2022-06-02T11:21:14-05:00 2021-09-30 941668792 PETRINOVICH PUGH & COMPANY LLP 333 WEST SANTA CLARA ST 800 SAN JOSE CA 951131716 990 2020-10-01 770325111 ALL STARS HELPING KIDS INC ALLS 4089346980 4675 STEVENS CREEK BLVD NO 101 SANTA CLARA CA 95051 DAVID GRECO EXECUTIVE DIRECTOR 4089346980 2022-06-02 1 DAVID GRECO 999009999 JOHN KAWAMOTO P00476783 4082877911 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z RONALD M LOTT 4675 STEVENS CREEK BLVD NO 101 SANTA CLARA CA 95051 3739134 0 X WWW.ALLSTARSHELPINGKIDS.ORG X 1992 CA ALL STARS HELPING KIDS WANTS TO INCREASE THE EFFECTIVENESS OF STARTUP NONPROFITS WITH EARLY-STAGE INVESTMENTS, RESOURCES AND STRATEGIC CAPACITY BUILDING INFRASTRUCTURE SO MANY MORE NONPROFITS COULD MAKE THE WORLD A BETTER PLACE. 12 10 4 20 0 0 1101853 1762180 0 0 201060 21477 48892 -8545 1351805 1775112 338500 317900 0 0 449576 577543 0 0 254553 380335 493323 1168411 1388766 183394 386346 2732264 3640555 98619 35242 2633645 3605313 X THE MISSION OF ALL STARS HELPING KIDS IS TO DISRUPT THE CYCLE OF POVERTY AND ENCOURAGE INNOVATION BY SEED FUNDING START-UP NONPROFITS IN THE BAY AREA. WE BELIEVE THE CONVERGENCE OF OUR THREE TENANTS ARE ESSENTIAL TO THE DEVELOPMENT OF A WHOLE CHILD FROM EARLY CHILDHOOD THROUGH TO COLLEGE: RIGOROUS ACADEMICS, HEALTH & FITNESS, AND LIFE SKILLS. 0 0 622886 227500 ACCELERATOR PROGRAM: ALL STARS PROVIDES THREE YEARS OF GENERAL OPERATING SUPPORT, CAPACITY BUILDING, COACHING AND PEER NETWORKS FOR NONPROFITS PROVIDING ACCESS TO EDUCATION, CAREER READINESS AND HEALTH & WELLNESS FOR YOUTH TRAPPED IN POVERTY. 90419 90400 FOUNDER'S FUND: ALL STARS PROVIDES DISCRETIONARY ONE-TIME GRANTS TO HIGH-PERFORMING NONPROFITS THAT DEMONTRATE THE VALUES OF RISK-TAKING, TEAMWORK, INTEGRITY AND REFLECTION. 20015 REWORK PROGRAM: ALL STARS PROVIDES FREE COMPREHENSIVE CAREER TRAINING AND JOB PLACEMENT IN OVERLOOKED BLACK AND LATINX COMMUNITIES FOCUSED ON SOFTWARE AS A SERVICE (SAAS) TECH SALES. 27017 27017 760337 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7 1 1 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 10 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X THE ORGANIZATION 4089346980 4675 STEVENS CREEK BLVD NO 101 SANTA CLARA CA 95051 RONALD M LOTT PRESIDENT 4.00 X X 0 0 0 KAREN LOTT SECRETARY 4.00 X X 0 0 0 BILL SLAVIN DIRECTOR 1.00 X 0 0 0 RUTH FLETCHER DIRECTOR 1.00 X 0 0 0 JACK RUSSI TREASURER 2.00 X X 0 0 0 BOBBY ZUR DIRECTOR 1.00 X 0 0 0 ISSAC VAUGHN BOARD CHAIR 2.00 X X 0 0 0 PAUL STICH DIRECTOR 1.00 X 0 0 0 MARK WOODWARD DIRECTOR 1.00 X 0 0 0 MEGAN HOLSTON-ALEXANDER DIRECTOR 1.00 X 0 0 0 CJ MACDONALD DIRECTOR 1.00 X 0 0 0 STEVE GUTTMAN DIRECTOR 1.00 X 0 0 0 DAVID GRECO EXECUTIVE DIRECTOR 40.00 X 167125 0 23055 MANJU RAMACHANDRAN DEVELOPMENT DIRECTOR 40.00 X 120479 0 21920 287604 0 44975 2 0 1 0 0 30000 131507 1600673 30000 1762180 29427 29427 1916677 1924627 -7950 -7950 -7950 24500 30000 39395 -14895 -14895 OTHER REVENUE 611710 6350 6350 6350 1775112 -1600 0 14532 X 317900 317900 209950 62985 104975 41990 279460 148599 20284 110577 52259 15629 16270 20360 35874 16310 