Slam Academy Of Atlanta Inc
- Assets
- $1.7m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 36
- Location
- Miami, FL
- Founding
- 04/2019
- Data as of
- 06/2021
- EIN
- 82-2970378
Organization Overview
Slam Academy Of Atlanta Inc is located in Miami, FL. The organization was established in 2019. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Slam Academy Of Atlanta Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Slam Academy Of Atlanta Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AN ENGAGING CHALLENGING SUPPORTIVE LEARNING ENVIRONMENT TO MOTIVATE STUDENTS TO BE THE BEST THEY CAN BE AND PREPARE FOR SUCCESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES A CHARTER SCHOOL SERVING APPROXIMATELY 90 STUDENTS IN GRADES K-5 IN ATLANTA, GEORGIA. THE SCHOOL PROVIDES RIGOR IN ALL SUBJECT AREAS, PROJECT BASED LEARNING, AND OPPORTUNITIES TO FOSTER GENUINE RELATIONSHIPS AMONG STUDENTS, FAMILIES, AND COMMUNITY MENTORS TO CREATE RICHER LEARNING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Womack Board Chairceo | OfficerTrustee | 1 | $0 |
Pardes Sulaiman CFO | OfficerTrustee | 1 | $0 |
Altrenesha Ervin Secretary | OfficerTrustee | 1 | $0 |
Henry Burkes Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,473,045 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,087 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,506,132 |
| Total Program Service Revenue | $0 |
| Investment income | $58 |
| 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 | $1,506,190 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $671,614 |
| Pension plan accruals and contributions | $295,199 |
| Other employee benefits | $57,939 |
| Payroll taxes | $24,047 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,980 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $137,413 |
| Advertising and promotion | $0 |
| Office expenses | $3,724 |
| Information technology | $24,839 |
| Royalties | $0 |
| Occupancy | $238,288 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,006 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $136,291 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,729,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $431,301 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $105,056 |
| 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 | $750,452 |
| Net Land, buildings, and equipment | $421,802 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,708,611 |
| Accounts payable and accrued expenses | $98,130 |
| 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 | $441,167 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $940,857 |
| Total liabilities | $1,480,154 |
| Net assets without donor restrictions | $228,457 |
| 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 | $1,708,611 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Slam Academy Of Atlanta Inc has recieved totaling $10,005.
| Awarding Organization | Amount |
|---|---|
Slam Foundation Inc Miami, FL PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO EDUCATION | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Foundation For Osceola Education Inc Kissimmee, FL | $17,231,201 | $18,787,939 |
Lake Technical College Inc Eustis, FL | $17,510,446 | $18,253,168 |
Northstar Academies Inc Fort Lauderdale, FL | $8,255,029 | $17,151,740 |
Global Outreach Charter Academys Jacksonville, FL | $28,025,971 | $16,215,591 |
Coastal Plains Education Center Inc Metter, GA | $21,944,449 | $17,839,473 |
National Ben Gamla Charter Schoolfoundation Inc Miami, FL | $11,814,149 | $15,804,589 |
Lincoln Marti Charter Schools Inc Miami, FL | $12,862,040 | $15,316,634 |
Ridgeview Global Studies Academy Inc Davenport, FL | $23,553,699 | $16,444,024 |
Wesley International Academy Inc Atlanta, GA | $9,201,005 | $14,194,787 |
City Of Belle Isle Charter Schools Inc Miami, FL | $12,550,374 | $14,274,361 |
Sarasota Military Academy Inc Sarasota, FL | $22,680,421 | $14,952,313 |
Minneola Charter Schools Inc Minneola, FL | $14,329,481 | $14,463,653 |