Nonprofit · EIN 86-2288129
STARFISH ACCELERATOR FOUNDATION
Tax-exempt · BROOKLYN, NY 11211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $20,127 | $315,078 | -$294,951 | $208,927 | $0 | $208,927 |
| December 31, 2024 | 990 | $0 | $193,137 | -$193,137 | $507,156 | $0 | $507,156 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $20,127
- Net gain from sales of assets
- $34
- Tax-exempt bond proceeds
- $551
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $49,250
- Other salaries and wages
- $39,036
- Salaries, compensation and benefits (total)
- $92,044
- Professional fundraising fees
- $0
- Accounting fees
- $5,974
- Travel
- $259
- Management and general (functional)
- $315,078
Balance sheet and other
- Total assets, start of year
- $507,156
- Total assets, end of year
- $208,927
- Total liabilities, end of year
- $0
- Net assets, end of year
- $208,927
- Gross receipts
- $425,275
- Employees
- 0
- Year formed
- 2021
- State of legal domicile
- CA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAHYAD MOVAFFAGHI-TOUSI | Director Officer | 4 | $49,250 |
| SIAN MORSON | Director Officer | 4 | $0 |
| REZA ASLAN | Director Officer | 4 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAHYAD MOVAFFAGHI-TOUSI | Director Officer | 4 | $23,250 |
| SIAN MORSON | Director Officer | 4 | $0 |
| REZA ASLAN | Director Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 65 ROEBLING ST APT 102, BROOKLYN, NY 11211-2183
- Signed the 990
- MAHYAD TOUSI, Executive Director
- Phone
- (347) 267-5589
- Return prepared by
- ROSTAMBEK & COMPANY LLC
Mission
The Corporation is formed for charitable purposes including, without limitation, receiving contributions of money and property and using its income and principal assets exclusively for charitable, scientific, literary, and educational purposes in support of BIPOC artists and creatives, either directly or by making gifts, grants and contributions to organizations, including, but not limited to, those that are described in Code Section 501c3.
Program accomplishments
- The Corporation is formed for charitable purposes including, without limitation, receiving contributions of money and property and using its income and principal assets exclusively for charitable, scientific, literary, and educational purposes in support of BIPOC artists and creatives, either directly or by making gifts, grants and contributions to organizations, including, but not limited to, those that are described in Code Section 501c3.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 86-2288129
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A99)
- Assets (IRS master file)
- $208,927
- Income (IRS master file)
- $425,275
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $20,127 | $315,078 | $208,927 | IRS |
| 990 | December 2024 | $0 | $193,137 | $507,156 | IRS |
| 990 | December 2023 | $50,000 | $112,882 | $700,293 | IRS |
| 990 | December 2022 | $238,215 | $62,210 | $753,925 | IRS |
| 990 | December 2021 | – | – | – | IRS |
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 STARFISH ACCELERATOR FOUNDATION
- What is the EIN of STARFISH ACCELERATOR FOUNDATION?
- The employer identification number (EIN) of STARFISH ACCELERATOR FOUNDATION is 86-2288129.
- Is STARFISH ACCELERATOR FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to STARFISH ACCELERATOR FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does STARFISH ACCELERATOR 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 STARFISH ACCELERATOR FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STARFISH ACCELERATOR FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of STARFISH ACCELERATOR FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $49,250 (MAHYAD MOVAFFAGHI-TOUSI, Director).
- How much revenue does STARFISH ACCELERATOR FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $20,127, expenses of $315,078 and total assets of $208,927 at year end.
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