Liabilities / Assets
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
7th percentile
Faster asset growth than 7% of similar nonprofits.
Revenue Growth
35th percentile
Faster revenue growth than 35% of similar nonprofits.
Balance Sheet
Assets
Down$15,515
Down $20,281 (-57%) from 2019
Net Assets
Down$15,515
Down $20,281 (-57%) from 2019
Liabilities
Flat$0
Flat from 2019
Revenue And Expenses
Revenue
Down$83,609
Down $38,171 (-31%) from 2019
Expenses
Down$103,890
Down $58,265 (-36%) from 2019
Net Income
Up-$20,281
Up $20,094 (+50%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Feb 9, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $86,778
Mission and Program Overview
Mission
Provide skills camp for basketball fundamentals from kindergarten through 8th grades.
To provide basketball skill development to youth and provide opportunities for youth to compete in programs they would normally not be financially capable of attending.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| HOSTED A FREE CLINIC FOR BOYS AGES 11-14 WITH MANY FROM LOW INCOME NEIGHBORHOODS IN ATTENDANCE | $0 | $0 |
| RECEIVED A COMMITTMENT FOR OUR MAJOR DONOR THIS FISCAL YEAR | $0 | $0 |
| ESTABLISHED A TENTATIVE AGREEMENT WITH A LOCAL PRIVATE HIGH SCHOOL TO UTILIZE THEIR ATHLETIC AND CLASSROOM FACILITIES TO FURTHER OUR PROGRAMS. MAY POSSIBLY HAVE THEIR HONOR STUDENTS ACT AS TUTORS FOR THE YOUNGER CHILDREN WHO PARTICIPATE IN OUR TEAMS WHEN THEY ARE FORMED. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| VIGGEN RASSAM | President | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Fundamentals First Academy Inc
- EIN
- 27-0299948
- Phone
- 4152609304
- Address
- 916 WILDWOOD AVENUE, DALY CITY, CA 94015
Signing Officer
- Name
- Viggen Rassam
- Title
- President
- Phone
- 4152609304
- Signed
- 2021-02-09
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Crisafi Pryor & Farquhar Inc
- Address
- 1650 BOREL PLACE SUITE 120, SAN MATEO, CA 94402
- Preparer
- Michael Pryor CPA
- Phone
- 6506972727
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: dividend income. Amount: 20.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: clothing. Amount: 44. Description: dues and subscriptions. Amount: 320. Description: equipment. Amount: 5,847. Description: insurance. Amount: 2,047. Description: league fees. Amount: 5,356. Description: office supplies. Amount: 32,293. Description: outside services. Amount: 11,751. Description: promotional. Amount: 250. Description: repairs. Amount: 1,910. Description: salary. Amount: 23,939. Description: scholarship. Amount: 672. Description: supplies. Amount: 1,784. Description: taxes. Amount: 13,701. Description: travel & meals. Amount: 842. Total to form 990-ez, line 16: 100,756.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: td ameritrade. Beg. Of year amount: 0. End of year amount: 1,827.”
Raw XML Appendix126 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | VIGGEN RASSAM |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4152609304 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 916 WILDWOOD AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | DALY CITY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 94015 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 35796 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 13688 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 2200 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 3169 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -20281 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3134 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 35796 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 15515 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 1807 |
| IRS990EZ/GrossReceiptsAmt | 0 | 86778 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 20 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 35796 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 15515 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 35796 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 15515 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 30.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | VIGGEN RASSAM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1827 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 100756 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE BASKETBALL SKILL DEVELOPMENT TO YOUTH AND PROVIDE OPPORTUNITIES FOR YOUTH TO COMPETE IN PROGRAMS THEY WOULD NORMALLY NOT BE FINANCIALLY CAPABLE OF ATTENDING. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 79582 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | HOSTED A FREE CLINIC FOR BOYS AGES 11-14 WITH MANY FROM LOW INCOME NEIGHBORHOODS IN ATTENDANCE |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | RECEIVED A COMMITTMENT FOR OUR MAJOR DONOR THIS FISCAL YEAR |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | ESTABLISHED A TENTATIVE AGREEMENT WITH A LOCAL PRIVATE HIGH SCHOOL TO UTILIZE THEIR ATHLETIC AND CLASSROOM FACILITIES TO FURTHER OUR PROGRAMS. MAY POSSIBLY HAVE THEIR HONOR STUDENTS ACT AS TUTORS FOR THE YOUNGER CHILDREN WHO PARTICIPATE IN OUR TEAMS WHEN THEY ARE FORMED. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 4976 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 103890 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 83609 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DIVIDEND INCOME. AMOUNT: 20. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: CLOTHING. AMOUNT: 44. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 320. DESCRIPTION: EQUIPMENT. AMOUNT: 5,847. DESCRIPTION: INSURANCE. AMOUNT: 2,047. DESCRIPTION: LEAGUE FEES. AMOUNT: 5,356. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 32,293. DESCRIPTION: OUTSIDE SERVICES. AMOUNT: 11,751. DESCRIPTION: PROMOTIONAL. AMOUNT: 250. DESCRIPTION: REPAIRS. AMOUNT: 1,910. DESCRIPTION: SALARY. AMOUNT: 23,939. DESCRIPTION: SCHOLARSHIP. AMOUNT: 672. DESCRIPTION: SUPPLIES. AMOUNT: 1,784. DESCRIPTION: TAXES. AMOUNT: 13,701. DESCRIPTION: TRAVEL & MEALS. AMOUNT: 842. TOTAL TO FORM 990-EZ, LINE 16: 100,756. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: TD AMERITRADE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,827. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | VIGGEN RASSAM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4152609304 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-02-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FUNDAMENTALS FIRST ACADEMY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FUND |
| ReturnHeader/Filer/EIN | 0 | 270299948 |
| ReturnHeader/Filer/PhoneNum | 0 | 4152609304 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 916 WILDWOOD AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | DALY CITY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 94015 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 942621126 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CRISAFI PRYOR & FARQUHAR INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1650 BOREL PLACE SUITE 120 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SAN MATEO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 94402 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6506972727 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-02-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL PRYOR CPA |
| ReturnHeader/ReturnTs | 0 | 2021-03-23T11:45:27-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | VIGGEN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | RASSAM |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $15,515
- Liabilities
- $0
- Net assets
- $15,515
- Revenue
- $83,609
- Expenses
- $103,890
- Net income
- -$20,281