Small Public Charity

HOOPS FOR FRIENDS INC

Based in TORRANCE, CA, HOOPS FOR FRIENDS INC operates as a Small Public Charity. The organization reported $38K in revenue, $25K in expenses, $87K in total assets for fiscal year 2025.

EIN: 954614623 TORRANCE, CA Philanthropy, Voluntarism & Grantmaking Foundations N.E.C. NTEE: T99 Latest filing: 2025
Total Revenue$38K
Total Expenses$25K
Total Assets$87K
Grants Given0
Filing Years2020–2025

Mission

THIS CORPORATION IS A PUBLIC BENEFIT CORPORATION AND IS NOT ORGANIZED FOR THE PRIVATE GAIN OF ANY PERSON. THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO PROMOTE EDUCATION AND MAKE CHARITABLE CONTRIBUTIONS, INCLUDING FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE TAXCODE.

Officers & Directors

PRESIDENT Gerald Morita
SEC / TREAS Jolene Morita

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $38K $25K $87K
2024 $15K $22K $74K
2023 $30K $18K $80K
2022 $27K $33K $69K
2020 $-10K $20K $123K

Between 2020 and 2025, reported annual revenue moved from $-10K to $38K, with total assets most recently reported at $87K.

Interactive year-over-year charts and full filing details available with membership.

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