Aster Study Center INC EIN 27-4367432

Aster Study Center INC FY2020 filing

EIN  27-4367432 Public charity (501(c)(3)) Los Angeles, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Teaches homemaking as an art and science, applying hospitality principles to home management.
Leadership
Stephanie Mascari · Board Member · $8K
Money in and out
$308K revenue, $267K expenses
Bottom line
70% program efficiency

Teaches homemaking as an art and science, applying hospitality principles to home management. For fiscal year 2020 it reported $308K in revenue, $267K in expenses, and $149K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$308K
Pt VIII · Ln 12
Total expenses
$267K
Pt IX · Ln 25
Net assets
$149K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $41K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.30
Program efficiency
70%
of spending reaches programs
Operating runway
2.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+13%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$308K
FY2020
Expenses
$267K
FY2020
Total assets
$149K
FY2020
Total liabilities
$694
FY2020
Total revenue
$308K
Pt VIII · Ln 12
Total expenses
$267K
Pt IX · Ln 25
Net assets
$149K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$41K
Total assetsPt X · Ln 16$149K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $186K of program spending, described in the organization's own filed words · FY2020.
01

Aster study center, inc offers a number of programs to carry out its mission. These include the following 1. Training program - internships in hospitality services established at two sites.2. Art of living - program for high school girls that focuses on nutrition, food preparation and presentation, event planning.

$186Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAster Study Center INC
EINHdr · item D27-4367432
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFAug 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$8,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Stephanie Mascari’s $8K as Board Member is at the 5th percentile of top reported officer pay among 1985 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Stephanie Mascari$8,000$8,000$8,000$8,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$167K · 54%
Program service revenue$141K · 46%
Contributions & grants54%$167K
Program service revenue46%$141K
Investment income$5
— government grantsLn 1e$30K
Total revenueLn 12$308K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.30
Program services70%$186K
Management & general30%$81K
Total functional expensesLn 25$267K

Balance Sheet

Part X · end of year
CashLn 1$52K
Total assetsLn 16$149K
Total liabilitiesLn 26$694
Total net assetsLn 32$149K
Months of cash on handcomputed2.3

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $52K · Operating expenses/yr $267K
2.3 months
Where the money goes
Program services
Program services $186K · Total expenses $267K
70%
Management & General
Management & general $81K · Total expenses $267K
30%
Fundraising
Fundraising $0 · Total expenses $267K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $137K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $167K · Total revenue $308K
54%
Government reliance
Government grants $30K · Total revenue $308K
10%
Earned-income share
Program service revenue $141K · Total revenue $308K
46%
Investment reliance
Investment income $5 · Total revenue $308K
<0.01%
Program self-sufficiency
Program service revenue $141K · Total expenses $267K
53%
Growth & trend
Revenue growth (YoY)
This year $308K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $149K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $308K · Expenses $267K
+13%
Liabilities-to-Assets
Total liabilities — · Total assets $149K
Net-asset ratio
Net assets $149K · Total assets $149K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $149K
0%
People & payroll
Highest Reported Total Compensation
Individual Stephanie Mascari · Reported title Board Member · Highest reported compensation $8K · Total expenses $267K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $141K · Total expenses $267K
53%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 30%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$99K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$304K revenue · ⤓ 990 PDF
FY2023$288K revenue · ⤓ 990 PDF
FY2022$307K revenue · ⤓ 990 PDF
FY2021$314K revenue · ⤓ 990 PDF
FY2020$308K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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