROVE THE QUALITY OF LIFE FOR YOUTH IN THEIR LOCAL COMMUNITY.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $494,446
Investment Income $0
Other Revenue $81
TOTAL REVENUE $494,527

Expense Breakdown

Grants Paid $139,469
Salaries & Benefits $22,392
Fundraising Expenses $0
Program Expenses $587,534
Other Expenses $430,303
TOTAL EXPENSES $592,164

Year-over-Year Comparison

2024 2023 Change
Revenue $494,527 $1,401,723 -0.6%
Expenses $592,164 $1,314,685 -0.5%
Net Income $-97,637 $87,038 -2.1%
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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
2
Volunteers
5

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW CUMRO VICE PRESIDENT/TREASURER 1.00
Officer Director
$0 $0 $0
ANTHONY HARMS SECRETARY 1.00
Officer Director
$0 $0 $0
BRIAN WILLET PRESIDENT 2.00
Officer Director
$0 $0 $0
TYLER VAUDT DIRECTOR 1.00
Director
$0 $0 $0
MATT REILING 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
2024 $494,527 $592,164 No data $-97,637
2023 $1,401,723 $1,314,685 $335,412 $87,038
2022 $258,143 $247,544 $86,609 $10,599
Explore More Nonprofits
Top 100 Nonprofits in Nebraska Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SUPREME HOOPS with other nonprofits in Nebraska and across the country.