SLAM FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
SLAM FOUNDATION INC (EIN 47-5277840)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-08
IRS object ID
202443139349302074
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-08T10:10:16-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN204946415PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HLB GRAVIER LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14000 PONCE DE LEON BLVD SUITE 610AddressLine1Txt
CityCORAL GABLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33146ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN475277840EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SLAM FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSLAMBusinessNameControlTxt
Phone3056692906PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16340 SUNSET DRAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33143ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRENE RUIZPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3056692906PhoneNum
Signature2024-11-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLEONARDO D GRAVIERPreparerPersonNm
PTINP00368983PTIN
Phone3054463022PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRENE RUIZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1604 NW 12 STREETAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33136ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$14,359,456GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE MISSION OF THE FOUNDATION IS TO ADVANCE LEARNING OPPORTUNITIES FOR CHILDREN OF ALL WALKS OF LIFE BY CREATING A NATIONAL NETWORK OF SLAM SCHOOLS THAT PREPARE STUDENTS FOR COLLEGE AND FOR SPORTS INDUSTRY CAREERS BEYOND COLLEGE.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,912,035PYContributionsGrantsAmt
CY Contributions Grants$7,289,669CYContributionsGrantsAmt
PY Program Service Revenue$6,436,244PYProgramServiceRevenueAmt
CY Program Service Revenue$6,865,056CYProgramServiceRevenueAmt
PY Investment Income$31,412PYInvestmentIncomeAmt
CY Investment Income$204,731CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$8,379,691PYTotalRevenueAmt
CY Total Revenue$14,359,456CYTotalRevenueAmt
PY Grants And Similar Paid$1,261,485PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$6,596,230CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$113,654PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$417,520CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,593,321PYOtherExpensesAmt
CY Other Expenses$9,446,303CYOtherExpensesAmt
PY Total Expenses$7,968,460PYTotalExpensesAmt
CY Total Expenses$16,460,053CYTotalExpensesAmt
PY Revenues Less Expenses$411,231PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,100,597CYRevenuesLessExpensesAmt
Total Assets BOY$9,185,701TotalAssetsBOYAmt
Total Assets EOY$12,728,728TotalAssetsEOYAmt
Total Liabilities BOY$5,149,412TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,793,036TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,036,289NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,935,692NetAssetsOrFundBalancesEOYAmt
MissionTHE MISSION OF THE FOUNDATION IS TO ADVANCE LEARNING OPPORTUNITIES FOR CHILDREN OF ALL WALKS OF LIFE BY CREATING A NATIONAL NETWORK OF SLAM SCHOOLS THAT PREPARE STUDENTS FOR COLLEGE AND FOR SPORTS INDUSTRY CAREERS BEYOND COLLEGE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$16,403,361ExpenseAmt
Grant$6,596,230GrantAmt
Revenue$7,069,787RevenueAmt
DescSLAM FOUNDATION, INC. SUPPORTS SEVERAL 501(C)(3) EDUCATIONAL ORGANIZATIONS WHICH OPERATE CHARTER SCHOOLS NATIONWIDE. THE SUPPORT THE FOUNDATION PROVIDES HELPS THESE CHARTER SCHOOLS DELIVER ENHANCED EDUCATIONAL SERVICES TO THEIR STUDENTS.Desc
Total Program Service Expenses$16,403,361TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind0Form8899Filedind
Form1098 C Filed0Form1098CFiledInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonTHE ORGANIZATIONPersonNm
Phone3056692906PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16340 SUNSET DRIVEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33143ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RENE RUIZ
