MISSION
The Mission of Hoopfest Basketball Inc. is to provide families with children that have reading disabilities encouragement and life-changing experiences and to be a voice of motivation, empowerment, and encouragement to inner city athletes.
DEMOGRAPHIC
ADDRESS
1717 MCKINNEY AVE STE 700
75202
COUNTY
dallas county, TX
IN CARE OF NAME
GLENN SMITH
ORGANIZATIONAL OVERVIEW & RANKINGS
HOOPFEST BASKETBALL INC is a based in DALLAS, TX, focused on Recreation, Sports, Leisure, Athletics causes , specifically Basketball. Established in September 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,412,887 among 2,656,690 nonprofits nationally (Top 91%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 194,548 out of 202,022 organizations in TX (Top 97%).
In dallas county, TX, the organization ranks 24,296 out of 26,443 nonprofits by assets (Top 92%), while locally in dallas, it stands at 16,399 among 16,539 organizations (Top 100%).
The organization reported no revenue in the most recent filing period, placing it at 2,162,954 nationally and 172,102 in TX.
Within its specific NTEE classification (N62 - N: Recreation, Sports, Leisure, Athletics), which includes 5,574 similar organizations, HOOPFEST BASKETBALL INC ranks 4,896 in assets (Top 88%) and 4,841 in revenue (Top 87%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .
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
N62: Basketball
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: Saturday, May 15, 2021;
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
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2018
ASSET CODE
N/A
ASSET AMOUNT
$0.00
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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