Slam Educational Fund EIN 27-4899218 Form 990 (PDF) Claim this org

Slam Educational Fund

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Provides workshops and classes for personal growth and community development. For fiscal year 2025 it reported $197K in revenue, $161K in expenses, and $91K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Del Mar, CA
Filings
6 on file (2020–2025)
Revenue
$197KFY2025
Expenses
$161K
Net assets
$91K
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  27-4899218 Public charity (501(c)(3)) Del Mar, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides workshops and classes for personal growth and community development.
Leadership
Aurora Hussanein · Secretary
Money in and out
$197K revenue, $161K expenses
Bottom line
99% program efficiency
Where the money goes · FY2025
Total revenue
$197K
Pt VIII · Ln 12
Total expenses
$161K
Pt IX · Ln 25
Net assets
$91K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $36K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs-0.4% vs prior filing year
Operating runway
6.8mo
months of highly liquid reserves at operating expense rate▲ +240% vs prior filing year
Surplus margin
+18%
revenue over expenses, this year▲ +485% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$197K
FY2025▼ -39%
Expenses
$161K
FY2025▼ -52%
Total assets
$91K
FY2025▲ +66%
Total liabilities
$0
FY2025
Total revenue
$197K
Pt VIII · Ln 12
Total expenses
$161K
Pt IX · Ln 25
Net assets
$91K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$36K
Total assetsPt X · Ln 16$91K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSlam Educational Fund
EINHdr · item D27-4899218
Principal addressHdr · item CDel Mar, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B11)
Ruling yearIRS BMFOct 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Slam Educational Fund executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $160K of program spending, described in the organization's own filed words · FY2025.
01

offer educational, cultural, religious, personal development activities for children, youth, adults to help improve the quality of their lives provide workshops and classes develop collaborate with local community organizations

$160Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$197K
Total revenueLn 12$197K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$160K
Management & general1%$1K
Total functional expensesLn 25$161K

Balance Sheet

Part X · end of year
CashLn 1$91K
Total assetsLn 16$91K
Total liabilitiesLn 26$0
Total net assetsLn 32$91K
Months of cash on handcomputed6.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $91K · Operating expenses/yr $161K
6.8 months
Where the money goes
Program services
Program services $160K · Total expenses $161K
99%
Management & General
Management & general $1K · Total expenses $161K
0.8%
Fundraising
Fundraising $0 · Total expenses $161K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $259K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $197K · Total revenue $197K
100%
Government reliance
Government grants — · Total revenue $197K
Earned-income share
Program service revenue $0 · Total revenue $197K
0%
Investment reliance
Investment income $0 · Total revenue $197K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $161K
0%
Growth & trend
Revenue growth (YoY)
This year $197K · Prior year $321K
-39%
Revenue CAGR
FY2020 $264K · FY2025 $197K
-6%
Net-asset trend (YoY)
End of year $91K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $197K · Expenses $161K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $91K
Net-asset ratio
Net assets $91K · Total assets $91K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $91K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Aurora Hussanein · Reported title Secretary · Highest reported compensation $0 · Total expenses $161K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $161K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 0.8%
Fundraising cost ratio 0%
Revenue growth -39%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$24K
Grants paid · 24 grants · $903K · 2020–2025
Islamic Center of San DiegoCA · FY2025$55,000
Islamic Center of San DiegoCA · FY2025$21,600
Bright Horizon AcademyCA · FY2025$10,000
Islamic Center of BajaCA · FY2025$7,000
California Northstate UniversityFY2024$91,205
Islamic Center of San DiegoCA · FY2024$60,000
Bright Horizon AcademyCA · FY2024$23,648
California North UniversityFY2022$106,661
Islamic Center of San DiegoCA · FY2022$26,250
Islamic Center of San DiegoCA · FY2022$7,300
Islamic Relief USAVA · FY2022$6,000
California North UniversityFY2021$90,668
See all 24 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$197K revenue · viewing · ⤓ 990 PDF
FY2024$321K revenue · ⤓ 990 PDF
FY2023$148K revenue · ⤓ 990 PDF
FY2022$300K revenue · ⤓ 990 PDF
FY2021$213K revenue · ⤓ 990 PDF
FY2020$264K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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