SECRETARY, DIRECTOR2.00Yes (X)Yes (X)$0$0$0
JOSEPH ANTHONY MESA
PRESIDENT,CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
ALINA LOPEZ
VICE PRESIDENT, DIRECTOR2.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SCHOOL PROPERTY DEVELOPMENT TAMPA LLC
6457 SUNSET DRMIAMIFL33143RENTAL SERVICES$1,215,000
SCHOOL PROPERTY DEVELOPMENT APOLLO LLC
6457 SUNSET DRMIAMIFL33143RENTAL SERVICES$310,151
ADP TOTAL SOURCE
10200 SUNSET DRIVEMIAMIFL33173PAYROLL$256,520
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Related Organizations$1,050,000RelatedOrganizationsAmt
All Other Contributions$6,239,669AllOtherContributionsAmt
Total Contributions$7,289,669TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FEES: RENTAL INCOME531120$6,778,044$6,778,044
FEES: AFFILIATION FEES611710$87,012$87,012
FieldValueIRS element (for citing)
Total Program Service Revenue$6,865,056TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$204,731TotalRevenueColumnAmt
Related Or Exempt Func Income$204,731RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,359,456TotalRevenueColumnAmt
Related Or Exempt Func Income$7,069,787RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$6,572,230TotalAmt
Program Services$6,572,230ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$24,000TotalAmt
Program Services$24,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$417,520TotalAmt
Program Services$417,520ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$31,281TotalAmt
Program Services$31,281ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$8,001,010TotalAmt
Program Services$8,001,010ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$147,797TotalAmt
Program Services$91,105ProgramServicesAmt
Management And General$56,692ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$31,730TotalAmt
Program Services$31,730ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$15,917TotalAmt
Program Services$15,917ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
RECOVERALE GRANT REPAYM$1,200,000$1,200,000
OTHER ADMIN EXPENSES$7,835$7,835
OTHER SERVICES$5,915$5,915
MISCELLANEOUS EXPENSES$3,000$3,000

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,818TotalAmt
Program Services$1,818ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$16,460,053TotalAmt
Program Services$16,403,361ProgramServicesAmt
Management And General$56,692ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,496,719BOYAmt
EOY$7,842,984EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,218,070BOYAmt
EOY$2,795,167EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,221,410LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$142,580LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,110,560BOYAmt
EOY$1,078,830EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,360,352BOYAmt
EOY$1,011,747EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,185,701BOYAmt
EOY$12,728,728EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,002,444BOYAmt
EOY$10,031,219EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$62,407BOYAmt
EOY$62,407EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,084,561BOYAmt
EOY$699,410EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,149,412BOYAmt
EOY$10,793,036EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$4,036,289BOYAmt
EOY$1,935,692EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,036,289BOYAmt
EOY$1,935,692EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,185,701BOYAmt
EOY$12,728,728EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,100,597ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,032,533CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,252,137CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,890,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,912,035CurrentTaxYearMinus1YearAmt
Current Tax Year$5,112,377CurrentTaxYearAmt
Total$15,199,082TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,003,482CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,859,305CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,560,763CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,274,858CurrentTaxYearMinus1YearAmt
