Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
The Worldstar Foundation
990EZ • Fiscal year 2016 • EIN 47-4047453
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
6th percentile
Faster revenue growth than 6% of similar nonprofits.
Balance Sheet
Assets
Down$2,780
Down $13,094 (-82%) from 2015
Net Assets
Down$2,780
Down $13,094 (-82%) from 2015
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$32,135
Down $62,539 (-66%) from 2015
Expenses
Down$45,229
Down $33,571 (-43%) from 2015
Net Income
Down-$13,094
Down $28,968 (-182%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Nov 10, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $32,135
Mission and Program Overview
Mission
The worldstar foundation is a nonprofit corporation organized and operated exclusively for charitable purposes. The specific purpose of this organization is to provide much needed supplies to underprivileged students and individuals. We have developed two (2) programs in furtherance of our purposes.our first program is entitled: back 2 school giveaway. The purpose of this program is to provide much needed supplies to underprivileged students through an annual giving event.specifically, trough this program, we solicit donations of school supplies from the public, including but not limited to backpacks, pencil cases, pencils, erasers, paper folders and other items needed by students to use in furtherance of their educational endeavors. Every august, we then conduct an event and donate the collected school supplies to students of jamaica queens, new york for the purpose of providing the inner city youth with the essential tools for the upcoming school year. Each student is donated the sam
Program Services
| Description | Grants | Expenses |
|---|---|---|
| BACK 2 SCHOOL GIVEAWAY - PROVIDING MUCH NEEDED SUPPLIES TO UNDERPRIVILEGED STUDENTS THROUGH AN ANNUAL GIVING EVENT.SKID ROW CHRISTMAS GIVEAWAY - PROVIDING ESSENTIAL LIVING NECESSITIES TO HOMELESS AND UNDERPRIVILEGED INDIVIDUALS. | $45,229 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LEE O'DENAT DECEASED | President/Director | PT | $0 | - | - |
| GOBANA PEREZ | Secretary | PT | $0 | - | - |
| LAURA CASTELLANOS | Secretary | PT | $0 | - | - |
| ED DWYER | Director | PT | $0 | - | - |
| DANIEL COTTON | Director | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Worldstar Foundation
- EIN
- 47-4047453
- Phone
- 3105521600
- Address
- 1880 CENTURY PARK EAST, LOS ANGELES, CA 90067
Signing Officer
- Name
- Ed Dwyer
- Title
- Director/Trustee
- Signed
- 2017-11-10
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Gerber & Co Inc
- Address
- 1880 CENTURY PARK EAST SUITE 200, LOS ANGELES, CA 90067-1602
- Preparer
- Selwyn Gerber
- Phone
- 3105521600
Supplemental Narrative
Additional Explanations
Grants and Similar Amounts Paid In Excess of $5,000.2
“| Donee's Name: BACK 2 SCHOOL GIVEAWAY | Donee's Address: 89-02 165TH ST #101 JAMAICA NY 11432 | Cash Amount Given: $16431 | Description of Property: VARIOUS SCHOOL SUPPLIES | Date of Gift: 20160729 | Method Used to Determine BV: COST | Fair Market Value: $16431”
Other Expenses.1002
“Office Expenses $8052”
Other Expenses.1005
“Travel $739”
Other Expenses.1
“PUBLIC RELATIONS $3755”
Other Expenses.2
“Security & protection $2600”
Other Expenses.3
“LICENSES & PERMITS $1059”
Other Expenses.4
“AUTO EXPENSES $492”
Other Expenses.5
“TELEPHONE $134”
Raw XML Appendix151 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -13094 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 11967 |
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| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
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| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
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| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GOBANA PEREZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LAURA CASTELLANOS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ED DWYER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DANIEL COTTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT/DIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 16831 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE WORLDSTAR FOUNDATION IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. THE SPECIFIC PURPOSE OF THIS ORGANIZATION IS TO PROVIDE MUCH NEEDED SUPPLIES TO UNDERPRIVILEGED STUDENTS AND INDIVIDUALS. WE HAVE