Grand Slam Foundation Inc
- Assets
- $112.1k
- Revenue
- $201.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Bronx, NY
- Founding
- 05/2011
- Data as of
- 12/2020
- EIN
- 27-1822546
Organization Overview
Grand Slam Foundation Inc is located in Bronx, NY. The organization was established in 2011. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Slam Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Grand Slam Foundation Inc generated $201.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $274.6k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE CITY YOUNGSTER THE OPPORTUNITIES TO SHOW SKILLS, ABILITIES AND TALENT TO OTHERS BY PARTICIPATING IN LOCAL, STATE AND INTRNTL SPORT TOURNAMENTS, ALSO TO FOCUS ON COMBATING OBESITY IN YOUTH WITH EXERCISES
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRAND SLAM FOUNDATION ACHIEVMENT ARE AS FOLLOW GRAND SLAM BASEBALL TOURNAMENT, SUMMER CAMP, BATTLING CAGES PRACTICES AND CONTESTS, EDUCATION SEMINAR TOUGHT BY EXPERTS IN THEIR FIELD MORE THAN 300 YOUNGTERS WERE BENEFITING FROM SERVICES, WE KEEP THEM BUSY OUT OF THE STREET IN A HEALTHY AND ENJOYABLEENVIRONMENT.
GRAND SLAM FOUNDATION ACHIEVMENT ARE AS FOLLOW GRAND SLAM BASEBALL TOURNAMENT, SUMMER CAMP, BATTLING CAGES PRACTICES AND CONTESTS, EDUCATION SEMINAR TOUGHT BY EXPERTS IN THEIR FIELD MORE THAN 300 YOUNGTERS WERE BENEFITING FROM SERVICES, WE KEEP THEM BUSY OUT OF THE STREET IN A HEALTHY AND ENJOYABLEENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Belkis Lora President | OfficerTrustee | 40 | $76,980 |
Kedwin Ortiz Executive Financial Officer | OfficerTrustee | 20 | $0 |
Yessenia Ducasse Chair Of The Board | OfficerTrustee | 25 | $0 |
Sugey Morban Treasurer | OfficerTrustee | 25 | $0 |
Wilson Gutierrez Vice President | Trustee | 15 | $0 |
Juan Valerio Filed Supervisor | Trustee | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,500 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,500 |
| Total Program Service Revenue | $188,931 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $201,431 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $76,980 |
| Compensation of current officers, directors, key employees. | $15,396 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,046 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,268 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $92,836 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,145 |
| All other expenses | $15,073 |
| Total functional expenses | $274,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,204 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,900 |
| Total assets | $112,104 |
| Accounts payable and accrued expenses | $46,905 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $127,400 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $174,305 |
| Net assets without donor restrictions | -$62,201 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $112,104 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Grand Slam Foundation Inc has recieved totaling $2,605.
| Awarding Organization | Amount |
|---|---|
The New Yankee Stadium Community Benefits Fund Inc Bronx, NY PURPOSE: SPORTING GOODS | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $105 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Major League Baseball Youth Foundation New York, NY | $13,010,715 | $5,223,219 |
Baldwin Emergency Medical Service Pittsburgh, PA | $3,805,310 | $3,984,374 |
Babe Ruth League Inc Hamilton, NJ | $13,342,354 | $4,098,031 |
Pittsburgh Three Rivers Marathon Inc Pittsburgh, PA | $3,549,532 | $3,806,189 |
The Baseball Inc Roxbury, MA | $2,393,613 | $3,601,318 |
South Shore Conference Inc Brockton, MA | $586,896 | $3,264,192 |
Mlb-Mlbpa Youth Development Foundation New York, NY | $18,472,845 | $3,947,682 |
Pitch In For Baseball Harleysville, PA | $4,184,425 | $3,556,948 |
303 Development Foundation Corp Staten Island, NY | $4,791,074 | $2,443,003 |
Cape Cod Baseball League Inc Cotuit, MA | $1,513,304 | $724,156 |
Pony Baseball Inc Washington, PA | $2,680,551 | $1,084,013 |
Little League Baseball Inc Melville, NY | $110,455 | $755,010 |