Star Foundation
Star Foundation accumulates significant assets with minimal reported expenses over the past decade.
EIN: 200292721 · Houston, TX · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $19K |
| Program Spending | 95% |
| Net Assets | $20.2M |
| Transparency Score | 60/100 |
Is Star Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Star Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Star Foundation
Star Foundation (EIN: 200292721) is a nonprofit organization based in Houston, TX, classified under NTEE code T21. The organization reported total revenue of $1.0M and total assets of $21.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Star Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Star Foundation is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.3M |
| Total Expenses | $19K |
| Surplus / Deficit | +$15.3M |
| Total Assets | $20.2M |
| Total Liabilities | $1 |
| Net Assets | $20.2M |
| Operating Margin | 99.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 12795.8 months |
Financial Health Grade: A
In 2023, Star Foundation reported a surplus of $15.3M with revenue exceeding expenses, holds 12795.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Star Foundation's revenue has grown at a compound annual growth rate (CAGR) of 16.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +285.6% | -73.5% | +128.3% |
| 2022 | +128.2% | -33.0% | +13.6% |
| 2021 | +96.8% | +53.1% | +26.5% |
| 2020 | +647.1% | -96.9% | +14.4% |
| 2019 | -91.2% | +719.2% | +76.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Star Foundation with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Star Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, suggesting either a fully volunteer-led structure or that executive compensation is not separately disclosed, which could obscure the true cost of leadership.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Star Foundation's IRS 990 filings:
- Extremely low expense ratio relative to revenue (e.g., $15.2M revenue vs. $18.9K expenses in 2023).
- Significant asset accumulation without corresponding program spending.
- Consistent reporting of $1 in liabilities in recent years.
- Unclear program activities given minimal reported expenses.
- No reported officer compensation across all filings.
Strengths
The following positive indicators were identified for Star Foundation:
- Strong revenue generation capacity, as evidenced by $15.2 million in 2023.
- Substantial asset base of over $20 million, providing financial stability.
- No reported officer compensation, indicating potential volunteer leadership or highly efficient operations.
Frequently Asked Questions about Star Foundation
Is Star Foundation a legitimate charity?
Star Foundation (EIN: 200292721) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 60/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.0M. 5 red flags identified. 3 strengths noted. Financial health grade: A.
How does Star Foundation spend its money?
Star Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Star Foundation tax-deductible?
Star Foundation is registered as a tax-exempt nonprofit (EIN: 200292721). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Star Foundation compare to similar nonprofits?
With a transparency score of 60/100 (Good), Star Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Star Foundation located?
Star Foundation is headquartered in Houston, Texas and files with the IRS under EIN 200292721. It is classified under NTEE code T21.
How many years of IRS 990 filings does Star Foundation have?
Star Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.0M in total revenue.
Why are Star Foundation's reported expenses consistently so low relative to its revenue?
The filings show a pattern where revenue far exceeds expenses, for instance, $15.2M in revenue against $18.9K in expenses in 2023, leading to significant asset growth rather than program spending.
What is the nature of Star Foundation's program activities, given its minimal reported expenses?
With expenses as low as $18,964 in 2023 against $15.2 million in revenue, it's unclear how substantial program activities are being funded or what specific programs are being delivered.
How does Star Foundation manage to operate with $0 reported officer compensation?
All available filings indicate 0% officer compensation, which is unusual for an organization with over $20 million in assets and suggests a volunteer-based leadership or alternative compensation reporting.
What accounts for the rapid increase in assets from $754 in 2011 to over $20 million in 2023?
The substantial difference between reported revenues and expenses each year has led to a significant accumulation of assets, growing from $754 in 2011 to $20.2 million in 2023.
Why are liabilities consistently reported as $1 in recent years?
The consistent reporting of $1 in liabilities for several recent periods (e.g., 2020-2023) is an unusual accounting practice that warrants further clarification.
Filing History
IRS 990 filing history for Star Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Star Foundation's revenue has grown by 550.6%, moving from $2.4M to $15.3M. Total assets increased by 2681816.3% over the same period, from $754 to $20.2M. Total functional expenses fell by 98.1%, from $1.0M to $19K. In its most recent filing year (2023), Star Foundation reported a surplus of $15.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $20.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $20.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.3M | $19K | $20.2M | $1 | — | — |
| 2022 | $4.0M | $72K | $8.9M | $1 | — | View 990 |
| 2021 | $1.7M | $107K | $7.8M | $1 | — | View 990 |
| 2020 | $883K | $70K | $6.2M | $1 | — | View 990 |
| 2019 | $118K | $2.3M | $5.4M | $0 | — | View 990 |
| 2015 | $1.3M | $278K | $3.1M | $0 | — | View 990 |
| 2014 | $21K | $1.0M | $2.0M | $0 | — | View 990 |
| 2013 | $7K | $1.0M | $3.0M | $0 | — | View 990 |
| 2012 | $5.0M | $1.0M | $4.0M | $0 | — | View 990 |
| 2011 | $2.4M | $1.0M | $754 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.3M, expenses of $19K, and assets of $20.2M (revenue +285.6% year-over-year).
- 2022: Revenue of $4.0M, expenses of $72K, and assets of $8.9M (revenue +128.2% year-over-year).
- 2021: Revenue of $1.7M, expenses of $107K, and assets of $7.8M (revenue +96.8% year-over-year).
- 2020: Revenue of $883K, expenses of $70K, and assets of $6.2M (revenue +647.1% year-over-year).
- 2019: Revenue of $118K, expenses of $2.3M, and assets of $5.4M (revenue -91.2% year-over-year).
- 2015: Revenue of $1.3M, expenses of $278K, and assets of $3.1M (revenue +6269.2% year-over-year).
- 2014: Revenue of $21K, expenses of $1.0M, and assets of $2.0M (revenue +183.6% year-over-year).
- 2013: Revenue of $7K, expenses of $1.0M, and assets of $3.0M (revenue -99.9% year-over-year).
- 2012: Revenue of $5.0M, expenses of $1.0M, and assets of $4.0M (revenue +112.8% year-over-year).
- 2011: Revenue of $2.4M, expenses of $1.0M, and assets of $754.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Star Foundation:
Data Sources and Methodology
This transparency report for Star Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.