Youth and community nonprofits / New York / Freeport

Basketball

Rising Stars Inc

A tax-exempt nonprofit in Freeport, New York, classified by the IRS as basketball. For the year ending Dec 2024 it reported $2,217,408 in revenue and $2,227,838 in expenses.

Data as of November 8, 2026Markdown copyJSON data

What it says it does

“Rising stars mission is to promote education and reinforce values. We use the power of teams as a conduit to teach life skills and provide academic and athletic support to the children in our community.”From the organization's Form 990 for the year ending Dec 2024, as written (including spelling); all-capital text shown in normal capitalization.

IRS facts

Type: Basketball (IRS activity code N62)

Mailing city (IRS): Freeport, New York 11520

EIN: 11-3309547

Tax status: 501(c)(3), eligible to receive tax-deductible donations; IRS-recognized as tax-exempt since 1996, per IRS records posted October 13, 2026.

Revenue on its latest IRS filing: $2,217,408 (year ending Dec 2024)

Check its status on IRS Tax Exempt Organization Search · Filings on ProPublica Nonprofit Explorer

Rising Stars Inc finances

From the annual returns the group files with the IRS (Form 990, or the shorter Form 990-EZ for smaller groups), 1 filed year. Net assets are what it owns minus what it owes; management and general is office, admin and insurance cost. A dash means not reported (the short form does not ask for employees or volunteers). Each figure links to that year's return. A year is left out when no return is in the IRS e-file data; that does not mean the group was inactive.

Revenue and expenses by yearDec 2024: revenue $2,217,408, expenses $2,227,838 Total revenueTotal expenses $2.2M$2.2MDec '24
Year endingDec 2024
Total revenue$2,217,408
Total expenses$2,227,838
Total assets$1,181,913
Liabilities$5,696
Net assets$1,176,217
Employees2
IRS formForm 990

Where the money goes, year ending Dec 2024

Expense splitPrograms 83%, Management and general 14%, Fundraising 3%

Where the money comes from, year ending Dec 2024

Revenue sourcesGifts and grants 38%, Program fees 34%, Investment income 2%, Other 26%

People: 2 employees reported for the year ending Dec 2024. Counts only; BackPR does not publish names of officers or staff.

Only one return is loaded, so we show no growth label.

Source: IRS Form 990 Series Downloads (the returns open on ProPublica Nonprofit Explorer, which republishes the IRS files). Figures are as the organization filed them. New York nonprofit.

How it compares

1 of 2 amateur sports nonprofits in Freeport when sorted from largest to smallest revenue. This shows size only, not quality. Groups with no reported revenue are listed last.

Size: revenue of $2,217,408 is in the top 10% of the 498 amateur sports nonprofits in New York that report revenue to the IRS (the city count above also includes groups with none). The median is $154,353.

Revenue compared with similar groupsRevenue of $2,217,408 compared with amateur sports nonprofits in New York: the middle 80% earn between $37,704 and $816,645, the median is $154,353. 10th pct$37.7Kmedian$154K90th pct$817K This group $2.2M

Our analysis of the IRS Business Master File (posted October 13, 2026), using each group's latest reported revenue. Groups are sorted by revenue and split into ten equal bands, using all New York groups of this type (Amateur sports, which covers several IRS activity codes). Size only, not a rating.

Around Freeport and its county

Nassau County, New York: the Census Bureau estimates about 295,441 children under 18 (July 1, 2024). This directory lists 179 youth and community nonprofits with a mailing ZIP code in the county, about 0.6 per 1,000 children. The count includes PTAs, arts and day care groups, so it is not a measure of places for kids.

This group's ZIP code is matched to the county that holds most of its area, so counts are approximate. County figures come from the Census Bureau's Vintage 2024 population estimates.

Licensed programs in Freeport

9 licensed child care centers, 3 school-age programs are in state licensing records and listed in the BackPR finder. The examples below are not related to this organization.

licensed child care center

BOSS BABIES LEARNING ACADEMY LLC

Freeport, NY

State record

licensed child care center

Carousel of Learning Inc.

Freeport, NY

State record

licensed child care center

Country Club Day Program

Freeport, NY

State record

licensed child care center

Economic Opportunity Commission of Nassau County, Inc.

Freeport, NY

State record

licensed child care center

Little Learners Day Care Center Inc.

Freeport, NY

State record

licensed child care center

Little Minds Universe Inc.

Freeport, NY

State record

New York background check rules for youth programs · How BackPR works for amateur sports nonprofits

Questions about Rising Stars Inc

What is Rising Stars Inc's EIN?

Rising Stars Inc's EIN (Employer Identification Number) is 11-3309547. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

Is Rising Stars Inc a nonprofit?

Yes. The IRS lists Rising Stars Inc in Freeport, New York as tax-exempt under section 501(c)(3), recognized since 1996. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

Are donations to Rising Stars Inc tax-deductible?

Yes, the IRS lists gifts to Rising Stars Inc as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

What does Rising Stars Inc do?

In its own words on its Form 990 for the year ending Dec 2024: "Rising stars mission is to promote education and reinforce values. We use the power of teams as a conduit to teach life skills and provide academic and athletic support to the children in our community." The IRS classifies it as: Basketball.

How much money does Rising Stars Inc take in?

For the year ending Dec 2024, Rising Stars Inc reported total revenue of $2,217,408 and total expenses of $2,227,838 on its Form 990 (IRS Form 990 e-file data).

Do you run this organization?

You can add your programs, season dates, ages, prices, registration link and logo to this page, or ask us to remove it. BackPR's free plan for 501(c)(3)s handles online registration, payments, waivers and attendance. No subscription and no BackPR fee on what families pay (card processing fees from Stripe still apply).

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Free forms for amateur sports nonprofits

More amateur sports nonprofits in Freeport

All youth and community nonprofits in Freeport

Source: IRS Exempt Organizations Business Master File, posted October 13, 2026. We list 501(c)(3) organizations whose IRS activity code is youth development, amateur sports, camps and recreation, parent-teacher groups, children's services, child day care or arts education. We show the city and ZIP code only, never a street address or contact person. A listing is not an endorsement.

Data as of November 8, 2026. Sources: IRS Business Master File (posted October 13, 2026), IRS Form 990 series e-file data, U.S. Census Bureau population estimates (July 1, 2024), state child care licensing records in the BackPR finder. Growth labels, ranks and percentiles are BackPR's own calculations.

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