Starfinder Foundation
- Assets
- $4.7m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 20
- Location
- Philadelphia, PA
- Founding
- 03/2003
- Data as of
- 06/2022
- EIN
- 04-3649918
Organization Overview
Starfinder Foundation is located in Philadelphia, PA. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Starfinder Foundation employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Starfinder Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Starfinder Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $891.3k during the year ending 06/2022. While expenses have increased by 4.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
STARFINDER FOUNDATION USES SOCCER TO INSPIRE SOCIAL CHANGE AND TRANSFORM THE LIVES OF UNDERSERVED YOUTH, ONE KID AT A TIME.
Describe the Organization's Program Activity:
STARFINDER SERVES APPROXIMATELY 900 YOUTH ANNUALLY AT ITS FACILITY AND NEIGHBORHOOD SITES. PROGRAMS INCLUDE: AN INTENSIVE, YEAR-ROUND HIGH SCHOOL PROGRAM; SUMMER CAMPS AND NEIGHBORHOOD OUTREACH TO YOUNGER CHILDREN; AND A GROWING ARRAY OF MIDDLE SCHOOL PROGRAMS, INCLUDING AFTER SCHOOL CLINICS AND WEEKEND LEAGUES. SOCCER IS THE MAGNET; SUCCESS IN SCHOOL, IN THE COMMUNITY, AND IN PURSUIT OF HIGHER EDUCATION AND EMPLOYMENT IS THE GOAL. ONE HUNDRED PERCENT OF STARFINDER'S HIGH SCHOOL SENIORS HAVE GRADUATED HIGH SCHOOL AND 89% HAVE CONTINUED ON TO POST-SECONDARY EDUCATION (COMPARED TO AVERAGES OF 69% AND 55%, RESPECTIVELY,FOR THE PHILADELPHIA SCHOOL DISTRICT.) ** STARFINDER'S COMMUNITY OF SUPPORTERS INCLUDES INDIVIDUAL DONORS, BUSINESSES AND CORPORATIONS, AND PRIVATE FOUNDATIONS. OUR UNIQUE FUNDRAISING EVENTS INCLUDE COCKTAILS WITH A KICK!, A COCKTAIL PARTY ON OUR INDOOR TURF FIELD; AND STARFINDER CUPS, CORPORATE-SPONSORED ADULT SOCCER TOURNAMENTS AND NETWORKING EVENTS. WE ALSO RELY ON THE STABLE UNRESTRICTED INCOME GENERATED BY OUR FACILITY (E.G., FIELD RENTALS, BIRTHDAY PARTIES, AND SIMILAR USES.) DURING NON PROGRAM HOURS TO FUND STARFINDER'S MISSION AND PROGRAM SERVICES. ** VOLUNTEERS ASSIST WITH PROGRAM NEEDS, EVENTS, AND FACILITY PROJECTS THROUGHOUT THE YEAR. ANNUALLY, 4-5 AMERICORPS AND VISTA SERVICE MEMBERS (THROUGH THE NATIONAL CIVILIAN COMMUNITY CORPS) DEDICTATE A YEAR OF SERVICE TO ADD CAPACITY TO STARFINDER'S PROGRAMS AND OPERATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Rossi Vice-Chair | OfficerTrustee | 2 | $0 |
Doug Deitch Director | Trustee | 2 | $0 |
Chris Powell Director | Trustee | 2 | $0 |
David Seltzer Director | Trustee | 2 | $0 |
Kelly Elizardo Director | Trustee | 2 | $0 |
Alex Seldin Chair | OfficerTrustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $81,347 |
| All other contributions, gifts, grants, and similar amounts not included above | $975,499 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,056,846 |
| Total Program Service Revenue | $138,505 |
| Investment income | $277 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,195,628 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $118,073 |
| Compensation of current officers, directors, key employees. | $23,615 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $260,081 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $33,648 |
| Payroll taxes | $28,831 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,367 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $8,299 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,193 |
| Advertising and promotion | $12,315 |
| Office expenses | $50,560 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,271 |
| Travel | $1,249 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $67,027 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $80,724 |
| Insurance | $44,181 |
| All other expenses | $0 |
| Total functional expenses | $891,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262,466 |
| Savings and temporary cash investments | $781,839 |
| Pledges and grants receivable | $76,132 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $28,718 |
| Net Land, buildings, and equipment | $3,440,482 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $68,611 |
| Total assets | $4,658,248 |
| Accounts payable and accrued expenses | $33,436 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $241,637 |
| Secured mortgages and notes payable | $2,201,644 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,476,717 |
| Net assets without donor restrictions | $1,617,806 |
| Net assets with donor restrictions | $563,725 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,658,248 |