Redefine This Inc Dba Star Lab
Nonprofit profile at a glance
- EIN
- 922154950
- IRS 990 coverage
- 2023–2025
- Forms available
- Form 990 2025, Form 990-N 2022
- Location
- Sarasota, FL, USA
- Phone
- 9178923709
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
Reported finances
- Revenue
- $590,857
- Expenses
- $503,625
- Assets
- $367,936
- Liabilities
- $27,704
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JIMMY GLOVER (President)
- STEPHANIE SEKETA (Vice President)
People named in this filing
- JIMMY GLOVER (President)
- STEPHANIE SEKETA (Vice President)
- ALISON DRAPPER (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We apply decades of experience in education, cutting-edge scientific research, and a deep respect for childhood to create the school of the future. Star Lab combines new and old methods to create a unique program tailored to maximizing achievement and joy.
What it reported doing in 2025
Star Lab provides a customized education for Sarasota elementary-aged children.
Operating model
- Revenue model
- Donor-supported. 67% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.6%; rating input score 85
- Program expense ratio: 99%; rating input score 99
- Fundraising efficiency: $207.79 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 14.8%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 0.73; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 90.1% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 37.3% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 30.7% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 84.6% of revenue deployed · 99% of spending went to programs
- Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $499K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.