8231 11333 82526 82526 28073 28073 224964 121956 65314 37694 3600 3600 2549 1573 483 493 23868 18604 1398 3866 41453 20014 9366 12073 19366 11037 2682 5647 545 545 4505 2620 662 1223 7622 1280 5275 1067 EQUIPMENT 21647 12485 4468 4694 DUES AND SUBSCRIPTIONS 12715 6407 4660 1648 GRANTS AND CONTRIBUTION 8529 8529 TELEPHONE AND INTERNET 6383 2258 2308 1817 4978 680 4227 71 1388766 760337 373876 254553 233780 575400 8286 10542 20000 10000 9371 7410 49742 49742 4505 0 2452865 3029351 3457 7852 2732264 3640555 39157 35242 59462 0 98619 35242 X 715359 1462927 1918286 2142386 2633645 3605313 2732264 3640555 386346 585322 0 X X 0 1 X 1 0 X 881095 1276066 1575304 1101851 1762180 6596496 881095 1276066 1575304 1101851 1762180 6596496 952717 5643779 45139 33969 42624 32255 29427 183414 6779910 0.83240 0.82160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 2452865 510000 606799 512240 28073 3029351 2253608 314490 326537 420784 20986 2452865 2284949 43707 96909 151309 20648 2253608 2197702 50000 291421 232421 21753 2284949 2009499 50000 287397 128341 20853 2197702 0.29280 0.54470 0.16250 0 0 4712 4712 0 45030 45030 0 0 X 2428518 585322 56762 39395 681479 1747039 28073 28073 1775112 1456850 56762 39395 96157 1360693 28073 28073 1388766 PART IV, LINE 2B: THE ORGANIZATION SERVES AS AN INTERMEDIARY FOR CONTRIBUTIONS. THE FUNDS WERE COLLECTED AT SPECIAL EVENTS AND ARE TO BE REMITTED TO CHARITABLE ORGANIZATIONS SPECIFIED BY THE ORIGINAL DONOR. THE FUNDS ARE INCLUDED AS CASH ON PART X LINE 1. PART V, LINE 4: THE BOARD OF DIRECTORS MAY DISTRIBUTE A PERCENTAGE OF THE FUND'S NET INCOME IN SUCH AMOUNTS THAT THEY DEEM APPROPRIATE. THE BOARD HAS ADOPTED INVESTMENT POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT ALL STARS MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD(S) AS WELL AS BOARD-DESIGNATED FUNDS. UNDER THIS POLICY, AS APPROVED BY THE BOARD, THE ENDOWMENT ASSETS ARE INVESTED IN A MIX OF STOCKS, CORPORATE AND GOVERNMENT BONDS AND CASH. TO SATISFY ITS LONG-TERM OBJECTIVES, ALL STARS RELIES ON A STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH CURRENT YIELD (INTEREST AND DIVIDENDS). ANY MARKETABLE EQUITY SECURITIES RECEIVED BY DONATION ARE SOLD AS SOON AS PRACTICABLE AFTER RECEIPT AND ARE CLASSIFIED BASED ON THE DONOR'S INTENTION. PART X, LINE 2: ALL STARS REVIEWS AND ASSESSES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN AGAINST MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTES FOR FINANCIAL STATEMENT RECOGNITION. ALL STARS' POLICY FOR EVALUATING UNCERTAIN TAX POSITIONS IS A TWO-STEP PROCESS. THE FIRST STEP IS TO EVALUATE THE TAX POSITION FOR RECOGNITION BY DETERMINING IF THE WEIGHT OF AVAILABLE EVIDENCE INDICATES THAT IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED UPON AUDIT, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATIONS PROCESSES, IF ANY. THE SECOND STEP IS TO MEASURE THE TAX BENEFIT OR LIABILITY AS THE LARGEST AMOUNT THAT IS MORE THAN 50% LIKELY TO BE REALIZED OR INCURRED UPON SETTLEMENT. ALL STARS IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. THE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN HAVE NOT HAD A MATERIAL IMPACT ON ALL STARS' FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 39,395. