2021-07-29T02:51:26-05:00 2020-12-31 946214841 ARMANINO LLP 11766 WILSHIRE BLVD 9TH FLOOR LOS ANGELES CA 90025 990 2020-01-01 953802159 STARLIGHT CHILDREN'S FOUNDATION STAR 3104791212 400 CORPORATE POINTE SUITE 590 CULVER CITY CA 90230 MIKE OLSON CFO 3104791212 2021-07-22 1 MIKE OLSON 999009999 KATY BROWN P00650274 3104784148 2021-07-22 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ADAM GARONE 400 CORPORATE POINTE SUITE 590 CULVER CITY CA 90230 25698043 0 X WWW.STARLIGHT.ORG X 1983 CA STARLIGHT DELIVERS HAPPINESS TO SERIOUSLY ILL CHILDREN AND THEIR FAMILIES. 13 13 33 16 0 0 11829101 9579837 0 0 202042 -3181 124633 107054 12155776 9683710 351025 0 0 0 3094226 2797952 0 0 1094752 6395824 5309561 9841075 8107513 2314701 1576197 13522814 15345310 895824 1142761 12626990 14202549 SINCE 1982, STARLIGHT HAS BEEN DELIVERING HAPPINESS TO SERIOUSLY ILL CHILDREN AND THEIR FAMILIES. 0 0 3086058 STARLIGHT DELIVERIES:STARLIGHT OFFERS AN EASY-TO-USE ONLINE PLATFORM WHERE HOSPITALS CAN ORDER ITEMS DIRECTLY FROM OUR INVENTORY OF DONATED (GIFT IN-KIND) TOYS, BOOKS, GAMES, CRAFTING MATERIALS, AND OTHER URGENTLY NEEDED PRODUCTS THAT DELIVER HAPPINESS TO HOSPITALIZED KIDS AND THEIR FAMILIES. ALL PRODUCTS ARE SHIPPED FREE-OF-CHARGE TO OUR MORE THAN 800 HOSPITAL AND HEALTH CARE FACILITY PARTNERS IN THE US. 830587 STARLIGHT HOSPITAL WEAR:STARLIGHT GOWNS ARE HIGH-QUALITY, FUN, SOFT, AND COLORFUL HOSPITAL GOWNS THAT KIDS LOVE TO WEAR. THE GOWNS TIE ON THE SIDE (INSTEAD OF DOWN THE BACK) TO BETTER ACCOMMODATE A CHILD'S NEED FOR PRIVACY AND COMFORT, AND INCLUDE PLASTIC SNAPS ON BOTH SLEEVES TO ALLOW EASY ACCESS FOR MEDICAL PROCEDURES. 524389 STARLIGHT VIRTUAL REALITY:THE FIRST GENERAL USE VR SOLUTION FOR A PEDIATRIC SETTING, STARLIGHT VR COMES PRE-LOADED WITH 20+ CURATED EXPERIENCES TO HELP ENTERTAIN AND DISTRACT CHILDREN DURING DIFFICULT MEDICAL PROCEDURES. 1654254 1654254 6095288 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 0 1 33 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR AZ CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NV NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI TX X X MIKE OLSON CPA 3104260817 400 CORPORATE POINTE SUITE 590 CULVER CITY CA 90230 CARA NATTERSON BOARD CHAIR 1.00 X X 0 0 0 JOHN ROSENBERG BOARD VICE CHAIR 1.00 X X 0 0 0 TROY YOUNG TREASURER 1.00 X X 0 0 0 HOWARD COHL SECRETARY (AS OF 07/20) 1.00 X X 0 0 0 RUSS CASHDAN DIRECTOR 1.00 X 0 0 0 HENRY FIELDS DIRECTOR 1.00 X 0 0 0 KIRA GOLDBERG DIRECTOR (AS OF 04/20) 1.00 X 0 0 0 ERIC GRODAN DIRECTOR 1.00 X 0 0 0 ZAIN HABBOO DIRECTOR 1.00 X 0 0 0 DAVID HASPEL DIRECTOR 1.00 X 0 0 0 CHRIS HELFRICH DIRECTOR 1.00 X 0 0 0 MARVIN LEVY DIRECTOR 1.00 X 0 0 0 PETER SAMUELSON DIRECTOR 1.00 X 0 0 0 CAROL SAVOIE DIRECTOR (THRU 09/20) 1.00 X 0 0 0 ROGER SHIFFMAN DIRECTOR (THRU 09/20) 1.00 X 0 0 0 JOHN SIMONE DIRECTOR (THRU 12/20) 1.00 X 0 0 0 ADAM GARONE CEO 40.00 X 303900 0 17640 MIKE OLSON CPA CFO (START 04/20) 40.00 X 114150 0 0 ELISE YEN CFO (LEFT 02/20) 40.00 X 40316 0 2843 LISA POTTER SVP MARKETING & COMMUNITY ENGAGEMENT 40.00 X 140819 0 13462 CHRISTINE SOLDNER (STAFF) SR. DIRECTOR CORPORATE DEVELOPMENT 40.00 X 102000 0 10667 CAITLIN O'BYRNE (STAFF) DIRECTOR, CRM & MARKETING 40.00 X 104846 0 7968 806031 0 52580 5 0 1 0 STANDARD TEXTILE CO INC ONE KNOLLCREST DRIVE CINCINNATI OH 45237 PROD. OF STARLIGHT HOSPITAL GOWNS 1103038 HALO BRANDED SOLUTIONS 3182 MOMENTUM PLACE CHICAGO IL 60689 PROD. OF STARLIGHT CARE PACKAGES 1033906 CARGO ZONE 6200 N 16TH ST OMAHA NE 68110 WAREHOUSING & DISTRIBUTION 608496 NINTENDO OF AMERICA 4600 150TH AVE NE REDMOND