Hidden Star Resources
- Assets
- $483.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Austin, TX
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 81-2444402
Organization Overview
Hidden Star Resources is located in Austin, TX. The organization was established in 2016. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hidden Star Resources 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 12/2022, Hidden Star Resources generated $7.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (57.3%) each year. All expenses for the organization totaled $292.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HIDDEN STAR PROVIDES UNIQUE RESOURCES TO MINORITY AND DISADVANTAGED ENTREPRENEURS AND BUSINESS OWNERS BY GETTING THEM INTO OUR PROCESS AND HELPING THEM MOVE FROM "IDEA" TO A REAL START-UP WITH DRAMATICALLY IMPROVED ODDS OF SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derek Abbott Director | 2 | $0 | |
Charlotte Hawkins Director | 2 | $0 | |
Michael Dewey Director And President | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,895 |
| Total Revenue | $7,895 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $50,885 |
| Occupancy, rent, utilities, and maintenance | $12,633 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $223,306 |
| Total expenses | $292,574 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $480,496 |
| Other assets | $0 |
| Total assets | $483,431 |
| Total liabilities | $150,287 |
| Net assets or fund balances | $333,144 |