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 39,395. HOLIDAY RAFFLE 54500 30000 24500 30000 9395 54500 30000 24500 30000 9395 39395 -14895 1 TIPPING POINT COMMUNITY 14 MINT PLAZA 5TH FLOOR SAN FRANCISCO CA 94103 202121739 501(C)(3) 25000 PROGRAM SERVICES ALZHEIMER'S ASSOCIATION 225 N MICHIGAN AVE 17TH FL CHICAGO IL 60601 133039601 501(C)(3) 15000 PROGRAM SERVICES PROJECT COMMOTION (INTERNATIONAL CHILD RESOURCE INSTITUTE) 2095 HARRISON ST SAN FRANCISCO CA 94110 912144555 501(C)(3) 27500 PROGRAM SERVICES TEAM INC (TECH EXPOSURE ACCESS THROUGH MENTORING INC) 305 WASHINGTON ST SUITE 104 OAKLAND CA 94607 813838152 501(C)(3) 27500 PROGRAM SERVICES WRITERCOACH CONNECTION (COMMUNITY ALLIANCE FOR LEARNING) 1212 PRESERVATION PARK WAY 100 OAKLAND CA 94612 912144555 501(C)(3) 27500 PROGRAM SERVICES BAY AREA WOMEN'S SPORT INITIATIVE 1922 THE ALAMEDA SUITE 420 SAN JOSE CA 95126 550897084 501(C)(3) 25000 PROGRAM SERVICES CAMP COMMON GROUND 2033 98TH AVENUE OAKLAND CA 94603 461323531 501(C)(3) 25000 PROGRAM SERVICES CHILD MIND INSTITUTE 445 PARK AVENUE 3RD FLOOR NEW YORK NY 10022 800478843 501(C)(3) 10000 PROGRAM SERVICES MY DIGITAL TAT2 231 CHURCHILL AVENUE PALO ALTO CA 94301 812905686 501(C)(3) 25000 PROGRAM SERVICES RAZING THE BAR 123 EAST SAN CARLOS ST SUITE 513 SAN JOSE CA 95112 800441705 501(C)(3) 40000 PROGRAM SERVICES STERN GROVE FESTIVAL 832 FOLSOM STREET SUITE 1000 SAN FRANCISCO CA 94107 946064356 501(C)(3) 5000 PROGRAM SERVICES UNIVERSITY OF SOUTHERN CALIFORNIA UNIVERSITY PARK LOS ANGELES CA 90089 951642394 501(C)(3) 25000 PROGRAM SERVICES YOUTH BEAT PO BOX 71005 OAKLAND CA 94612 432014630 501(C)(3) 25000 PROGRAM SERVICES 13 0 SCHEDULE I PART I LINE 2: THE ALL STARS NATIONAL COMMUNITY FUND POOLS REGIONALLY GENERATED FUNDS WITH CORPORATE AND INDIVIDUAL DONATIONS TO BENEFIT A SELECT GROUP OF HIGH QUALITY NATIONAL NONPROFITS THAT MAKE A SIGNIFICANT IMPACT ON THE K-12 LEARNING ENVIRONMENT. NATIONAL COMMUNITY FUND MEMBERS ARE DRAWN FROM A LIST OF EXISTING BENEFICIARIES AND APPLY FOR GRANTS ON AN INVITE-ONLY BASIS. IN APRIL OF EACH YEAR, ORGANIZATIONS APPLY FOR ONE OF OUR LARGER, INVITE-ONLY PROJECT PARTNER GRANTS AVERAGING $20,000 VIA OUR PROJECT PARTNER APPLICATIONS. THE BOARD REVIEWS PROPOSALS AND ALLOCATES FUNDING IN SEPTEMBER. ASHK ALSO HOLDS A SERIES OF FUNDRAISING EVENTS TO RAISE MONEY FOR THE NATIONAL COMMUNITY FUND, WHICH POOLS THE RESOURCES OF ATHLETES, INDIVIDUAL DONORS AND CORPORATE PARTNERS INTERESTED IN TRANSFORMING THE LIVES OF UNDER RESOURCED CHILDREN. EVERY MONTH ASHK RESPONDS TO LESS COSTLY (BUT STILL PRESSING) NEEDS IN THE COMMUNITY WITH SMALL "HELPING HAND" GRANTS RANGING FROM $250 TO $2,500 WITH A LIMIT OF $7,500 PER QUARTER. THESE ARE TYPICALLY GRANTED TO ORGANIZATIONS THAT ADDRESS NEEDS WITHIN OUR THREE TENANTS: RIGOROUS ACADEMICS, HEALTH AND FITNESS, AND LIFE SKILLS. WE ALSO HAVE AN ADDITIONAL "FOUNDERS FUND" THAT ALLOCATES AN ADDITIONAL $2,500 PER