WA 98052 PROD. OF STARLIGHT GAMING STATIONS 325028 BEMOBIL APPAREL 16142 WINDEMEIR LANE HUNTINGTON CA 92647 PROD. OF STARLIGHT HOSPITAL GOWNS 315469 7 535610 9044227 2762108 9579837 10152 10152 16001000 15975082 39251 25918 -39251 -13333 -13333 106800 0 106800 106800 MISCELLANEOUS REVENUE 900099 254 254 254 9683710 106800 0 -2927 435690 226476 95979 113235 1964465 1021150 432755 510560 24210 12585 5333 6292 200620 104285 44195 52140 172967 89910 38103 44954 2900 274 2352 274 128053 12104 103844 12105 30529 2886 24757 2886 290959 145480 145479 18878 5485 9462 3931 274095 157062 70997 46036 188772 98125 41585 49062 19959 5254 3826 10879 1498 435 751 312 92686 47253 20096 25337 21182 1035 7655 12492 PROGRAM UNITS 2441171 2441171 DONATED MATERIALS 1424989 1424989 PROGRAM DISTRIBUTION 291678 291678 FEES 42334 2068 15299 24967 39878 5583 484 33811 8107513 6095288 917473 1094752 5829354 8147331 3991840 0 40300 777510 250 0 2352298 5218846 967008 775789 585058 159224 341764 425834 13522814 15345310 643371 862102 16800 6843 235653 273816 895824 1142761 X 5226219 8489943 7400771 5712606 12626990 14202549 13522814 15345310 1576197 -638 0 X X 0 1 X 1 0 X 5936443 11015977 16876173 11829101 9579837 55237531 5936443 11015977 16876173 11829101 9579837 55237531 33969141 21268390 3333 125 3311 46627 10152 63548 34158 70295 102426 4633 254 211766 55512845 555766 0.38310 0.42180 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING REVENUE - 2016 AMOUNT: $ 16,262. 2017 AMOUNT: $ 5,455. 2018 AMOUNT: $ 92,407. MISCELLANEOUS - 2016 AMOUNT: $ 17,896. 2017 AMOUNT: $ 64,840. 2018 AMOUNT: $ 10,019. 2019 AMOUNT: $ 4,633. 2020 AMOUNT: $ 254. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14708 9679 5029 570350 149545 420805 425834 WARRANTY RESERVE 211937 DEFERRED RENT 61879 273816 X 10505576 -638 822504 821866 9683710 0 9683710 8930017 822504 822504 8107513 0 8107513 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE AND CORRESPONDING CALIFORNIA PROVISIONS. HOWEVER, THE FOUNDATION REMAINS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON AND NOT IN FURTHERANCE OF THE PURPOSE FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS THE NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS, IN THE OPINION OF MANAGEMENT, IS NOT MATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ASC TOPIC 740, INCOME TAXES (ASC 740), PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. MANAGEMENT BELIEVES THAT THERE ARE NO SUCH UNCERTAIN TAX POSITIONS FOR THE FOUNDATION AT DECEMBER 31, 2020. THE FOUNDATION'S FEDERAL INCOME TAX AND INFORMATIONAL RETURNS FOR TAX YEARS ENDED DECEMBER 31, 2017 AND SUBSEQUENT REMAIN OPEN TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE RETURNS FOR CALIFORNIA, THE FOUNDATION'S ONLY STATE TAX JURISDICTION, REMAIN OPEN TO EXAMINATION BY THE CALIFORNIA FRANCHISE BOARD FOR TAX YEARS ENDED DECEMBER 31, 2016 AND SUBSEQUENT. X X X 1 0 0 0 0 0 0 1 0 ADAM GARONE CEO 274900 0 29000 0 0 0 0 0 17640 0 321540 0 0 0 LISA POTTER SVP MARKETING & COMMUNITY ENGAGEMENT 140819 0 0 0 0 0 0 0 13462 0 154281 0 0 0 PART I, LINE 4A ELISE YEN RECEIVED FINAL VACATION PAY OF $10,774 RELATED TO HER SEPARATION. PART I, LINE 7 THE BOARD DETERMINES DISCRETIONARY INCENTIVE PAYMENTS. X TOYS AND ELECTRONICS 6 2727132 FMV X CHILD-SIZED COTTON FACE MASKS 1 30006 0 0 1 0 PART I, COLUMN (B): THIS NUMBER REFLECTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S STAFF WORKS CLOSELY WITH AN INDEPENDENT ACCOUNTING FIRM IT ENGAGES TO PREPARE THE RETURN. THE FINAL DRAFT OF FORM 990 IS ALSO REVIEWED BY THE CFO AND THE CEO. A COMPLETE COPY OF THE FINAL