Public Charity

TRUE STAR FOUNDATION INC

Based in CHICAGO, IL, TRUE STAR FOUNDATION INC operates as a Public Charity. The organization reported $2.3M in revenue, $1.8M in expenses, $1.1M in total assets for fiscal year 2024. Imperigo tracks 44 reported grant relationships connected to this organization totaling approximately $2.3M.

EIN: 205289962 CHICAGO, IL Media & Communications NTEE: A30 Latest filing: 2024
Total Revenue$2.3M
Total Expenses$1.8M
Total Assets$1.1M
Grant Records44
Funding Total$2.3M
Filing Years2019–2024

Mission

TO PROVIDE CREATIVE A OUTLET IN LITERARY AND PROFESSIONAL DEVELOPMENT YOUTH PROGRAMS. ITS PROGRAMS EXPOSE YOUTH TO REAL WORLD EXPERIENCES PARTICULARLY IN THE FIELDS OF PUBLISHING, MARKETING AND ENTERTAINMENT.

Where $100 goes at True Star Foundation Inc

How True Star Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$82 Programs the work itself
$17 Management running the organization
$1 Fundraising raising the next dollar

Inside the $82 for programs

$74
Implemented various afterschool programs that supported 75 youth with training on Podcast creation, content and media training
90% of program spending · Reported in the filing: 75 youth
$5
Youth Curated Violence Prevention Festival-Go Fest for 2000 particpants attened
6% of program spending
$3
Partnered with State Farm to implement the safe driving fair and created a safe driving campaign
4% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

IFF
2025
Costs for acquiring equipment and/or facilites rehab costs as part of the grant
$50,000
$134,570
$134,570
2024
CHARITABLE DONATION
$126,016
2024
General support for programs, operations and other charitable purposes
$74,520

Showing up to 5 of 44 total records — full history available with membership.

Officers & Directors

DIRECTOR Ashlee Jordan
CHAIRMAN Bhavesh Shaj
DIRECTOR David Nichols
CO-EXEC DIRECTOR Deanna Mcleary
DIRECTOR Gilbert Jimenez
DIRECTOR Jasmine Nevels

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,557,038 34 grants
Youth Development
$225,600 2 grants
Health & Medicine
$140,000 2 grants
Education
$125,000 1 grant
Mental Health & Substance Abuse
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.3M $1.8M $1.1M
2023 $1.5M $1.3M $964K
2022 $749K $969K $414K
2020 $798K $611K $451K
2019 $666K $606K $99K

Between 2019 and 2024, reported annual revenue grew from $666K to $2.3M (+246%), with total assets most recently reported at $1.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for TRUE STAR FOUNDATION INC

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