2020-05-15T17:20:52-05:00 2019-06-30 Grant Thornton LLP 515 S Flower Street 7th Floor LOS ANGELES CA 90071 990 2018-07-01 464463460 Starfall Education Foundation % ROGER WILSON STAR 3032841309 1725 Walnut Street Boulder CO 80302 STEPHEN SCHUTZ Chairman 8584568511 2020-05-14 true QI WEN LIANG P01270238 2136271717 2020-05-13 199.247.107.123 95361120201365000007 2020-05-15 P 85285106D67D06EDFF820F5FFC2BA856D01BFB4B 85285106D67D06EDFF820F5FFC2BA856D01BFB4B 2018 2020-09-23 17:36:50Z Stephen Schutz 1725 Walnut Street Boulder CO 80302 6930294 false X starfall.com X 2014 CO TO PROVIDE FREE AND LOW-COST INNOVATIVE ACADEMIC EDUCATIONAL RESOURCES WHEREBY CHILDREN HAVE FUN LEARNING TRHOUGH EXPLORATION, GAIN SELF-CONFIDENCE...SEE SCHEDULE O. 6 4 33 5 0 0 4162335 3767877 2352833 2310963 96709 162785 194902 224519 6806779 6466144 0 0 0 0 2780927 2996631 0 0 0 5210708 3400389 7991635 6397020 -1184856 69124 22690450 22835463 502667 513737 22187783 22321726 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. false false 5994065 0 2535482 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. 5994065 true false false false false false false false false false true false false false false true false true false false false false false false false false false false false true false false false false false false false true false false false false true false false false false true 17 0 33 true false false false false false false false false false false false false X 6 4 true false false false false false false true true false false true true true true true true true false false CA X ROGER WILSON 3032841309 1725 WALNUT STREET Boulder CO 80302 Stephen Schutz PHD Chairman, CEO, Founder 30.0 0.0 X X 0 0 0 Joel Citron Board Member 2.0 0.0 X 0 0 0 Myrna Estes Board Member 2.0 0.0 X 0 0 0 Greg Harfst Board Member 2.0 0.0 X 0 0 0 Gina Nocera Board Member 2.0 0.0 X 0 0 0 Jordanna Schutz Board Member 2.0 0.0 X 0 0 0 Paul Knutson Treasurer, Assistant Secretary 2.0 0.0 X 0 0 0 Jay Grodin JD Secretary 2.0 0.0 X 0 0 0 Diana Temple Assistant Treasurer 2.0 0.0 X 0 0 0 Roger Wilson President 40.0 0.0 X 154125 0 27138 Steven Patschke System Manager 40.0 0.0 X 107641 0 23466 Gina Morgan MANAGER 40.0 0.0 X 100200 0 17755 361966 0 68359 3 false true false SPS Studios Inc 2905 Wilderness Place BOULDER CO 80304 Fulfillment/HR 206844 1725 Walnut Street LLC PO Box 1046 LA JOLLA CA 92038 Office Rent 172227 Upwork 2625 Augustine Drive 601 SANTA CLARA CA 95054 Freelance Services 147460 3 3767877 3767877 EDUCATIONAL MEMBERSHIPS 611710 2310963 2310963 0 0 2310963 162785 162785 0 0 0 0 0 0 0 0 0 0 0 0 688669 464150 224519 224519 0 6466144 2535482 0 162785 0 0 0 0 186724 56017 130707 0 2249621 2249621 0 112252 112252 305158 305158 142876 139505 3371 0 9306 9306 75634 75634 0 0 0 388670 319370 69300 0 9421 2506 6915 209625 207178 2447 0 177859 163738 14121 37384 10302 27082 0 10193 10193 75 75 0 2193564 2188516 5048 43438 43438 BANK AND MERCHANT FEES 176793 175357 1436 0 TAXES, LICENSES, AND FEES 16401 16401 0 0 PRODUCT SAMPLES 16370 16370 0 0 REPAIRS AND MAINTENANCE 11181 11181 0 0 24475 10400 14075 6397020 5994065 402955 0 408248 491229 912994 134016 0 0 118908 90929 0 0 0 0 0 0 781469 834000 75935 73567 874709 830151 46795 44558 6945124 9908804 0 0 0 0 13360231 11181595 40746 