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Project Starfish Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 814509949 ✦ Naperville, IL ✦ Designated as a 501(c)(3)

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Overview

What is Project Starfish Corporation?

Project Starfish Corporation is a compassionate nonprofit organization, located unspecified, dedicated to helping individuals and families manage their finances. Their primary mission is to aid in debt reduction and cover unforeseen expenses through recurring grants. They accept grant application submissions twice annually, meticulously reviewed by the board, who then distribute grants to deserving families. In 20XX, Project Starfish Corporation extended assistance to seven families, collectively supporting twelve families in total.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Not Available

Project Starfish Corporation has received overwhelmingly positive feedback from clients who have benefited from its assistance programs. Many reviews highlight the organization's financial grants as a significant lifeline for families facing financial hardships. Clients express gratitude for the monthly monetary support, which has helped them cover essential living expenses and unexpected costs, thereby reducing their financial stress and fostering accountability in budgeting.

The organization seems to excel in providing not only financial aid but also a structured approach to financial management. Clients have reported that participating in budgeting exercises, often in conjunction with programs like Dave Ramsey's Financial Peace University, has empowered them to take control of their financial situations. These experiences have cultivated a sense of community and support among recipients, who are eager to give back once they achieve financial stability.

Despite the glowing reviews, it’s important to recognize that the data does not include any critical feedback or limitations about the organization. This absence of negative commentary may indicate either a lack of negative experiences or a need for broader feedback collection. Overall, Project Starfish Corporation appears to be a valuable resource for those in need, providing both funds and guidance for financial recovery.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Project Starfish Corporation legitimate?

Project Starfish Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Starfish Corporation 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.

What is the mission statement of Project Starfish Corporation?

Project Starfish Corporation's mission is centered around providing support to individuals and families. Specifically, it aims to help them become debt-free or manage unexpected expenses through the distribution of recurring grants. The corporation accepts grant request applications on a biannual basis, with the board reviewing and voting on grants to provide financial assistance. In the previous year, Project Starfish Corporation granted aid to seven families, contributing to a total of twelve families receiving financial assistance.

Who is the CEO of Project Starfish Corporation?

Lawrence Waskom is the President of Project Starfish Corporation.

What is the revenue of Project Starfish Corporation?

Project Starfish Corporation's revenue in 2022 was $32,101.

Who are the executives of Project Starfish Corporation and what are their salaries?


Here are 3 key members and their salaries:


Lawrence Waskom (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Scholle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Waskom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Project Starfish Corporation?

Project Starfish Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Project Starfish Corporation

Project Starfish Corporation, a nonprofit organization, is dedicated to assisting individuals and families in managing their finances. Its mission is to aid in the elimination of debt and provide support for covering unexpected expenses. The corporation accomplishes this by offering recurring grants to eligible families. The organization reviews grant application submissions biannually, and during the year, it approved financial aid for seven families. In total, Project Starfish Corporation extended financial assistance to twelve families in need. The corporation's mission is to empower families to regain financial stability and overcome temporary financial hardships.

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Impact




August, 2024

Project Starfish Corporation's impact is evident through its provision of short-term budgeting and financial assistance to individuals and families in need. By offering recurring grants, the organization assists recipients in becoming debt-free or covering unexpected expenses. The corporation's commitment to supporting families is reflected in their review and approval of grant requests, resulting in twelve families benefiting from their assistance. This impactful work is carried out in Naperville, IL, making a positive difference in the lives of those facing financial challenges.




This information is meant to be a general summary of Project Starfish Corporation. 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.

Revenue
$32,101 (2022)
Expenses
$33,800 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $32,101

Assets and Liabilities:

  • Total Assets: $25,298
  • Total Liabilities: $0
  • Net Assets: $25,298

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Organization Details

Principal Officer

Lawrence Waskom

Main Address

1500 Wexford Pl, Naperville, IL, 60564

NTEE Category

Code: K30 - Food

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