FOUNDATION FOR THE STARS

EIN: 880333179 501(c)(3) Arts, Culture & Humanities

Las Vegas, NV

Total Revenue
$106,689
Total Expenses
$106,689
Total Assets
$75,059
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
NV
Principal Officer
Carolyne Johns-Fuqua
Phone
7028920854
Tax Period
2023-01-01 to 2023-12-31

FOUNDATION FOR THE STARS, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $107K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum.

Mission

The primary objective of the Foundation for the S.T.A.R.S. (Souls Taking Action Reaching Souls) is to engage in the promotion of the arts, by providing instruction in singing, acting, dancing, writing, playing musical instruments, and to give public performances of all of the above by the Foundation's performing troupe. The S.T.A.R.S. singers (Singers Taking Action Reaching Souls) is a vocal ensemble formed exclusively for charitable purposes and consists of 8 professional trained singers that act as American Musical Ambassadors bringing peoples of all nations together through the universal language of music. The S.T.A.R.S. founded The International Music Exchange (T.I.M.E.) to promote the exchange of some of the amazing voices we've heard around the world with America and to extend our musical and cultural outreach.

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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 (2023)

Revenue Breakdown

Contributions & Grants $102,637
Program Service Revenue $4,052
Investment Income $0
Other Revenue $0
TOTAL REVENUE $106,689

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $106,052
Other Expenses $106,689
TOTAL EXPENSES $106,689

Year-over-Year Comparison

2023 2022 Change
Revenue $106,689 $81,246 +0.3%
Expenses $106,689 $91,810 +0.2%
Net Income $0 $-10,564 -1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
30

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Phillip Dignan Director 2
Director
$0 $0 $0
Nadine Risha Director 5
Director
$0 $0 $0
Carolyne J Fuqua Executive Director 10
Officer Director
$0 $0 $0
Frederica L Chapman Secretary & Director 10
Officer Director
$0 $0 $0
Ruth Ann Radiss Treasurer & Director 1
Officer 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 $106,689 $106,689 $75,059 No data
2022 $81,246 $91,810 $53,600 $-10,564
2021 $83,517 $74,422 $53,600 $9,095
2020 $69,719 $65,759 $48,613 $3,960
2019 $54,953 $62,976 $616,053 $-8,023
2018 $110,323 $111,247 $624,076 $-924
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