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Nonprofit · EIN 35-2541465

BRIGHT STAR FOUNDATION

Tax-exempt · LAS VEGAS, NV 89101

Financials

$248K$339K2023$189K$286K2024
Revenue Expenses · by fiscal year end
Financials of BRIGHT STAR FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$188,607$285,906-$97,299$1,934,074$1,373,396$560,678
December 31, 2023990$248,345$338,796-$90,451$2,051,081$1,378,780$672,301
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$150
Program service revenue
$188,448
Investment income
$9
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$22,565
Salaries, compensation and benefits (total)
$25,645
Professional fundraising fees
$0
Accounting fees
$4,013
Depreciation
$90,756
Program services (functional)
$273,813
Management and general (functional)
$12,093

Balance sheet and other

Total assets, start of year
$2,051,081
Total assets, end of year
$1,934,074
Total liabilities, end of year
$1,373,396
Net assets, end of year
$560,678
Land, buildings and equipment
$1,903,349
Net assets without donor restrictions
$560,678
Gross receipts
$188,607
Employees
1
Volunteers
5
Year formed
2015
State of legal domicile
NV

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DOUG VAN PELTPRESIDENT
Trustee or director, Officer
5$0
PETER FLORSTEDTTREASURER
Trustee or director, Officer
5$0
SOLEIL MCCANTSSECRETARY
Trustee or director, Officer
2$0
DOUGLAS JONESDIRECTOR
Trustee or director
1$0
XAVIER FOSTERDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
PETER FLORSTEDTTREASURER
Trustee or director, Officer
5$0
DOUG VAN PELTVICE PRESIDENT
Trustee or director, Officer
5$0
ROBERT SCHLEGELDIRECTOR
Trustee or director
1$0
DOUGLAS JONESDIRECTOR
Trustee or director
1$0
SOLEI MCCANTSSECRETARY
Trustee or director, Officer
–$0
XAVIER FOSTERDIRECTOR
Trustee or director
–$0
CARIK-JEANETTE JORGENSENPRESIDENT
Trustee or director
5$0

Address and contacts

Address (IRS master file)
721 S 8TH ST, LAS VEGAS, NV 89101-7006
Principal officer (990 for 2024)
PETER FLORSTEDT, 401 S MARYLAND PKWY, LAS VEGAS, NV 89101
Signed the 990
PETER FLORSTEDT, TREASURER
Phone
(904) 728-9498
Return prepared by
Brenda J Stout CPA

Mission

TO PROVIDE LOW-COST TRANSITIONAL HOUSING FOR THE LAS VEGAS COMMUNITY

990 for the year ended December 31, 2024

Program accomplishments

  • BRIGHTSTAR FOUNDATION PROVIDES LOW-COST TRANSITIONAL HOUSING FOR THE LAS VEGAS COMMUNITY In FY2024, the foundation assisted 42 persons with 326 months of low-cost housing.
    Expenses $273,813 · revenue $188,448

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-2541465
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X20)
Assets (IRS master file)
$1,934,074
Income (IRS master file)
$188,607

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$188,607$285,906$1,934,074IRS
990December 2023$248,345$338,796$2,051,081XML
990December 2022$254,772$380,062$2,121,940IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-2541465).

Questions about BRIGHT STAR FOUNDATION

What is the EIN of BRIGHT STAR FOUNDATION?
The employer identification number (EIN) of BRIGHT STAR FOUNDATION is 35-2541465.
Is BRIGHT STAR FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to BRIGHT STAR FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BRIGHT STAR FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BRIGHT STAR FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BRIGHT STAR FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BRIGHT STAR FOUNDATION?
The 990 for the year ended December 31, 2024 names PETER FLORSTEDT.
Who are the officers and directors of BRIGHT STAR FOUNDATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does BRIGHT STAR FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $188,607, expenses of $285,906 and total assets of $1,934,074 at year end.

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