2026-04-21T14:34:01-05:00 2025-06-30 991856619 GRANT THORNTON ADVISORS LLC 53 STATE STREET SUITE 1600 BOSTON MA 02109 990 2024-07-01 464463460 STARFALL EDUCATION FOUNDATION STAR 3032841309 4900 NAUTILUS CT N BOULDER CO 80301 STEPHEN SCHUTZ CHAIRMAN 8584568500 2026-04-21 1 1 ERIN COUTURE P01390592 6177237900 2026-04-20 2024 2025-03-06 01:10:19Z STEPHEN SCHUTZ 4900 NAUTILUS CT N BOULDER CO 80301 7619907 0 X STARFALL.COM X 2014 CO TO PROVIDE FREE AND LOW-COST INNOVATIVE ACADEMIC EDUCATIONAL RESOURCES...SEE SCH OWHEREBY CHILDREN HAVE FUN LEARNING THROUGH EXPLORATION, GAIN SELF-CONFIDENCE, AND DEVELOP AN UNDERSTANDING AND COMPASSION FOR DIVERSITY. 6 4 31 5 123558 119693 1805963 1679008 4706004 4493923 335028 474512 281309 297142 7128304 6944585 190000 185000 0 0 3811245 4117645 0 0 0 2884973 2551860 6886218 6854505 242086 90080 25730375 27311689 835887 944750 24894488 26366939 X TO PROVIDE FREE AND LOW-COST INNOVATIVE ACADEMIC EDUCATIONAL RESOURCES WHEREBY CHILDREN HAVE FUN LEARNING THROUGH EXPLORATION, GAIN SELF-CONFIDENCE, AND DEVELOP AN UNDERSTANDING AND COMPASSION FOR DIVERSITY AND THE ENVIRONMENT. 0 0 5251698 185000 4540918 SEE SCHEDULE O 5251698 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 20 0 1 31 1 1 1 0 0 0 0 0 0 0 0 0 X 6 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X ROGER WILSON 3032841309 4900 NAUTILUS CT N BOULDER CO 80301 STEPHEN SCHUTZ PHD CHAIRMAN, CEO, FOUNDER 30.00 0.00 X X 0 0 0 JOEL CITRON BOARD MEMBER 2.00 0.00 X 0 0 0 MYRNA ESTES BOARD MEMBER 2.00 0.00 X 0 0 0 GREG HARFST BOARD MEMBER 2.00 0.00 X 0 0 0 GINA NOCERA BOARD MEMBER 2.00 0.00 X 0 0 0 JORDANNA SCHUTZ BOARD MEMBER 2.00 0.00 X 0 0 0 ROGER WILSON PRESIDENT 40.00 0.00 X 192148 0 34083 MARK MISIANO CFO, ASSISTANT SECRERTARY 40.00 0.00 X 144394 0 22134 PAUL KNUTSON TREASURER, ASSISTANT SECRETARY 2.00 0.00 X 0 0 0 JAY GRODIN JD SECRETARY 2.00 0.00 X 0 0 0 DIANA TEMPLE ASSISTANT TREASURER 2.00 0.00 X 0 0 0 GINA MORGAN SR DIRECTOR OF CIC & CONTENT DISTRIB 40.00 0.00 X 147327 0 22407 HELEN PARKER SR DIRECTOR OF OPERATIONS 40.00 0.00 X 145969 0 9619 STEVEN SCHULTZ DIRECTOR ADVANCED LEARNING GAMES 40.00 0.00 X 138592 0 21790 ARTHUR MORGAN SR SOFTWARE ENGINEER 40.00 0.00 X 123469 0 21005 GREGORY BOUBEL DIRECTOR SOFTWARE ENGINEER 40.00 0.00 X 122453 0 20714 1014352 0 151752 7 0 1 0 KIRKLAND & ELLIS LLP 333 WEST WOLF POINT PLAZA CHICAGO IL 60654 LEGAL SERVICES 535832 HARRY MELKONIAN 20 BOND STREET LEVEL 5 SYDNEY AS NSW 2000 LEGAL SERVICES 376365 SPS STUDIOS INC 6450 GUNPARK DRIVE BOULDER CO 80301 FULFILLMENT/HR 213864 PA HUTCHINSON COMPANY 400 PENN AVENUE