Nonprofit · EIN 27-0299948
FUNDAMENTALS FIRST ACADEMY INC
Tax-exempt · DALY CITY, CA 94015
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $349,448 | $299,675 | $49,773 | $406,821 | $0 | $406,821 |
| December 31, 2024 | 990 | $297,422 | $202,460 | $94,962 | $360,822 | $87,559 | $273,263 |
| December 31, 2023 | 990-EZ | $151,764 | $127,442 | $24,322 | $178,301 | $0 | $178,301 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $278,463
- Membership dues
- $267
- Program service revenue
- $0
- Investment income
- $70,985
- Net gain from sales of assets
- $70,985
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $52,564
- Salaries, compensation and benefits (total)
- $52,564
- Professional fundraising fees
- $0
- Depreciation
- $36,370
- Program services (functional)
- $299,675
Balance sheet and other
- Total assets, start of year
- $360,822
- Total assets, end of year
- $406,821
- Total liabilities, end of year
- $0
- Net assets, end of year
- $406,821
- Land, buildings and equipment
- $54,555
- Publicly traded securities
- $181,460
- Gross receipts
- $349,448
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2009
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VIGGEN RASSAM | PRESIDENT Officer | 30 | $0 |
990 for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VIGGEN RASSAM | PRESIDENT Officer | 30 | $0 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VIGGEN RASSAM | PRESIDENT | 30 | $0 |
Address and contacts
- Address (IRS master file)
- 916 WILDWOOD AVE, DALY CITY, CA 94015-3505
- In care of
- % VIGGEN RASSAM
- Principal officer (990 for 2025)
- VIGGEN RASSAM, 916 WILDWOOD AVENUE, DALY CITY, CA 94015
- Signed the 990
- VIGGEN RASSAM, PRESIDENT
- Phone
- (415) 260-9304
- Return prepared by
- CRISAFI PRYOR & FARQUHAR INC
California records
California keeps its own records of charities and corporations. Search them by EIN 27-0299948 or by the name FUNDAMENTALS FIRST ACADEMY INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
PROVIDE SKILLS CAMP FOR BASKETBALL FUNDAMENTALS FROM KINDERGARTEN THROUGH 8TH GRADES.
Program accomplishments
- HOSTED A FREE CLINIC FOR BOYS AGES 11-14 WITH MANY FROM LOW INCOME NEIGHBORHOODS IN ATTENDANCE
- RECEIVED A COMMITTMENT FOR OUR MAJOR DONOR THIS FISCAL YEAR
- 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.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 27-0299948
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N60)
- Assets (IRS master file)
- $406,821
- Income (IRS master file)
- $349,448
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $349,448 | $299,675 | $406,821 | XML |
| 990 | December 2024 | $297,422 | $202,460 | $360,822 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-EZ | December 2023 | $151,764 | $127,442 | $178,301 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0299948).
Questions about FUNDAMENTALS FIRST ACADEMY INC
- What is the EIN of FUNDAMENTALS FIRST ACADEMY INC?
- The employer identification number (EIN) of FUNDAMENTALS FIRST ACADEMY INC is 27-0299948.
- Is FUNDAMENTALS FIRST ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to FUNDAMENTALS FIRST ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FUNDAMENTALS FIRST ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FUNDAMENTALS FIRST ACADEMY INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FUNDAMENTALS FIRST ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FUNDAMENTALS FIRST ACADEMY INC?
- The 990 for the year ended December 31, 2025 names VIGGEN RASSAM.
- Who are the officers and directors of FUNDAMENTALS FIRST ACADEMY INC?
- The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does FUNDAMENTALS FIRST ACADEMY INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $349,448, expenses of $299,675 and total assets of $406,821 at year end.
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All nonprofits in DALY CITY · California · Recreation and sports