Civic Intelligence

Hoop Bus Inc.

990EZ • Fiscal year 2020 • EIN 84-4283689

Jan 06, 2020 to Dec 31, 2020 • Filed on Sep 25, 2022

705 5th Avenue BVenice, CA 90291

(650) 576-8854

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

3.76x

Higher debt load relative to assets than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

87th percentile

0.33x

Higher debt load relative to revenue than 87% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

20th percentile

-22%

Higher net margin than 20% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$4,893

No earlier filing loaded for comparison.

Net Assets

-$13,485

No earlier filing loaded for comparison.

Liabilities

$18,378

No earlier filing loaded for comparison.

Revenue

$55,379

No earlier filing loaded for comparison.

Expenses

$67,698

No earlier filing loaded for comparison.

Net Income

-$12,319

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2020: $4,893Liabilities 2020: $18,378Net Assets 2020: -$13,4852020Assets 2021: $55,491Liabilities 2021: $34,842Net Assets 2021: $20,6492021Assets 2022: $42,166Liabilities 2022: $51,533Net Assets 2022: -$9,3672022Assets 2023: $181,639Liabilities 2023: $48,846Net Assets 2023: $132,7932023Assets 2024: $467,572Liabilities 2024: $46,885Net Assets 2024: $420,6872024

Highlighted filing

2020

Assets$4,893
Liabilities$18,378
Net Assets-$13,485

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2020: $55,379Expenses 2020: $67,698Net Income 2020: -$12,3192020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $681,249Expenses 2022: $694,382Net Income 2022: -$13,1332022Revenue 2023: $1,630,201Expenses 2023: $1,507,826Net Income 2023: $122,3752023Revenue 2024: $1,641,580Expenses 2024: $1,353,686Net Income 2024: $287,8942024

Highlighted filing

2020

Revenue$55,379
Expenses$67,698
Net Income-$12,319
Jump To
Filing Snapshot
Filing Period
Jan 6, 2020 to Dec 31, 2020
Signed
Sep 25, 2022
Return Version
2020v4.0
Gross Receipts
$55,379
Mission and Program Overview

Mission

To foster a national amature sports competition and provide free transportation

Provide transport for sports

Program Services

DescriptionGrantsExpenses
BOOK THE HOOP BUS HOOP BUS WILL APPEAR AT OTHERS EVENTS FOR PROMOTION AND SUPPORT OF MISSION VISION-$24,298
COURT RENOVATIONS - WE TURN BALL COURTS INTO INSPIRING WORKS OF ART BY INNOVATING WITH LOCAL CONTRACTORS ARTISTS AND OTHER NON PROFITS-$22,168
TOURS - WE TAKE HOOP BUS ON TOUR AROUND THE COUNTRY BRINGING NATIONAL ATTENTION TO OUR METHODS OF EMPOWERMENT THROUGH BASKETBALL-$12,786
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAN MORONIExecutive DirectorFT$0--
NATHANIEL KELLYSecretaryPT$0--
ELIOT ROBINSONCFO-$0--
Filing and Contact Details

Filer

Filer Name
Hoop Bus Inc
EIN
84-4283689
Address
705 5TH AVENUE B, VENICE, CA 90291

Signing Officer

Name
Dan Moroni
Title
Executive Director
Signed
2022-09-25
Discuss with paid preparer
Yes

Preparer

Firm
Untaxers Ltd
Address
552 E CARSON ST 104286, CARSON, CA 90745
Preparer
Penelopy Jordan
Phone
2132057007
Supplemental Narrative

Additional Explanations

Part One Other Expenses

Program expenses other $41618; travel $8932; office and computer supplies $3665

Part Two Total Liabilities

ACCOUNTS PAYABLE

Raw XML Appendix109 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0CHIKAKO HORII
IRS990EZ/BooksInCareOfDetail/PhoneNum06505768854
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0128 N La Peer Dr
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090048
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt055379
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IRS990EZ/GrossReceiptsAmt055379
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAN MORONI
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFO
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt066058
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IRS990EZ/PrintingPublicationsPostageAmt01640
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BOOK THE HOOP BUS HOOP BUS WILL APPEAR AT OTHERS EVENTS FOR PROMOTION AND SUPPORT OF MISSION VISION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1COURT RENOVATIONS - WE TURN BALL COURTS INTO INSPIRING WORKS OF ART BY INNOVATING WITH LOCAL CONTRACTORS ARTISTS AND OTHER NON PROFITS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2TOURS - WE TAKE HOOP BUS ON TOUR AROUND THE COUNTRY BRINGING NATIONAL ATTENTION TO OUR METHODS OF EMPOWERMENT THROUGH BASKETBALL
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt024298
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt122168
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt212786
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt018378
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt067698
IRS990EZ/TotalProgramServiceExpensesAmt059252
IRS990EZ/TotalRevenueAmt055379
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.HOOPBUS.COM
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt040730
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt040730
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt040730
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt040730
IRS990ScheduleA/Total509Grp/TotalAmt040730
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt040730
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt040730
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRAM EXPENSES OTHER $41618; TRAVEL $8932; OFFICE AND COMPUTER SUPPLIES $3665
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART ONE OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART TWO TOTAL LIABILITIES
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0DAN MORONI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOOP BUS INC
ReturnHeader/Filer/BusinessNameControlTxt0HOOP
ReturnHeader/Filer/EIN0844283689
ReturnHeader/Filer/USAddress/AddressLine1Txt0705 5TH AVENUE B
ReturnHeader/Filer/USAddress/CityNm0VENICE
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ReturnHeader/Filer/USAddress/ZIPCd090291
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0831302748
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0552 E CARSON ST 104286
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CARSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090745
ReturnHeader/PreparerPersonGrp/PhoneNum02132057007
ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PENELOPY JORDAN
ReturnHeader/ReturnTs02022-10-10T17:56:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MORONI
ReturnHeader/TaxPeriodBeginDt02020-01-06
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits