NonprofitsFifth Star Funds Inc

Community Improvement & Capacity Building

Fifth Star Funds Inc

CHICAGO, IL

Total revenue

$793K

Total expenses

$115K

Net assets

$678K

Grants received

$674K

1 grants

EIN

881382953

Tax year

2024

Mission

Fifth Star Funds aims to foster a more equitable society by supporting a start-up ecosystem that is representative of today's world. We do this by reducing bias in the deal sourcing process, equalizing access to opportunity, allocating early-stage capital, providing network access, and delivering thoughtful support services that meet the needs of our founders.

Financials

FY 2024

Revenue

Contributions & grants$793K
Program service revenue
Investment income
Other revenue$237
Total revenue$793K

Expenses

Grants paid
Salaries & benefits$95K
Fundraising
Other expenses$20K
Total expenses$115K
Total assets$682K
Net assets$678K

People

7 listed

NameRoleCompensation

Joshua Taylor

Director

Board

$64K

40 hrs/wk

Kyle Backer

Secretary & Treasurer

Board

$24K

15 hrs/wk

Osayanmo Osarenkhoe

President

Board

1 hrs/wk

Tracey Suppo

Board Member

Board

1 hrs/wk

Nathan Pelzer

Board Member

Board

1 hrs/wk

Stella Ashaolu

Board Member

Board

1 hrs/wk

Tim Huelskamp

Board Member

Board

2 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$674K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2024

Funded by

$674K from 1 funder · 1 grant · 2024

Tides Foundation

$674K · 1 grant · 2024

Details

EIN881382953
NTEE codeS12
Subsection03
Ruling date2024-03
Formed2024
Employees2
Volunteers5
FIFTH STAR FUNDS INC — Mission, Financials & Grants Received | Grantivo