Slam Academy Of Atlanta Inc
EIN: 822970378 · Miami, FL · NTEE: B29
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $3.4M |
| Net Assets | $-1,035,944 |
Is Slam Academy Of Atlanta Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Slam Academy Of Atlanta Inc
Slam Academy Of Atlanta Inc (EIN: 822970378) is a nonprofit organization based in Miami, FL, classified under NTEE code B29. The organization reported total revenue of $4.3M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Slam Academy Of Atlanta Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Slam Academy Of Atlanta Inc is a mid-size nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2017–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $3.4M |
| Surplus / Deficit | $-285,588 |
| Total Assets | $8.5M |
| Total Liabilities | $9.5M |
| Net Assets | $-1,035,944 |
| Operating Margin | -9.1% |
| Debt-to-Asset Ratio | 112.2% |
| Months of Reserves | 29.6 months |
Financial Health Grade: C
In 2023, Slam Academy Of Atlanta Inc reported a deficit of $286K with expenses exceeding revenue, holds 29.6 months of operating reserves (strong position), has a debt-to-asset ratio of 112.2% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.8% | +49.0% | +128.9% |
| 2022 | +27.7% | +33.5% | +117.1% |
| 2021 | -0.1% | +33.4% | +193.9% |
| 2019 | +1841.4% | +850.5% | +620.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Slam Academy Of Atlanta Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Slam Academy Of Atlanta Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $286K, with expenses exceeding revenue.
- Debt-to-asset ratio: 112.2%.
Frequently Asked Questions about Slam Academy Of Atlanta Inc
Is Slam Academy Of Atlanta Inc a legitimate charity?
Slam Academy Of Atlanta Inc (EIN: 822970378) is a registered tax-exempt nonprofit based in Florida. It has 6 years of IRS 990 filings on record. Total revenue: $4.3M. No red flags identified. Financial health grade: C.
How does Slam Academy Of Atlanta Inc spend its money?
Slam Academy Of Atlanta Inc reported $4.3M in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Slam Academy Of Atlanta Inc tax-deductible?
Slam Academy Of Atlanta Inc is registered as a tax-exempt nonprofit (EIN: 822970378). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Slam Academy Of Atlanta Inc located?
Slam Academy Of Atlanta Inc is headquartered in Miami, Florida and files with the IRS under EIN 822970378. It is classified under NTEE code B29.
How many years of IRS 990 filings does Slam Academy Of Atlanta Inc have?
Slam Academy Of Atlanta Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.3M in total revenue.
Filing History
IRS 990 filing history for Slam Academy Of Atlanta Inc showing financial trends over 6 years of public records:
Total assets increased by 849256400% over the same period, from $1 to $8.5M. In its most recent filing year (2023), Slam Academy Of Atlanta Inc reported a deficit of $286K, with expenses exceeding revenue. The organization holds $9.5M in liabilities against $8.5M in assets (debt-to-asset ratio: 112.2%), resulting in net assets of $-1,035,944.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.4M | $8.5M | $9.5M | — | View 990 |
| 2022 | $1.9M | $2.3M | $3.7M | $3.9M | — | View 990 |
| 2021 | $1.5M | $1.7M | $1.7M | $1.5M | — | View 990 |
| 2019 | $1.5M | $1.3M | $581K | $427K | — | View 990 |
| 2018 | $78K | $136K | $81K | $139K | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.4M, and assets of $8.5M (revenue +63.8% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.3M, and assets of $3.7M (revenue +27.7% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.7M, and assets of $1.7M (revenue -0.1% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.3M, and assets of $581K (revenue +1841.4% year-over-year).
- 2018: Revenue of $78K, expenses of $136K, and assets of $81K.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Slam Academy Of Atlanta Inc:
Data Sources and Methodology
This transparency report for Slam Academy Of Atlanta Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.