JERMYN PA 18433 BOOKING PRINTING 169773 FEDEX PO BOX 94515 PALATINE IL 60094 DELIVERY SERVICES 124891 8 1679008 1679008 EDUCATION MEMBERSHIPS 611710 4493923 4493923 4493923 474512 474512 17667 17667 496212 263732 232480 232480 123558 108922 458585 411590 46995 46995 6944585 4540918 123558 601101 185000 185000 240300 72090 168210 3013208 2855722 157486 164638 155323 9315 439417 439417 260082 212946 47136 766027 766027 113474 113474 37843 37843 335753 242164 93589 3269 3269 17616 15441 2175 203748 196333 7415 107728 91476 16252 47311 23090 24221 14078 14078 108016 99078 8938 89191 89191 BANK AND MERCHANT FEE 607536 603712 3824 TAXES, LICENSES, & FEES 50813 19774 31039 COMMISSION / LEASE COST 16634 16634 ENTERTAINMENT / MEALS 14665 8811 5854 18158 13974 4184 6854505 5251698 1602807 0 354286 317590 1472252 1261012 369910 412548 678626 713499 88980 167846 8533608 1643732 6970914 6889876 13298621 15015907 2488432 2525129 8354 8282 25730375 27311689 768607 700029 67280 244721 835887 944750 X 24894488 26366939 24894488 26366939 25730375 27311689 90080 1382371 0 X X 0 1 X 1 0 X 3555244 2596647 1991299 1805963 1679008 11628161 2831876 3761225 4469012 4706004 4493923 20262040 6387120 6357872 6460311 6511967 6172931 31890201 0 0 0 31890201 260594 200532 419758 498529 683530 2062943 51416 243819 262831 305995 304892 1168953 312010 444351 682589 804524 988422 3231896 6699130 6802223 7142900 7316491 7161353 35122097 0.90800 0.93210 0.09200 0.06790 X 1177955 1177955 5801294 649698 5151596 356156 48957 307199 1198203 945077 253126 6889876 X PART X, LINE 2: THE FOUNDATION FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE FOUNDATION HAS ALSO BEEN RECOGNIZED BY THE CALIFORNIA FRANCHISE TAX BOARD AS EXEMPT FROM CALIFORNIA FRANCHISE AND INCOME TAXES UNDER SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE FOUNDATION ALSO HAS TAX-EXEMPT STATUS IN COLORADO. THE FOUNDATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 NATURA INTERNATIONAL INC 1567 44TH STREET NW WASHINTON DC DC 20007 311667319 501(C)(3) 25000 0 CONSERVATION OF WETLANDS IN ARGENTINA REWILD PO BOX 129 AUSTIN TX 78767 262887967 501(C)(3) 160000 0 CONSERVATION OF FORESTS IN PERU AND ECUADOR. CONSERVATION OF WETLANDS IN PERU. 2 0 PART I, LINE 2: GRANT FUNDS WERE APPROVED BY THE BOARD PRIOR TO DISBURSEMENT. THE GRANTS WILL BE USED TO SUPPORT STARFALL EDUCATION FOUNDATION'S MISSION OF SUPPORTING ENVIRONMENTAL CAUSES. X X X X 0 0 0 0 0 0 0 0 0 ROGER WILSON PRESIDENT 192148 0 0 0 0 0 14011 0 20072 0 226231 0 0 0 GINA MORGAN SR DIRECTOR OF CIC & CONTENT DISTRIB 147327 0 0 0 0 0 8835 0 13572 0 