Nonprofit · EIN 88-0850979
HOOPS WORLD INC
Tax-exempt · WAXHAW, NC 28173
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $12,835 | $11,600 | $1,235 | $1,985 | $0 | $1,985 |
| December 31, 2024 | 990-PF | $9,420 | $9,670 | -$250 | $750 | $0 | $750 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Other income
- $12,835
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $3,000
- Salaries, compensation and benefits (total)
- $5,800
Balance sheet and other
- Total assets, start of year
- $750
- Total assets, end of year
- $1,985
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,985
- Fair market value of assets
- $1,985
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steve Lenahan 3037 Arsdale Rd, Waxhaw, NC 28173 | Executive Director | 40 | $2,000 |
| Sandy Lenahan 3037 Arsdale Rd, Waxhaw, NC 28173 | Treasurer | 10 | $1,000 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steve Lenahan 3037 Arsdale Rd, Waxhaw, NC 28173 | Executive Director | 40 | $1,400 |
| Sandy Lenahan 3037 Arsdale Rd, Waxhaw, NC 28173 | Treasurer | 10 | $600 |
Address and contacts
- Address (IRS master file)
- 3037 ARSDALE RD, WAXHAW, NC 28173-7151
- In care of
- % STEVE LENAHAN
- Signed the 990-PF
- Steve Cory Lenahan, Executive Director
- Phone
- (770) 853-9251
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 88-0850979
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Recreation and sports (N20)
- Assets (IRS master file)
- $1,985
- Income (IRS master file)
- $12,835
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $12,835 | $11,600 | $1,985 | XML |
| 990-PF | December 2024 | $9,420 | $9,670 | $750 | XML |
| 990-PF | December 2023 | $9,500 | $8,500 | $1,000 | 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 88-0850979).
Questions about HOOPS WORLD INC
- What is the EIN of HOOPS WORLD INC?
- The employer identification number (EIN) of HOOPS WORLD INC is 88-0850979.
- Is HOOPS WORLD INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to HOOPS WORLD INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HOOPS WORLD INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HOOPS WORLD INC 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 HOOPS WORLD INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of HOOPS WORLD INC?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 2 received compensation from the organization, the highest $2,000 (Steve Lenahan, Executive Director).
- How much revenue does HOOPS WORLD INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $12,835, expenses of $11,600 and total assets of $1,985 at year end.
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All nonprofits in WAXHAW · North Carolina · Recreation and sports