SHOOTING STARS FOUNDATION INC (EIN 462174148) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

LATHA NARAYANAN

Phone

5104102887

Tax Period

2024-01-01 to 2024-12-31

SHOOTING STARS FOUNDATION INC, founded in 2013, is a small nonprofit in the Education sector that reported $449K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Net assets of $927K represent 25 months of operating reserves.

Mission

TO PROVIDE LOCAL HIGH SCHOOL STUDENTS AN OPPORTUNITY TO GIVE BACK TO THE COMMUNITY BY WORKING WITH YOUNGER KIDS DURING THE SPRING BREAK CAMPS AND THEREBY, RAISE FUNDS TO SUPPORT AND PROVIDE ECONOMIC SUPPORT TO DISADVANTAGED COLLEGE STUDENTS ACROSS THE GLOBE IN THEIR PURSUIT OF HIGHER EDUCATION GOALS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $405,588

Program Service Revenue $14,694

Investment Income $28,670

Other Revenue $500

TOTAL REVENUE $449,452

Expense Breakdown

Grants Paid $283,615

Salaries & Benefits $0

Fundraising Expenses $8,336

Program Expenses $426,671

Other Expenses $168,234

TOTAL EXPENSES $451,849

Year-over-Year Comparison

	2024	2023	Change
Revenue	$449,452	$484,801	-0.1%
Expenses	$451,849	$346,144	+0.3%
Net Income	$-2,397	$138,657	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
LATHA NARAYANAN	VICE PRESIDENT	Director	$0	$0	$0
BRIAN MCCANN	PRESIDENT	Director	$0	$0	$0
JAGAN BORRA	TREASURER	Director	$0	$0	$0
ANNAMALAI MUTHU	SECRETARY	Director	$0	$0	$0

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	$449,452	$451,849	$928,636	$-2,397
2023	$484,801	$346,144	$876,167	$138,657
2022	$427,092	$356,859	$723,654	$70,233
2021	$492,506	$207,044	$653,421	$285,462
2020	$326,897	$150,284	$367,959	$176,613

SHOOTING STARS FOUNDATION INC