Starfish Stories Inc
- Assets
- $890.8k
- Revenue
- $902.1k
- Investments
- $700.7k
- Employees
- 8
- Location
- Los Angeles, CA
- Founding
- 07/2009
- Data as of
- 12/2021
- EIN
- 26-1856754
Organization Overview
Starfish Stories Inc, operating under the name The Francisco Homes, is located in Los Angeles, CA. The organization was established in 2009. According to its NTEE Classification (I31) the organization is classified as: Half-Way Houses for Offenders & Ex-Offenders, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2021, Francisco Homes employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Francisco Homes is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Francisco Homes generated $902.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $838.1k during the year ending 12/2021. While expenses have increased by 14.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TRANSITIONAL HOUSING WITH SUPPORTIVE SERVICES FOR FORMERLY INCARCERATED INDIVIDUALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAM SERVED 170 INDIVIDUALS TRANSITION DURING THE YEAR WITH HOUSING AND HOLISTIC SUPPORTIVE SERVICES, FROM LONG-TERM INCARCERATION FROM STATE PRISON.
IMPROVEMENT OF OFFICE BUILDING AND RESIDENTS' SERVICE MEETING GROUNDS TO COMPLETE IN 2022
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Oder President | OfficerTrustee | 0 | $0 |
Ben Lambert CFO | OfficerTrustee | 0 | $0 |
Sister Teresa Groth CEO | OfficerTrustee | 40 | $0 |
Jimmie Thompson Director | Trustee | 0 | $0 |
Audrey Holmes Director | Trustee | 0 | $0 |
Scott Wood Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $902,055 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $902,055 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $902,055 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $9,190 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $224,728 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,342 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,692 |
| Fees for services: Accounting | $12,136 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,000 |
| Advertising and promotion | $0 |
| Office expenses | $17,505 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $319,148 |
| Travel | $848 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,793 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,679 |
| All other expenses | $100,540 |
| Total functional expenses | $838,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,206 |
| Savings and temporary cash investments | $58,850 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $700,749 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,000 |
| Total assets | $890,805 |
| Accounts payable and accrued expenses | $5,448 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $525,468 |
| Unsecured mortgages and notes payable | $147,436 |
| Other liabilities | $4,700 |
| Total liabilities | $683,052 |
| Net assets without donor restrictions | $207,753 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $890,805 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Starfish Stories Inc has recieved totaling $50,540.
| Awarding Organization | Amount |
|---|---|
Sisters Of St Joseph Healthcare Foundation Orange, CA PURPOSE: INCLUSIVE HOUSING FOR RE-ENTRY | $50,000 |
The Michael And Patricia Smith Foundation La Canada, CA PURPOSE: GENERAL & UNRESTRICTED | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $40 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bridges To Change Inc Portland, OR | $3,943,014 | $9,778,299 |
Northwest Regional Re-Entry Center Nwrrc Portland, OR | $15,143,721 | $7,011,354 |
Gray Haven Inc Napa, CA | $755,729 | $1,592,150 |
Starfish Stories Inc Los Angeles, CA | $890,805 | $902,055 |
North County Sober Living Inc Carlsbad, CA | $15,622 | $699,878 |
New Beginnings Gold Country Placerville, CA | $474,091 | $471,643 |
Holistic Healing Behavioral Healthcare Portland, OR | $622,252 | $988,320 |
Firehouse Community Development Corporation San Jose, CA | $34,621 | $322,873 |
Tahoe Turning Point South Lake Tahoe, CA | $0 | $0 |
New Life Ministries Inc Harrisburg, OR | $212,955 | $0 |
Women 4 Change Inc Folsom, CA | $2,557 | $0 |
Bridges Reentry Inc Litchfield Park, AZ | $293,457 | $0 |