Skip to main content

Nonprofit · EIN 45-1225430

HOOPS FAMILY FOUNDATION

Tax-exempt · DENVER, CO 80210

Financials

$58K$119K2023$110K$103K2024
Revenue Expenses · by fiscal year end
Financials of HOOPS FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$110,189$103,275$6,914$14,638$0$14,638
December 31, 2023990-PF$57,776$119,438-$61,662$7,724$0$7,724
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$87,000
Dividends
$274
Interest
$38
Net gain from sales of assets
$21,627
Other income
$1,250

Expenses

Grants and similar amounts paid
$101,250
Disbursements for charitable purposes
$101,250
Excise tax on investment income
$294

Balance sheet and other

Total assets, start of year
$7,724
Total assets, end of year
$14,638
Total liabilities, end of year
$0
Net assets, end of year
$14,638
Fair market value of assets
$34,650
Qualifying distributions
$101,250
Net investment income
$23,189

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RICHARD HOOPS
1555 S GRANT ST, DENVER, CO 80210
TREASURER/ S0$0
TRACI HOOPS
8328 VALMONT ROAD, BOULDER, CO 80301
PRESIDENT0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
RICHARD HOOPS
1555 S GRANT ST, DENVER, CO 80210
TREASURER/ S5$0
TRACI HOOPS
8328 VALMONT ROAD, BOULDER, CO 80301
PRESIDENT5$0

Address and contacts

Address (IRS master file)
1555 S GRANT ST, DENVER, CO 80210-2627
Signed the 990-PF
RICHARD HOOPS, TREASURER/ SECRETARY
Phone
(720) 317-6002
Return prepared by
US&CO CERTIFIED PUBLIC ACCOUNTANTS PLLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
45-1225430
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2011
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$14,638
Income (IRS master file)
$113,401

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$110,189$103,275$14,638IRS
990-PFDecember 2023$57,776$119,438$7,724XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 45-1225430).

Questions about HOOPS FAMILY FOUNDATION

What is the EIN of HOOPS FAMILY FOUNDATION?
The employer identification number (EIN) of HOOPS FAMILY FOUNDATION is 45-1225430.
Is HOOPS FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to HOOPS FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HOOPS FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of HOOPS FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOOPS FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of HOOPS FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does HOOPS FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $110,189, expenses of $103,275 and total assets of $14,638 at year end.

Other nonprofits in DENVER

All nonprofits in DENVER · Colorado · Philanthropy, voluntarism and grantmaking foundations