Civic Intelligence

Cf Future Stars Inc

990 • Fiscal year 2022 • EIN 84-2405446

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

1732 Kersley CircleHeathrow, FL 32746

(518) 641-8122

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

77th percentile

0.07x

Higher debt load relative to assets than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

55th percentile

7.7%

Higher net margin than 55% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

93rd percentile

137%

Faster asset growth than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

78th percentile

67%

Faster revenue growth than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$47,078

Up $27,242 (+137%) from 2021

Net Assets

Up

$43,785

Up $29,580 (+208%) from 2021

Liabilities

Down

$3,293

Down $2,338 (-42%) from 2021

Revenue

Up

$385,507

Up $155,292 (+67%) from 2021

Expenses

Up

$355,964

Up $139,181 (+64%) from 2021

Net Income

Up

$29,543

Up $16,111 (+120%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2019: $114,644Liabilities 2019: $971Net Assets 2019: $113,6732019Assets 2020: $854Liabilities 2020: $81Net Assets 2020: $7732020Assets 2021: $19,836Liabilities 2021: $5,631Net Assets 2021: $14,2052021Assets 2022: $47,078Liabilities 2022: $3,293Net Assets 2022: $43,7852022Assets 2023: $15,336Liabilities 2023: $25Net Assets 2023: $15,3112023Assets 2024: $7,251Liabilities 2024: $111Net Assets 2024: $7,1402024

Highlighted filing

2022

Assets$47,078
Liabilities$3,293
Net Assets$43,785

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2019: $241,778Expenses 2019: $128,105Net Income 2019: $113,6732019Revenue 2020: $148,291Expenses 2020: $260,568Net Income 2020: -$112,2772020Revenue 2021: $230,215Expenses 2021: $216,783Net Income 2021: $13,4322021Revenue 2022: $385,507Expenses 2022: $355,964Net Income 2022: $29,5432022Revenue 2023: $510,000Expenses 2023: $538,474Net Income 2023: -$28,4742023Revenue 2024: $135,000Expenses 2024: $143,171Net Income 2024: -$8,1712024

Highlighted filing

2022

Revenue$385,507
Expenses$355,964
Net Income$29,543
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$385,507
Mission and Program Overview

Mission

CF Future Stars provides under-privileged youths an opportunity to access a full platform of education, testing, coaching, travel programs, fitness and skills training to earn scholarships.

Future stars, inc. (the "charity") has been formed to operate as a public charity within the meaning of section 509(a)(2) of the internal revenue code of 1986, as amended (the "code"). Stated in the most direct terms, the charity was formed to develop, promote, direct and foster baseball and softball among boys and girls between the ages of 7 and 17 years to provide instruction and sportsmanlike competition. By way of further explanation, the charity will provide youth athletes an opportunity to have access to a full platform of training, education, testing systems and analytics, travel programs, showcase events, funding, fitness and skill training, and marketing to obtain scholarships to higher education through sports (specifically softball and baseball). Certain sports in today's climate are extremely expensive to join "travel programs- and have access to private lessons and highly skilled coaches, training equipment or analytical systems that college coaches utilize, travel to key

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$19,905$47,189▲ $27,284
Accounts Receivable$-69$-111▼ $42
Total Assets$19,836$47,078▲ $27,242
Liabilities
Other Liabilities$5,631$3,293▼ $2,338
Total Liabilities$5,631$3,293▼ $2,338
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,205$43,785▲ $29,580
Total Net Assets Fund Balance$14,205$43,785▲ $29,580
Total Liabilities and Net Assets / Fund Balance$19,836$47,078▲ $27,242
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gerald Joseph Mcmeel JrPresident
Ben TannlerDirector
David AmslerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$385,507
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$342,694
Change in Net Assets
$29,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$355,964
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$148,193-$148,193
Fees for Services Management-$70,383-$70,383
Advertising-$69,962-$69,962
Travel-$66,358-$66,358
Insurance-$625-$625
Office Expenses-$258-$258
Fees for Services Legal-$185-$185
Total Functional Expenses$0$355,964$0$355,964
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Amex$3,293
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

TRACY ADEE

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Cf Future Stars Inc
EIN
84-2405446
Phone
5186418122
Address
1732 KERSLEY CIRCLE, HEATHROW, FL 32746

Signing Officer

Name
David Amsler
Title
Director
Phone
5186418122
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerald Joseph Mcmeel Jr
Formed
2019
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Core Advisors Ltd
Address
510 LEXINGTON AVE STE 101, CHAPIN, SC 29036-8088
Preparer
Thomas a Gore CPA Cfp
Phone
8039414440
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Future stars, inc. (the "charity") has been formed to operate as a public charity within the meaning of section 509(a)(2) of the internal revenue code of 1986, as amended (the "code"). Stated in the most direct terms, the charity was formed to develop, promote, direct and foster baseball and softball among boys and girls between the ages of 7 and 17 years to provide instruction and sportsmanlike competition. By way of further explanation, the charity will provide youth athletes an opportunity to have access to a full platform of training, education, testing systems and analytics, travel programs, showcase events, funding, fitness and skill training, and marketing to obtain scholarships to higher education through sports (specifically softball and baseball). Certain sports in today's climate are extremely expensive to join "travel programs- and have access to private lessons and highly skilled coaches, training equipment or analytical systems that college coaches utilize, travel to key "showcase tournaments- or even attend after school or summer training camps. The charity intends to provide the highest quality facilities, coaches, training, analytical systems, access to showcase events, funding for travel teams and programs, and scholarships for under-privileged kids (that is, youth who normally are unable to participate because of the financial expense imposed on the individual player) to camps, training and travel programs. The charity will provide this platform through fundraising and donations along with running camps, training, access to the facilities for outside programs and highly competitive travel team tournaments with entry fees.

Form 990, Part IX, Line 11G

Consulting 0 88,620 0 equipment 0 9,208 0 gate fees 0 2,808 0 practice fields 0 17,933 0 dues & subscription 0 957 0 scholarships 0 28,667 0 total 0 148,193 0

Form 990, Part XI, Line 9

Adjustment for bs equity 37 adjustment for incorrect b/s equity 0 total 37

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FUTURE STARS, INC. (THE "CHARITY") HAS BEEN FORMED TO OPERATE AS A PUBLIC CHARITY WITHIN THE MEANING OF SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). STATED IN THE MOST DIRECT TERMS, THE CHARITY WAS FORMED TO DEVELOP, PROMOTE, DIRECT AND FOSTER BASEBALL AND SOFTBALL AMONG BOYS AND GIRLS BETWEEN THE AGES OF 7 AND 17 YEARS TO PROVIDE INSTRUCTION AND SPORTSMANLIKE COMPETITION. BY WAY OF FURTHER EXPLANATION, THE CHARITY WILL PROVIDE YOUTH ATHLETES AN OPPORTUNITY TO HAVE ACCESS TO A FULL PLATFORM OF TRAINING, EDUCATION, TESTING SYSTEMS AND ANALYTICS, TRAVEL PROGRAMS, SHOWCASE EVENTS, FUNDING, FITNESS AND SKILL TRAINING, AND MARKETING TO OBTAIN SCHOLARSHIPS TO HIGHER EDUCATION THROUGH SPORTS (SPECIFICALLY SOFTBALL AND BASEBALL). CERTAIN SPORTS IN TODAY'S CLIMATE ARE EXTREMELY EXPENSIVE TO JOIN "TRAVEL PROGRAMS- AND HAVE ACCESS TO PRIVATE LESSONS AND HIGHLY SKILLED COACHES, TRAINING EQUIPMENT OR ANALYTICAL SYSTEMS THAT COLLEGE COACHES UTILIZE, TRAVEL TO KEY "SHOWCASE TOURNAMENTS- OR EVEN ATTEND AFTER SCHOOL OR SUMMER TRAINING CAMPS. THE CHARITY INTENDS TO PROVIDE THE HIGHEST QUALITY FACILITIES, COACHES, TRAINING, ANALYTICAL SYSTEMS, ACCESS TO SHOWCASE EVENTS, FUNDING FOR TRAVEL TEAMS AND PROGRAMS, AND SCHOLARSHIPS FOR UNDER-PRIVILEGED KIDS (THAT IS, YOUTH WHO NORMALLY ARE UNABLE TO PARTICIPATE BECAUSE OF THE FINANCIAL EXPENSE IMPOSED ON THE INDIVIDUAL PLAYER) TO CAMPS, TRAINING AND TRAVEL PROGRAMS. THE CHARITY WILL PROVIDE THIS PLATFORM THROUGH FUNDRAISING AND DONATIONS ALONG WITH RUNNING CAMPS, TRAINING, ACCESS TO THE FACILITIES FOR OUTSIDE PROGRAMS AND HIGHLY COMPETITIVE TRAVEL TEAM TOURNAMENTS WITH ENTRY FEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRACY ADEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONSULTING 0 88,620 0 EQUIPMENT 0 9,208 0 GATE FEES 0 2,808 0 PRACTICE FIELDS 0 17,933 0 DUES & SUBSCRIPTION 0 957 0 SCHOLARSHIPS 0 28,667 0 TOTAL 0 148,193 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ADJUSTMENT FOR BS EQUITY 37 ADJUSTMENT FOR INCORRECT B/S EQUITY 0 TOTAL 37
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 9
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt01732 KERSLEY CIRCLE
IRS990/USAddress/CityNm0HEATHROW
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032746
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID AMSLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05186418122
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CF FUTURE STARS INC
ReturnHeader/Filer/BusinessNameControlTxt0CFFU
ReturnHeader/Filer/EIN0842405446
ReturnHeader/Filer/PhoneNum05186418122
ReturnHeader/Filer/USAddress/AddressLine1Txt01732 KERSLEY CIRCLE
ReturnHeader/Filer/USAddress/CityNm0HEATHROW
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032746
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260671756
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CORE ADVISORS LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0510 LEXINGTON AVE STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHAPIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0290368088
ReturnHeader/PreparerPersonGrp/PhoneNum08039414440
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS A GORE CPA CFP
ReturnHeader/ReturnTs02023-11-15T14:58:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0AMSLER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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