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Starlet Academy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471038541 ✦ Paterson, NJ ✦ Designated as a 501(c)(3)

Overview

What is Starlet Academy?

Starlet Academy is a child care organization situated in Paterson, New Jersey, specifically at 103 North Main Street. This nonprofit has experienced a significant increase in student enrollment, nearly doubling its previous count, as it continues to contribute to the community by providing a secure environment for families in need. Starlet Academy's primary mission involves catering to infants, toddlers, and school-aged children, offering instruction in various subjects such as science, art, music, yoga, and gardening. With a dedicated workforce of 10 employees, the organization remains committed to serving its community and fostering the growth and development of its young students.


Official website here: www.starletacademynj.com/

Is Starlet Academy legitimate?

Starlet Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Starlet Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $33,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $223,871

For more financial information, click here


Official website here: www.starletacademynj.com/

What is the mission statement of Starlet Academy?

Starlet Academy, as a child care organization, focuses on serving infants, toddlers, preschoolers in the pre-K3 and pre-K4 categories, as well as after schoolers. Their mission is to provide a stimulating environment for these children, teaching them various subjects such as science, art, music, yoga, and gardening. The organization aims to create a safe haven for families in need, contributing significantly to the community by increasing its student body by nearly 50% from the previous year.


Official website here: www.starletacademynj.com/

Who is the CEO of Starlet Academy?

Carol Sobh is the President of Starlet Academy.


Official website here: www.starletacademynj.com/

What is the revenue of Starlet Academy?

Starlet Academy's revenue in 2022 was $522,806.


Official website here: www.starletacademynj.com/

Who are the executives of Starlet Academy and what are their salaries?

The average compensation at Starlet Academy during 2022 was $25,772. There are 10 employees at Starlet Academy.

There is 1 key member and their salary:

    Carol Sobh (President) [Trustee/Director]
  • Compensation: $33,846
  • Related: $0
  • Other: $0


  • Official website here: www.starletacademynj.com/

    Where can I find the form 990 for Starlet Academy?

    The Starlet Academy’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.starletacademynj.com/

    Learn more at the official website: www.starletacademynj.com/

    Mission Statement of Starlet Academy

    Starlet Academy, a child care organization, is committed to serving infants, toddlers, pre-kindergarten 3 and 4, and after-school children. Its mission is to provide a nurturing environment where children can explore various subjects such as science, art, music, yoga, and gardening. By doing so, Starlet Academy aims to stimulate the intellectual, artistic, and physical growth of each child under its care. The organization's mission is to serve as a safe haven for families in need, contributing to the community by promoting holistic development for its young students. The increased student size by nearly 50% from the previous year is a testament to Starlet Academy's success in fulfilling its mission and serving the community.

    Impact

    This information is meant to be a general summary of Starlet Academy. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Starlet Academy has significantly impacted the community by increasing its student size by nearly 50% from the previous year. By providing child care services for infants, toddlers, preschoolers, and after-schoolers, and offering educational programs in science, art, music, yoga, and gardening, Starlet Academy has become a safe haven for families in need in Paterson, NJ. This organization is dedicated to youth development and has made a positive difference in the lives of many children and their families.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $519,070
  • Gross Receipts: $559,078

    • Assets and Liabilities:
  • Total Assets: $218,248
  • Total Liabilities: $207,021
  • Net Assets: $11,227
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Child Care

    Revenue

    $519,070

    Organization Details

    Founding Year

    2017

    Principal Officer

    Carol Sobh

    Main Address

    103 North Main Street, Paterson, NJ, 07522

    NTEE Category

    Code: O50 - Youth development

    If you are a representative of Starlet Academy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.