FUNDAMENTALS FIRST ACADEMY INC

EIN: 270299948 501(c)(3) Recreation & Sports

DALY CITY, CA

Total Revenue
$349,448
Total Expenses
$299,675
Total Assets
$406,821
Net Assets
$406,821
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CA
Principal Officer
VIGGEN RASSAM
Phone
4152609304
Tax Period
2025-01-01 to 2025-12-31

FUNDAMENTALS FIRST ACADEMY INC, founded in 2009, is a small nonprofit in the Recreation & Sports sector that reported $349K in total revenue in fiscal year 2025. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $300K left a modest 14% surplus.

Mission

BASKETBALL CAMPS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $278,463
Program Service Revenue $0
Investment Income $70,985
Other Revenue $0
TOTAL REVENUE $349,448

Expense Breakdown

Grants Paid $0
Salaries & Benefits $52,564
Fundraising Expenses $0
Program Expenses $299,675
Other Expenses $247,111
TOTAL EXPENSES $299,675

Year-over-Year Comparison

2025 2024 Change
Revenue $349,448 $297,422 +0.2%
Expenses $299,675 $202,460 +0.5%
Net Income $49,773 $94,962 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIGGEN RASSAM PRESIDENT 30.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $349,448 $299,675 $406,821 $49,773
2024 $297,422 $202,460 $360,822 $94,962
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