SPORTS LEADERSHIP AND MANAGEMENT INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
SPORTS LEADERSHIP AND MANAGEMENT INC (EIN 27-1604001)
Tax period
2021-07-02 to 2021-12-31
Filed
2023-05-04
IRS object ID
202341249349302739
Schema version
2021v4.2
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)
Return2023-05-04T17:12:41-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

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 Line1396 ALHAMBRA CIRCLEAddressLine1Txt
CityCORAL GABLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33134ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-02TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN271604001EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SPORTS LEADERSHIP AND MANAGEMENT INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSPORBusinessNameControlTxt
Phone3056692906PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1604 NW 12TH AVENUEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33135ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRENE RUIZPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone3056692906PhoneNum
Signature2023-05-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRENEPersonFirstNm
Person LastRUIZPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLEONARDO D GRAVIERPreparerPersonNm
PTINP00368983PTIN
Phone3054463022PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRENE RUIZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1998 SW 1ST STREETAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33130ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$29,858,269GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SLAMMIAMI.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE MISSION OF SLAM IS TO PROVIDE AN INNOVATIVE AND IN-DEPTH SECONDARY EDUCATIONAL PROGRAM THAT PRODUCES COLLEGE-BOUND STUDENTS THROUGH EMPHASIS ON SPORTS-RELATED MAJORS AND POSTSECONDARY PREPARATION.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee378TotalEmployeeCnt
Total Volunteers643TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$23,913,270PYContributionsGrantsAmt
CY Contributions Grants$28,930,663CYContributionsGrantsAmt
PY Program Service Revenue$311,813PYProgramServiceRevenueAmt
CY Program Service Revenue$791,501CYProgramServiceRevenueAmt
PY Investment Income$2,956PYInvestmentIncomeAmt
CY Investment Income$3,506CYInvestmentIncomeAmt
PY Other Revenue$35,128PYOtherRevenueAmt
CY Other Revenue$132,599CYOtherRevenueAmt
PY Total Revenue$24,263,167PYTotalRevenueAmt
CY Total Revenue$29,858,269CYTotalRevenueAmt
PY Grants And Similar Paid$270,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$11,613,407PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$14,084,491CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$11,030,234PYOtherExpensesAmt
CY Other Expenses$13,522,553CYOtherExpensesAmt
PY Total Expenses$22,913,641PYTotalExpensesAmt
CY Total Expenses$27,607,044CYTotalExpensesAmt
PY Revenues Less Expenses$1,349,526PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,251,225CYRevenuesLessExpensesAmt
Total Assets BOY$8,902,919TotalAssetsBOYAmt
Total Assets EOY$54,026,728TotalAssetsEOYAmt
Total Liabilities BOY$9,111,715TotalLiabilitiesBOYAmt
Total Liabilities EOY$51,984,299TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$208,796NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,042,429NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSLAM OFFERS MIDDLE AND HIGH SCHOOL STUDENTS OPPORTUNITIES IN CAREER EXPLORATION AND INTERNSHIPS THROUGH CAREER ACADEMIES IN SPORTS MEDICINE, SPORTS BROADCASTING, MEDIA PRODUCTION, SPORTS MARKETING, ENTERTAINMENT, AND MANAGEMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$24,631,058ExpenseAmt
Revenue$927,606RevenueAmt
DescSPORTS LEADERSHIP AND MANAGEMENT CHARTER HIGH SCHOOL (SLAM) COMPLETED THE YEAR SERVING 857 STUDENTS IN GRADES NINE THROUGH TWELVE. SLAM CHARTER MIDDLE SCHOOL COMPLETED ITS NINETH YEAR OF OPERATIONS, SERVING 989 STUDENTS IN GRADES SIX THROUGH EIGHT. SLAM MIDDLE SCHOOL PALM BEACH COMPLETED ITS SIXTH YEAR OF OPERATIONS; SERVING 356 STUDENTS IN GRADES SIX THROUGH EIGHT. SLAM MIDDLE SCHOOL NORTH CAMPUS COMPLETED ITS FIFTH YEAR OF OPERATION SERVING 246 STUDENTS IN THE CITY OF NORTH MIAMI BEACH. SLAM HIGH SCHOOL PALM BEACH COMPLETED THE YEAR SERVING 280 STUDENTS IN GRADES NINE THROUGH TWELVE. SLAM ACADEMY HIGH SCHOOL NORTH CAMPUS COMPLETED THE YEAR SERVING 195 STUDENTS IN GRADES NINE THROUGH TWELVE. THE SCHOOLS BENEFIT FROM PARTNERSHIPS WITH SLAM RADIO ON SIRIUS/XM, THE FIRST AND ONLY STUDENT-MANAGED SATELLITE RADIO STATION IN THE NATION. THROUGH SLAM RADIO, STUDENTS EXPLORE CAREERS IN JOURNALISM AND BROADCAST AND LEARN INDUSTRY "ON THE JOB" SKILLS. SLAM ALSO PROVIDES STUDENTS WITH UNIQUE ACCESS TO CAREER MENTORS AND INTERNSHIPS THROUGH EDUCATIONAL PARTNERSHIPS WITH LOCAL AND NATIONAL SPORTS FRANCHISES SUCH AS MAJOR LEAGUE BASEBALL (MLB), THE NBA, THE MIAMI MARLINS, THE MIAMI HEAT AND OTHERS. AS PART OF THE MATER ACADEMY NETWORK OF HIGH QUALITY CHARTER SCHOOLS, SLAM IS ACCREDITED BY ADVANCED UNDER THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COUNCIL ON ACCREDITATION AND SCHOOL IMPROVEMENT (SACS-CASI) DIVISION.Desc
