Starfish Accelerator Foundation

EIN: 862288129 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$20,127
Total Expenses
$315,078
Total Assets
$208,927
Net Assets
$208,927
🔒

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
2021
Legal Domicile
CA
Phone
3472675589
Tax Period
2025-01-01 to 2025-12-31

Starfish Accelerator Foundation, founded in 2021, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $20K in total revenue in fiscal year 2025. Expenses of $315K exceeded revenue, resulting in a 1465% operating deficit.

Mission

The Corporation is formed for charitable purposes including, without limitation, receiving contributions of money and property and using its income and principal assets exclusively for charitable, scientific, literary, and educational purposes in support of BIPOC artists and creatives, either directly or by making gifts, grants and contributions to organizations, including, but not limited to, those that are described in Code Section 501c3.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $20,127
Other Revenue $0
TOTAL REVENUE $20,127

Expense Breakdown

Grants Paid $0
Salaries & Benefits $92,044
Fundraising Expenses $0
Other Expenses $223,034
TOTAL EXPENSES $315,078

Year-over-Year Comparison

2025 2024 Change
Revenue $20,127 N/A N/A
Expenses $315,078 $193,137 +0.6%
Net Income $-294,951 $-193,137 +0.5%
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
3
Independent Members
N/A
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
3
$49,250
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAHYAD MOVAFFAGHI-TOUSI Director 4.00
Officer
$49,250 $0 $49,250
SIAN MORSON Director 4.00
Officer
$0 $0 $0
REZA ASLAN Director 4.00
Officer
$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
2025 $20,127 $315,078 $208,927 $-294,951
2024 No data $193,137 $507,156 No data
2023 $50,000 $112,882 $700,293 $-62,882
2022 $238,215 $62,210 $753,925 $176,005
2021 $675,890 $100,970 $574,920 $574,920
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Starfish Accelerator Foundation with other nonprofits in New York and across the country.