Stara Collaborative EIN 88-0894828

Stara Collaborative FY2024 filing

EIN  88-0894828 Public charity (501(c)(3)) Kalamazoo, MI Founded 2022
Form 990 (PDF)
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Verified accurate 9/1/26 · see original filing: IRS
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Size
$1–10M
What they do
Empowering project leaders with resources and support to build a more just community.
Leadership
Jacob Beach · Executive Di · $98K
Money in and out
$803K revenue, $519K expenses
Bottom line
61% program efficiency

Empowering project leaders with resources and support to build a more just community. For fiscal year 2024 it reported $803K in revenue, $519K in expenses, and $1.5M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$803K
Pt VIII · Ln 12
Total expenses
$519K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $284K
Where spending went · Part IX cols B–D
Program services $0.61 Management & general $0.26 Fundraising $0.12
Program efficiency
61%
of spending reaches programs
Operating runway
34.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+35%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$803K
FY2024▲ +10%
Expenses
$519K
FY2024▲ +463%
Total assets
$1.6M
FY2024▲ +142%
Total liabilities
$88K
FY2024▲ ×100
Total revenue
$803K
Pt VIII · Ln 12
Total expenses
$519K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$284K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B61%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $319K of program spending, described in the organization's own filed words · FY2024.
01

Stara collaborative provides fiscal sponsorship and operational support to community projects. These supports include access to shared infrastructure, shared work & meetings, office supplies & equipment.

$319Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStara Collaborative
EINHdr · item D88-0894828
Principal addressHdr · item CKalamazoo, MI
WebsiteHdr · item Jwww.stara.org
Year of formationHdr · item L2022
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R19)
Ruling yearIRS BMFDec 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$98,462Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jacob Beach’s $109K as Executive Di is at the 30th percentile of top reported officer pay among 796 $1–10M civil rights & advocacy 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

NameFY2025FY2024
Jacob Beach$108,706$98,462

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$796K · 99%
Investment income$7K · 1%
Contributions & grants99%$796K
Investment income1%$7K
Total revenueLn 12$803K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.61 Management & general $0.26 Fundraising $0.12
Program services61%$319K
Management & general26%$137K
Fundraising12%$63K
Total functional expensesLn 25$519K

Balance Sheet

Part X · end of year
CashLn 1$1.5M
Total assetsLn 16$1.6M
Total liabilitiesLn 26$88K
Total net assetsLn 32$1.5M
Months of cash on handcomputed34.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.5M · Operating expenses/yr $519K
34.7 months
Where the money goes
Program services
Program services $319K · Total expenses $519K
61%
Management & General
Management & general $137K · Total expenses $519K
26%
Fundraising
Fundraising $63K · Total expenses $519K
12%
Cost to raise $1
Fundraising expense (2-yr avg) $32K · Solicited contributions (2-yr avg) $764K
$0.04 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $796K · Total revenue $803K
99%
Government reliance
Government grants — · Total revenue $803K
Earned-income share
Program service revenue $0 · Total revenue $803K
0%
Investment reliance
Investment income $7K · Total revenue $803K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $519K
0%
Growth & trend
Revenue growth (YoY)
This year $803K · Prior year $733K
+10%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $803K · Expenses $519K
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $1.6M
Net-asset ratio
Net assets $1.5M · Total assets $1.6M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jacob Beach · Reported title EXECUTIVE DI · Highest reported compensation $98K · Total expenses $519K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $230K · Total expenses $519K
44%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 61%
Overhead ratio 26%
Fundraising cost ratio 8%
Revenue growth 10%

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 1 funder$100K

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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
FY2025 (Latest)$8.0M revenue · ⤓ 990 PDF
FY2024$803K revenue · viewing · ⤓ 990 PDF
FY2023$733K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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