Overview
What is Starfish Stories Inc?
Starfish Stories Inc, operating under the name "The Francisco Homes," is a nonprofit organization situated in Los Angeles, California. Their primary mission is to provide transitional housing and holistic supportive services to individuals who have recently been released from state prison. With a team of nine dedicated employees, Starfish Stories Inc aims to assist these individuals in their transition back into society, offering essential resources to help them rebuild their lives. The organization served 170 individuals during the year in question, providing them with housing and comprehensive support.
Official website here: www.thefranciscohomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 64%). This rating indicates that while Starfish Stories Inc shows a strong commitment to its programs and community feedback, there are significant areas for improvement in its accountability and financial practices. The organization received a low score of 58 in the Accountability & Finance category, which highlights potential concerns regarding transparency and governance.
The nonprofit excels in community engagement, reflected in its high Culture & Community score of 93 and perfect scores for constituent feedback collection and usage. Additionally, it has a solid program expense ratio of 95.42%, indicating that a majority of its funds are directed towards its programs rather than administrative costs. The board is fully independent, which strengthens governance oversight.
However, the organization lacks important policies, such as conflict of interest and whistleblower protections, which contributed to its low accountability score. Furthermore, a liabilities to assets ratio of 69.72% raises concerns about financial health. Addressing these governance issues could significantly enhance the organization's overall effectiveness and trustworthiness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Starfish Stories Inc legitimate?
Starfish Stories Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Starfish Stories Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $303,878
For more financial information, click here
Official website here: www.thefranciscohomes.org
What is the mission statement of Starfish Stories Inc?
Starfish Stories Inc is committed to providing transitional housing and supportive services for individuals who have recently been released from incarceration. Their mission is to aid these individuals in their transition back into society, offering holistic support to help them overcome the challenges they may face. During the year, the organization successfully assisted 170 individuals in finding stable housing and navigating their new lives outside of prison. Starfish Stories Inc's services aim to empower these individuals, providing them with the tools and resources needed to rebuild their lives and integrate back into society.
Official website here: www.thefranciscohomes.org
Who is the CEO of Starfish Stories Inc?
Teresa Groth is the Director of Starfish Stories Inc. The CEO's salary of Starfish Stories Inc is $0 and their total compensation is $0.
Official website here: www.thefranciscohomes.org
What is the revenue of Starfish Stories Inc?
Starfish Stories Inc's revenue in 2022 was $1,131,685.
Official website here: www.thefranciscohomes.org
Who are the executives of Starfish Stories Inc and what are their salaries?
The average compensation at Starfish Stories Inc during 2022 was $33,764. There are 9 employees and 75 volunteers at Starfish Stories Inc.
Here are 8 key members and their salaries (Starfish Stories Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.thefranciscohomes.org
Where can I find the form 990 for Starfish Stories Inc?
Starfish Stories Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thefranciscohomes.org
Learn more at the official website: www.thefranciscohomes.org
Mission Statement of Starfish Stories Inc
Starfish Stories Inc, a nonprofit organization, is dedicated to providing transitional housing and supportive services to individuals who have recently been released from state prison. The mission of Starfish Stories Inc is to offer more than just a place to stay; it aims to provide a holistic approach to rehabilitation, helping individuals transition back into society. The program served 170 individuals during the year, offering them housing and a range of supportive services as they navigate their new lives after long-term incarceration.
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Impact
October, 2024
Starfish Stories Inc has a profound impact on individuals transitioning from long-term incarceration back into society. By providing transitional housing paired with holistic supportive services, the organization supports formerly incarcerated individuals in navigating the challenges they face during reintegration. In the past year alone, Starfish Stories served 170 individuals, offering them not just a place to live but also comprehensive support designed to promote stability and self-sufficiency.
Located in Los Angeles, CA, Starfish Stories Inc addresses the critical needs of its population through tailored programs that focus on empowerment and rehabilitation. These services are essential in reducing recidivism, helping individuals break the cycle of incarceration, and fostering a sense of community and belonging. By investing in these individuals, the organization not only aids their personal journeys but also contributes to safer neighborhoods and a more rehabilitative approach to crime and justice within the broader community.
This information is meant to be a general summary of Starfish Stories Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,131,685
Assets and Liabilities:
- Total Assets: $917,762
- Total Liabilities: $639,870
- Net Assets: $277,892
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Organization Details
Founding Year
2007
Phone
(323) 293-1111Principal Officer
Teresa Groth
Main Address
P O Box 7190, Los Angeles, CA, 90007
Website
www.thefranciscohomes.orgNTEE Category
Code: I31 - Crime
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