Hv3 Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
YOUTH SPORTS AND AFTER-SCHOOL PROGRAMS ARE BECOMING LESS AFFORDABLE. THE MISSION OF THE HV3 FOUNDATION IS TO INCREASE ACCESS AND INCLUSION FOR ALL YOUTH IN SPORTS THROUGH EDUCATION, ADVOCACY, AND SPORT PROGRAMS, BY SUBSIDIZING AND/OR OPERATING SUCH PROGRAMS FOR INDIVIDUALS WHO CANNOT AFFORD THEM.
- Income
- $756,058
- Spending
- $1.0 million
- Spent on programs
- 53%
- Reserves
- 16.7 months of spending
- Largest source of income
- donations and private grants, 83%
- Employees
- 1
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 63 out of 100. Higher than 24% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 16.7 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 35% of income.
Income trend
0 of 15Income fell 40% on the year before.
Spending floor
8 of 1553% of spending went to programs and raising each dollar of donations cost 29 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 22 out of 100. Higher than 2% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
5 of 250 of 5 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $542,001 spent. WORK WITH SPORTS PROGRAMS TO GRANT YOUTH ACCESS TO SPORTS; DEVELOP AND PROMOTE YOUTH ACCESS TO SPORT CAMPS AND AFTER-SCHOOL PROGRAMS; DISTRIBUTE FUNDS TO VARIOUS ORGANIZATIONS PROMOTING YOUTH SPORTS PROGRAMS
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Hpm Foundation Inc (San Juan, PR), EIN 66-0437924. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.