A Million Stars Inc
- Assets
- $5.9m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 61
- Location
- St Louis, MO
- Founding
- 06/2006
- Data as of
- 12/2022
- EIN
- 20-4768985
Organization Overview
A Million Stars Inc, operating under the name College Bound, is located in St Louis, MO. The organization was established in 2006. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2022, College Bound employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College Bound 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 12/2022, College Bound generated $2.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERS PROMISING STUDENTS FROM ECONOMICALLY DISADVANTAGED BACKGROUNDS TO ACHIEVE BACHELOR'S DEGREES AND SUCCESSFUL CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE BOUND'S TO AND THROUGH IS A COMPREHENSIVE, SEVEN-TO-NINE YEAR PROGRAM THAT HAS PROVEN SUCCESSFUL IN HELPING PROMISING LOW-INCOME FIRST-GENERATION (NEITHER PARENT GRADUATED FROM A FOUR-YEAR COLLEGE) STUDENTS GET INTO AND GRADUATE FROM COLLEGE AT OVER FIVE TIMES THE RATE OF THEIR PEERS.COLLEGE BOUND'S TO AND THROUGH COLLEGE PREPARATION PROGRAMMING FOR HIGH SCHOOL STUDENTS BUILDS A FOUNDATION FOR SUCCESS AT SELECTIVE FOUR-YEAR INSTITUTIONS THROUGH THE DEVELOPMENT OF ACADEMIC COMPETENCIES AND SOCIAL SKILLS. BEGINNING AT THE END OF 9TH GRADE, COLLEGE BOUND PROVIDES STUDENTS WITH WEEKLY OPPORTUNITIES, WEEK-LONG INTENSIVES, AND SUMMER INSTITUTES AND WORKSHOPS THAT STRENGTHEN CAPACITIES IN MATH, WRITING, CRITICAL THINKING AND TEST TAKING. DURING JUNIOR YEAR, STUDENTS RECEIVE INTENSIVE ACT PREPARATION AND TAKE THE ACT. COLLEGE BOUND STUDENTS ALSO REGULARLY PARTICIPATE IN EXTRACURRICULAR ACTIVITIES, SUCH AS COMMUNITY SERVICE AND CULTURAL OPPORTUNITIES, TO DEVELOP NON-COGNITIVE SKILLS THAT SUPPORT ACADEMIC ACHIEVEMENT AND DEGREE COMPLETION IN SCHOOL.ADDITIONALLY, COLLEGE BOUND'S COLLEGE ACCESS PROGRAMMING PREPARES STUDENTS FOR APPLICATION AND ENTRY AT SELECTIVE COLLEGES THAT CLOSELY MATCH THEIR INTERESTS, APTITUDE AND FINANCIAL RESOURCES. PROGRAMMING INCLUDES A COMPETENCY-BASED COLLEGE KNOWLEDGE CURRICULUM, FINANCIAL LITERACY COURSEWORK, PRE-COLLEGIATE SUMMER OPPORTUNITIES, COLLEGE TOURS, RESIDENTIAL APPLICATION INSTITUTES, 1:1 COMPLETION SESSIONS FOR THE FEDERAL APPLICATION FOR STUDENT AID (FAFSA), AND ONE-ON-ONE COLLEGE AND FINANCIAL AID COUNSELING SESSIONS.
AT THE COLLEGE LEVEL, COMPLETE U IS THE PRIMARY TO AND THROUGH PROGRAM. COMPLETE U BEGINS IN THE SECOND SEMESTER OF 12TH GRADE AND REMAINS AN ACTIVE PART OF STUDENTS' LIVES UNTIL THEY GRADUATE FROM COLLEGE. IN THE HIGH SCHOOL PORTION OF COMPLETE U, STUDENTS PREPARE FOR THE EMOTIONAL AND PSYCHOLOGICAL CHALLENGES OF TRANSITION; THEY PARTICIPATE IN A FINANCIAL LITERACY PROGRAM AND LEARN THE HIDDEN RULES OF CLASSROOM ETIQUETTE AND RESIDENTIAL LIFE FROM EXPERIENCED COLLEGE ADVISORS. AFTER STUDENTS MATRICULATE TO COLLEGE, THEY RECEIVE A BROAD SAFETY NET OF HUMAN AND FINANCIAL RESOURCES. THE GOAL OF COMPLETE U IS TO ENSURE THAT COLLEGE BOUND STUDENTS WHO ARE ADMITTED TO COLLEGE ARE ABLE TO SUCCESSFULLY GRADUATE FROM COLLEGE AND BECOME STRONG CONTRIBUTORS WITHIN THEIR COMMUNITIES AND THE WORKFORCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Brooks Director | Trustee | 1 | $0 |
Doreen Carmichael Secretary | OfficerTrustee | 1 | $0 |
Marilyn Dredge Board Chair | OfficerTrustee | 3 | $0 |
Randall Grady Director | Trustee | 2 | $0 |
Timothy Farquhar Treasurer | OfficerTrustee | 1 | $0 |
Dan Mandoli Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sense Corp Proprietary Technology Development | 12/30/15 | $242,910 |
St Louis Center For Family Development Mental Wellness/therapeautic Services | 12/30/15 | $118,825 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $540,303 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,770,743 |
| Noncash contributions included in lines 1a–1f | $82,749 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,311,046 |
| Total Program Service Revenue | $0 |
| Investment income | $192,566 |
| 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 | $2,504,613 |
| 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. | $173,547 |
| Compensation of current officers, directors, key employees. | $13,884 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,424,251 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $121,283 |
| Payroll taxes | $113,170 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $415 |
| Fees for services: Accounting | $67,915 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,207 |
| Fees for services: Other | $0 |
| Advertising and promotion | $34,088 |
| Office expenses | $93,826 |
| Information technology | $384 |
| Royalties | $0 |
| Occupancy | $71,908 |
| Travel | $21,520 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $62,667 |
| Insurance | $21,527 |
| All other expenses | $244,439 |
| Total functional expenses | $2,797,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $641,993 |
| Savings and temporary cash investments | $445,879 |
| Pledges and grants receivable | $543,217 |
| 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 | $88,582 |
| Net Land, buildings, and equipment | $918,617 |
| Investments—publicly traded securities | $3,305,703 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,943,991 |
| Accounts payable and accrued expenses | $89,841 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $89,841 |
| Net assets without donor restrictions | $5,787,150 |
| Net assets with donor restrictions | $67,000 |
| 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 | $5,943,991 |