Starfish Foundation
EIN: 274382828 · Sand Springs, OK · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $2K |
| Net Assets | $40K |
Is Starfish Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Starfish Foundation
Starfish Foundation (EIN: 274382828) is a nonprofit organization based in Sand Springs, OK, classified under NTEE code B82. The organization reported total revenue of $4K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Starfish Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Starfish Foundation is a micro nonprofit that has been operating for 13 years, with 8 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $2K |
| Surplus / Deficit | $-553 |
| Total Assets | $40K |
| Total Liabilities | $1 |
| Net Assets | $40K |
| Operating Margin | -34.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 225.5 months |
Financial Health Grade: B
In 2023, Starfish Foundation reported a deficit of $553 with expenses exceeding revenue, holds 225.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2013–2023), Starfish Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.1% | +24.3% | -1.4% |
| 2022 | -73.1% | +149.9% | -0.2% |
| 2021 | +197.7% | -3.9% | +18.7% |
| 2020 | +336.6% | +92.5% | +4.1% |
| 2019 | -97.0% | +3.6% | +17.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Starfish Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Starfish Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $553, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Starfish Foundation
Is Starfish Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Starfish Foundation (EIN: 274382828) insufficient data. 0 red flags identified, 0 strengths noted.
How does Starfish Foundation spend its money?
Detailed spending breakdown data is not yet available for Starfish Foundation. Check back for updated IRS 990 analysis.
Are donations to Starfish Foundation tax-deductible?
Starfish Foundation is registered as a tax-exempt nonprofit (EIN: 274382828). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Starfish Foundation located?
Starfish Foundation is headquartered in Sand Springs, Oklahoma and files with the IRS under EIN 274382828. It is classified under NTEE code B82.
How many years of IRS 990 filings does Starfish Foundation have?
Starfish Foundation has 8 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 $4K in total revenue.
Filing History
IRS 990 filing history for Starfish Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2023), Starfish Foundation's revenue has declined by 57.1%, moving from $4K to $2K. Total assets increased by 158.1% over the same period, from $16K to $40K. Total functional expenses fell by 7.3%, from $2K to $2K. In its most recent filing year (2023), Starfish Foundation reported a deficit of $553, with expenses exceeding revenue. The organization holds $1 in liabilities against $40K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $40K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $2K | $40K | $1 | — | — |
| 2022 | $2K | $2K | $41K | $1 | — | — |
| 2021 | $6K | $692 | $41K | $1 | — | — |
| 2020 | $2K | $720 | $35K | $1 | — | — |
| 2019 | $475 | $374 | $33K | $0 | — | View 990 |
| 2015 | $16K | $361 | $28K | $0 | — | View 990 |
| 2014 | $2K | $5K | $13K | $0 | — | View 990 |
| 2013 | $4K | $2K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $2K, and assets of $40K (revenue -4.1% year-over-year).
- 2022: Revenue of $2K, expenses of $2K, and assets of $41K (revenue -73.1% year-over-year).
- 2021: Revenue of $6K, expenses of $692, and assets of $41K (revenue +197.7% year-over-year).
- 2020: Revenue of $2K, expenses of $720, and assets of $35K (revenue +336.6% year-over-year).
- 2019: Revenue of $475, expenses of $374, and assets of $33K (revenue -97.0% year-over-year).
- 2015: Revenue of $16K, expenses of $361, and assets of $28K (revenue +965.9% year-over-year).
- 2014: Revenue of $2K, expenses of $5K, and assets of $13K (revenue -59.6% year-over-year).
- 2013: Revenue of $4K, expenses of $2K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Starfish Foundation:
Data Sources and Methodology
This transparency report for Starfish 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.