QUARTER. APPLICATIONS ARE REVIEWED WEEKLY EACH MONTH, AND ASHK MAKES EVERY EFFORT TO RESPOND BY THE FOLLOWING MONTH. ORGANIZATIONS MUST SUBMIT THEIR FUNDING REQUEST VIA MAIL OR EMAIL THAT CAPTURES CONTACT INFORMATION, PAST GRANT HISTORY (AS APPLICABLE), MISSION AND VISION, NUMBER SERVED, DESCRIPTION OF WHERE FUNDING WILL BE APPLIED, AMOUNT REQUESTED, AND BASIC FINANCIALS. FOLLOWING SUBMISSION, ORGANIZATIONS WILL BE ASSESSED ACCORDING TO HOW THEY AND THEIR PROJECTS ALIGN WITH ASHK'S MISSION. THE ORGANIZATION'S NEED AND OVERALL IMPACT IS ASSESSED THROUGH SITE VISITS AND ANNUAL REPORTING. 0 0 0 0 0 0 0 0 0 DAVID GRECO EXECUTIVE DIRECTOR 152125 0 15000 0 0 0 5018 0 18037 0 190180 0 0 0 X VACATION PACKAGE 1 30000 FMV 0 1 0 PART I, LINE 32B: ALL STARS WILL ACCEPT UNRESTRICTED GIFTS, AND GIFTS FOR SPECIFIC PROGRAMS AND PURPOSES, PROVIDED THAT SUCH GIFTS ARE NOT INCONSISTENT WITH ITS STATED MISSION, PURPOSES, AND PRIORITIES. ALL STARS WILL NOT ACCEPT GIFTS THAT ARE TOO RESTRICTIVE IN PURPOSE. GIFTS THAT ARE TOO RESTRICTIVE ARE THOSE THAT VIOLATE THE CHARITABLE TRUST OF ALL STARS, GIFTS THAT ARE ACCOMPANIED BY AN IMPROPER ECONOMIC BENEFIT TO THE DONOR SUCH AS A GIFT THAT IS CONDITIONED ON A COMMERCIAL PREFERENCE TO THE DONOR OR AFFILIATED COMPANY, OR GIFTS THAT VEST THE DONOR WITH INAPPROPRIATE CONTROL SUCH AS A GIFT THAT REQUIRES ALL STARS TO HIRE A SPECIFIC PERSON OR TAKE SOME OTHER UNACCEPTABLE ACTION. ALL FINAL DECISIONS ON THE RESTRICTIVE NATURE OF A GIFT, AND ITS ACCEPTANCE OR REFUSAL, SHALL BE MADE BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF THE BOARD ARE MARRIED: PRESIDENT RONALD LOTT AND DIRECTOR KAREN LOTT FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION ENGAGES A CPA TO PREPARE THE FORM 990. THE EXECUTIVE DIRECTOR, FINANCE COMMITTEE, AND THE BOARD PRESIDENT REVIEW THE TAX RETURN AND FINANCIAL STATEMENTS AS PREPARED BY THE ACCOUNTING FIRM IN DETAIL. THE BOARD THEN RECEIVES A COPY OF THE RETURN FOR REVIEW BEFORE MAILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS REVIEW AND SIGN A CONFLICT OF INTEREST POLICY EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD FUNCTIONS AS THE COMPENSATION COMMITTEE. THE BOARD ENGAGED AN INDEPENDENT COMPENSATION CONSULTANT TO PERFORM A REASONABLENESS STUDY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES TO ANY PERSON UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 121,956. MANAGEMENT AND GENERAL EXPENSES 65,314. FUNDRAISING EXPENSES 37,694. TOTAL EXPENSES 224,964. FORM 990, PART IX, LINE 24E BANK CHARGES & CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 8. MANAGEMENT AND GENERAL EXPENSES 3,423. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,431. OTHER EXPENSES: PROGRAM SERVICE EXPENSES 672. MANAGEMENT AND GENERAL EXPENSES 544. FUNDRAISING EXPENSES 71. TOTAL EXPENSES 1,287. LICENSE AND PERMITS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 260. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 260. FORM 990, PART XII, LINE 2C THE PROCESS FOR SELECTING AND OVERSEEING THE INDEPENDENT AUDITORS HAS NOT CHANGED IN THE CURRENT YEAR.