Skip to content
Nonprofiteer
← INNER-CITY COMPUTER STARS FOUNDATION

Form 990 for tax year 2022

Filed by INNER-CITY COMPUTER STARS FOUNDATION.

Totals

Total revenue
$7,137,599
Total expenses
$5,377,306
Contributions and grants received
$5,744,464
Grants paid
$0
Program service revenue
$1,253,925
Investment income
$30,315
Other revenue
$108,895
Total assets, end of year
$7,228,642
Total liabilities, end of year
$3,294,998
Net assets or fund balances, end of year
$3,933,644
Program services expenses (Part IX)
$4,061,955
Management and general expenses
$841,091
Fundraising expenses
$474,260
Program service expenses (Part III)
$4,061,955

Program services were 75.5% 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

    $333,105

  • 1f · All other contributions, gifts and grants

    $5,411,359

  • 1g · Noncash contributions included above

    $2,901

  • 2a · Program service revenue: SERVICE PROGRAM FEES

    total $1,253,925 · related or exempt $1,253,925

  • 3 · Investment income

    total $30,315 · excluded $30,315

  • 8a · Fundraising events: gross income

    $129,209

  • 8a · Fundraising events: contributions included on line 1c

    $333,105

  • 8b · Fundraising events: direct expenses

    $68,879

  • 8c · Net income from fundraising events

    total $60,330 · excluded $60,330

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $48,565 · excluded $48,565

  • 11e · Other revenue, total

    $48,565

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $353,121 · program services $312,148 · management and general $40,973

  • 7 · Other salaries and wages

    total $2,663,015 · program services $2,058,768 · management and general $308,998 · fundraising $295,249

  • 9 · Other employee benefits

    total $282,262 · program services $193,961 · management and general $43,821 · fundraising $44,480

  • 10 · Payroll taxes

    total $466,734 · program services $416,235 · management and general $27,225 · fundraising $23,274

  • 11b · Fees: legal

    total $91 · program services $91

  • 11c · Fees: accounting

    total $37,201 · management and general $37,201

  • 11g · Fees: other

    total $422,916 · program services $306,259 · management and general $88,759 · fundraising $27,898

  • 12 · Advertising and promotion

    total $64,971 · program services $41,777 · fundraising $23,194

  • 13 · Office expenses

    total $69,246 · program services $44,466 · management and general $22,213 · fundraising $2,567

  • 14 · Information technology

    total $123,866 · program services $84,725 · management and general $32,346 · fundraising $6,795

  • 16 · Occupancy

    total $281,536 · program services $161,729 · management and general $93,122 · fundraising $26,685

  • 17 · Travel

    total $132,443 · program services $89,639 · management and general $38,736 · fundraising $4,068

  • 19 · Conferences, conventions and meetings

    total $69,675 · program services $52,967 · management and general $7,382 · fundraising $9,326

  • 20 · Interest

    total $4,487 · management and general $4,487

  • 22 · Depreciation, depletion and amortization

    total $58,274 · management and general $58,274

  • 23 · Insurance

    total $11,158 · program services $5,452 · management and general $4,538 · fundraising $1,168

  • 24a · Other expenses: PROGRAM STIPENDS

    total $255,795 · program services $255,795

  • 24b · Other expenses: PROGRAM MATERIAL, CURRI

    total $18,626 · program services $18,550 · management and general $76

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $16,309 · program services $782 · management and general $9,886 · fundraising $5,641

  • 24d · Other expenses: BAD DEBTS

    total $12,232 · management and general $12,232

  • 24e · All other expenses

    total $33,348 · program services $18,611 · management and general $10,822 · fundraising $3,915

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $465,461 · end of year $134,201