Current Tax Year$6,778,044CurrentTaxYearAmt
Total$24,476,452TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,036,015CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,111,442CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,450,763CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,186,893CurrentTaxYearMinus1YearAmt
Current Tax Year$11,890,421CurrentTaxYearAmt
Total$39,675,534TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,932,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,157,137CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$188,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$911,000CurrentTaxYearMinus1YearAmt
Current Tax Year$3,920,000CurrentTaxYearAmt
Total$11,108,137TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,932,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,157,137CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$188,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$911,000CurrentTaxYearMinus1YearAmt
Current Tax Year$3,920,000CurrentTaxYearAmt
Total$11,108,137TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$28,567,397PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$17,828CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,720CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$260CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$31,412CurrentTaxYearMinus1YearAmt
Current Tax Year$204,731CurrentTaxYearAmt
Total$258,951TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$17,828CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,720CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$260CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$31,412CurrentTaxYearMinus1YearAmt
Current Tax Year$204,731CurrentTaxYearAmt
Total$258,951TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$89,122CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$107,831CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$129,994CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$161,386CurrentTaxYearMinus1YearAmt
Current Tax Year$87,012CurrentTaxYearAmt
Total$575,345TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,142,965CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,223,993CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,581,017CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,379,691CurrentTaxYearMinus1YearAmt
Current Tax Year$12,182,164CurrentTaxYearAmt
Total$40,509,830TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.70520PublicSupportCY509Pct
Investment Income CY0.00640InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART III LINE 15FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION'S PURPOSE IS TO RAISE FUNDS AND PROVIDE RESOURCES TO SUPPORT EDUCATIONAL ENTITIES WHO BRING INNOVATIVE, COLLEGE-PREP, AND SPORTS-ORIENTED K-12 PROGRAMS TO STUDENTS IN UNDERSERVED COMMUNITIES. THE ORGANIZATION ALSO SPEARHEADS INITIATIVES THAT HELP RECRUIT AND RETAIN OUTSTANDING EDUCATORS AND SCHOOL LEADERS FOR SCHOOLS IN UNDERSERVED COMMUNITIES AND THAT HELP FACILITATE THE EXCHANGE OF BEST PRACTICES AND THE PRESENTATION OF HIGH-QUALITY PROFESSIONAL DEVELOPMENT PROGRAMMING FOR SCHOOLS. THESE INITIATIVES ARE DESIGNED TO BENEFIT CHARTER SCHOOL STUDENTS IN UNDERSERVED COMMUNTIES AND AS SUCH ARE FOR THE BENEFIT OF THE GENERAL PUBLIC. THE ORGANIZATION IS CONSTANTLY LOOKING FOR NEW SOURCES OF FUNDING IN ORDER TO EXPAND ITS CURRENT DONOR BASE. IN ADDITION TO PROVIDING DONATION OPTIONS ON ITS MAIN WEBSITE AND OFFERING ADDITIONAL DONATION SOLICITATION MATERIALS AND PROGRAMMING TO THE GENERAL PUBLIC, THE ORGANIZATION IS ALSO SETTING UP PLANS TO RAISE FUNDS FROM THE GENERAL PUBLIC THROUGH ITS NONPROFIT SIRIUSXM SATELLITE RADIO STATION, WHICH REACHES SATELLITE AND ONLINE RADIO AUDIENCES NATIONWIDE AND INTERNATIONALLY. THESE INITIATIVES ARE DESIGNED TO EXPAND THE ORGANIZATION'S FUNDRAISING PROGRAMS FOR UPCOMING TAX YEARS TO INCREASE THE PERCENT OF REVENUES IT RECEIVES FROM THE GENERAL PUBLIC. THE ORGANIZATION IS GOVERNED BY A BOARD OF DIRECTORS OF THREE MEMBERS, NONE OF WHOM ARE RELATED TO EACH OTHER. AS A GROUP, THESE INDIVIDUALS REPRESENT THE BROAD INTEREST OF THE GENERAL PUBLIC.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,221,410OtherCostOrOtherBasisAmt