169734 0 0 0 MARK MISIANO CFO, ASSISTANT SECRERTARY 144394 0 0 0 0 0 8562 0 13572 0 166528 0 0 0 STEVEN SCHULTZ DIRECTOR ADVANCED LEARNING GAMES 138592 0 0 0 0 0 8218 0 13572 0 160382 0 0 0 HELEN PARKER SR DIRECTOR OF OPERATIONS 145969 0 0 0 0 0 8657 0 962 0 155588 0 0 0 SPS STUDIOS INC SEE PART V 213864 SEE PART V 0 SCHEDULE L, PART IV, LINE 1: SPS STUDIOS, INC. DBA BLUE MOUNTAIN ARTS, INC. PROVIDES ORDER FULFILLMENT SERVICES FOR STARFALL EDUCATION FOUNDATION. SPS STUDIOS, INC. IS OWNED BY STEPHEN SCHUTZ AND HIS WIFE, SUSAN SCHUTZ, AND THE SCHUTZ'S OTHER CHILDREN. PROPOSALS TO PROVIDE FULFILLMENT SERVICES WERE SOLICITED FROM INDEPENDENT THIRD PARTY PROVIDERS AND COMPARED AGAINST THE SPS STUDIOS, INC. FULFILLMENT AGREEMENT. THE SCOPE, TERMS AND CONDITIONS WERE FOUND TO BE COMPETITIVE WITH THE PROPOSALS SUBMITTED BY THE THIRD PARTIES. THE BOARD OF DIRECTORS (WITH STEPHEN SCHUTZ AND JORDANNA POLIS SCHUTZ ABSTAINING) CONCLUDED THAT SPS STUDIOS, INC. FULFILLMENT AGREEMENT WAS ON MARKET TERMS AND DEEMED THE TRANSACTION AS ARM'S LENGTH.SPS STUDIOS, INC. ALSO ASSISTS STARFALL EDUCATION FOUNDATION WITH HUMAN RESOURCES. THE AGREEMENT FOR THE ASSISTANCE CALLS FOR TOTAL PAYMENTS OF $94,135 PER YEAR. PROPOSALS TO PROVIDE HUMAN RESOURCES SERVICES WERE SOLICITED FROM INDEPENDENT THIRD PARTY PROVIDERS. FURTHER, AN ANALYSIS OF THE AVERAGE COMPENSATION FOR HUMAN RESOURCE DIRECTORS FROM THE COLORADO NONPROFIT ASSOCIATION COMPILED BY THE UNIVERSITY OF DENVER WAS ALSO DONE. THE PROPOSALS AND AVERAGE COMPENSATION INFORMATION WERE COMPARED WITH THE SPS STUDIOS, INC. HUMAN RESOURCES AGREEMENT. THE SCOPE, TERMS AND CONDITIONS WERE FOUND TO BE COMPETITIVE WITH THE PROPOSALS SUBMITTED BY THE THIRD PARTIES AND IN THE RANGE OF THE AVERAGE COMPENSATION FOR A HUMAN RESOURCE DIRECTOR. THE BOARD OF DIRECTORS (WITH STEPHEN SCHUTZ AND JORDANNA POLIS SCHUTZ ABSTAINING) CONCLUDED THAT THE SPS STUDIOS, INC. HUMAN RESOURCES AGREEMENT WAS ON MARKET TERMS AND DEEMED THE TRANSACTION AS ARM'S LENGTH. FORM 990, PART III, LINE 4A THE FOUNDATION, THROUGH ITS WEBSITE STARFALL.COM, OFFERS FREE AND LOW-COST INTERACTIVE EXPERIENCES WHEREBY CHILDREN CAN SUCCESSFULLY LEARN THROUGH EXPLORATION. IT CONTINUES THE TRADITION OF ITS PREDECESSOR, A SOCIAL ENTERPRISE FOUNDED IN 2002, AS A PLACE WHERE CHILDREN HAVE FUN LEARNING TO READ. CURRENTLY, IT INCLUDES THE CORE SUBJECTS OF LANGUAGE ARTS AND MATHEMATICS FOR PRE-K, KINDERGARTEN, AND ELEMENTARY SCHOOL GRADE LEVELS. IT TEACHES THROUGH POSITIVE REINFORCEMENT TO HELP CHILDREN BECOME CONFIDENT AND INTRINSICALLY MOTIVATED. THE FOUNDATION PRODUCES AND