Hoopswood
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The purpose of HOOPSWood is to foster and develop the sport of basketball in a manner that is charitable educational and in line with the Alabama Nonprofit Corporation Act.
- Income
- $77,495
- Spending
- $71,047
- Reserves
- 1.1 months of spending
- Largest source of income
- fees for its services, 99%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, 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)
- $59,000 spent. Program Service #1: Youth Basketball Leagues Developmental and Competitive HoopsWood launched in 2024 to provide accessible skill-building basketball opportunities for youth in the local community. The organization operated both developmental and competitive 5-on-5 basketball leagues for boys and girls in grades 1 through 8. These leagues helped youth develop teamwork discipline and sportsmanship while promoting physical activity. In its first year HoopsWood served over 100 participants across both formats offering weekly games and skill-building sessions led by volunteer coaches.Program Service #2: 3-on-3 Youth Basketball League In addition to traditional leagues HoopsWood facilitated a structured 3-on-3 basketball league to provide an alternative format focused on agility quick decision-making and foundational gameplay. This program served approximately 100 children and provided a flexible yet competitive environment for youth of varying skill levels to participate in the game of basketball.Program Service #3: Youth Basketball Skills Camps HoopsWood hosted basketball skills camps designed to teach fundamental techniques such as dribbling passing shooting and defensive positioning. Camps were open to boys and girls from 1st through 8th grade and focused on providing a positive inclusive environment for personal development and confidence building. Over 175 youth attended these camps during 2024.
Source: Form 990EZ for the year ending December 31, 2024, 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 October 13, 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 November 6, 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 October 13, 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 October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.