Depreciation$142,580DepreciationAmt
Book Value$1,078,830BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,078,830TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (6 entries)

DescDescBook ValueBookValueAmt
DUE FROM SLAM FLORIDA$158,200
DUE FROM SLAM INC$463,200
DUE FROM SLAM AZ INC$21,420
DUE FROM SLAM ATLANTA INC$302,329
DUE FROM SLAM NEVADA$66,457
EMPLOYEE LOAN$141
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,011,747TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO SCHOOL DEV. HC FINANCEDesc
Amt$699,410Amt
FieldValueIRS element (for citing)
Total Liability$699,410TotalLiabilityAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
SPORT LEADERSHIP AND MANAGEMENT INC
604 NW 12TH AVEMIAMIFL33136271604001501 (C) (3)$20,266$0TO PROVIDE FINANCIAL SUPPORT TO EDUCATION
SLAM ACADEMY OF ATLANTA INC
6340 SUNSET DRIVEMIAMIFL33143822970378501 (C) (3)$445,000$0TO PROVIDE FINANCIAL SUPPORT TO EDUCATION
SLAM FLORIDA INC
6340 SUNSET DRIVEMIAMIFL33134813860640501 (C) (3)$5,674,042$0TO PROVIDE FINANCIAL SUPPORT TO EDUCATION
SLAM ARIZONA INC
6630 SURREY STLAS VEGASNV89119834686961501 (C) (3)$426,000$0TO PROVIDE FINANCIAL SUPPORT TO EDUCATION
SLAM NEVADA
6630 SURREY STLAS VEGASNV89119811668405501 (C) (3)$5,000$0TO PROVIDE FINANCIAL SUPPORT TO EDUCATION
FieldValueIRS element (for citing)
Total501c3 Org5Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeTUITION REIMBURSEMENTGrantTypeTxt
Recipient9RecipientCnt
Cash Grant$24,000CashGrantAmt
Non Cash AssistanceTO HELP STUDENTS ATTEND COLLEGE WHO ARE HAVING FINANCIAL DIFFICULTIES PAYING FOR TUITION.NonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, SCHEDULE I, PART I, LINE 20FormAndLineReferenceDesc
ExplanationTHE FOUNDATION WORKS CLOSELY WITH THE GRANT RECEIPIENTS TO ENSURE THAT THE FUNDS ARE USED FOR THEIR INTENDED PURPOSESExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION'S BOOKKEEPER ALONG WITH THE CONTRACTED CPA FIRM, WORK TOGETHER TO PREPARE THE RETURN. AFTER PREPARATION, THE RETURN IS REVIEWED BY THE BOARD'S PRESIDENT BEFORE ISSUANCE.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION REQUIRES A RELATED PARTY QUESTIONNAIRE TO BE COMPLETED ANNUALLY BY EACH MEMBER.
FORM 990, PART VI, SECTION C, LINE 18THIS INFORMATION IS AVAILABLE ON WWW.GUIDESTAR.ORG.
FORM 990, PART VI, SECTION C, LINE 19THIS INFORMATION IS AVAILABLE UPON REQUEST.
SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTIONSLAM FOUNDATION, INC 6340 SUNSET DR MIAMI, FL 33143 EIN: 47-5277840 FOR THE YEAR ENDING DECEMBER 31, 2023 SLAM FOUNDATION, INC IS MAKING THE MINIMIS SAFE HABOR ELECTION UNDER REG.SEC.1.263(A)-1(F).
SECTION 1.263(A)-1(N) ELECTIONSLAM FOUNDATION, INC 6340 SUNSET DR MIAMI, FL 33143 EIN: 47-5277840 FOR THE YEAR ENDING DECEMBER 31, 2023 SLAM FOUNDATION, INC IS ELECTING TO CAPITALIZE REPAIRS AND MAINTENANCE COSTS UNDER REG.SEC.1.263(A)-1(N).

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtControlled OrganizationControlledOrganizationInd
SLAM FLORIDA INC
131 MADEIRA AVENUECORAL GABLESFL33134813860640EDUCATIONAL DEVELOPMENTFL501(C)(3)LINE 20
SPORT LEADERSHIP AND MANAGEMENT INC
604 NW 12TH AVEMIAMIFL33136271604001EDUCATIONAL DEVELOPMENTFL501(C)(3)LINE 20
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (8 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
SLAM FLORIDA INC
B$5,674,042FAIR MARKET VALUE
SLAM FLORIDA INC
J$4,739,161FAIR MARKET VALUE
SPORT LEADERSHIP AND MANAGEMENT INC
B$20,266FAIR MARKET VALUE
SPORT LEADERSHIP AND MANAGEMENT INC
J$2,038,883FAIR MARKET VALUE
SLAM FLORIDA INC
D$310,151FAIR MARKET VALUE
SLAM FLORIDA INC
S$208,800FAIR MARKET VALUE
SPORT LEADERSHIP AND MANAGEMENT INC
S$805,000FAIR MARKET VALUE
SLAM FLORIDA INC
C$950,000FAIR MARKET VALUE

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