Lone Star Foundation
- Assets
- $515.5k
- Revenue
- $11.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Copley, OH
- Founding
- 07/1969
- Data as of
- 12/2021
- EIN
- 23-7031650
Organization Overview
Lone Star Foundation is located in Copley, OH. The organization was established in 1969. According to its NTEE Classification (U31) the organization is classified as: Astronomy, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lone Star Foundation 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, Lone Star Foundation generated $11.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 73.3% each year .
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Nissel Treasurer | 1 | $0 | |
William Broadhurst Chairman | 2 | $0 | |
Mark Mourton Trustee | 1 | $0 | |
Robert Keith Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,971 |
| Interest on Savings | $49 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,020 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $358 |
| Total operating and administrative expenses | $358 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $358 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,007 |
| Savings and temporary cash investments | $501,457 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $515,464 |
| Accounts payable and accrued expenses | $65,500 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $65,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lone Star Foundation has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Corinne L Dodero Charitable Tr For The Arts And Sciences Cleveland, OH PURPOSE: OPERATING | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mufon Mutual Ufo Network Inc Cincinnati, OH | $218,609 | $652,539 |
Order Italian Sons And Daughters Of America Washington, PA | $401,344 | $236,859 |
Tau Zero Foundation Inc Parma, OH | $24,518 | $154,653 |
Blue Star Mothers Of America Inc Atlanta, MI | $268,790 | $0 |
Order Of Eastern Star Of West Virginia Buckhannon, WV | $4,228,932 | $581,661 |
Orions Quest Livonia, MI | $15,500 | $0 |
Order Of Eastern Star Of Indiana Spencerville, IN | $123,046 | $0 |
Society For Mass Spectrometry Imaging Unionville, PA | $30,160 | $0 |
The Cincinnati Astronomical Society Cleves, OH | $0 | $20,276 |
Order Of Eastern Star Of Indiana Terre Haute, IN | $1 | $0 |
Ancient Astronaut Society Inc Franklin, KY | $0 | $0 |
Lone Star Foundation Copley, OH | $515,464 | $11,020 |