Shooting Star Foundation Inc
- Assets
- $415.4k
- Revenue
- $293.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Eden Prairie, MN
- Founding
- 10/2016
- Data as of
- 12/2021
- EIN
- 81-3983985
Organization Overview
Shooting Star Foundation Inc is located in Eden Prairie, MN. The organization was established in 2016. According to its NTEE Classification (B28) the organization is classified as: Special Education, 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. Shooting Star 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, Shooting Star Foundation Inc generated $293.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $109.6k during the year ending 12/2021. While expenses have increased by 31.0% per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED IN 2016, THE SHOOTING STAR FOUNDATION IS A CHRISTIAN NON-PROFIT ORGANIZATION THAT PROVIDES FINANCIAL ASSISTANCE FOR EARLY-INTERVENTIONAL THERAPY FOR SPECIAL NEEDS CHILDREN FROM BIRTH TO AGE SIX TO ENHANCE LIFE-CHANGING DEVELOPMENT DURING THIS CRITICAL PERIOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE GIVE FINANCIAL SCHOLARSHIPS TO SELECT THERAPY PROVIDERS WORKING WITH CHILDREN AGE 0-8 WITH DEVELOPMENTAL DELAYS; TO HELP PAY FOR EARLY-INTERVENTIONAL THERAPY NEEDED TO HELP THEM REACH THEIR FULL POTENTIAL. BY ENHANCING THEIR ACCESS TO THERAPY AT A CRITICAL PERIOD IN THEIR DEVELOPMENT, WE OFFER CHILDREN THE BEST OPPORTUNITY TO ENGAGE IN SCHOOL PROGRAMS AND BEYOND.2021 KEY ACCOMPLISHMENTSWE PROVIDED SCHOLARSHIPS AND GRANTS TO FOUR LEADING PROVIDERS OF THERAPY FOR CHILDREN WITH SPECIAL NEEDS. 1) ST. DAVID'S CENTER, 2) FRASER, 3) GILLETTE CHILDREN'S SPECIALTY HEALTHCARE, AND 4) SUNNYDAYS THERAPYST. DAVID'S CENTER: DURING 2021, WE AWARDED 2 NEW SCHOLARSHIP GRANTS TO DAVID'S CENTER. WE EXPECT TO AWARD ADDITIONAL SCHOLARSHIPS IN 2022 TO ST. DAVID'S CENTER AND RENEW SCHOLARSHIPS FOR 2022 FOR FAMILIES THAT STILL QUALIFY.FRASER: DURING 2021, WE AWARDED 9 NEW SCHOLARSHIPS TO FRASER. WE EXPECT TO AWARD ADDITIONAL SCHOLARSHIPS IN 2022 TO FRASER AND RENEW SCHOLARSHIPS FOR 2022 FOR FAMILIES THAT STILL QUALIFY.GILLETTE CHILDREN'S SPECIALTY HEALTHCARE: DURING 2021, WE AWARDED 4 SCHOLARSHIP GRANTS TO GILLETTE CHILDREN'S SPECIALTY HEALTHCARE. WE EXPECT TO AWARD ADDITIONAL SCHOLARSHIPS IN 2022 TO GILLETTE CHILDREN'S SPECIALTY HEALTHCARE FOR 2022 FOR FAMILIES THAT STILL QUALIFY.KID TALK: DURING 2021, WE AWARDED 0 NEW SCHOLARSHIP TO KID TALK. WE EXPECT TO AWARD ADDITIONAL SCHOLARSHIPS IN 2022 TO KID TALK AND RENEW SCHOLARSHIPS FOR 2022 FOR FAMILIES THAT STILL QUALIFY.SUNNYDAYS THERAPY: DURING 2021, WE AWARDED 2 NEW SCHOLARSHIPS GRANTS TO SUNNYDAYS THERAPY. WE EXPECT TO AWARD ADDITIONAL SCHOLARSHIPS IN 2022 TO FRASER GROUP AND RENEW SCHOLARSHIPS FOR 2022 FOR FAMILIES THAT STILL QUALIFY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry Swanson Executive Director | Officer | 20 | $14,370 |
Kirk Spresser Chairman Of The Board | OfficerTrustee | 1 | $0 |
Joe Biller Co-Founder & Board Member | Trustee | 1 | $0 |
Melissa Biller Co-Founder & Board Member | Trustee | 1 | $0 |
Mike Boyle Board Member | Trustee | 1 | $0 |
Desmond Nation Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $146,601 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $180,416 |
| Noncash contributions included in lines 1a–1f | $106,274 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $327,017 |
| Total Program Service Revenue | $0 |
| 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 | -$34,035 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $292,982 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $58,750 |
| 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. | $14,370 |
| Compensation of current officers, directors, key employees. | $3,593 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,141 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,580 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $22,367 |
| Office expenses | $916 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $109,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $415,353 |
| 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 | $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 | $415,353 |
| Accounts payable and accrued expenses | $15,962 |
| 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 | $15,962 |
| Net assets without donor restrictions | $399,391 |
| 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 | $415,353 |
Grants Awarded
Over the last fiscal year, Shooting Star Foundation Inc has awarded $55,750 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: EARLY-INTERVENTIONAL THERAPY | $29,988 |
Minnetonka, MN PURPOSE: GENERAL OPERATING GRANT | $18,123 |
SUNNY DAYS THERAPY PURPOSE: GENERAL OPERATING GRANT | $7,639 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Shooting Star Foundation Inc has recieved totaling $28,920.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $11,800 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,722 |
C H Robinson Worldwide Foundation Sioux Falls, SD PURPOSE: GENERAL OPERATING FUND | $5,000 |
Oshay Family Foundation San Leandro, CA PURPOSE: GENERAL FUND | $1,000 |
Pohlad Family Foundation Minneapolis, MN PURPOSE: GENERAL OPERATING | $350 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $48 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anne Carlsen Center Jamestown, ND | $12,633,882 | $37,481,986 |
La Causa Inc Milwaukee, WI | $21,522,910 | $16,623,620 |
Summit Academy Oic Minneapolis, MN | $17,542,372 | $16,544,974 |
Groves Academy St Louis Park, MN | $27,486,120 | $17,504,895 |
Chileda Institute Inc La Crosse, WI | $16,643,719 | $12,257,585 |
Northeast Residence Inc White Bear Lake, MN | $10,561,990 | $9,409,360 |
Metro Deaf School Inc Saint Paul, MN | $5,404,852 | $8,171,369 |
Lake Region Corporation Devils Lake, ND | $4,659,780 | $9,506,457 |
Shepherds Baptist Ministries Inc Union Grove, WI | $10,932,314 | $7,438,958 |
New Century School St Paul, MN | $4,915,885 | $6,864,275 |
Phoenix Alternatives Inc White Bear Lake, MN | $5,941,141 | $7,421,750 |
Laura Baker School Association Northfield, MN | $5,414,331 | $5,578,294 |