Youth Stars Inc
- Assets
- $2.1k
- Revenue
- $62.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Forest Hills, NY
- Founding
- 02/2017
- Data as of
- 06/2024
- EIN
- 47-4674418
Organization Overview
Youth Stars Inc is located in Forest Hills, NY. The organization was established in 2017. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Stars 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 06/2024, Youth Stars Inc generated $62.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (29.8%) each year. All expenses for the organization totaled $64.3k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH STARS IS A RECOGNIZED 501C3 NON-PROFIT ACADEMIC SPORTS ASSOCIATION. YOUTH STARS PROVIDES ATHLETICS AND ACADEMIC SUPPORT TO INNER CITY YOUTH WHO COME FROM LOW-INCOME COMMUNITIES WITH LIMITED RESOURCES AND FURTHER EXTENDS SERVICES TO INNER-CITY COMMUNITY THROUGH THE WELLNESS RUNNING PROGRAM. YOUTH STARS GAOL IS TO PROVIDE YOUTH WITH OPPORTUNITIES TO BE SUCCESSFUL IN LIFE BY USE OF FREE EDUCATIONAL SUPPORT AND SPORTS SERVICES. YOUTH STARS LOOKS TO PROMOTE THE IMPORTANCE OF EDUCATION AND ENCOURAGE YOUTH TO STAY IN SCHOOL AND MAINTAIN A DRUG-FREE ENVIRONMENT. WE ENCOURAGE THE YOUTH TO MAINTAIN GOOD GRADES WHILE ALSO ENCOURAGING THEM AND THEIR COMMUNITIES TO REMAIN HEALTHY BY BEING ACTIVE IN SPORTS AND RUNNING. YOUTH STARS MOST SIGNIFICANT ACTIVITY IF THE TUTORING PROGRAM. THROUGH OUR INVOLVEMENT WITH THE BASKETBALL AND WELLNESS PROGRAMS WE ARE ABLE TO MONITOR AND EXERICE ACADEMIC RIGORS NEEDED FOR THE REAL WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASKETBALL PROGRAM
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Cedeno CEO And Founder | Officer | 40 | $0 |
Alyssa Guerra Board Member | Officer | 10 | $0 |
James Swint Board Member | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $722 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,018 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,740 |
| Total Program Service Revenue | $0 |
| Investment income | $3 |
| 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 | $62,743 |
| 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 | $3,458 |
| 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 | $19,005 |
| Office expenses | $3,016 |
| Information technology | $4,602 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,728 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,994 |
| Interest | $2,958 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,207 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $64,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211 |
| Savings and temporary cash investments | $0 |
| 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 | $345 |
| Net Land, buildings, and equipment | $1,508 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,064 |
| Accounts payable and accrued expenses | $5,244 |
| 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 | $45,210 |
| Total liabilities | $50,454 |
| Net assets without donor restrictions | -$45,210 |
| Net assets with donor restrictions | -$3,180 |
| 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 | $2,064 |