STARWORKS

EIN: 561830629 501(c)(3) Environment

STAR, NC

Total Revenue
$2,815,253
Total Expenses
$2,528,734
Total Assets
$7,207,852
Net Assets
$6,392,213
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
NC
Principal Officer
NANCY GOTTOVI
Phone
9104289001
Tax Period
2023-01-01 to 2023-12-31

STARWORKS, founded in 1993, is a community nonprofit in the Environment sector that reported $2.8M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $2.5M left a modest 10% surplus.

Mission

STARWORKS IS AN ARTS-CENTERED WORK COMMUNITY THAT PROMOTES COMMUNITY AND ECONOMIC DEVELOPMENT BY GROWING AND DEVELOPING CREATIVE ENTERPRISES, WHILE ENGAGING CHILDREN AND YOUTH IN CREATIVE AND ENTREPRENEURIAL EDUCATIONAL PROGRAMS

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,360,363
Program Service Revenue $1,454,890
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,815,253

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,124,690
Fundraising Expenses $128,605
Program Expenses $2,103,248
Other Expenses $1,404,044
TOTAL EXPENSES $2,528,734

Year-over-Year Comparison

2023 2022 Change
Revenue $2,815,253 $3,105,240 -0.1%
Expenses $2,528,734 $2,280,050 +0.1%
Net Income $286,519 $825,190 -0.7%
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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
35
Volunteers
50

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
5
$123,950
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY GOTTOVI EXECUTIVE DI 40.00
Officer
$123,950 $0 $123,950
LEESA WHICKER CHAIRPERSON 0.00
Officer Director
$0 $0 $0
LUANN FINKE BOARD VICE C 0.00
Officer Director
$0 $0 $0
BRUCE GHOLSON SECRETARY 0.00
Officer Director
$0 $0 $0
RUSSELL HOLLERS TREASURER 0.00
Officer Director
$0 $0 $0
JAIME GUERRERO DIRECTOR 0.00
Director
$0 $0 $0
MARK LEACH DIRECTOR 0.00
Director
$0 $0 $0
RUDI COLLOREDO MANSFIELD DIRECTOR 0.00
Director
$0 $0 $0
ELIZABETH PERRILL DIRECTOR 0.00
Director
$0 $0 $0
BRANDON PRATT DIRECTOR 0.00
Director
$0 $0 $0
IBRAHIM SAID DIRECTOR 0.00
Director
$0 $0 $0
THERMAN STATOM DIRECTOR 0.00
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 No data No data No data No data
2023 $2,815,253 $2,528,734 $7,207,852 $286,519
2022 $3,105,240 $2,280,050 $6,997,214 $825,190
2021 $2,029,343 $1,892,123 $6,130,359 $137,220
2020 $1,594,893 $1,641,347 $6,153,026 $-46,454
2019 $1,691,469 $1,887,488 $5,985,662 $-196,019
2018 $1,615,232 $1,814,925 $6,128,806 $-199,693
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare STARWORKS with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.