Catch The Stars Foundation Inc
- Assets
- $864.0k
- Revenue
- $343.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 10/2004
- Data as of
- 12/2021
- EIN
- 05-0604202
Organization Overview
Catch The Stars Foundation Inc is located in Indianapolis, IN. The organization was established in 2004. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catch The Stars Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Catch The Stars Foundation Inc generated $343.2k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $262.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE ASSISTANCE TO YOUTH IN THE INDIANAPOLIS INDIANA AREA IN THE FORM OF YOUTH PROGRAMS THAT PROVIDE LITERACY, FITNESS AND MENTORING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CATCH THE STARS SCHOLAR ATHLETE PROGRAM THE CATCH THE STARS FOUNDATION SCHOLAR ATHLETE AND SCHOLARSHIPS WERE DESIGNED TO RECOGNIZE AND HONOR INDIANAPOLIS AREA STUDENTS WHO PARTICIPATE IN ATHLETICS, WHILE AT THE SAME TIME, EXCEL IN ACADEMICS AND COMMUNITY SERVICE. ONE MALE AND ONE FEMALE SCHOLARSHIP WINNER IS AWARDED A FOUR-YEAR RENEWABLE $5,000 (VALUED AT $20,000) EACH TO AN EDUCATIONAL INSTITUTION OF THEIR CHOICE. CATCH THE STARS HAS GIVEN OVER $600,000 IN SCHOLARSHIPS SINCE THIS PROGRAMS INCEPTION.
CATCH THE STARS YOUTH HOLIDAY BASKETBALL CAMP THIS BASKETBALL CAMP IS IN ITS 21ST YEAR OF THE CAMP, DURING WHICH, IT HAS GROWN TO BECOME A WELL-RESPECTED YOUTH BASKETBALL CAMP IN THE INDIANAPOLIS AREA. SINCE 2001, OVER 5,000 INDIANAPOLIS AREA YOUTH HAVE LEARNED BASKETBALL FUNDAMENTALS, TEAMWORK, SPORTSMANSHIP AND GOAL SETTING THROUGH THEIR PARTICIPATION TO DATE.
BACK TO SCHOOL CELEBRATION FOR THE PAST THIRTEEN YEARS, THE CATCH THE STARS FOUNDATION HAS HOSTED THIS FUN-FILLED OUTREACH PROGRAM TO GET LOCAL YOUTH MOTIVATED AND EXCITED ABOUT THE UPCOMING SCHOOL YEAR. OVER 1,000 BACKPACKS FILLED WITH SCHOOL SUPPLIES WERE GIVEN TO STUDENTS, GRADES 1 12 AT THIS YEARS EVENT. THE EVENT ALSO INCLUDES FREE FOOD, BOUNCE HOUSES, PERFORMANCES BY LOCAL DANCE GROUPS AND A COMMUNITY FAIR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tauja Catchings Executive Director | OfficerTrustee | 40 | $60,747 |
Joshua Management Group Pt Administrative Contractor | Trustee | 10 | $6,000 |
Reggan Melson Pt Program Contractor | Trustee | 10 | $6,000 |
Von Watts Marketing Contractor | Trustee | 5 | $4,320 |
Emily Cross Board Member | Trustee | 5 | $0 |
Edward Rogers Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $55,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $178,642 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $233,642 |
| Total Program Service Revenue | $15,835 |
| Investment income | $93,721 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $343,198 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $63,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,448 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $616 |
| Fees for services: Accounting | $2,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,869 |
| Office expenses | $390 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,168 |
| Travel | $977 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $835 |
| All other expenses | $103,871 |
| Total functional expenses | $262,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,419 |
| Savings and temporary cash investments | $724,614 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $864,033 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $864,033 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $864,033 |