Starfish Accelerator Foundation

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

EIN: 862288129 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Starfish Accelerator Foundation?

Starfish Accelerator Foundation is a nonprofit organization situated in Los Angeles, California. Established with charitable intentions, its primary objective is to support Black, Indigenous, and People of Color (BIPOC) artists and creatives. It achieves this goal by accepting donations and utilizing its resources for charitable, scientific, literary, and educational purposes. The foundation may also make grants and contributions to eligible organizations, as specified under Code Section 501(c)(3). By providing financial assistance and support to BIPOC artists and organizations, Starfish Accelerator Foundation aims to foster their growth and development in the artistic and creative fields.


Is Starfish Accelerator Foundation legitimate?

Starfish Accelerator Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Starfish Accelerator Foundation 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: $0
Professional Fundraising Fees: $16,900
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Starfish Accelerator Foundation?
Who is the CEO of Starfish Accelerator Foundation?
What is the revenue of Starfish Accelerator Foundation?
Who are the executives of Starfish Accelerator Foundation and what are their salaries?
Where can I find the form 990 for Starfish Accelerator Foundation?

Mission Statement of Starfish Accelerator Foundation

The Starfish Accelerator Foundation is established with a charitable mission, aiming to utilize its resources for beneficial purposes. This includes receiving donations and using its funds and assets to support artists and creatives of Black, Indigenous, and People of Color (BIPOC) backgrounds. The organization achieves this objective either by providing direct aid or by making contributions to eligible charitable organizations, as defined by section 501(c)(3) of the Internal Revenue Code. The Starfish Accelerator Foundation's primary goal is to contribute to the artistic and creative communities of BIPOC individuals, fostering their growth and success in the fields of literature, science, and education.

Impact

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




Wednesday, July 24, 2024

Starfish Accelerator Foundation's impact is focused on supporting BIPOC artists and creatives through charitable, educational, and scientific initiatives. Their mission is to uplift and empower individuals from underrepresented communities in the arts sector, ensuring they have the resources and opportunities needed to thrive. Through their work, they aim to drive positive change in the creative industry and help cultivate a more diverse and inclusive cultural landscape.





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 2021.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $675,890

    • Assets and Liabilities:
  • Total Assets: $574,920
  • Total Liabilities: $0
  • Net Assets: $574,920
  • Organization Details

    Founding Year

    2021

    Principal Officer

    Mahyad Tousi

    Main Address

    2425 VADO DRIVE, LOS ANGELES, CA, 90046

    NTEE Category

    Code: A99 - Arts

    If you are a representative of Starfish Accelerator Foundation 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.