THE SHOOTING STAR FOUNDATION INC

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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

2016

Legal Domicile

Phone

7632294768

Tax Period

2023-01-01 to 2023-12-31

THE SHOOTING STAR FOUNDATION INC, founded in 2016, is a small nonprofit in the Education sector that reported $173K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $285K exceeded revenue, resulting in a 65% operating deficit.

Mission

WE ARE DEDICATED TO HELPING CHILDREN WITH SPECIAL NEEDS RECEIVE EARLY-INTERVENTIONAL THERAPY THAT CAN CHANGE THEIR LIVES.

Program Service Accomplishments

Program 1

Expenses: $226,170 Revenue: $0

WE GIVE FINANCIAL SCHOLARSHIPS TO SELECT THERAPY PROVIDERS WORKING WITH CHILDREN AGE 0-8 WITH DEVELOPMENTAL DELAYS; TO HELP PAY FOR EARLY-INTERVENTIONAL THERAPY NEEDED TO HELP THEM REACH THEIR FULL POTENTIAL. BY ENHANCING THEIR ACCESS TO THERAPY AT A CRITICAL PERIOD IN THEIR DEVELOPMENT, WE OFFER CHILDREN THE BEST OPPORTUNITY TO ENGAGE IN SCHOOL PROGRAMS AND BEYOND. 2023 KEY ACCOMPLISHMENTS WE PROVIDED SCHOLARSHIPS AND GRANTS TO FOUR LEADING PROVIDERS OF THERAPY FOR CHILDREN WITH SPECIAL NEEDS. 1) ST. DAVID'S CENTER, 2) FRASER, 3) SORA PEDIATRIC THERAPY, AND 4) SUNNYDAYS THERAPY. ST. DAVID'S CENTER: DURING 2023, WE AWARDED 14 NEW SCHOLARSHIP GRANTS FOR $42,320 TO DAVID'S CENTER. WE EXPECT TO AWARD ADDITIONAL SCHOLARSHIPS IN 2024 TO ST. DAVID'S CENTER AND RENEW SCHOLARSHIPS FOR 2024 FOR FAMILIES THAT STILL QUALIFY. FRASER: DURING 2023, WE AWARDED 15 NEW SCHOLARSHIPS FOR $34,800 TO FRASER. WE EXPECT TO AWARD ADDITIONAL SCHOLARSHIPS IN 2024 TO FRASER AND RENEW SCHOLARSHIPS FOR 2023 FOR FAMILIES THAT STILL QUALIFY. SORA PEDIATRIC THERAPY: DURING 2023, WE AWARDED 19 NEW SCHOLARSHIPS TOTAL $65,193 HOWEVER, THEY WERE PURCHASED BY IVY REHABILITATION IN THE LAST QUARTER OF 2023, AND $29,000 OF THE AWARDED SCHOLARSHIPS ARE COMING BACK REFUNDED TO US IN 2024, ALTHOUGH SOME SCHOLARSHIP RECIPIENTS ARE CONTINUING TO USE THEIR AWARDS INTO 2024. KID TALK: DURING 2023, WE AWARDED 0 NEW SCHOLARSHIP TO KID TALK. WE EXPECT TO AWARD ADDITIONAL SCHOLARSHIPS IN 2024 TO KID TALK AND RENEW SCHOLARSHIPS FOR 2024 FOR FAMILIES THAT STILL QUALIFY. SUNNYDAYS THERAPY: DURING 2023, WE AWARDED 20 NEW SCHOLARSHIPS GRANTS FOR $51,815 TO SUNNYDAYS THERAPY. WE EXPECT TO AWARD ADDITIONAL SCHOLARSHIPS IN 2024 TO SUNDAYDAYS THERAPY AND RENEW SCHOLARSHIPS FOR 2024 FOR FAMILIES THAT STILL QUALIFY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $210,130

Program Service Revenue $0

Investment Income $0

Other Revenue $-37,320

TOTAL REVENUE $172,810

Expense Breakdown

Grants Paid $194,128

Salaries & Benefits $38,366

Fundraising Expenses $34,634

Program Expenses $226,170

Other Expenses $51,581

TOTAL EXPENSES $285,075

Year-over-Year Comparison

	2023	2022	Change
Revenue	$172,810	$233,696	-0.3%
Expenses	$285,075	$153,721	+0.9%
Net Income	$-112,265	$79,975	-2.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$34,920

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	CHAIR	1.0	Officer Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	CO-FOUNDER & DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	EXECUTIVE DIRECTOR	20.0	Officer	$34,920	$0	$34,920

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	$172,810	$285,075	$368,477	$-112,265
2022	$233,696	$153,721	$479,366	$79,975
2021	$292,982	$109,647	$415,353	$183,335