76765 22690450 22835463 445937 441164 0 0 56730 72573 0 0 0 0 0 0 0 0 0 0 0 0 502667 513737 X 22187783 22321726 0 0 0 0 22187783 22321726 22690450 22835463 69124 64819 X X false true X true false X 2500 4304868 4422710 4162335 3767877 16660290 3357306 3202541 3093217 2999632 12652696 0 0 0 2500 7662174 7625251 7255552 6767509 29312986 2500 2500 0 2500 2500 29310486 164 37485 96709 162785 297143 0 164 37485 96709 162785 297143 0 0 2500 7662338 7662736 7352261 6930294 29610129 X 0.00000 14478 1687 12791 860231 828464 31767 44558 0 0 X FIN 48 FOOTNOTE SCHEDULE D, 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 23701(D) 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. X X X X false false false false false false false false false Roger Wilson President 154125 0 0 0 0 0 10426 0 16712 0 181263 0 0 0 1725 Walnut Street LLC See Part V 156400 OFFICE RENT false SPS STUDIOS INC See Part V 163318 FULFILLMENT SERVICES AND HR false SCHEDULE L, PART IV, LINE 1 Stephen Schutz, Chairman of the board and the chief executive officer of starfall education foundation and his wife own 1725 walnut street, llc. starfall leases office space in boulder, co from 1725 walnut street, llc. Rent is treated at FMV, was reviewed by an independent 3rd party, and was approved by the board. As such, this transaction is deemed as arms length. SCHEDULE L, PART IV, LINE 2 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 childen. 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 the SPS Studios, Inc. fullfillment agreement was on market terms and deemed the transaction as "arms 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 COMPILED 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 "ARMS LENGTH." BRIEF ORGANIZATION MISSION FORM 990, PART I, LINE 1 ...AND DEVELOP AN UNDERSTANDING AND COMPASSION FOR DIVERSITY. BUSINESS RELATIONSHIPS FORM 990, PART VI, SECTION A, LINE 2 STEPHEN SCHUTZ AND SUSAN SCHUTZ OWN 1725 WALNUT STREET, LLC, AN ENTITY THAT RENTS BOULDER, CO BUILDING TO THE ORGANIZATION. STEPHEN SCHUTZ AND SUSAN SCHUTZ ALSO OWN A COMBINED 25% INTEREST IN SPS STUDIOS. SPS STUDIOS DBA BLUE MOUNTAIN ARTS, INC. PROVIDES FULFILLMENT SERVICES AND HUMAN RESOURCE SERVICES FOR THE ORGANIZATION. STEPHEN SCHUTZ, PAUL KNUTSON, JAY GRODIN AND DIANA TEMPLE ARE EMPLOYED AT SPS STUDIOS. FAMILY RELATIONSHIPS STEPHEN SCHUTZ AND JORDANNA SCHUTZ HAVE A FAMILY RELATIONSHIP. FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM IS PROVIDED TO THE MANAGEMENT AND THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. CONFLICT OF INTEREST POLICY ENFORCEMENT & MONITORING PROCESS FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM IS SENT TO EACH DIRECTOR AND OFFICER ANNUALLY TO AVOID ANY POTENTIAL CONFLICTS OF INTEREST. COMPENSATION REVIEW Form 990, Part VI, Section B, Line 15: 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. GOVERNING DOCUMENTS FORM 990, PART VI, SECTION C, LINE 19 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 OF THE BOARD. INSTEAD, ALL COMMITTEE BUSINESS WAS DISCUSSED AND VOTED ON BY THE ENTIRE SIX MEMBER BOARD AND RECORDED IN ITS MINUTES. Starfall Education LLC 1725 Walnut Street Boulder CO 80302 272997551 App sales CA 40621 22651 Starfall PancilLLC 1725 Walnut Street Boulder CO 80302 330903809 Inactive CA 0 0 Starfall