Hoover Athletic Association
EIN: 636055372 · Hoover, AL · NTEE: N99
| Metric | Value |
|---|---|
| Total Revenue | $227K |
| Total Expenses | $182K |
| Net Assets | $301K |
Is Hoover Athletic Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hoover Athletic Association
Hoover Athletic Association (EIN: 636055372) is a nonprofit organization based in Hoover, AL, classified under NTEE code N99. The organization reported total revenue of $227K and total assets of $311K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hoover Athletic Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hoover Athletic Association is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $220K |
| Total Expenses | $182K |
| Surplus / Deficit | +$38K |
| Total Assets | $305K |
| Total Liabilities | $4K |
| Net Assets | $301K |
| Operating Margin | 17.1% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 20.0 months |
Financial Health Grade: A
In 2023, Hoover Athletic Association reported a surplus of $38K with revenue exceeding expenses, holds 20.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Hoover Athletic Association's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.6% | +2.7% | +15.7% |
| 2022 | +35.7% | +28.9% | +28.2% |
| 2021 | +48.6% | +7.3% | +21.1% |
| 2020 | -29.7% | -27.7% | -6.4% |
| 2019 | -24.9% | -18.6% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hoover Athletic Association 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 Hoover Athletic Association 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 surplus of $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Hoover Athletic Association
Is Hoover Athletic Association a legitimate charity?
Hoover Athletic Association (EIN: 636055372) is a registered tax-exempt nonprofit based in Alabama. It has 11 years of IRS 990 filings on record. Total revenue: $227K. No red flags identified. Financial health grade: A.
How does Hoover Athletic Association spend its money?
Hoover Athletic Association reported $227K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hoover Athletic Association tax-deductible?
Hoover Athletic Association is registered as a tax-exempt nonprofit (EIN: 636055372). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hoover Athletic Association located?
Hoover Athletic Association is headquartered in Hoover, Alabama and files with the IRS under EIN 636055372. It is classified under NTEE code N99.
How many years of IRS 990 filings does Hoover Athletic Association have?
Hoover Athletic Association has 11 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 $227K in total revenue.
Filing History
IRS 990 filing history for Hoover Athletic Association showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Hoover Athletic Association's revenue has declined by 34.3%, moving from $335K to $220K. Total assets increased by 56.9% over the same period, from $194K to $305K. Total functional expenses fell by 47.3%, from $346K to $182K. In its most recent filing year (2023), Hoover Athletic Association reported a surplus of $38K, with revenue exceeding expenses. The organization holds $4K in liabilities against $305K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $301K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $220K | $182K | $305K | $4K | — | — |
| 2022 | $235K | $178K | $263K | $0 | — | View 990 |
| 2021 | $174K | $138K | $205K | $0 | — | View 990 |
| 2020 | $117K | $128K | $170K | $0 | — | View 990 |
| 2019 | $166K | $178K | $181K | $0 | — | View 990 |
| 2018 | $221K | $218K | $193K | $0 | — | View 990 |
| 2017 | $285K | $319K | $190K | $0 | — | View 990 |
| 2016 | $361K | $327K | $223K | $0 | — | View 990 |
| 2015 | $298K | $312K | $190K | $0 | — | View 990 |
| 2014 | $305K | $290K | $207K | $3K | — | View 990 |
| 2013 | $335K | $346K | $194K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $220K, expenses of $182K, and assets of $305K (revenue -6.6% year-over-year).
- 2022: Revenue of $235K, expenses of $178K, and assets of $263K (revenue +35.7% year-over-year).
- 2021: Revenue of $174K, expenses of $138K, and assets of $205K (revenue +48.6% year-over-year).
- 2020: Revenue of $117K, expenses of $128K, and assets of $170K (revenue -29.7% year-over-year).
- 2019: Revenue of $166K, expenses of $178K, and assets of $181K (revenue -24.9% year-over-year).
- 2018: Revenue of $221K, expenses of $218K, and assets of $193K (revenue -22.4% year-over-year).
- 2017: Revenue of $285K, expenses of $319K, and assets of $190K (revenue -20.9% year-over-year).
- 2016: Revenue of $361K, expenses of $327K, and assets of $223K (revenue +20.9% year-over-year).
- 2015: Revenue of $298K, expenses of $312K, and assets of $190K (revenue -2.3% year-over-year).
- 2014: Revenue of $305K, expenses of $290K, and assets of $207K (revenue -8.8% year-over-year).
- 2013: Revenue of $335K, expenses of $346K, and assets of $194K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hoover Athletic Association:
Data Sources and Methodology
This transparency report for Hoover Athletic Association 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.