First Star Inc

Organization Overview

First Star Inc is located in Los Angeles, CA. The organization was established in 2000. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, First Star Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Star Inc 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, First Star Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 8.1% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE LIVES OF FOSTER CHILDREN AND CHILDREN AT RISK OF ABUSE AND NEGLECT

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOSTER YOUTH ACADEMIES: FIRST STAR PARTNERS WITH UNIVERSITIES THROUGHOUT THE COUNTRY TO MAKE A LONG-TERM INVESTMENT IN FOSTER YOUTH AND CHANGE THE COURSE OF THEIR LIVES, FROM ABUSE AND NEGLECT TO ACADEMIC ACHIEVEMENT AND SELF-SUFFICIENCY. EACH FOSTER YOUTH ACADEMY IS A FOUR-YEAR PROGRAM FOR HIGH SCHOOL FOSTER YOUTH THAT SHOWS THEM THEY BELONG ON A COLLEGE CAMPUS, AND HELPS THEM GET THERE. YOUTH LIVE ON AN ELITE COLLEGE CAMPUS EACH SUMMER THROUGHOUT HIGH SCHOOL, AND RETURN 1-2 DAYS EACH MONTH DURING THE SCHOOL YEAR. THE UNIVERSITY BECOMES A SECOND HOME THAT INSPIRES AND ENABLES THEM. EACH ACADEMY KEEPS YOUTH ON TRACK FOR ACADEMIC SUCCESS, EQUIPS THEM WITH LIFE SKILLS NEEDED FOR ADULTHOOD, TRAINS THEM TO ADVOCATE FOR THEMSELVES AND OTHERS, AND ENSURES THAT ALL YOUTH EXIT FOSTER CARE WITH LIFELONG ADULT SUPPORTERS.


MISCELLANEOUS CHILD ADVOCACY PROGRAMS IMPROVING THE LIVES OF FOSTER YOUTH


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Board, Officers & Key Employees

Name (title)Compensation
Adrien Sebro
Director
$0
Brian Gray
Treasurer
$0
David Valentine
Outgoing-Director
$0
Glen Friedman
Director
$0
Janet Rosenzweig
Director
$0
Judy Hackett
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $30,947
All other contributions, gifts, grants, and similar amounts not included above$1,204,428
Noncash contributions included in lines 1a–1f $35,848
Total Revenue from Contributions, Gifts, Grants & Similar$1,235,375
Total Program Service Revenue$0
Investment income $15
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 $1,266,336

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