STAR LEGACY FOUNDATION

EIN: 260227601 501(c)(3) Medical Research

EDEN PRAIRIE, MN

Total Revenue
$870,474
Total Expenses
$980,708
Total Assets
$1,116,394
Net Assets
$889,211
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MN
Principal Officer
SHAUNA LIBSACK
Phone
9527157731
Tax Period
2024-01-01 to 2024-12-31

STAR LEGACY FOUNDATION, founded in 2005, is a small nonprofit in the Medical Research sector that reported $870K in total revenue in fiscal year 2024. Expenses of $981K exceeded revenue, resulting in a 13% operating deficit.

Mission

STILLBIRTH AWARENESS, RESEARCH, EDUCATION, AND FAMILY SUPPORT

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $346,619
Program Service Revenue $121,885
Investment Income $43,533
Other Revenue $358,437
TOTAL REVENUE $870,474

Expense Breakdown

Grants Paid $100
Salaries & Benefits $530,084
Fundraising Expenses $182,074
Program Expenses $624,426
Other Expenses $450,524
TOTAL EXPENSES $980,708

Year-over-Year Comparison

2024 2023 Change
Revenue $870,474 $855,365 +0.0%
Expenses $980,708 $867,274 +0.1%
Net Income $-110,234 $-11,909 +8.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
11
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$111,440
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNY BENDER BOARD MEMBER 1.00
Director
$0 $0 $0
SHAYLEE DAVE BOARD MEMBER 1.00
Director
$0 $0 $0
JACQUELINE GRANT BOARD MEMBER 1.00
Director
$0 $0 $0
JARED AMENT BOARD MEMBER 1.00
Director
$0 $0 $0
BARBARA TOPPIN CHAIR 1.00
Officer Director
$0 $0 $0
DALE FULLER BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE LIBSACK SECRETARY 1.00
Officer Director
$0 $0 $0
ANDREA LANG PAST CHAIR 2.00
Officer Director
$0 $0 $0
LINDSEY WIMMER EXECUTIVE DIRECTOR 2.00
Officer
$111,440 $0 $111,440
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $870,474 $980,708 $1,116,394 $-110,234
2023 $855,365 $867,274 $1,238,129 $-11,909
2022 $576,327 $782,982 $1,107,318 $-206,655
2021 $739,217 $690,568 $1,266,259 $48,649
2020 $987,460 $623,048 $1,165,324 $364,412
2020 $988,340 $623,853 $1,165,324 $364,487
2019 $800,964 $736,338 $795,192 $64,626
2019 $848,222 $760,355 $800,837 $87,867
2018 $651,579 $509,773 $730,567 $141,806
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