Overview
What is Hidden Star Resources?
Hidden Star Resources is a dedicated nonprofit organization located in Austin, Texas. They specialize in aiding disadvantaged entrepreneurs, particularly those from minority and low-income backgrounds. By offering tailored resources, Hidden Star assists these individuals in navigating the start-up process, thereby enhancing their prospects of success. Committed to supporting underprivileged entrepreneurs nationwide, Hidden Star Resources plays a crucial role in fostering business growth and promoting economic opportunities.
Official website here: www.hiddenstar.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
Hidden Star Resources has received an 87% score from Charity Navigator, which translates to a Three-Star rating. This rating reflects a strong emphasis on accountability and finance, with the entire score derived from this single metric. It indicates that the organization is managing its resources effectively and is committed to transparency in its operations.
The organization demonstrates commendable governance practices, with 66% of its board members being independent. It has no material diversion of assets and has implemented policies for conflict of interest, whistleblower protection, and document retention. These elements suggest a solid framework for accountability and ethical management.
Additionally, Hidden Star Resources has a favorable financial profile, with a program expense ratio of 71.68%, indicating that a significant portion of its funds is directed towards its programs. The low liabilities to assets ratio of 2.08% further supports the stability of the organization. Overall, while the organization shows strong performance in accountability and financial management, continuous monitoring and engagement with stakeholders will be essential for its sustained success.
This AI summary has been generated from information found on Charity Navigator.
Is Hidden Star Resources legitimate?
Hidden Star Resources is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hidden Star Resources submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Official website here: www.hiddenstar.org
What is the mission statement of Hidden Star Resources?
Hidden Star Resources is an organization dedicated to aiding disadvantaged entrepreneurs in their start-up journey. The mission of Hidden Star Resources is to extend unique resources to minority and low-income individuals, enhancing their prospects for success. By providing guidance throughout the start-up process, this organization increases the chances of these entrepreneurs thriving in their ventures. Based on the provided information, Hidden Star Resources operates with a commitment to assisting underprivileged entrepreneurs nationwide.
Official website here: www.hiddenstar.org
Who is the CEO of Hidden Star Resources?
Unavailable
Official website here: www.hiddenstar.org
What is the revenue of Hidden Star Resources?
Hidden Star Resources's revenue in 2022 was $7,895.
Official website here: www.hiddenstar.org
Who are the executives of Hidden Star Resources and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hiddenstar.org
Where can I find the form 990EZ for Hidden Star Resources?
Hidden Star Resources's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.hiddenstar.org
Learn more at the official website: www.hiddenstar.org
Mission Statement of Hidden Star Resources
Hidden Star Resources is a dedicated organization that focuses on aiding disadvantaged entrepreneurs in their start-up journey. With a mission deeply rooted in social equity, Hidden Star provides unique resources to minority and low-income individuals. By guiding them through the intricate start-up process, Hidden Star significantly increases the chances of success for these entrepreneurs. The organization's goal is to empower these underprivileged individuals, thereby contributing to a more diverse and inclusive business landscape.
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Impact
August, 2024
Hidden Star Resources' impact lies in its commitment to providing start-up assistance to disadvantaged entrepreneurs, particularly those from minority and low-income backgrounds. By offering unique resources and guidance through the start-up process, Hidden Star increases the chances of success for these individuals. Their work not only supports the growth of underprivileged entrepreneurs but also contributes to the overall empowerment and economic development of communities across the United States.
This information is meant to be a general summary of Hidden Star Resources. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $7,895
Assets and Liabilities:
- Total Assets: $483,431
- Total Liabilities: $150,287
- Net Assets: $333,144
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Organization Details
Phone
(512) 887-8271Main Address
204 REVEILLE ROAD, AUSTIN, TX, 78746
Website
www.hiddenstar.orgNTEE Category
Code: S30 - Community improvement
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