STARS Nashville
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$13,413,903.00
Projected Expenses
$13,594,066.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| stars nashville irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $11,498,258.00 | $7,722,259.00 | $5,848,972.00 |
| Total Expenses | $11,227,782.00 | $6,232,968.00 | $4,760,224.00 |
| Revenue Less Expenses | $270,476.00 | $1,489,291.00 | $1,088,748.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $85,000.00 | $312,500.00 |
| Government - Federal | $0.00 | $1,039,209.00 | $0.00 |
| Government - State | $0.00 | $764,982.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $1,220,506.00 | $130,033.00 | $1,784,957.00 |
| Contributions, Gifts, and Grants | $489,765.00 | $386,665.00 | $806,160.00 |
| Indirect Public Support | $707,792.00 | $1,265,274.00 | $286,272.00 |
| Earned Revenue | $8,877,463.00 | $3,811,603.00 | $2,527,525.00 |
| Investment Income, Net of Losses | $98,293.00 | $85,676.00 | $59,806.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $27,851.00 | $63,120.00 | $4,022.00 |
| Revenue In-Kind | $76,588.00 | $90,576.00 | $56,948.00 |
| Other | $0.00 | $121.00 | $10,782.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $9,857,246.00 | $5,334,522.00 | $4,058,431.00 |
| Administration Expense | $1,028,546.00 | $599,648.00 | $465,907.00 |
| Fundraising Expense | $341,990.00 | $298,798.00 | $235,886.00 |
| Total Revenue/Total Expenses | 102% | 124% | 123% |
| Program Expense/Total Expenses | 88% | 86% | 85% |
| Fundraising Expense/Contributed Revenue | 3% | 5% | 5% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $8,877,463.00 | Program Revenue $3,811,603.00 | Program Revenue $2,527,525.00 |
| Second Highest Funding Source & Dollar Amount | Government Grants $1,220,506.00 | Federated Campaigns $1,265,274.00 | Government Grants $1,784,957.00 |
| Third Highest Funding Source & Dollar Amount | Federated Campaign $707,792.00 | Federal Government Grants $1,039,209.00 | Contributions, Gifts, Grants $806,160.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $9,334,610.00 | $8,528,213.00 | $8,264,302.00 |
| Current Assets | $3,079,063.00 | $2,590,062.00 | $1,710,566.00 |
| Long-Term Liabilities | $150,000.00 | $150,000.00 | $150,000.00 |
| Current Liabilities | $724,913.00 | $424,612.00 | $1,081,613.00 |
| Total Net Assets | $8,459,697.00 | $7,953,601.00 | $7,032,689.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$1,800,000.00
What is the spending policy for your endowment?
Income plus capital appreciation
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
| STARS Audit | 2023 |
| STARS Audit 2022 | 2022 |
| STARS Nashville Audit 2021 | 2021 |
| Audit | 2020 |
| STARS 2019 Audit | 2019 |
| STARS 2018 Audit | 2018 |
| STARS 2017 Audit | 2017 |
| STARS 2016 Audit | 2016 |
| STARS 2015 Audit | 2015 |
| STARS Nashville 2014 Audit | 2014 |
| STARS Nashville 2013 Audit | 2013 |
| STARS Nashville 2012 Audit | 2012 |
| Stars Nashville 2011 Audit | 2011 |
| Stars Nashville 2010 Audit | 2010 |
| stars nashville 2009 audit | 2009 |
| stars nashville 2008 audit | 2008 |
| stars nashville 2007 audit | 2007 |
| stars nashville 2006 audit | 2006 |
| stars nashville 2005 audit | 2005 |
CEO/Executive Director/Board Comments
| Over the past year, STARS has worked tirelessly to stabilize and grow our services in Davidson County, and beyond. The enormity of this effort (and strategy) to hire qualified, dedicated professionals is a testament to the creativity and staying power of our HR department. We have been able to re-stabilize and grow our adolescent treatment services in partnership with the juvenile court post-Covid. Our training division has been off-the-charts busy, providing trainings on local, state, and national levels. While the predominant training requested has been our youth-development training, MOVE2STAND, we have also experienced an uptick in requests for adult-specific trainings to address workplace culture, Restorative approaches, and, most importantly, a reemergence of requests for bullying and harassment prevention related to the Olweus Bullying Prevention Program (OBPP). Within the past year, we provided four national trainings for OBPP Coaches Training and reconnected our partnership with the Tennessee Department of Education to support their Policy to Practice trainings specific to bullying and harassment. Most recently, the Tennessee Department of Mental Health and Substance Abuse Services contacted STARS to take over the management of the Davidson County (District 4) Life Lines program to reduce stigma related to the disease of addiction and increase community support for policies that provide for treatment and recovery services. Project approaches include the establishment of evidence-based addiction and recovery programs as well as educational presentations for civic groups, faith-based organizations, and community leaders to increase understanding of the disease of addiction and support for recovery strategies. |
Foundation Staff Comments
| Financial figures taken from 990 and audit. Financial documents prepared by Puryear & Noonan, CPAS, PLLC. Comments provided by Hayley Sulfridge 3/8/24. |
