Sales Squad Foundation Ltd EIN 87-2764751

Sales Squad Foundation Ltd

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Empowers women in business through sales mentoring for greater success. For fiscal year 2025 it reported $337K in revenue, $32K in expenses, and $1.2M in net assets.Pt I

Founded
2021
Type
Public charity (501(c)(3)) · Civil Rights & Advocacy
Location
Carlsbad, CA
Filings
4 on file (2021–2025)
Revenue
$337KFY2025
Expenses
$32K
Net assets
$1.2M
People
3
Filings
4
Updates
0
More identity details & actions ⌄
EIN  87-2764751 Public charity (501(c)(3)) Carlsbad, CA Founded 2021
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers women in business through sales mentoring for greater success.
Leadership
Elizabeth D Meadows · President
Money in and out
$337K revenue, $32K expenses
Bottom line
29% program efficiency
Where the money goes · FY2025
Total revenue
$337K
Pt VIII · Ln 12
Total expenses
$32K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $305K
Where spending went · Part IX cols B–D
Program services $0.29 Management & general $0.71
Program efficiency
29%
of spending reaches programs
Surplus margin
+90%
revenue over expenses, this year▲ +26% vs prior filing year
Revenue trend
+35%
avg. annual growth over 5 years

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$337K
FY2025▲ +92%
Expenses
$32K
FY2025▲ +46%
Total assets
$1.2M
FY2025▲ +405%
Total liabilities
$44K
FY2025▲ +499%
Total revenue
$337K
Pt VIII · Ln 12
Total expenses
$32K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$305K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B29%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

3 program services account for $9K of program spending, described in the organization's own filed words · FY2025.
01

Authored, edited and published an online handbook for women entering the sales field to prepare their expectations. Worked to establish mentorning partnerships to help women graduating form college to find sales positions in industry.

$4Kprogram expense
02

Held two events in Charlotte, NC to increase awareness of the Foundations objective to help women in sales.

$3Kprogram expense
03

Goal was to increase presence by using social media like Instagram. Foundation was able to double its following over the numbers from 2024.

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSales Squad Foundation Ltd
EINHdr · item D87-2764751
Principal addressHdr · item CCarlsbad, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2021
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R24)
Ruling yearIRS BMFJan 2022

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 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Tresurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$337K
Total revenueLn 12$337K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.29 Management & general $0.71
Program services29%$9K
Management & general71%$23K
Total functional expensesLn 25$32K

Balance Sheet

Part X · end of year
CashLn 1$19K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$44K
Total net assetsLn 32$1.2M
Months of cash on handcomputed6.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.2M · Operating expenses (Pt IX) $32K · Less non-cash grants $337K · Cash operating expenses/yr $-305K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $9K · Total expenses $32K
29%
Management & General
Management & general $23K · Total expenses $32K
71%
Fundraising
Fundraising $0 · Total expenses $32K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $337K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $337K · Total revenue $337K
100%
Government reliance
Government grants — · Total revenue $337K
Earned-income share
Program service revenue $0 · Total revenue $337K
0%
Investment reliance
Investment income $0 · Total revenue $337K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $32K
0%
Growth & trend
Revenue growth (YoY)
This year $337K · Prior year $176K
+92%
Revenue CAGR
FY2021 $100K · FY2025 $337K
+35%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $337K · Expenses $32K
+90%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.2M · Total assets $1.2M
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $770K · Other securities (Pt X, ln 12) $439K · Total assets (Pt X, ln 16) $1.2M
98%
People & payroll
Highest Reported Total Compensation
Individual Elizabeth D Meadows · Reported title President · Highest reported compensation $0 · Total expenses $32K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $6K · Total expenses $32K
18%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 29%
Overhead ratio 71%
Revenue growth 92%

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.

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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)$337K revenue · viewing · ⤓ 990 PDF
FY2024not on file
FY2023$176K revenue · ⤓ 990 PDF
FY2022$0 revenue · ⤓ 990 PDF
FY2021$100K 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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