CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.

Note(s)
CharityWatch's rating of Starlight Children's Foundation (National Office) includes the financial activities of the U.S. based 501(c)(3) public charity (tax ID #95-3802159). It does not include the financial activities of its affiliate organizations.


According to the Starlight Children's Foundation audit of December 31, 2016 (Note 1, Organization):

"... The Foundation has agreements with International Affiliates in Australia, UK, and Canada. These affiliates operate independently, and the Foundation does not exercise control, nor does it have economic interests in the Affiliates. Therefore, the financial results of the Affiliates are not consolidated into the accompanying [audited] financial statements [of the Foundation]..."
According to the Starlight Children's Foundation audit of December 31, 2016 (Note 8, Related Party Transactions):

"The accounts of the Foundation's International Affiliates in the United Kingdom, Australia and Canada are not included in the [Foundation's audited] 2016 financial statements. During 2016, the Foundation provided Starlight Fun Center units to its Canadian affiliate. During the fiscal year 2016, the Foundation received revenue for Starlight Fun Center units from the Canadian affiliate totaling $45,000..."
According to the Starlight Children's Foundation audit of December 31, 2016 (Note 5, Contributed Goods, Services, and Use of Facilities), the Foundation reports receiving in-kind goods, services, and use of facilities on which it placed a total value of $2,047,859 in 2016.

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found by clicking on "About CharityWatch" from the navigation bar and then clicking on "Criteria & Methodology".]
According to the Starlight Children's Foundation audit of December 31, 2016 (Note 2, Contributions and pledges receivable):

"The Foundation had one donor which made up 13% of total revenue for the year ended December 31, 2016."
According to the Starlight Children's Foundation 2016 tax filing re: Compensation Information:

"Jacqueline Hart, former CEO, received $173,328 in severance and a $17,500 employer contribution to her 457(b) non-qualified retirement plan" (IRS Form 990, Schedule J, Part III).


The Foundation reports that Jacqueline Hart received total compensation in 2016 in the amount of $341,708, which included the severance payment noted above, as well as $34,350 in "Bonus & incentive compensation," $20,055 in "Retirement and other deferred compensation," and $2,111 in "Nontaxable benefits" (IRS Form 990, Schedule J, Part II).

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