Total Program Service Expenses$24,631,058TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
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 StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
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 Document58IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee378EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
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
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 Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
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 CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANA MARIA MARTINEZBusinessNameLine1Txt
FieldValueIRS element (for citing)
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 (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
RENE RUIZ
CHAIRMAN, DIRECTOR2.00Yes (X)Yes (X)$0$0$0
JOSEPH ANTHONY MESA III
VICE CHAIR, DIRECTOR, VP2.00Yes (X)Yes (X)$0$0$0
ALINA LOPEZ
SECRETARY, DIRECTOR2.00Yes (X)Yes (X)$0$0$0
CHRISTIAN CROUSILLAT
DIRECTOR2.00Yes (X)$0$0$0
ALEJANDRO TAMARGO
DIRECTOR2.00Yes (X)$0$0$0
REINALDO BRETO
PRINCIPAL40.00$137,708$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$137,708TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ADP
6340 SUNSET DRIVEMIAMIFL33173EMPLOYEE LEASING$12,900,474
MATER ACADEMY FOUNDATION INC
6340 SUNSET DRIVEMIAMIFL33143RENTAL SERVICES$1,423,019
ACADEMICA DADE LLC
6340 SUNSET DRIVEMIAMIFL33143EDUCATIONAL SUPPORT PROVIDER$880,688
SLAM FOUNDATION INC
6340 SUNSET DRIVEMIAMIFL33143RENTAL SERVICES$859,266
IT SAVVY LLC
313 SOUTH ROHLWING ROADADDISONIL60101IT PROVIDER$812,923
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K22CntrctRcvdGreaterThan100KCnt
Government Grants$28,930,663GovernmentGrantsAmt
Total Contributions$28,930,663TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FEES: COMMUNITY SERVICES611710$708,054$708,054
FEES: USAGE FEE611710$52,259$52,259
FEES: LUNCHES611710$31,188$31,188
FieldValueIRS element (for citing)
Total Program Service Revenue$791,501TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,506TotalRevenueColumnAmt
Related Or Exempt Func Income$3,506RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MISCELLANEOUS INCOME611710$74,063$74,063
E-RATE611710$58,536$58,536
FieldValueIRS element (for citing)
Other Revenue Total$132,599OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,858,269TotalRevenueColumnAmt
Related Or Exempt Func Income$927,606RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$11,605,084TotalAmt
Program Services$10,365,129ProgramServicesAmt
Management And General$1,239,955ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$152,177TotalAmt
Program Services$122,448ProgramServicesAmt
Management And General$29,729ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,327,230TotalAmt
Program Services$2,070,441ProgramServicesAmt
Management And General$256,789ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,315,350TotalAmt
Program Services$876,900ProgramServicesAmt
Management And General$438,450ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$105,090TotalAmt
Management And General$105,090ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,235,926TotalAmt
Program Services$1,538,440ProgramServicesAmt
Management And General$697,486ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$22,189TotalAmt
Program Services$22,189ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,856,388TotalAmt
Program Services$4,856,161ProgramServicesAmt
Management And General$227ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,849TotalAmt
Program Services$6,490ProgramServicesAmt
Management And General$359ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$9,298TotalAmt
Program Services$9,298ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$875,642TotalAmt
Program Services$867,917ProgramServicesAmt
Management And General$7,725ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$348,664TotalAmt
Program Services$348,664ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FOOD$515,544$515,544
CLEANING$494,494$494,494
SUPPLIES$413,125$274,417$138,708
ELECTRICITY$376,598$376,598

