Marketstar Cares Foundation is located in Ogden, UT. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marketstar Cares Foundation 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 12/2023, Marketstar Cares Foundation generated $210.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (32.5%) each year. All expenses for the organization totaled $256.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS DEDICATED TO STRENGTHENING HEALTHY COMMUNITIES IN NORTHERN UTAH. IT PROVIDES FINANCIAL SUPPORT TO HELP CITIZENS BUILD UP THEIR COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Justin Nalder President, Trustee | 0 | $0 | |
Ben Kaufmann Treasurer, Trustee | 0 | $0 | |
Angela Towns Trustee, Secretary | 0 | $0 | |
Keri Hale Trustee | 0 | $0 | |
Ryan Lindsey Trustee | 0 | $0 | |
Danette Pulley Vice President, Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $210,305 |
Interest on Savings | $188 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $210,493 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $913 |
Printing and publications | $0 |
Other expenses | $255,972 |
Total operating and administrative expenses | $256,886 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $256,886 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $61,823 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $700,000 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $761,823 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |