Form 990 for tax year 2023
Filed by INNER-CITY COMPUTER STARS FOUNDATION.
Totals
- Total revenue
- $11,117,349
- Total expenses
- $7,519,667
- Contributions and grants received
- $9,379,198
- Grants paid
- $0
- Program service revenue
- $1,541,336
- Investment income
- $263,463
- Other revenue
- -$66,648
- Total assets, end of year
- $10,965,625
- Total liabilities, end of year
- $3,291,180
- Net assets or fund balances, end of year
- $7,674,445
- Program services expenses (Part IX)
- $5,363,938
- Management and general expenses
- $1,522,724
- Fundraising expenses
- $633,005
- Program service expenses (Part III)
- $5,363,938
Program services were 71.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$660,678
-
1f · All other contributions, gifts and grants
$8,718,520
-
1g · Noncash contributions included above
$5,700
-
2a · Program service revenue: SERVICE PROGRAM FEES
total $1,541,336 · related or exempt $1,541,336
-
3 · Investment income
total $263,463 · excluded $263,463
-
8a · Fundraising events: gross income
$65,666
-
8a · Fundraising events: contributions included on line 1c
$660,678
-
8b · Fundraising events: direct expenses
$190,871
-
8c · Net income from fundraising events
total -$125,205 · excluded -$125,205
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $58,557 · excluded $58,557
-
11e · Other revenue, total
$58,557
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $500,331 · program services $453,670 · management and general $46,661
-
7 · Other salaries and wages
total $3,628,918 · program services $2,955,030 · management and general $338,438 · fundraising $335,450
-
8 · Pension plan contributions
total $45,508 · program services $18,474 · management and general $16,813 · fundraising $10,221
-
9 · Other employee benefits
total $445,376 · program services $153,090 · management and general $179,828 · fundraising $112,458
-
10 · Payroll taxes
total $527,604 · program services $447,738 · management and general $39,706 · fundraising $40,160
-
11b · Fees: legal
total $38 · program services $38
-
11c · Fees: accounting
total $56,993 · management and general $56,993
-
11g · Fees: other
total $598,587 · program services $267,764 · management and general $289,186 · fundraising $41,637
-
12 · Advertising and promotion
total $83,439 · program services $32,967 · management and general $32,420 · fundraising $18,052
-
13 · Office expenses
total $76,602 · program services $51,477 · management and general $24,222 · fundraising $903
-
14 · Information technology
total $232,259 · program services $158,708 · management and general $62,276 · fundraising $11,275
-
16 · Occupancy
total $378,956 · program services $193,363 · management and general $144,786 · fundraising $40,807
-
17 · Travel
total $150,922 · program services $79,751 · management and general $70,161 · fundraising $1,010
-
19 · Conferences, conventions and meetings
total $122,205 · program services $103,305 · management and general $16,039 · fundraising $2,861
-
20 · Interest
total $4,125 · management and general $4,125
-
22 · Depreciation, depletion and amortization
total $98,924 · management and general $98,924
-
23 · Insurance
total $13,622 · program services $8,155 · management and general $3,719 · fundraising $1,748
-
24a · Other expenses: PROGRAM STIPENDS
total $368,973 · program services $349,853 · management and general $19,120
-
24b · Other expenses: PROGRAM MATERIAL, CURRI
total $38,800 · program services $38,368 · management and general $322 · fundraising $110
-
24c · Other expenses: PROFESSIONAL DEVELOPEME
total $24,866 · program services $3,391 · management and general $20,489 · fundraising $986
-
24d · Other expenses: DUES & SUBSCRIPTIONS
total $20,980 · program services $11,047 · management and general $9,546 · fundraising $387
-
24e · All other expenses
total $101,639 · program services $37,749 · management and general $48,950 · fundraising $14,940
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $134,201 · end of year $95,899
-
2 · Savings and temporary cash investments
beginning of year $996,204 · end of year $6,286,268
-
3 · Pledges and grants receivable
beginning of year $1,490,426 · end of year $1,132,921
-
4 · Accounts receivable
beginning of year $1,124,692 · end of year $364,719
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $137,481
-
10a · Land, buildings and equipment: cost or other basis
$412,676
-
10b · Land, buildings and equipment: accumulated depreciation
$194,783
-
10c · Land, buildings and equipment, net
beginning of year $230,944 · end of year $217,893
-
14 · Intangible assets
beginning of year $74,079 · end of year $48,479
-
15 · Other assets
beginning of year $3,178,096 · end of year $2,681,965
-
17 · Accounts payable and accrued expenses
beginning of year $305,371 · end of year $311,809
-
19 · Deferred revenue
beginning of year $10,000 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $150,000 · end of year $150,000
-
25 · Other liabilities
beginning of year $2,829,627 · end of year $2,829,371
-
27 · Net assets without donor restrictions
beginning of year $2,324,713 · end of year $6,781,945
-
28 · Net assets with donor restrictions
beginning of year $1,608,931 · end of year $892,500
Mission and programs · 2023
Mission
I.C.STARS PROVIDES PAID 4-MONTH TECHNOLOGY TRAINING TO LOW-INCOME ADULTS, FOLLOWED BY 20 MONTHS OF SUPPORT. THROUGH PROJECT-BASED LEARNING AND EMPLOYER PARTNERSHIPS, PARTICIPANTS GAIN TECHNICAL SKILLS, PROFESSIONAL DEVELOPMENT, AND INDUSTRY CONNECTIONS TO LAUNCH IT CAREERS. OUR COMPREHENSIVE APPROACH INCLUDES LEADERSHIP DEVELOPMENT AND WRAPAROUND SUPPORT SERVICES. SINCE 1999, THE PROGRAM HAS TRANSFORMED PARTICIPANTS INTO SUCCESSFUL TECH PROFESSIONALS, ENTREPRENEURS, AND HOMEOWNERS WHILE HELPING EMPLOYERS EMBRACE NON-TRADITIONAL TALENT.
