2023-05-02T17:23:42-05:00 2022-06-30 366055558 GRANT THORNTON LLP 75 STATE ST 13TH FLOOR BOSTON MA 02109 990 2021-07-01 464463460 STARFALL EDUCATION FOUNDATION STAR 3032841309 4900 NAUTILUS CT N BOULDER CO 80301 STEPHEN SCHUTZ CHAIRMAN 8584568500 2023-05-02 1 STEPHEN SCHUTZ 999009999 ERIN COUTURE P01390592 6177237900 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z STEPHEN SCHUTZ 4900 NAUTILUS CT N BOULDER CO 80301 16100071 0 X STARFALL.COM X 2014 CO TO PROVIDE FREE AND LOW-COST INNOVATIVE ACADEMIC EDUCATIONAL RESOURCES WHEREBY ... SEE SCHEDULE O CHILDREN HAVE FUN LEARNING THROUGH EXPLORATION, GAIN SELF-CONFIDENCE, AND DEVELOP AN UNDERSTANDING AND COMPASSION FOR DIVERSITY. 6 4 30 5 -10423 0 3555244 2596647 2831876 3761225 204803 1235249 201551 174817 6793474 7767938 7000 119560 0 0 3050787 3183216 0 0 0 3526476 3491786 6584263 6794562 209211 973376 24846105 23216970 718062 752505 24128043 22464465 X TO PROVIDE FREE AND LOW-COST INNOVATIVE ACADEMIC EDUCATIONAL RESOURCES WHEREBY CHILDREN HAVE FUN LEARNING THROUGH EXPLORATION, GAIN SELF-CONFIDENCE, AND DEVELOP AN UNDERSTANDING AND COMPASSION FOR DIVERSITY AND THE ENVIRONMENT. 0 0 6249703 119560 3943655 SEE SCHEDULE O 6249703 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 19 0 1 30 1 1 1 0 0 0 0 0 0 0 0 0 X 6 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X ROGER WILSON 3032841309 4900 NAUTILUS CT N BOULDER CO 80301 ROGER WILSON PRESIDENT 40.00 0.00 X 166136 0 29384 GINA MORGAN MANAGER 40.00 0.00 X 128117 0 18480 HELEN PARKER DIRECTOR 40.00 0.00 X 124350 0 18272 ARTHUR MORGAN SR SOFTWARE ENGINEER 40.00 0.00 X 107490 0 17242 STEVEN PATSCHKE IT DIRECTOR 40.00 0.00 X 100200 0 24237 STEPHEN SCHUTZ PHD CHAIRMAN, CEO, FOUNDER 30.00 0.00 X X 0 0 0 PAUL KNUTSON TREASURER, ASSISTANT SECRETARY 2.00 0.00 X 0 0 0 JAY GRODIN JD SECRETARY 2.00 0.00 X 0 0 0 DIANA TEMPLE ASSISTANT TREASURER 2.00 0.00 X 0 0 0 JORDANNA SCHUTZ BOARD MEMBER 2.00 0.00 X 0 0 0 JOEL CITRON BOARD MEMBER 2.00 0.00 X 0 0 0 MYRNA ESTES BOARD MEMBER 2.00 0.00 X 0 0 0 GREG HARFST BOARD MEMBER 2.00 0.00 X 0 0 0 GINA NOCERA BOARD MEMBER 2.00 0.00 X 0 0 0 626293 0 107615 5 0 1 0 SPS STUDIOS INC 2905 WILDERNESS PLACE BOULDER CO 80301 FULFILLMENT/HR 222769 PA HUTCHISON COMPANY 400 PENN AVENUE JERMIN PA 18433 PRINTING 153663 UPWORK 2625 AUGUSTINE DRIVE 601 SANTA CLARA CA 95054 CONTRACT LABOR 132132 FEDEX PO BOX 94515 PALATINE IL 60094 SHIPPING 115235 4 2596647 2596647 EDUCATION MEMBERSHIPS 611710 3761225 3761225 3761225 200532 200532 356354 363967 -7613 -7613 -10423 2810 8492065 7457348 1034717 1034717 1034717 693248 510818 182430 182430 7767938 3943655 -10423 1238059 119560 119560 207054 62116 144938 2366906 2358393 8513 131723 131340 383 351921 351921 125612 107794 17818 31206 31206 96696 96696 31138 31138 234313 165013 69300 16000 16000 9439 9439 175246 175246 146057 142656 3401 12278 6138 6140 83 83 2230528 2225405 5123 62381 62381 BANK AND MERCHANT FEES 336342 330160 6182 TAXES, LICENSES & FEES 23425 23425 EXECUTIVE SEARCH & RELA 13400 13400 BAD DEBT EXPENSE 11832 11832 61422 11614 49808 6794562 6249703 544859 0 513726 587738 379094 613416 0 236127 301508 681662 715225 48182 83409 8055909 1054095 6963617 7001814 9174696 9194805 6825561 4647862 23440 71193 24846105 23216970 649209 651914 68853 100591 0 0 718062 752505 X 24128043 22464465 0 24128043 22464465 24846105 23216970 973376 -2636954 0 X X 0 1 X 1 0 X 4162335 3767877 4920498 3555244 2596647 19002601 3093217 2999632 2260249 2831876 3761225 14946199 7255552 6767509 7180747 6387120 6357872 33948800 0 0 0 33948800 96709 162785 154522 260594 200532 875142 51416 243819 295235 96709 162785 154522 312010 444351 1170377 7352261 6930294 7335269 6699130 6802223 35119177 0.96670 0.97880 0.03330 0.02120 X 1177955 1177955 5801293 203445 5597848 188092 4723 183369 888569 845927 42642 0 7001814 X PART X, LINE 2: THE FOUNDATION FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE FOUNDATION HAS ALSO BEEN RECOGNIZED BY THE CALIFORNIA FRANCHISE TAX BOARD AS EXEMPT FROM CALIFORNIA FRANCHISE AND INCOME TAXES UNDER SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE FOUNDATION ALSO HAS TAX-EXEMPT STATUS IN COLORADO. THE FOUNDATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 NATURA INTERNATIONAL INC 1567 44TH STREET NW WASHINGTON DC 20007 311667319 501 (C)(3) 25000 0 PROTECT WETLANDS AREA IN SANTIAGO DE ESTERO PROVINCE, CENTRAL ARGENTINA REWILD PO BOX 129 AUSTIN TX 78767 262887967 501 (C)(3) 93925 0 DESIGNATE PROTECTED AREA IN ECUADOR AND MANAGE CONSERVATION AREAS IN PERU 2 PART I, LINE 2: GRANT FUNDS WERE APPROVED BY THE BOARD PRIOR TO DISBURSEMENT. THE GRANTS WILL BE USED TO SUPPORT STARFALL EDUCATION FOUNDATION'S MISSION OF SUPPORTING ENVIRONMENTAL CAUSES. X X X X 0 0 0 0 0 0 0 0 0 ROGER WILSON PRESIDENT 166136 0 0 0 0 0 11744 0 17640 0 195520 0 0 0 SPS STUDIOS INC SEE PART V 222769 SEE PART V 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: SPS STUDIOS, INC.(D) DESCRIPTION OF TRANSACTION: FULFILLMENT & HR SCHEDULE L, PART IV, LINE 1 SPS STUDIOS, INC. DBA BLUE MOUNTAIN ARTS, INC. PROVIDES ORDER FULFILLMENT SERVICES FOR STARFALL EDUCATION FOUNDATION. SPS STUDIOS, INC. IS OWNED BY STEPHEN SCHUTZ AND HIS WIFE, SUSAN SCHUTZ, AND THE SCHUTZ'S OTHER CHILDREN. PROPOSALS TO PROVIDE FULFILLMENT SERVICES WERE SOLICITED FROM INDEPENDENT THIRD PARTY PROVIDERS AND COMPARED AGAINST THE SPS STUDIOS, INC. FULFILLMENT AGREEMENT. THE SCOPE, TERMS AND CONDITIONS WERE FOUND TO BE COMPETITIVE WITH THE PROPOSALS SUBMITTED BY THE THIRD PARTIES. THE BOARD OF DIRECTORS (WITH STEPHEN SCHUTZ AND JORDANNA POLIS SCHUTZ ABSTAINING) CONCLUDED THAT SPS STUDIOS, INC. FULFILLMENT AGREEMENT WAS ON MARKET TERMS AND DEEMED THE TRANSACTION AS ARM'S LENGTH.SPS STUDIOS, INC. ALSO ASSISTS STARFALL EDUCATION FOUNDATION WITH HUMAN RESOURCES. THE AGREEMENT FOR THE ASSISTANCE CALLS FOR TOTAL PAYMENTS OF $69,300 PER YEAR. PROPOSALS TO PROVIDE HUMAN RESOURCES SERVICES WERE SOLICITED FROM INDEPENDENT THIRD PARTY PROVIDERS. FURTHER, AN ANALYSIS OF THE AVERAGE COMPENSATION FOR HUMAN RESOURCE DIRECTORS FROM THE COLORADO NONPROFIT ASSOCIATION COMPLIED BY THE UNIVERSITY OF DENVER WAS ALSO DONE. THE PROPOSALS AND AVERAGE COMPENSATION INFORMATION WERE COMPARED WITH THE SPS STUDIOS, INC. HUMAN RESOURCES AGREEMENT. THE SCOPE, TERMS AND CONDITIONS WERE FOUND TO BE COMPETITIVE WITH THE PROPOSALS SUBMITTED BY THE THIRD PARTIES AND IN THE RANGE OF THE AVERAGE COMPENSATION FOR A HUMAN RESOURCE DIRECTOR. THE BOARD OF DIRECTORS (WITH STEPHEN SCHUTZ AND JORDANNA POLIS SCHUTZ ABSTAINING) CONCLUDED THAT THE SPS STUDIOS, INC. HUMAN RESOURCES AGREEMENT WAS ON MARKET TERMS AND DEEMED THE TRANSACTION AS ARM'S LENGTH. FORM 990, PART III - PROGRAM SERVICE, LINE 4A THE FOUNDATION, THROUGH ITS WEBSITE