STARFALL EDUCATION FOUNDATION

EIN: 464463460 501(c)(3) Education

BOULDER, CO

Total Revenue
$6,944,585
Total Expenses
$6,854,505
Total Assets
$27,311,689
Net Assets
$26,366,939
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CO
Principal Officer
STEPHEN SCHUTZ
Phone
3032841309
Tax Period
2024-07-01 to 2025-06-30

STARFALL EDUCATION FOUNDATION, founded in 2014, is a community nonprofit in the Education sector that reported $6.9M in total revenue in fiscal year 2024. Net assets of $26.4M represent 46 months of operating reserves.

Mission

TO PROVIDE FREE AND LOW-COST INNOVATIVE ACADEMIC EDUCATIONAL RESOURCES WHEREBY CHILDREN HAVE FUN LEARNING THROUGH EXPLORATION, GAIN SELF-CONFIDENCE, AND DEVELOP AN UNDERSTANDING AND COMPASSION FOR DIVERSITY AND THE ENVIRONMENT.

Program Service Accomplishments

Program 1
Expenses: $5,251,698 Revenue: $4,540,918

THE FOUNDATION, THROUGH ITS WEBSITE STARFALL.COM, OFFERS FREE AND LOW-COST INTERACTIVE EXPERIENCES WHEREBY CHILDREN CAN SUCCESSFULLY LEARN THROUGH EXPLORATION. IT CONTINUES THE TRADITION OF ITS...

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THE FOUNDATION, THROUGH ITS WEBSITE STARFALL.COM, OFFERS FREE AND LOW-COST INTERACTIVE EXPERIENCES WHEREBY CHILDREN CAN SUCCESSFULLY LEARN THROUGH EXPLORATION. IT CONTINUES THE TRADITION OF ITS PREDECESSOR, A SOCIAL ENTERPRISE FOUNDED IN 2002, AS A PLACE WHERE CHILDREN HAVE FUN LEARNING TO READ. CURRENTLY, IT INCLUDES THE CORE SUBJECTS OF LANGUAGE ARTS AND MATHEMATICS FOR PRE-K, KINDERGARTEN, AND ELEMENTARY SCHOOL GRADE LEVELS. IT TEACHES THROUGH POSITIVE REINFORCEMENT TO HELP CHILDREN BECOME CONFIDENT AND INTRINSICALLY MOTIVATED. THE FOUNDATION PRODUCES AND DISTRIBUTES THE FOLLOWING EDUCATIONAL SERVICES AND MATERIALS FOR STUDENTS, PARENTS, TEACHERS AND SCHOOLS: INTERACTIVE GAMES, VIDEOS, MOVIES, E-BOOKS, AUDIO BOOKS, EDUCATIONAL SONGS, DOWNLOADABLE BOOKS, LESSON PLANS, CLASSROOM CURRICULA, PRINTED BOOKS, PRACTICE BOOKS, ELECTRONIC MEDIA AND TEACHING TOOLS. THESE ARE PRIMARILY DISTRIBUTED THROUGH THE STARFALL.COM WEBSITE. MANY OF STARFALL'S DIGITAL ACTIVITIES ARE ALSO AVAILABLE ON MOBILE APPS. STARFALL OFFERS LOW-COST MEMBERSHIP WHICH EXPANDS ITS FREE CONTENT TO INCLUDE ADDITIONAL GAMES, E-BOOKS, MOVIES AND SONGS. BENEFITS OF ANNUAL MEMBERSHIP INCLUDE PREFERRED AND UNLIMITED ACCESS TO STARFALL.COM FROM TABLET, MOBILE PHONE OR COMPUTER DURING A ONE YEAR MEMBERSHIP PERIOD. THE FOUNDATION ALSO MAINTAINS A FREE WEBSITE AT PUMEROSA.COM TO HELP SPANISH LANGUAGE SPEAKERS LEARN ENGLISH.

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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 $1,679,008
Program Service Revenue $4,493,923
Investment Income $474,512
Other Revenue $297,142
TOTAL REVENUE $6,944,585

Expense Breakdown

Grants Paid $185,000
Salaries & Benefits $4,117,645
Fundraising Expenses $0
Program Expenses $5,251,698
Other Expenses $2,551,860
TOTAL EXPENSES $6,854,505

Year-over-Year Comparison

2024 2023 Change
Revenue $6,944,585 $7,128,304 0.0%
Expenses $6,854,505 $6,886,218 0.0%
Net Income $90,080 $242,086 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
4
Employees
31
Volunteers
5

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
6
$392,759
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN SCHUTZ PHD CHAIRMAN, CEO, FOUNDER 30.00
Officer Director
$0 $0 $0
JOEL CITRON BOARD MEMBER 2.00
Director
$0 $0 $0
MYRNA ESTES BOARD MEMBER 2.00
Director
$0 $0 $0
GREG HARFST BOARD MEMBER 2.00
Director
$0 $0 $0
GINA NOCERA BOARD MEMBER 2.00
Director
$0 $0 $0
JORDANNA SCHUTZ BOARD MEMBER 2.00
Director
$0 $0 $0
ROGER WILSON PRESIDENT 40.00
Officer
$192,148 $34,083 $226,231
MARK MISIANO CFO, ASSISTANT SECRERTARY 40.00
Officer
$144,394 $22,134 $166,528
PAUL KNUTSON TREASURER, ASSISTANT SECRETARY 2.00
Officer
$0 $0 $0
JAY GRODIN JD SECRETARY 2.00
Officer
$0 $0 $0
DIANA TEMPLE ASSISTANT TREASURER 2.00
Officer
$0 $0 $0
GINA MORGAN SR DIRECTOR OF CIC & CONTENT DISTRIB 40.00
Highest
$147,327 $22,407 $169,734
HELEN PARKER SR DIRECTOR OF OPERATIONS 40.00
Highest
$145,969 $9,619 $155,588
STEVEN SCHULTZ DIRECTOR ADVANCED LEARNING GAMES 40.00
Highest
$138,592 $21,790 $160,382
ARTHUR MORGAN SR SOFTWARE ENGINEER 40.00
Highest
$123,469 $21,005 $144,474
GREGORY BOUBEL DIRECTOR SOFTWARE ENGINEER 40.00
Highest
$122,453 $20,714 $143,167
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
2025 $6,944,585 $6,854,505 $27,311,689 $90,080
2024 $7,128,304 $6,886,218 $25,730,375 $242,086
2023 $6,957,004 $7,270,919 $23,868,379 $-313,915
2022 $7,767,938 $6,794,562 $23,216,970 $973,376
2021 $6,793,474 $6,584,263 $24,846,105 $209,211
2020 $7,522,820 $7,162,050 $23,360,929 $360,770
2019 $6,466,144 $6,397,020 $22,835,463 $69,124
2018 $6,786,476 $7,931,041 $22,690,449 $-1,144,565
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