Discover A Star is located in Universal City, CA. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Discover A Star 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 12/2021, Discover A Star generated $334.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $370.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Discover A Star has awarded 118 individual grants totaling $3,746,570. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GRANTS TO LOCAL ORGANIZATIONS THAT EMPOWER FAMILIES AND INDIVIDUALS TO LEAD MORE PRODUCTIVE AND FULFILLING LIVES WITH A FOCUS ON ALLEVIATING POVERTY AND CHILDREN FACING CRITICAL ILLNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE GRANTS TO LOCAL ORGANIZATIONS THAT EMPOWER FAMILIES AND INDIVIDUALS TO LEAD MORE PRODUCTIVE AND FULFILLING LIVES WITH A FOCUS ON ALLEVIATING POVERTY AND CHILDREN FACING CRITICAL ILLNESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karen Irwin President/dir | OfficerTrustee | 0.2 | $0 |
Nicholas Buonome Cfo/director | OfficerTrustee | 0.2 | $0 |
Cindy Gardner Director | Trustee | 0.2 | $0 |
Dennis Quinn Director | Trustee | 0.2 | $0 |
Denise Cruz Director | Trustee | 0.2 | $0 |
Glen Connally Director | Trustee | 0.2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $83,764 |
Related organizations | $126,553 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $25,765 |
Noncash contributions included in lines 1a–1f | $152,308 |
Total Revenue from Contributions, Gifts, Grants & Similar | $236,082 |
Total Program Service Revenue | $0 |
Investment income | $32 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $97,857 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $333,971 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $360,660 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,813 |
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 | $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 | $370,473 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $239,012 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $239,012 |
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 | $239,012 |
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 | $239,012 |
Over the last fiscal year, Discover A Star has awarded $349,278 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
Burbank, CA PURPOSE: TO SUPPORT NEUROSCIENCE CENTER | $100,000 |
Pacoima, CA PURPOSE: TO FUND EDUCATION CENTER | $40,578 |
Los Angeles, CA PURPOSE: TO FUND "WHOLE WOMEN SATURDAYS" | $30,000 |
Los Angeles, CA PURPOSE: TO SUPPORT EDUCATION & EMPLOYMENT | $30,000 |
Hollywood, CA PURPOSE: TO PROVIDE PROGRAM SUPPORT | $27,500 |
Los Angeles, CA PURPOSE: TO SUPPLY CHILDREN WITH CLOTHING | $25,700 |
Over the last fiscal year, we have identified 1 grants that Discover A Star has recieved totaling $7,745.
Awarding Organization | Amount |
---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $7,745 |
Organization Name | Assets | Revenue |
---|---|---|
Charles And Helen Schwab Foundation San Francisco, CA | $691,573,201 | $120,025,754 |
Hispanic Scholarship Fund Gardena, CA | $152,619,685 | $60,036,131 |
Arizona Leadership Foundation Inc Scottsdale, AZ | $8,143,528 | $41,232,860 |
College Track Oakland, CA | $64,375,720 | $27,539,542 |
Business For Social Responsibility San Francisco, CA | $23,283,625 | $33,746,077 |
Arizona Christian School Tuition Organization Inc Chandler, AZ | $15,419,007 | $23,692,507 |
Institute For Better Education Tucson, AZ | $37,186,348 | $28,870,649 |
Catholic Education Arizona Phoenix, AZ | $32,375,379 | $24,525,242 |
Mcconnell Foundation Redding, CA | $0 | $21,867,294 |
Arizona Tuition Connection Inc Scottsdale, AZ | $37,104,483 | $31,699,669 |
Making Waves Foundation Inc Richmond, CA | $241,696,341 | $12,436,212 |
Port Of Los Angeles High School San Pedro, CA | $18,161,675 | $15,549,620 |