Activities or mission (Part I)
TO CREATE ECONOMIC OPPORTUNITY THROUGH COMPREHENSIVE JOB SKILLS TRAINING FOR CAREERS IN TECH, AND PROVIDE ONGOING SUPPORT FOR CAREER ADVANCEMENT.
-
IN 2024, I.C.STARS TRAINED 119 PARTICIPANTS ACROSS CHICAGO, MILWAUKEE AND KANSAS CITY, INCLUDING A PILOT PROGRAM FOR LOW-INCOME MOTHERS. GRADUATES, WHO LEARNED SOFTWARE DEVELOPMENT AND LEADERSHIP SKILLS, MORE THAN DOUBLED THEIR ANNUAL EARNINGS WITHIN A YEAR, LANDING ROLES AS TECHNOLOGY APPRENTICES AND JUNIOR DEVELOPERS. THE PROGRAM DREW SUPPORT FROM 825 VOLUNTEERS AND OFFERED RESOURCES LIKE TRAUMA COUNSELING AND NETWORKING EVENTS. ALUMNI EXTENDED THE IMPACT BY TEACHING DIGITAL LITERACY TO 330 PEOPLE THROUGH COMMUNITY PARTNERSHIPS.RECENT GRADUATES RECEIVED 20 MONTHS OF POST-PROGRAM SUPPORT, INCLUDING PROFESSIONAL DEVELOPMENT AND INDUSTRY CERTIFICATIONS. MANY FOUND THEIR FIRST JOBS THROUGH I.C.STARS' SOCIAL ENTERPRISE, WORKING WITH COMPANIES LIKE UNITED AIRLINES AND MOLSON COORS.THE ORGANIZATION HOSTED TEN MAJOR EVENTS ACROSS ITS THREE CITIES, DRAWING APPROXIMATELY 1,100 ATTENDEES. THESE INCLUDED HACKATHONS FOCUSED ON EDUCATION ACCESS AND FOOD SECURITY, AS WELL AS FORUMS ON ARTIFICIAL INTELLIGENCE AND QUANTUM COMPUTING. THE GATHERINGS CONNECTED TECH LEADERS WITH HIRING MANAGERS WHILE BUILDING PARTICIPANTS' PROFESSIONAL NETWORKS.
Expenses $5,363,938 · Revenue $1,541,336
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Richard LindenRICHARD LINDEN
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Kevin GatesKEVIN GATES
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Kevin GreerKEVIN GREER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Scott BoruffSCOTT BORUFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
William CaraherWILLIAM CARAHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
David EdelsteinDAVID EDELSTEIN
CHAIR EMERITUS
- Total calculated
- $0
- Hours/week
- 2
-
Kevin McFallKEVIN MCFALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Pat MoroneyPAT MORONEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Will ShieldsWILL SHIELDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Melissa SummersMELISSA SUMMERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Karin Norington-ReavesKARIN NORINGTON-REAVES
CEO
- Total calculated
- $0
- Hours/week
- 40
-
Andrew DuddlestonANDREW DUDDLESTON
COO
- Total calculated
- $176,217
- From this org
- $153,910
- From related orgs
- $0
- Other
- $22,307
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,360
- Bonus
- $550
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $22,307
- Filer's total
- $176,217
-
Sandee KastrulSANDEE KASTRUL
CHIEF INNOVATION OFFICER
- Total calculated
- $191,566
- From this org
- $173,114
- From related orgs
- $0
- Other
- $18,452
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,564
- Bonus
- $550
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $18,452
- Filer's total
- $191,566
-
Elizabeth FerrueloELIZABETH FERRUELO
CRO
- Total calculated
- $153,498
- From this org
- $134,997
- From related orgs
- $0
- Other
- $18,501
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $134,447
- Bonus
- $550
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $18,501
- Filer's total
- $153,498
-
Josh MillerJOSH MILLER
CTO
- Total calculated
- $128,944
- From this org
- $118,106
- From related orgs
- $0
- Other
- $10,838
- Hours/week
- 40
-
Larry CowensLARRY COWENS
PROGRAM DIRECTOR
- Total calculated
- $126,356
- From this org
- $112,809
- From related orgs
- $0
- Other
- $13,547
- Hours/week
- 40
-
Amanda HoganAMANDA HOGAN
MANAGING DIRECTOR
- Total calculated
- $117,521
- From this org
- $104,921
- From related orgs
- $0
- Other
- $12,600
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
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.
-
IC STARS STAFFING LLC
ENABLES EMPLOYMENT OF PROGRAM GRADUATES (I.E. TALENT STAFFING) · IL
Directly controlled by IC STARS
-
IC STARS MILWAUKEE LLC
ENABLES EMPLOYMENT OF PROGRAM GRADUATES (I.E. TALENT STAFFING) · WI
Directly controlled by IC STARS
-
IC STARS - CHICAGO LLC
ENABLES EMPLOYMENT OF PROGRAM GRADUATES (I.E. TALENT STAFFING) · IL
Directly controlled by IC STARS
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 29 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531439349301013
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