Shooting Star Foundation Inc
- Assets
- $479.4k
- Revenue
- $233.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Eden Prairie, MN
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 81-3983985
Organization Overview
Shooting Star Foundation Inc is located in Eden Prairie, MN. The organization was established in 2016. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2022, Shooting Star Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shooting Star Foundation 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, Shooting Star Foundation Inc generated $233.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $153.7k 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
FOUNDED IN 2016, THE SHOOTING STAR FOUNDATION IS A CHRISTIAN NON-PROFIT ORGANIZATION THAT PROVIDES FINANCIAL ASSISTANCE FOR EARLY-INTERVENTIONAL THERAPY FOR SPECIAL NEEDS CHILDREN FROM BIRTH TO AGE EIGHT TO ENHANCE LIFE-CHANGING DEVELOPMENT DURING THIS CRITICAL PERIOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE GIVE FINANCIAL SCHOLARSHIPS TO SELECT THERAPY PROVIDERS WORKING WITH CHILDREN AGE 0-8 WITH DEVELOPMENTAL DELAYS; TO HELP PAY FOR EARLY-INTERVENTIONAL THERAPY NEEDED TO HELP THEM REACH THEIR FULL POTENTIAL. BY ENHANCING THEIR ACCESS TO THERAPY AT A CRITICAL PERIOD IN THEIR DEVELOPMENT, WE OFFER CHILDREN THE BEST OPPORTUNITY TO ENGAGE IN SCHOOL PROGRAMS AND BEYOND.2022 KEY ACCOMPLISHMENTSWE PROVIDED SCHOLARSHIPS AND GRANTS TO FOUR LEADING PROVIDERS OF THERAPY FOR CHILDREN WITH SPECIAL NEEDS. 1) ST. DAVID'S CENTER, 2) FRASER, 3) SORA PEDIATRIC THERAPY, AND 4) SUNNYDAYS THERAPYST. DAVID'S CENTER: DURING 2022, WE AWARDED 5 NEW SCHOLARSHIP GRANTS FOR $35,757 TO DAVID'S CENTER. WE EXPECT TO AWARD ADDITIONAL SCHOLARSHIPS IN 2023 TO ST. DAVID'S CENTER AND RENEW SCHOLARSHIPS FOR 2023 FOR FAMILIES THAT STILL QUALIFY.FRASER: DURING 2022, WE AWARDED 10 NEW SCHOLARSHIPS FOR $37,024 TO FRASER. WE EXPECT TO AWARD ADDITIONAL SCHOLARSHIPS IN 2023 TO FRASER AND RENEW SCHOLARSHIPS FOR 2022 FOR FAMILIES THAT STILL QUALIFY.SORA PEDIATRIC THERAPY: DURING 2022, WE AWARDED 9 SCHOLARSHIP GRANTS TO FOR $20,785 SORA PEDIATRIC THERAPY. WE EXPECT TO AWARD ADDITIONAL SCHOLARSHIPS IN 2023 TO SORA PEDIATRIC THERAPY FOR FAMILIES THAT STILL QUALIFY.KID TALK: DURING 2022, WE AWARDED 0 NEW SCHOLARSHIP TO KID TALK. WE EXPECT TO AWARD ADDITIONAL SCHOLARSHIPS IN 2023 TO KID TALK AND RENEW SCHOLARSHIPS FOR 2023 FOR FAMILIES THAT STILL QUALIFY.SUNNYDAYS THERAPY: DURING 2022, WE AWARDED 6 NEW SCHOLARSHIPS GRANTS FOR $28,450 TO SUNNYDAYS THERAPY. WE EXPECT TO AWARD ADDITIONAL SCHOLARSHIPS IN 2023 TO SUNDAYDAYS THERAPY AND RENEW SCHOLARSHIPS FOR 2023 FOR FAMILIES THAT STILL QUALIFY.
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 |
|---|---|---|---|
Kirk Spresser Chair | OfficerTrustee | 1 | $0 |
Joe Biller Co-Founder & Director | Trustee | 1 | $0 |
Anna Haugo Director | Trustee | 1 | $0 |
Ben Kruger Director | Trustee | 1 | $0 |
Desmond Nation Director | Trustee | 1 | $0 |
Joel Barker Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $170,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,594 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $241,594 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$7,898 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $233,696 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $85,283 |
| 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. | $31,096 |
| Compensation of current officers, directors, key employees. | $7,774 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,423 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,187 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,772 |
| Office expenses | $964 |
| Information technology | $367 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $153,721 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $460,189 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,079 |
| 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 | $6,098 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $479,366 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $479,366 |
| 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 | $479,366 |
Grants Awarded
Over the last fiscal year, Shooting Star Foundation Inc has awarded $84,860 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FRASER PURPOSE: EARLY-INTERVENTIONAL THERAPY GRANT | $24,737 |
ST DAVIDS CENTER FOR CHILD AND FAMILY DEVELOPMENT PURPOSE: EARLY-INTERVENTIONAL THERAPY GRANT | $19,750 |
SORA PEDIATRIC THERAPY PURPOSE: EARLY-INTERVENTIONAL THERAPY GRANT | $20,785 |
SUNNY DAYS THERAPY PURPOSE: EARLY-INTERVENTIONAL THERAPY GRANT | $19,588 |