Hoop Bus INC FY2020 filing

Tax-deductible

Van Nuys, CA501(c)(3)Recreation & SportsEIN 84-4283689Revenue $55K in FY2020

On file with the IRShoopbus.com6910 Hayvenhurst Ave Ste 103, 91406-4633 · Van Nuys, CATax-exempt since Feb 2020Publicly supported — 509(a)(2)

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Hoopbus is rooted in the belief that basketball has the power to transform lives, build bridges, and uplift communities. Our mission is to spread love and build community through basketball, creating unforgettable experiences from local blocks to global cities and bringing the game where it's needed most.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2020 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $99K a year · 10% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$18K
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$55K
Net assets
−$12K
By yearFY2020–FY2024
Revenue
$55K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$55K
FY2021$0
FY2022$681K
FY2023$1.6M
FY2024$1.6M
Expenses
—
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$0
FY2022$694K
FY2023$1.5M
FY2024$1.4M
Net assets
−$12K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$12K
FY2021$21K
FY2022−$9K
FY2023$133K
FY2024$421K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

3 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Nicolas Gaillard’s $78K as Founder & Creative Director is at the 20th percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Dan Moroni—$85,111$33,700$9,000
Nicolas Gaillard$78,000———
Tobias Dimarco$76,985$30,934——
Rosalie Cebreros—$63,347——
Chikako Horii—$39,496$6,322—
Kelly Koski—$24,061——
Kelley Koski———$9,000
Kassandra Cummings—$6,853——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

Spreading love and building community through basketball, bringing the game where it's needed most.

Questions for Hoop Bus INC

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Provided by the organization

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2020 990-EZ, line by line.

1The main four
Money in
$55K
Other income$55K
Owns and owes
−$12K
net assets
Liabilities$18K
People
3
listed
Paid0
2In more detail
Revenue in detail
Other income$55K
Total revenue$55K
Assets in detailEnd of year
Liabilities$18K
Net assets−$12K
Operations
Employees6
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.6M$1.4M$288K$421K 990 PDF
FY2023 $1.6M$1.5M$122K$133K 990 PDF
FY2022 $681K$694K−$13K−$9K 990 PDF
FY2021 $0$0$0$21K 990 PDF
FY2020 Viewing $55K−$12K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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