Overview
What is Starfish Inc?
Starfish Inc, also known as The Starfish Initiative, is a nonprofit organization situated in Indianapolis, Indiana. With a focus on supporting academically motivated high school students from vulnerable backgrounds, the organization provides mentoring, guidance, and essential services. During the recent fiscal year, Starfish Inc served over 230 students, demonstrating its commitment to its mission. An impressive increase in the percentage of funds spent on program-related activities was noted in the current fiscal year, with program expenses accounting for 67% of the total expenses. The organization employs a team of six individuals, working diligently to fulfill its mission of inspiring, encouraging, and preparing these students for college and career success.
Official website here: www.starfishinitiative.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star Rating
Starfish Inc has received a strong rating of 91% from Charity Navigator, indicating a high level of accountability and financial health. The organization has a perfect score for having an independent board and demonstrates solid financial practices, including a low liabilities-to-assets ratio. The majority of its financial and operational policies are well-documented and adhered to, ensuring transparency and trust in its operations.
User feedback highlights the vital role Starfish plays in supporting academically driven, low-income students in the Indianapolis area. A review from a volunteer emphasizes the organization's commitment to matching mentors with scholars effectively, showcasing the dedication of the staff to both their volunteers and the program participants. The positive impact Starfish has on the community is particularly noted through the personal stories of the students they serve.
While the organization has received praise for its strong financial practices and community involvement, the program expense ratio indicates that there may be room for improvement in allocating funds directly to its programs. Overall, Starfish Inc is recognized for its effective operations and significant contributions to the community it serves.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Starfish Inc legitimate?
Starfish Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Starfish 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: $319,850
For more financial information, click here
Official website here: www.starfishinitiative.org
What is the mission statement of Starfish Inc?
Starfish Inc's mission is to inspire, encourage, and prepare academically motivated high school students from vulnerable populations for college and career success. The organization provides mentoring, guidance, and support services to help these students achieve their aspirations. Starfish Inc served over 230 students during the previous fiscal year, and there was an increase in the percentage of dollars expended on program-related activities. Currently, program expenses make up 67% of the organization's total expenses.
Official website here: www.starfishinitiative.org
Who is the CEO of Starfish Inc?
Crystal Givens is the President An of Starfish Inc.
Official website here: www.starfishinitiative.org
What is the revenue of Starfish Inc?
Starfish Inc's revenue in 2022 was $795,333.
Official website here: www.starfishinitiative.org
Who are the executives of Starfish Inc and what are their salaries?
The average compensation at Starfish Inc during 2022 was $53,308. There are 6 employees and 220 volunteers at Starfish Inc.
Here are 10 key members and their salaries:
- Compensation: $46,807
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.starfishinitiative.org
Where can I find the form 990 for Starfish Inc?
Starfish Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.starfishinitiative.org
Learn more at the official website: www.starfishinitiative.org
Mission Statement of Starfish Inc
Starfish Inc, a nonprofit organization, is dedicated to inspiring, encouraging, and preparing academically motivated high school students from vulnerable populations for college and career success. Their primary mission is to provide low-income students with mentoring, guidance, and support services to help them navigate their educational journey and achieve their goals beyond high school. Starfish Inc serves over 230 students annually, and their commitment to their mission is evident in the increased percentage of funds allocated to program-related activities in the current fiscal year. The organization's efforts resulted in a substantial increase in the proportion of program expenses to total expenses, reaching 67% in the current fiscal year.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Starfish Inc's impact is profound in the Indianapolis community. By providing low-income high school students with mentoring, guidance, and support services, the organization is making a tangible difference in the lives of over 230 students. The increase in the percentage of dollars expended on program-related activities demonstrates a commitment to prioritizing the needs of the students they serve. With a mission to inspire, encourage, and prepare academically motivated students from vulnerable populations for college and career success, Starfish Inc is playing a crucial role in empowering youth to reach their full potential.
This information is meant to be a general summary of Starfish 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.
- Investment Income: $2,902
- Gross Receipts: $795,333
Assets and Liabilities:
- Total Assets: $376,394
- Total Liabilities: $21,802
- Net Assets: $354,592
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2003
Phone
(317) 588-6300Principal Officer
Crystal Givens
Main Address
2955 N MERIDIAN SUITE 101, INDIANAPOLIS, IN, 46208
Website
www.starfishinitiative.orgNTEE Category
Code: O30 - Youth development
If you are a representative of Starfish Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.