Nonprofit · EIN 36-4918769
HOOPS AND DREAMS FOUNDATION INC
Tax-exempt · BRIDGEPORT, CT 06604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $206,250 | $170,310 | $35,940 | $43,840 | $0 | $43,840 |
| September 30, 2024 | 990-EZ | $108,947 | $132,129 | -$23,182 | $7,900 | $0 | $7,900 |
| September 30, 2023 | 990-EZ | $134,653 | $136,013 | -$1,360 | $31,082 | $0 | $31,082 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $207,585
- of which government grants
- $131,002
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- -$1,335
- Other revenue
- -$1,335
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $130,772
- Salaries, compensation and benefits (total)
- $130,772
- Professional fundraising fees
- $0
- Program services (functional)
- $170,310
Balance sheet and other
- Total assets, start of year
- $7,900
- Total assets, end of year
- $43,840
- Total liabilities, end of year
- $0
- Net assets, end of year
- $43,840
- Net assets without donor restrictions
- $43,840
- Gross unrelated business income
- -$1,335
- Gross receipts
- $219,688
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2018
- State of legal domicile
- CT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Frank Oleynick | Executive Director Trustee or director, Key employee | 40 | $100,200 |
| Reginald Walker | Director Trustee or director | 15 | $1,425 |
| Peter Perillo | Director Trustee or director | 2 | $1,320 |
| Susan Kasper Riccio | Director Trustee or director | 2 | $0 |
| David Basich | Director Trustee or director | 2 | $0 |
| Matthew Gerics | Director Trustee or director | 2 | $0 |
| Ellen Redgate | Director Trustee or director | 2 | $0 |
| James Pjura | Director Trustee or director | 2 | $0 |
| Albertha Brown | Director Trustee or director | 2 | $0 |
990-EZ for the year ended September 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Frank Oleynick | Executive Director | 35 | $97,900 |
| Reginald Walker | Director | 10 | $0 |
| Susan Kasper Riccio | Director | 2 | $0 |
| David Basich | Director | 2 | $0 |
| Matthew Gerics | Director | 2 | $0 |
| Peter Perillo | Director | 2 | $0 |
| Ellen Redgate | Director | 2 | $0 |
990-EZ for the year ended September 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Frank Oleynick | Executive Director | 35 | $74,200 |
| Reginald Walker | Director | 10 | $0 |
| Susan Kasper Riccio | Director | 2 | $0 |
| Peter Turzer | Director | 2 | $0 |
| David Basich | Director | 2 | $0 |
| Matthew Gerics | Director | 2 | $0 |
| Peter Perillo | Director | 2 | $0 |
| Ellen Redgate | Director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1164 BROOKLAWN AVE, BRIDGEPORT, CT 06604-1206
- In care of
- % FRANK OLEYNICK
- Principal officer (990 for 2024)
- Frank Oleynick, 1164 Brooklawn Avenue, Bridgeport, CT 06604
- Signed the 990
- Frank Oleynick, Executive Director
- Phone
- (203) 367-1673
Mission
Our organization's primary purpose is to provide basketball training with instruction on life skills such as educational tips, social skills, career planning, and community involvement and good citizenship.
Program accomplishments
- Basketball camps and life skills coachingExpenses $170,310 · revenue $219,688
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990-EZ on file |
IRS record
- EIN
- 36-4918769
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N62)
- Assets (IRS master file)
- $43,840
- Income (IRS master file)
- $219,688
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $206,250 | $170,310 | $43,840 | XML |
| 990-EZ | September 2024 | $108,947 | $132,129 | $7,900 | XML |
| 990-EZ | September 2023 | $134,653 | $136,013 | $31,082 | XML |
| 990-EZ | September 2022 | – | – | – | IRS |
| 990-EZ | September 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-4918769).
Questions about HOOPS AND DREAMS FOUNDATION INC
- What is the EIN of HOOPS AND DREAMS FOUNDATION INC?
- The employer identification number (EIN) of HOOPS AND DREAMS FOUNDATION INC is 36-4918769.
- Is HOOPS AND DREAMS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to HOOPS AND DREAMS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOOPS AND DREAMS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HOOPS AND DREAMS FOUNDATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOOPS AND DREAMS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of HOOPS AND DREAMS FOUNDATION INC?
- The 990 for the year ended September 30, 2025 names Frank Oleynick.
- Who are the officers and directors of HOOPS AND DREAMS FOUNDATION INC?
- The 990 for the year ended September 30, 2025 lists 9 people; 3 received compensation from the organization, the highest $100,200 (Frank Oleynick, Executive Director).
- How much revenue does HOOPS AND DREAMS FOUNDATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $206,250, expenses of $170,310 and total assets of $43,840 at year end.
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All nonprofits in BRIDGEPORT · Connecticut · Recreation and sports