Nonprofit · EIN 86-1067010
RISING STAR RESOURCE DEVELOPMENT CORPORATION
Tax-exempt (reinstated) · DALLAS, TX 75204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $3,667,863 | $3,369,612 | $298,251 | $1,950,001 | $624,029 | $1,325,972 |
| September 30, 2024 | 990 | $3,301,755 | $3,098,188 | $203,567 | $1,705,764 | $678,043 | $1,027,721 |
| September 30, 2023 | 990 | $2,738,721 | $2,717,205 | $21,516 | $1,496,438 | $672,284 | $824,154 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,666,895
- Investment income
- $968
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,200
- Compensation of officers, directors and key employees
- $376,800
- Other salaries and wages
- $2,010,304
- Salaries, compensation and benefits (total)
- $2,621,297
- Professional fundraising fees
- $0
- Legal fees
- $76,835
- Travel
- $26,084
- Depreciation
- $84,661
- Program services (functional)
- $2,630,184
- Management and general (functional)
- $739,428
Balance sheet and other
- Total assets, start of year
- $1,705,764
- Total assets, end of year
- $1,950,001
- Total liabilities, end of year
- $624,029
- Net assets, end of year
- $1,325,972
- Land, buildings and equipment
- $890,147
- Net assets without donor restrictions
- $1,325,972
- Gross unrelated business income
- $513,167
- Gross receipts
- $3,667,863
- Employees
- 130
- Volunteers
- 0
- Year formed
- 2003
- State of legal domicile
- TX
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Humberto Valencia | Finance Manager and Board Secretary Officer, Key employee | 40 | $77,750 |
| Dennis D Edwards Sr | Board Member and Executive director Trustee or director | 40 | $64,473 |
| Jerome Thomas | Board Member Trustee or director | 1 | $0 |
| Vernon J Foster | Board Member Trustee or director | 1 | $0 |
| Sterling Wafford | Board Member Trustee or director | 1 | $0 |
| Timothy Woods | Board member Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Humberto Valencia | Finance Manager and Board Secretary Key employee | 40 | $66,271 |
| Dennis D Edwards Sr | Board Member and Executive director Officer, Key employee | 40 | $57,209 |
| Jerome Thomas | Board Member Officer | 1 | $0 |
| Vernon J Foster | Board Member Officer | 1 | $0 |
| Sterling Wafford | Board Member Officer | 1 | $0 |
| Timothy Woods | Board member Officer | 1 | $0 |
990 for the year ended September 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dennis D Edwards Sr | Board Member and Executive director Officer | 40 | $58,342 |
| Humberto Valencia | Finance Manager and Board Secretary Key employee | 40 | $57,315 |
| Jerome Thomas | Board Member Officer | 1 | $0 |
| Vernon J Foster | Board Member Officer | 1 | $0 |
| Sterling Wafford | Board Member Officer | 1 | $0 |
| Timothy Woods | Board member Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4308 BRYAN ST, DALLAS, TX 75204-6762
- Principal officer (990 for 2024)
- Rising Star Resource Development Corp, 4308 Bryan St, Dallas, TX 75204
- Signed the 990
- Humberto Valencia, Finance Manager
- Phone
- (469) 471-4798
- Website
- www.risingstarcorp.org
Mission
The Corporation employees' people with severe disabilities through professional support services to Federal, State Governments, and commercial enterprises.
Program accomplishments
- The corporation provides contract services to Texas state government agencies through the WorkQuest program.Expenses $1,157,281 · revenue $1,417,717
- The corporation provides temporary services to Texas state government agencies through the WQ program and commercialExpenses $789,055 · revenue $951,036
- The corporation provides contract services to federal government agencies through the Source America program.Expenses $683,848 · revenue $785,943
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 86-1067010
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J30)
- Assets (IRS master file)
- $1,950,001
- Income (IRS master file)
- $3,667,863
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- June 9, 2011
- Reinstated
- Effective May 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $3,667,863 | $3,369,612 | $1,950,001 | XML |
| 990 | September 2024 | $3,301,755 | $3,098,188 | $1,705,764 | XML |
| 990 | September 2023 | $2,738,721 | $2,717,205 | $1,496,438 | XML |
| 990 | September 2022 | $3,070,111 | $3,062,693 | $1,448,195 | 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 86-1067010).
Questions about RISING STAR RESOURCE DEVELOPMENT CORPORATION
- What is the EIN of RISING STAR RESOURCE DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of RISING STAR RESOURCE DEVELOPMENT CORPORATION is 86-1067010.
- Is RISING STAR RESOURCE DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
- Are donations to RISING STAR RESOURCE DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RISING STAR RESOURCE DEVELOPMENT CORPORATION 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 RISING STAR RESOURCE DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RISING STAR RESOURCE DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of RISING STAR RESOURCE DEVELOPMENT CORPORATION?
- The 990 for the year ended September 30, 2025 names Rising Star Resource Development Corp.
- Who are the officers and directors of RISING STAR RESOURCE DEVELOPMENT CORPORATION?
- The 990 for the year ended September 30, 2025 lists 6 people; 2 received compensation from the organization, the highest $77,750 (Humberto Valencia, Finance Manager and Board Secretary).
- How much revenue does RISING STAR RESOURCE DEVELOPMENT CORPORATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $3,667,863, expenses of $3,369,612 and total assets of $1,950,001 at year end.
Other nonprofits in DALLAS
- GOODWILL INDUSTRIES OF DALLAS INC EIN 75-0800649 · last filed 990 for 2024
- TD JAKES FOUNDATION EIN 84-4667327 · last filed 990 for 2024
- CITIZENS DEVELOPMENT CENTER EIN 75-1008422 · last filed 990 for 2025
- ALLIANCE OF DALLAS EDUCATORS INC EIN 75-1578475 · last filed 990 for 2025
- DALLAS CHRISTIAN WOMENS JOB CORPS INC EIN 75-2924518 · last filed 990 for 2025
- GOODWILL INDUSTRIES OF DALLAS FOUNDATION INC EIN 75-1222611 · last filed 990 for 2024
- WATERMARK COMMUNITY DEVELOPMENT CORPORATION EIN 83-1694758 · last filed 990 for 2024
- REGIONAL BLACK CONTRACTORS ASSOCIATION OF NORTH TEXAS INC EIN 47-2590800 · last filed 990 for 2025