Aster Study Center
- Assets
- $176.4k
- Revenue
- $307.4k
- Investments
- $0.0
- Employees
- 16
- Location
- Los Angeles, CA
- Founding
- 08/2011
- Data as of
- 12/2022
- EIN
- 27-4367432
Organization Overview
Aster Study Center is located in Los Angeles, CA. The organization was established in 2011. 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, Aster Study Center employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aster Study Center 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, Aster Study Center generated $307.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $295.8k 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
HELP WOMEN OF ALL AGES APPRECIATE HOMEMAKING AS AN ART AND A SCIENCE BY APPLYING THE PRINCIPLES OF THE HOSPITALITY INDUSTRY TO HOME MANAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASTER STUDY CENTER, INC OFFERS A NUMBER OF PROGRAMS TO CARRY OUT ITS MISSION. THESE INCLUDE THE FOLLOWING 1. TRAINING PROGRAM - INTERNSHIPS IN HOSPITALITY SERVICES ESTABLISHED AT TWO SITES.2. ART OF LIVING - PROGRAM FOR HIGH SCHOOL GIRLS THAT FOCUSES ON NUTRITION, FOOD PREPARATION AND PRESENTATION, EVENT PLANNING. LAUNDRY SKILLS AND WORK HABITS.3. CREATIVE CUSINE - PROGRAM FOR JUNIOR HIGH GIRLS THAT ADDRESSES BASICS OF COOKING, KITCHEN SAFETY AND SANITATION, AND WORKPLACE ORGANIZATION.PROGRAMS SERVE APPROXIMATELY 50-75 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Mascari Board Member | Trustee | 10 | $8,000 |
Nancy Kuria Board Member | Trustee | 1 | $0 |
Karla Ycasiano-Acenas Board Member | Trustee | 1 | $0 |
Marita Barber Board Member | Trustee | 1 | $0 |
Edelisa Uy Board Member | Trustee | 1 | $0 |
Rosario Equihua Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $145,685 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,685 |
| Total Program Service Revenue | $161,711 |
| Investment income | $9 |
| 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 | $307,405 |
| 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. | $8,000 |
| Compensation of current officers, directors, key employees. | $8,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $71,238 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $59,997 |
| Payroll taxes | $6,957 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,395 |
| Travel | $30,729 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,020 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,597 |
| Insurance | $0 |
| All other expenses | $5,006 |
| Total functional expenses | $295,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,747 |
| Savings and temporary cash investments | $21,641 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $116,998 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $176,386 |
| Accounts payable and accrued expenses | $10,924 |
| 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 | $10,924 |
| Net assets without donor restrictions | $165,462 |
| Net assets with donor restrictions | $0 |
| 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 | $176,386 |