DEVELOPED TWO (2) PROGRAMS IN FURTHERANCE OF OUR PURPOSES.OUR FIRST PROGRAM IS ENTITLED: BACK 2 SCHOOL GIVEAWAY. THE PURPOSE OF THIS PROGRAM IS TO PROVIDE MUCH NEEDED SUPPLIES TO UNDERPRIVILEGED STUDENTS THROUGH AN ANNUAL GIVING EVENT.SPECIFICALLY, TROUGH THIS PROGRAM, WE SOLICIT DONATIONS OF SCHOOL SUPPLIES FROM THE PUBLIC, INCLUDING BUT NOT LIMITED TO BACKPACKS, PENCIL CASES, PENCILS, ERASERS, PAPER FOLDERS AND OTHER ITEMS NEEDED BY STUDENTS TO USE IN FURTHERANCE OF THEIR EDUCATIONAL ENDEAVORS. EVERY AUGUST, WE THEN CONDUCT AN EVENT AND DONATE THE COLLECTED SCHOOL SUPPLIES TO STUDENTS OF JAMAICA QUEENS, NEW YORK FOR THE PURPOSE OF PROVIDING THE INNER CITY YOUTH WITH THE ESSENTIAL TOOLS FOR THE UPCOMING SCHOOL YEAR. EACH STUDENT IS DONATED THE SAM |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | BACK 2 SCHOOL GIVEAWAY - PROVIDING MUCH NEEDED SUPPLIES TO UNDERPRIVILEGED STUDENTS THROUGH AN ANNUAL GIVING EVENT.SKID ROW CHRISTMAS GIVEAWAY - PROVIDING ESSENTIAL LIVING NECESSITIES TO HOMELESS AND UNDERPRIVILEGED INDIVIDUALS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 45229 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 45229 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 45229 |
| IRS990EZ/TotalRevenueAmt | 0 | 32135 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | http://worldstarfoundation.com/ |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 32135 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 94674 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 126809 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 126809 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 32135 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 94674 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 126809 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 126809 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Donee's Name: BACK 2 SCHOOL GIVEAWAY | Donee's Address: 89-02 165TH ST #101 JAMAICA NY 11432 | Cash Amount Given: $16431 | Description of Property: VARIOUS SCHOOL SUPPLIES | Date of Gift: 20160729 | Method Used to Determine BV: COST | Fair Market Value: $16431 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $8052 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Travel $739 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PUBLIC RELATIONS $3755 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | SECURITY & PROTECTION $2600 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | LICENSES & PERMITS $1059 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | AUTO EXPENSES $492 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | TELEPHONE $134 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Grants and Similar Amounts Paid In Excess of $5,000.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.5 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ED DWYER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Director/Trustee |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-11-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE WORLDSTAR FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WORL |
| ReturnHeader/Filer/EIN | 0 | 474047453 |
| ReturnHeader/Filer/PhoneNum | 0 | 3105521600 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1880 CENTURY PARK EAST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LOS ANGELES |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90067 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Gerber & Co Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1880 CENTURY PARK EAST SUITE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LOS ANGELES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 900671602 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3105521600 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Selwyn Gerber |
| ReturnHeader/ReturnTs | 0 | 2017-11-10T09:52:57-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $2,780
- Liabilities
- -
- Net assets
- $2,780
- Revenue
- $32,135
- Expenses
- $45,229
- Net income
- -$13,094
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2017Detailed filing. Detailed filing data is available for this year. | $2.60 | $2.60 | $0.09 | $0.28 | $0.19 | |
| 2016Detailed filing. Detailed filing data is available for this year. | $2.78 | $2.78 | $32.1 | $45.2 | $13.1 | |
| 2015Detailed filing. Detailed filing data is available for this year. | $15.9 | $15.9 | $94.7 | $78.8 | $15.9 | |