Civic Intelligence

Gilbert Hoops Club Foundation

990EZ • Fiscal year 2024 • EIN 87-4104292

Jan 01, 2024 to Dec 31, 2024 • Filed on Feb 12, 2025

2537 E Page CTGilbert, AZ 85234

(480) 964-2408

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

32nd percentile

-10%

Faster asset growth than 32% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

10th percentile

-51%

Faster revenue growth than 10% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$7,667

Down $1,820 (-19%) from 2022

Net Assets

Down

$7,651

Down $1,243 (-14%) from 2022

Liabilities

Down

$16

Down $577 (-97%) from 2022

Revenue

Down

$27,755

Down $89,631 (-76%) from 2022

Expenses

Down

$23,819

Down $84,673 (-78%) from 2022

Net Income

Down

$3,936

Down $4,958 (-56%) from 2022

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2022: $9,487Liabilities 2022: $593Net Assets 2022: $8,8942022Assets 2024: $7,667Liabilities 2024: $16Net Assets 2024: $7,6512024Assets 2025: $26,941Liabilities 2025: $0Net Assets 2025: $26,9412025

Highlighted filing

2024

Assets$7,667
Liabilities$16
Net Assets$7,651

Operations Trend

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

$150K$100K$50K$0Revenue 2022: $117,386Expenses 2022: $108,492Net Income 2022: $8,8942022Revenue 2024: $27,755Expenses 2024: $23,819Net Income 2024: $3,9362024Revenue 2025: $107,745Expenses 2025: $88,455Net Income 2025: $19,2902025

Highlighted filing

2024

Revenue$27,755
Expenses$23,819
Net Income$3,936
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 12, 2025
Return Version
2024v5.0
Gross Receipts
$27,755
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

DescriptionGrantsExpenses
PREPARE YOUTH FOR THE NEXT STAGE OF LIFE THROUGH SPORTS BY LEARNING CONCEPTS OF DELAYED GRATIFICATION, COMMITMENT, TEAMWORK, WINNING/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$14,875
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JASON E LAKEChairman Of The BoardPT$0--
JARED SUSINITreasurer-$0--
ADAM BICKERSTAFFSecretary-$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
2025-02-12
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: 450. Description: office expense. Amount: 856. Description: insurance. Amount: 1,370. Description: league fees. Amount: 3,748. Total to form 990-ez, line 16: 6,424.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: credit cards. Beg. Of year amount: 1,842. End of year amount: 16.

Raw XML Appendix163 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GILBERT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN OF THE BOARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt06424
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0OUR 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/ProgramServiceRevenueAmt012755
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PREPARE YOUTH FOR THE NEXT STAGE OF LIFE THROUGH SPORTS BY LEARNING CONCEPTS OF DELAYED GRATIFICATION, COMMITMENT, TEAMWORK, WINNING/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/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt016
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0141296
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ADVERTISING & MARKETING. AMOUNT: 450. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 856. DESCRIPTION: INSURANCE. AMOUNT: 1,370. DESCRIPTION: LEAGUE FEES. AMOUNT: 3,748. TOTAL TO FORM 990-EZ, LINE 16: 6,424.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: CREDIT CARDS. BEG. OF YEAR AMOUNT: 1,842. END OF YEAR AMOUNT: 16.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON E LAKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN OF THE BOARD
ReturnHeader/BusinessOfficerGrp/PhoneNum04809642408
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GILBERT HOOPS CLUB FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GILB
ReturnHeader/Filer/EIN0874104292
ReturnHeader/Filer/PhoneNum04809642408
ReturnHeader/Filer/USAddress/AddressLine1Txt02537 E PAGE CT
ReturnHeader/Filer/USAddress/CityNm0GILBERT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085234
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0860841383
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WALLACE PLESE DREHER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 N JUNIPER DRIVE SUITE 275
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHANDLER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085226
ReturnHeader/PreparerPersonGrp/PhoneNum04803450500
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRANDY RITZ CPA
ReturnHeader/ReturnTs02025-02-14T09:01:44-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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