Nonprofit · EIN 46-2191716
HOOP SMART BASKETBALL ACADEMY
Tax-exempt (reinstated) · TOLEDO, OH 43623
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $28,156 | $28,707 | -$551 | $0 | – | -$551 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $24,051
- Net income from fundraising events
- $4,105
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $10,726
- Occupancy
- $1,174
- Other expenses
- $16,807
- Program services (functional)
- $7,500
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- –
- Net assets, end of year
- -$551
- Gross receipts
- $28,156
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERRON GILLESPIE | PRESIDENT | 30 | $0 |
| KEENEN FISHER | VICE PRESIDENT | 30 | $0 |
| TJ GILLESPIE | STATUTORY AGENT | 30 | $0 |
| TIA CRAPE | TREASURER | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 4922 CLOVER LN, TOLEDO, OH 43623-3727
- In care of
- % TERRON GILLESPIE
- Mailing address (990-N for 2025)
- 4922 CLOVER, TOLEDO OH 43623
- Principal officer (990-N for 2025)
- TERRON L GILLESPIE, 4922 CLOVER RD, TOLEDO OH 43623
- Signed the 990-EZ
- TERRON L GILLESPIE, PRESIDENT
- Phone
- (567) 686-4481
- Return prepared by
- MOORE & MOORE ASSOCIATES LLC
Mission
TO POSITIVELY IMPACT YOUTH BY USING BASKETBALL AS A PLATFORM FOR COMPETITIVE TRAINING, MEMBERSHIP, LIFE, SKILLS DEVELOPMENT AND MENTAL WELLNESS SUPPORT. DEVELOPING WELL ROUNDED STUDENT ATHLETES AND CONFIDENT COMMUNITY MINDED LEADERS PREPARED FOR SUCCESS IN SPORTS, SCHOOL, AND LIFE.
Program accomplishments
- TO PROVIDE STUDENTS TEAMS WITH ALL THE NECESSARY EQUIPMENT TO HAVE A SUCCESSFUL TOURNAMENT SEASON. THIS INCLUDES TRAVEL FOOD UNIFORMS AND SUPPLIES FOR THE ENTIRE SEASON.Expenses $7,500 · grants $7,500
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 46-2191716
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Youth development (O50)
Revocation and reinstatement
- Exemption revoked
- May 15, 2018
- Posted by the IRS
- August 13, 2018
- Reinstated
- Effective May 15, 2024
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: TERRON L GILLESPIE | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $28,156 | $28,707 | $0 | XML |
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 46-2191716).
Questions about HOOP SMART BASKETBALL ACADEMY
- What is the EIN of HOOP SMART BASKETBALL ACADEMY?
- The employer identification number (EIN) of HOOP SMART BASKETBALL ACADEMY is 46-2191716.
- Is HOOP SMART BASKETBALL ACADEMY tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective May 15, 2024.
- Are donations to HOOP SMART BASKETBALL ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOOP SMART BASKETBALL ACADEMY file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of HOOP SMART BASKETBALL ACADEMY due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOOP SMART BASKETBALL ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of HOOP SMART BASKETBALL ACADEMY?
- The 990-N for 2025 names TERRON L GILLESPIE.
- Who are the officers and directors of HOOP SMART BASKETBALL ACADEMY?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does HOOP SMART BASKETBALL ACADEMY have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $28,156, expenses of $28,707 and total assets of $0 at year end.
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