FORM 990 IS THEN REVIEWED BY THE AUDIT COMMITTEE PRIOR TO PROVIDING IT TO ALL VOTING BOARD MEMBERS VIA EMAIL FOR REVIEW AND COMMENT PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED BY THE OPERATIONS DEPARTMENT. PURSUANT TO THE POLICY, AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE, AIMED AT DETERMINING ANY FAMILY AND BUSINESS RELATIONSHIP TRANSACTIONS OR OTHER TRANSACTIONS THAT MAY POSE A POTENTIAL CONFLICT, IS DISTRIBUTED TO ALL COVERED PERSONS (I.E., BOARD MEMBERS, OFFICERS AND EXECUTIVE LEADERSHIP OR KEY EMPLOYEES). COVERED PERSONS ARE REQUIRED TO COMPLETE THE QUESTIONNAIRE AND DISCLOSE REAL OR POTENTIAL CONFLICTS AT THE TIME WHEN SUCH CONFLICTS ARISE. WHEN SOMEONE BECOMES A COVERED PERSON AND ANNUALLY THEREAFTER, EACH COVERED PERSON IS REQUIRED TO SIGN A STATEMENT AFFIRMING THAT HE/SHE: (1) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; (2) HAS READ THE POLICY AND UNDERSTANDS SAID POLICY; AND (3) AGREES TO COMPLY WITH ALL REQUIREMENTS OF THE POLICY, INCLUDING COMPLETING THE CONFLICT OF INTEREST QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE OPERATIONS DEPARTMENT. THE PROCEDURES FOR ADDRESSING ANY CONFLICT OF INTEREST INCLUDES, BUT IS NOT LIMITED TO, THE FOLLOWING: (1) THE CONFLICTING INTEREST IS FULLY DISCLOSED TO THE BOARD; (2) THE INTERESTED PERSON RESPONDS TO FACTUAL QUESTIONS RELATED TO THE SUBSTANCE OF THE TRANSACTION OR ARRANGEMENT BEING CONSIDERED, AFTER WHICH HE/SHE SHALL LEAVE THE MEETING; (3) THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION; (4) ALTERNATIVES TO THE PROPOSED TRANSACTION ARE INVESTIGATED, COMPETITIVE BIDS OR COMPARABLE VALUATIONS ARE OBTAINED; (5) ANY CONFLICTING ISSUES DURING THE COURSE OF A BOARD MEETING WHICH CANNOT BE RESOLVED IS REFERRED TO THE GOVERNANCE COMMITTEE; AND (6) THE TRANSACTION OR ACTION MUST BE APPROVED BY A MAJORITY OF DISINTERESTED PERSONS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD, NO MEMBER OF WHICH HAS A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT, WAS ACCOUNTABLE FOR SETTING A REASONABLE COMPENSATION PACKAGE FOR THE CEO AND CFO. THE COMPENSATION COMMITTEE DEVELOPED, CONSISTENT WITH THE FOUNDATION'S PHILOSOPHY AND PRINCIPLES, THE ANNUAL PERFORMANCE GOALS AND CRITERIA TO BE USED IN DETERMINING MERIT INCREASES AND VARIABLE COMPENSATION CRITERIA FOR THE CEO AND CFO. FOR 2018, UNDER THE EXISTING CEO CONTRACT, THE COMPENSATION COMMITTEE ALSO REVIEWED APPROPRIATE PUBLICLY AVAILABLE COMPARABILITY DATA PREPARED BY AN INDEPENDENT ENTITY THAT UTILIZED NATIONAL NONPROFIT COMPENSATION SURVEYS IN DETERMINING THE CEO'S COMPENSATION. THE COMPENSATION COMMITTEE'S WRITTEN RECORDS INCLUDE THE (1) TERMS OF THE ARRANGEMENT WITH THE CEO; AND (2) A DESCRIPTION OF THE COMPARABLE DATA RELIED ON BY THE COMMITTEE. KEY DELIBERATIONS OF THE COMMITTEE, INCLUDING: (A) THE TERMS OF THE TRANSACTION THAT WAS APPROVED AND THE DATE IT WAS APPROVED; (B) THE MEMBERS OF THE COMPENSATION COMMITTEE WHO WERE PRESENT DURING DEBATE ON THE TRANSACTION THAT WAS APPROVED AND THOSE WHO VOTED ON IT; (C) THE COMPARABILITY DATA OBTAINED AND RELIED UPON BY THE COMPENSATION COMMITTEE; AND (D) ANY ACTIONS TAKEN WITH RESPECT TO CONSIDERATION OF THE TRANSACTION BY ANYONE WHO IS OTHERWISE A MEMBER OF THE COMPENSATION COMMITTEE BUT WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE TRANSACTION ARE ALSO DOCUMENTED IN WRITING. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS POSTED ON THE ORGANIZATION'S WEBSITE. THE FORM 990 AND FORM 1023 ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. THE GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.