Nonprofit · EIN 65-0615755
FIVE STAR MAGNET PROGRAM INC
Tax-exempt (reinstated) · PALM BCH GDNS, FL 33410
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $26,957 | $33,036 | -$6,079 | $11,523 | – | $11,523 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Program service revenue
- $26,952
- Investment income
- $5
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,848
- Printing, publications and postage
- $905
- Other expenses
- $30,283
- Program services (functional)
- $33,036
Balance sheet and other
- Total assets, start of year
- $17,602
- Total assets, end of year
- $11,523
- Total liabilities, end of year
- –
- Net assets, end of year
- $11,523
- Cash, savings and investments
- $11,523
- Gross receipts
- $26,957
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Walker | Executive Director | 1 | $0 |
| Welsonne Renior | Chairman | 1 | $0 |
| Katie Thompson | Vice Chairman | 1 | $0 |
| Ben Rubins | Treasurer | 1 | $0 |
| Kathy Tobin | Secretary | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4245 HOLLY DR, PALM BCH GDNS, FL 33410-5503
- In care of
- % ARTY FALK
- Mailing address (990-N for 2020)
- 4245 Holly Drive, Palm Beach Gardens FL 33410
- Principal officer (990-N for 2020)
- John Walker, 10240 Seagrape Way, Palm Beach Gardens FL 33418
- Signed the 990-EZ
- John Walker, Director
- Phone
- (561) 694-7388
- Return prepared by
- Jerry Wang PA
Mission
Support the students in the Five Star Magnet Program
Program accomplishments
- Global business and entrepreneurship - The program has been designed to simulate a college curriculum to get essential skills.Expenses $33,036
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 65-0615755
- 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
- 2014
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $11,523
- Income (IRS master file)
- $26,957
Revocation and reinstatement
- Exemption revoked
- November 15, 2010
- Posted by the IRS
- July 13, 2011
- Reinstated
- Effective November 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-EZ | June 2025 | – | – | – | IRS |
| 990-EZ | June 2024 | $49,119 | $51,195 | $17,602 | IRS |
| 990-EZ | June 2023 | $57,618 | $88,608 | $19,678 | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-N for 2020 Officer: John Walker | June 30, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about FIVE STAR MAGNET PROGRAM INC
- What is the EIN of FIVE STAR MAGNET PROGRAM INC?
- The employer identification number (EIN) of FIVE STAR MAGNET PROGRAM INC is 65-0615755.
- Is FIVE STAR MAGNET PROGRAM INC tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective November 15, 2010.
- Are donations to FIVE STAR MAGNET PROGRAM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FIVE STAR MAGNET PROGRAM INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FIVE STAR MAGNET PROGRAM INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FIVE STAR MAGNET PROGRAM INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of FIVE STAR MAGNET PROGRAM INC?
- The 990-N for 2020 names John Walker.
- Who are the officers and directors of FIVE STAR MAGNET PROGRAM INC?
- The 990-EZ for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does FIVE STAR MAGNET PROGRAM INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $26,957, expenses of $33,036 and total assets of $11,523 at year end.
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