Rising Stars Foundation Inc

Nonprofit profile at a glance

EIN
822025932
IRS 990-EZ coverage
2019–2024
Forms available
Form 990 2018, Form 990-EZ 2024
Location
Elkhorn, WI, USA
Phone
2628136116
Rating confidence
Limited
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$594
Expenses
$104
Assets
$598
Liabilities
$104

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • MICHAEL J BUTTLEMAN (PRESIDENT/TR)

People named in this filing

  • MICHAEL J BUTTLEMAN (PRESIDENT/TR)
  • DONNA J VOLDAN (VP/SECRETARY)
  • MELISSA REED (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The specific objectives and purposes of this corporation shall be: (1) to facilitate the personal growth and musicianship of students through provision of tuition assistance programs, instruments, equipment and supplies to those with financial need who possess the drive to succeed in performance of music; (2) to develop procedures to assess the financial need of students, measure and review their progress, and fund as warranted on a stepwise basis; (3) to accept and solicit contributions of cash and property for the benefit of the students; (4) to engage in fundraising activities for the benefit of the students: and (5) to sponsor programs in music persormance for all ages, culture and ethnicity.

What it reported doing in 2024

Tuition assistance programs for student lessons

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 80
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 82.5%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 5.75; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -34.5% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -33.8% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: -43.1% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.