DISTRIBUTES THE FOLLOWING EDUCATIONAL SERVICES AND MATERIALS FOR STUDENTS, PARENTS, TEACHERS AND SCHOOLS: INTERACTIVE GAMES, VIDEOS, MOVIES, E-BOOKS, AUDIO BOOKS, EDUCATIONAL SONGS, DOWNLOADABLE BOOKS, LESSON PLANS, CLASSROOM CURRICULA, PRINTED BOOKS, PRACTICE BOOKS, ELECTRONIC MEDIA AND TEACHING TOOLS. THESE ARE PRIMARILY DISTRIBUTED THROUGH THE STARFALL.COM WEBSITE. MANY OF STARFALL'S DIGITAL ACTIVITIES ARE ALSO AVAILABLE ON MOBILE APPS. STARFALL OFFERS LOW-COST MEMBERSHIP WHICH EXPANDS ITS FREE CONTENT TO INCLUDE ADDITIONAL GAMES, E-BOOKS, MOVIES AND SONGS. BENEFITS OF ANNUAL MEMBERSHIP INCLUDE PREFERRED AND UNLIMITED ACCESS TO STARFALL.COM FROM TABLET, MOBILE PHONE OR COMPUTER DURING A ONE YEAR MEMBERSHIP PERIOD. THE FOUNDATION ALSO MAINTAINS A FREE WEBSITE AT PUMEROSA.COM TO HELP SPANISH LANGUAGE SPEAKERS LEARN ENGLISH. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIPS STEPHEN SCHUTZ, JORDANNA SCHUTZ, JAY GRODIN, PAUL KNUTSON AND DIANA TEMPLE ARE EMPLOYED AT SPS STUDIOS. STEPHEN SCHUTZ AND JORDANNA SCHUTZ HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIPS STEPHEN SCHUTZ AND JORDANNA SCHUTZ HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990 IS PREPARED BY AN TAX ADVISOR AND THEN REVIEWED BY THE ORGANIZATION'S MANAGEMENT TEAM. THE FINAL DRAFT OF THE FORM IS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT A CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM ARE SENT TO THE BOARD OF DIRECTORS AND OFFICERS ANNUALLY. THE CERTIFICATIONS AND DISCLOSURE FORMS ARE REVIEWED BY THE BOARD OF DIRECTORS TO ENSURE THEY ARE COMPLIANT WITH THE POLICY. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE PERSON HAVING THE CONFLICT OF INTEREST SHALL NOT PARTICIPATE OR ATTEND ANY DISCUSSION RELATING TO SUCH INTEREST. VIOLATION OF THE CONFLICT OF INTEREST POLICY MAY CONSTITUTE CAUSE FOR REMOVAL OR TERMINATION OF A DIRECTOR OR OFFICER. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION REVIEW THE ORGANIZATION TAKES INTO CONSIDERATION A COMPENSATION REPORT PREPARED BY THE UNIVERSITY OF DENVER TO DETERMINE THE COMPENSATION FOR THE ORGANIZATION'S PRESIDENT. THE BOARD OF DIRECTORS REVIEW THE REPORT AND APPROVES THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION WILL PROVIDE THE FORM 1023 AND FORM 990 UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS THE ORGANIZATION WILL PROVIDE ITS GOVERNING DOCUMENTS UPON WRITTEN REQUEST. STARFALL EDUCATION LLC 4900 NAUTILUS COURT N BOULDER CO 80301 272997551 APP SALES CA 553143 1763 STARFALL PANCILLLC 4900 NAUTILUS COURT N BOULDER CO 80301 330903809 INACTIVE CA 0 0 STARFALL