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,947,396TotalAmt
Program Services$1,885,928ProgramServicesAmt
Management And General$61,468ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$27,607,044TotalAmt
Program Services$24,631,058ProgramServicesAmt
Management And General$2,975,986ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,307,842BOYAmt
EOY$4,918,289EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,970,529BOYAmt
EOY$2,579,029EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$327,700BOYAmt
EOY$227,181EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,576,174LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,002,626LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,274,803BOYAmt
EOY$1,573,548EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$22,045BOYAmt
EOY$44,728,681EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,902,919BOYAmt
EOY$54,026,728EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,622,686BOYAmt
EOY$2,165,413EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$281,347EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$370,642BOYAmt
EOY$74,326EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,118,387BOYAmt
EOY$49,463,213EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$9,111,715BOYAmt
EOY$51,984,299EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$208,796BOYAmt
EOY$1,668,151EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$374,278EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$208,796BOYAmt
EOY$2,042,429EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,902,919BOYAmt
EOY$54,026,728EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,251,225ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,219,466OtherCostOrOtherBasisAmt
Depreciation$886,235DepreciationAmt
Book Value$333,231BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,339,608OtherCostOrOtherBasisAmt
Depreciation$3,111,541DepreciationAmt
Book Value$1,228,067BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$17,100OtherCostOrOtherBasisAmt
Depreciation$4,850DepreciationAmt
Book Value$12,250BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,573,548TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescRIGHT OF USE ASSET- OPERATINGDesc
Book Value$44,728,681BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$44,728,681TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
DUE TO MATER ACADEMY INC$1,140,000
DUE TO SLAM FOUNDATION INC$1,392,600
DUE TO SLAM FLORIDA INC$123,000
OPERATING LEASE LIABILITY$46,807,613
FieldValueIRS element (for citing)
Total Liability$49,463,213TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$29,858,269TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$29,858,269RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$29,858,269TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$27,607,044TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$27,607,044ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$27,607,044TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships Recs0MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3A NON-DISCRIMINATORY STATEMENT IS INCLUDED IN REGISTRATION PACKETS, SCHOOL WEBSITES, EMPLOYEE HANDBOOKS, AND OTHER DISTRIBUTED MATERIALS. FURTHER, THE CHARTER SCHOOL CONTRACT WITH THE LOCAL SCHOOL DISTRICT INCLUDES A NON-DISCRIMINATORY STATEMENT. ADDITIONALLY, A PUBLIC NOTICE IS PUBLISHED EACH YEAR, FOR THE LUNCH PROGRAM ON LOCAL NEWSPAPERS AND TV STATIONS.
SCHEDULE E, PART I, LINE 4THE SCHOOL DOES NOT OFFER SCHOLARSHIPS AND/OR FINANCIAL ASSISTANCE TO ANY STUDENT.
SCHEDULE E, PART I, LINE 6THE SCHOOLS MAY RECEIVE SUPPORT FROM FEDERAL, STATE, AND COUNTY GRANTS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3ACADEMICA DADE LLC AND ACADEMICA BROWARD LLC, BOTH EDUCATIONAL SERVICE AND SUPPORT PROVIDER COMPANIES, PROVIDE PROFESSIONAL SERVICES AND RELATED SUPPORT TO CHARTER SCHOOLS, INCLUDING, BUT NOT LIMITED TO, ACADEMIC SUPPORT, FACILITY DEVELOPMENT AND COMPLIANCE, HUMAN RESOURCE AND PAYROLL COORDINATION, REGULATORY COMPLIANCE, LEGAL AND CORPORATE UPKEEP, BOOKKEEPING AND ACCOUNTING, BUDGETING, AND FINANCIAL REPORTING.
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION REVIEWS THE CONTENTS OF THE FORM 990 BEFORE SUBMITTING TO THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION REQUIRES THAT ALL OFFICERS AND/OR DIRECTORS DISCLOSE ANY ACTIVITY THAT MAY BE A CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15DURING THE DETERMINATION OF COMPENSATION FOR OFFICERS AND KEY EMPLOYEES, THE ORGANIZATION REVIEWS THE OFFICER'S CONTRACT, BUDGET, AND PERFORMANCE.
FORM 990, PART VI, SECTION C, LINE 19THIS INFORMATION IS AVAILABLE TO THE GENERAL PUBLIC VIA WWW.GUIDESTAR.ORG.
SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTIONSPORTS LEADERSHIP AND MANAGEMENT, INC 604 NW 12 TH AVENUE MIAMI, FL 33135 EMPLOYER IDENTIFICATION NUMBER: 27-1604001 FOR THE YEAR ENDING JUNE 30TH, 2022 SPORTS LEADERSHIP AND MANAGEMENT, INC IS MAKING THE DEMINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
SECTION 1.263(A)-3(N) ELECTIONSPORTS LEADERSHIP AND MANAGEMENT, INC 604 NW 12 TH AVENUE MIAMI, FL 33135 EMPLOYER IDENTIFICATION NUMBER: 27-1604001 FOR THE YEAR ENDING JUNE 30TH, 2022 SPORTS LEADERSHIP AND MANAGEMENT, INC IS ELECTING TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER REG. SEC. 1.263(A)-3(N).
FORM 1128 AND YEAR-END EXPLANATIONWE ARE WRITING THIS LETTER TO EXPLAIN THE REASON FOR FILING FORM 1128; APPLICATION TO ADOPT, CHANGE, OR RETAIN A TAX YEAR. WE COULD NOT ATTACH TORM 1128 BECAUSE THE SYSTEM DOES NOT LET US TO E-FILE THE TAX RETURN WITH THE ATTACHMENT; HOWEVER, WE SENT BY CERTIFIED MAIL.THE TAXPAYER, SPORTS LEADERSHIP AND MANAGEMENT, INC., ATTEMPTED TO ELECTRONICALLY FILE FORM 990 FOR THE FISCAL YEAR ENDING JUNE 30, 2022, HOWEVER THE RETURN WAS REJECTED. THE REJECTION MESSAGE STATED THAT THE TAX PERIOD ENDING DATE MUST MATCH THE DATA IN THE E-FILE DATABASE UNLESS ONE OF THE FOLLOWING IS TRUE: 1. "FINAL RETURN/TERMINATED CHECKBOX IS CHECKED OR 2. "INITIAL RETURN" CHECKBOX IS CHECKED. THE TAX RETURN BEING FILED IS NEITHER A FINAL NOR INITIAL RETURN, WHICH RESULTED IN HAVING TO REACH OUT TO THE EXEMPT ORGANIZATIONS TAX LAW DEPARTMENT. WE SPOKE TO AGENT 1001866413 WHO EXPLAINED THAT UPON RETROACTIVELY REINSTATING THE ORGANIZATION'S TAX-EXEMPT STATUS IN JANUARY OF 2023 THE ACCOUNTING PERIOD ENDING DATE WAS ENTERED AS DECEMBER 31. ACCORDING TO THE AGENT, THIS IS APPEARING AS A CHANGE IN ACCOUNTING PERIOD ON THE TAXPAYER'S ACCOUNT, HOWEVER, THIS ACCOUNTING PERIOD IS INCORRECT. WE WERE INFORMED THAT A COMPLETED FORM 1128 IS REQUIRED TO REQUEST APPROVAL TO CHANGE THE ACCOUNTING PERIOD TO A FISCAL YEAR ENDING JUNE 30, WHICH THE TAXPAYER HAS BEEN USING AS IT YEAR END SINCE INCEPTION. AS SUCH WE COMPLETED AND MAILED THE FORM 1128. UNFORTUNATELY, DUE TO THE TIME NECESSARY TO PROCESS THE FORM WE ARE UNABLE TO AWAIT APPROVAL BEFORE FILING THE FORM 990. IN CONCLUSION TAXPAYER IS FILING FORM 990 MARKED AS A SHORT YEAR RETURN (ALTHOUGH IT IS FOR A FULL FISCAL YEAR JULY 1, 2021 TO JUNE 30, 2022) IN ORDER FOR IT TO GET ACCEPTED BY THE ELECTRONIC FILING SYSTEM.
DECEMBER 31, 2021 YEAR END EXPLANATIONTHE TAXPAYER IS FILING THIS FORM 990 FOR THE PERIOD JULY 1 2021 TO JUNE 30 2022, HOWEVER, PAGE 1 OF THE RETURN STATES THE PERIOD AS JULY 1 2021 TO DECEMBER 31, 2021. THE REASON FOR THIS INCONSISTENCY IS DUE TO AN ERROR IN THE TAXPAYER'S YEAR-END AS REFLECTED IN THE IRS RECORDS. PLEASE SEE SCHEDULE O FORM 1128 AND YEAR-END EXPLANATION FOR FURTHER DETAILS.

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 FOUNDATION INC
6340 SUNSET DRIVEMIAMIFL33143475277840EDUCATIONAL SERVICESFL501(C)(3)LINE 70
SLAM FLORIDA INC
6340 SUNSET DRIVEMIAMIFL33143813860640EDUCATIONAL SERVICESFL501(C)(3)LINE 20
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
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 OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
SLAM FOUNDATION INC
K$708,610CASH
SLAM FOUNDATION INC
R$240,000CASH
SLAM FLORIDA INC
E$137,600CASH

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.