STARFALL.COM, OFFERS FREE AND LOW-COST INTERACTIVE EXPERIENCES WHEREBY CHILDREN CAN SUCCESSFULLY LEARN THROUGH EXPLORATION. IT CONTINUES THE TRADITION OF ITS PREDECESSOR, A SOCIAL ENTERPRISE FOUNDED IN 2002, AS A PLACE WHERE CHILDREN HAVE FUN LEARNING TO READ. CURRENTLY, IT INCLUDES THE CORE SUBJECTS OF LANGUAGE ARTS AND MATHEMATICS FOR PRE-K, KINDERGARTEN, AND ELEMENTARY SCHOOL GRADE LEVELS. IT TEACHES THROUGH POSITIVE REINFORCEMENT TO HELP CHILDREN BECOME CONFIDENT AND INTRINSICALLY MOTIVATED. THE FOUNDATION PRODUCES AND DISTRIBUTES THE FOLLOWING EDUCATIONAL SERVICES AND MATERIALS FOR STUDENTS, PARENTS, TEACHERS AND SCHOOLS: INTERACTIVE GAMES, VIDEOS, MOVIES, E-BOOKS, AUDIO BOOKS, EDUCATIONAL SONGS, DOWNLOADABLE BOOKS, LESSON PLANS, CLASSROOM CURRICULA, PRINTED BOOKS, PRACTICE BOOKS, ELECTRONIC MEDIA AND TEACHING TOOLS. THESE ARE PRIMARILY DISTRIBUTED THROUGH THE STARFALL.COM WEBSITE. MANY OF STARFALL S DIGITAL ACTIVITIES ARE ALSO AVAILABLE ON MOBILE APPS. STARFALL OFFERS LOW-COST MEMBERSHIP WHICH EXPANDS ITS FREE CONTENT TO INCLUDE ADDITIONAL GAMES, E-BOOKS, MOVIES AND SONGS. BENEFITS OF ANNUAL MEMBERSHIP INCLUDE PREFERRED AND UNLIMITED ACCESS TO STARFALL.COM FROM TABLET, MOBILE PHONE OR COMPUTER DURING A ONE YEAR MEMBERSHIP PERIOD. THE FOUNDATION ALSO MAINTAINS A FREE WEBSITE AT PUMEROSA.COM TO HELP SPANISH LANGUAGE SPEAKERS LEARN ENGLISH. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIPS STEPHEN SCHUTZ, JORDANNA SCHUTZ, JAY GRODIN, PAUL KNUTSON, AND DIANA TEMPLE ARE EMPLOYED AT SPS STUDIOS. FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIPS STEPHEN SCHUTZ AND JORDANNA SCHUTZ HAVE A FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND THEN REVIEWED BY THE ORGANIZATION'S MANAGEMENT TEAM. THE FINAL DRAFT OF THE FORM IS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY ENFORCEMENT & MONITORING PROCESS A CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM ARE SENT TO THE BOARD OF DIRECTORS AND OFFICERS ANNUALLY. THE CERTIFICATIONS AND DISCLOSURE FORMS ARE REVIEWED BY THE BOARD OF DIRECTORS TO ENSURE THEY ARE COMPLIANT WITH THE POLICY. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE PERSON HAVING THE CONFLICT OF INTEREST SHALL NOT PARTICIPATE OR ATTEND ANY DISCUSSION RELATING TO SUCH INTEREST. VIOLATION OF THE CONFLICT OF INTEREST POLICY MAY CONSTITUTE CAUSE FOR REMOVAL OR TERMINATION OF A DIRECTOR OR OFFICER. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION REVIEW THE ORGANIZATION TAKES INTO CONSIDERATION A COMPENSATION REPORT PREPARED BY THE UNIVERSITY OF DENVER TO DETERMINE THE COMPENSATION FOR THE ORGANIZATION'S PRESIDENT. THE BOARD OF DIRECTORS REVIEW THE REPORT AND APPROVES THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION WILL PROVIDE THE FORM 1023 AND FORM 990 UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS THE ORGANIZATION WILL PROVIDE ITS GOVERNING DOCUMENTS UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE FOUNDATION'S TWO STANDING COMMITTEES CONSISTING OF TWO MEMBERS EACH DID NOT EXERCISE THEIR AUTHORITY TO ACT ON BEHALF. INSTEAD, ALL COMMITTEE BUSINESS WAS DISCUSSED AND VOTED ON BY THE ENTIRE SIX MEMBER BOARD AND RECORDED IN ITS MINUTES. STARFALL EDUCATION LLC 4900 NAUTILUS COURT N BOULDER CO 80301 272997551 APP SALES CA 1060714 221124 STARFALL PANCILLLC 4900 NAUTILUS COURT N BOULDER CO 80301 330903809 INACTIVE CA 0 0 STARFALL