First Star Institute Inc is located in Potomac, MD. The organization was established in 2016. According to its NTEE Classification (I83) the organization is classified as: Public Interest Law, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Star Institute 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 Institute Inc generated $40.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $60.1k during the year ending 12/2022. While expenses have increased by 15.8% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BETTER PRACTICES ARE SORELY NEEDED. ABUSED AND NEGLECTED CHILDREN ARE MORE LIKELY TO GROW UP TO BE UNEMPLOYED, HOMELESS AND INCARECERATED. OUR PROGRAMS TARGET CONSTRUCTIVE CHANGE:- PROMOTES BEST PRACTICES FOR FOSTER YOUTH IN COLLEGE- SUPPORTS ACCESS TO INFORMATION WHEN AN ABUSED CHILD DIES IN ORDER TO AID PREVENTION EFFORTS- SUPPORTS AN ABUSED CHILD'S RIGHT TO BE HEARD THROUGH AN ADVOCATE- EDUCATES COURTS AND LEGISLATORS ON HOW SPECIFIC DECISIONS AND LAWS CAN IMPACT CHILDREN- LEVERAGES CHANGE BY WORKING WITH OTHERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan Barker Clem Chairperson/treasurer | 1 | $0 | |
Elissa Garr President | 2 | $0 | |
I Richard Garr Director | 1 | $0 | |
Sherry Quirk Director | 1 | $0 | |
Damian Miller Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $40,517 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $26 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $40,543 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $57,402 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,717 |
Total expenses | $60,119 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $6,951 |
Other assets | $0 |
Total assets | $24,251 |
Total liabilities | $2,178 |
Net assets or fund balances | $22,073 |