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Nonprofiteer
← NORTHSTAR EDUCATION FINANCE INC

Form 990 for tax year 2023

Filed by NORTHSTAR EDUCATION FINANCE INC.

Totals

Total revenue
$68,106,847
Total expenses
$66,966,127
Contributions and grants received
$0
Grants paid
$4,299,546
Program service revenue
$62,966,962
Investment income
$5,139,885
Other revenue
$0
Total assets, end of year
$825,640,988
Total liabilities, end of year
$666,178,323
Net assets or fund balances, end of year
$159,462,665
Program services expenses (Part IX)
$63,842,293
Management and general expenses
$3,123,834
Fundraising expenses
$0
Program service expenses (Part III)
$63,842,293

Program services were 95.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • TAIGE THORNTON

    PRESIDENT

    Total calculated
    $100,000
    From this org
    $100,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

  • JOHN EMERICK

    CHAIR

    Total calculated
    $37,500
    From this org
    $37,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • CLYDE NELSON

    DIRECTOR

    Total calculated
    $27,500
    From this org
    $27,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • MARY ROTHCHILD

    BOARD MEMBER

    Total calculated
    $27,500
    From this org
    $27,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • RICHARD HARRIS

    DIRECTOR

    Total calculated
    $27,500
    From this org
    $27,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • ELIZABETH ANNE CARRIER DORAN

    DIRECTOR (RETIRED) 12/2023

    Total calculated
    $18,500
    From this org
    $18,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • RICHARD NIGON

    DIRECTOR

    Total calculated
    $17,750
    From this org
    $17,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • DAVID REILING

    DIRECTOR

    Total calculated
    $16,250
    From this org
    $16,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • CHARLES OSBORNE

    CHIEF FINANCIAL OFFICER & TREASURER

    Total calculated
    $89,482
    From this org
    $89,482
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

  • SARAH DUNIWAY

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • GREG LARSON

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • WALLIN EDUCATION PARTNERS

    $3,198,696

    TO PROVIDE SCHOLARSHIPS TO STUDENTS AND SUPPORT WALLIN'S EXISTING SCHOLAR SUPPORT SERVICES THAT BENEFITS ALL SCHOLARS.

  • COLLEGE POSSIBLE

    $680,000

    TO PROVIDE AFTER-SCHOOL PROGRAMMING FOR HIGH-SCHOOL STUDENTS TO BETTER PREPARE THEM FOR ADMISSION TO COLLEGE. ADDITIONALLY, PROVIDE COACHES TO COLLEGE STUDENTS USING A STRUCTURED CURRICULUM FOCUSED ON THE ACADEMIC, FINANCIAL AND CULTURAL BARRIERS THAT HAVE BEEN IDENTIFIED AS BARRIERS TO COLLEGE SUCCESS FOR LOW-INCOME STUDENTS, WITH THE GOAL OF HELPING THEM SUCCEED AND GRADUATE FROM COLLEGE.

  • PAGE EDUCATION FOUNDATION

    $220,600

    TO SUPPORT THE ORGANIZATION'S SCHOLARSHIP PROGRAM, WHICH PROVIDES SCHOLARSHIPS TARGETED AT STUDENTS FROM UNDERSERVED COMMUNITIES, COMBINING MENTORING AND COMMUNITY SERVICE WITH ITS SCHOLARSHIP PROGRAM TO SUPPORT AND ENCOURAGE ITS STUDENTS.

  • CRISTO REY JESUIT HIGH SCHOOL

    $200,000

    TO SUPPORT THE ORGANIZATION'S COLLEGE SUCCESS PROGRAM, WHICH COMBINES COLLEGE COUNSELING WITH POST-GRADUATION SUPPORT, SERVING AS A KEY RESOURCE FOR STUDENTS TO UNDERSTAND OPPORTUNITIES AVAILABLE TO THEM AFTER GRADUATION FROM HIGH SCHOOL.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • NORTHSTAR EDUCATION FUNDING I LLC

    FINANCING HIGHER EDUCATION · DE · income $0 · assets $0

    Directly controlled by NORTHSTAR EDUCATION FINANCE INC

Provenance

Return type
form_990
Tax year
2023
Filed
15 March 2025
IRS schema version
2023v6.0
Source object
202510799349301601

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