2017-05-12T17:11:34-05:00 2016-06-30 840930288 BROCK AND COMPANY CPAS PC 900 S MAIN STREET SUITE 200 LONGMONT CO 80501 990 2015-07-01 464463460 STARFALL EDUCATION FOUNDATION STAR 3032841309 1725 WALNUT STREET BOULDER CO 80302 STEPHEN SCHUTZ CHAIRMAN 3032841309 2017-05-11 1 LEE P ACKERMAN P01224102 3037762160 2015 2021-01-29 14:40:06Z X STEPHEN SCHUTZ 1725 WALNUT STREET BOULDER CO 80302 31262339 0 X WWW.STARFALL.COM X 2014 CO TO CREATE INNOVATIVE ACADEMIC EDUCATIONAL RESOURCES THAT INSTILL SELF-CONFIDENCE IN CHILDREN AND NURTURE UNDERSTANDING AND COMPASSION FOR THOSE WHO ARE DIFFERENT. TO SUPPORT CULTURAL DIVERSITY, UNDERSTANDING OF THE WORLD, AND ITS HISTORY AND INTERDEPENDENCE AND TO SUPPORT THE PRESERVATION OF BIODIVERSITY. 5 4 29 5 0 0 2500 27904868 0 2489627 0 164 0 281104 2500 30675763 0 0 0 0 7317 2653752 0 0 0 3254 1098909 10571 3752661 -8071 26923102 468 27320713 4081 401224 -3613 26919489 X TO CREATE INNOVATIVE ACADEMIC EDUCATIONAL RESOURCES THAT INSTILL SELF-CONFIDENCE IN CHILDREN AND NURTURE UNDERSTANDING AND COMPASSION FOR THOSE WHO ARE DIFFERENT. TO SUPPORT CULTURAL DIVERSITY, UNDERSTANDING OF THE WORLD, AND ITS HISTORY AND INTERDEPENDENCE AND TO SUPPORT THE PRESERVATION OF BIODIVERSITY. 0 0 3148949 2770731 THE FOUNDATION, THROUGH IT'S 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, CDS 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 A LOW-COST MEMBERSHIP WHICH EXPANDS IT'S 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 PUMAROSA.COM TO HELP SPANISH LANGUAGE SPEAKERS LEARN ENGLISH. 3148949 1 1 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 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 24 0 1 29 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X ROGER WILSON 3032841309 1725 WALNUT STREET BOULDER CO 80302 STEPHEN SCHUTZ PHD CHAIRMAN 30.00 X X 0 0 0 JOEL CITRON BOARD MEMBER 2.00 X 0 0 0 MYRNA ESTES BOARD MEMBER 2.00 X 0 0 0 GREG HARFST BOARD MEMBER 2.00 X 0 0 0 DR MORDECHAI ROZANSKI BOARD MEMBER 2.00 X 0 0 0 PAUL KNUTSON ASSISTANT TREASURER 2.00 X 0 0 0 ROGER WILSON VP, CHIEF TECHNOLOGY OFFICER, SECRETARY 40.00 X 61678 0 13865 JAY GRODIN JD TREASURER, ASSISTANT SECRETARY 2.00 X 0 0 0 BRANDI CHASE PRESIDENT 40.00 X 68618 0 6617 130296 0 20482 0 0 0 0 SPS STUDIOS INC DBA BLUE MOUNTAIN ARTS 2905 WILDERNESS PLACE BOULDER CO 80301 FULFILLMENT SERVICES 113165 1 27904868 23600000 27904868 EDUCATIONAL MEMBERSHIPS AND APPLI 611710 2489627 2489627 2489627 164 164 867680 586576 281104 281104 30675763 2770731 0 164 326018 326018 1815149 1815149 79681 79681 296274 296274 136630 116472 20158 32073 32073 7142 7142 264706 253120 11586 80 80 33712 31193 2519 93798 79728 14070 81202 42243 38959 62579 53192 9387 32202 27372 4830 BANK AND MERCHANT FEES 170255 83143 87112 SOFTWARE DEVELOPMENT 120685 108906 11779 TRADESHOWS 59896 59896 PRODUCT SAMPLES 35523 35523 105056 67057 37999 3752661 3148949 603712 0 468 167454 129442 136167 786067 61873 859850 771387 0 88463 3229292 22701695 20260 468 27320713 4081 401224 4081 401224 X -3613 