Stars Education Services Inc
Stars Education Services Inc. shows significant growth but faces recurring deficits and increasing liabilities.
EIN: 201343297 · Tallahassee, FL · NTEE: B29 · Updated: 2026-03-28
Is Stars Education Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stars Education Services Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stars Education Services Inc
Stars Education Services Inc (EIN: 201343297) is a nonprofit organization based in Tallahassee, FL, classified under NTEE code B29. The organization reported total revenue of $6.8M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stars Education Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stars Education Services Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 15.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.4M |
| Total Expenses | $7.4M |
| Surplus / Deficit | $-970,378 |
| Total Assets | $6.2M |
| Total Liabilities | $6.6M |
| Net Assets | $-380,330 |
| Operating Margin | -15.1% |
| Debt-to-Asset Ratio | 106.1% |
| Months of Reserves | 10.1 months |
Financial Health Grade: C
In 2024, Stars Education Services Inc reported a deficit of $970K with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 106.1% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Stars Education Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -5.8% | +10.7% | -13.7% |
| 2023 | +17.5% | +14.9% | +1.4% |
| 2022 | +3.1% | +8.7% | +200.8% |
| 2021 | +41.0% | +31.0% | +5.8% |
| 2020 | +7.1% | +7.3% | +33.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Stars Education Services Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Stars Education Services Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $970K, with expenses exceeding revenue.
- Debt-to-asset ratio: 106.1%.
Executive Compensation Analysis
Stars Education Services Inc. consistently reports 0% officer compensation across all available filings, which is unusual for an organization with annual revenues exceeding $6 million and suggests either a fully volunteer executive team or that executive compensation is categorized differently within their financial statements.
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 Stars Education Services Inc's IRS 990 filings:
- Expenses exceeding revenue in multiple periods (e.g., 2024, 2022, 2020, 2019, 2015), indicating potential operational deficits.
- Liabilities exceeding assets in the most recent filing (2024), suggesting a potentially precarious financial position or significant debt.
- Consistent reporting of 0% officer compensation, which may obscure actual leadership costs if not fully volunteer-led.
Strengths
The following positive indicators were identified for Stars Education Services Inc:
- Significant and consistent revenue growth over the past decade, from $1.2 million in 2015 to over $6.4 million in 2024.
- Substantial growth in assets, indicating an expanding operational capacity and resource base.
- Demonstrated ability to scale operations, with expenses increasing in line with revenue growth over the long term.
Frequently Asked Questions about Stars Education Services Inc
Is Stars Education Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Stars Education Services Inc (EIN: 201343297) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Stars Education Services Inc spend its money?
Stars Education Services Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stars Education Services Inc tax-deductible?
Stars Education Services Inc is registered as a tax-exempt nonprofit (EIN: 201343297). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does Stars Education Services Inc. consistently report 0% officer compensation?
The IRS 990 filings for Stars Education Services Inc. consistently show 0% officer compensation. This could indicate that executive leadership is entirely volunteer-based, or that compensation for key personnel is reported under other expense categories, such as salaries and wages for program or administrative staff, rather than specifically as officer compensation. Further detail from the full 990 form would be needed to clarify this.
What is the reason for the significant increase in liabilities, particularly in 2024 where they exceeded assets?
In the 2024 filing, Stars Education Services Inc. reported liabilities of $6,603,751, which exceeded its assets of $6,223,421. This could be due to various factors such as taking on new debt for expansion, significant accounts payable, or other financial obligations. A detailed look at the balance sheet in the full 990 would be necessary to understand the specific nature of these liabilities and their implications for the organization's financial stability.
How does Stars Education Services Inc. manage its recurring deficits, such as in 2024 where expenses exceeded revenue by nearly $1 million?
Stars Education Services Inc. has experienced several periods where expenses exceeded revenue, most recently in 2024 with a deficit of approximately $970,378 ($7,407,136 expenses - $6,436,758 revenue). Organizations typically cover deficits through reserves, drawing on prior year surpluses, or securing additional funding post-period. Persistent deficits, however, can indicate unsustainable spending patterns or a need for more robust fundraising strategies.
Filing History
IRS 990 filing history for Stars Education Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Stars Education Services Inc's revenue has grown by 475.6%, moving from $1.1M to $6.4M. Total assets increased by 5066% over the same period, from $120K to $6.2M. Total functional expenses rose by 598.5%, from $1.1M to $7.4M. In its most recent filing year (2024), Stars Education Services Inc reported a deficit of $970K, with expenses exceeding revenue. The organization holds $6.6M in liabilities against $6.2M in assets (debt-to-asset ratio: 106.1%), resulting in net assets of $-380,330.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $6.4M | $7.4M | $6.2M | $6.6M | — | View 990 |
| 2023 | $6.8M | $6.7M | $7.2M | $6.6M | — | — |
| 2022 | $5.8M | $5.8M | $7.1M | $6.7M | — | View 990 |
| 2021 | $5.6M | $5.4M | $2.4M | $1.9M | — | View 990 |
| 2020 | $4.0M | $4.1M | $2.2M | $2.1M | — | View 990 |
| 2019 | $3.7M | $3.8M | $1.7M | $1.4M | — | View 990 |
| 2018 | $3.8M | $3.6M | $1.6M | $1.2M | — | View 990 |
| 2017 | $3.5M | $3.3M | $1.2M | $1.0M | — | View 990 |
| 2016 | $2.8M | $2.5M | $407K | $433K | — | View 990 |
| 2015 | $1.2M | $1.3M | $7K | $7K | — | View 990 |
| 2014 | $1.1M | $1.1M | $173K | $60K | — | View 990 |
| 2013 | $1.1M | $1.1M | $150K | $29K | — | View 990 |
| 2012 | $1.1M | $1.1M | $120K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $6.4M, expenses of $7.4M, and assets of $6.2M (revenue -5.8% year-over-year).
- 2023: Revenue of $6.8M, expenses of $6.7M, and assets of $7.2M (revenue +17.5% year-over-year).
- 2022: Revenue of $5.8M, expenses of $5.8M, and assets of $7.1M (revenue +3.1% year-over-year).
- 2021: Revenue of $5.6M, expenses of $5.4M, and assets of $2.4M (revenue +41.0% year-over-year).
- 2020: Revenue of $4.0M, expenses of $4.1M, and assets of $2.2M (revenue +7.1% year-over-year).
- 2019: Revenue of $3.7M, expenses of $3.8M, and assets of $1.7M (revenue -1.5% year-over-year).
- 2018: Revenue of $3.8M, expenses of $3.6M, and assets of $1.6M (revenue +8.0% year-over-year).
- 2017: Revenue of $3.5M, expenses of $3.3M, and assets of $1.2M (revenue +23.8% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.5M, and assets of $407K (revenue +129.2% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.3M, and assets of $7K (revenue +12.2% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $173K (revenue -1.2% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $150K (revenue -0.2% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $120K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stars Education Services Inc:
Data Sources and Methodology
This transparency report for Stars Education Services Inc 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.