Hoag Charity Sports
EIN: 452982422 · Irvine, CA · NTEE: E11
| Metric | Value |
|---|---|
| Total Revenue | $8.0M |
| Total Expenses | $4.0M |
| Net Assets | $-980,998 |
Is Hoag Charity Sports Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hoag Charity Sports
Hoag Charity Sports (EIN: 452982422) is a nonprofit organization based in Irvine, CA, classified under NTEE code E11. The organization reported total revenue of $8.0M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hoag Charity Sports's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hoag Charity Sports is a mid-size nonprofit that has been operating for 14 years, with 15 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $4.0M |
| Surplus / Deficit | $-93,775 |
| Total Assets | $4.7M |
| Total Liabilities | $5.6M |
| Net Assets | $-980,998 |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 121.0% |
| Months of Reserves | 14.0 months |
Financial Health Grade: C
In 2023, Hoag Charity Sports reported a deficit of $94K with expenses exceeding revenue, holds 14.0 months of operating reserves (strong position), has a debt-to-asset ratio of 121.0% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.4% | +3.7% | +9.8% |
| 2022 | +8489.3% | +267.0% | +3.6% |
| 2021 | -98.8% | -70.5% | +218.8% |
| 2020 | -6.0% | -11.3% | -71.4% |
| 2019 | -20.2% | -10.3% | +11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hoag Charity Sports has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hoag Charity Sports with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $94K, with expenses exceeding revenue.
- Debt-to-asset ratio: 121.0%.
Frequently Asked Questions about Hoag Charity Sports
Is Hoag Charity Sports a legitimate charity?
Hoag Charity Sports (EIN: 452982422) is a registered tax-exempt nonprofit based in California. It has 15 years of IRS 990 filings on record. Total revenue: $8.0M. No red flags identified. Financial health grade: C.
How does Hoag Charity Sports spend its money?
Hoag Charity Sports reported $8.0M in total revenue in IRS 990 filings. 15 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hoag Charity Sports tax-deductible?
Hoag Charity Sports is registered as a tax-exempt nonprofit (EIN: 452982422). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hoag Charity Sports located?
Hoag Charity Sports is headquartered in Irvine, California and files with the IRS under EIN 452982422. It is classified under NTEE code E11.
How many years of IRS 990 filings does Hoag Charity Sports have?
Hoag Charity Sports has 15 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $8.0M in total revenue.
Filing History
IRS 990 filing history for Hoag Charity Sports showing financial trends over 15 years of public records:
Total assets increased by 466124500% over the same period, from $1 to $4.7M. In its most recent filing year (2023), Hoag Charity Sports reported a deficit of $94K, with expenses exceeding revenue. The organization holds $5.6M in liabilities against $4.7M in assets (debt-to-asset ratio: 121.0%), resulting in net assets of $-980,998.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $4.0M | $4.7M | $5.6M | — | — |
| 2022 | $3.9M | $3.8M | $4.2M | $5.1M | — | View 990 |
| 2021 | $45K | $1.0M | $4.1M | $5.0M | — | View 990 |
| 2020 | $3.7M | $3.6M | $1.3M | $1.2M | — | — |
| 2019 | $3.9M | $4.0M | $4.5M | $4.6M | — | View 990 |
| 2018 | $4.9M | $4.5M | $4.0M | $4.1M | — | View 990 |
| 2017 | $3K | $440K | $4.3M | $4.7M | — | View 990 |
| 2017 | $5.2M | $5.1M | $1.0M | $1.0M | — | View 990 |
| 2016 | $4.8M | $4.4M | $3.5M | $3.6M | — | View 990 |
| 2015 | $92K | $690K | $4.0M | $4.5M | — | View 990 |
| 2014 | $1.2M | $1.6M | $477K | $382K | — | — |
| 2014 | $1.2M | $1.6M | $477K | $382K | — | View 990 |
| 2013 | $2.8M | $2.0M | $1.1M | $548K | — | View 990 |
| 2012 | $0 | $327K | $951K | $1.3M | — | View 990 |
| 2011 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $4.0M, and assets of $4.7M (revenue +0.4% year-over-year).
- 2022: Revenue of $3.9M, expenses of $3.8M, and assets of $4.2M (revenue +8489.3% year-over-year).
- 2021: Revenue of $45K, expenses of $1.0M, and assets of $4.1M (revenue -98.8% year-over-year).
- 2020: Revenue of $3.7M, expenses of $3.6M, and assets of $1.3M (revenue -6.0% year-over-year).
- 2019: Revenue of $3.9M, expenses of $4.0M, and assets of $4.5M (revenue -20.2% year-over-year).
- 2018: Revenue of $4.9M, expenses of $4.5M, and assets of $4.0M (revenue +151918.7% year-over-year).
- 2017: Revenue of $3K, expenses of $440K, and assets of $4.3M (revenue -99.9% year-over-year).
- 2017: Revenue of $5.2M, expenses of $5.1M, and assets of $1.0M (revenue +7.6% year-over-year).
- 2016: Revenue of $4.8M, expenses of $4.4M, and assets of $3.5M (revenue +5125.2% year-over-year).
- 2015: Revenue of $92K, expenses of $690K, and assets of $4.0M (revenue -92.3% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.6M, and assets of $477K (revenue +0.0% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.6M, and assets of $477K (revenue -57.2% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.0M, and assets of $1.1M.
- 2012: Revenue of $0, expenses of $327K, and assets of $951K.
- 2011: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hoag Charity Sports:
Data Sources and Methodology
This transparency report for Hoag Charity Sports is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.