Stars Education Services Inc
- Assets
- $7.1m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 123
- Location
- Tallahassee, FL
- Founding
- 07/2007
- Data as of
- 06/2022
- EIN
- 20-1343297
Organization Overview
Stars Education Services Inc, operating under the name Tallahassee School Of Math And Science, is located in Tallahassee, FL. The organization was established in 2007. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Tallahassee School Of Math And Science employed 123 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tallahassee School Of Math And Science 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 06/2022, Tallahassee School Of Math And Science generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $5.8m during the year ending 06/2022. While expenses have increased by 12.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A CHARTER SCHOOL IN THE STATE OF FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENTS WILL BE TAUGHT TO LEARN LANGUAGE ARTS, MATHEMATICS, SOCIAL STUDIES, HISTORY, SCIENCE, FOREIGN LANGUAGE, COMPUTER TECHNOLOGY, MUSIC, AND OTHER SUBJECTS THROUGH PROJECTS AND THEME BASED UNITS THAT ARE COLLABORATIVELY PLANNED BY STUDENTS, TEACHERS AND FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ahmet Temel Principal | Officer | 40 | $0 |
Mark Bourassa Member | Trustee | 1 | $0 |
Dr Dogan Tozoglu President | Trustee | 1 | $0 |
Bill Gladwin Vice Chair | Trustee | 1 | $0 |
Dr Ugur Baslanti Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sla Management Food Service | 6/29/22 | $246,743 |
3434 Monroe Holdings Llc Facility Rent | 6/29/22 | $604,522 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,695,261 |
| Investment income | $0 |
| 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 | $5,812,781 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $273,866 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $417,608 |
| Insurance | $0 |
| All other expenses | $2,109,918 |
| Total functional expenses | $5,826,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,204,099 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $37,102 |
| Accounts receivable, net | $1,116 |
| 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 | $45,012 |
| Net Land, buildings, and equipment | $4,595,523 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,232,863 |
| Total assets | $7,115,715 |
| Accounts payable and accrued expenses | $96,387 |
| 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 | $6,569,304 |
| Total liabilities | $6,665,691 |
| Net assets without donor restrictions | $0 |
| 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 | $247,774 |
| Retained earnings, endowment, accumulated income, or other funds | $202,250 |
| Total liabilities and net assets/fund balances | $7,115,715 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Stars Education Services Inc has recieved totaling $145.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $145 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Foundation For Osceola Education Inc Kissimmee, FL | $17,231,201 | $18,787,939 |
Lake Technical College Inc Eustis, FL | $17,510,446 | $18,253,168 |
Northstar Academies Inc Fort Lauderdale, FL | $8,255,029 | $17,151,740 |
Global Outreach Charter Academys Jacksonville, FL | $28,025,971 | $16,215,591 |
Coastal Plains Education Center Inc Metter, GA | $21,944,449 | $17,839,473 |
National Ben Gamla Charter Schoolfoundation Inc Miami, FL | $11,814,149 | $15,804,589 |
Lincoln Marti Charter Schools Inc Miami, FL | $12,862,040 | $15,316,634 |
Ridgeview Global Studies Academy Inc Davenport, FL | $23,553,699 | $16,444,024 |
Wesley International Academy Inc Atlanta, GA | $9,201,005 | $14,194,787 |
City Of Belle Isle Charter Schools Inc Miami, FL | $12,550,374 | $14,274,361 |
Sarasota Military Academy Inc Sarasota, FL | $22,680,421 | $14,952,313 |
Minneola Charter Schools Inc Minneola, FL | $14,329,481 | $14,463,653 |