HOOPAZ ONLY BASKETBALL INC
CHICAGO,
Illinois,
60623
EIN: 81-5279197
Recreation, Sports, Leisure, Athletics
MISSION
YOUTH FOUNDATION THAT DOES FREE CAMPS AND EXPOSES KIDS TO OTHER JOBS IN SPORTS.
DEMOGRAPHIC
ADDRESS
3418 W 13TH PL
60623
COUNTY
cook county, IL
IN CARE OF NAME
MARCUS SPENSER
ORGANIZATIONAL OVERVIEW & RANKINGS
HOOPAZ ONLY BASKETBALL INC is a based in CHICAGO, IL, focused on Recreation, Sports, Leisure, Athletics causes , specifically Recreational and Sporting Camps. Established in May 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1.00, this ranks 797,464 among 2,656,690 nonprofits nationally (Top 31%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 33,248 out of 106,037 organizations in IL (Top 32%).
In cook county, IL, the organization ranks 16,113 out of 46,103 nonprofits by assets (Top 35%), while locally in chicago, it stands at 10,610 among 28,197 organizations (Top 38%).
The organization reported no revenue in the most recent filing period, placing it at 674,376 nationally and 27,827 in IL.
Within its specific NTEE classification (N20 - N: Recreation, Sports, Leisure, Athletics), which includes 2,533 similar organizations, HOOPAZ ONLY BASKETBALL INC ranks 885 in assets (Top 35%) and 827 in revenue (Top 32%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2020 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N20: Recreational and Sporting Camps
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Friday, May 15, 2020;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
05/2020
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$1.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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