Freedom Hoops
Every Court. Hope Found. Lives Changed.
Freedom Hoops
EIN: 84-5071290
as of September 2023
as of September 18, 2023
Mission
Cultivating disciples...on the court and 1-on-1. Freedom Hoops, an inner-city basketball ministry, serves Kansas City, Missouri youth and families to follow Jesus and help them express their God-given calling. OUR PORTRAIT OF A GRADUATE OF FREEDOM HOOPS’ YOUTH Courageous Disciples of Jesus Mentally Wise: to articulate the gospel, have a relationship with God, and regularly respects boundaries. Emotionally Equipped: to be self-aware, ask God to meet them with their emotions, listen, and practice empathy. Spiritually Mature: to participate in the life of a church, share their salvation story, and read the Bible and apply it to their life. Vocationally Confident: to courageously pursue their God-given calling in a career.
Ruling year
2020
Principal Officer
Michael Loney
Co Principal Officer
D'Vante Mosby
Main address
PO Box 4074
Overland Park, KS 66204 USA
Formerly known as
4HG Ministries
EIN
84-5071290
Sports and recreation
Youth mentoring
Religion for youth
Youth organizing
Population served
Preteens
Adolescents
Families
Adolescent parents
Grandparents
NTEE code
Youth Development Programs (O50)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
Reports and documents
Download annual reports Download other documentsWhat we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Competitive Basketball Teams
We field competitive basketball teams for boys in middle and high school. Our season typically runs from March through July. We host open gyms and skills sessions in the offseason, and we attend kids' games when they compete for their schools in the winter.
Where we work
External reviews
Photos
Videos
Financials
Revenue vs. expenses: breakdown
Liquidity in 2021 info
0.00
Months of cash in 2021 info
17.7
Fringe rate in 2021 info
8%
Funding sources info
Assets & liabilities info
Financial data
Freedom Hoops
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of Freedom Hoops’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
| Profitability info | 2021 |
|---|---|
| Unrestricted surplus (deficit) before depreciation | $62,391 |
| As % of expenses | 24.6% |
| Unrestricted surplus (deficit) after depreciation | $56,602 |
| As % of expenses | 21.8% |
| Revenue composition info | |
|---|---|
| Total revenue (unrestricted & restricted) | $315,972 |
| Total revenue, % change over prior year | 0.0% |
| Program services revenue | 0.0% |
| Membership dues | 0.0% |
| Investment income | 0.2% |
| Government grants | 0.0% |
| All other grants and contributions | 99.8% |
| Other revenue | 0.0% |
| Expense composition info | |
|---|---|
| Total expenses before depreciation | $253,581 |
| Total expenses, % change over prior year | 0.0% |
| Personnel | 65.9% |
| Professional fees | 3.0% |
| Occupancy | 3.1% |
| Interest | 0.0% |
| Pass-through | 1.2% |
| All other expenses | 26.8% |
| Full cost components (estimated) info | 2021 |
|---|---|
| Total expenses (after depreciation) | $259,370 |
| One month of savings | $21,132 |
| Debt principal payment | $0 |
| Fixed asset additions | $25,349 |
| Total full costs (estimated) | $305,851 |
Capital structure indicators
| Liquidity info | 2021 |
|---|---|
| Months of cash | 17.7 |
| Months of cash and investments | 17.7 |
| Months of estimated liquid unrestricted net assets | 17.7 |
| Balance sheet composition info | 2021 |
|---|---|
| Cash | $374,809 |
| Investments | $0 |
| Receivables | $0 |
| Gross land, buildings, equipment (LBE) | $28,948 |
| Accumulated depreciation (as a % of LBE) | 22.5% |
| Liabilities (as a % of assets) | 0.0% |
| Unrestricted net assets | $0 |
| Temporarily restricted net assets | N/A |
| Permanently restricted net assets | N/A |
| Total restricted net assets | $0 |
| Total net assets | $397,248 |
Key data checks
| Key data checks info | 2021 |
|---|---|
| Material data errors | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Principal Officer
Michael Loney
Michael founded Freedom Hoops in 2014 alongside friend and mentor Kevin Kacy of Freedom Fire. Throughout his career, basketball seemed to promise fulfillment but God used basketball to teach Michael to solely boast in Christ. He has a passion to follow Christ, romance his wife each day, point his sons to Jesus, and to use basketball and the gospel to disciple and transform urban youth to know God.
Co Principal Officer
D'Vante Mosby
D’Vante grew up in the urban core of Kansas City and lived the life many of our young men are facing. Despite a successful career in basketball through high school and college he notes his relationship with God as the key to true fulfillment. He was drawn to the vision of using basketball to capture the hearts of urban youth because that’s how he came to know Jesus himself. He and his wife Morgan enjoy the game and long to see lives changed by Jesus through discipleship.
Number of employees
Source: IRS Form 990
Freedom Hoops
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Freedom Hoops
Board of directorsas of 06/21/2023
Board of directors data
Adam Wittmer
Wittmer Management, LLC
Rachelle Crowe
Lance Albritton
Cam Gentry
Santesa Gentry
Aaron Linn
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