  • 2 · Savings and temporary cash investments

    beginning of year $386,923 · end of year $996,204

  • 3 · Pledges and grants receivable

    beginning of year $887,896 · end of year $1,490,426

  • 4 · Accounts receivable

    beginning of year $92,789 · end of year $1,124,692

  • 9 · Prepaid expenses and deferred charges

    beginning of year $23,913 · end of year $83,974

  • 10a · Land, buildings and equipment: cost or other basis

    $352,402

  • 10b · Land, buildings and equipment: accumulated depreciation

    $121,458

  • 10c · Land, buildings and equipment, net

    beginning of year $64,982 · end of year $230,944

  • 14 · Intangible assets

    beginning of year $99,079 · end of year $74,079

  • 15 · Other assets

    beginning of year $550,000 · end of year $3,094,122

  • 17 · Accounts payable and accrued expenses

    beginning of year $142,692 · end of year $305,371

  • 19 · Deferred revenue

    beginning of year $105,000 · end of year $10,000

  • 23 · Secured mortgages and notes payable

    beginning of year $150,000 · end of year $2,979,627

  • 27 · Net assets without donor restrictions

    beginning of year $1,165,851 · end of year $2,324,713

  • 28 · Net assets with donor restrictions

    beginning of year $1,007,500 · end of year $1,608,931

Mission and programs · 2022

Mission

FOR 25 YEARS, I.C.STARS HAS BEEN LAUNCHING THE TECHNOLOGY CAREERS OF LOW-INCOME ADULTS, AND CHANGING THE FACE OF CORPORATE IT. BY INTEGRATING EMPLOYERS AND USING PROJECT-BASED TRAINING, I.C.STARS EQUIPS RESILIENT ADULTS WITH THE SOFT SKILLS, SOCIAL CAPITAL AND TECHNOLOGY KNOWLEDGE TO SECURE ROLES IN IT. WE PAY PARTICIPANTS DURING THE 4-MONTH TRAINING, AND PROVIDE ONGOING SUPPORT FOR 20 MONTHS POST TRAINING. GRADUATES HAVE BECOME HOMEOWNERS, ENTREPRENEURS, AND TECH LEADERS. EMPLOYER PARTNERS HAVE ALSO CHANGED PERCEPTIONS AND PRACTICES AROUND 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 THE FISCAL YEAR 2023, I.C.STARS HOSTED 5 TRAINING COHORTS WITH A TOTAL OF 110 PARTICIPANTS ACROSS CHICAGO AND MILWAUKEE. PARTICIPANTS GAINED PRACTICAL SKILLS IN BUILDING SOFTWARE APPLICATIONS, HOSTING PRESENTATIONS TO POTENTIAL EMPLOYERS, AND HONING LEADERSHIP SKILLS. ON AVERAGE, 85% OF EACH COHORT SECURED JOBS IN TECHNOLOGY ROLES SUCH AS TECHNOLOGY APPRENTICE, JUNIOR SOFTWARE DEVELOPER, AND QUALITY ASSURANCE ANALYST WITH AN INITIAL TO THEIR ANNUAL EARNINGS OF APPROXIMATELY 120%. AFTER ONE YEAR, PARTICIPANTS ANNUAL EARNINGS INCREASED TO APPROXIMATELY 200%. I.C.STARS INSTRUCTORS, CASE MANAGERS, INDUSTRY PARTNERS, AND APPROXIMATELY 650 VOLUNTEERS CONTRIBUTED TO THIS OUTCOME. ADDITIONAL WORKSHOPS AND TRAINING TOOLS INCLUDE PLURALSIGHT, TRAUMA-INFORMED COUNSELING, CIVICS LESSONS, STORYTELLING FOR IMPACT AND NETWORKING EVENTS. IN ADDITION, I.C.STARS ALUMNI DELIVERED TECH WORKSHOPS TO MORE THAN 200 INDIVIDUALS THROUGH COMMUNITY BASED ORGANIZATION PARTNERSHIPS.I.C.STARS PROVIDED PROFESSIONAL DEVELOPMENT AND CASE MANAGEMENT TO 118 RECENT GRADUATES AND OVER 50 ALUMNI. FOR MANY GRADUATES, THE INITIAL EMPLOYMENT WAS AS A TECHNOLOGY APPRENTICE, SOMETIMES THROUGH I.C.STARS' EMPLOYMENT SOCIAL ENTERPRISE; WHICH PROVIDES AN EXTRA LAYER OF SUPPORT AND CHECK-INS WITH EMPLOYERS. RECENT GRADUATES RECEIVED SUPPORT FOR 20 MONTHS FOLLOWING THE 4-MONTH IMMERSIVE TRAINING: I.C.STARS' STAFF PROVIDES ONGOING 1:1 CHECK-INS, MONTHLY GROUP SESSIONS THAT INCLUDE PROFESSIONAL DEVELOPMENT, SUPPORT FOR INDUSTRY CERTIFICATIONS, TRAUMA-INFORMED COUNSELING, AND ADVOCACY WITH EMPLOYERS WHEN NECESSARY. TEN RESIDENTS ALSO PURSUED HIGHER EDUCATION DEGREES.I.C.STARS HELD EIGHT INDUSTRY EVENTS, FOUR IN CHICAGO AND MILWAUKEE, WITH SEVEN IN-PERSON AND ONE VIRTUAL. THESE EVENTS BUILD THE INTELLECTUAL AND SOCIAL CAPITAL OF PARTICIPANTS AND ALUMNI AND STRENGTHEN THE TECH SECTOR BY BRINGING TOGETHER TECH LEADERS, HIRING MANAGERS, AND NON-PROFIT PARTNERS. IN TOTAL, JUST 800 INDIVIDUALS ATTENDED THE EVENTS. EVENTS INCLUDED TWO HACK-A-THONS INSPIRED BY MARTIN LUTHER KING DAY WHICH PROVIDED LOCAL NON-PROFIT ORGANIZATIONS INSIGHTS INTO SCALING THEIR IMPACT, FOUR EVENTS FOCUSED ON TECH INNOVATIONS IN SOCIAL MEDIA, LAW, AND HEALTHCARE WITH KEYNOTES FROM META, FROEDHERT HEALTH, AND NORTHWESTERN MUTUAL, AND TWO EVENTS TO CELEBRATE OUR IMPACT WITH KEYNOTE SPEAKERS FROM GE HEALTHCARE AND ACCENTURE.

    Expenses $4,061,955 · Revenue $1,253,925

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Edelstein

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Richard Linden

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Kevin Greer

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • William Caraher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kevin Gates

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kevin McFall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Pat Moroney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Will Shields

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Melissa Summers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Sandee Kastrul

    CEO

    Total calculated
    $170,414
    From this org
    $153,999
    From related orgs
    $0
    Other
    $16,415
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,216
    Bonus
    $507
    Other
    $276
    Deferred
    $0
    Nontaxable benefits
    $16,415
    Filer's total
    $170,414
  • Andrew Duddleston

    COO

    Total calculated
    $132,930
    From this org
    $114,974
    From related orgs
    $0
    Other
    $17,956
    Hours/week
    40
  • Elizabeth Ferruelo

    CRO

    Total calculated
    $138,257
    From this org
    $121,593
    From related orgs
    $0
    Other
    $16,664
    Hours/week
    40
  • Josh Miller

    CTO

    Total calculated
    $121,909
    From this org
    $111,662
    From related orgs
    $0
    Other
    $10,247
    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
2022
Filed
23 April 2024
IRS schema version
2022v5.0
Source object
202401159349301315

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.