Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Gilbert Hoops Club Foundation
990EZ • Fiscal year 2022 • EIN 87-4104292
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.06x
Liabilities / Revenue
63rd percentile
Higher debt load relative to revenue than 63% of similar nonprofits.
Net Margin
55th percentile
Higher net margin than 55% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$9,487
No earlier filing loaded for comparison.
Net Assets
$8,894
No earlier filing loaded for comparison.
Liabilities
$593
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$117,386
No earlier filing loaded for comparison.
Expenses
$108,492
No earlier filing loaded for comparison.
Net Income
$8,894
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 2, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $117,386
Mission and Program Overview
Mission
Our mission is to promote life skill development of youth through basketball by emphasizing self-improvement, teamwork, and most importantly enjoying the process. We also intend to provide this opportunity regardless of level of income. We can do this through our foundation (gilbert hoops club foundation), an irs 501(c)(3) tax-exempt public charity. Ghc hopes to change the life path of youth through basketball in hopes that they pay it forward later in life through service and/or charity work.
Our mission is to promote life skill development of youth through basketball by emphasizing self-improvement, teamwork, and most importantly enjoying the process. We intend to provide this opportunity regardless of income level. The foundation hopes to change the life path of youth through basketball in hopes that they pay it forward later in life through service and/or charity work.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PREPARE YOUTH FOR THE NEXT STAGE OF LIFE THROUGH SPORTS BY LEARNING CONCEPTS OF DELAYED GRATIFICATION, COMMITMENT, TEAMWORK, WINING/LOSING, AND LEARNING HOW TO BE COACHED IN LIFE. KEEPING THEM FOCUSED ON RELATIONSHIPS, PHYSICAL AND MENTAL HEALTH, AND EXPOSURE TO POSITIVE ROLE MODELS. | $0 | $105,803 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JASON E LAKE | Chairman Of The Board | PT | $0 | - | - |
| JARED SUSINI | Treasurer | - | $0 | - | - |
| ADAM BICKERSTAFF | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Gilbert Hoops Club Foundation
- EIN
- 87-4104292
- Phone
- 4809642408
- Address
- 2537 E PAGE CT, GILBERT, AZ 85234
Signing Officer
- Name
- Jason E Lake
- Title
- Chairman of the Board
- Phone
- 4809642408
- Signed
- 2023-11-02
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wallace Plese Dreher Llp
- Address
- 500 N JUNIPER DRIVE SUITE 275, CHANDLER, AZ 85226
- Preparer
- Brandy Ritz CPA
- Phone
- 4803450500
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: advertising & marketing. Amount: 1,600. Description: office expense. Amount: 5,746. Description: insurance. Amount: 1,504. Description: league fees. Amount: 5,353. Description: uniforms. Amount: 17,386. Total to form 990-ez, line 16: 31,589.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: credit cards. Beg. Of year amount: 0. End of year amount: 593.”
Raw XML Appendix147 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JASON E LAKE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4809642408 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2537 E PAGE COURT |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | GILBERT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 85234 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 9487 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 107825 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 8894 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 59765 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 9487 |
| IRS990EZ/GrossReceiptsAmt | 0 | 117386 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 8894 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 8894 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 17076 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 6.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JASON E LAKE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JARED SUSINI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ADAM BICKERSTAFF |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN OF THE BOARD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 31589 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | OUR MISSION IS TO PROMOTE LIFE SKILL DEVELOPMENT OF YOUTH THROUGH BASKETBALL BY EMPHASIZING SELF-IMPROVEMENT, TEAMWORK, AND MOST IMPORTANTLY ENJOYING THE PROCESS. WE INTEND TO PROVIDE THIS OPPORTUNITY REGARDLESS OF INCOME LEVEL. THE FOUNDATION HOPES TO CHANGE THE LIFE PATH OF YOUTH THROUGH BASKETBALL IN HOPES THAT THEY PAY IT FORWARD LATER IN LIFE THROUGH SERVICE AND/OR CHARITY WORK. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 62 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 9561 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PREPARE YOUTH FOR THE NEXT STAGE OF LIFE THROUGH SPORTS BY LEARNING CONCEPTS OF DELAYED GRATIFICATION, COMMITMENT, TEAMWORK, WINING/LOSING, AND LEARNING HOW TO BE COACHED IN LIFE. KEEPING THEM FOCUSED ON RELATIONSHIPS, PHYSICAL AND MENTAL HEALTH, AND EXPOSURE TO POSITIVE ROLE MODELS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 105803 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 593 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 108492 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 105803 |
| IRS990EZ/TotalRevenueAmt | 0 | 117386 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTPS://WWW.GILBERTHOOPSCLUB.ORG/ |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt | 0 | 95000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 95000 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 107825 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 107825 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 9561 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 9561 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 22386 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt | 0 | 95000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 95000 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 117386 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 117386 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 117386 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 117386 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: ADVERTISING & MARKETING. AMOUNT: 1,600. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 5,746. DESCRIPTION: INSURANCE. AMOUNT: 1,504. DESCRIPTION: LEAGUE FEES. AMOUNT: 5,353. DESCRIPTION: UNIFORMS. AMOUNT: 17,386. TOTAL TO FORM 990-EZ, LINE 16: 31,589. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: CREDIT CARDS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 593. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JASON E LAKE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN OF THE BOARD |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4809642408 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-02 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GILBERT HOOPS CLUB FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GILB |
| ReturnHeader/Filer/EIN | 0 | 874104292 |
| ReturnHeader/Filer/PhoneNum | 0 | 4809642408 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2537 E PAGE CT |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GILBERT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 85234 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 860841383 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WALLACE PLESE DREHER LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 500 N JUNIPER DRIVE SUITE 275 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHANDLER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 85226 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4803450500 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-02 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRANDY RITZ CPA |
| ReturnHeader/ReturnTs | 0 | 2023-11-03T14:11:39-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JASON |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | LAKE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $9,487
- Liabilities
- $593
- Net assets
- $8,894
- Revenue
- $117,386
- Expenses
- $108,492
- Net income
- $8,894
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2025Detailed filing. Detailed filing data is available for this year. | $0.27 | $0.00 | $0.27 | $1.08 | $0.88 | $0.19 |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.08 | $0.00 | $0.08 | $0.28 | $0.24 | $0.04 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.09 | $0.01 | $0.09 | $1.17 | $1.08 | $0.09 |