Starshine Academy
EIN: 542105213 · Phoenix, AZ
| Metric | Value |
|---|---|
| Total Expenses | $3.1M |
| Net Assets | $-2,985,484 |
Is Starshine Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Starshine Academy
Starshine Academy (EIN: 542105213) is a nonprofit organization based in Phoenix, AZ. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Starshine Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Starshine Academy is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $3.1M |
| Surplus / Deficit | $-988,072 |
| Total Assets | $9.6M |
| Total Liabilities | $12.6M |
| Net Assets | $-2,985,484 |
| Operating Margin | -46.1% |
| Debt-to-Asset Ratio | 130.9% |
| Months of Reserves | 37.0 months |
Financial Health Grade: C
In 2016, Starshine Academy reported a deficit of $988K with expenses exceeding revenue, holds 37.0 months of operating reserves (strong position), has a debt-to-asset ratio of 130.9% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Starshine Academy's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -29.0% | -17.9% | -3.7% |
| 2015 | -1.7% | -11.0% | -4.4% |
| 2014 | +48.8% | +125.1% | +53.0% |
| 2013 | +95.6% | +58.2% | +1592.2% |
| 2012 | -27.3% | -18.6% | +55.0% |
AI Analysis Pending
AI enrichment for Starshine Academy 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 Starshine Academy 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $988K, with expenses exceeding revenue.
- Debt-to-asset ratio: 130.9%.
Frequently Asked Questions about Starshine Academy
Is Starshine Academy a legitimate charity?
Starshine Academy (EIN: 542105213) is a registered tax-exempt nonprofit based in Arizona. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Starshine Academy spend its money?
Starshine Academy reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Starshine Academy tax-deductible?
Starshine Academy is registered as a tax-exempt nonprofit (EIN: 542105213). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Starshine Academy located?
Starshine Academy is headquartered in Phoenix, Arizona and files with the IRS under EIN 542105213.
How many years of IRS 990 filings does Starshine Academy have?
Starshine Academy has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Starshine Academy showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Starshine Academy's revenue has grown by 47.8%, moving from $1.5M to $2.1M. Total assets increased by 3593.9% over the same period, from $261K to $9.6M. Total functional expenses rose by 111.9%, from $1.5M to $3.1M. In its most recent filing year (2016), Starshine Academy reported a deficit of $988K, with expenses exceeding revenue. The organization holds $12.6M in liabilities against $9.6M in assets (debt-to-asset ratio: 130.9%), resulting in net assets of $-2,985,484.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $2.1M | $3.1M | $9.6M | $12.6M | — | — |
| 2015 | $3.0M | $3.8M | $10.0M | $12.0M | — | View 990 |
| 2014 | $3.1M | $4.3M | $10.5M | $11.7M | — | View 990 |
| 2013 | $2.1M | $1.9M | $6.9M | $6.8M | — | View 990 |
| 2012 | $1.1M | $1.2M | $405K | $540K | — | View 990 |
| 2011 | $1.5M | $1.5M | $261K | $247K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $2.1M, expenses of $3.1M, and assets of $9.6M (revenue -29.0% year-over-year).
- 2015: Revenue of $3.0M, expenses of $3.8M, and assets of $10.0M (revenue -1.7% year-over-year).
- 2014: Revenue of $3.1M, expenses of $4.3M, and assets of $10.5M (revenue +48.8% year-over-year).
- 2013: Revenue of $2.1M, expenses of $1.9M, and assets of $6.9M (revenue +95.6% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $405K (revenue -27.3% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $261K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Starshine Academy:
Data Sources and Methodology
This transparency report for Starshine Academy 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.