KASSIR FAMILY FOUNDATION - FUTURE STARS PHILANTHROPY FOR KIDS

EIN: 934550898 501(c)(3)

ROGERS, AR

Total Revenue
$1,000,000
Total Expenses
N/A
Total Assets
$1,000,000
Net Assets
$1,000,000
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
AR
Principal Officer
RAMTIN KASSIR
Phone
9736929300
Tax Period
2023-11-11 to 2023-12-31

KASSIR FAMILY FOUNDATION - FUTURE STARS PHILANTHROPY FOR KIDS, founded in 2023, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023.

Mission

THE PRIMARY PURPOSE OF THE CORPORATION IS TO (1)PROVIDE EDUCATIONAL OPPURTUNITIES AND SCHOLARSHIPS FOR CHILDREN AND YOUNG INDIVIDUALS (2) SUPPORT PLASTIC SURGERY INTERVENTIONS FOR CHILDREN FACING TRAUMA AND CONGENITAL DEFECTS, SUCH AS CLEFT PALATE REPAIR; (3)ADVANCE GENETIC RESEARCH FOR THE BENEFIT OF CHILDREN'S HEALTH AND WELL BEING AND (4)ENGAGE IN ANY OTHER ACTIVITIES THAT FURTHER THESE EXEMPT PURPOSES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,000,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,000,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $1,000,000 N/A N/A
Expenses N/A N/A N/A
Net Income N/A N/A N/A
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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Governance

Voting Members
3
Independent Members
3
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
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAMTIN KASSIR PRESIDENT 2.00
Officer Director
$0 $0 $0
SHEILA KASSIR TREASURER 2.00
Officer Director
$0 $0 $0
AMIR MAHJOORY VP AND SECRETARY 2.00
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
2023 $1,000,000 No data $1,000,000 No data
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