26919489 -3613 26919489 468 27320713 26923102 0 X X 0 1 X 0 0 X 10040 2500 4304868 4317408 2770731 2770731 10040 2500 7075599 7088139 6000 2500 8500 0 6000 2500 8500 7079639 164 164 164 164 10040 2500 7075763 7088303 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: CONTRIBUTION OF MEMBERSHIP INTERESTS OF PANCIL, LLC DATE: 07/01/15 AMOUNT: 19200000. DESCRIPTION: CONTRIBUTION OF MEMBERSHIP INTERESTS OF PANCIL, LLC DATE: 07/01/15 AMOUNT: 2200000. DESCRIPTION: CONTRIBUTION OF MEMBERSHIP INTERESTS OF PANCIL, LLC DATE: 07/01/15 AMOUNT: 2200000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7654 996 6658 205644 185270 20374 646552 585121 61431 88463 X PART X, LINE 2: THE FOUNDATION FOLLOWS THE PROVISIONS OF ASC 740, PERTAINING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE PRONOUNCEMENT REQUIRES THE USE OF A MORE-LIKELY-THAN-NOT RECOGNITION CRITERIA BEFORE AND SEPARATE FROM THE MEASUREMENT OF A TAX POSITION. AN ENTITY SHALL INITIALLY RECOGNIZE THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION WHEN IT IS MORE-LIKELY-THAN-NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. WITH RESPECT TO THE FOUNDATION, THIS WOULD PRIMARILY RELATE TO THE DETERMINATION OF UNRELATED BUSINESS TAXABLE INCOME AND TO THE MAINTENANCE OF ITS TAX EXEMPT STATUS. 1725 WALNUT ST LLC OWNED BY STEPHEN SCHUTZ 90798 LANDLORD 0 SPS STUDIOS INC DBA BLUE MOUNTAIN ARTS INC PARTIALLY OWNED BY STEPHEN SCHUTZ 113165 FULFILLMENT SERVICES 0 SCHEDULE L, PART IV, LINE 1 STEPHEN SCHUTZ, CHAIRMAN OF THE BOARD AND 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. 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 ALONG WITH THEIR THREE CHILDREN. X 3 23600000 THIRD PARTY VALUATION 3 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 STEPHEN SCHUTZ AND SUSAN SCHUTZ OWN 1725 WALNUT STREET, LLC, AN ENTITY THAT RENTS THE BOULDER, CO BUILDING TO THE ORGANIZATION. STEPHEN SCHUTZ AND SUSAN SCHUTZ ALSO OWN 25% OF SPS STUDIOS. SPS STUDIOS DBA BLUE MOUNTAIN ARTS, INC. PROVIDES FULFILLMENT SERVICES FOR THE ORGANIZATION. STEPHEN SCHUTZ, PAUL KNUTSON, JAY GRODIN AND DIANA TEMPLE ARE EMPLOYED AT SPS STUDIOS. FORM 990, PART VI, SECTION A, LINE 8B 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 FIVE MEMBER BOARD AND RECORDED IN IT'S MINUTES. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS PROVIDED TO MANAGEMENT AND THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. 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. 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 THE ORGANIZATION WILL PROVIDE ITS GOVERNING DOCUMENTS AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THIS IS THE FIRST YEAR THAT THE ORGANIZATION WAS AUDITED. 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 FIVE MEMBER BOARD AND RECORDED IN IT'S MINUTES. STARFALL EDUCATION LLC 1725 WALNUT STREET BOULDER CO 80302 272997551 APPLICATION SALES CA 286251 22751 STARFALL EDUCATION FOUNDATION PANCIL LLC 1725 WALNUT STREET BOULDER CO 80302 330903809 INACTIVE CA 0 0 STARFALL EDUCATION FOUNDATION